Finding Value ( sports betting) - page 2.

OgNasty

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Quote from: Viscore on August 31, 2024, 09:07:34 AM

I read an article that says in order to win in sports betting in the long run, we need to find value before making a bet. This means we don't need to bet on all the games available because we can't find value in all of them. Since it requires careful analysis based on the information available, it's impossible to analyze every game available for betting. Therefore, it's important to limit the number of bets and make sure that all the bets we make are well-studied so we can come out ahead in the long run.

If you believe in this, from your personal perspective, how do you find value?

Obviously this is a good idea. Maybe professional bettors are even willing to wait until the right matchup with the right situation and the right odds come along before placing a bet, but for a lot of us we just want to get some entertainment and enjoy a game a little more. I’d definitely recommend weighing the odds in a risk reward scenario and deciding if it’s a value or not.

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Quote from: GigaBit on September 07, 2024, 06:32:44 PM

When it comes to gamble in sports betting the first thing I evaluate is how much knowledge and skill I have about the sport I am betting on.

Definitely knowledge and skill goes along way in gambling,
There is no how you predict a game without having a knowledge of what you are doing. The knowledge plays the role of skill but people often get confused of skill in gambling. When they talk about skill in gambling, they specifically talks about how knowledgeable you are to predict possible outcome and it plays accordingly, even it is not %100.

Quote from: GigaBit on September 07, 2024, 06:32:44 PM

I should bet after considering whether I am fit to bet on that game or not. But there are many gamblers who think that betting more will increase their winnings which is a completely wrong assumption.

Although in this aspect of betting more to increase the chances of win is a normal thing. For a person to win you must play many times as possible, you will lose more before win. If a person doesn't play more how would the person increase his chances of winning?

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Quote from: Orpichukwu on September 07, 2024, 05:36:16 PM

Quote from: SamReomo on September 07, 2024, 11:56:38 AM

Yes, I believe in that and I avoid betting in most sports events because I find no value in those. I only bet on the games where I'm pretty sure that chance of winning is higher for me. I never bet on those games where it only would work for me based on my luck and no analysis. So it's better to avoid betting on such games and only bet on the games where you're sure that chance of winning is higher.

Because regardless of how good you are with your predictions or your analytical skills, the fact still remains that you may never be able to accurately predict the future, hence you need luck to make your predictions accurate and for you to win.

How will a player need luck to win? and where is the luck going to be found? Gambling is based on luck, yes, but when talking about value, it has much to do with games you think you'll be lucky enough to win, due to a deep analysis you've done on both teams, and how strong your instinct is about the game. This summarizes it down to staking on fewer football games, because we cannot have such a strong instinct on multiple matches.

GigaBit

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When it comes to gamble in sports betting the first thing I evaluate is how much knowledge and skill I have about the sport I am betting on. I should bet after considering whether I am fit to bet on that game or not. But there are many gamblers who think that betting more will increase their winnings which is a completely wrong assumption. Even if a gambler wins in gambling, he will still lose if one adopts such betting strategy. Because if he wins in one bet, he is sure to lose in the other two bets. There is definitely luck in gambling but luck comes very quickly if one gambles at the right place.

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Quote from: Orpichukwu on September 07, 2024, 05:36:16 PM

Quote from: SamReomo on September 07, 2024, 11:56:38 AM

Yes, I believe in that and I avoid betting in most sports events because I find no value in those. I only bet on the games where I'm pretty sure that chance of winning is higher for me. I never bet on those games where it only would work for me based on my luck and no analysis. So it's better to avoid betting on such games and only bet on the games where you're sure that chance of winning is higher.

You speak as those there were ever a game that's not dependent on luck but solely on your skills, knowledge and experience. Every game I know, as long as it has to do with gambling is based on luck, I'm not saying that a gamblers expertise are not required, I'm simply of the opinion that, while a gambler's skills and expertise to analyze the game effectively os also very important, i strongly believe that luck is the principal thing there. Because regardless of how good you are with your predictions or your analytical skills, the fact still remains that you may never be able to accurately predict the future, hence you need luck to make your predictions accurate and for you to win.

There’s really no such game that depends 100% on skills since even poker games sometimes depends on luck if you and your opponent manage to have an early all-in while some game you win the first 4 card then you lose the final outcome due to the river card which involves luck already.

I think he meant about betting only on games that he has high confidence that he will win due to the familiarity on the bet. It’s possible if you have a grasp on the team skills while they are against an opponent that has a clearly weaker skills.

I’m doing this strategy too since I’m not a frequent bettor on sports betting. I just place a bet on matches that I have high confidence that will win.

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Quote from: hahay on September 07, 2024, 12:17:08 PM

Although in sports betting it looks easy because you can also just bet on your favorite teams and not consider the size of the odds but still, it will not really guarantee you an easy win.

Well, one should choose a favorite team based on research and analysis not based on pure emotional attachment to win in sport betting. I personally have no favorite team but whenever I see a team performing better and even my research + analysis support that team's effort and gameplay then I consider that team as my favorite one in that tournament and I often bet in favor of it after doing further research about each individual player. I know that even with that I face some losses as no research can be perfect but the number of wins always outweigh the number of losses and that's what matter for me.

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Quote from: Crypto Library on September 07, 2024, 02:02:58 PM

Quote from: Viscore on August 31, 2024, 09:07:34 AM

I read an article that says in order to win in sports betting in the long run, we need to find value before making a bet. This means we don't need to bet on all the games available because we can't find value in all of them. Since it requires careful analysis based on the information available, it's impossible to analyze every game available for betting. Therefore, it's important to limit the number of bets and make sure that all the bets we make are well-studied so we can come out ahead in the long run.

If you believe in this, from your personal perspective, how do you find value?

From what the content of your write up, you're suggesting that you made to believe that for one to win in gambling, he'll have to strategic with his gambling options and that's absolutely true. You don't go gambling in every game you see just because you want to to win but must take your time and strategically find the games that are more likely to give you the results you'll predict on them.
Personally, I bet on major leagues/competitions where I have good knowledge of the teams playing and stake my bet on them.

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Value have to be fund by a single bettor because som sport bettor do what their call Co bet which is a bad idea for me, because
Really it depends on your cycle of friends because when it comes to cryptocurrency it all have to be privacy and for that one need to be very careful and for that carrying friends along is a big risk so for that one need to be careful, but I can bet a cojoin bet on a physical casino but that can't be done with cryptocurrency because it expose you more when you do that with friends but with fist casino you can do that by giving out some cash but not with crypto because I don't want those around me to know my crypto involvement.

But some do that freely but not me because because I know the security implications, and I also know that many will not take such risk, although for some reasons many may buy into that idea but not me because for sure not many can be trusted with such vital detail.

I still remember one incident that cost alot of problem for a guy who did a joint betting finance, when he won a jackpot using such funds, because definitely there most be some problems in the sharing formula sheet nce not every one contributions to such bet.

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Quote from: SamReomo on September 07, 2024, 11:56:38 AM

Yes, I believe in that and I avoid betting in most sports events because I find no value in those. I only bet on the games where I'm pretty sure that chance of winning is higher for me. I never bet on those games where it only would work for me based on my luck and no analysis. So it's better to avoid betting on such games and only bet on the games where you're sure that chance of winning is higher.

You speak as those there were ever a game that's not dependent on luck but solely on your skills, knowledge and experience. Every game I know, as long as it has to do with gambling is based on luck, I'm not saying that a gamblers expertise are not required, I'm simply of the opinion that, while a gambler's skills and expertise to analyze the game effectively os also very important, i strongly believe that luck is the principal thing there. Because regardless of how good you are with your predictions or your analytical skills, the fact still remains that you may never be able to accurately predict the future, hence you need luck to make your predictions accurate and for you to win.

Crypto Library

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Quote from: Viscore on August 31, 2024, 09:07:34 AM

I read an article that says in order to win in sports betting in the long run, we need to find value before making a bet. This means we don't need to bet on all the games available because we can't find value in all of them. Since it requires careful analysis based on the information available, it's impossible to analyze every game available for betting. Therefore, it's important to limit the number of bets and make sure that all the bets we make are well-studied so we can come out ahead in the long run.

If you believe in this, from your personal perspective, how do you find value?

I would agree with this and say that I would liken this to investing in multiple coins although trading and gambling would not be fair. However, I would like to say that just as we need to do a bit more analysis when trading multiple coins, similarly when we go to bet on sports, if we want to bet on multiple games or multiple matches, we need to do a bit more analysis on those games and those. About the matches. In my case I usually bet more on two sports and of course the two sports I have a bit more knowledge about. However, if you want to get a bit of a thrill at times, you can try other touches, but regular small games will be the best for gambling.

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Quote from: un_rank on August 31, 2024, 09:24:43 AM

It is virtually impossible to bet on all available football matches, we have hundreds or thousands during weekends from the different leagues.
Staking on the games you can study properly helps, but does not guarantee profits in the long run.
I watch a lot of the top 5 football leagues and spend more time analyzing the matches for fun, this does not guarantee I win my bets in the long run.

- Jay -

I like the whole betting on both sides of the game idea but I’m not sure if that would really work as good to offset the amount betted on the losing team. I thought it was a clever idea after seeing it in a movie or something sometime

hahay

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Quote from: SamReomo on September 07, 2024, 11:56:38 AM

Quote from: Viscore on August 31, 2024, 09:07:34 AM

If you believe in this, from your personal perspective, how do you find value?

Yes, I believe in that and I avoid betting in most sports events because I find no value in those. I only bet on the games where I'm pretty sure that chance of winning is higher for me. I never bet on those games where it only would work for me based on my luck and no analysis. So it's better to avoid betting on such games and only bet on the games where you're sure that chance of winning is higher.

Although in sports betting it looks easy because you can also just bet on your favorite teams and not consider the size of the odds but still, it will not really guarantee you an easy win. Because after all, in the past I have had the experience of just betting in that way but in reality I still experience defeat. So, nothing will really make it easy for you to win, even if you only bet based on the big chance of winning, but it will still have a risk. Thus, it would be better to bet with analysis to get a better value in betting. Because at least, when we get big odds and win them, then it will be a very good value in betting.

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Quote from: Viscore on August 31, 2024, 09:07:34 AM

If you believe in this, from your personal perspective, how do you find value?

Yes, I believe in that and I avoid betting in most sports events because I find no value in those. I only bet on the games where I'm pretty sure that chance of winning is higher for me. I never bet on those games where it only would work for me based on my luck and no analysis. So it's better to avoid betting on such games and only bet on the games where you're sure that chance of winning is higher.

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Quote from: Viscore on August 31, 2024, 09:07:34 AM

I read an article that says in order to win in sports betting in the long run, we need to find value before making a bet. This means we don't need to bet on all the games available because we can't find value in all of them. Since it requires careful analysis based on the information available, it's impossible to analyze every game available for betting. Therefore, it's important to limit the number of bets and make sure that all the bets we make are well-studied so we can come out ahead in the long run.

If you believe in this, from your personal perspective, how do you find value?

From my own view I think finding value has a lot to with betting or predicting games at the point that we feel that our games stand a better chance of having a possible outcome, this is to implies that we must not gamble all the times even when we know that the available games are not suitable enough to our satisfaction. But however, no matter how much of the value we in tend to place or find, it doesn't give any guarantee of winning, since at some point games do go the opposite, to me it is important we find that value as it creates a better chance of winning and that is mostly how I operates.

Samlucky O

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Quote from: Viscore on August 31, 2024, 09:07:34 AM

I read an article that says in order to win in sports betting in the long run, we need to find value before making a bet. This means we don't need to bet on all the games available because we can't find value in all of them. Since it requires careful analysis based on the information available, it's impossible to analyze every game available for betting. Therefore, it's important to limit the number of bets and make sure that all the bets we make are well-studied so we can come out ahead in the long run.

If you believe in this, from your personal perspective, how do you find value?

Well that's true, to be in a more safer side in gambling requires carefulness and and discipline to minimise risk. But the problem is that finding a game with value may end up having a non reasonable odd or multiplier. But apart from hat this strategy is a good one because it allows a person to even decide to bet on a single game instead of accumulating alot of risky games that threatens your ticket. I believe that most people would have been on a safer side of wining if they would have bet on a single game or 2. Gambling is made easy for constant win but people are driven by greed which Leeds to most lost. Although my perception doesn't mean there is no lose in single bet but it is more easy to win if properly studied than multiple.

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Quote from: Viscore on August 31, 2024, 09:07:34 AM

I read an article that says in order to win in sports betting in the long run, we need to find value before making a bet. This means we don't need to bet on all the games available because we can't find value in all of them. Since it requires careful analysis based on the information available, it's impossible to analyze every game available for betting. Therefore, it's important to limit the number of bets and make sure that all the bets we make are well-studied so we can come out ahead in the long run.

If you believe in this, from your personal perspective, how do you find value?

This question is big to answer, because to find out a game that has value is not easy, for me before you find out a game that's value before you bet, that will take you to periods of time to make your Research before you can find out a valued one, I think the best thing to do in this scenario is to limit the numbers of games you gamble weekly and monthly so that you will not experience much loss, but for the aspect of making inquiring I think that will consume time and before you can come in conclusion it may be late for you, so that's why I said that the answer is a big task.

len01

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Everything you said is very true. If you ask me, I will answer I will only choose a few matches in each league (football) and bet on single bets. We are talking about profit so by betting on single bets is the best way for me and only choose a few matches that can provide profit such as Barcelona against a weak team. Or in other words only choose a few matches on elite teams that can provide a big chance to win our bets. Until now I have rarely bet more than 6 single bet slips after having bad experiences in the past betting on all matches but not being comfortable to do analysis.

DubemIfedigbo001

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Yes, you're right to some extent, but your studies are only based on statistics and tactics from history and not what's going to happen on the pitch. This reduces all these to mere prediction and really not much of a determinant to your winning your stakes.

Even after your predictions, some uncertainties might occur, like the key player getting injured or red carded and we're back to limited probability of your careful study playing out.

Reducing the bets helps to some extent and remember that the move the bets are fewer, the more the capital is increasing to make the wins a bit feasible.

Personally, I play two kind of games every weekend, one with fewer games and another with more games and allow my luck to play out. I love using the analysis as a way to improve my brain power and research ability, so I analyze for long before staking.

viljy

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Finding value is the most difficult thing. The problem is that the value is not obvious. If the value was obvious, there would be no bookmakers. For example, a selective betting strategy. With this strategy, the "weight" of each unsuccessful bet is much greater than with the mass betting strategy. Accordingly, such a strategy will either be very advantageous, or it will not last long, since the player will lose if he finds the "wrong value". It turns out that such a strategy is closer to gambling than a mass betting strategy, in which the win-loss ratio may tend to 1/2 with a sufficiently large number of bets.

Julien_Olynpic

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This is called a strategy, that is, I mean that it is nothing more than a strategy. Everything else is just elements of strategy. The author wrote that he limits the number of matches he uses for betting. This is reasonable, but it is a well-known element of strategy. When a player starts to do only what he is good at, then he gets an advantage. And this advantage can be converted into profit. Strategy is the main value for a player.

Topic: Finding Value ( sports betting) - page 2. (Read 1030 times)