Sometimes Even the House Edge is not Against you Rather the Player You Bet On

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

Quote

World chess great Magnus Carlsen has quit a major tournament after being told he could not participate while wearing jeans.

The Norwegian was defending his World Rapid and Blitz Chess Championships in New York on Friday when governing body FIDE made the request.

He said he offered to change his trousers for the following day before being fined and told he needed to change straight away.

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The news article was published on Daily Mail

I very much agree with this, which is why I will always advice people to always bet on themselves, as the chances of them winning is greater that way. Platforms like rollspace offer the option to do so as only you know your strengths and weaknesses

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

Quote

World chess great Magnus Carlsen has quit a major tournament after being told he could not participate while wearing jeans.

The Norwegian was defending his World Rapid and Blitz Chess Championships in New York on Friday when governing body FIDE made the request.

He said he offered to change his trousers for the following day before being fined and told he needed to change straight away.

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The news article was published on Daily Mail

If the player don't respect the sport enough to follow the dress code regulations, (which he perfectly well knows) then why is he trying to compete anyway, when he know he is being disqualified?

But i guess we shouldn't expect maturity from this guy, after all he is the same person who is childish enough to accused his opponent using vibrating beads to win (which wasn't true). He is a poor loser and this is just another example of it.

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Quote from: mindrust on December 29, 2024, 11:58:24 AM

Sometimes the least unexpected happens. This is a more common occurrence than people think too. It is part of the luck element in the end. If we could calculate every possibility then it wouldn’t be gambling, it would be “seeing the future”. Sometimes even the bookies miscalculate the odds. Smart players search for these games and do arbitrage betting.

Sometimes a player just says fuck it and throws the game because he was angry at his wife last night. It wasn’t something a professional should do but shit happens because we don’t live in a perfect world.

If only he respects the required dress code, there wouldn't be any problem in the first place. Professionals are not excempted from getting mistakes, but dude even a dropout person can completely understand and follow the proper dress code most especially that we are talking here a major tournament, not a less valuable one. That shows that the player is not really interested at all, otherwise he should stick to the rules strictly.

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

Quote

World chess great Magnus Carlsen has quit a major tournament after being told he could not participate while wearing jeans.

The Norwegian was defending his World Rapid and Blitz Chess Championships in New York on Friday when governing body FIDE made the request.

He said he offered to change his trousers for the following day before being fined and told he needed to change straight away.

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The news article was published on Daily Mail

This one of a typical situation as to the fact that at a point its not you against the house but the player of the game having the determining capacity to your game, this also happens in football when you may bet on an particular play to score a goal or tow and few minutes into the game the player is injured or is probably punished with a red card for an offence and right before you, you get to see your game been lost. all this are uncertainties i do put to consideration before gambling but this case is actually really different and i actually didn't bet on this but i see it a s a really trivial reason for exit.

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Quote from: rachael9385 on December 30, 2024, 01:37:13 AM

Absolutely right, this is also the reason why a gambler need to understand that winning is entirely based on luck, because as the games is ongoing anything that will make the bet mot be in your favor might happen. Although, there's not 100% sure predictions but there's nothing luck can not do, when one is Lucky, he will probably win his bet.

There's a bet I lost last month, it was an accumulator of 14 games which gave a 100+ odds and was very confident that nothing will stop that those games from going as predicted but at last I lose the bet because one game was voided. I felt bad not because I lost but because I know that was have been a successful game if not for the game that was void. So, in gambling, always pray for luck because sometimes even the bet you are supposed to win could go bad for some arising issues.

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I have always considered chess players to be very mysterious people, not only smart but also capable of some strange actions. Not everyone can calculate a chess game far ahead, knowing the opponent's probable moves, their analytical mind, as we see, can sometimes work against all expectations, doing extraordinary things for others. But as for betting on football matches, it is pleasing that football players have a uniform and never engage in such whims.

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All I can say is. "shit happens".

We cannot control this kind of thing where it's the player who decides to quit the game. I didn't bet on that game but I did experience instances where a superstar will be injured and that will cost the whole game for the team I bet for. It's not different from what happened in that chess game especially if that superstar is the offensive guy who is the only one who can score for the team.
Is it really against the player or is it just that he doesn't feel motivated anymore? After reading some articles, I saw that the issue was just all about the jeans that he is wearing and there's a dress code that doesn't allow such clothes. Wow! That's f-ck*d up.

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There’s no literal house edge because you’re not playing against the house, thats sports betting.

In sports betting, it’s more about choosing the odds and their actual value. For example, you might get odds of 2.50, but the real value is 1.90, that’s where you find an edge in the long run. That’s why, when you gamble, you need to be selective, and you can do that by not just bet on whatever the market offers. If you’re “just gambling,” it won’t lead to success.

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

Well, this is just one of those situations that proves to us how unpredictable betting and gambling in general can both be. You can analyze all you want from details and choose the best odds but who could guess in your example that Magnus would quit over something like jeans? That’s quite funny at the same time.
Personally I feel bad for anyone who bet on him. Frankly it’s damaging when something so unrelated to the game itself ruins your chances, bet, and even a very large amount of money. But at the same time, rules are rules and he probably should known better. Still it’s a weird and unexpected way for things to play out.

I believe many bettors will also start to question things about what happened, manipulation or start to ask the sportbooks to refund them.

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The house edge in the title is confusing, as there is no house edge here.

Quote from: Fortify on December 29, 2024, 03:05:25 PM

You seem to be confusing the house edge in this example and it is especially not relevant towards the game of chess.

I think he is like many in this section, who have heard a number of concepts but do not know what they mean.

Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

Did any of bet on Magnus Carlsen to win?

No, and in view of this, I never will.

Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

And what do you think about the whole situation that happened?

That he is a spoilt child. And that it is an indirect way for the chess world to attract attention because after Deep Blue it has lost a lot of importance.

Alphakilo

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Quote from: Fortify on December 29, 2024, 03:05:25 PM

You seem to be confusing the house edge in this example and it is especially not relevant towards the game of chess. In this example you might find many reputable bookmakers (there are such a thing) actually cancelling or voiding the bet because of such unusual circumstances. Either way, I have seen several 1.01x bets fail in the past and even a legend like Magnus probably had a higher multiplier than that, so you should always factor in the potential for loss - there is no such thing as a sure bet if a bookmaker is offering you odds on it. Frankly it is ridiculous that the organization were so petty and there are probably a few senior officials who are looking rather embarrassed right now, to drive out the world champion over such a silly rule when he offered to correct it.

You are right.

As a gambler it I usually think that a bet with low odds like 1.01x is certain to guarantee me a win, especially when we have players like Magnus for chess, Jannik Sinner for tennis, or Shi Yuqi for badminton. Even these world number one players can lose sometimes. And anything that can go wrong will go wrong, just unforeseeable unexpected circumstances.

No bet is 100% certain. There is no sure win like I earlier anticipated.

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Quote from: Dr.Bitcoin_Strange on December 29, 2024, 11:10:10 AM

I didn't bet on the game but this incident is an example of what I was saying before now on one of my previous post, no matter what strategy a gamblers uses to make a perfect prediction which is supposed to be a successful bet, there are some unexpected factors that can come up and make the bettor to lose their bet, that totally suggest that gambling is based on luck and not how well you can make good prediction.
For the player, he quit for no valid reason, that incident is not any good reason that can just make him quit.

Absolutely right, this is also the reason why a gambler need to understand that winning is entirely based on luck, because as the games is ongoing anything that will make the bet mot be in your favor might happen. Although, there's not 100% sure predictions but there's nothing luck can not do, when one is Lucky, he will probably win his bet.
I haven't bet on Magnus Carlsen before but what he did wasn't right as he turned his supporters/fans down just because he don't want to dress properly for the game. Actually, a lot of people will be disappointed in him and might take awhile for them to bet on him because of his Supercilious attitude.

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As far as I know when we bet on a game that fails to compete, the money we bet will be returned by the bookie according to the amount we bet. Maybe this concept is in chess betting, but I will take an example from a football match when the match has been going on for 5 minutes. After that there was an incident where a player was seriously injured and the match had to be stopped. Well at that time the match was postponed and all the gamblers' money would be returned.

Well, this should also be done in chess betting. And I think it doesn't make sense if it is considered a loss just because a player resigns. Undecided

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

Quote

World chess great Magnus Carlsen has quit a major tournament after being told he could not participate while wearing jeans.

The Norwegian was defending his World Rapid and Blitz Chess Championships in New York on Friday when governing body FIDE made the request.

He said he offered to change his trousers for the following day before being fined and told he needed to change straight away.

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The news article was published on Daily Mail

You seem to be confusing the house edge in this example and it is especially not relevant towards the game of chess. In this example you might find many reputable bookmakers (there are such a thing) actually cancelling or voiding the bet because of such unusual circumstances. Either way, I have seen several 1.01x bets fail in the past and even a legend like Magnus probably had a higher multiplier than that, so you should always factor in the potential for loss - there is no such thing as a sure bet if a bookmaker is offering you odds on it. Frankly it is ridiculous that the organization were so petty and there are probably a few senior officials who are looking rather embarrassed right now, to drive out the world champion over such a silly rule when he offered to correct it.

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Quote from: Hatchy on December 29, 2024, 02:13:12 AM

That's another thing again.. pride.. I wonder why some players just so full of them selves. This is something that a whole lot of people are coming from far and near to watch you play not just because of the bet, but because they love you. Instead of doing what you know is right, you quite the game for a reason that makes no sense. I wonder if he has always played that way since in other tournaments. Because if not, he wouldn't have done what he did when he was asked to change his jean. Well, that is more reasons why i don't bet on much games, I prefer soccer as we know they have standards and rules guiding them...

Pride makes a man loses his own name, especially that he is a prominent public figure. I don’t think he is this stupid like he is acting now, but let’s just accept the truth that there are people who’s really stance in life is neigher out of the blue. He should have known the dress code first and foremost, since he isn’t a newbie in his position. But still chose to ruined his reputation by behaving unprofessionally which is really a red flag.

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

Quote

World chess great Magnus Carlsen has quit a major tournament after being told he could not participate while wearing jeans.

The Norwegian was defending his World Rapid and Blitz Chess Championships in New York on Friday when governing body FIDE made the request.

He said he offered to change his trousers for the following day before being fined and told he needed to change straight away.

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The news article was published on Daily Mail

Is still there a good odds when betting on Magnus?

Anw, yes this is part of the gambling and it's also a blitz where anything can happen. Yeah sure he's a beast in the game but blitz is different so either way, the opponent does have a chance of winning therefore the unexpected quit is like him losing the game already. Meanwhile, the FIDE really strict, tho chess is a gentleman's game, so it's reasonable, just because he's a beast, he still needs to follow the rules and regulations. I dislike how magnus isn't really respecting others' time and value like always being late and such, not being a professional on the league. IMO, if he doesn't want the chess culture and such, he can leave and besides he doesn't need to prove his skills anymore.

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This is a non issue, the bet will be voided as he as disqualified from soemthign outside the game, he hasn't lost the game.
It would be a bit troublesome if you were in a parlay and you would have taken some serious money on this since your odds are recalculated and lower because but it's still like the game would have not been played at all, a real problem would have been if he would have had a tantrum and simply decided to forfeit the game, in that case most bookies would have kept the bet valid and called it a loss.

Quote from: boltz on December 29, 2024, 11:01:20 AM

Because of their EGO , we the bettors we lose at odds under 1.30 and I personally don't take odds under 3 no matter what.

With what bookmarker did you take the bet, I'm surprised any bookie will treat the bet as valid in this case?

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In the terms and conditions of my casino in situations like this, it is said that :

Quote

Refunds may be given solely at the discretion of the casino management.

The other situation that can trigger a refund from the casino are:

match starting but not being completed because of a player retirement or disqualification

Around March this year, this golf player, Scottie Scheffler was out of the tournament after he was arrested ahead of PGA Championship 2nd Round. This is a voided bets whose monies will be refunded.

Here:
- https://get.bookmaker.help/hc/en-us/articles/360008925977-Retirements-or-Disqualifications
- https://www.actionnetwork.com/golf/scottie-scheffler-detained-pga-championship-delay-friday

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Quote from: Outhue on December 29, 2024, 06:48:21 AM

Gambling is risky still, either the player you bet on behaves unexpectedly or not.

Some will sustain injury and that will be the sign that the game will probably end very badly, some will just not be in a very good mood on that day, so you betting on them is risky still, they don't care if you place bet or not, they don't even know anyone.

Most gamblers are just gambling without understanding the risks, I have a friend who bet on Super Monaco sports and in the middle of that car race a crash took place and it was so over, these things are meant to happen, manage your money well.

Winning in gambling isn't a do or die affair. Bettors would always have some outbreak to just loose while those who'd win stands lucky to win.
We all bet and hope to win and whatever frowning outcomes out teams which we betted on performs isn't what we might earlier expected.
The basic is just that there must be reason to lost and way out to win

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Sometimes the least unexpected happens. This is a more common occurrence than people think too. It is part of the luck element in the end. If we could calculate every possibility then it wouldn’t be gambling, it would be “seeing the future”. Sometimes even the bookies miscalculate the odds. Smart players search for these games and do arbitrage betting.

Sometimes a player just says fuck it and throws the game because he was angry at his wife last night. It wasn’t something a professional should do but shit happens because we don’t live in a perfect world.

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Wow this is quite a surprise. I can never know are such level of geniuses think.
Most time the side you favour may be the reason of your loss especially in Football bets.
Chelsea lost their last match with a comeback like I was quite shocked
They couldn't even hold for a draw.
Or when Real Madrid lost their UCL match this season when it's normally quite for them to during group stage.

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

The chess world was surprised he should be allowed to participate in that round because he promised to follow the dress code on the next round but they don't allow him, Chess genius are like that; they have their principle that they want to follow, just like the case of Fischer, I hope they will patch things up going to the next rounds because Magnus is not yet banned from the tournament based on the story and he is the top player in this tournament.

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

In this particular case, I think it shouldn't be an issue for gamblers, since the player didn't play, so the bets should be just annulled and money returned to each bettors. Anyway, what a stupid rule to not be allowed to wear jeans. I don't criticize the player for not agreeing with a stupid rule like that, because jeans is a clothing for every occasions, casual and formal ones. It would be inappropriate if he was wearing swimwear, outfits you wear to go to the beach or something like that...

But indeed, one of the cons of sports betting is that it doesn't depend only on your predictions and on the casino, but also on a third element, which is the player or team which you are putting all your expectations over.

Dr.Bitcoin_Strange

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I didn't bet on the game but this incident is an example of what I was saying before now on one of my previous post, no matter what strategy a gamblers uses to make a perfect prediction which is supposed to be a successful bet, there are some unexpected factors that can come up and make the bettor to lose their bet, that totally suggest that gambling is based on luck and not how well you can make good prediction.
For the player, he quit for no valid reason, that incident is not any good reason that can just make him quit.

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Because of their EGO , we the bettors we lose at odds under 1.30 and I personally don't take odds under 3 no matter what. I prefer to play it risky instead of seeing how a tennis guy melds and trow his rocket on the ground because of his big EGO , or an NBA player who don't want to shoot an open 3 and and decides to make a pass and many other examples.

I also think some betting house know details of personal life for some players and that is where the bait actually begins. Grin

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

~

Sounds incredibly dumb. Like why should it even happen in the first place? Granted I'd say Magnus just doesn't really give a crap any more with chess tourneys/championships? Prideful yeah, but again, he stayed at the top for years. I reckon it's just inside him to be that prideful (not that it's justified tbf, rules are rules).

Anyway, I think the match is declared void here? Refunds people, refunds. At least that's what I'd consider to be what bookies would do. Magnus didn't really "forfeit" or anything. I reckon anyone who didn't get a refund can argue for it?

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This is the downside on betting with the lunatic and high ego player. They can quit whenever they want since they are already on the top which means they control everything.

I read this news and I find it absurd reason to quit a tournament not to mention that his jeans is so tight that seeing it makes me uncomfortable.

Anyway this scenario is happening frequently too in tennis which has a lot of high ego players. House edge on sports like this is negligible especially when players with unstable thinking is involved like Magnus.

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this is somewhat... questionable at least, and I am really surprised to see this. but this is also a weakness for our hobby.
if you see a crazy event, you can't do just nothing. unless you have a big stake it would be even not economical profitable.
thats why betting has such limit... and thats why also low odds have always an intrinsic risk that is not easy to take in account.

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The bookies will refund the money, so no gamblers are losing here.

It's more make sense like this, you bet on a team to become a champion in Premier League, but in the middle of the league, the key player is injured and out of season. This make the team performance fall really deep and it looks like they will not able to comeback.

You know which team I'm talking about. Wink

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

...And what do you think about the whole situation that happened?

Sports betting is different because there is a human factor involved, as was the case with Magnus Carlsen. In this case, the result may be unpredictable if the player you are betting on has any psychological or physical problems.

You can expect anything from Magnus Carlsen antics) He had previously appeared at the tournament in Spain in shorts and a T-shirt, which caused criticism from the organizers.

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Gambling is risky still, either the player you bet on behaves unexpectedly or not.

Some will sustain injury and that will be the sign that the game will probably end very badly, some will just not be in a very good mood on that day, so you betting on them is risky still, they don't care if you place bet or not, they don't even know anyone.

Most gamblers are just gambling without understanding the risks, I have a friend who bet on Super Monaco sports and in the middle of that car race a crash took place and it was so over, these things are meant to happen, manage your money well.

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Magnus Carlsen and the governing body FIDE have not had the best of relationships lately which must have played a part in this issue being as drawn out as it was.

If this counts as a forfeit, the bookie may not return money to those that bet on him to win. He was likely not to win with the run of results he was having leading up to his withdrawal.

- Jay -

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I can only imagine the frustration of those who backed him. I just can't believe he quit a major tournament over wearing jeans. I mean who would have thought that a dress code would be the downfall of such a legendary chess career? I wonder what the reason behind the strict dress code was. And did he really have no other choice but to quit? Do you think he overreacted or was he justified in standing up for his principles?

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

Quote

World chess great Magnus Carlsen has quit a major tournament after being told he could not participate while wearing jeans.

The Norwegian was defending his World Rapid and Blitz Chess Championships in New York on Friday when governing body FIDE made the request.

He said he offered to change his trousers for the following day before being fined and told he needed to change straight away.

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The news article was published on Daily Mail

I think that nitpicking jeans and disagreements between participants and tournament organizers happen extremely rarely. I would even say that this is an isolated case.

On the other hand, shouldn't the casino (or bookmaker) return the bets placed on Magnus Carlsen to the gamblers? What happened is a kind of force majeure circumstance, to which the gamblers have nothing to do, and therefore should not bear the burden of responsibility in the form of losing the bet.

Yes, Magnus Carlsen will probably not become a winner now, but this did not happen as part of his participation in the tournament, but because of a conflict with the organizers.

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Quote from: Hatchy on December 29, 2024, 02:13:12 AM

I wonder if he has always played that way since in other tournaments. Because if not, he wouldn't have done what he did when he was asked to change his jean. Well, that is more reasons why i don't bet on much games, I prefer soccer as we know they have standards and rules guiding them...

I am sure those who bet on him would be refunded since it was cancelled, but as you said, the most annoying thing is being so rude or do i say arrogant of himself for not abiding to rules and regulation of the game. I believe as an old player who knows about the cheers game should be aware when entering such place he shouldn't have wore something that is against their standard and also not inline with their dressing codes.

Could this competition be fixed again?

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I believe that house edge is more practical in casino games than sports bet, in casino you're dealing with machines that have been programmed for gamblers to lose more than wins. In sports bet your wins depends on the performance of the athletes or teams that you're betting on so it's true that house edge is not much pronounced in sports bet. Your team or athlete can underperform or be unlucky and it'll affect your bet, this is because humans are not programmed to always give a particular results. Couple of factors can make athletes to loose focus or be suspended whereby causing gamblers to lose their bets.

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The game was not finished. So I expected bookies to return the money of those that bet. You bet on it and the gambling site that you used did not return your money? They ought to return your money.

I prefer sport betting. My experience there is that anything that does not make a match to end will result to the betting site give people back their money.

viljy

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Well, such shocking actions are sometimes found among athletes. And in chess, where the best minds are gathered, the whims of champions are common. There was such an undefeated champion Robert Fischer, who was called the king of chess outrage in the media.
In fact, of course, it's unpleasant when, for a completely stupid reason, the competition breaks down, which you waited for, placed a bet, and as a result - nothing. Although, for me personally, it is much more unpleasant to lose a bet, as I recently lost a bet on Tyson Fury.

yahoo62278

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Seems if you did make a bet it should be refunded as a no bet IMO. Guy never played in the tourney. I think he should have been aware of the dress code though and not entered if he couldn't or wouldn't comply.

Quote from: Hatchy on December 29, 2024, 02:13:12 AM

That's another thing again.. pride.. I wonder why some players just so full of them selves. This is something that a whole lot of people are coming from far and near to watch you play not just because of the bet, but because they love you. Instead of doing what you know is right, you quite the game for a reason that makes no sense. I wonder if he has always played that way since in other tournaments. Because if not, he wouldn't have done what he did when he was asked to change his jean. Well, that is more reasons why i don't bet on much games, I prefer soccer as we know they have standards and rules guiding them...

Seems like a silly thing to be prideful about.

EluguHcman

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Quote from: Alphakilo on December 29, 2024, 01:58:27 AM

You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player.

Not until I bets on one-on-one challenging match or game directly against other players like having a gaming tournament with friends at the casinos would I believe I and players are betting against each other and not the house. Then I am either to take the wager or the other player does.

But if I am literally betting on no opened challenger as that, then it is believed that I am betting against the casino house which I am either to win or the house wins.

So apparently the difference of betting against the house and other players is quite clear as the bookmakers has already programed the sites with instructions.

Hatchy

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That's another thing again.. pride.. I wonder why some players just so full of them selves. This is something that a whole lot of people are coming from far and near to watch you play not just because of the bet, but because they love you. Instead of doing what you know is right, you quite the game for a reason that makes no sense. I wonder if he has always played that way since in other tournaments. Because if not, he wouldn't have done what he did when he was asked to change his jean. Well, that is more reasons why i don't bet on much games, I prefer soccer as we know they have standards and rules guiding them...

Alphakilo

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You can do all your analysis and make the right bets, yet even now, it's not the house edge working against you, but the player. Those who bet on Magnus Carlsen to win the World Rapid and Blitz Chess Championships in New York must be very upset because the player decided to quit for the most unbelievable reason. No one saw this coming not even me.

Quote

World chess great Magnus Carlsen has quit a major tournament after being told he could not participate while wearing jeans.

The Norwegian was defending his World Rapid and Blitz Chess Championships in New York on Friday when governing body FIDE made the request.

He said he offered to change his trousers for the following day before being fined and told he needed to change straight away.

Did any of bet on Magnus Carlsen to win? And what do you think about the whole situation that happened?

The news article was published on Daily Mail

Topic: Sometimes Even the House Edge is not Against you Rather the Player You Bet On (Read 341 times)