Do you rely on the odds when placing bets? - page 6.

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Quote from: dre1982 on January 12, 2021, 08:33:13 AM

This weekend there was a good opportunity for in-game bets with the game Ajax - PSV. PSV came on 0-2 after 21 minutes.

Ajax became much better in the game and almost won it but the game ended at 2-2. Too bad I wasn't online during this match.

What was the odds for that match for you to say that it's a good opportunity that you've missed?

Quote from: Botnake on January 12, 2021, 08:29:38 AM

Winning your bet with 4.00 odds is more satisfying that winning bets on odds like 1.10... and you'll not feel good if you lose because you were expecting you will easily win given the odds tells you that there's a very low chance of losing.

I'm more of a sure guy and won't matter if that's only a 1.10 odd but you're right, the higher it is, the more satisfying that you'll get to see your winning. But we can also conclude who's the underdog and unlikely to win.

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Quote from: michellee on January 12, 2021, 11:08:29 AM

Be careful because that prediction will not always work as if one club or team can perform better, it could change the situation from bigger odds to small odds. Maybe you need to search for more info about the team and not only their match because the other player can replace by the other, which can affect the team performance. If the player is on badminton or a game like that, we can search for their record or history to know how good they played before.

Agreed, If you care at all about winning the bets that you placed on a match you have to absolutely know both teams very well and only the history of previous matches between the two teams are not going to be enough for you, unfortunately many gamblers are getting used to betting on a team winning without having much information about the team personally, I know some people that even bet on leagues or sports that they have no experience betting on or even watching which is really not advised to do.

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Quote from: Botnake on January 12, 2021, 08:29:38 AM

Quote from: Betwrong on January 12, 2021, 08:24:15 AM

~

I didn't expect much to win that bet, but I thought "Okay, it won't be the end of the world if I lose." But I won, and it feels so good.

To win that amount with 1.1 odds I should have risked 46k sats, $16+ today, not something I would be okay with losing. And those bets with high probability of winning are tricky: even if you bet on a very strong team, you can always get a draw and lose your bet as a result.

It's definitely correct, there's no easy way to win, betting odds speaks about probability to win, and it does not guarantee that you'll win.

Winning your bet with 4.00 odds is more satisfying that winning bets on odds like 1.10... and you'll not feel good if you lose because you were expecting you will easily win given the odds tells you that there's a very low chance of losing.

That's exactly what I'm trying to avoid when placing my bets, that bad feeling when you lose your bet on a strong team.

There are two disadvantages to this kind of betting:

1. If you win, your win is small compared to the size of your bet;

2. It is very upsetting to lose, when the probability of winning was 80%-90%.

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Quote from: Ucy on January 13, 2021, 04:09:22 AM

Ofcourse. That's probably what most sports bettors failed to do (doing their own research). I guess they think the odds are enough. Or maybe they don't know how to go about it, or think research won't change anything because "betting is luck-based".
A bettor who has enough information on teams past/current forms could easily do better than those that only rely on site odds. I think I'd compare my researched information with site odd and see which is more reliable.

It is very well known that sport betting is one of the few casino games that can be beaten regularly by players, this is difficult of course but if you have a lot of knowledge about a sport it can be done as you will be able to recognize when the odds do not correspond with the reality and win slightly more often than chance and get better odds as well giving you profits in the process, obviously casinos do not like this and if they discover you they will limit your account but thankfully there are thousands of casinos online where people can use their skills and keep profiting from sports bets.

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Quote from: Pamadar on January 13, 2021, 07:18:32 AM

Quote from: michellee on January 12, 2021, 10:39:58 PM

Quote from: hahay on January 12, 2021, 05:27:47 PM

If he is comfortable doing it I think it will be fine, but if someone is not used to it then obviously it will be risky because even though we are used to sports betting but in reality it is different when betting live. The most important thing is not to always rely on odds, with him always watching matches so I don't think he's someone who relies on odds but takes chances or moments quickly, that's a great habit I think.

Feeling comfortable will be one thing that will make someone stay with their choice and not going to choose the other thing, but that can make him not to be careful because he thinks that he usually do that for many times. He will think that he knows the risk and how to prevent the big risk, but he can be in danger sooner or later, especially if he underestimates the situations that will always change from time to time. It is okay to rely on odds, but he needs to think about the other way besides the odds.

The mere fact that you are into gambling, there's always risk accomapanied.

But having good glimpse and right attitude and skills gives you good advantage, the more you understand and the more you are willing to take the risk the better chances of finding good odds for your chosen bets. Make sure that you are willing to lose whatever amount you use as sparing the money allows you to move forward whatever the results of your picks.

You should expect on what would be the outcome because if you are a type of gambler who do really always look after your loss or mistake then that would really be stressful one.
When choosing bets then majority will really be looking on odds ye we cant deny that we can really see on which one is favorite and which one is underdog.
Winning probabilities can really be known with just seeing those numbers.Relying isnt bad but be sure that you do now on whats the reason on why you had chosen
a certain team or player.

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Quote from: Ucy on January 13, 2021, 04:09:22 AM

Ofcourse. That's probably what most sports bettors failed to do (doing their own research). I guess they think the odds are enough. Or maybe they don't know how to go about it, or think research won't change anything because "betting is luck-based".
A bettor who has enough information on teams past/current forms could easily do better than those that only rely on site odds. I think I'd compare my researched information with site odd and see which is more reliable.

Sometimes the odds can trick us, and it can give a wrong prediction to us as we think that the situations and the conditions can change. If that is about "betting is luck-based", they do not need to research or search for more info because they only depend on luck. But searching for more information is the must thing that every gambler must do before they place their bet, and they do not just depend on the team's history to choose the right team.

Quote from: Pamadar on January 13, 2021, 07:18:32 AM

The mere fact that you are into gambling, there's always risk accomapanied.

But having good glimpse and right attitude and skills gives you good advantage, the more you understand and the more you are willing to take the risk the better chances of finding good odds for your chosen bets. Make sure that you are willing to lose whatever amount you use as sparing the money allows you to move forward whatever the results of your picks.

But taking a risk needs to have more analysis, so we can know how bigger the risk, and if necessary, we should reduce the risk that can impact how much money we will lose later. We are willing to lose the money, and that will need to be our concern because we do not want to see our money will be gone quickly. So maybe we need to manage the money that we can afford to lose.

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Quote from: michellee on January 12, 2021, 10:39:58 PM

Quote from: hahay on January 12, 2021, 05:27:47 PM

If he is comfortable doing it I think it will be fine, but if someone is not used to it then obviously it will be risky because even though we are used to sports betting but in reality it is different when betting live. The most important thing is not to always rely on odds, with him always watching matches so I don't think he's someone who relies on odds but takes chances or moments quickly, that's a great habit I think.

Feeling comfortable will be one thing that will make someone stay with their choice and not going to choose the other thing, but that can make him not to be careful because he thinks that he usually do that for many times. He will think that he knows the risk and how to prevent the big risk, but he can be in danger sooner or later, especially if he underestimates the situations that will always change from time to time. It is okay to rely on odds, but he needs to think about the other way besides the odds.

The mere fact that you are into gambling, there's always risk accomapanied.

But having good glimpse and right attitude and skills gives you good advantage, the more you understand and the more you are willing to take the risk the better chances of finding good odds for your chosen bets. Make sure that you are willing to lose whatever amount you use as sparing the money allows you to move forward whatever the results of your picks.

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Quote from: michellee on January 12, 2021, 11:08:29 AM

Quote from: Oneandpure on January 12, 2021, 10:44:25 AM

If you wanna get bigger odd always active and put your betting on live game, you can see prediction between two club which one favorite and looking when left one goal and getting have bigger chance to get back score you can put and get bigger odds, now I will active for watching many game and potential for betting, keep to know about match and always on time watch the game like badminton last evening, I saw favorite player have left one game and give bigger odds but in match he has bigger chance to win and I use odd betting and I can win.

Be careful because that prediction will not always work as if one club or team can perform better, it could change the situation from bigger odds to small odds. Maybe you need to search for more info about the team and not only their match because the other player can replace by the other, which can affect the team performance. If the player is on badminton or a game like that, we can search for their record or history to know how good they played before.

Ofcourse. That's probably what most sports bettors failed to do (doing their own research). I guess they think the odds are enough. Or maybe they don't know how to go about it, or think research won't change anything because "betting is luck-based".
A bettor who has enough information on teams past/current forms could easily do better than those that only rely on site odds. I think I'd compare my researched information with site odd and see which is more reliable.

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Quote from: hahay on January 12, 2021, 05:27:47 PM

If he is comfortable doing it I think it will be fine, but if someone is not used to it then obviously it will be risky because even though we are used to sports betting but in reality it is different when betting live. The most important thing is not to always rely on odds, with him always watching matches so I don't think he's someone who relies on odds but takes chances or moments quickly, that's a great habit I think.

Feeling comfortable will be one thing that will make someone stay with their choice and not going to choose the other thing, but that can make him not to be careful because he thinks that he usually do that for many times. He will think that he knows the risk and how to prevent the big risk, but he can be in danger sooner or later, especially if he underestimates the situations that will always change from time to time. It is okay to rely on odds, but he needs to think about the other way besides the odds.

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Quote from: michellee on January 12, 2021, 11:08:29 AM

Quote from: Oneandpure on January 12, 2021, 10:44:25 AM

If you wanna get bigger odd always active and put your betting on live game, you can see prediction between two club which one favorite and looking when left one goal and getting have bigger chance to get back score you can put and get bigger odds, now I will active for watching many game and potential for betting, keep to know about match and always on time watch the game like badminton last evening, I saw favorite player have left one game and give bigger odds but in match he has bigger chance to win and I use odd betting and I can win.

Be careful because that prediction will not always work as if one club or team can perform better, it could change the situation from bigger odds to small odds. Maybe you need to search for more info about the team and not only their match because the other player can replace by the other, which can affect the team performance. If the player is on badminton or a game like that, we can search for their record or history to know how good they played before.

If he is comfortable doing it I think it will be fine, but if someone is not used to it then obviously it will be risky because even though we are used to sports betting but in reality it is different when betting live. The most important thing is not to always rely on odds, with him always watching matches so I don't think he's someone who relies on odds but takes chances or moments quickly, that's a great habit I think.

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Quote from: Oneandpure on January 12, 2021, 10:44:25 AM

If you wanna get bigger odd always active and put your betting on live game, you can see prediction between two club which one favorite and looking when left one goal and getting have bigger chance to get back score you can put and get bigger odds, now I will active for watching many game and potential for betting, keep to know about match and always on time watch the game like badminton last evening, I saw favorite player have left one game and give bigger odds but in match he has bigger chance to win and I use odd betting and I can win.

Be careful because that prediction will not always work as if one club or team can perform better, it could change the situation from bigger odds to small odds. Maybe you need to search for more info about the team and not only their match because the other player can replace by the other, which can affect the team performance. If the player is on badminton or a game like that, we can search for their record or history to know how good they played before.

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If you wanna get bigger odd always active and put your betting on live game, you can see prediction between two club which one favorite and looking when left one goal and getting have bigger chance to get back score you can put and get bigger odds, now I will active for watching many game and potential for betting, keep to know about match and always on time watch the game like badminton last evening, I saw favorite player have left one game and give bigger odds but in match he has bigger chance to win and I use odd betting and I can win.

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This weekend there was a good opportunity for in-game bets with the game Ajax - PSV. PSV came on 0-2 after 21 minutes.

Ajax became much better in the game and almost won it but the game ended at 2-2. Too bad I wasn't online during this match.

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Quote from: Betwrong on January 12, 2021, 08:24:15 AM

Quote from: Fredomago on January 11, 2021, 01:20:41 PM

~

Quote

If you want to bet to this kind of odds then you should only use a money that you are ready to loss, a money that will not give you a heartache if in case you will loss as your chances of losing if you bet to x5 or more odds is 80% and up.

As always, spare money for your bankroll. If you lose then move forward and accept the outcome.

That was my attitude when I was placing 1k sats on the draw here

I didn't expect much to win that bet, but I thought "Okay, it won't be the end of the world if I lose." But I won, and it feels so good.

To win that amount with 1.1 odds I should have risked 46k sats, $16+ today, not something I would be okay with losing. And those bets with high probability of winning are tricky: even if you bet on a very strong team, you can always get a draw and lose your bet as a result.

It's definitely correct, there's no easy way to win, betting odds speaks about probability to win, and it does not guarantee that you'll win.

Winning your bet with 4.00 odds is more satisfying that winning bets on odds like 1.10... and you'll not feel good if you lose because you were expecting you will easily win given the odds tells you that there's a very low chance of losing.

Betwrong

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Quote from: Fredomago on January 11, 2021, 01:20:41 PM

~

Quote

If you want to bet to this kind of odds then you should only use a money that you are ready to loss, a money that will not give you a heartache if in case you will loss as your chances of losing if you bet to x5 or more odds is 80% and up.

As always, spare money for your bankroll. If you lose then move forward and accept the outcome.

That was my attitude when I was placing 1k sats on the draw here

I didn't expect much to win that bet, but I thought "Okay, it won't be the end of the world if I lose." But I won, and it feels so good.

To win that amount with 1.1 odds I should have risked 46k sats, $16+ today, not something I would be okay with losing. And those bets with high probability of winning are tricky: even if you bet on a very strong team, you can always get a draw and lose your bet as a result.

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Quote from: chaser15 on January 11, 2021, 07:07:04 PM

Quote from: KTChampions on January 11, 2021, 05:08:02 PM

It's a delusion. Your knowledge does not in any way affect the likelihood of your winning. A sports specialist and a beginner will show approximately the same results over a long distance. Therefore, in fact, when we place bets, we may not even be interested in what the event is about - we can only evaluate the offered odds.

Disagree with the first part. Knowledge plays the role unless you are betting in an event such as politics, race to the moon, race to the sun, dolphin count, vaccine race, etc.

However, I agree that we can evaluate our bets thru the evaluation of offered odds.

But why should we end up like that and increase the risks if we can focus on the sports we have knowledge of.

Ofcourse. An experienced bettor will likely do better long-term than beginners or inexperienced bettors. Part of what gives the experience bettor edge over a beginner is knowledge on betting right or successfully (using skills/strategies Ofcourse) without just rely on given odds. I believe this can be easily tested and proven.
Knowledge is also important in politics, dolphin count(assuming it is what I think it is), vaccine race.. .
The right knowledge and where to source it matters.

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Quote from: KTChampions on January 11, 2021, 05:08:02 PM

It's a delusion. Your knowledge does not in any way affect the likelihood of your winning. A sports specialist and a beginner will show approximately the same results over a long distance. Therefore, in fact, when we place bets, we may not even be interested in what the event is about - we can only evaluate the offered odds.

Disagree with the first part. Knowledge plays the role unless you are betting in an event such as politics, race to the moon, race to the sun, dolphin count, vaccine race, etc.

However, I agree that we can evaluate our bets thru the evaluation of offered odds.

But why should we end up like that and increase the risks if we can focus on the sports we have knowledge of.

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Quote from: Altryist on January 11, 2021, 01:21:52 PM

You cannot place bets on events in which you do not understand anything, with a high degree of probability the bet will be lost. As for the odds, for the game it is best to choose an outcome with a odds close to 2, this will clearly increase your chances of winning at a distance. The game with small odds is initially unprofitable strategy.

It's a delusion. Your knowledge does not in any way affect the likelihood of your winning. A sports specialist and a beginner will show approximately the same results over a long distance. Therefore, in fact, when we place bets, we may not even be interested in what the event is about - we can only evaluate the offered odds.

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Quote from: Altryist on January 11, 2021, 01:21:52 PM

Quote from: Mahanton on January 10, 2021, 05:29:51 PM

Majority will really be relying on odds on just checking out which one is heavily favorite and which one is the least specially if you do make bets on a sports that you dont even know on what it is all about.
Of course where analysis and further knowledge is must because there are lots of instances on where upsets do happen or least favorite do win a certain game which means not all would really
be that precise and also there are low odds which arent really worth for the risk for you take like 1.01 or anything which is lower than 1.2 or 1.1 isnt something that you can really bet on.

You cannot place bets on events in which you do not understand anything, with a high degree of probability the bet will be lost. As for the odds, for the game it is best to choose an outcome with a odds close to 2, this will clearly increase your chances of winning at a distance. The game with small odds is initially unprofitable strategy.

There are people who have won big placing bets on games/events in which they don't know anything. This happens as a result of pure luck, and the same won't take place with every gambler. While choosing odds, one needs to have a better understanding about the statistics of the opposing teams in the last few games. Further if we aren't able to choose the right one, it is good to go with the one that has the lower odds.

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Quote from: Mahanton on January 10, 2021, 05:29:51 PM

Majority will really be relying on odds on just checking out which one is heavily favorite and which one is the least specially if you do make bets on a sports that you dont even know on what it is all about.
Of course where analysis and further knowledge is must because there are lots of instances on where upsets do happen or least favorite do win a certain game which means not all would really
be that precise and also there are low odds which arent really worth for the risk for you take like 1.01 or anything which is lower than 1.2 or 1.1 isnt something that you can really bet on.

You cannot place bets on events in which you do not understand anything, with a high degree of probability the bet will be lost. As for the odds, for the game it is best to choose an outcome with a odds close to 2, this will clearly increase your chances of winning at a distance. The game with small odds is initially unprofitable strategy.

Topic: Do you rely on the odds when placing bets? - page 6. (Read 12695 times)