Going for the Underdog or Not? - page 2.

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

Quote from: passwordnow on November 05, 2021, 05:14:28 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.

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

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!

I think the idea of trying to go for the underdog or not is lost under the premise of how much money you have left to bet though? Just go for the underdog if you think they'd win really, no matter the amount you'd bet. I mean, it's called betting for a reason after all, and letting yourself get stopped due to money issues seems like something a gambler-ish reason since you know, you are gambling and money was always never an issue when doing so imo.

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Quote from: passwordnow on November 05, 2021, 05:14:28 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!

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Quote from: hahay on November 04, 2021, 09:42:11 PM

Quote from: passwordnow on November 04, 2021, 06:45:27 PM

Quote from: Zilon on November 04, 2021, 09:47:04 AM

But Instead of risking all $10 on either the underdog nor the favorite athlete if I can't get quality statistics of both fighters I would rather split the $10 unevenly then bet on each fighter this way no matter the outcome I wouldn't be in total loss. Risking all $10 means the statistics of either fighter portrays strength for a sure win otherwise the sharing method is what I adopt

That amount as per example isn't that much and that's why to put that on any fighter or team that you prefer whether it will be against the odds or the other. I don't think that risking $10 would mean a lot but I know that there are countries where that's already that much. But honestly, it's an affordable amount to lose and if there's a big chance for the better odds to place that bet on that fighter then I'll be fine to do that and risk it with a possible high chance of win if the underdog wins.

Yes it depends, because usually I also bet on multiple matches with each bet being more or less $10 from each bet I make, both singles and parlays. But regarding the all-in bet on the last hope with the remaining money, then I think betting on the favorite athlete is the right choice because if you have to go to the underdog at least it requires preparation. This means, when we only have one more chance to double the money, then we only need to look for a favorite athlete with fairly good odds, because then our chances of winning are greater and we can continue betting if we win.

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.

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Quote from: Kemarit on October 23, 2021, 11:54:13 PM

....
Unless you are really a gambler who loves to bet on the underdog in every fight and you are extremely lucky.

I accidentally saw this post.
I just never thought that this way of placing bets is quite interesting because you can also win (you can say that by chance, of course). However, the winnings will be serious, for example, as OP says here, 3 times at once.
But in general, this method is just such an interesting way of entertainment, when you know in advance that you will almost certainly lose. And at the same time treat it with humor. just like a joke.

I wonder how long you can play like that, constantly betting on an outsider.
Alas, probably not for long.

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Quote from: hahay on November 04, 2021, 09:42:11 PM

Quote from: passwordnow on November 04, 2021, 06:45:27 PM

Quote from: Zilon on November 04, 2021, 09:47:04 AM

But Instead of risking all $10 on either the underdog nor the favorite athlete if I can't get quality statistics of both fighters I would rather split the $10 unevenly then bet on each fighter this way no matter the outcome I wouldn't be in total loss. Risking all $10 means the statistics of either fighter portrays strength for a sure win otherwise the sharing method is what I adopt

That amount as per example isn't that much and that's why to put that on any fighter or team that you prefer whether it will be against the odds or the other. I don't think that risking $10 would mean a lot but I know that there are countries where that's already that much. But honestly, it's an affordable amount to lose and if there's a big chance for the better odds to place that bet on that fighter then I'll be fine to do that and risk it with a possible high chance of win if the underdog wins.

Yes it depends, because usually I also bet on multiple matches with each bet being more or less $10 from each bet I make, both singles and parlays. But regarding the all-in bet on the last hope with the remaining money, then I think betting on the favorite athlete is the right choice because if you have to go to the underdog at least it requires preparation. This means, when we only have one more chance to double the money, then we only need to look for a favorite athlete with fairly good odds, because then our chances of winning are greater and we can continue betting if we win.

Not a good idea for me, when you say favorites, what I understand is you took an odds like 1.30 as they are likely gonna win, but not all the time. So taking the underdog really requires some balls as a gambler and it wouldn't be hard if you yourself do study the match and analyze it well.

What I learned in sports betting is that don't bet on all the games, choose a game that you think you can win, you know what I'm saying. As they say, it's quality over quantity and that's my simple strategy.

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Quote from: cabron on October 23, 2021, 11:12:20 PM

I'm not sure if this had been asked before. This is just an example of some odds that I saw recently Fighter A (1.30) vs Fighter B (3.65). With this obviously, Fighter A is the people's champ and Fighter B is the underdog.

Regardless of who is bigger and undefeated record, let's say you have no idea who these fighters are because the names can't even be read like Ulshrkubyki vs Ykwehgyfvbh. 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?

I think something like this you can do a few things first.
you are confused about the fighter because you are not sure about them. I'm not sure this can be triggered by several things, including that you don't really know these two fighters well.
and the most likely thing is to see the statistics they have done besides that you can also see both in the headtohead and the winning records of these two fighters.
I think it's pretty good compared to you choosing randomly without any research first.

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Quote from: passwordnow on November 04, 2021, 06:45:27 PM

Quote from: Zilon on November 04, 2021, 09:47:04 AM

But Instead of risking all $10 on either the underdog nor the favorite athlete if I can't get quality statistics of both fighters I would rather split the $10 unevenly then bet on each fighter this way no matter the outcome I wouldn't be in total loss. Risking all $10 means the statistics of either fighter portrays strength for a sure win otherwise the sharing method is what I adopt

That amount as per example isn't that much and that's why to put that on any fighter or team that you prefer whether it will be against the odds or the other. I don't think that risking $10 would mean a lot but I know that there are countries where that's already that much. But honestly, it's an affordable amount to lose and if there's a big chance for the better odds to place that bet on that fighter then I'll be fine to do that and risk it with a possible high chance of win if the underdog wins.

Yes it depends, because usually I also bet on multiple matches with each bet being more or less $10 from each bet I make, both singles and parlays. But regarding the all-in bet on the last hope with the remaining money, then I think betting on the favorite athlete is the right choice because if you have to go to the underdog at least it requires preparation. This means, when we only have one more chance to double the money, then we only need to look for a favorite athlete with fairly good odds, because then our chances of winning are greater and we can continue betting if we win.

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Quote from: Fatunad on November 04, 2021, 06:51:51 PM

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

Quote from: cabron on October 23, 2021, 11:12:20 PM

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.

Bookies do know on how to set out odds basing on those players/teams stats and past performances and of course they would really be looking on community behavior on
which one is highly favorite.

They wouldnt really just set out without any basis because this is a big business and of course those odds gaps does really mean everything even just on moving
with double digits.

And they are also going to make money out of it. It's just a matter of luck I guess when you go for underdogs. It's a long shot to bet for the jackpot in the wheel of fortune but it happens.

Weili vs Namajunas in their fight was that Namajunas was the underdog, she always wins when it comes to fighting a high profile MMA fighter. Hitting the jackpot twice is just too good so she definitely isn't an underdog in thier 2nd fight this Sunday. The odds however are just not looking good.

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

Quote from: cabron on October 23, 2021, 11:12:20 PM

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.

Bookies do know on how to set out odds basing on those players/teams stats and past performances and of course they would really be looking on community behavior on
which one is highly favorite.

They wouldnt really just set out without any basis because this is a big business and of course those odds gaps does really mean everything even just on moving
with double digits.

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Quote from: Zilon on November 04, 2021, 09:47:04 AM

But Instead of risking all $10 on either the underdog nor the favorite athlete if I can't get quality statistics of both fighters I would rather split the $10 unevenly then bet on each fighter this way no matter the outcome I wouldn't be in total loss. Risking all $10 means the statistics of either fighter portrays strength for a sure win otherwise the sharing method is what I adopt

That amount as per example isn't that much and that's why to put that on any fighter or team that you prefer whether it will be against the odds or the other. I don't think that risking $10 would mean a lot but I know that there are countries where that's already that much. But honestly, it's an affordable amount to lose and if there's a big chance for the better odds to place that bet on that fighter then I'll be fine to do that and risk it with a possible high chance of win if the underdog wins.

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

Quote from: cabron on October 23, 2021, 11:12:20 PM

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.

^ There are no advantages when a player will become an underdog, in comparison, the underdog has always disadvantages than the fighter that has the odds in his favor. The proper research will increase your chances of winning if you will choose the underdog player in a match, but it is very risky because it seldom happens that the underdog will win. So technically, you are still in gambling that you don't know what is the result after all. It is really has a big profit once the underdog will win it could multiply your bet for how many times.

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

Quote from: cabron on October 23, 2021, 11:12:20 PM

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.

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.

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Quote from: cabron on October 23, 2021, 11:12:20 PM

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.

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Quote from: Rruchi man on October 23, 2021, 11:48:38 PM

Quote from: cabron on October 23, 2021, 11:12:20 PM

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?

First if you are not certain about the Fighters, you do your research and check statistics from their very recent encounters, before you place your bet. You check their preparations for the encounter. Fighter A the champ may just be an overhyped fighter with old glory, who may loose as a result of underestimating the underdog, who in some cases train very hard and when they are out to fight, you see the hunger in them to win. I am a risk take plus I like big wins, i may decide to risk it and bet on the underdog knowing a win will bring big profit.

I think there could be youtube videos of those fighters, of them, saying how hard they worked for the match, etc.

Also as Ruchi mentioned their statistics speak a lot.
Today for example is the game of DWG vs EDG in LoL worlds.
DWG here has been undefeated till now and has also Defeated T1 which was superior to EDG (Statistically speaking).
So there's a good chance DWG will win this and the odds for DWG are around 1.3x

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

Quote from: Lucasgabd on November 03, 2021, 06:31:46 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.

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Quote from: KTChampions on November 01, 2021, 02:00:08 AM

Quote from: mindrust on November 01, 2021, 01:53:59 AM

When they mess up though, they usually cancel the bets on that game. I have seen it before. Every once is a while you get lucky and get away with it but if the bookie was losing big amounts because of that bag, they can always cancel the bets and say that it is their right to do so. They are not in the money losing business in the end. The players are.

Yes, I also saw this sometimes, but usually it happens even before the start of the fight, since the bookmakers see a big imbalance in the bets and do not want to take risks (suspecting a contractual fight or something like that). But these are the rarest events compared to the total number of fights. We can assume that bookmakers rarely make mistakes. Or they understand that the frequent cancellation of accepted bets will scare betters away.

True. If they were doing these mistakes constantly, they wouldn't have that business going for a long time. The thing is, there are many casinos which take their data from many different data providers. So it is not like there is only one casino/data provider which calculates the odds of every game there is. There are multiple sources which makes the players' job easier if they want to find those "odd" games.

That's also why arbitrage betting is not allowed on casinos. They don't want you to look for these mistakes.

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It's more ideal it happens on sports game bet, this kind of bet always happen fighting player against the underdog some people think it's already a win-win situation but again it's sports anything can happen no one knows that an underdog can win the game looks like a high risk-reward sometimes people. makes a YOLO bet or betting to underdogs just to risk and double up their money. But again not all the time it happens so there is a chance people will choose up the secured bet which is on the side of the higher chance to win.

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Quote from: Zilon on November 04, 2021, 09:47:04 AM

Quote from: BitcoinAccepted on November 03, 2021, 11:59:07 PM

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.

But Instead of risking all $10 on either the underdog nor the favorite athlete if I can't get quality statistics of both fighters I would rather split the $10 unevenly then bet on each fighter this way no matter the outcome I wouldn't be in total loss. Risking all $10 means the statistics of either fighter portrays strength for a sure win otherwise the sharing method is what I adopt

There are times when we play for fun and there are times when we play to win and both of them have their own specifications.
I use the same strategy whenever I play to win and divide my amount such that whatever range I put in gets me total profit.
The rest of the times when I play for fun I go all in and risk it all in a single bet.
So it actually depends on what our priorities are.

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Quote from: Zilon on November 04, 2021, 09:47:04 AM

Quote from: BitcoinAccepted on November 03, 2021, 11:59:07 PM

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.

But Instead of risking all $10 on either the underdog nor the favorite athlete if I can't get quality statistics of both fighters I would rather split the $10 unevenly then bet on each fighter this way no matter the outcome I wouldn't be in total loss. Risking all $10 means the statistics of either fighter portrays strength for a sure win otherwise the sharing method is what I adopt

That is not always what a typical gambler does; no total loss is just not gaming. Some people will constantly take a risk in order to get a faster profit; this is natural in gambling because it is not gambling if there is no risk at all. But, yes, we all have different gambling tastes, and sometimes we need to play it cautious in order to keep our money.

Topic: Going for the Underdog or Not? - page 2. (Read 1149 times)