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Topic: Don't bet against the public? - page 19. (Read 3723 times)

sr. member
Activity: 1260
Merit: 429
October 29, 2024, 01:30:15 AM
#10
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.
sr. member
Activity: 546
Merit: 265
October 29, 2024, 01:25:13 AM
#9
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.
Irrespective of gambling responsibly and gambling of it own is a game of luck, neither in short term or a long term gambling can help us develop a successful strategy that would give us constant winning.
It would always be seated on lucky base as long as it is a sport bets as mentioned.

So I think it is commendable of the short term bettors if they are seem as less interest bettors in the house edge because the more we thrive on highily expectations is the more we could loose.
So it is better we expect less and loose lesser than expecting more and stands chances of loosing more too.
sr. member
Activity: 2618
Merit: 439
October 29, 2024, 01:18:37 AM
#8
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?
Even though I do take the public’s opinion into consideration, I don’t make it to be a deciding factor. I still look at how the teams are performing and who I think are most likely to win based on current state and historical records. Some drama outside of the match may also affect like maybe the team is undergoing managerial changes or some players are leaving.

If there is a popular choice, you need to consider why that may be and whether it is true. Sometimes the popular choice is indeed the right one. It’s popular for a reason so it is up to you to know why and decide whether it’s valid and justified
sr. member
Activity: 630
Merit: 352
October 29, 2024, 01:09:17 AM
#7
Personally I don't like to follow the crowd, I'd first of all critically consider whether it'll be favorable to me to do so. Ofcourse popular opinion is important in a match, when you consider the players and teams, especially if it's a strong team against a less stronger team, then guessing the winning team won't be so hard. But in all we can't underestimate the luck factor that can turn the table around, that is why it's called gambling. I gamble more for the thrill of it, not necessarily for long term goals of making money from it and that is why I use the amount that I can afford to loose.
hero member
Activity: 2618
Merit: 612
October 29, 2024, 01:06:49 AM
#6
The idea of betting against the public often comes from the notion that the public tends to favor obvious choices, which can lead to skewed odds. However, success in sports betting doesn't strictly depend on going against the grain.

Long-term success requires a comprehensive understanding of the sport, the betting market, and a disciplined strategy. It's not just about betting against the public but making informed decisions based on thorough research and analysis. Whether you're betting for fun or aiming for profit, consistency and knowledge are key.
hero member
Activity: 3164
Merit: 611
BTC to the MOON in 2019
October 29, 2024, 12:56:35 AM
#5
It's a very popular saying in the sports betting community, but the real question is: have we actually proven that it's profitable? If not, then we should stick with our betting strategy. So what if we're always siding with the public? As long as we’re having fun and not losing a lot, I think that's fine.

Let’s be hones - while there are plenty of strategies out there that claim to help us be profitable, they’re useless if we haven’t proven them to ourselves.
hero member
Activity: 1792
Merit: 728
October 29, 2024, 12:35:15 AM
#4
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?

I think the smart approach to picking a team is not to look at which team the public is most likely to pick but rather at which team is statistically more likely to win and it doesn't always have to be your favorite team, I have a team that I always favor in every league that is running but that doesn't mean I will continue to bet on them when they are faced with a team or player that is statistically more likely to win.

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.

If we talk about success then yes of course everyone will think that it will only happen after you go through various long-term processes but I think it will only be appropriate when we talk about other activities outside of gambling because after all gambling will still be an activity that leads to one of two possibilities, namely winning or losing, or what I mean is even though you feel that you have become a professional gambler but it does not mean that you will never experience defeat, meaning maybe I can also say that there is no word professional or successful in gambling because after all in gambling previous wins cannot be used as a guarantee that in the future you will win again even though you apply the same strategy.

On the other hand, gambling with the intention of having fun does not mean that they have limited interests, but because they know that gambling is not something that should be done too seriously considering the risk of defeat will always be part of the game and also considering that there are already quite a lot of people who have suffered a lot of setbacks.
sr. member
Activity: 560
Merit: 377
Let love lead
October 28, 2024, 11:37:56 PM
#3
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.
It depends on what you refer to as long-term, if it's gambling for longer duration (2 years or more inconsistently skipping days as your schedules demands) cumulatively, then I'm going to see things through your lens. If you're speaking of gambling for longer hours than normal or gambling consecutively for days, weeks, months or thereabouts, then I'll reject your concept because after such time of involvement. You'll end up measuring your wasted time and opportunities, wasted finances and possible addiction struggles.

Quote
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 for fun doesn't really mean lack of interest, it's mostly a behavior pattern to employ in gambling to prevent unnecessary emotional outbursts that leads to gambling addiction and limiting your staking power to your spare funds only and not involving more than you can afford to lose in gambling. No matter how much you study the sports, you would still lose if it's your fate. Even experienced gamblers suffers great loss still, so let's continue betting for fun
legendary
Activity: 2562
Merit: 1399
October 28, 2024, 10:51:36 PM
#2
For me, it still depends. Success or winnings will not rely on betting against the public or going with them together.

Especially if you are in sports betting, some are using analytics to decide which team or player to bet on even if it's a crowd favorite, sometimes situational betting is good for this because it involves some conditions that may make crowd favorites more likely to cover.
hero member
Activity: 3094
Merit: 728
October 28, 2024, 10:28:05 PM
#1
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.
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