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Topic: Does possessing information play an important role in betting ? - page 3. (Read 668 times)

legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
I think yes, of course it does.

When you are familiar with a league you know which teams can deliver reliable results so it's possible to spot when a team has good odds for one of its matches.
Sadly for most people that's only possible to do with really popular sports so the odds are already in place by the large participation. On other sports where results are more uncertain for the vast majority of people on a sportsbook it would be easier to make more educated decisions against the majority. But also it's worth keeping in mind that the bookie raises a house edge on sports bets as well. Otherwise matches on 1x2 for sports like basketball where there are no ties would be 2.0 odds for one team winning or 2.0 for the other, but it's never like that.
hero member
Activity: 770
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Leading Crypto Sports Betting & Casino Platform
Do you bet on slot games? In there, I don't think there is really any information you need in order to become successful because you will always win based on luck. If it's not a lucky time to win, you will end up losing your money. 

The only gambling type in which I feel some gamblers can take advantage of early information is during sports games, where they can get insider information regarding the club that is expected to win. Apart from that, there is no serious information on how to cheat a casino and become a successful gambler; you will always lose and also win like every other gambler. 
hero member
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Hi,


Information plays a major role in anything we do in our daily lives: work, study, investment, and undertaking projects in general, and possessing it is a useful strategy if we exploit it well.

In some fields, possessing information is considered more important than anything else, and obtaining it is difficult. Its importance is highlighted in the ability of the owner of the information to manipulate it as he wants and use it at the appropriate time and in the appropriate place for personal or public benefit.

In gambling, for example, we find that one of the strategies of a successful gambler is to always strive to obtain every piece of information that he can benefit from in order to use it to his advantage against other players or the casino, and his plan of action lies in:

-Obtaining information and analyzing it to ensure its validity before using it to avoid falling into the trap of fallacy.
-Ensuring the confidentiality of information, as the gambler must make sure that he is the only one who possesses the correct information and falsify it in order to deceive others.
-Use them at the right time to control the game and betting.

Possessing the correct information in the world of gambling is an advanced and useful step, as it makes the player play more comfortably without pressure from other players, which can change the course of the game at any time, increase the percentage of chances of profit, and reduce the percentage of losses on the other hand.

-Do you apply  this strategy while gambling?
-How do you benefit from it ?


First off, DUH.

Of course having information about the game you play among other more important things are essential to gather the slightest bits of advantages when you make bets. Imagine placing bets and/or gambling without having the slightest clue about the game you're trying to make a bet on. Not only are you sure to lose, you're also prone to getting duped as you don't even know the rules to the game which other players may take advantage of, and of course it's not that fulfilling not knowing shit about why you lost or whatever.

It's not even a strategy per se to research or gain extensive knowledge about the game you're trying to play before actually playing it. It's just part of the process for you to not get slammed by fate or people who would take advantage of your ignorance. It's that basic, it's that important. You don't just think of it as a strategy, you think of it as a postulate you must always do when you make bets regardless if you play for fun or you play to earn the prizes. Cause either way you're going to lose and it's much better knowing why you lost and how you lost than not knowing shit and letting your skepticism get the better of you. Again, don't think of gathering every bit of information you can as a simple strategy. It's not. It's a literal necessity.
legendary
Activity: 2716
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If not based on information, upon what would you even place a bet then? Isn't the whole point in sports betting that you base your decisions on information that you think is sufficiently supportive of your picks?
-snip-
Yes, it makes sense, because some of the information needed will make some analysis that a club or a player will play well or not.
Such as internal conflict information or information on some injured players.

Some of this information is very important and will affect the course of the match.
The club or the best players can even make mistakes because there are several obstacles that make everything look chaotic.

The more information you get, it will be a reference to analyze who will win and be able to guess how your match went.
A sports analyst will crunch all the available information to find it all out.
sr. member
Activity: 1260
Merit: 315
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Hi,

-Do you apply  this strategy while gambling?
-How do you benefit from it ?

There is no strategy that you have stated or maybe I simply don't understand what you said. But, having the necessary information is not a strategy you can use. It is part of the process for you to come up with the right strategy you can use once you obtain that specific information. There is no such strategy where you use the information, or else you are about having the information of what would be the result of the bet which is basically cheating.
hero member
Activity: 1890
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If not based on information, upon what would you even place a bet then? Isn't the whole point in sports betting that you base your decisions on information that you think is sufficiently supportive of your picks?

If you don't bet on information that you gather, why don't you just roll the dice? No information needs to be obtained and it certainly makes sense to just roll the dice instead of betting on sports events that you have no idea about.
hero member
Activity: 644
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Leading Crypto Sports Betting & Casino Platform
Having good information on hand is quite an advantage as a gambler. However, no matter how reliable those information are, there won’t still any guarantee that you will end up winning the game. Gambling is still a very unpredictable game and no one knows how it will end. Bonus if you have luck on one side and even a little knowledge on the other side, that will definitely increase your chances of profiting from gambling.

Possessing good information is vital in all life’s aspects. But once it applies to gambling, knowing the house is always has the biggest edge over its players, then the probability rate to win is still slim. You could still end up losing your funds regardless of the amount of knowledge you have.
Knowledge is power and with it, one can easily spot out differences of earning and losing phase in gambling system. Information is everything in the system, we can never be so tight when it comes to profits from gambling, rather we should be open and earn our massive profits. Been vital in the system, there's couple of goals to be accomplished and we just have to stay positive in the system. Gambling can only beneficial to us that have capacited good means of gambling, not relenting until my targets are achieved in the system.
Hmm, not relenting huh? Well I like to think that for some folks to relent is definitely an option. The reason why I say this is because I have seen some gamblers that put their life dedication into hoping that they would actually get that magic win that would count as that one big chance they have been waiting for and yet that win never comes as some of these gamblers due to this act get addicted and stuck to playing it.
hero member
Activity: 714
Merit: 508
Indeed having information especially having the right information helps in good gambling. There are some games that doesnt depend on luck but having a good source of information so that you will know when to implement your actions. Slots and other casino games are good example. There are times that you have to analyse opponents strength and weakness so you need make research. Any wrong information may lead to loss of bet that is why you need to be certain while you are evaluating it.
Don't evaluate but focused on the big jobs of earning from the system. The losses made in the system are from our mistakes, but the rights will continue to dominate other than watching ourselves melt and succumbed to losses. Working with legit and important information with help one to become updated with the system and know when to plot out good entries on the system. I've watch and learn the hardware of milking the system, and all I could say is, we should be having our very best performance and ensure to enchanced our abilities.
full member
Activity: 350
Merit: 157
Indeed having information especially having the right information helps in good gambling. There are some games that doesnt depend on luck but having a good source of information so that you will know when to implement your actions. Slots and other casino games are good example. There are times that you have to analyse opponents strength and weakness so you need make research. Any wrong information may lead to loss of bet that is why you need to be certain while you are evaluating it.
legendary
Activity: 2296
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It does, that's obvious, right? A good example of this is the well known horse racing, which greatly relies on the state the shape animals are in .
If you have insider information, for instanced from the doctors who check health of these horses, you can have advantage, because you'll know that a horse had worse test results than last time which means its  weaker and will most likely get worse times. Another example is poker If you know that someone has bad cards because that player is sweating or nervously doing something, like scratching or touching, you will have the advantage.
sr. member
Activity: 1106
Merit: 398
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When making betting decisions, of course we don't just make decisions without considering other indicators such as the condition of the team we support, the weather during the match and other factors. And even though there is a luck factor in betting, it would be very stupid if we only relied on luck, placed bets carelessly, irrationally and left the final result to luck, just assuming without looking for information and carrying out a more in-depth analysis of the matter. the.

However, we also have to remember that what we are doing, namely looking for complete information and analyzing further regarding the sports competition we are taking part in, is not a guarantee of winning in every betting session we place, we are doing this solely as an effort. just to increase the possibilities. And it would be wrong too, if we eliminated the luck factor in the victory we achieved.
legendary
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Quote
Possessing the correct information in the world of gambling is an advanced and useful step, as it makes the player play more comfortably without pressure from other players, which can change the course of the game at any time, increase the percentage of chances of profit, and reduce the percentage of losses on the other hand.

I am somehow baffled how could other players pressure another player when they are playing individually, like for example a casino slots game, crash games or dice games.  Or even with sports betting.  As far as I know, an individual player does not have any betting interaction with other players unless they are playing a PVP type of gambling game.

Quote
-Do you apply  this strategy while gambling?

Information is very essential especially when we are into sports betting.  Knowing the current performance of every player of the team, their weakness, the strategy the coach usually use or the competing person's strength helps a lot in determining which one is able to win the match.  To have a better chance of predicting the odds, it is needed to verify all the incoming information, we all know the internet has lots of lies and trickery so we are best to verify the validity of the information we had researched.

Quote
-How do you benefit from it ?

It is simple, one can benefit is the larger possibility of predicting the correct outcome of the matches.  In terms of the game of chance, I do not think there is much difference because we all know that in a game of chance, the result is dependent on the RNG and is independent from any strategies and information one receives.
sr. member
Activity: 2422
Merit: 357
I believe OP is talking about sports betting. This is the type of gambling where luck comes second and analysis comes first. You’re bound to do research on the teams you’re betting on and against. This will help you in your predictions. Like every other gamble, nothing is guaranteed. Even with your spot on analysis, you still need luck. One injury in the game or a player being sent off can upset the entire play and cause your team to lose. However, it is better to be prepared than not be.
This is where you have to analyze so you can win the prize, and not just depend on any luck.
Having the right knowledge of course offers a good advantage for you when it comes to sports betting and you have to wear it always so you can have a profitable bet. This strategy will work and this could be your best weapon against the house, if you are able to create a good strategy use it and update it from time to time.
full member
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Having good information on hand is quite an advantage as a gambler. However, no matter how reliable those information are, there won’t still any guarantee that you will end up winning the game. Gambling is still a very unpredictable game and no one knows how it will end. Bonus if you have luck on one side and even a little knowledge on the other side, that will definitely increase your chances of profiting from gambling.

Possessing good information is vital in all life’s aspects. But once it applies to gambling, knowing the house is always has the biggest edge over its players, then the probability rate to win is still slim. You could still end up losing your funds regardless of the amount of knowledge you have.
Knowledge is power and with it, one can easily spot out differences of earning and losing phase in gambling system. Information is everything in the system, we can never be so tight when it comes to profits from gambling, rather we should be open and earn our massive profits. Been vital in the system, there's couple of goals to be accomplished and we just have to stay positive in the system. Gambling can only beneficial to us that have capacited good means of gambling, not relenting until my targets are achieved in the system.
hero member
Activity: 966
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Leading Crypto Sports Betting & Casino Platform
I believe OP is talking about sports betting. This is the type of gambling where luck comes second and analysis comes first. You’re bound to do research on the teams you’re betting on and against. This will help you in your predictions. Like every other gamble, nothing is guaranteed. Even with your spot on analysis, you still need luck. One injury in the game or a player being sent off can upset the entire play and cause your team to lose. However, it is better to be prepared than not be.
legendary
Activity: 3108
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Leading Crypto Sports Betting & Casino Platform
You have to be specific with what type of gambling you are talking here... I pressume that it's sports betting, right?

Possessing information is a must but it does not guarantee that you'll win with the information you have. it's still vital on how you'll analyze that information so you can use it to help your chances increase. Information nowadays is easy to find, especially on major leagues, it's all over the internet, but then again, it will all boil down on how good we are in analying that information we derived.
Having good information on hand is quite an advantage as a gambler. However, no matter how reliable those information are, there won’t still any guarantee that you will end up winning the game. Gambling is still a very unpredictable game and no one knows how it will end. Bonus if you have luck on one side and even a little knowledge on the other side, that will definitely increase your chances of profiting from gambling.

Possessing good information is vital in all life’s aspects. But once it applies to gambling, knowing the house is always has the biggest edge over its players, then the probability rate to win is still slim. You could still end up losing your funds regardless of the amount of knowledge you have.
hero member
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Yes information do but that's in the are of current form and the line up for such match, if you know the history of a club and the head to head between them and the team they are going to face you can actually use it to predict the game, and also if you know the lineup of a particular game it possible for you to bet the game and win but what I don't know if they do expose the lineup of a match before it starts, information plays it's own role in winning a bet, but knowing the best selection helps a good gambler to win, gambling is not done without being conversant with the team.
Especially in sport bets, we need to process information and ask questions before we decide to do what is going to help us to get to where we could be satisfied that the information we have at hand would be sufficient for us to make money and be okey to do some certain things that would keep hi ing us money.
Gambling is very interesting when we have the right information at hand that would help or facilitate our winnings without much consideration. We need to check past matches and the opposition club to see there performance before we decide to go in and chose them that will give us a good profits if we bet on them. It is important for us to keep researching on how to go about our bets to make profits with less stress.
sr. member
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Information overload is a real problem.  There's a constant stream of stats, news, and analysis.  Sifting through it all to find valuable insights takes time and dedication.  You could spend hours researching, and there's no guarantee you'll uncover the hidden gem that guarantees a win.

Even with all the knowledge in the world, sports are inherently unpredictable.  Injuries, bad calls, or a player just having an off day can throw a wrench into the best-laid plans.  Remember that underdog team that beat the odds?  Yeah, that unpredictability is what makes sports exciting, but it's also a gambler's ultimate nemesis.

Knowing how much to bet is just as crucial as knowing about the teams.  Setting limits and sticking to them is key to responsible gambling.  Losing is part of the game, and going all-in can lead to financial ruin faster than you can say "instant replay."
legendary
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Leading Crypto Sports Betting & Casino Platform
The possession of important information in a gambling game, this sounds like the game is already rigged and that only a few know that and if it is or is like that, obviously the people will have a huge advantage and will always win. , but based on cheating, I agree that in sports there is still a lot of corruption, I have seen it recently, but I am not sure if it is corruption or not, if it is intended for important information of others, but what I have seen lately in football with certain games, like in the League, the time when Real Madrid scored a goal in the last minute and it was disallowed because the referee whistled, well that seems very strange to me and it looked very bad, in reality this is something that makes us To think that something could or could have happened there, besides the trip to Bellingham, that's something else, okay, he said something rude, but come on, everyone says rude things, those of us who play soccer know that we don't say a lot of them, and As fans in an important game we are even more so.

So if it is important and has a lot of monetary value to have privileged information in sports, because that is how you make a lot of money, by cheating but you win, and ethics in referees as well as in other things has been lost, unfortunately it is still like that.
sr. member
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PredX - AI-Powered Prediction Market
It's not just blind luck.  Information is king in this game.  The more you know about the teams, the players, even the weather conditions, the better equipped you are to make informed bets.  It's a constant battle for insights, an analytical chess match against the odds.

Information alone isn't a guaranteed ticket to victory.  Even with a treasure trove of data, there's always an element of chance.  An unexpected injury, a bad call by the ref, a player having an off day – these can all throw a wrench into the best-laid plans.

So, is information enough to overcome luck entirely?  No.  But it's a powerful weapon in your arsenal.  Think of it like this having the right intel gives you a significant advantage in a game of chance. You can't control the outcome, but you can definitely stack the odds in your favor.
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