Going for the Underdog or Not? - page 8.

KTChampions

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Quote from: Saint-loup on October 25, 2021, 10:12:54 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.

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Quote from: Lanatsa on October 25, 2021, 05:55:39 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.

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Quote from: agustina2 on October 25, 2021, 05:15:12 PM

Don't be confused.

Bet that amount on the underdog in that situation and hope luck will come to you. Not deserve to fully become serious on $10 bet as everyone should afford to lose that amount.

In case that's your last money and let's say you will now be dead after losing it then bet seriously not on that match but for sports you have knowledge. You can hunt some high odds there and your knowledge of those sports will help you.

yes, if you are talking about $10, then don't make yourself too stressed on how to use this amount for betting. but if this amount matters to you, then bet on the sports that you know you have high chance to win, even at small odds. at least you know you can get back your money even with very little profit as compared to very slim chance of getting it back (if that's the last money you have).
but if you just want fun and possibly high return of your money, then take a risk betting underdog. there are several upsets happening anyway

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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?

It wont be called betting if there would be no choices at all and there wouldn't be any bookmakers or business like this if they wouldn't really be setting out those odds for gamblers to choose on or from.

Its just understandable that they would set out lower odds to those who are favorite and bigger ones on underdogs. Deciding on which one to bet? Your choice.

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.

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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?

Don't be confused.

Bet that amount on the underdog in that situation and hope luck will come to you. Not deserve to fully become serious on $10 bet as everyone should afford to lose that amount.

In case that's your last money and let's say you will now be dead after losing it then bet seriously not on that match but for sports you have knowledge. You can hunt some high odds there and your knowledge of those sports will help you.

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Quote from: pawanjain on October 24, 2021, 11:01:02 AM

This depends on two factors for me.

1. I would check the history of those fighters and see if the fighter B has a chance or not. If he does not have any chance then I would put my money on fighter A.
But if the fighter B does have some chances of winning then I would put money of fighter B.

2. If the left over money i.e., $10 is something that I can afford to lose then I would risk it on the fighter B and otherwise fighter A.

1. Chance? It was already decided on the odds given to both fighters. And as far as how OP constructs the statement, it's look there's no plan for any research. Just a quick decision whether what fight will be chosen on that amount. And for a $10 bet, I think it's not necessary to go thru a deep analysis unless OP is eyeing to continue the journey from $10 capital.

2. Yes, it's just a leftover since it was left on the account. Place a bet on the underdog and wait for the result. The unexpected result always happened in fighting sports e.g boxing, MMA, etc.

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Quote from: 2double0 on October 25, 2021, 03:50:27 PM

Quote from: Saint-loup on October 24, 2021, 05:59:27 PM

Quote from: 2double0 on October 24, 2021, 04:22:23 PM

<<>>

I hope you didn't lose too much money on this bet. I bet on India too, because India is a big favorite of this T20 World Cup and a very interesting promotion is currently running on Stake : if your selection scores 180+ runs, you will be paid out as a winner even if it loses. Unfortunately India didn't score 180 runs and loses the game while being favorite @1.45 on Stake.

I saw India at 1.3 odds when I placed a bet on India. I did not lose big in money, but what I lost big was my trust that I had on India because of that friend. He was so sure that India will only win, I couldn't stop myself to place a bet and the results were shocking.

Most of the time, those who are concluding the game even it's not been done are the one who carelessly betting. We can't accurately say that because the team or player are superior to their opponent means that they are surely going to win, it won't be called as gambling if there's no risk of.

The only you can do now is to move forward and try to research deeper, if it's possible not to listen to anyone but do your homework and analyze the game that you are interested in betting.

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Quote from: 2double0 on October 25, 2021, 03:50:27 PM

Quote from: Saint-loup on October 24, 2021, 05:59:27 PM

Quote from: 2double0 on October 24, 2021, 04:22:23 PM

<<>>

I hope you didn't lose too much money on this bet. I bet on India too, because India is a big favorite of this T20 World Cup and a very interesting promotion is currently running on Stake : if your selection scores 180+ runs, you will be paid out as a winner even if it loses. Unfortunately India didn't score 180 runs and loses the game while being favorite @1.45 on Stake.

I saw India at 1.3 odds when I placed a bet on India. I did not lose big in money, but what I lost big was my trust that I had on India because of that friend. He was so sure that India will only win, I couldn't stop myself to place a bet and the results were shocking.

Personally, I'm still thinking India was unlikely to lose, and it was just a bad day for them. Then I will place a bet on India at its next game.
For the match against Pakistan, I got a small surprise, I forgot I had placed a bet on Pakistan on another sportsbook, then I'm finally in profit for this game.

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Quote from: 2double0 on October 25, 2021, 03:50:27 PM

Quote from: Saint-loup on October 24, 2021, 05:59:27 PM

Quote from: 2double0 on October 24, 2021, 04:22:23 PM

<<>>

I hope you didn't lose too much money on this bet. I bet on India too, because India is a big favorite of this T20 World Cup and a very interesting promotion is currently running on Stake : if your selection scores 180+ runs, you will be paid out as a winner even if it loses. Unfortunately India didn't score 180 runs and loses the game while being favorite @1.45 on Stake.

I saw India at 1.3 odds when I placed a bet on India. I did not lose big in money, but what I lost big was my trust that I had on India because of that friend. He was so sure that India will only win, I couldn't stop myself to place a bet and the results were shocking.

So sorry about your loss. Don't feel too bad about it though. Things like this happens regardless of whether or not the team is a favourite. I remember one time I placed a bet on a favorite at 1.05 odds. They lost so I lost money since I used a big amount for it. smaller odds, more staked amount. Anyway, I learnt my lesson and that's the fact that no favorite team will always win even if the odds for them are priced as low as 1.01.

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Quote from: Saint-loup on October 24, 2021, 05:59:27 PM

Quote from: 2double0 on October 24, 2021, 04:22:23 PM

<<>>

I hope you didn't lose too much money on this bet. I bet on India too, because India is a big favorite of this T20 World Cup and a very interesting promotion is currently running on Stake : if your selection scores 180+ runs, you will be paid out as a winner even if it loses. Unfortunately India didn't score 180 runs and loses the game while being favorite @1.45 on Stake.

I saw India at 1.3 odds when I placed a bet on India. I did not lose big in money, but what I lost big was my trust that I had on India because of that friend. He was so sure that India will only win, I couldn't stop myself to place a bet and the results were shocking.

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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?

It will almost certainly rely on each fighter's statistics.

Of course, if Fighter B has the statistical capacity to battle and endure Fighter A, I'll bet $10 on B and hope for an additional $20.65 if he wins. If Fighter B fails to qualify or has a large disparity with Fighter A, I'll wager on A and settle for the $3. I believe that being practical is still the best option, as $10 is still a significant sum of money for some people.

Always check the player's history and stats.

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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?

If I was in that situation I will probably take the underdog, it is widely known that casinos give worst odds to the favorites and the odds given to the underdog are not as bad as I have seen way worst than that, so if I was in a gambling mood and I wanted to use my last 10 dollars in a boxing fight to me it makes the most sense to go for the fighter with the lowest probabilities of winning the fight.

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Quote from: molsewid on October 25, 2021, 09:58:15 AM

Quote from: TimeTeller on October 25, 2021, 08:29:00 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.

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.

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Quote from: TimeTeller on October 25, 2021, 08:29:00 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.

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Quote from: btc_angela on October 25, 2021, 05:02:56 AM

I will go with the popular opinion here, this is the worst kind of betting. You can't just blindly put your money without knowing the two parties right?

But for the sake of argument, the odds of the favourite is not that attractive, but for the underdog it can double or triple your money. So my decision would be to bet on the underdog, it's just 10$ and for sure it wouldn't hurt your pocket if you lose.

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.

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I will go with the popular opinion here, this is the worst kind of betting. You can't just blindly put your money without knowing the two parties right?

But for the sake of argument, the odds of the favourite is not that attractive, but for the underdog it can double or triple your money. So my decision would be to bet on the underdog, it's just 10$ and for sure it wouldn't hurt your pocket if you lose.

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Interesting question, I am not a betting expert, but doesn't it just comes down to personal preferences? Because if we don't know anything about fighter A or B then the odds from the bookies are the only information we can rely on. So the champ is going to win with higher chances and the underdog is going to give us a higher profit. In your example when I only had 10 USD left I would definitely go for the champion, because its higher chances of winning and if I lose I would be broke. In trading the worst thing that can happen is going broke. We don't have any chances than of recovering if our bankroll is 0. We need more information if we want to make a better decision. The more information we can gather the better our prediction of the outcome. I try to only bet on big events when I feel that I have an advantage. For example when a popular team plays at home against a small team than I believe there is more demand from the famous team and odds might be a bit off.

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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?

No questions asked, go all-in to high odds. It's just $10 and you can easily move on from that in case of losing.

The fact that you don't have an idea about those fighters, it's not wrong to take the high odds. It's boxing and sometimes upset happened on that sports. It's more thrilling and exciting while waiting for the result.

Unless you are on the mission to turn that $10 into $100, that's the time you should apply some analysis and will always stick to favorites.

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Quote from: coin-investor on October 24, 2021, 05:47:58 PM

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?

It's only $10 might as well risk it's a gamble because I don't know if the underdog can pull an upset and the favorite has experienced losing to an underdog before, but if it's a big amount let's say $100 I don't think I will bet to the underdog I prefer a small winning and bet the favorite to win the fight, I can only risk on a small amount but not on a big amount.

Because the capital of $ 10 is not a too large amount in my opinion, of course I am more willing to take risks by betting for the underdog. It seems
that most people will be willing to bet on the underdog's victory if they use a small capital, because the risk is very high if we bet for the underdog
victory if we use a large capital. Even a capital of $50 I would not use to bet on an underdog win. To be honest, all this time I've been betting more
on favorite fighter, even though it only made a small profit. Because when playing gambling I prefer low risk, it doesn't matter if we only make
a small profit, but if we collect it, it will be big too.

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Quote from: Oasisman on October 24, 2021, 02:07:55 PM

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?

The odd difference determines how much of an underdog fighter B is. Now, with that example I guess fighter B stands not so little chances of winning and that also depends on how he fight and his possible advantages against the favourite.
You can't just throw your money to a fighter without checking how he fight first. We have YouTube for easy access and check both fighters first.
Regardless of how small your winnings is as long as you're comfortable with betting to the favourite then that's always better than lossing a bet to an underdog.

We normally do see the stats of the fighter and which fighters he had fought before betting for his next fight. It somehow occurs to me about the boxing match of Salido vs Juanma Lopez which Salido is obviously the fighter who is pretty much a mess-up fighter but eventually beat the champ twice. And I mean why is the fighter matched up to another if he has no chance of winning? An underdog is not so much an underdog if he had won fights before.

Or maybe because $10 is a throwaway coin anyway and it's the last coin I have. I'm moving to another sports betting site.

Topic: Going for the Underdog or Not? - page 8. (Read 1158 times)