Sports betting and cashing out early..discussion on house rules - page 3.

Wakate

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Quote from: Doan9269 on October 18, 2024, 12:59:38 PM

Quote from: ChiBitCTy on October 18, 2024, 12:26:28 PM

Let's say your team is up a point or two with plenty of time left and the odds heavily or just mostly favor that team winning. Now let's say their best player gets hurt, which greatly changes the odds of the outcome. Do casinos adjust the cash out amount for events like this right away, or is it something set in stone? I'm assuming they would adjust mid game, but I simply don't know and I'm curious if it varies from casino to casino.

Obviously in a scenario like this cashing out can make sense then since you don't feel as confident, nor would anyone, if you lose your best player.

If the bet have been played before the match started and the slip had been printed as well, there is no need to worry over the changes that may occur over the game before the end of the match, because there is nothing going to alter on the amount we are eligible to win, but for those that didn't started from the begging and the match odd was for instance 2.1 and later turned 1.4 after which the key player was injured and was replaced or could no longer perform well, this will only affect those booking their bet after that and not those who already have placed their bet, this is my own opinion.

In as much as the bet has been printed out, the casino can not edit the odds again for those that has already bet on such game. Maybe the casino can later reduce the odds for future gamblers that would want to add such matches to their games. This is why it is good when we bet early maybe few days before the real match. The odds always reduce as the time towards the match is getting closer. I am a kind of gambler that like cashing out when I've seen that the probability of the team I have added to my sport bet is 50 50 and I can either lose the bet or win. So I always minimize my loses while trying my best to maximize my winnings is my major aim as gambler.

promise444c5

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Quote from: Ojima-ojo on October 18, 2024, 03:18:51 PM

~

I thought you saw the outcome and determined Roll Eyes

...no offence but sure it changes continously ,maybe I should have added significantly at the mid region

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Quote from: Doan9269 on October 18, 2024, 12:59:38 PM

Quote from: ChiBitCTy on October 18, 2024, 12:26:28 PM

Let's say your team is up a point or two with plenty of time left and the odds heavily or just mostly favor that team winning. Now let's say their best player gets hurt, which greatly changes the odds of the outcome. Do casinos adjust the cash out amount for events like this right away, or is it something set in stone? I'm assuming they would adjust mid game, but I simply don't know and I'm curious if it varies from casino to casino.

Obviously in a scenario like this cashing out can make sense then since you don't feel as confident, nor would anyone, if you lose your best player.

If the bet have been played before the match started and the slip had been printed as well, there is no need to worry over the changes that may occur over the game before the end of the match, because there is nothing going to alter on the amount we are eligible to win, but for those that didn't started from the begging and the match odd was for instance 2.1 and later turned 1.4 after which the key player was injured and was replaced or could no longer perform well, this will only affect those booking their bet after that and not those who already have placed their bet, this is my own opinion.

Your opinion is really nice and I was also thinking towards that direction. The fact here is that odd do changes as the time goes on in a match, there are factors that changes odd in a match.
1) if the big team has a small odd and the small team has a Small odd, immediately the small team start wining the game, the big club odd starts increasing. Or vise versa.

2) if they have not started scoring goal in that match as long as 45munits and above, the odd will start reducing.

3) the last one so far accordingly is that if someone has been changed in the match, it can change the odd

Ojima-ojo

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Quote from: promise444c5 on October 18, 2024, 03:07:54 PM

The odds of the outcome cannot be easily determined immediately after those kind of event, there's a need to monitor flow, but in most cases it's likely to reduce , it change range is likely to be on how the game turns out, I mean it's just a single person there might not be too much change in the odds but generally even without any injury the odds could change towards the mid and close time framewhich depends on performance form both side. Afterall, the bookmakers will always want to lure you to click on that button Cheesy

so they have to play with your mind too.

Really sport booking site's are very fast to update the odds as the game plays and even more match game's keeps changing in odds constantly, infact you are the first person that I will hear mentioning such thing as the odd are not updated immediately because that is against what we have always experience.

Sport bookies are very fast and ahead of the player in whatever ways you may thinks and for that you will definitely have to be extra Smart when using cash out botton the reason is that, the moment the game change, the odds are taking away and you may not have it available to you again depending on what the results of the live games.

nelson4lov

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It varies tbh because there is nothing set in stone in sports betting especially when it comes to live betting. The odds are dynamic because even bookies don't know what's going to happen over the course of the game. That is why, when an event occurs (there are thousands of events that could occur) during the match that may alter the results or performance after the event. It's a standard practice across sportbooks that I have played at.

promise444c5

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The odds of the outcome cannot be easily determined immediately after those kind of event, there's a need to monitor flow, but in most cases it's likely to reduce , it change range is likely to be on how the game turns out, I mean it's just a single person there might not be too much change in the odds but generally even without any injury the odds could change towards the mid and close time framewhich depends on performance form both side. Afterall, the bookmakers will always want to lure you to click on that button Cheesy

so they have to play with your mind too.

seoincorporation

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The odds on live betting are dynamic and the fac that the main players gets hurt it change the odds for sure, for exampme, if Argentina is playing and Messi get hurt that will send down the odds on Argentina. And users can take advantage of this by cashing our or by placing bets once this kind of events happens.

I like to bet that way, following the odds and placing the bet in the right time.

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Quote from: Findingnemo on October 18, 2024, 02:41:49 PM

it won't be affected that much cause the entire team is not really based on single player's performance and they might have the star value but they might have someone who can perform similar or at least closer to make the absence insignificat in very small time.

Because of what you have said I think it will be based on the team because there are some teams where the injury to one particular star player can ruin the entire expected performance of the team, even absence of these players when there is team call-up affects the odds because of how very much influential they are considered. There are some other teams that injury to one player will not mean anything because of the quality that the other players possess, for such teams, I don't think any odds will be affected.

Findingnemo

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Bookmakers decides the odds and yeah it's possible the odds might change in the mid game drastically if the dynamics of the game also changes but in most of the games it won't be affected that much cause the entire team is not really based on single player's performance and they might have the star value but they might have someone who can perform similar or at least closer to make the absence insignificat in very small time.

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Quote from: Wiwo on October 18, 2024, 01:17:43 PM

Although not many sport bettors make use of cash out because regardless of the amount available in the cash out balance, they believe in they overall analysis and will followup the game until it ends for them to know what is they faith.

I do not believe in cash out because I have used it before several times and I noticed that why using it if all are bet of chances and I saw many of its disadvantages at the time while betting. But I am using small amount of money to bet on small odds like using $10 to bet on 1.5 odd. But when a user posted on this forum how he supposed to win huge amount of money but he did not cash out and lost the money made me know that situations are different. Example is if I using $10 to bet on bet with winning of $1000 but I won $300 already and I can cash out and avoid the remaining 1 match, I may think otherwise and cash out instead. But the way I am betting, I can not cash out.

Wiwo

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Odds are calculated based on time and events, and just as the others have pointed that sport bookmakers have a way of controlling the odds and if you follow the live bet page you will see how the odds keep changing, sometimes when you see an avaliable cash out, there is no need to give waste time because as the match proceeds so the odds keep changing along the line, sometimes you have to make up you mind not to wait until you realise you total profits before you cash out.

Although not many sport bettors make use of cash out because regardless of the amount available in the cash out balance, they believe in they overall analysis and will followup the game until it ends for them to know what is they faith.

It depending either you betting on ore match or even in live games, the most important thing when it comes to cash out and odds calculation is that it has to do with time and advantages that present themselves during the game, but left for the gambler to decide either to take the cash out or not.

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It all depends on how good the club is, injured players and readjustment of players can certainly cause a change in the odds value but in a situation whereby a team has a high advantage of winning their opponent the change won't be at a significant value. I always tell people that the bookmakers are also gamblers, they carefully monitor the games and make adjustments in favour of themselves and against the gambler. Cashing out isn't always a bad idea, most gamblers get too greedy about it, even if the game ends up playing out after you must have cashed out always consider the fact that you made profit.

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Quote from: passwordnow on October 18, 2024, 12:56:09 PM

Quote from: ChiBitCTy on October 18, 2024, 12:26:28 PM

I'm not writing this to ask the opinion really of whether you gamblers think it's something you should do or not necessarily, but more so the rules and the effects of it.

Let's say your team is up a point or two with plenty of time left and the odds heavily or just mostly favor that team winning. Now let's say their best player gets hurt, which greatly changes the odds of the outcome. Do casinos adjust the cash out amount for events like this right away, or is it something set in stone? I'm assuming they would adjust mid game, but I simply don't know and I'm curious if it varies from casino to casino.

Obviously in a scenario like this cashing out can make sense then since you don't feel as confident, nor would anyone, if you lose your best player.

It varies, I bet mostly before the game starts and the odds mostly are locked on how much they are. But when the game is live, the odds really changes as per my experience so it differs sometimes and it depends to the bookmakers. So I think when you lock on a bet before the game starts, the odd sticks the same but if they open the betting during the live game, they're also adjusting the odds depending on the situation of the game.

I always bet before the game starts but when it comes to major leagues in the weekends in soccer or in Champions League I always watch at least one game while I follow the live betting there, seeing how the odds change and watching live the game contemporary at the same time can sometimes give you an advantage, you for example may see that a certain team is having a lot of opportunities scoring goals and they miss all of them, you pretty much know where to bet especially if that team is in disadvantage you can bet on draw or them to win the game and take profit from some really nice odds, as soon as the game changes an that team scores 2 goals coming in as a winner you can directly use the cashout button which many casinos give that available to use and that is the case where people should take advantage from.

Doan9269

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Quote from: ChiBitCTy on October 18, 2024, 12:26:28 PM

Let's say your team is up a point or two with plenty of time left and the odds heavily or just mostly favor that team winning. Now let's say their best player gets hurt, which greatly changes the odds of the outcome. Do casinos adjust the cash out amount for events like this right away, or is it something set in stone? I'm assuming they would adjust mid game, but I simply don't know and I'm curious if it varies from casino to casino.

Obviously in a scenario like this cashing out can make sense then since you don't feel as confident, nor would anyone, if you lose your best player.

If the bet have been played before the match started and the slip had been printed as well, there is no need to worry over the changes that may occur over the game before the end of the match, because there is nothing going to alter on the amount we are eligible to win, but for those that didn't started from the begging and the match odd was for instance 2.1 and later turned 1.4 after which the key player was injured and was replaced or could no longer perform well, this will only affect those booking their bet after that and not those who already have placed their bet, this is my own opinion.

passwordnow

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Quote from: ChiBitCTy on October 18, 2024, 12:26:28 PM

I'm not writing this to ask the opinion really of whether you gamblers think it's something you should do or not necessarily, but more so the rules and the effects of it.

Let's say your team is up a point or two with plenty of time left and the odds heavily or just mostly favor that team winning. Now let's say their best player gets hurt, which greatly changes the odds of the outcome. Do casinos adjust the cash out amount for events like this right away, or is it something set in stone? I'm assuming they would adjust mid game, but I simply don't know and I'm curious if it varies from casino to casino.

Obviously in a scenario like this cashing out can make sense then since you don't feel as confident, nor would anyone, if you lose your best player.

It varies, I bet mostly before the game starts and the odds mostly are locked on how much they are. But when the game is live, the odds really changes as per my experience so it differs sometimes and it depends to the bookmakers. So I think when you lock on a bet before the game starts, the odd sticks the same but if they open the betting during the live game, they're also adjusting the odds depending on the situation of the game.

Charles-Tim

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If it is a good club or team, the odd may not change. Also know that even if the odd changed in a way the winning team odd slightly increases, know that as the time is going, the odd will continue to decrease while the cash out amount will be increase unless the losing team score.

Know that if the best player is removed, he will be replaced by another player. I have not noticed anything significant in the odd before but I did noticed changes in odd and cashout if an important player received red card.

If the team will become weak if the best playeris injured and removed from the field, know that those betting sites are very wise. The match you are watching is some seconds slower than what is in real life, they will pause the odds and cash out immediately, make analyses by themselves and use it to set the new odds and cash out. Do not be surprised if the amount to cash out dropped significantly or become unavailable for that time.

Edit:
Casinos are not bookies, bookmakers or sport betting sites.

ChiBitCTy

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I'm not writing this to ask the opinion really of whether you gamblers think it's something you should do or not necessarily, but more so the rules and the effects of it.

Let's say your team is up a point or two with plenty of time left and the odds heavily or just mostly favor that team winning. Now let's say their best player gets hurt, which greatly changes the odds of the outcome. Do casinos adjust the cash out amount for events like this right away, or is it something set in stone? I'm assuming they would adjust mid game, but I simply don't know and I'm curious if it varies from casino to casino.

Obviously in a scenario like this cashing out can make sense then since you don't feel as confident, nor would anyone, if you lose your best player.

Topic: Sports betting and cashing out early..discussion on house rules - page 3. (Read 422 times)