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 393 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.
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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.
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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.
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. hero member
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Well, first, I will say that gambling is not an activity that one should be expecting to make profit all the time like a real business where profit is expected frequently, gambling is not like that, be it sport or other casino games. I love and gamble more on sports like football and tennis, and I can say that sometimes I can make a good win and sometimes I am faced with bad luck. Like I said before, don't fix your mind on profit-making in gambling; it cannot work base your speculation all the time.
Sometimes there are serious people in gambling looking for an advantage with their own knowledge as an example is sports betting because they like it, so they will know which betting market is right, but I don't know why this should be made into an advantage for me this is irrelevant especially based on speculation in placing bets.Yes, it's normal to want to profit from one's sport knowledge by knowing the right club to bet on and the one to bet against, but while doing so, it's important to know that prediction doesn't work all the time. Normally, it's very possible for Team A to defeat Team B, but that will not happen in every match of that team with other team. There could be some slight mistakes in every match that can make the winning team lose too, and that's what a gambler should have in mind before gambling. If they think their knowledge of sports makes them do it all the time, then that's a fat lie.
I beg to disagree. Knowing only the markets and not something about sports is just asking for a lot of trouble with your finances.
You can know the market's ins and outs, but without proper sports knowledge you wouldn't know how to bet and where to bet. You'll blindly pick whatever seems 'reasonable' based on your market analysis and not really what the game says. This would result to a lot of losses and, IMO, you wouldn't really get out of a hole you'll be digging if you don't reach out for some knowledge in sports betting eventually.
A good balance of both is needed in order to profit from sports betting. You will benefit from both and it will help you get profits a lot faster and easier than just having market knowledge of the sports you're planning to bet on.
You can know the market's ins and outs, but without proper sports knowledge you wouldn't know how to bet and where to bet. You'll blindly pick whatever seems 'reasonable' based on your market analysis and not really what the game says. This would result to a lot of losses and, IMO, you wouldn't really get out of a hole you'll be digging if you don't reach out for some knowledge in sports betting eventually.
A good balance of both is needed in order to profit from sports betting. You will benefit from both and it will help you get profits a lot faster and easier than just having market knowledge of the sports you're planning to bet on.
Regarding what he says, it is because of the markets that his competition has, and the truth is something that makes no sense to me , for me sport has nothing to do with the markets, because it is something that happens on the field. So I do believe that one can win because of the knowledge one has and that way it is more feasible, someone who knows nothing about sports and yet says that he is a professional betting on sports betting is something that does not make sense. For me, I think if that's the case, it's been pure luck and that's what plays it , for me it's like that, so where I am in casino Gaming and sports betting, that's not looking good.
Of course knowing something about a sport is better than knowing nothing, because this way you can have a better understanding if the odds are ok or if they suck. But honestly don't expect anything over the top.
There is a very tangible edge against the punter on sports bets as well, just as there would be if you were playing slots or roulette. It's just not something people associate with gambling as often because it's considered a sport game or something. In reality it's more of a fun game like other casino games and skill is just secondary.
Don't expect to realistically beat the odds. You'd be lucky to be breaking even. So all these people claiming to be experts in sports betting and earning crazy amounts from it are likely lying. Don't believe them. By statistics alone it's not easy to achieve the feats they claim. And even if they make more than 50% of their predictions right, the odds are still getting in the way of breaking even most of the time.
There is a very tangible edge against the punter on sports bets as well, just as there would be if you were playing slots or roulette. It's just not something people associate with gambling as often because it's considered a sport game or something. In reality it's more of a fun game like other casino games and skill is just secondary.
Don't expect to realistically beat the odds. You'd be lucky to be breaking even. So all these people claiming to be experts in sports betting and earning crazy amounts from it are likely lying. Don't believe them. By statistics alone it's not easy to achieve the feats they claim. And even if they make more than 50% of their predictions right, the odds are still getting in the way of breaking even most of the time.
There are two (2) factors that must be discussed here- the knowledge on the sport vs the knowledge on the general betting strategies and applications.
If a person is knowledgeable about a certain sport, then chances are is that they have crucial information that can give them the advantage over the bets. Also, they have a higher chance of predicting which team would win on a given set since they have knowledge and expertise on that given field.
If a person is knowledgeable about the general betting strategies, then they also lower the risks of losing all of their resources and they can also maximize each and every opportunity.
Personally, I would prefer the first category (knowledge on the sport) than knowledge on the general betting strategies since the latter can mostly be studied or explained easily on the internet. On the first category, this kind of information is gained through years of expertise and personal witness of the games on that given sport.
If a person is knowledgeable about a certain sport, then chances are is that they have crucial information that can give them the advantage over the bets. Also, they have a higher chance of predicting which team would win on a given set since they have knowledge and expertise on that given field.
If a person is knowledgeable about the general betting strategies, then they also lower the risks of losing all of their resources and they can also maximize each and every opportunity.
Personally, I would prefer the first category (knowledge on the sport) than knowledge on the general betting strategies since the latter can mostly be studied or explained easily on the internet. On the first category, this kind of information is gained through years of expertise and personal witness of the games on that given sport.
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?
Their is no sport that betting is more profitable than others, as far as gambling is concerned every betting game is unpredictable. If making profit is the reason why people choose game to bet, it is likely that they will even lose more. It is better to bet on your favourite sport that you have more knowledge to predict game because this can be of good chances of winning. It is not a good idea when considering bet as a way of making money, it can lead to some negative results in gambling. If one does not have any idea to make prediction concerning a sport their is no need playing trying to make profit by all means. 
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.Maybe what you meant is unpredictability of games, and so it's no luck in opinion. I'm not familiar with football though, but in basketball, there are great comeback in the 4th quarter or winning shots and we seldom here them says that the team won because of luck, but it's more of what we call breaks of the game.
So anything can really happen in any sports, could be underdog winning or the favorite with 1.01 odds even losing.
More on the breaks and opportunities coming to teams that eventually win in the end.
I think it is very important to have knowledge and understanding of sports in sports betting because this will create opportunities to win especially when big teams will play against weak teams, although any bet including sports betting is sometimes not easy to predict but knowledge of sports, the entire research can be considered comprehensively.
And to have knowledge and understanding of the betting markets, I think it depends, and if you bet a lot on sports then over time you will learn and understand it. And will learn everything involved or related to betting, but knowledge is the foundation in every bet and realize that gambling is a matter of luck.
And to have knowledge and understanding of the betting markets, I think it depends, and if you bet a lot on sports then over time you will learn and understand it. And will learn everything involved or related to betting, but knowledge is the foundation in every bet and realize that gambling is a matter of luck.
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.
If you like, have adequate and required knowledge about sport betting, you will lose if you gamble and same applies to when you have no idea in it, we cannot predict on the gambling made on games irrespective of their kinds, it's a win or lose game, we shouldn't be expectant of one of this to be more predominant than the other, because gambling remains unpredictable, we can lose when we expect winning to come and same vice versa, even though, many are convinced that in gambling, we often lose than we win, if we cannot afford to gamble and lose, we shouldn't do it at all, we are mostly encouraged to gamble for fun and not for money.
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?
IMHO, there is no need to choose with those. Because even if we say that sports betting requires analysis and a background, a bettor can hit a couple of wins through luck and random betting as they all in or bet casually. I don't understand why there are people that think they're better based on their experience but not realizing that each of us don't experience the same thing. So, be grateful if some strategy or knowledge works for you based on how you do it and doesn't work the same for the others.Well, first, I will say that gambling is not an activity that one should be expecting to make profit all the time like a real business where profit is expected frequently, gambling is not like that, be it sport or other casino games. I love and gamble more on sports like football and tennis, and I can say that sometimes I can make a good win and sometimes I am faced with bad luck. Like I said before, don't fix your mind on profit-making in gambling; it cannot work base your speculation all the time.
The reality is that many think of the same thing about making money through gambling. Regardless of how tough or easy it is for some, it is a thought that will never get removed from ages. As long as gambling is there, the differences that we've got is going to determine what we think about the gambling market to be specific in sportsbetting or the actual sports that we're well versed.
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.
What is the use of knowledge of the betting market when you do not have any understanding of the sports you want to bet in, how are you going to make choices. The betting market is a big place where there are many gamblers making choices, sports betting is part of other betting options that are all in the betting market, so if you know about the general market and not your direct sports betting, your knowledge is still not useful. If you do not have any understanding of the sport, winning will be harder even if you know about 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.
Well, first, I will say that gambling is not an activity that one should be expecting to make profit all the time like a real business where profit is expected frequently, gambling is not like that, be it sport or other casino games. I love and gamble more on sports like football and tennis, and I can say that sometimes I can make a good win and sometimes I am faced with bad luck. Like I said before, don't fix your mind on profit-making in gambling; it cannot work base your speculation all the time.
Sometimes there are serious people in gambling looking for an advantage with their own knowledge as an example is sports betting because they like it, so they will know which betting market is right, but I don't know why this should be made into an advantage for me this is irrelevant especially based on speculation in placing bets.Actually some bettors experience the same fate as you including myself, where there are good wins but there is also bad luck where like yesterday's match betting on PSG sports betting but the reality is not a good win.
What I understand will definitely be at stake especially in this football match I like the most so this is one of the many bets made.
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. 
Who said this?
He believes that and he's a sportsbettor? But he didn't said that it has been profitable to himself but let's assume that it was. I just don't understand about the latter part about our knowledge being factored in prices?
It seems that he's talking about the combination of knowing sports betting markets and having knowledge about the sport. What are your thoughts about that OP? You should have given yours too.
He believes that and he's a sportsbettor? But he didn't said that it has been profitable to himself but let's assume that it was. I just don't understand about the latter part about our knowledge being factored in prices?
It seems that he's talking about the combination of knowing sports betting markets and having knowledge about the sport. What are your thoughts about that OP? You should have given yours too.
I thought the OP would give his own thoughts at the end but didn't.
In my estimation, the more you know about the sports the more you also know about sports betting. You cannot analyze a basketball team and games without discussing which team has the highest odds of winning, the underdogs, and other sports betting languages used that has been borrowed from sports. They are together. The slight difference is in learning how to use the technology that is involved and going through the sports betting website to place a bet.
That's why it is a combination as I've said and if he can also tell who said that in the quote then we'd know who's that guy. But if he don't want to disclose it, that's fine. Anyway, for those sports bettors, we have the same thought about having the basic idea of what we're going to bet. If you bet without that background, you're not going that far that might just lead you to deal with multiple losses and frustrations.
............
Bettor can't always tell if there is a big win waiting for him in every event especially if he is into a sport where an underdog can win all of a sudden. Sometimes the bettor will wander to some sports with just the knowledge to play around on odds. Gamblers are risk takers.
Bettor can't always tell if there is a big win waiting for him in every event especially if he is into a sport where an underdog can win all of a sudden. Sometimes the bettor will wander to some sports with just the knowledge to play around on odds. Gamblers are risk takers.
There are some people who take part in betting just for fun or for the sake of trying their luck. They might be oblivious to the details of the sport or simply make a choice based on gut feeling or pure chance. To them, betting is more of a recreational activity, where they can experience thrill and excitement while waiting for the results.
On the other hand, there are individuals who approach betting with knowledge and analysis. They might have conducted research on teams, players, and related statistics before placing a bet. Yet even after such meticulous preparation, there are external factors beyond their control that could impact the outcome, like player injuries or tactical changes that can occur mid-game. It's this unpredictability that adds an element of suspense to what would otherwise be a mere prediction game.
In the situation of gambling, those who place bets should be ready to embrace risk and uncertainty. They understand that there is no assurance of winning in any bet; however, they still take risks with hopes of winning substantial rewards. Essentially, gambling revolves around risk-taking; the bettors involved are participants willing to confront an unknown future but hopeful for victory.
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.
You do not have to be confused, people should see gambling as pure luck. Be it casino games or sport matches on betting sites. It is good to know that casinos are not for sport betting but some sites are both casinos and bookies. Casinos provide casinos games while bookies provide sport matches betting.Correct, but it can be applied to luck based games right?
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.
And most likely that's why the quote is confusing, how can a "not knowing" = profitable in sports betting?
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.
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.
Conversely, adopting a less frequent but more selective approach can boost your winning possibilities. By handpicking one or two specific games to concentrate on, you can pay closer attention to the odds analysis and make well thought out decisions with deliberation. This way you can choose matches where winning seems more probable.
Nonetheless, one must bear in mind that opting for a more cautious stance can indeed curtail the possibility of defeat; however, it does not ensure triumph. Every form of gambling is always connected with the risk of losing, so this cannot be the way to ensure a permanent source of money. Gambling is always about risk and should not be treated as a stable income source but rather considered as an entertaining activity where you play with disposable income.
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Well, first, I will say that gambling is not an activity that one should be expecting to make profit all the time like a real business where profit is expected frequently, gambling is not like that, be it sport or other casino games. I love and gamble more on sports like football and tennis, and I can say that sometimes I can make a good win and sometimes I am faced with bad luck. Like I said before, don't fix your mind on profit-making in gambling; it cannot work base your speculation all the time.
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?
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?
Drop your two cents y'all.
Having basic knowledge about the sports you are placing bets on is essential. You need to have this knowledge to be able to engage in historical data analysis and predictions. There is a need to always engage betting strategies which involves some level of data analysis, therefore having a good knowledge about the sports is needed to win bets.
However, understanding the gambling market is also important. Some gamble pundits believe that understanding gambling market movement is as important as knowing about the sports. I know some gamblers who gamble heavily at a particular period because they believe that the market will be favorable at w given period. Nevertheless, gamblers will have better or optimal results if he has both knowledge about the game and sports sport betting market.
It is mandatory that the person bets on leagues and teams that he knows very well, he must also know very well how all sports betting markets work because when that person analyzes the games in the league that he knows very well, he will be able to have many options to choose from. bet, as you will be able to bet on the over and under goals market, you will also be able to bet on the corners market, and many other markets. Now something very important that a person must keep in mind is that they should not see gambling as a means to make a profit, because when a person thinks that they can know everything about sports betting and that this will allow them to profit in this market. then that person will lose everything, because you don't make money from gambling. just look at gambling as entertainment
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?
A good understanding of the sports betting market can compensate for low knowledge in the sport itself because if you have very good knowledge of the sports but no understanding of how the market works you still may not be successful. The most successful gamblers in the sports betting I believe have knowledge of both properly but first had knowledge of the sport and they later experienced gave them knowledge of the sports betting market. The two are important. 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.
The knowledge of sports isn't a guarantee to victory but the advantage of having this knowledge can't be overly emphasized because you will be making only informed decision s compared to someone who doesn't have the knowledge but is totally dependent on luck of which may happen once out of many trial but for someone who's got a good knowledge will most likely get to win more often than that of someone who is depending on luck because sometimes they have no idea about the strength of a team which could have helped them understand better on the best option to pick about a team so they will be at a great chance of been lucky.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.
In as much as the knowledge isn't a guarantee there's aswell no way the person with knowledge will not do much better than the one struggling with getting to be lucky so it still very much better and important you get the knowledge so you can gamble better
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.
just to clarify, in the quoted part on the OP it is said that it is more important to have more knowledge and understanding of "sports betting markets" than the sports. I think he also confused me at the end of his post too. At the beginning of the post from the reference that Op quoted, I would think the originator was meaning being professional as advantage on betting without sentiment but analysis base on the bases of the game, readiness, fitness and all the whatnot that makes the game. And not being sentimental against having knowledge of the game and which will add up to having sentiment on it. So this was my first analysis of the quote before the later misunderstanding submission. However, I think I believe that the first part was talking about professionalism devoid of partisan and sentimental analysis. Of course being professional and doing professional means it is based on empirical evidence and analysis, stats etc. Thus, the reason for much loses is because of sentimental analysis, emotional attachment. That is, if we bet reasonably then we are being professional.
Who said this?
He believes that and he's a sportsbettor? But he didn't said that it has been profitable to himself but let's assume that it was. I just don't understand about the latter part about our knowledge being factored in prices?
It seems that he's talking about the combination of knowing sports betting markets and having knowledge about the sport. What are your thoughts about that OP? You should have given yours too.
He believes that and he's a sportsbettor? But he didn't said that it has been profitable to himself but let's assume that it was. I just don't understand about the latter part about our knowledge being factored in prices?
It seems that he's talking about the combination of knowing sports betting markets and having knowledge about the sport. What are your thoughts about that OP? You should have given yours too.
I thought the OP would give his own thoughts at the end but didn't.
In my estimation, the more you know about the sports the more you also know about sports betting. You cannot analyze a basketball team and games without discussing which team has the highest odds of winning, the underdogs, and other sports betting languages used that has been borrowed from sports. They are together. The slight difference is in learning how to use the technology that is involved and going through the sports betting website to place a bet.
This is what someone already said about it.
Who said this?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.
He believes that and he's a sportsbettor? But he didn't said that it has been profitable to himself but let's assume that it was. I just don't understand about the latter part about our knowledge being factored in prices?
It seems that he's talking about the combination of knowing sports betting markets and having knowledge about the sport. What are your thoughts about that OP? You should have given yours too.
I am not well versed in sports betting but I always think that having knowledge of the sport that you are betting on is an advantage, but the guy you quoted who claims to be a professional sports bettor says that knowledge of the sports betting market is more important, then I am curious and I'd like to hear a more detailed explanation as to why he that is.
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.
just to clarify, in the quoted part on the OP it is said that it is more important to have more knowledge and understanding of "sports betting markets" than the sports. 
Drop your two cents y'all.
Well, I don't know about what the op you quoted said. But it's good to have knowledge about sports before going into betting. He might be a professional or something but I'm sure he learnt about theses sports before he climbed up to what ever reputation he has now in sports betting. Gambling is all about strategies and planning, it you have no knowledge on how to, you will end up knowing how to loss to the casino or betting platform.
As a sport better or gambler, you should take time to know about the sport before betting on it. All sport bets can be profitable as long as you have sound knowledge and know how to arrange your game before betting.
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 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.
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?
IMHO it's best to know both. But if you only know one, it should be knowing the actual sports than the betting market/odds. Because knowing the actual sports that you're betting on gives you more edge and better chance of winning your bet.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.
He's not wrong but on this case, we can say that it is to each their own. If that's his opinion and based on his experience works well on him, then that's good for him. 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.
But not knowing or having no background with what you're betting, you do understand the case, right when you're gambling. That means that you're putting yourself in a situation about relying upon your entire luck and doing YOLO. Do you like to gamble like that? there's also no assurance with whoever said that in the quote. We're all betting and gambling.
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 doubt that this person is a professional in sports gambling, or does he mean to make us doubt our analysis, experience and knowledge that we get from judging a sports match, if we know a little bit it is much more dangerous in my opinion. 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'm a little mistaken with the statement he gave, I really want to know the person who said it, how he analyzed and how he believes what he said is true in betting on sports. Yes, it is true that to be a sports bettor, you don't have to have experience in the field, but you should have an understanding of the basic principles.
There are people who know about football as a sports but would lose a lot of money because they do not know about odds, parlay, over/under, spread, handicap, money line etc. and how they work. They know about the sports but do not know about sports betting strategies such as bankroll Management, hedging, martingale System etc.
The two are different and while I feel that knowing the sports betting market will give the a bettor an upper hand over the one that just knows only about the game, there should be a balance in the two to make an effective gambler.
If one is missing the other one cannot be profitable. They shouldn't be separated. And
The two are different and while I feel that knowing the sports betting market will give the a bettor an upper hand over the one that just knows only about the game, there should be a balance in the two to make an effective gambler.
If one is missing the other one cannot be profitable. They shouldn't be separated. And
While you should bet on the sport you know like the back of your hand, there is still luck involved in those winnings. It's why we hedge our bets showing your sports betting market knowledge. There is also a chance to play around in the sports betting market.
Bettor can't always tell if there is a big win waiting for him in every event especially if he is into a sport where an underdog can win all of a sudden. Sometimes the bettor will wander to some sports with just the knowledge to play around on odds. Gamblers are risk takers.
Bettor can't always tell if there is a big win waiting for him in every event especially if he is into a sport where an underdog can win all of a sudden. Sometimes the bettor will wander to some sports with just the knowledge to play around on odds. Gamblers are risk takers.
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.
You do not have to be confused, people should see gambling as pure luck. Be it casino games or sport matches on betting sites. It is good to know that casinos are not for sport betting but some sites are both casinos and bookies. Casinos provide casinos games while bookies provide sport matches betting. 
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.
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.
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.
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.
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