Going for the Underdog or Not? - page 6.

KTChampions

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Quote from: goinmerry on October 27, 2021, 08:37:23 PM

We should ask OP if he has the goal of making that $10 into something good profit. There's no need for any research or analyzation if he just wants to risk that $10 without the feeling he will regret it later. For me, that's a lazy thing to do. Why should I start at $10 in the first place? That's why no questions should be asked here and OP should just bet that $10 on that @3 odds without hesitation.

But if he plans to rally start at that capital, then go ahead and try to ride the Favorite low odds. It will take time and I salute OP for his patience lol.

If he wants to start rallying to some significant amount starting from 10 dollars, then first he must seriously reduce the size of the bet (for example, 10 times) Cheesy

Because even betting on a "reliable" odds of 1.3, on average, a player will lose 23 bets out of 100. This is a rather serious risk of ending the rally at the very first step.

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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.

That's true. If you can't analyse the odds by yourself it's more like a dice game, roulette, or any other purely luck-based game. And since, indeed, it's never 100% guaranteed that the underdog will lose, I'd bet on the underdog in this case. Just like I like betting with 1% win chance, or lower, in a dice game, and I prefer high volatility slots to low-medium volatility ones. The probability of your winning is so low that you are not expecting it, and that's why it feels so good to actually win.

xSkylarx

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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.

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Quote from: Lanatsa on October 27, 2021, 05:59:32 PM

Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

If you pick the underdog earlier from NBA games, most of them won.

They're some gamblers who are brave enough to take this kind of pick, but no more can do handle that, especially if you
only have some money and you still want to extend your game.

But for those who know how to Yolo, they are okay taking that big risk and hope they'll win. Is all up to your
luck to win that last penny..

michellee

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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.

goinmerry

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Quote from: molsewid on October 27, 2021, 07:37:57 PM

Quote from: Lanatsa on October 27, 2021, 05:59:32 PM

Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

Thinking about betting on a game which you don't have enough knowledge i'll bet you would also go to bet where the crowd favourite is unless you knew about the players or fighter s capability. Betting on underdog is quite small compare to a favourite but as long as you know the game your betting approach will vary and you will have your own decision and not getting influenced by others opinion. So in terms of betting it is better to have an idea on what's your going to do.

We should ask OP if he has the goal of making that $10 into something good profit. There's no need for any research or analyzation if he just wants to risk that $10 without the feeling he will regret it later. For me, that's a lazy thing to do. Why should I start at $10 in the first place? That's why no questions should be asked here and OP should just bet that $10 on that @3 odds without hesitation.

But if he plans to rally start at that capital, then go ahead and try to ride the Favorite low odds. It will take time and I salute OP for his patience lol.

molsewid

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Quote from: Lanatsa on October 27, 2021, 05:59:32 PM

Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

Thinking about betting on a game which you don't have enough knowledge i'll bet you would also go to bet where the crowd favourite is unless you knew about the players or fighter s capability. Betting on underdog is quite small compare to a favourite but as long as you know the game your betting approach will vary and you will have your own decision and not getting influenced by others opinion. So in terms of betting it is better to have an idea on what's your going to do.

Lanatsa

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Quote from: Yogee on October 27, 2021, 05:52:35 PM

Quote from: 24Kt on October 26, 2021, 07:15:20 PM

If you are not worried about the amount you will bet on underdog, then, go for it. If you are lucky, you have good winnings but if not, that's fine, no big deal.

That is the reasoning behind betting on unknown player or team with a little amount. I already thought of it as a losing bet so I'm perfectly fine if I actually don't win. It's much like buying a lottery ticket only with a higher chance of winning.

Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

tippytoes

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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.

Using it for other bets may lessen your chance of losing it all. So I do agree, if you are not really sure, why not place other bets and distribute it? So if in case you lose on one, you still have the chance on another. Nowadays, with crypto bookies, you can easily place your bets on many games. So if you are patient enough, you can actually have many bets with that $10. Also, if that amount really matters to you, better bet it on games that you are very familiar with and you have the knowledge that athlete has the chance to win even if he is the underdog.

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Quote from: 24Kt on October 26, 2021, 07:15:20 PM

If you are not worried about the amount you will bet on underdog, then, go for it. If you are lucky, you have good winnings but if not, that's fine, no big deal.

That is the reasoning behind betting on unknown player or team with a little amount. I already thought of it as a losing bet so I'm perfectly fine if I actually don't win. It's much like buying a lottery ticket only with a higher chance of winning.

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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.

michellee

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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.

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Quote from: Questat on October 27, 2021, 01:56:28 AM

I made an experiment before betting on low odds and in fact, I won most of the time but I realize in the end that the strategy was not profitable. So, I will not recommend betting on the favorites with low odds all the time as it's not designed to give free money, sometimes it's designed to lure gamblers to just put their money on it without knowing the long-term effect is not profitable.

But the problem is that if you place bets only on underdogs, then at a distance it is also a losing strategy. I remember reading about experiments where people made bets in the same sporting events on opposite outcomes - in strategy A only on favorites, in strategy B on underdogs. As a result, both strategies turned out to be unprofitable.

mu_enrico

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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.

Slow death

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

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?

in this situation you described, as I would not know who is the champion and who is the underdog, I would bet on the underdog because simply reason:

if I can't analyze the fighters, then my bet will be based on luck, so I bet on what will give me the most profit.

mindrust

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Quote from: goaldigger on October 26, 2021, 05:36:21 PM

Quote from: molsewid on October 25, 2021, 10:58:15 AM

Quote from: TimeTeller on October 25, 2021, 09:29:00 AM

But what if your instincts is saying the underdog has no chance to beat the favorite?
Because if you are closely following those individuals involved, you will know their capability in that particular sport.
So for me, this is a case to case basis. Every game or match is different and you can only decide this factor if you know the sports and the athletes well.
But if not, just take your chance betting your $10. Anyway, if you feel you can afford that to lose, it is not big deal whatever the results is.

Sports betting is definitely a case to case basis depend on how you assess a player or fighter on your own. Everyone has a right to choose and make their own bets without following the crowd provided that you know how to look for a better fighter which you would bet on. A $10 amount of bets will definitely give a x2 or x3 of return betting on underdog provided that the underdog player or fighter has a potential that you see on him. But in my case I used to follow the crowd favourites, I want assurance.

That’s the risk of taking bets on underdog, you don’t get the crowds to place bet on them simply because they are on the last spot and having a fight with a top teams, the probability to lose is very high for the underdog. If you want to have at least a small assurance to win, always go for the top teams just analyze very well on what bet you are going to make.

Actually it is the same for betting on the favorite. Then you make less money if the favorite team wins. Lets say "Team A" is the favorite and "Team B" is the underdog. If you get 15% when "Team A" wins, and you make 300% if "Team B" wins, you are risking 100 units of money just to make 15 units if you are betting on "Team A"s win.

In other means, no matter which side you choose, you are getting what you paid for.

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Quote from: magneto on October 27, 2021, 04:44:57 AM

I'd go for the underdog.

They generally have better expected returns because people like to back the favourites the majority of the time.

If it was an inconsequential amount of money anyway, I'd want the most possible returns possible. No point going for a surebet which has next to zero upside in this instance.

Better to try to see if luck will permit you to win. If you don't have anything to look back, then it's luck that you can depend.

WHo knows maybe the timing for betting with the underdog is good enough, as long as you have a good idea or knowledge about the
team or player that you'll going to go all in.

If you win, that will be sweet to continue playing while if you lose, you can take your rest and winds up to clear your mind.

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

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?

What do you mean by "Ulshrkubyki vs Ykwehgyfvbh"? You mean a hypothetical situation when they can't be googled? Well, in that case I'd surely go for the underdog. I hate losing when the odds are in my favor, it is so frustrating! And that's what can happen when you are betting on the everyone's favorite. Besides, if you win, you win something much smaller than your bet, which is not that satisfying either.

However, if you can google, and you see that the underdog doesn't stand a chance, betting on him is stupid, no matter the outcome odds. (I myself have made a lot of such stupid bets, but I knew they were stupid, okay?)

magneto

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I'd go for the underdog.

They generally have better expected returns because people like to back the favourites the majority of the time.

If it was an inconsequential amount of money anyway, I'd want the most possible returns possible. No point going for a surebet which has next to zero upside in this instance.

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Quote from: Strongkored on October 27, 2021, 12:01:36 AM

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?

I will go to low odds even though the profit isn't high but I think that best choice compared full rely on the luck because chooce fighter B and end up losing all the money, but I do research before place the bets see their stats and also read the news about the opinions of observers but this is only as an additional reference before finally deciding which fighter to choose.

I made an experiment before betting on low odds and in fact, I won most of the time but I realize in the end that the strategy was not profitable. So, I will not recommend betting on the favorites with low odds all the time as it's not designed to give free money, sometimes it's designed to lure gamblers to just put their money on it without knowing the long-term effect is not profitable.

Topic: Going for the Underdog or Not? - page 6. (Read 1142 times)