Topic: Does possessing information play an important role in betting ? (Read 668 times)

It depends on the kind of betting. If you’re talking about sports betting, then yes because you can blindly select predictions, you need to use statistical data to predict what will happen in the future. It’s the same way people do cryptocurrency trading. And the same way forecasts are created. Actually, it is the way that the odds of a game is calculated.

I don't think that would be appropriate to say that, because not all information is certain in many cases. You should have verification of that particular information that came from someone else, most ideas came from speculations which definitely gathers attention just to influence others gamblers.
Some gambling sites, paid promotional ads in order to gain potential players who's their prospected customers. Percentage of profit in winning all depends the real time results, precisely there no fixed and accurate method of doing it.

yes @op information they said is power and if you are not informed , then you are deformed, practically everything we do life requires a good information for us to scale through, because it acts as a hint for someone to be equipped with the latest happening. but gambling for has alot to do with so many information because there are varieties of things to be acquainted with before someone will engage in gambling. it is very nice to know the current form, winning, injury, and health standard of the players in sports betting before someone can stake bets.

information plays pivotal roles in our private lives because it acts as guide to our next line of actions but in gambling information matters a lot but luck is more needed because even when you don't know much about gambling luck can also shine on you. However, in everything we do we need information, but luck is also paramount when it comes to gambling because it emphatically entails that we cant depend only on information for us to succeed in gambling.

Information is an important thing for every bettor. The more information people can keep, the more they can stay ahead of gambling results. However, we do not make any guarantees regarding gambling results. But when a sports bettor gets to know which players are staying in that game or who are not staying, who is injured, etc., I think it is more important for a bettor. I was watching a country play in cricket in sports betting where two of the best players I thought were supposed to play were absent, I would never have bet on that match if I had known they wouldn't play. I lost that match. This is a common occurrence. Information is definitely an important factor for sports bettors. In sports betting only depending on luck is foolish.

This is just common sense, for example in poker there is software that allows you to record the cards and results from the opponents on your table, this is then stored and the software gives you an analysis about their playing style and specific ways to take advantage of those tendencies, and this is not even new or anything, since that kind of software is allowed by casinos and it has existed for a long time, so anyone that has access to it and can use it fully can obtain a massive advantage over their opponents.

In sports gambling yea. I don't dive too deep into it, I just try to find out which teams were the best performing during the qualifiers, which team best performed during the past tournament, and stuff like that. I also check out any related scandals and issues, mostly because of my interest in it but sometimes it can help in trying to identify what the mentality of the player is.

Outside of sports gambling e.g. poker, blackjack, crash, and stuff like that, I mostly just turn off my brain and have fun playing lol. There might be times when I "find" a pattern, but I don't necessarily bring it to heart and follow it to the T all the time.

Information is something very important in sports betting, whoever can obtain high quality information can do a better analysis of the teams during the games and this can allow the person to obtain better results, to get an idea of what I'm talking about, in these days I placed my bets as I always have done, it turns out that I bet on team of the team that I bet on would win, decided to rotate the players precisely in today's game, as I had made a multibet bet, so there was no way to obtain important information such as which players will play in today's game

and that has been the disadvantage of mutiber bets, because we are left placing bets without knowing who will play on the field in the first minutes of the game, which is why in my opinion simple bets are made after the list of all players has been published. who will play and mainly from the starting eleven, there is a greater chance that the person will be able to get a bet right, while the person who has not seen the list of the starting eleven is left making assumptions about which players will be the ones who will play and based on that they make bets and make mistakes, the More patient players who value information a lot don't make these mistakes, and that's why I usually say that multiber bets are the type of bets where people rely on luck, because people bet on the game even before seeing which players will play

That's true but the point in sports betting is to find odds that give you value for your money. The problem is that I doubt in the more popular sports that a gambler really has an information advantage over the bookmakers. This could be the case for niche sports, but the huge bookmakers certainly have analytics in place that understand quite well how to incorporate particular circumstances in a sports team into the odds calculation.

I can't talk about too many sports as only the big sports are my favorite, but perhaps someone is following a nice sport knows whether information pays off more than it does in the NBA or football or soccer. Injuries are publicly known and scandals as well, but it's not very often that I fins odds where I think the bookmaker is totally off. It does happen, but not too frequently.

having a piece of information before the match starts sounds like a fixed match. but it's often the case in some sports in which the working organization is just there to make money out of the matches.

i think this is also true. it's just that the clue is hard to figure out unless someone already feed it to the gambler. the Ngannou vs AJ fight is somewhat predictable but because of the previous fight of Ngannou, many bettors tried to root for him. but in a pragmatic view, AJ makes sense and Fury vs Ngannou was just a promotion of Ngannou as an introduction to boxing.

Let's not make this too technical.

Of course, as a gambler, before engaging in gambling, you should at least know what the hell are you doing in the gambling world in the first place and how you can deal with the risk here. Anyways, I'm referring to gambling in general. You won't enter here and risk your money without having any information, right?

Anyway, I read comments about sports betting. Referring to that, having information plays a vital role in doing a good analysis. Although the match result is still unpredictable at the end, will you risk betting on something that you didn't know why you placed a bet on? That's a suicide bet. If you will behave like that in sports betting and just rely purely on random luck guessing, better switch careers.

Gambling information is effective in terms of limitations, when to start and stop. Sport betting seem to have a truck load of information available for everyone to read, yet a lot lose out in the game. Whatever we read on news blog about a match, only builds the information rate on the game, but can't help in knowing who wins or not. Games can't be predicted, unless one is opportune to work alongside coaches or top managers. Where I think the fixed games sold to gamblers are derived.

Some get the real and genuine predictions, and others don't. Hence, even with the help of the inner players, the game can change while in the pitch. Reading up on the importance of gambling strategies save up money for a gambler. Thereby, creating available for fresh wins, in future or presently. Depending on the playing strategy of the gambler, and how much he wagers.

I think the OP is referring to sport gambling strategy for instance in soccer betting it is very important to acquire and posses a prior  knowledge about a particular team they are placing their bet on, how strong the team is and how often they score goals, information on their opponent if they are weak team that concede many goals etc these are some vital information that would aid a gambler placing their bets thus having a brighter chances of winning their bets, however I don't know much about Casinos gambling thus I not sure whether there is the need to get necessary information with regards to that type of gambling and it strategy.

I say that sports betting is like you are combining skill with luck, I understand that insight, skill and information play an important role in this type of betting, but at the end of the day luck is always involved to ensure that the win really happens at the end of the session. One of the reasons why I say that it is a combination of skill and luck is because there is no denying that there are always events that are completely unexpected, such as when you bet your favorite team or any team that you believe in, and you put your faith in that team because you have previously obtained information that it is likely that the team you choose will win at the end of the match.

But sometimes your belief will not always go smoothly as expected, it cannot be denied that unexpected events are still very likely to occur, such as for example the team you bet on has a red card on one of its players due to any mistakes that ultimately have an impact on losing the balance in the power of play that allows the enemy to more easily defeat the team you bet on, and isn't this an event that was never expected before? And also isn't it lucky if the match session goes smoothly which makes you really able to benefit from the victory of the team you bet on? Yes, this is what I mean because I have experienced this kind of thing in the past when I was still quite active in gambling on sports betting. Yes, making money in sports gambling is not impossible if you have the knowledge and experience along with the skills, but my only advice is not to focus too much and make this your side income, because the reason is as I said above.

Maybe he is referring to acquisition of information in a specific field like gambling but I see it more of a skill rather than a strategy unfortunately gambling is based on luck though we can rely on gathering informations with sportsbetting to get a higher chances of winning but still it depends on a lot of factor and one of them is luck.

I don't think there's a good strategy in casino games. All are relying upon the system and it's mostly luck-based.

When it comes to sports betting though, that might come in effect.
There are people who would share false information just to increase the odds of their preferred team or player. Balancing. Most favorites have a high chance of winning so the profits are low but what if there are more gamblers who are betting for the underdog by spreading false information that he might win that fight? Well, that will change the odds for a bit because the system will try to stabilize it.

I don't do this though and even if I do, I don't think I can pull enough gamblers to move the odds. This is only for those who have influence in the gambling market and have so many followers who would always follow his lead. It's wrong but gamblers are greedy and they will do anything if they see profit in it.

I don’t think you really need to be among the staff, players or coaching team to be able to know or try to correctly predict the outcome of a game.
With the right and adequate information being placed in the right hands, the outcome could be predicted and quite correctly too. But sometimes in football, even with the right information and conditions, the outcome could come out not like the way it was predicted or planned but it also doesn’t negate the effectiveness of having the right and adequate information.

Having all the necessary information on the two clubs that are playing against each other is very important for one to be able to analyze the match. It will give the gambler a proper information on the right club that he will bet, so that he can win his bet. However, this is not a guarantee that knowing all the necessary information will make you win, it will only help you not to bet blindly.

Gambling is more of luck than informations and analyzing, because you will take your time to gather all the information you need, but after the match, you will still lose. This is because you are predicting the future, and the outcome might be affected by some natural and unforseen circumstances during the match. This is why football is full of surprises, you will see a very weak club winning a strong club, and there is nothing anyone can do to change it.

When you do make some sports betting then it would really be just that normal that you would really be needing up to have that analysis or research with information so that you would really be able to make yourself having that kind of advantage rather than on making yourself that making up some bets without any basis or analysis then you are really just that simply that having that huge losing chance.

It would really be that significant that you would really be needing up to apply analysis because this is also one of the ways that you could really be able to enjoy yourself on doing gambling.
You cant really be that able to take advantage of your knowledge on which you would really be having that kind of approach on which you would be needing to apply.
Information means everything but since we are dealing up with gambling then it cant really be avoided that no matter how well you do make out bets but still
if you are unlucky then you are prone to loses still.

Your thread talk about the importance of possessing information in gambling but your topic is something different. I suggest you change the topic to importance of possessing information instead of making it look like a question.

At first, I find it hard to understand the message you are trying to pass but I assume you are talking about knowing the rules of the game. If my assumption is correct, then, this is not a gambling strategy but a very necessary step for every gambler unless you want to gamble blindly. No gambler play games without obtaining information as regarding that particular game such as odds, team news, line up and head to head in the case of sport betting. The benefit is that it actually helps to reduce the risk of making bad choices.


What do you mean by confidentiality of information? This information is readily available for anyone interested in having them unless you are talking about fix match. If it's about fix match, I'm sorry to say but you might just be wasting your time and end up losing your money.

Please, make your post understandable as much as possible so you can get the appropriate engagement. Majority of comments here prove how complicated this post is. No offense!

Having a lot information is better than gamble randomly without any information, but both of them doesn't influence the results as long as you're not the player, not the coach, or anyone who contribute to the player/team.

If you're one of staff or management of the player/team, you can know the outcome, let's say you give a bottle that contains sleep medicine to the player, so you're know your player will going to sleep and can't fight as good as usual.