Media and Gambling, How does it work?

Tmoonz

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Quote from: pusaka on October 13, 2024, 11:56:49 AM

Quote from: nullama on October 10, 2024, 02:39:44 AM

Quote from: mammusu on October 09, 2024, 08:03:58 AM

So far, public perception and media narratives have a significant influence on the betting planning that gamblers will make, because the limited information possessed by gamblers forces them to swallow raw information in the media for them to use as a reference, but I think the media also has an important role that may be able to make our chances of winning in betting greater as long as we are selective in choosing information that is indeed a factor that is a good factor influences our bets, so that with the right approach, bettors can take advantage of the difference between media-influenced public perception and reality to find valuable but still critical bets and always do in-depth research before placing a bet.

Yeah, I think we still can see a massive influence of mainstream media, as well as some niche channels online.

Specially now with AI generated content, because we will see any type of media, being designed just for you in particular, to move you into wherever the person paying money wants your mind to be.

I think it is a good idea to be a bit more independent of media these days

It is undeniable that the media influences life and it does not only happen in gambling, but maybe it concerns all aspects of life. But that is not something bad, it just depends on ourselves how to respond to all of this. As said, do not swallow the information raw, especially if we get it from mainstream media. In gambling or betting, the media can actually be one of the things we can use as a source to analyze a match for example, because they usually have complete data on a team's performance and even the meeting record will be recorded neatly. Once again this depends on each of us, whether we are selective enough in seeing the information available or not.

The media only becomes problematic to individuals that tend to completely rely on them for certainty and at the end disappointment sets in when things didn't work out as expected, that's generally in gambling perspective, undoubtedly the media gives enough informations that is meant to serve as enough guide and not to completely rely on, for example there can be times when a Player might not be at his best personal performance and odds that can as well happen during the match, we should have in always in mind that uncertainty are always possible when it comes to gambling, even though the media has so much to offer. Yeah, past and present events is never a guarantee for the future.

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Quote from: Dewi Aries on October 13, 2024, 12:59:21 PM

I think the media has no influence or cannot increase the chances of winning but it will only change the perspective or belief of each individual who wants to bet, because for the matter of opportunity it comes back to how strong one of the two teams that will compete

For me, a real athlete is one who can perform at their absolute best even under extreme pressure and conditions but it will be wrong to disregard the effect of mainstream media's opinions on the performance of an athlete. Whatever narrative is pushed by the media can affect an athlete mentally and emotionally which can change the balance of their performance. They can either get even more motivated or they get extremely depressed and not be able to perform to their optimal best

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the chance of winning is based on the performance and statistics of a team at that time, so without you having to pay attention to media perception you can already know which team has a greater chance of winning by looking at the statistical data in the standings table.

Some media are extremely biased towards an athlete or a team so it is best to look at factual data instead of relying only on subjective opinions of the media. Even journalists can't stay 100% objective because usually they will support more a sportsman from their own country and would go against those who aren't. I am not saying all are biased but you have to be careful of whose opinion you take into consideration.

nullama

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Quote from: pusaka on October 13, 2024, 11:56:49 AM

~snip~
It is undeniable that the media influences life and it does not only happen in gambling, but maybe it concerns all aspects of life. But that is not something bad, it just depends on ourselves how to respond to all of this. As said, do not swallow the information raw, especially if we get it from mainstream media. In gambling or betting, the media can actually be one of the things we can use as a source to analyze a match for example, because they usually have complete data on a team's performance and even the meeting record will be recorded neatly. Once again this depends on each of us, whether we are selective enough in seeing the information available or not.

At the end of the day, the business of mainstream media is not really to inform the population. It is to simply push the agenda of whoever pays the most, really.

If a powerful person in a country wants something to happen, it will happen, and mainstream media will make it easier to swallow for the general public.

Similar to how we usually see "news" about a new book or whatever, it's just advertisement, really. And the more you pay, the more coverage you get.

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Quote from: DiMarxist on October 13, 2024, 12:05:29 PM

... Those predictions people dropped on the social media platforms and from sports or gambling analyst help those who are not familiar with odds and some of them are winning with them while some fail.

It is mind boggling to me there are people out there who have such a little confidence on their own analysis, so they decide it is a better idea to rely their betting choices on people who are completely strangers to them on the internet. It would be better for everyone of before betting on anything people informed themselves at some minimum level on the sport or the events they want to wager on. For example, there will be a bunch of people who know nothing about American politics and yet, because of the massive attention there is currently on the USA, there will be foreigner who will bet for a candidate or other only based on who is more likeable in their eyes; it is the same with sports, people who know nothing about tennis or football start to bet on those without watching some matches first. All of it happens because of greed, as usual.

Davidvictorson

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Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

There are some sports shows that are being sponsored by some bet companies or sportsbook. And the pundits usually talk about the match, their analysis and even odds for gamblers who may be interested in betting on the game. In my estimation, the media either influence or strengthen betting odds in this instance. That's the best I know of this.

Dewi Aries

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I think the media has no influence or cannot increase the chances of winning but it will only change the perspective or belief of each individual who wants to bet, because for the matter of opportunity it comes back to how strong one of the two teams that will compete, the chance of winning is based on the performance and statistics of a team at that time, so without you having to pay attention to media perception you can already know which team has a greater chance of winning by looking at the statistical data in the standings table.

That is a real analysis that can increase the chances of winning outside of media perception, and for the problem of media perception as I said above that most likely it only affects a gambler's belief in making a choice but does not affect the chances in the game.

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Where huge amounts of money are spinning, of course, they affect some owners of popular magazines, TV channels or authors of articles and programs. However, the Internet has the greatest influence on players, because even shorts on YouTube and other social networks are filled with gambling content. I have noticed how recently in short videos some users insert the logo of a casino that probably pays them for it. In general, we see how deeply gambling advertising has spread, however, I am not against it, because it does not bother me, because I sometimes place bets anyway, the main thing is to be able to keep yourself under control.

DiMarxist

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The media and the public perception have a good influence on betting because many gamblers in this days take gambling odds from gambling prediction sites and or from individuals. Those predictions people dropped on the social media platforms and from sports or gambling analyst help those who are not familiar with odds and some of them are winning with them while some fail.
But the best way to bet is your mind. Go to the site and bet with your technic and style and wait for the outcome of the game.

pusaka

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Quote from: nullama on October 10, 2024, 02:39:44 AM

Quote from: mammusu on October 09, 2024, 08:03:58 AM

So far, public perception and media narratives have a significant influence on the betting planning that gamblers will make, because the limited information possessed by gamblers forces them to swallow raw information in the media for them to use as a reference, but I think the media also has an important role that may be able to make our chances of winning in betting greater as long as we are selective in choosing information that is indeed a factor that is a good factor influences our bets, so that with the right approach, bettors can take advantage of the difference between media-influenced public perception and reality to find valuable but still critical bets and always do in-depth research before placing a bet.

Yeah, I think we still can see a massive influence of mainstream media, as well as some niche channels online.

Specially now with AI generated content, because we will see any type of media, being designed just for you in particular, to move you into wherever the person paying money wants your mind to be.

I think it is a good idea to be a bit more independent of media these days

It is undeniable that the media influences life and it does not only happen in gambling, but maybe it concerns all aspects of life. But that is not something bad, it just depends on ourselves how to respond to all of this. As said, do not swallow the information raw, especially if we get it from mainstream media. In gambling or betting, the media can actually be one of the things we can use as a source to analyze a match for example, because they usually have complete data on a team's performance and even the meeting record will be recorded neatly. Once again this depends on each of us, whether we are selective enough in seeing the information available or not.

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Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

The media has much influence on gambling and we should not be deceived by what some people could say. The media controls everything when it comes to advertisement and the kind of contents that is meant to be displayed on the television or online. This is why we are seeing some many gambling platforms affiliated to football team so that their company will be written in the club jersey and others. Many casinos are being promoted on the local television even on Football channels which is a form of advertisement to promote the casino for more views while new gamblers keep using the casino and when they liked it, they'll keep using it.

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Quote from: Lanatsa on October 07, 2024, 10:42:26 AM

Cant really be able to deny that when it comes on betting on underdogs could really be giving out that kind of good profits but of course there would really be still
some considerations on which you would really be needing up to look up. You cant just throw up some bets blindly because if we do really think up sensibly that favorites are
really that likely to win but of course there would really be those moments or times that upsets could really be able to happen. As for news and other fundamentals then it cant be denied that this is something
that could really be able to give out some effect in overall decisions that you would be making. As for clues then i dont really believe that much or any other correlated things into it.

That is because of the odds difference. They are less likely to win, so their odds are much higher than the other or the favourite team. That or their risk (high risk) is the ones that we should put into consideration before we jump on betting at them.

Another would be is depending on the underdog team that are playing. This one may need a research and see if they truly have a potential or they already done some epic comebacks on the past. Afterall, gambling requires a luck, so why not bet blindly?

Also if we are only playing for fun, we can do this as well. Favourites are only just a favourite but it does not mean that they will now win and if that is how easy betting is, then a lot of sports bettor are millionaires now. Betting houses needs to profit too, so they can also make the underdogs win even at most times, also to make the game more challenging and exciting.

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As for news and other fundamentals then it cant be denied that this is something
that could really be able to give out some effect in overall decisions that you would be making

It still depends. If you are playing for fun only, then you can ignore them but if you are playing for the profit, then they are worth considering. Sports betting is so complex just like investing and trading because there are fundamental analyses that can get involved too but if we master them, they are also more beneficial than the casino games.

nullama

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Quote from: mammusu on October 09, 2024, 08:03:58 AM

Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

So far, public perception and media narratives have a significant influence on the betting planning that gamblers will make, because the limited information possessed by gamblers forces them to swallow raw information in the media for them to use as a reference, but I think the media also has an important role that may be able to make our chances of winning in betting greater as long as we are selective in choosing information that is indeed a factor that is a good factor influences our bets, so that with the right approach, bettors can take advantage of the difference between media-influenced public perception and reality to find valuable but still critical bets and always do in-depth research before placing a bet.

Yeah, I think we still can see a massive influence of mainstream media, as well as some niche channels online.

Specially now with AI generated content, because we will see any type of media, being designed just for you in particular, to move you into wherever the person paying money wants your mind to be.

I think it is a good idea to be a bit more independent of media these days

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Quote from: mammusu on October 09, 2024, 08:03:58 AM

Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

So far, public perception and media narratives have a significant influence on the betting planning that gamblers will make, because the limited information possessed by gamblers forces them to swallow raw information in the media for them to use as a reference, but I think the media also has an important role that may be able to make our chances of winning in betting greater as long as we are selective in choosing information that is indeed a factor that is a good factor influences our bets, so that with the right approach, bettors can take advantage of the difference between media-influenced public perception and reality to find valuable but still critical bets and always do in-depth research before placing a bet.

Indeed, those huge impact of social Media influence from gambling with respect to several vlog or stream promotion by popular personality could gradually create misleading outcomes. People would eventually captivated by promises and so called winning experience through their live winning journey. However, if you don't have that idea of research and you just kept ignoring this basic tips? You're just feeding them with money out from your pocket and unknowingly you're drained financially.

EarnOnVictor

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Quote from: Hewlet on October 08, 2024, 02:07:37 AM

Quote from: EarnOnVictor on October 06, 2024, 08:04:49 AM

Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

This doesn't affect me in any way since I know that if it is a real match, there is nothing the media can do about it, it's all about the teams involved, there past and present information is key to selecting the right side. But this doesn't mean it doesn't affect some people, people are gullible, what do you expect? But the truth remains that if the media cries from now till tomorrow in terms of hypes and downgrading of a team for another, "what will be will be." This is not some sort of online market where rumour, hype, fake news and others can have a huge influence over them.

-snip-Thier are different sources of information from the media and some sources are filled with emotion and false information, those aren't the once to be taken seriously but the ones that are of a legit source should give you an idea and a guide on how to go about certain games.

Your points are valid and the media is also a way to go in sorting good information but bad information is increasing too. This is why, at this juncture, it's good to define the kind of media we are talking about. If it is the mature outlets where the notable names analyse and speak their mind without bias or gain, then it's fine by me.

What I won't allow is the rampant social media random talk get me, it's not my thing. I go to trusted websites in my leisure time to surf for facts and blend them together for the the purpose of what I need them for. This is more honourable to me than how people do it to the point that they will be tossed up and down by the so-called influencers and others who are just there to attract more traffic. Online discussions these days pisses me off more than it encourages me to watch and trust it.

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Quote from: HelliumZ on October 09, 2024, 02:47:32 AM

Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Social media has no effect on gambling betting odds but social media can play an important role in gambling promotion. Promotion of social media can shape public perception of league clubs' betting. The more advertisements on social media, the more users will focus on betting on that bet. Here lies the important collaboration between gambling sites and social media. The more promotions, the more users are attracted to gambling betting and the more profit between the two organizations.

We think that gamblers who have bet very often will certainly not be affected by advertisements that appear on promotional media, but for some people who are new to gambling, they may be slightly affected because they do not understand well how to choose the team they will bet on.

A gambling site will of course continue to promote themselves on social media to attract gamblers to bet on their site and there will also be bonuses that they give so that everyone chooses their site when they want to bet.

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Quote from: mammusu on October 09, 2024, 08:03:58 AM

Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

So far, public perception and media narratives have a significant influence on the betting planning that gamblers will make, because the limited information possessed by gamblers forces them to swallow raw information in the media for them to use as a reference, but I think the media also has an important role that may be able to make our chances of winning in betting greater as long as we are selective in choosing information that is indeed a factor that is a good factor influences our bets, so that with the right approach, bettors can take advantage of the difference between media-influenced public perception and reality to find valuable but still critical bets and always do in-depth research before placing a bet.

Well, that's usually the only option the bettors have in terms of getting information around the league to decide what odds to make when betting. However, bookmakers has their own man who's also knowledgeable about what's going on around the league that doesn't only rely on media or any other sports analyst, and that is how the bookmakers come up with the odds they offer to the bettors. Therefore, media narratives and public perceptions doesn't influence much on the bookmakers' end, because they know bettors are also relying to these sources. They tend to make odds always in their favor.

mammusu

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Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

So far, public perception and media narratives have a significant influence on the betting planning that gamblers will make, because the limited information possessed by gamblers forces them to swallow raw information in the media for them to use as a reference, but I think the media also has an important role that may be able to make our chances of winning in betting greater as long as we are selective in choosing information that is indeed a factor that is a good factor influences our bets, so that with the right approach, bettors can take advantage of the difference between media-influenced public perception and reality to find valuable but still critical bets and always do in-depth research before placing a bet.

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Quote from: bubilas on October 09, 2024, 03:02:25 AM

Often, clubs can change players to participate in a match and thus the odds can change, so it is better not to rush with sports betting.
But in general, public opinion is unlikely to somehow influence betting, because the analysts themselves set the odds based on their own considerations. They analyze the chances and the number of people who want to bet on each team.

But public opinion can create and influence the demand. Even if analysts form bets, if the casino sees there is a queue of those who have placed bet and wish to make, wont they make a special offer? How the hell then "crossed out odd with "WAS" and new "NOW"" ads appear? Because public influence on that. And if media make a hype around an athletes, wont it give him a little performance boost? Because media, people cheer for him. Wont it make odds change from lets say 1.20 to 1.21 ? Cheesy

In theory it could.

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Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

The media if full of hyping and convinceable narratives with gambling, their influential perception is directed on personal interests because they are not sure of their speculations but would always trying to convince you that they have you guaranteed to win if you take their leads.

Nothing special about this media perception on gambling and there is no easy we can explore from it. Just keep off from the media influences pertaining gambling and stick of thriving to develop your personal skills of winning and be sure that winning in gambling is basically a game of luck.

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Quote from: VicManton on August 05, 2024, 02:48:09 PM

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Often, clubs can change players to participate in a match and thus the odds can change, so it is better not to rush with sports betting.
But in general, public opinion is unlikely to somehow influence betting, because the analysts themselves set the odds based on their own considerations. They analyze the chances and the number of people who want to bet on each team.

Topic: Media and Gambling, How does it work? (Read 1677 times)