Going for the Underdog or Not? - page 5.

mindrust

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Quote from: 7788bitcoin on October 31, 2021, 02:41:29 PM

Quote from: UmerIdrees on October 31, 2021, 01:38:19 PM

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Well, we are assuming that the person who is betting on the underdog have complete knowledge before he is placing the bet on underdog team.
Without knowing the teams strength, the person won't know if the team he is betting is underdog or favorite. Sometime the big difference in the odds also tell this information but you need to be clever to find it out.

Sometimes the bookies mess up with the odds especially in the fight game and the possibility of underdog winning the fight is a real possibility especially in MMA, in boxing majority of the fights are won by heavy favorites but in MMA it is completely different and if you take a chance then there is a possibility that you could win a decent amount.

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 game, 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.

bakasabo

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Depends in what sports it is and who is competing. For example, I would not bet on an underdog in basketball if team USA is playing against someone like Sweden or Finland; county where basketball is unpopular. But in a combat sport for example, I would consider betting on underdog, because one punch can change whole fight. However, I would not make a bet on underdog, if the difference between odds is too big. If someone has 1,0x odd, and other has 5+, then I would resist betting, as I dont believe in miracles.

Wawa2013

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Quote from: molsewid on November 01, 2021, 01:17:15 AM

Quote from: boltz on October 31, 2021, 04:42:10 PM

If the underdog really needs to win or they will come to fight with all their powers , then yes , you can bet on the underdog but if this 2 are not present ...I would stay away from them. Remember that anyone can trow games even if they don't realize it ...it's just pure basic things that happens to all of us so from time to time big teams or the favorites will lose and the underdog will come on top OR the favorite is getting a bad day and underdog are now at the same level with the favorites...then yes , another great option to go for underdog but how often is this happening ? Not so often.

As a bettor we often check the skills and potential of a fighter or players before we were going to place a bet on favor of them. Betting in underdog is quite risky if you knew already that the player or fighter is less advantage than the other then expect that you would only going to lose your money. However, there are some underdogs too that was worth betting for provided that you see the full capacity of a fighter that he could stand out for a long fight in oppose to his opponents, but if ever he couldn't then why bothering betting on them.

Betting on the underdog is very risky, we must really analyze in depth the situation and condition of the underdog player. If the results of our
analysis show that the underdog player is in good condition and has a high fighting spirit, of course have a chance to win and there is no harm
in trying to bet on the underdog. Even so, the chance of winning the underdog is very small, so why bet on the underdog can generate a much
bigger profit. To be honest, only a few times have I tried betting on the underdog, because many times I have lost my money because I ventured
to bet on the underdog. I prefer to bet on my favorite players, because my winning percentage is higher. Maybe I'm just unlucky every time I bet
on the underdog.

ralle14

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Quote from: molsewid on November 01, 2021, 01:17:15 AM

As a bettor we often check the skills and potential of a fighter or players before we were going to place a bet on favor of them. Betting in underdog is quite risky if you knew already that the player or fighter is less advantage than the other then expect that you would only going to lose your money. However, there are some underdogs too that was worth betting for provided that you see the full capacity of a fighter that he could stand out for a long fight in oppose to his opponents, but if ever he couldn't then why bothering betting on them.

That's already a given on most underdogs as bookies are usually one step ahead when it comes to providing odds but we have our own view when it comes to estimating odds. Sometimes it also depends on their fighting style where certain fighters shine within the early phase of the match. Others bet on the underdogs just for the sake of value even if they know the underdog will likely lose or if the odds are way too one sided then there's no harm in throwing a small stake on it.

worle1bm

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Quote from: Oshosondy on October 24, 2021, 03:30:24 AM

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

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?

One thing about gambling is that it is fun, you can go for any team that you like while using the amount of money you can lose and not think about because it is a very small amount of money compared to the amount you are collecting monthly. Using $10 for gambling is not bad at all, but there are some games I can go for either strong team A or weak team B. If team A has lost form, I can go for team B at times but only in few times that I believe team B might win, it has happened many times before. But normally I will prefer to go for team A if the team is stronger than team B rather than losing my money.

Even if the amount like $10 is low but you should not place bet if you are having any doubts regarding it like you don't know the both sides and their past performance as it can determine their current results and you bets should be made on these facts and figures as pointed out above but if say we just want to have blind fun then going for $10 is fine and results can shock you with win in that case also.

molsewid

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Quote from: boltz on October 31, 2021, 04:42:10 PM

If the underdog really needs to win or they will come to fight with all their powers , then yes , you can bet on the underdog but if this 2 are not present ...I would stay away from them. Remember that anyone can trow games even if they don't realize it ...it's just pure basic things that happens to all of us so from time to time big teams or the favorites will lose and the underdog will come on top OR the favorite is getting a bad day and underdog are now at the same level with the favorites...then yes , another great option to go for underdog but how often is this happening ? Not so often.

As a bettor we often check the skills and potential of a fighter or players before we were going to place a bet on favor of them. Betting in underdog is quite risky if you knew already that the player or fighter is less advantage than the other then expect that you would only going to lose your money. However, there are some underdogs too that was worth betting for provided that you see the full capacity of a fighter that he could stand out for a long fight in oppose to his opponents, but if ever he couldn't then why bothering betting on them.

TimeTeller

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Quote from: Oilacris on October 31, 2021, 04:45:01 PM

Quote from: crzy on October 31, 2021, 04:22:45 PM

Quote from: Gosgosking on October 31, 2021, 01:57:01 PM

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.

We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.

Betting on underdog is more risky than you do tend to bet with the favorites because you do know that it is likely to win of course on whose the favorite most of the time which thats why there would be lots of factors on why you do consider out on betting with underdog.

Upsets could really happen thats why some people are really fan on making out bets with underdogs or less favorite but you should bare
in mind that it do only seldom happen or not most of the time.

You could eventually spot it out if there's some chance of comeback or some sort of that despite of the gap.

A recent upset just happened in boxing between Caraballo and Sultan.
The odds before the fight for Sultan was about 5.x, so Caraballo was the heavy favorite because he has 0-loss record.
So sometimes, it is really worth betting on underdog especially if you know the caliber of the underdog.
But I do agree, most of the time, bookies are giving odds based on the likelihood of the results.

Oilacris

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Quote from: crzy on October 31, 2021, 04:22:45 PM

Quote from: Gosgosking on October 31, 2021, 01:57:01 PM

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.

We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.

Betting on underdog is more risky than you do tend to bet with the favorites because you do know that it is likely to win of course on whose the favorite most of the time which thats why there would be lots of factors on why you do consider out on betting with underdog.

Upsets could really happen thats why some people are really fan on making out bets with underdogs or less favorite but you should bare
in mind that it do only seldom happen or not most of the time.

You could eventually spot it out if there's some chance of comeback or some sort of that despite of the gap.

boltz

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If the underdog really needs to win or they will come to fight with all their powers , then yes , you can bet on the underdog but if this 2 are not present ...I would stay away from them. Remember that anyone can trow games even if they don't realize it ...it's just pure basic things that happens to all of us so from time to time big teams or the favorites will lose and the underdog will come on top OR the favorite is getting a bad day and underdog are now at the same level with the favorites...then yes , another great option to go for underdog but how often is this happening ? Not so often.

iv4n

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Quote from: UmerIdrees on October 31, 2021, 01:38:19 PM

~
Well, we are assuming that the person who is betting on the underdog have complete knowledge before he is placing the bet on underdog team.
Without knowing the teams strength, the person won't know if the team he is betting is underdog or favorite. Sometime the big difference in the odds also tell this information but you need to be clever to find it out.

I agree with you, but I must point one thing, it's important how big we bet! Is it some low amount just for fun, to support your favorite team/player even they are underdogs, or you bet with some higher amount on a single game/match and you believe that underdog can bring you a nice profit!

To not even comment on the first one, people can bet for fun on underdogs for all sorts of reasons. The second one is something more serious, and for that, someone should have complete knowledge about the game, about how that sport works, how odds work... and maybe more important that someone should be brave enough to place that bet!

Why am I saying all this... the other day I had a feeling that Juventus will lose against Verona! I had knowledge, I even researched that specific game, but in the end, I wasn't brave enough to place that bet! I played it with a low amount, but I could win more if I had more courage! So it's not everything in knowledge, researches, bankroll... sometimes it's all about are you brave enough to make a move!

crzy

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Quote from: Gosgosking on October 31, 2021, 01:57:01 PM

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.

We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.

timerland

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Quote from: Gosgosking on October 31, 2021, 01:57:01 PM

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.

Yeah exactly.

You have to look at the expected returns of every single option that is available to you, not just the raw probabilities.

I think that is something that people tend to confuse a lot of the time. Just because an option is more/less likely doesn't mean that it will deliver you better outcomes.

7788bitcoin

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Quote from: UmerIdrees on October 31, 2021, 01:38:19 PM

~
Well, we are assuming that the person who is betting on the underdog have complete knowledge before he is placing the bet on underdog team.
Without knowing the teams strength, the person won't know if the team he is betting is underdog or favorite. Sometime the big difference in the odds also tell this information but you need to be clever to find it out.

Sometimes the bookies mess up with the odds especially in the fight game and the possibility of underdog winning the fight is a real possibility especially in MMA, in boxing majority of the fights are won by heavy favorites but in MMA it is completely different and if you take a chance then there is a possibility that you could win a decent amount.

Gosgosking

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When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.

UmerIdrees

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Quote from: mu_enrico on October 27, 2021, 09:22:40 AM

Underdogs still have the chance to win, and not everyone is an analyst. You can bet on underdogs if you can analyze their stats, strengths, weaknesses, etc. If there're no stats available, just forget about it and pick more reputable matches. The odds, favorite vs underdog is meaningless, if you can't even make some educated guess.

Well, we are assuming that the person who is betting on the underdog have complete knowledge before he is placing the bet on underdog team.
Without knowing the teams strength, the person won't know if the team he is betting is underdog or favorite. Sometime the big difference in the odds also tell this information but you need to be clever to find it out.

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Quote from: Silberman on October 31, 2021, 01:06:20 PM

Quote from: KTChampions on October 26, 2021, 07:22:35 AM

Such bets exist - arbitrage, another thing is that they are quite rare and with a small percentage of profit. As for the greater profit from bets with high risk, this is an illusion - bookmakers set the odds in such a way that, if we consider a long distance, the percentage of loss of the deposit will be the same when placing a bet with any odds.

And even if in theory arbitrage bets should not have any risk associated with them we know this is not exactly true, the first risk is to be actually fast enough to to bet on both markets and get the arbitrage bet, you need to use the exact amount of money on both markets and any mistake when you type the amount means that you will not make the arbitrage bet, and finally if a game is canceled or something happens during the event you made your bet you could still lose money as different casinos have different policies regarding some specific circumstances of the sport in which placed your arbitrage bet.

I would not exaggerate the risk of such bets. As far as I know, the first bet is mainly placed first on the free p2p markets. The second closing bet is placed closer to the start of the match (or even live) with a regular bookmaker. We can say that the conditions are quite comfortable, but in fact, if we got a bet with an advantage, then there is no point in turning it into a guaranteed bet (and paying an additional margin to the second bookmaker), it is enough just to wait for the result - it will be positive at a distance.

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Yesterday was a day where a lot of underdogs even if didn't win at least with a double chance which still is a really high odd for them could get you big money.I will name a few big names that screw up big time yesterday which are Juventus in Serie A losing against Verona and Liverpool together with Manchester City screwing up in the Premier League.If you would have choose the underdogs for these games you would have made quite some money yesterday.So the overall conclusion is that sometimes we should try the underdogs for big wins.

Silberman

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Quote from: KTChampions on October 26, 2021, 07:22:35 AM

Quote from: Saint-loup on October 25, 2021, 11:12:54 AM

But you will never get any assurance when you bet, otherwise it's not a true bet anymore, it's a rigged one. People are betting against each other because there is always a part of uncertainty, if the outcome is certain no one will be ready to pay anything for that. When you bet you are just buying a risk, higher risk giving higher ROI.

Such bets exist - arbitrage, another thing is that they are quite rare and with a small percentage of profit. As for the greater profit from bets with high risk, this is an illusion - bookmakers set the odds in such a way that, if we consider a long distance, the percentage of loss of the deposit will be the same when placing a bet with any odds.

And even if in theory arbitrage bets should not have any risk associated with them we know this is not exactly true, the first risk is to be actually fast enough to bet on both markets and get the arbitrage bet, you need to use the exact amount of money on both markets and any mistake when you type the amount means that you will not make the arbitrage bet, and finally if a game is canceled or something happens during the event you made your bet you could still lose money as different casinos have different policies regarding some specific circumstances of the sport in which you placed your arbitrage bet.

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Quote from: xSkylarx on October 28, 2021, 08:12:29 AM

Quote from: michellee on October 27, 2021, 08:45:42 PM

Quote from: Quidat on October 27, 2021, 03:30:23 PM

Quote from: michellee on October 27, 2021, 10:57:16 AM

Quote from: lienfaye on October 26, 2021, 11:32:39 PM

A little research can help you to decide in that kind of situation. Thats the edge of sports betting compared to other gambling games, we can somehow predict who's going to win depending on the background and previous fights of a player (team) so we can get an idea.

If you like to take risk then go for the underdog, otherwise, go to the people's champ. For me, it depends on their background, underdog doesnt necessarily mean he's not capable of winning, its just that he is not the favorite.

The research for the match will help us determine which player or team has more chances to win. Going with the underdog or the opposite will depend on the result of the research itself but it is better not to place all of the amounts if you think you can use it for the next match. If you think that your chance at that time is big, you can use all of the money to throw to the team that you select.

Dont really have that kind of habit on going all in no matter how sure i am on said or particular game because we know that upset could really happen and if you are in doubt then testing out with small amounts isnt really that a bad idea but the urge or the emotion that we do have would tell the opposite thing thats why peoples betting habit does really vary because some are way too impulsive and some does have that good self control and wont be tending to bet on one go.So it does vary.

Going all in will depend on how good our research is because if we have valid data after research, we will be sure to throw in the money to the player or team that has a big chance to win. It is normal to see some gamblers do that because their expectation of winning at that time will be bigger. But if we do not have to get valid data about the match, we do not have to force ourselves to still place the bet on that match because there are other matches we can place the bet. Maybe we need to adapt the situation on the Sportsbook and only place the bet in the match that we know who is the player or the team.

But, if luck is on our side, I believe we can win. However, you are correct in that we should conduct research or, at the very least, follow the team or player on whom we are betting, because it is money, and we should bet on a certain winner. However, most people who bet on sports are either very knowledgeable about the sport or very familiar with the player or team on which they are betting, as it is extremely difficult to bet if you have no background or even if you do not know who you are betting on.

That is IF luck is on our side but we should remember that luck will not always be on our side. We need to realize that we need to research or follow the team or player, as you said. You are right in saying that most people who bet on sports will have knowledge about what they bet. But if we do not have any information or know what team we should pick, we do not have to force ourselves and risk the money. Many sports bet that we can pick and maybe our luck will come to the other sports so we can win on that sports.

Silberman

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Quote from: chaser15 on October 25, 2021, 07:44:42 PM

Quote from: Lanatsa on October 25, 2021, 06:55:39 PM

This is where betting makes interesting and thrilling because upsets could really happen but of course you would really be needing too analyze it carefully about probabilities.

No need for any analysis or research. It's not thrilling anymore if you bet your $10 on a low odds (1.3) because surely if we will analyze the match beforehand, it will be favored to the one that got the low odds.

Make it simple and Op should just bet on odds of 3.65. It's more exciting to wait for the result. Even it loses, it's not that painful to lose $10. And if won, a good prize in return.

That is the thing, I understand why the OP may want advice on how to better use those 10 dollars because that is something that I do myself and I do everything I can to improve my chances to select the right bet for the right odds, but at the same time there is nothing wrong with truly gambling once in a while, after all we are talking about just 10 dollars so if we lose them it is not a big deal while we will still obtain great fun out of it.

Topic: Going for the Underdog or Not? - page 5. (Read 1142 times)