Wrong question... trying to resume the outcome of a bet or event, basing it only on one factor/aspect is a serious error of evaluation because an event can never be related to a single factor.
If there was a single aspect able to determine the outcome probably nowaday gambling was useless.
Topic: Expertise in Sports and Sports Market Knowledge (Read 407 times)
If we have enough knowledge about sports and also if we regularly observe these games then I think betting on sports will be the right decision for us. Other categories of gambling usually depend more on luck but when we bet on sports the result of gambling depends more on our skill than luck. Because in sports betting, we need to find at least this difference that which team is stronger, which team is more likely to win or which team is regularly performing well, but a gambler has to make sure in advance. If a gambler has that much idea then I welcome him to bet on sports because there is something good waiting for him here.
More often you bet, the more likey you will lose. That is one thing about sport betting. The less often you bet, you will see some better matches which can offer better chance of winning. It is not about the vast knowledge that you have that will make you earn more than lose, it is by gambling with the amount of money you can afford to gamble with but still just pick a game or 2 or 3 games and make it not often but still be expecting losses because gambling should not be a means of making money.
Nicely said bro, there is no professionalism in gambling, funny enough the more you focus your energy to understand sports with the sole purpose of gambling, the more you're knocking at the door of addiction and it will gladly let you in. If you must have a broader knowledge in sports, then you should be thinking of engaging in something profitable like sports analyst or even being a professional player yourself.
You must gamble in moderation if you intend surviving in the world of gambling. You gamble more, you lose more. You can't gain more because gambling isn't a business, so truthfully, you're sure to lose than to gain in gambling, so you must hedge against such loss by not gambling too much. No matter how much knowledge you gather about a certain sports, the fact remains that you're at the mercy of the players involved and their performance could either validate or invalidate your knowledge.
Knowledge and experience in the sport you want to bet on also give you the advantage of enjoying the game you are watching. Knowing the characteristics of the characters and the way of playing of those players on the team on which you are betting, you can predict the outcome of the game and draw more correct conclusions when choosing a bet. But just being an expert in sports is not enough to correctly determine the outcome of the game. Therefore, understanding the sports betting market and the amount you are willing to invest will also be determining factors.
~
The sports. Why in the hell would I give a damn about the betting market? Is it because you'd only look at the odds all the time so bias is nonexistent? That's just bs. Darkhorses wouldn't be a thing and people wouldn't have been able to hit it big sometimes if odds were always correct. Yes the odds usually have all the info that bookies gather to judge, but it doesn't mean that it's the end all be all of things. The people who make the odds are in the end people as well, they simply turn the statistics into a question of is it A or B, and anything in that process doesn't guarantee that whatever they decide as higher or lower as facts. Let's imagine that tomorrow Manchester City plays against the worst team in the Premier League, which is coming from a sequence of 5 defeats in the last few games. while Manchester City, leader of the table, candidate for the title comes from a sequence of 5 victories. so the odds for this game are 1.10 if Manchester City wins, or 10.00 if the worst team in the Premier League wins, so you look at these odds and want to bet on this game, but Manchester City has a very low odds. Then you will look for another market within that game, you will find the over goals market
you look at how many goals the worst team in the premier league conceded and how many goals manchester city scored in the last games, and you realize that on average city scored more than 3 goals in each game and on average the worst team in the premier league conceded more than 4 goos in every game. So bet on the over 2.5 goals market with odds of 1.60. So, based on knowing more about the market, you were able to place your bet and get it right
More often you bet, the more likey you will lose. That is one thing about sport betting. The less often you bet, you will see some better matches which can offer better chance of winning. It is not about the vast knowledge that you have that will make you earn more than lose, it is by gambling with the amount of money you can afford to gamble with but still just pick a game or 2 or 3 games and make it not often but still be expecting losses because gambling should not be a means of making money.
I agree. It's like saying save the best for last, I mean placing bets in all those matches won't guarantee more chances of winning but instead you got the higher odds of losing money. Happened to me once when I just placed bets indiscriminately with games I just feel I am lucky but that turns my bets so badly as non of them got the good outcome. 
If you bet on sports - football, basket ball, cricket, and the others. Which is more important and offers a profitable outcome; You knowing the sports and everything about it or having knowledge and understanding of the sports betting market?
When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?
This is what someone already said about it.
Drop your two cents y'all.
When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?
This is what someone already said about it.
Quote
I’m a professional sports bettor and I firmly believe not knowing about sport is in many cases an advantage to profiting from it. Many men believe their great knowledge of sport will make them money from betting on it but it’s more important to have knowledge and understanding of sports betting markets and in fact nearly all their knowledge will already be factored into the prices.
Drop your two cents y'all.
I think the person who made this quoted post was speaking for himself where he said not knowing about sports is an advantage for winning. I clearly do not understand that part, why will a gambler bet on a sport he has no knowledge about? Maybe it works perfectly for that poster but I find it rather misleading and shouldn't be recommended to anyone. Betting on sports you have no knowledge of is risky. If you win, it is by luck and not because that strategy is perfect.
In gambling, no knowledge is a waste. While sports betting generally is all about luck, how well you know and understand that very sport goes a long way in helping you make good analysis and plan a better technique while gambling. Your knowledge of the sports betting market is an added advantage. I will never bet on games I have no knowledge about.
For me knowing more about actual sports than gambling techniques or styles or whatever you want to call them is a bigger deal. I may not be an expert tactician when it comes to placing bets and im sure that hurts my potential upside with gambling, but knowing the sports I’m betting on it a far bigger deal. For example I know NFL football well and am able to bet pretty successfully each year because I know the sport so well. If I knew more about gambling and had more of an expertise is it, sure maybe I could be making even more. But if I didn’t know shit about the game, id do horrible regardless.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
When it comes to sports betting, having a knowledge is the important things that people must have. People must knowing the sports and where they must search for the information so they can places a bet for the match. If they don't knows the knowledge, they can't places a bet and selects the right team and they can loses their money if they pick the wrong team. A bettors will knows that he must be able to search for many information about the match and knows how to analyzes the match quickly so he can directly place his bet and pick the right team. Not many people can do this but they can gets the information by using other people information so they can directly place their bets. Many people doesn't have capability to analyze the match so they depends on some people who called themselves expert that they can gives information about the right team to places a bet.
I think both are important and this is why it is called as sports betting (that is two words), and let us say you know everything about sports but you don't know about the sports betting market, then how can you even use your knowledge in sports to make money? Or let us say you know some sports betting sites but what about the odds for example?
You will think choosing the biggest odds is cool and it can also give you a big win but you didn't know that the chance for you to hit them is only tiny. By the way, I think there is a typing error on the first line of your quote, somewhere in the word "advantage". It must be ''disadvantage'' instead.
You will think choosing the biggest odds is cool and it can also give you a big win but you didn't know that the chance for you to hit them is only tiny. By the way, I think there is a typing error on the first line of your quote, somewhere in the word "advantage". It must be ''disadvantage'' instead.
Yes, indeed there is this misunderstanding in sports betting that the greater the knowledge of sports one has, the more likely he or she is to win big. But in reality, it turns out that the more a person bets frequently, the higher his losses could be. This is because frequent betting promotes impulsivity and detracts from a good strategy.
I don't think it will always apply to sports betting it's where the winning will always depends on the one who execute, manage and the game, as well as the athletes. Most if the time the games odds provider tells the outcome, but there is called an upset which is winner who have the lower odds in wins that's why it still unpredictable even though people already know the games and athletes which makes the sports betting interesting.
Having a knowledge on the strength of the players is more valuable in my opinion than those two, you can just know the basics in sports as you're only betting, the intricacies of the sports and the technicalities will naturally be learned anyway, sports market? I don't think that you need to sharpen your minds with this one, it's probably enough that you follow through with all of the stuff that's happening on a certain sports that you're placing your bets on, don't have to sweat over those tiny details, just go with the player analysis and you're good to go.
Both are factors to win a bet. Know the market, and love the game, but don't fall in love with a team because it can cause emotional clings which might affect your betting strategies.
That is where it goes wrong if you become a fan of a player or a team and not the whole sport anymore. A gambler might bet for the heavy underdog just because he is a big fan of that team which mostly ends up as a mistake. The risk factor increases even though there's no particular proof that they can win that game. It becomes a blind bet because emotions gets the best of you and you will probably just end up betting without even researching on why they are input as heavy underdogs.
The market gives us more options thanks to the spreads, we could use that to our advantage but there are also certain games which looks like a trap, we need to be careful with that.
That is where it goes wrong if you become a fan of a player or a team and not the whole sport anymore. A gambler might bet for the heavy underdog just because he is a big fan of that team which mostly ends up as a mistake. The risk factor increases even though there's no particular proof that they can win that game. It becomes a blind bet because emotions gets the best of you and you will probably just end up betting without even researching on why they are input as heavy underdogs.
The market gives us more options thanks to the spreads, we could use that to our advantage but there are also certain games which looks like a trap, we need to be careful with that.
~
The sports. Why in the hell would I give a damn about the betting market? Is it because you'd only look at the odds all the time so bias is nonexistent? That's just bs. Darkhorses wouldn't be a thing and people wouldn't have been able to hit it big sometimes if odds were always correct. Yes the odds usually have all the info that bookies gather to judge, but it doesn't mean that it's the end all be all of things. The people who make the odds are in the end people as well, they simply turn the statistics into a question of is it A or B, and anything in that process doesn't guarantee that whatever they decide as higher or lower as facts. 
But if you are in a sport fans and betting on a game that you know, then there are good chances or at least you have a greater chance to win because you know the teams and the sports itself.
Sport is also luck, including football that is mostly common among the sport matches. To win 2x in sport betting is very difficult and most gamblers prefer to go for the stronger clubs which have less than 2 odds. Example is when Manchester City is playing with a club, the odd can be as low as 1.1 but there is a chance that Manchester City can still lose or draw. Anything can happen in football, the underdog may win or draw. In casinos you will see 2 odd and 3 odd games easily but that is hard in sport because the 2 or 3 odds in sport have very low chance to win unlike in casinos.This doesn't mean that the place of getting the knowledge can be taken away because I as much as it's important to be lucky, the knowledge is aswell needed to keep you a better position to getting Lucky enough.
That is very true, good knowledge of the sports will give you better insights when it comes to betting. Though it is still quite a challenge knowing who will win the match, but being familiar with the teams will give you an edge rather than not knowing them at all. And when it comes to football, it is hard to predict who will win at the end. You can only based your predictions based on their previous performance.
What needs to be understood for sports betting market knowledge?
I think we all know, the most important thing is you understand the sector of sport you are gonna bet. Meanwhile for (sport betting market knowledge) people can just easily to have basic knowledge like (Odds).
Knowing the sport & team you are gonna to bet is more important, to avoid you are betting blindly. Just like investing, If you don't know to the asset you are gonna to invest you are basically pure hoping on luck. Meanwhile, we are know (sportbet) are one of sector gambling while mostly the odds are on player favor. That's the reason why casino can limit your betting size, If they knew you are a sharp.
I agree. Learning the sports betting market knowledge is quite easy, as long as you are aware about its dos and dont’s, then you’re good to go. But being aware on how a certain sport goes and how it should be played well will make an edge on your bet, so I think that’s more important. Otherwise, betting randomly will make you fall more into losing your bet and wasting your capital. I think we all know, the most important thing is you understand the sector of sport you are gonna bet. Meanwhile for (sport betting market knowledge) people can just easily to have basic knowledge like (Odds).
Knowing the sport & team you are gonna to bet is more important, to avoid you are betting blindly. Just like investing, If you don't know to the asset you are gonna to invest you are basically pure hoping on luck. Meanwhile, we are know (sportbet) are one of sector gambling while mostly the odds are on player favor. That's the reason why casino can limit your betting size, If they knew you are a sharp.
This is why before you make a bet, know the sports most especially the background of the players. Sportsbetting is not just luck but more on skills and expertise. If you bet on players that consistently play as the champion, then obviously the probability to win is also high.
But if you are in a sport fans and betting on a game that you know, then there are good chances or at least you have a greater chance to win because you know the teams and the sports itself.
Sport is also luck, including football that is mostly common among the sport matches. To win 2x in sport betting is very difficult and most gamblers prefer to go for the stronger clubs which have less than 2 odds. Example is when Manchester City is playing with a club, the odd can be as low as 1.1 but there is a chance that Manchester City can still lose or draw. Anything can happen in football, the underdog may win or draw. In casinos you will see 2 odd and 3 odd games easily but that is hard in sport because the 2 or 3 odds in sport have very low chance to win unlike in casinos.This doesn't mean that the place of getting the knowledge can be taken away because I as much as it's important to be lucky, the knowledge is aswell needed to keep you a better position to getting Lucky enough.
I’m confused on the quoted post that you share here. He earlier mention that “not knowing” the sports is an advantage yet on the end part he is emphasizing that knowledge on sports is the key to success which is contradicting to each other.
The later part is always the fact here. Being knowledgeable on what you are doing especially sports will give you higher winning chance rate since you are partly relying on your skills and not pure luck. Sportsbook has a house too which means being knowledgeable can counter this initial handicap from the casino.
Same goes here, it is a bit confusing indeed. If it is not knowing anything in sports then that might be because of biases and the idea that things will still depend on one's luck. Personally, I think knowledge in sports would make you profit from this industry and will give you a better chance of winning than to just guess things and wait for your fate to decide. The later part is always the fact here. Being knowledgeable on what you are doing especially sports will give you higher winning chance rate since you are partly relying on your skills and not pure luck. Sportsbook has a house too which means being knowledgeable can counter this initial handicap from the casino.
For example, you are familiar with the players, team's previous matches and overall statistics. How come it won't help? Perhaps a player you know won't play on the opposing team, won't it be a factor to consider?
What creates the conflict is the idea of becoming rich in any gambling field. Yes nothing will be assured of our bets but at least analyzing is the only thing we could do in order to reduce the risk of losing, so why not grab it?
Knowledge would just give us a good factor to call it as expert with sports analysis, but here in gambling that doesn't guarantee an accurate results since by chance every sports still depends on gameplay.
Many bettors relied on odds, but in the long run they'll be overwhelmed by sudden outcome that failing of their team happens.
What's very important is to signify the real score of the game and don't base every bet on the odds, always choose the real time walkthrough of each sport betting games.
Many bettors relied on odds, but in the long run they'll be overwhelmed by sudden outcome that failing of their team happens.
What's very important is to signify the real score of the game and don't base every bet on the odds, always choose the real time walkthrough of each sport betting games.
If you bet on sports - football, basket ball, cricket, and the others. Which is more important and offers a profitable outcome; You knowing the sports and everything about it or having knowledge and understanding of the sports betting market?
When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?
This is what someone already said about it.
Drop your two cents y'all.
I don't think there is anyone that is a professional gambler because gamble is based more on luck than skills or knowledge. People always come up with different ways in which can enable you make profit in gambling, but I don't think that they themselves have made any big wins to change their lives.When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?
This is what someone already said about it.
Quote
I’m a professional sports bettor and I firmly believe not knowing about sport is in many cases an advantage to profiting from it. Many men believe their great knowledge of sport will make them money from betting on it but it’s more important to have knowledge and understanding of sports betting markets and in fact nearly all their knowledge will already be factored into the prices.
Drop your two cents y'all.
It is good that we see gamble as a means of fun, and we should also know that we can not make profit from gamble in order to enable us accept our losses with happiness by using only the amount of money that we can afford to lose.
Jump to: