Don't bet against the public? - page 12.

Hispo

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?
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Sometimes it is also good to bet on the general sentiment people have on teams, when comes to sport betting. To me it does not exist such thing as a "smart" bettor, but rather a bettor who knows their chances and use publicly known information to do their analysis and make money out of it.

Whenever people talk about going for the obvious option, when comes to sport betting I recall someone from this forum who heavily betted in favor or Argentina in the last World Cup, I think Argentina was facing some arab team, anyways, the obvious and favorite option was to bet for Argentina que pocket some money, the guy did so and ended up losing up to two thousand dollars to his back luck.
In the end of the day, it does not matter how smart and how much analysis one does, there is still a component of luck or chance which will determine the result of the match, that is a factor each bettor needs to keep in mind.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

You are quite correct to some extent. We all know that the sport betting market is very broad because it involves different sporting activities, which IMO, football happens to be the biggest. Now, the question should probably be, are we/you to study the betting market or to study the games?, Because IMO, the market might probably comprise of organizers, sponsors and others, but In most cases, the market itself doesn't have any effect on how games are been played.

Take the football for example, it has a very broad market involving sponsorship, partnership, betting and others. Those who wants to get their predictions right don't go about study those broader part of the market, rather, they study the teams and players.

So, what I'm actually trying to say is that those who are involved in the sport are practically the decision makers, i.e, whatever they play determines who wins a bet. And besides, in as much studying these players, forms, prev performance, etc, is very important, it's not Still a 100% guarantee that they will perform well. So, just like others have said, if you are lucky enough, then you get your predictions right.

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You shouldn't care about what others think about a game or a team, your knowledge and analysis should be enough for you to make up your mind and decide which side you want to choose and why. If you think you are not capable enough of concluding yourself, I'm sorry to say this, but sports betting is not your thing, and you should probably either stop gambling or get into gambling games where you don't need to do anything other than deciding your betting amount and pressing a button.

Sports betting is only suitable for people who have a vast knowledge about sports, or one sport in specific that they can use to make their bets. If you are someone who isn't generally interested in sports, you can't be a sports bettor, and those with an interest in sports will always know what they should do in certain situations when it comes to making bets.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?

When we talk about success, it should be viewed as a long-term process. Some of us may not see ourselves betting long-term, which makes it hard for them to relate to this concept. If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

Earning money when you are gambling is way more complicated than that, however it is true that the masses are often on the wrong side of things when it comes to gambling and following them is not really a wise option, the most important thing is to learn to distinguish when the odds given by the casino are favorable enough that you can beat them with your skill, a difficult skill to acquire but one that is mandatory to have any chance of beating the casinos at their own games.

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Quote from: Jaycoinz on October 29, 2024, 03:27:52 PM

Betting against the crowd doesn't really matter because gambling is strictly based on luck, a lot of time times the crowds favorite can actually be traps. Choosing a different option or taking a different direction from others can be Intuitional and you might end up winning. That's why it's good to gamble moderately so you don't become too desperate and emotional about your picks, stake amounts that are within your comfort zone and just enjoy the game. Gambling is all about timing, risks, chance and luck, anything can happen.

This is a point that really must be understood, Gambling or betting it depends on the luck factor and chance,
so, even a team that looks very good in the game will not guarantee to win.

I will also make bets according to what I want, and I am sure, not affected by the audience or anyone.
If the belief I chose didn't lead to victory, then I was still out of luck and I could accept the defeat.

The important thing is to be wise in making bets and using the money you can afford to lose.
Enjoying the match is more important without having to be burdened with the bets made.

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Quote from: usekevin on October 29, 2024, 03:33:47 PM

The game of the gambling was based on the prediction on the particular day,when all the public on one site.You should not betting against the other site of gambling.The gamblers sometimes should listen to the mind set of the game,because the self mindset also made some gamblers to successful person in the gambling by betting.Some gamblers will make the bet against the public opinion and support the certain team in the betting.The gamblers sometimes support the stronger team,but the winner may be the weaker team and this leads to the loss of funds unexpectedly in the game itself.

It depends on how well you know the teams involved. Because you can always bet against the public opinion if you do really feel that the results will be different from what they speculated. Though it is good to read and hear others' opinion but the finality of decision lies on you because it is your money at stake.
Underdog will always happen in any game, but such outcome most of the time is hard to predict as we don't know what kind of performance they will show outside the field or inside the arena.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline.

I do bet on favorites. Most of the time my aim for betting a win- a consistent and steady win no matter how little I'll be satisfied with it. For instance, if I bet $80 on the favourite and win $40, I will be satisfied. Betting on the favourite is playing it safe which I know because you are almost certain that you'll win. At other times too I don't bet on the favourite when I am trying to experiment with how lucky I am.

rachael9385

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?

When we talk about success, it should be viewed as a long-term process. Some of us may not see ourselves betting long-term, which makes it hard for them to relate to this concept. If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

You have a good points on your thread, but what I would emphasize on is that information can help a bettor to know his way and make decisions whether to bet with the public or bet again them.
However, the odds for betting against the public might have a bigger odd than betting with the public. So making your decision will depend on your analysis and probably your suspicions about the players if they have injuries or not, and you also needed to compare the both team's to know if they match each other or not before concluding on how to bet them.

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Quote from: Marykeller on October 29, 2024, 01:02:20 PM

Don't bet against the public depends on the type of game it was, and how your mind accepts the game. However, there are games that you would have; you would go with what your mind tells you, not what the public gave as a result of the bets. Many times, we have seen some games that would have gone as predicted, but before the last whistle, the game turned around to go against what the public had predicted, making many lose their bets because of what they thought the game to be in favor of the strong team, turned around to be in favor of the weak team.

The game of the gambling was based on the prediction on the particular day,when all the public on one site.You should not betting against the other site of gambling.The gamblers sometimes should listen to the mind set of the game,because the self mindset also made some gamblers to successful person in the gambling by betting.Some gamblers will make the bet against the public opinion and support the certain team in the betting.The gamblers sometimes support the stronger team,but the winner may be the weaker team and this leads to the loss of funds unexpectedly in the game itself.

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Betting against the crowd doesn't really matter because gambling is strictly based on luck, a lot of time times the crowds favorite can actually be traps. Choosing a different option or taking a different direction from others can be Intuitional and you might end up winning. That's why it's good to gamble moderately so you don't become too desperate and emotional about your picks, stake amounts that are within your comfort zone and just enjoy the game. Gambling is all about timing, risks, chance and luck, anything can happen.

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Quote from: puloweh555 on October 29, 2024, 02:27:07 PM

Quote from: retreat on October 29, 2024, 01:30:15 AM

Most people may tend to gamble following the public, but there are also those who gamble based on their own beliefs or rely on their luck against the public - and I am that type. Because in my opinion when someone bets it should be based on what they believe, not what other people say. I'm not saying that someone doesn't need to see what the public is betting on, but don't rely too much on it, just make it a reference, and bet based on what we believe, because even if we lose at least we lose with our own analysis and we can use it as a lesson to bet better in the future.

I am also a gambler who bets based on personal analysis without following the flow or following most other people. Because that's where the satisfaction and pleasure in gambling lies, even though we lose we feel satisfied because of the results of our own analysis. But that doesn't mean we deny that many people's analysis is also, it is also a reference for us to hold on to before analyzing the team we want to bet on.

In essence, gambling is for fun, especially if we bet on a match that we like or a favorite team, of course if we analyze it ourselves, the results, whether winning or losing, we feel satisfied with what we get. So we have to be sure of our own analysis, because in my opinion gambling is not only about luck but also must have a strategy and must think so that we get satisfaction in gambling.

Basically, every gambler has their own satisfaction and as a true gambler, they will definitely prefer to bet on their own analysis results compared to what the public chooses.
There may be some gamblers who usually bet on their own analysis but sometimes also try something that the public does on the grounds of wanting to try something new. But all of that is still with the aim of getting satisfaction.
Some gamblers may make long-term bets by understanding whatever is needed to make a profit, but personally, as a gambler, I only bet on my own analysis to have fun and try my luck.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?

When we talk about success, it should be viewed as a long-term process. Some of us may not see ourselves betting long-term, which makes it hard for them to relate to this concept. If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

It's a bit of a dilemma really and the more common wording of this is "don't bet against the crowd". Every single sports bet out there being offered will generally have at least two outcomes and one of those outcomes is bound to bring a lower return because it is most expected to win. You can have to a 50/50 split but the bookmaker will always be taking a little cut out of that as well. If you were to believe that bookmakers are quite good at their job and their vast profits are a signal they do it well, then really you should always bet with the crowd who will generally be going for the safer bets. This is often quoted in relation to the stock market where you might have more insight or thoughts on the future, but is less relevant in the sports betting markets.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?

When we talk about success, it should be viewed as a long-term process. Some of us may not see ourselves betting long-term, which makes it hard for them to relate to this concept. If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

I analyze my bets but if I just want to have it placed, I'll do the necessary and what I just do and think of it is to bet whatever I want to. It's true that we have to analyze and seek ways to succeed with our bets. But it's hard to knock on those wins even if you do so, luck is still needed with sports betting, trust me that even you're the best analyzer of games before you place sports bet, you'll still have a lot of losses to make. Betting against the public is what I do sometimes when I think the odds are quite good, it's not something that everyone should at most times but you have to take on that gamble when you have to.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

Winning or losing in sports betting or gambling depends on luck. No matter how good a gambler's analysis, he can never beat luck. That's why you have to wait for luck in every bet. Rather, I can say that those who take up gambling as fun have the opportunity to analyze accurately without any pressure which is not possible for other gamblers. If good analysis resulted in gambling, then analysis would be more important than luck. A gambler needs to rely on luck along with good analysis otherwise gambling is unlikely to be successful. In many cases, a gambler is told that the more study he is in gambling, the more likely he is to lose.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?

When we talk about success, it should be viewed as a long-term process. Some of us may not see ourselves betting long-term, which makes it hard for them to relate to this concept. If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

Since gamble is a game of luck i don't think betting same option with the public really makes any difference besides, the option you picked could be the wrong one. Based on your prediction if you arrive at any option that should be your pick, if doesn't really matter if its a popular option or not. However I've experienced gamblers making huge win from making their bets off public popular options. I believe irrespective of the option, if luck is on your side then you'll definitely win the bet, provided you also made some good picks. Though even the unexpected happens.

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Quote from: retreat on October 29, 2024, 01:30:15 AM

Most people may tend to gamble following the public, but there are also those who gamble based on their own beliefs or rely on their luck against the public - and I am that type. Because in my opinion when someone bets it should be based on what they believe, not what other people say. I'm not saying that someone doesn't need to see what the public is betting on, but don't rely too much on it, just make it a reference, and bet based on what we believe, because even if we lose at least we lose with our own analysis and we can use it as a lesson to bet better in the future.

I am also a gambler who bets based on personal analysis without following the flow or following most other people. Because that's where the satisfaction and pleasure in gambling lies, even though we lose we feel satisfied because of the results of our own analysis. But that doesn't mean we deny that many people's analysis is also, it is also a reference for us to hold on to before analyzing the team we want to bet on.

In essence, gambling is for fun, especially if we bet on a match that we like or a favorite team, of course if we analyze it ourselves, the results, whether winning or losing, we feel satisfied with what we get. So we have to be sure of our own analysis, because in my opinion gambling is not only about luck but also must have a strategy and must think so that we get satisfaction in gambling.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?

When we talk about success, it should be viewed as a long-term process. Some of us may not see ourselves betting long-term, which makes it hard for them to relate to this concept. If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

Betting against the public or simply trying out to bet into those underdogs isnt really that effective all the time. Yes, there are really that indeed games on which it ends up on upset but we do know that there's no way that you could precisely be able to tell on which games will really be ending up on this kind outcome. This is why its called gambling in the first place because you do risks up something for you to be able to obtain something on which its really that involving up such risks on which you will really be needing to search up or choose on which one is a viable option for you to take. It will really be that up to you on how you would gonna do it and its up to you on how you would be making out some research into specific information on which it will really be that relevant into your bet.

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I believe it still depends on how you approach betting because you could have different strategies and risk management skills and be successful with both of them. Just because you are going against the public doesn’t mean that they would win. It could be an upset, and that may be the underdog story in your particular sport or something.

As long as you do risk management, I believe you can make sure that you will be in a positive run in the long term.

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Quote from: Ziskinberg on October 28, 2024, 10:28:05 PM

The public here mainly consists of bettors who tend to bet on the favorites, whether it’s point spread or moneyline. Most suggestions we see online emphasize that to be considered a smart bettor, you should bet against the public. But what if we don’t bet against ourselves? Can we still find success in sports betting?

When we talk about success, it should be viewed as a long-term process. Some of us may not see ourselves betting long-term, which makes it hard for them to relate to this concept. If someone is just betting for fun, they likely won’t be well-versed in the terminology of sports betting, as their interest is quite limited. In contrast, those who genuinely want to win will study the sports betting market and seek ways to succeed, even if the chances are slim.

Many times you can win from sports betting because many matches can be predicted for sure but no one can guarantee the win of any match because sometimes some unbelievable things happen. Like recently a match in La Liga where Real Madrid lost the match with Barcelona by 0-4 goals. It was an absolutely incredible match. So here everyone who bet on Real Madrid lost their bet. So no one can guarantee their regular winning in any sector of gambling. so for gambling you have to accept such risk and bet.

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Quote from: Odohu on October 29, 2024, 01:03:54 PM

I will defer on this a little because if the public is always right then many casinos would have folded. There have been several instances where the public bet on a match and it goes the other way. I still remember when the whole world bet Liverpool to win Nottingham Forest at Anfield but we it turned out that the opposite happened which means that the public is not always right.

Yeah and that's the very reason why we are in gambling right? There's no assurance that heavy favorite will always win the game and just same with your opinion if so, then casino will be ruined as bettors will continue to win and that's impossible to happen, the business was made to generate profits and not to a milking cow for the gamblers, there are always a big risk and the bigger you take the better odds that you'll be making.

Underdog always have that chance to upset and to adds up to the twist there's also a possibility of manipulation that may give the underdog a huge a advantage to win.

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