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Topic: (Odds discussion) Would you still stick in your favorite casino if....? - page 2. (Read 353 times)

legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
And if there is a new bookie offering much higher odds than those 3, I would say, be very careful as this may be a trap if they are offering higher odds.
One thing about new bookmakers is that they will try all their best to give better offers than the existing bookmakers. One of the better offers they would give are higher odds. The odds will not be far higher than the existing bookmakers but with just slight differences. But if you use huge amount to calculate the profit, the profit difference can also be somehow high on the new bookmaker. The odd should be of little difference, but if it is very high odds than usual, it would likely be a scam bookmaker.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90.

Would you shift to the sportsbook with bigger odds or would you stay?

In betting, odds and value are everything. If you have the opportunity to place a bet with better odds, you must do so. Another question is choosing a casino/bookmaker. Personally, I use several proven casinos and even if I see better odds in other casinos, I won’t go there because it adds risks plus costs (time, mental effort, transaction fees).
To be honest, I don’t even know what needs to happen for me to move on to a new project, given that the old ones are working perfectly.

Since the bookies that the OP mentioned are known and reputable ones in the forum, I believe I would just choose among those 3, if you are already using them for years. And if there is a new bookie offering much higher odds than those 3, I would say, be very careful as this may be a trap if they are offering higher odds.

If it is assumed that the odds difference is based on the casino sites but on the same games and same risk on determining your winning predictions, only one thing would be involved in such circumstances which is going for a reputable casino that would not stress you at your  cashing out private time.
Most times bettors are trapped on sites with an opening of bigger odds.
This is a true point because a casino not respecting its reputation would be negligent enough to scam certain users out of their winning or deposits.

Also though, those that wagger a lot of money on sports would benefit a lot from having better odds. Certain bettors will routinely search for the best odds also when making a prediction. So it really depends on how competitive one wants to be. In reality it's a different play style if someone wants to relax or look into the technicals.

It is no doubt if bettors would want more for their money. However, they do need to remind themselves that not all good offers come with fair requirements. Most of the time, new casinos would offer mouth watering odds but there's a catch - either high wagering requirements, higher withdrawal amounts or worst you can't get out your funds because they will find a way not to disburse your funds.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
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For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90.

Would you shift to the sportsbook with bigger odds or would you stay?

In betting, odds and value are everything. If you have the opportunity to place a bet with better odds, you must do so. Another question is choosing a casino/bookmaker. Personally, I use several proven casinos and even if I see better odds in other casinos, I won’t go there because it adds risks plus costs (time, mental effort, transaction fees).
To be honest, I don’t even know what needs to happen for me to move on to a new project, given that the old ones are working perfectly.
sr. member
Activity: 476
Merit: 307
So, you are constantly betting on sports, and you are using Duelbits as your regular one. You are betting a significant amount, like $1,000 for this demo. We have game 2 of the NBA Finals. The point spread is 7.5, and you choose to bet on the Dallas Mavericks.

For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90.

Would you shift to the sportsbook with bigger odds or would you stay?
Odds are actually important factor in choosing a sportsbook but it is just one of them and definitely not the most important factor. In addition to the odds, what I look at is ease of deposit and withdrawal and how fast they come as well as how easy it is to navigate the platform to select my game. The casinos you mentioned are popular and reputable and have been there for a while now, so I will not have a problem using any of them and the option I will go for depends on where I have some money in at that point in time because what I do is that there are some specific events I play in some casinos, that is different casinos for different purposes.   
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
If it is assumed that the odds difference is based on the casino sites but on the same games and same risk on determining your winning predictions, only one thing would be involved in such circumstances which is going for a reputable casino that would not stress you at your  cashing out private time.
Most times bettors are trapped on sites with an opening of bigger odds.
This is a true point because a casino not respecting its reputation would be negligent enough to scam certain users out of their winning or deposits.

Also though, those that wagger a lot of money on sports would benefit a lot from having better odds. Certain bettors will routinely search for the best odds also when making a prediction. So it really depends on how competitive one wants to be. In reality it's a different play style if someone wants to relax or look into the technicals.
sr. member
Activity: 1439
Merit: 380
Bitcoin Casino Est. 2013
The odds difference at different casinos usually wont be more than 5%, even if it goes above 5% - I can assure you that it rarely happens.
And I will not shift to another sportsbook because of the odds difference, and the reason is:
- big differences (more than 5%) in odds between sportsbooks are rare
- the odds can change at any time, sportsbook providers also monitor the markets from other competitors because if the difference is too big it is like an open invitation for arb betting abusers.
- dont want the hassle of having to do KYC at another sportsbook
- already comfortable with the current sportsbook and its community
sr. member
Activity: 504
Merit: 254
If it is assumed that the odds difference is based on the casino sites but on the same games and same risk on determining your winning predictions, only one thing would be involved in such circumstances which is going for a reputable casino that would not stress you at your  cashing out private time.
Most times bettors are trapped on sites with an opening of bigger odds.
hero member
Activity: 3038
Merit: 634
If I am very satisfied with the current that I am gambling with, I'd choose to stay on it and don't want to get into any other sportsbook.

I don't do a lot of transfers unless I experience something bad that makes me frustrated at all. And with that, it's time that I will choose another one.

But it rarely happens to me. Anyway, if it's for your satisfaction then choose what is best for you whether with your current or the other one.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
I can assure you that I won't bet any amount higher than $100 in any bet whether it's casino or sport bet so for me that fraction of difference in the odds is negligible, it is going to give only $10 more but I have to go through KYC, and have to get used to their interface so I just stick with making less $10 instead of going through this process but it's just my opinion.

High rollers who bet hundreds of thousands of dollars may consider platforms that offers better odds but still they will just settle with whether they used to play because big money will hesitate to go out of our go to platform.
hero member
Activity: 770
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Leading Crypto Sports Betting & Casino Platform
The point spread is 7.5, and you choose to bet on the Dallas Mavericks.

For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90.

Would you shift to the sportsbook with bigger odds or would you stay?


Well, we all know that if the odd is big then the win will be big too, so the simple thing I will do is to go for the casino with the biggest odd depending if it's a casino that I have been using before and already have account with them. During betting, I sometimes compare the odds that my favorite casino is offering with other casinos and if the difference are not much, then I will just go ahead and stake on the casino that I have been using. Gambler love the opportunity to win huge am, so I believe that any gambler will want to go for the casino that offers the best odd.

hero member
Activity: 2702
Merit: 672
I don't request loans~
Well if you prefer to maximize your odds then the higher the odds the better. Well, I'd only ever start doing this maybe upwards $1k? I don't think it's worth the effort and time to check all the odds and swap to them when the amount you bet is below that. Other than that yea, definitely. Sports betting is for betting money anyway, kind of different on how I view it against casinos

This is ignoring the reputation of the casino, features, issues, stuff like that btw, cause if we include that then no matter how high the odds are if they were pretty bad at doing their jobs, I'd much rather go to my comfort bookie.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
I participated in a discussion in an ANN thread for one of the sportsbooks listed on the forum, and I see that odds are very important. So, I came up with this question to ask the community: how important are the betting odds to you?

Let me name some of the old sportsbooks on the forum that I'm currently using:

1-Duelbits
2-Stake
3-Sportsbet

Just these three for the purpose of demonstration. So, you are constantly betting on sports, and you are using Duelbits as your regular one. You are betting a significant amount, like $1,000 for this demo. We have game 2 of the NBA Finals. The point spread is 7.5, and you choose to bet on the Dallas Mavericks.

For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90.

Would you shift to the sportsbook with bigger odds or would you stay?
Well, let's be Frank bud, betting or gambling in general is all about making money right, well, not really all about making money for everyone I guess, but then, if making money is the priority for why I betting, then we all know that higher odds signifies higher amount of money in potential winning, for this reason, I will surely shift to the casino with the higher odds, but not without some conditions, and one or two of those conditions is that..

1. The Odds from the other casino must be significantly higher than the odds on the casino I am (at that time) playing on.
2. The other casino with better odds must be a well tested and trusted reputatable casino, I can't risk my money on a new and or untrusted casino simply because of odd difference, cus at the end of the day, it's really about betting and winning with a higher odds, but it's all about being able to withdraw and or get paid your winnings in one peace without issues.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
For those that spend most or all of their gambling balances on sports then yes odds are everything. Most crypto sports books are just mirroring odds of other sites or bookie providers but with some odds worsened to account for their profit plus also crypto conversion and operation costs that might be a little higher.

So I would expect odds to be lower. But playing with crypto adds a lot of convenience so I don't look at they ususlly.
hero member
Activity: 1148
Merit: 796
I voted yes.

Money is money, if I had a way to earn more, I will choose it.

But, it doesn't mean I will always jump to other casino when I see they offer higher odds than the current casino I usually use, because I need to consider the reputation, withdrawal fee and other promotions. There are so many scam casinos, would you take a risk to lost all of your money just to earn 5%-10% more?
hero member
Activity: 560
Merit: 511
I don't like movie g around from one casino to another because of little odd difference. I stick the one casino but I check the odds in different casinos to know have more advantage on my analysis. High odds are good when you are using a big amount of money to bet, and I only use little amount, so no worries of the odd difference as long as am comfortable with the casino.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
$1,000 is big, but it's not a significant amount.
Maybe it's only significant for me, but yeah we can call that a big amount only.

If you bet on Stake you will receive $1,800, if you bet on Sportsbet you will receive $1,900, the difference is $100, but we haven't calculate the tax and withdrawal fee. The good thing sportsbet have free withdrawal, so you will earn more than betting on Duelbits and Stake. But, Duelbits sometime offer odds boost that will make you able to earn more than Stake and Sportsbet.


Let's skip that withdrawal fee and the boost of odds, let's just focus on the odds. And actually, it's not only duelbits who has boost of odds, in fact it was sportsbet who implemented it first. I have an account where I can enjoy 1 boost per day, so I would choose if it we will consider it.

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I'd say if you bet more than $10K, you need to consider to pick bookies with higher odds, lower than that you can bet in any sites.


Thank you for your reply.  Smiley



BTW, poll added, please vote!
legendary
Activity: 3080
Merit: 1292
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For me 5% difference is already a lot, just imagine, instead of getting $900 for your $1000 bet, you'll only get $850, so there's a difference of $50, that's still money dude. If we are gambling regularly, that would result to bigger losses on our part even if we are winning.

We can't even win on a game with 1% house edge, how much more this 15% house edge.
sr. member
Activity: 1554
Merit: 334
I'd stick because it's a hassle to switch from casino to casino just because the odds are slightly higher than the other one, if the case was a big difference then maybe that's the time that I would switch to that casino but the difference in odds is like 0.05 or 0.1, that's not worth switching casinos, I don't have that much money to spend on gambling so I don't do any kind of switching or even funding all the casinos that I visit just so I can make the most whenever there is an infinitesimal difference in odds. I don't think that bookies would deviate so hard with the norm within the standard odds for each games, doing so would make them a bad sport and would probably earn the hate of the other bookies if they do it because they're indirectly getting their customers.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
I have been checking odd differences among bookmakers in the past. What I noticed is that the odds are almost similar. Also you can see on bookie 1 that the odd is higher today, but you can see on bookie 2 that the odd is higher tomorrow. I also noticed that if a gambling site has just started providing sport betting, the odd can be a little high but when they have enough customers and reputation, the odd will become normal like other bookmakers. I do not because of odd leave a gambling site for another. Presently, I am using Stake.
hero member
Activity: 1120
Merit: 887
Livecasino.io
$1,000 is big, but it's not a significant amount.

If you bet on Stake you will receive $1,800, if you bet on Sportsbet you will receive $1,900, the difference is $100, but we haven't calculate the tax and withdrawal fee. The good thing sportsbet have free withdrawal, so you will earn more than betting on Duelbits and Stake. But, Duelbits sometime offer odds boost that will make you able to earn more than Stake and Sportsbet.

I'd say if you bet more than $10K, you need to consider to pick bookies with higher odds, lower than that you can bet in any sites.
From experience, the three things I keep in mind when looking at the odds on different sportsbooks is that the odds are there to tell me whose favorite to win between the teams, how much they are favorite by, and the last and most important what my potential payout would be. From the demonstration given in the OP, the sportsbook that would guarantee me a bigger payout than the others is I choose their odds and place my bet is Sportsbet. Their odds is 1.90 and if I place my bet, my potential payout would be 1.90×1000 = 1900. Like you already said there are other factors to consider too but I'll be sticking with Sportbet because it is more practical than having an "expectation" that Duelbit would offer their odds booster which may not happen.
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