Going for the Underdog or Not? | Bitcointalksearch.org

AmoreJaz

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Quote from: Johnyz on November 06, 2021, 05:24:15 PM

Quote from: ene1980 on November 06, 2021, 05:01:26 PM

Quote from: molsewid on November 06, 2021, 10:56:28 AM

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In my case if ever I am not really familiar with a match I am not going to bet even a few coins but of course there's an exceptional depend on how hype the game is. In the same case like having an interest to bet in an unfamiliar match I would always go choose to bet on the crowd favorite but I'd still going to make my own research about the game so it would depend on what the players recent records, skills, potential and capability too

In sports you can expect an upset anytime, i always follow the fitness level of the main players if it is a team sport and if it is individual sport, the same the fitness level and when was their last game and how they performed.

Sometimes you get lucky as the odds maker gives you a champion as an underdog because of the opponents hype.

What’s the odds of winning for the underdog? Its too low to some players but if the underdog is also a good one considering his personal skills, then that could be a food underdog. Just like last on recent event on eSport, the winner on Dota is the underdog yet they are able to win the title. There’s a big risk on putting money to the underdog but if you see potential on them, why not place a bet.

if you are a familiar with the sports, it is not hard to bet on underdog if you know their capability to get an upset of the game. just like in boxing, the recent upset that i placed bet was on sultan vs caraballo match, i didnt put much on sultan but i have the feeling that he can possibly pull off an upset, because he is a filipino boxer, and we know, a lot of filipino boxers are dominating inside the ring, even if they have decorated opponents.
so what am saying here is that this depends on the situation and sports, if you are familiar and know the players, you will be more comfortable placing bets on underdog.

Johnyz

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Quote from: ene1980 on November 06, 2021, 05:01:26 PM

Quote from: molsewid on November 06, 2021, 10:56:28 AM

~
In my case if ever I am not really familiar with a match I am not going to bet even a few coins but of course there's an exceptional depend on how hype the game is. In the same case like having an interest to bet in an unfamiliar match I would always go choose to bet on the crowd favorite but I'd still going to make my own research about the game so it would depend on what the players recent records, skills, potential and capability too

In sports you can expect an upset anytime, i always follow the fitness level of the main players if it is a team sport and if it is individual sport, the same the fitness level and when was their last game and how they performed.

Sometimes you get lucky as the odds maker gives you a champion as an underdog because of the opponents hype.

What’s the odds of winning for the underdog? Its too low to some players but if the underdog is also a good one considering his personal skills, then that could be a food underdog. Just like last on recent event on eSport, the winner on Dota is the underdog yet they are able to win the title. There’s a big risk on putting money to the underdog but if you see potential on them, why not place a bet.

Mahanton

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Quote from: ene1980 on November 06, 2021, 05:01:26 PM

Quote from: molsewid on November 06, 2021, 10:56:28 AM

~
In my case if ever I am not really familiar with a match I am not going to bet even a few coins but of course there's an exceptional depend on how hype the game is. In the same case like having an interest to bet in an unfamiliar match I would always go choose to bet on the crowd favorite but I'd still going to make my own research about the game so it would depend on what the players recent records, skills, potential and capability too

In sports you can expect an upset anytime, i always follow the fitness level of the main players if it is a team sport and if it is individual sport, the same the fitness level and when was their last game and how they performed.

Sometimes you get lucky as the odds maker gives you a champion as an underdog because of the opponents hype.

Upsets could really happen anytime yet there's no such thing about being guaranteed win even though you could see that a certain fighter is really way too gap in terms or

ability or power or something like that because there are really indeed times which tables could turn upside down which means that the one you've been lookin which is
good might be beaten down by underdog.

This is why we do see several bettors did really make out considerations on betting to those who are less favorite due to some factors.

ene1980

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Quote from: molsewid on November 06, 2021, 10:56:28 AM

~
In my case if ever I am not really familiar with a match I am not going to bet even a few coins but of course there's an exceptional depend on how hype the game is. In the same case like having an interest to bet in an unfamiliar match I would always go choose to bet on the crowd favorite but I'd still going to make my own research about the game so it would depend on what the players recent records, skills, potential and capability too

In sports you can expect an upset anytime, i always follow the fitness level of the main players if it is a team sport and if it is individual sport, the same the fitness level and when was their last game and how they performed.

Sometimes you get lucky as the odds maker gives you a champion as an underdog because of the opponents hype.

DoublerHunter

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Quote from: molsewid on November 06, 2021, 10:56:28 AM

Quote from: MonsterV on November 06, 2021, 07:06:05 AM

If I'm not really familiar with a match and I only have few coins left I would definitely not go with the underdog since I really don't care whether I lose or not but if I have a decent amount of bet and there's no other events to place bet on then of course I will try to dig more information in regards with the underdog, we are not sure what they are capable at and they might have a chance on winning.

In my case if ever I am not really familiar with a match I am not going to bet even a few coins but of course there's an exceptional depend on how hype the game is. In the same case like having an interest to bet in an unfamiliar match I would always go choose to bet on the crowd favorite but I'd still going to make my own research about the game so it would depend on what the players recent records, skills, potential and capability too

^ A very wise decision and yet, not all underdogs odds have a chance to win.
So here comes that all are expected that the team or player will be loose but we always have an unexpected result which is possible that the team or player that has an underdog could be a win and the crowd odds will be loose. It could be 10% of winning over 100 and there is a small chance that only you will or it could be based on luck. But there are gamblers who want to take a high risk, they choose the underdog over the crowd's favorite one. Nevertheless, this case on mine has a case-to-case basis and it could be based on my research.

Doell

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for now if that's is me ,of course I want choose more odds and it's all about gambling for faster profits! and I think also if lose is that's win a delayed ! and there no opportunity to analyze then I must dare to make decisions about losing and winning later affairs too but if there is another choice on next day and waiting for that choice ,then I will wait for it ! x play safe in half balance is better

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Quote from: Silberman on November 06, 2021, 01:36:25 PM

Quote from: BitcoinAccepted on November 04, 2021, 12:59:07 AM

If I have some spare amount and wanted to place bets of unknown matches? First thing I will do is to make a simple search on the internet about those two teams and probably watch a few games or highlights or previous data for both teams. It's free and well I don't want to place bets randomly even though it shows on the odds who has an advantage but it was an underdog and we are not sure what they are capable of.

That is the sensible way to go about this, however not everyone enjoys researching the matches and try to choose the team that has the best odds to win the game, they prefer to gamble and take risks and as long as they keep control of their capital going for the underdog can be a good way to enjoy their gambling while at the same time have some decent shoot a multiplying their capital, personally this is not my betting style but I can understand the people that think that way.

because indeed this is a pretty good choice to get a high prize.
on the other hand they think that this will make them get a different challenge because surely the sensation they have will be different.
regardless of the results it will be very difficult to predict but it would be better to try something high risk with a win that is certainly bigger.

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Quote from: molsewid on November 06, 2021, 10:56:28 AM

Quote from: MonsterV on November 06, 2021, 07:06:05 AM

If I'm not really familiar with a match and I only have few coins left I would definitely not go with the underdog since I really don't care whether I lose or not but if I have a decent amount of bet and there's no other events to place bet on then of course I will try to dig more information in regards with the underdog, we are not sure what they are capable at and they might have a chance on winning.

In my case if ever I am not really familiar with a match I am not going to bet even a few coins but of course there's an exceptional depend on how hype the game is. In the same case like having an interest to bet in an unfamiliar match I would always go choose to bet on the crowd favorite but I'd still going to make my own research about the game so it would depend on what the players recent records, skills, potential and capability too

You are a conservative type of gambler, as even for yolo you'll not go to be a careless one but instead you will either go for favorites or research for much deeper information. No doubt that there are other gamblers who have the same thinking or same mindset as yours. Even in a small amount of spare, they will still value their bets.

Not sure if that's something inside them, a pride maybe, or they just don't want to gamble the same way or they always think that it's better to gamble with chances of winning.

Whatever the reason behind, it's always two sides. Opinions are a base from experience and we do have our own one.

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Quote from: BitcoinAccepted on November 04, 2021, 12:59:07 AM

If I have some spare amount and wanted to place bets of unknown matches? First thing I will do is to make a simple search on the internet about those two teams and probably watch a few games or highlights or previous data for both teams. It's free and well I don't want to place bets randomly even though it shows on the odds who has an advantage but it was an underdog and we are not sure what they are capable of.

That is the sensible way to go about this, however not everyone enjoys researching the matches and try to choose the team that has the best odds to win the game, they prefer to gamble and take risks and as long as they keep control of their capital going for the underdog can be a good way to enjoy their gambling while at the same time have some decent shoot a multiplying their capital, personally this is not my betting style but I can understand the people that think that way.

molsewid

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Quote from: MonsterV on November 06, 2021, 07:06:05 AM

If I'm not really familiar with a match and I only have few coins left I would definitely not go with the underdog since I really don't care whether I lose or not but if I have a decent amount of bet and there's no other events to place bet on then of course I will try to dig more information in regards with the underdog, we are not sure what they are capable at and they might have a chance on winning.

In my case if ever I am not really familiar with a match I am not going to bet even a few coins but of course there's an exceptional depend on how hype the game is. In the same case like having an interest to bet in an unfamiliar match I would always go choose to bet on the crowd favorite but I'd still going to make my own research about the game so it would depend on what the players recent records, skills, potential and capability too

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Quote from: harizen on November 06, 2021, 06:33:28 AM

Quote from: Oasisman on November 04, 2021, 05:35:06 PM

Quote from: cabron on October 24, 2021, 12:12:20 AM

If you only have $10 left in your sports betting account, would you go for the champ which you can only earn $3, or go for the underdog which if he got lucky can triple your money?

As per the example, the odd gap is huge. So, there has to be a relevant reason for the odd to set that high for the underdog.
If you bet without looking at the match comparison, past performances of both fighters, records, and everything like that, is like putting a bet on the "jackpot" in the wheel of fortune.
You can't just throw away your money just because it gives you 3x the bet when the underdog wins. You have to maka a research. A consistent $3 win is always better than lossing the $10 bet in a single match.

As far as how OP constructed the post, looks like win or loss doesn't matter.

No need for me to spend time analyzing that match since OP just wants to use the left $10 on the account. After all that $10 affords to lose.

But if the situation will be serious, then that's the time it needs analysis. And definitely, I will not end up betting on a match that I don't have knowledge like the case and scenario given by the OP.

Some people don't want to let their assets and keep hoping to bet a profit even though it's just a small amount, well profit is still a profit if you think 3-10 dollars can make a great profit why not take a risk. Sometimes we just ignore the small amount of wages it's just like if we win great if we lose its okay. Sometimes betting with the underdog is can make a huge come back of earning its a high risk reward play but again not all the time underdogs can make a miracle to win.

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If I'm not really familiar with a match and I only have few coins left I would definitely not go with the underdog since I really don't care whether I lose or not but if I have a decent amount of bet and there's no other events to place bet on then of course I will try to dig more information in regards with the underdog, we are not sure what they are capable at and they might have a chance on winning.

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I'd go for the thrill for my $10 and opt to choose the underdog. If that's only a play money that I'm willing to forego for the sake of entertainment, then why not spice things up and root for an upset? $10 is neither high risk at all, and can easily be had if you have a stable job and you're just looking for some quick fun. If you're into that fighting sport anyway, that will be worth it regardless if the bet wins or lose. Just think of it like you've paid for the ticket to watch the game and there'll be no regrets on your end regarding the bet if ever you lose it.

harizen

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Quote from: Oasisman on November 04, 2021, 05:35:06 PM

Quote from: cabron on October 24, 2021, 12:12:20 AM

If you only have $10 left in your sports betting account, would you go for the champ which you can only earn $3, or go for the underdog which if he got lucky can triple your money?

As per the example, the odd gap is huge. So, there has to be a relevant reason for the odd to set that high for the underdog.
If you bet without looking at the match comparison, past performances of both fighters, records, and everything like that, is like putting a bet on the "jackpot" in the wheel of fortune.
You can't just throw away your money just because it gives you 3x the bet when the underdog wins. You have to maka a research. A consistent $3 win is always better than lossing the $10 bet in a single match.

As far as how OP constructed the post, looks like win or loss doesn't matter.

No need for me to spend time analyzing that match since OP just wants to use the left $10 on the account. After all that $10 affords to lose.

But if the situation will be serious, then that's the time it needs analysis. And definitely, I will not end up betting on a match that I don't have knowledge like the case and scenario given by the OP.

delfastTions

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All this is correct and accurate. I just thought, what if the player applies the "karma" method. He will simply toss a coin and place bets at random according to the results. Then it may be in the short term and will not lose. Or, for example, trust a neighbor's cat. Make a bet depending on which direction the cat turns its tail.
How are such methods? .
Karma, she's strong, she can help.

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Quote from: samcrypto on November 04, 2021, 05:47:08 PM

Probably someone is playing with the odds, though its not surprising to see the underdog as the favorite team it happens but if you’re a wise bettor, you’ll confirm that odds if its worth the risk or not. I personally not looking at the odds alone, i also do some research especially on knowing the team and their experiences this can be a good guide for me to bet.

Going for the underdog do not need research like that, there is a reason why going for underdogs, maybe my opinion about this is different, but my opinion is the reason I always go for underdogs, the reason which is that the team are not playing well. See Barcelona now, there are some clubs I still go for win or draw for (not very worst clubs but clubs that are still good but not as good as Barcelona before), just because Barcelona lose form. The only reason I go for underdog is because the club that is stronger has lost their form and not playing good presently.

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Quote from: AicecreaME on November 05, 2021, 11:28:56 AM

Quote from: Hamphser on November 04, 2021, 04:09:01 PM

Quote from: Betwrong on November 04, 2021, 05:59:04 AM

Quote from: Lucasgabd on November 03, 2021, 07:31:46 AM

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it's interesting how many of the principles from trading, investment and risk management can be applied to gambling

you'd never bet all you have on a fight or sports gambling, but betting <1% or even <0.0001% of what you have won't hurt at all and may be a good source of entertainment

That's what I'm saying all the time!

First of all you should have fun with your gambling. Don't want your fun has turned into disaster? Make small bets. And if you are making pretty small bets already, why don't try to bet on the underdog then? Thus if you lose, you lose not that much, but if you win it's significant compared to your bet size. It's always a pleasure to win such bets.

Not only to be a disaster but rather a frustrating and a stressful kind of game which gambling shouldnt really be on this way or like this way because we do

make bets for entertainment but well its unavoidable on not to have those kind of reactions because we do really lost up money which it is understandable

on having those kind of reactions since we are just human beings so those reactions are really pretty normal but not how it should be.

Losing in gambling is only natural and very common, and losing the remaining $10 in gambling is not stressful at all, the really stressful is when you sum up all the money you've lost in gambling and only made profits on your last bet which is smaller compare to your previous bets. It's a very common gambling trap, you'll win at first then you'll lose until it's your last bet. This kind of setup is to attract and to keep the players playing, so they'll think they could gain back their losses by continuously playing gambling.

Chasing losses was a very common scenario on most gamblers and its true that we are trying on something which we do really help out to poke up our greed and in result we do continue to play and bust up all of our money and thats the time we do completely stop.A very very common scenario or kind of behavior we do have.

Speaking with on topic replay on betting with underdog then this is something a choice made neither you do bet with the favorite or on underdog which you do seem that has the chance on winning the game/sport.

AicecreaME

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Quote from: Hamphser on November 04, 2021, 04:09:01 PM

Quote from: Betwrong on November 04, 2021, 05:59:04 AM

Quote from: Lucasgabd on November 03, 2021, 07:31:46 AM

~
it's interesting how many of the principles from trading, investment and risk management can be applied to gambling

you'd never bet all you have on a fight or sports gambling, but betting <1% or even <0.0001% of what you have won't hurt at all and may be a good source of entertainment

That's what I'm saying all the time!

First of all you should have fun with your gambling. Don't want your fun has turned into disaster? Make small bets. And if you are making pretty small bets already, why don't try to bet on the underdog then? Thus if you lose, you lose not that much, but if you win it's significant compared to your bet size. It's always a pleasure to win such bets.

Not only to be a disaster but rather a frustrating and a stressful kind of game which gambling shouldnt really be on this way or like this way because we do

make bets for entertainment but well its unavoidable on not to have those kind of reactions because we do really lost up money which it is understandable

on having those kind of reactions since we are just human beings so those reactions are really pretty normal but not how it should be.

Losing in gambling is only natural and very common, and losing the remaining $10 in gambling is not stressful at all, the really stressful is when you sum up all the money you've lost in gambling and only made profits on your last bet which is smaller compare to your previous bets. It's a very common gambling trap, you'll win at first then you'll lose until it's your last bet. This kind of setup is to attract and to keep the players playing, so they'll think they could gain back their losses by continuously playing gambling.

passwordnow

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Quote from: Ziskinberg on November 05, 2021, 09:52:30 AM

Quote from: passwordnow on November 05, 2021, 07:22:31 AM

Quote from: delfastTions on November 05, 2021, 06:55:49 AM

Quote from: passwordnow on November 05, 2021, 06:14:28 AM

You should go for the best that you think if it's your last money. It's always the way around on which you really prefer and if your last money isn't that much and you just want to take a gamble, win or lose, you're good with it then just place it wherever you're confident with.
The usual me just place it on a YOLO bet and that's the underdog and unlikely to win. So if I lose then that's okay because the amount of loss isn't that too sad to lose.

If we are talking about $ 10 and you are not a citizen living in India, then this is, of course, small money, which is not so a pity to lose. In this case, I would bet on an outsider, because when you lose, your thoughts about bets will stop, and if you win, there will be $ 13 and again you have to guess who to bet on. Is this looping necessary? And it seems like it is not necessary at all!

There are also other places that $10 is already a lot but the majority will have that amount as a spare and we're spending more on other things. That looping depends on how you'll be needing the money right away if you've won but if you haven't won then just stop and let it be a day.
And again if that scenario comes to you then you just have to do the right thing and if it didn't do good to you YOLOing that small amount of yours, don't do the same mistake then.

It depends on where you live, here is the list of hourly minimum wages of the top 20 countries.
https://worldpopulationreview.com/country-rankings/minimum-wage-by-country

Quote

1-Australia - $14.54
2-Luxembourg - $13.67
3-New Zealand - $13.18
4-Monaco - $11.88
5-Ireland - $11.54

check for the link for a full list.

I'm sure the top 5 countries can afford to bet $10 in a game as they are making at least $10 per hour, but for some countries who barely make $10 per day in a 8 hours of working, that's really huge enough and it I would say they cant' afford to gamble that huge amount of money.

Even not on that top 5 list, there really are countries that would have $10 as not that much. I do understand that there are countries that have low GDP and have very small salaries.
But it's about you're gambling, if life is hard in the country you're living in and you think that $10 is that much then you shouldn't gamble in the first place if you feel regret of gambling that amount.

Ziskinberg

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Quote from: passwordnow on November 05, 2021, 07:22:31 AM

Quote from: delfastTions on November 05, 2021, 06:55:49 AM

Quote from: passwordnow on November 05, 2021, 06:14:28 AM

You should go for the best that you think if it's your last money. It's always the way around on which you really prefer and if your last money isn't that much and you just want to take a gamble, win or lose, you're good with it then just place it wherever you're confident with.
The usual me just place it on a YOLO bet and that's the underdog and unlikely to win. So if I lose then that's okay because the amount of loss isn't that too sad to lose.

If we are talking about $ 10 and you are not a citizen living in India, then this is, of course, small money, which is not so a pity to lose. In this case, I would bet on an outsider, because when you lose, your thoughts about bets will stop, and if you win, there will be $ 13 and again you have to guess who to bet on. Is this looping necessary? And it seems like it is not necessary at all!

There are also other places that $10 is already a lot but the majority will have that amount as a spare and we're spending more on other things. That looping depends on how you'll be needing the money right away if you've won but if you haven't won then just stop and let it be a day.
And again if that scenario comes to you then you just have to do the right thing and if it didn't do good to you YOLOing that small amount of yours, don't do the same mistake then.

It depends on where you live, here is the list of hourly minimum wages of the top 20 countries.
https://worldpopulationreview.com/country-rankings/minimum-wage-by-country

Quote

1-Australia - $14.54
2-Luxembourg - $13.67
3-New Zealand - $13.18
4-Monaco - $11.88
5-Ireland - $11.54

check for the link for a full list.

I'm sure the top 5 countries can afford to bet $10 in a game as they are making at least $10 per hour, but for some countries who barely make $10 per day in a 8 hours of working, that's really huge enough and it I would say they cant' afford to gamble that huge amount of money.

Topic: Going for the Underdog or Not? (Read 1142 times)