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Topic: Media and Gambling, How does it work? - page 3. (Read 1677 times)

hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
October 07, 2024, 06:18:04 AM
I think media is now the biggest platform where gambling and ideas are simply awakening people. Many people in the streaming community are starting to convert to gambling streams and we can't blame them. Because they are providing their services in exchange of money and they never force or compel us to bet on gambling. Speculating on streamers who are choosing to switch from their normal gaming streams to gambling streams. Moreover, in the current context, people give more priority to online gambling due to which there is more gambling traffic in the media.
Media has become a very important tool to promoting almost any thing especially for business, before now, there were more of gamers around that got many streamers to go into game streaming but now it became clear that we have got so many persons going into gambling and this traffic for gambling literally has increased so well that taking advantage of it well enough could mean some good money because in the end, all of this are done for money which entails they are business so they will always want to got o the point where there's more traffic and potential to making some more money. Although this has not completely faced out gamming streaming and it doesn't means they don't have traffic there or make money there two but the gambling innovation seem to be the recent trend.

member
Activity: 174
Merit: 50
October 07, 2024, 05:24:29 AM
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?

Most of us probably follow what the media says, which is why there's a saying that the public always loses. The media shapes public perception, because if they didn't, we wouldn't be watching them. Since the media always talks about the favorite teams, these teams become overvalued. This allows bookies to easily set lines that are way above what the teams can achieve, such as high spreads and overs. We just follow, so we lose most of the time.

That's why you have to look into things well before deciding which team to bet on , I know some times most people can be gullible they can easily follow medias due to the hype, so that they can be certain that they are going to win, but you can't expect that same team to be winning always . There are always the underdogs .
Underdogs are able to easily understand market trends as they can provide insight into the brains of many people. Among the promoters are the real underdogs and the ones who target the common people and rake in more profits in order to maintain their winning streak. A reliable platform should be chosen for betting so that you can get your dues after winning the bet.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
October 07, 2024, 05:08:40 AM
The media plays a very huge role in gambling, sports betting to be precise, gamblers can get informations about a certain games from the media about a particular player or perhaps a change that was made in the formation of a club before the match starts, this can make a gambler change or readjust his selections. Bookmakers also pay attention to the media as well, that's why there are always changes in odds in most cases before a match is about to start. As a gamber that's into sports betting you must pay attention to the media in order to get key informations that might help you in your predictions.

That's correct, in sports betting and prediction, information is the key. If one is not following up on the current information, they can make the right prediction but when  theirs some little changes and adjustments, if they are not following up, they can miss out and end up losing their bet, when they would have prevented it from happening if they had been aware of it.

Agreed, the media always has a role in sports betting, it's also not just about the readiness of the player and or whether or not the player is good to play in the related match, but sometimes  gamblers also forget when there is an interesting match to bet on. In this case, gamblers can find out a lot of things through the media, so the media and gambling will always be related but it seems to be only about sports gambling. Because after all,  gambling on sports is not about us considering the house like in casino gambling, because in sports gambling of course gamblers need a lot of information and or updates that occur about players and teams before the match starts.

Yeah, those that always stay updated with latest information or event makes more accurate prediction, I know that betting is also about luck but at least when a bettor gets enough information about matches and performance of players and teams, they would know the strongest team and if they can win. During some matches, players get injured and if a bettor is aware of all that, they can know that the team will not perform well in their next Match, unless they buy or replace players.
hero member
Activity: 1736
Merit: 857
October 07, 2024, 04:38:12 AM
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?



In my opinion, such an influence of various publications can rather influence somewhere like professional boxing, rather than football. Unless it's some kind of yellow press with publications about individual players, relishing some scandals, etc. In any case, then you need to bet against what such commissioned articles are aimed at. But it's even better to bet as if there is nothing like that. The more information noise a person perceives, the more likely they are to make a mistake.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 07, 2024, 04:30:35 AM
Identifying an underdog is a difficult task though. Odds might vary between sites and them being advertised is a chance but its tough to make that call because you have a equal chance to lose money, but I guess for gamblers it is no risk to no reward thing.

Still betting on the winning team is what we all want to do and that makes gamblers choose their options and search for more options in a desperate attempt to make more money.

Media has both good and bad effects on gambling, we have to be diligent when drawing conclusions here.
hero member
Activity: 2632
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DGbet.fun - Crypto Sportsbook
October 06, 2024, 02:48:29 PM
I think media is now the biggest platform where gambling and ideas are simply awakening people. Many people in the streaming community are starting to convert to gambling streams and we can't blame them. Because they are providing their services in exchange of money and they never force or compel us to bet on gambling. Speculating on streamers who are choosing to switch from their normal gaming streams to gambling streams. Moreover, in the current context, people give more priority to online gambling due to which there is more gambling traffic in the media.
in this scheme, both parties have their own benefits. For example, a site that holds an event, for example, boxing, can pay for articles in the media so that potential clients pay attention to it and place a bet. and in this case, both sites will receive their PR, so this partnership is profitable. Various types of influencers and bloggers also have their own interest and these are directly related things. For example, the fight that will take place in November between Tyson and Jake Paul is direct evidence of this.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
October 06, 2024, 01:50:38 PM
The public perception that you see from social media can only influence or change your trust or belief in a team that is being discussed, but I think it is a fact that it will not affect the performance of a team which means that media perception will not be able to change the results of the game, when you believe and believe in the perception of people who are spread in a media for a reason and it turns out that the perception is wrong or does not match reality, then of course you will most likely lose when making that belief the basis for a decision in betting.
Odds can change only when something happens to one of the two teams that will compete, such as a change in tactics or players who are injured, red cards or pure advantages that cannot be tolerated such as one of the two teams that will play at home or away.
sr. member
Activity: 756
Merit: 250
20BET - Premium Casino & Sportsbook
October 06, 2024, 12:53:20 PM
I think media is now the biggest platform where gambling and ideas are simply awakening people. Many people in the streaming community are starting to convert to gambling streams and we can't blame them. Because they are providing their services in exchange of money and they never force or compel us to bet on gambling. Speculating on streamers who are choosing to switch from their normal gaming streams to gambling streams. Moreover, in the current context, people give more priority to online gambling due to which there is more gambling traffic in the media.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
October 06, 2024, 11:53:21 AM
...


Social media cannot easily influnce on bookies, that is true, but social media could (in theory) influence over an important percentage of gamblers/bettors who are part of the betting market, and thus changing the odds on live time while the match has not started yet.
For example, some Influencing and big accounts on Twitter/X could be paid by some crime syndicates so they started to spread rumors on one of the teams to have lost their star player for whatever reason.Naturally, that would prompt people to change their bets in favor of the opposing team.
It is like fake news with the purpose of getting favorable odds in the eyes of the crime syndicates and only for a limited period of time, before people realized their have been deceived to bet in certain way.
Because of scenarios like that one I just described, I would only focus on the match and not look for rumors or information about the team right before the thing to actually start. It is the best for one's sanity and pocket, I guess.
sr. member
Activity: 602
Merit: 260
October 06, 2024, 11:36:34 AM
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?

Most of us probably follow what the media says, which is why there's a saying that the public always loses. The media shapes public perception, because if they didn't, we wouldn't be watching them. Since the media always talks about the favorite teams, these teams become overvalued. This allows bookies to easily set lines that are way above what the teams can achieve, such as high spreads and overs. We just follow, so we lose most of the time.

That's why you have to look into things well before deciding which team to bet on , I know some times most people can be gullible they can easily follow medias due to the hype, so that they can be certain that they are going to win, but you can't expect that same team to be winning always . There are always the underdogs .
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
October 06, 2024, 08:12:50 AM
The influence of social media platform becomes strong following more people use that to communicate and search for the news. The generations now search for the info from social media platform besides of mainstream media but they are more often use social media as they can find more info. They are slowly leave the media platform that is not gives much info or serving a fake news. That is why they prefer to use social media platform before they decide. That makes many businesses including casino site also use social media platform to reach out their fan because they know the impact of using social media for their business.

Social media platform is full of garbage data and fake news. It’s very hard to rely on someone else post or opinion on social media verifying the data in the web since some user is spreading fake news.

Bookies nowadays use the current bet status of their sportsbook to analyze odds and adjust it based on the pulse of the bettor plus the general statistics of the sports itself. Bookies is very rare to consider social media platform that is well known that full of spam post to consider for their odds.

I think the live broadcast is the media the OP talking about that can be use for advantage in gambling for live matches betting.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
October 06, 2024, 08:04:49 AM
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.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
October 06, 2024, 07:54:05 AM
When it comes to media, only two come to mind, and that is mainstream and social media platforms. Where in this era we can still say that the influence of the mainstream media is still strong.

But even more so, the social media platform is still strong, where there are more individuals who use it in different parts of the world, where it is also used in the promotion of gambling,
whether land-based. or online casinos.
The influence of social media platform becomes strong following more people use that to communicate and search for the news. The generations now search for the info from social media platform besides of mainstream media but they are more often use social media as they can find more info. They are slowly leave the media platform that is not gives much info or serving a fake news. That is why they prefer to use social media platform before they decide. That makes many businesses including casino site also use social media platform to reach out their fan because they know the impact of using social media for their business.
You are right and I agree with you, social media have become a force of its own in almost everything we do in life today, so also with gambling, I can say for sure that online gambling casinos spend far much more money on social media advertising than they do on the mainstream media.

What about offline casinos - like casinos that are land based, they too no longer depend on their mainstream media ads, they too are moving their ads power to the social media, I can even say that every business, both online and offline that can afford it, are all moving their ads weight to social media, because this days, it's hard to see people standing on the street reading an advertisement on a poster, or even collect a flyer and pause to see what's written on it, every one is about their business and they only place they sometime pause to read or watch an advertisement is online and in the social media.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
October 06, 2024, 07:42:03 AM
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?
Media narratives can have a big impact over odds, considering they bring indormations and news about players and teams in real time. If the media announces a determined team won't have its best offensive player on the next match, this information will have influence over the odds for that respective game.

Public opinion or common sense doesn't have a large impact, though, because in this case it's more about speculation than evidences. It's also important to notice both, public opinion and media, have their favorite teams. Therefore, their conclusions tend to always be biased in favour of a specifical team during the competition. So you have to be clever enough to filter what is an important fact  to be taken into consideration from what is just their opinion (or cheering).
hero member
Activity: 952
Merit: 662
October 06, 2024, 05:03:00 AM
The influence of social media platform becomes strong following more people use that to communicate and search for the news. The generations now search for the info from social media platform besides of mainstream media but they are more often use social media as they can find more info. They are slowly leave the media platform that is not gives much info or serving a fake news. That is why they prefer to use social media platform before they decide. That makes many businesses including casino site also use social media platform to reach out their fan because they know the impact of using social media for their business.
Both medias and social medias are not inevitable with fake news.

The new generations are unique IMO, in the past we're mostly follow only one or few trusted people because we only trust with them. But, now people are more interested to read other people's opinions even though the poster has zero follower.

People nowadays draw conclusion from few bad personal experience since people with good experience remain silent.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 06, 2024, 04:46:34 AM
When it comes to media, only two come to mind, and that is mainstream and social media platforms. Where in this era we can still say that the influence of the mainstream media is still strong.

But even more so, the social media platform is still strong, where there are more individuals who use it in different parts of the world, where it is also used in the promotion of gambling,
whether land-based. or online casinos.
The influence of social media platform becomes strong following more people use that to communicate and search for the news. The generations now search for the info from social media platform besides of mainstream media but they are more often use social media as they can find more info. They are slowly leave the media platform that is not gives much info or serving a fake news. That is why they prefer to use social media platform before they decide. That makes many businesses including casino site also use social media platform to reach out their fan because they know the impact of using social media for their business.
hero member
Activity: 1904
Merit: 541
October 06, 2024, 02:13:32 AM
When it comes to media, only two come to mind, and that is mainstream and social media platforms. Where in this era we can still say that the influence of the mainstream media is still strong.

But even more so, the social media platform is still strong, where there are more individuals who use it in different parts of the world, where it is also used in the promotion of gambling,
whether land-based. or online casinos.
sr. member
Activity: 308
Merit: 256
October 06, 2024, 01:39:28 AM
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?




Though I wonder what could possibly be your definition of valued bet? But however, every gambler owes him or her self that responsibilities of attaching or maximizing the value towards their bets but as regards to public perception and media narratives I could say that the media itself is a public perception to the best of my knowledge, the discrepancies could have been individual perception and the public or media narratives, comparatively the gambler is only left with an option of comparing, contrasting and extracting various information and personally arrive at it's own conclusions and decide on what should be followed with personal conviction.
The value here is perhaps the practicality and the results that come from relying on the reports and news that the media provides, instead of collecting alone and without a news team, the media has people who are experts in filtering hot news, and with this hot news, it forms another data and as a result, gamblers can rely on this to strengthen the results. But there are too many calculating brains here, for example, a sports match, the club wants to fake information, the bookmaker likes to exaggerate to disrupt everything, the media likes to write emotionally, with fake news mixed with analysis, it's hard to look at these issues objectively.

The whole environment can be very complicated where at some point games odds tend to be adjusted before the start of a getting gamblers very confused nothing is ever to be rely on, one of the reasons why it is always advisable and worth reminding to bet only with an amount that one can be able to afford to lose in the case of things taken the opposite direction and possibly not taken gambling too serious but just as fun , do all that you feel you know how to do and allow luck to locate you as regards to what becomes of the possible outcome.
hero member
Activity: 1526
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DGbet.fun - Crypto Sportsbook
October 06, 2024, 01:29:10 AM
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?




Though I wonder what could possibly be your definition of valued bet? But however, every gambler owes him or her self that responsibilities of attaching or maximizing the value towards their bets but as regards to public perception and media narratives I could say that the media itself is a public perception to the best of my knowledge, the discrepancies could have been individual perception and the public or media narratives, comparatively the gambler is only left with an option of comparing, contrasting and extracting various information and personally arrive at it's own conclusions and decide on what should be followed with personal conviction.
The value here is perhaps the practicality and the results that come from relying on the reports and news that the media provides, instead of collecting alone and without a news team, the media has people who are experts in filtering hot news, and with this hot news, it forms another data and as a result, gamblers can rely on this to strengthen the results. But there are too many calculating brains here, for example, a sports match, the club wants to fake information, the bookmaker likes to exaggerate to disrupt everything, the media likes to write emotionally, with fake news mixed with analysis, it's hard to look at these issues objectively.
sr. member
Activity: 308
Merit: 256
October 06, 2024, 12:08:23 AM
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?




Though I wonder what could possibly be your definition of valued bet? But however, every gambler owes him or her self that responsibilities of attaching or maximizing the value towards their bets but as regards to public perception and media narratives I could say that the media itself is a public perception to the best of my knowledge, the discrepancies could have been individual perception and the public or media narratives, comparatively the gambler is only left with an option of comparing, contrasting and extracting various information and personally arrive at it's own conclusions and decide on what should be followed with personal conviction.
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