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Topic: I am new here. What is your strategy on gambling? - page 3. (Read 968 times)

legendary
Activity: 2338
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There is no magic grail. If you want to win at sports betting, you need to have a competitive advantage over either the bookmaker or other players.

It is very difficult to gain a competitive advantage over a bookmaker. I would assume that any successful bookmaker sets the odds correctly. However, you can look for a new bookmaker and analyze the odds they set for serious errors.

Your competitive advantage over other players may be that you understand the sport better than they do.

Perhaps you even have exclusive information about the sports team, coach, etc.
hero member
Activity: 798
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Goodnight, ohh Leo!!! 🦅
For sports I just simply apply top down analysis where I compare the overall performance of both teams that are featured to play against eachother. I also check their h2h to statistics and their best performance for the season. This approach might not be the best but on average produces the exact results I expect

I will also look at the last five games of the two teams their score records while play with big teams and that for smaller teams and also their overall possession both home and away. When I am done comparing all this features for both teams then I will decide if there should be a likely draw or which team has higher chances of winning.
sr. member
Activity: 392
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Hi every one, I new in the gambling boards and I want to ask What is your strategy on gambling?

Let me tell you something about me and my experience around gambling, I worked for casino time ago and I've seen a lot of pathological gamblers on those machines I already post a topic about it: I Maintained Slot Machines: The Truth Behind the Wins This experience as bystander make generate some concerns about gambling at some young age, again I already post some topic about it : Impact of Small Gambling Machines: Are Children at Risk?.

Now I want to understand the Gambling in sports from logic point of view. According to my research Gambling in sports, is largely based on probabilities, statistics, and psychology.

For example the people who set the odds values for a sport event use complex algorithms, historical data, and expert opinions to set odds for such sports event. These odds represent the likelihood of a certain outcome, and they’re designed to create a balanced betting environment where the bookmaker makes a profit regardless of the result.

So if the Bookmakers use such kind of process, what is the process used by a regular gambler?

I know there is no scientific method that can fully predict sports outcomes due to the unpredictable nature of the games, but what is the best approach according to experienced users/gamblers?

I expect to read valuable insights and not just opinions based on "I believe that...", "I think that..."

Regards!

Regarding my little experience that I have in sport betting precisely football betting, there is no such thing as that of to say is the best approach when it comes to strategy or strategies but rather gamblers can only utilize options that may tend to suit their risk tolerance level and that is to say if an option or strategy seems best to a gambler it might be the worst for the next gambler, when it comes to approaches i will likely say that different people with different approach, there are those who only gamble for fun with an amount that they afford to lose and there are those who gamble as a major means of generating income, and of course I must say the best approach is that of gambling only for fun because the results can be very unpredictable.
full member
Activity: 252
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Well, first of all, I have no strategy to give you in playing gambling, especially in the crypto gambling business that we are involved in here. Especially since you have more experience and a broader idea than me because you have experience working in online casinos here in the crypto space.

How can I use a strategy if my mindset in my mind is that the winnings I get in any casino I gamble in always depend on luck, right?
most of us gamble with luck we don't gamble with strategies, so as you said you have any idea or suggestions to render because you know very well that he has worked with casino platform, nevertheless you can share your ideas you use to participate in the gambling...you know that everyone has it own ways of participating in the gambling and it maybe that your strategies of participating in the gambling maybe not be same as the method we apply in the gambling, so I believe that we have different strategies we apply and other people is ready to learn from your strategies in gambling so that they use it and learn...wining of gambling from my own understanding is by luck not by anything.
Gambling is actually a game of luck so even if you apply a strategy on it if the luck is not on your side it will still not work as you plan. Because I normally some people that are not too good in gambling but whenever they place a bet they always win, so gambling is just a game of luck. so for me I don't really think if there is any strategy that is too precious in gambling all is just a result of having luck it because once the luck is on your side you would going win a big amount of money that you didn't expect.
hero member
Activity: 1050
Merit: 592
God is great
So if the Bookmakers use such kind of process, what is the process used by a regular gambler?

I know there is no scientific method that can fully predict sports outcomes due to the unpredictable nature of the games, but what is the best approach according to experienced users/gamblers?
Gambling is always unpredictable, it is best for every gambler to know about this. It is impossible to win in gambling all the times even if you have good experience in gambling.  Since gambling is unpredicted it is best to gamble with the amount of money that you can afford to lose, it is important as a gambler for you to know your limits and never to depend in gambling a way of generating money . I believe with this understanding concerning gambling one will be able to manage lose and to prevent in getting addicted to gambling.

The best approach of going about gambling is to understand the principles of gambling,  to have understanding that gambling is a game of fun which is not necessary for one to see it as a way of making money.
sr. member
Activity: 1876
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In the field of sports betting, old data analysis does not play a big role. You also have to consider the current form and the external conditions of the match. Such as the influence of the supporters and the influence of the field. How their players can dominate the opposing team is also important.
If the goal is only to gamble on football then it is very important to use a strategy, because analyzing the match is also called a strategy in betting but it is different from Casino gambling, okay I agree with that but from most people here it seems to have a strategy in playing casino, maybe everyone has criteria in playing so we can't force their will in playing, so in my opinion that strategy is much better used for Football gambling than for casino gambling.
full member
Activity: 224
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Patience and hard work are the keys to success.
In the field of sports betting, old data analysis does not play a big role. You also have to consider the current form and the external conditions of the match. Such as the influence of the supporters and the influence of the field. How their players can dominate the opposing team is also important.

I can tell you some ideas or strategies about cricket betting. To win a match in cricket, you have to keep some things in mind. The current form of the players, the condition of the pitch, getting an advantage from the pitch and the strength and captaincy of your team in relation to the opposing team. If these things are in your team's favor, then you can bet. It is never possible to give a sure result in betting, but your chances of winning will be high. In cricket, the pitch and the strength of the teams according to the pitch are the most important. For this, you must be experienced in sports.
full member
Activity: 742
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Well, first of all, I have no strategy to give you in playing gambling, especially in the crypto gambling business that we are involved in here. Especially since you have more experience and a broader idea than me because you have experience working in online casinos here in the crypto space.

How can I use a strategy if my mindset in my mind is that the winnings I get in any casino I gamble in always depend on luck, right?
most of us gamble with luck we don't gamble with strategies, so as you said you have any idea or suggestions to render because you know very well that he has worked with casino platform, nevertheless you can share your ideas you use to participate in the gambling...you know that everyone has it own ways of participating in the gambling and it maybe that your strategies of participating in the gambling maybe not be same as the method we apply in the gambling, so I believe that we have different strategies we apply and other people is ready to learn from your strategies in gambling so that they use it and learn...wining of gambling from my own understanding is by luck not by anything.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
So if the Bookmakers use such kind of process, what is the process used by a regular gambler?
Guts feeling and psychology laced with deep reflection of historical data and consideration of current form are the best way to go in sports betting prediction. You've to know the current form of the teams you're betting on. Don't just look at bookmakers odds in picking bets but look at the current form. Yeah, I know that sports results can go either way but it's better to armed with research than having a random pick of games

Quote
I expect to read valuable insights and not just opinions based on "I believe that...", "I think that..."
You never can tell. Maybe it's in the, "I believe that..." you eventually get to find the panacea you're looking for.
sr. member
Activity: 1498
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DGbet.fun - Crypto Sportsbook
Well, first of all, I have no strategy to give you in playing gambling, especially in the crypto gambling business that we are involved in here. Especially since you have more experience and a broader idea than me because you have experience working in online casinos here in the crypto space.

How can I use a strategy if my mindset in my mind is that the winnings I get in any casino I gamble in always depend on luck, right?
legendary
Activity: 2464
Merit: 1387

For example the people who set the odds values for a sport event use complex algorithms, historical data, and expert opinions to set odds for such sports event. These odds represent the likelihood of a certain outcome, and they’re designed to create a balanced betting environment where the bookmaker makes a profit regardless of the result.

So if the Bookmakers use such kind of process, what is the process used by a regular gambler?



The majority of sports gamblers will also use historical data and expert opinions
because the former are available with some digging on social media and the latter
can be easy enough got on social media too.

There are also some who will be running spreadsheets on head-to-heads of
teams with all sorts of info to help make an informed decision, and there are a
percentage who will "fire from the hip".

Personally I kind of fall in between research and firing from the hip, I wouldnt class
myself as a serious gambler but if I was and had the time for it I would like to build
up my information to call on as this is the best way to take it seriously in order to
get near a level footing with the casinos as possible.
legendary
Activity: 3346
Merit: 1191
What is your strategy on gambling?

Any experienced player will tell you that there is no such thing as a perfect gambling strategy... there are various strategies that are more or less interesting, and that work sometimes, only sometimes.

What is responsible gambling and what is a smart approach? The first is to never gamble with money you can't afford to lose, in gambling everything can go downhill in seconds. And the second thing is to research, analyze, and make the best possible decision at that moment. After that we can only hope for the best and have some luck and win that... luck is an important factor after all.
hero member
Activity: 2870
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I know there is no scientific method that can fully predict sports outcomes due to the unpredictable nature of the games, but what is the best approach according to experienced users/gamblers?

I expect to read valuable insights and not just opinions based on "I believe that...", "I think that..."

Regards!
You said it yourself that there's no scientific method to fully predict sports outcome, that means that any strategy that we use is based on predictions. Both the gamblers and the bookmakers don't know for certain what the outcome of games will be therefore gamblers should look beyond guaranteed analysis to win, instead they should focus on strategies for responsible gambling, that is what gamblers can have control over. My strategy for responsible gambling is basically to have a budget for it, the amount must be what I can afford to loose, don't chase loses and don't over gamble when I'm winning.
We must prepares some enough money that we can afford to lose to control our losses. Never tempting to place a bet with a bigger money even if you are sure with your prediction. No need to place a bet too often just because you know the team because there still not guarantee you can wins.

We can predict the match but we don't know what will happen in the end of the match. So when we can use small money to place the bet, we will not lose too much money. We should stick to our rule to prevent the big lose so we can enjoy our time in betting while we can leave it anytime we want.
legendary
Activity: 2660
Merit: 3710
The first thing a beginner should understand is that we are not playing against the bookmaker, but against other players. This may not seem obvious at first glance and may be a bit confusing, as it is counterintuitive. So this is not bad news and you should not demonize the bookmaker. On the other hand, a beginner should have a competitive advantage over other players in the betting market. Think carefully - what is your advantage? If it is not, then you will have to spend time searching and try to find something similar. Otherwise, you will slowly lose money.
sr. member
Activity: 630
Merit: 352

I know there is no scientific method that can fully predict sports outcomes due to the unpredictable nature of the games, but what is the best approach according to experienced users/gamblers?

I expect to read valuable insights and not just opinions based on "I believe that...", "I think that..."

Regards!
You said it yourself that there's no scientific method to fully predict sports outcome, that means that any strategy that we use is based on predictions. Both the gamblers and the bookmakers don't know for certain what the outcome of games will be therefore gamblers should look beyond guaranteed analysis to win, instead they should focus on strategies for responsible gambling, that is what gamblers can have control over. My strategy for responsible gambling is basically to have a budget for it, the amount must be what I can afford to loose, don't chase loses and don't over gamble when I'm winning.
hero member
Activity: 1302
Merit: 503
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~snip~
I agree.

There's so much into bankroll managing than thinking of winning each games. You'd definitely lose each bet you'll make but there will be some wins on it.

But with how you manage them, you'll be able to think of other strategies on how you'd be able to manage the wins that you get even if they're lesser.
Risk management and money management are ways for someone to control themselves in restrictions and also avoid various rash actions, this will make gambler get lower loss even though it will not provide more wins, at least when they experience losses it is not big loss.
That good but strategy and skills in utilizing knowledge are also quite important, anyone who gambles definitely wants to win and they will definitely do whatever they can to be able to predict and play as well as possible to get the win even though there is no certainty about when they can get the win.
hero member
Activity: 882
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Whether it's sports betting, slots or skill-based games, it's safe to always bet on a small amount of money. Gambling has no certain outcomes, especially that the house has always an advantage over its players, so with or without strategy, that won't guarantee winning in the end, but it's mostly losses that you will incur in the end. The key here is never gamble for a living, but do it to entertain you. That way, you will enjoy more your gambling experience rather than expecting so much from gambling.
Many people have forgotten the enjoyable part of gambling which is solely for entertainment purposes only than just gambling for money, though do not quote me wrongly because lot of people gambles for money including me that is posting here, but I don't allow it to over will me where I would have to put most of my attention over there than focusing on something more productive and resourceful to me.
We must learned to reduce our thinking on what we would benefits from gambling, if we mainly focused on the entertainment aspect there wouldn't be a day we could lose huge in gambling.
hero member
Activity: 3220
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With gambling, it's safer to rely on your knowledge about risk management and how to manage your bankroll rather than relying on your own skill and strategy since no matter how experienced you are, it will never be enough to secure guaranteed wins. Gambling is more than a game of chance and luck, and since we don't have control on that, it's better to gamble to bring fun and entertainment to ourselves.
I agree.

There's so much into bankroll managing than thinking of winning each games. You'd definitely lose each bet you'll make but there will be some wins on it.

But with how you manage them, you'll be able to think of other strategies on how you'd be able to manage the wins that you get even if they're lesser.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
Now I want to understand the Gambling in sports from logic point of view. According to my research Gambling in sports, is largely based on probabilities, statistics, and psychology.
You already know these about gambling, so you know its nature and characteristics, it's you who now needs to plan better having admitted to the truth about it. Gambling is not what anyone can break easily, though it's better with sports betting, it's still a game of chance, no one can have a strategy and believe the strategy can always be reliable, one needs luck and a balanced psychology to be responsible in gambling, even as possibilities of outcomes measure up with strategies at times, but eventually, luck is still the answer.

With gambling, it's safer to rely on your knowledge about risk management and how to manage your bankroll rather than relying on your own skill and strategy since no matter how experienced you are, it will never be enough to secure guaranteed wins. Gambling is more than a game of chance and luck, and since we don't have control on that, it's better to gamble to bring fun and entertainment to ourselves.
hero member
Activity: 2940
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Winding down.
Believe it or not, there's no strategy in chance based games.
If you fall into this paradigm, things aren't going to go that well. Chances are you will lose everything if you keep playing. The house edge is just there to get everyone that just keeps rolling.

But in the long run the vast majority of players are losers. So don't count in any strategy. Just play for fun with amounts you don't mind to lose.
Yes I believe that there is no strategy in games based on luck because in games based on luck you always have to play without strategy and leave it to luck. I always bet on sports sites for gambling because I am somewhat experienced in sports there I can analyze a little because of which I can achieve fairly good success in sports betting. I gamble only for entertainment that is why I gamble with very small amounts of money because I know there is a possibility of losing here. So it is better for everyone to use a small amount of money on the gambling platform like 1% to 5% based of income
Whether it's sports betting, slots or skill-based games, it's safe to always bet on a small amount of money. Gambling has no certain outcomes, especially that the house has always an advantage over its players, so with or without strategy, that won't guarantee winning in the end, but it's mostly losses that you will incur in the end. The key here is never gamble for a living, but do it to entertain you. That way, you will enjoy more your gambling experience rather than expecting so much from gambling.
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