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Author Topic: Copying Bets From Other Bettors OFFICIALLY...  (Read 230 times)
Yogee
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November 14, 2022, 11:25:58 PM
 #21

I think it just adds unnecessary work for crypto casinos or bookies but some platforms already have this copy bet feature. They will probably have to partner with a third party to monitor all these activities to avoid any kind of fraud from tipsters and those who just copy bets.

R


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November 14, 2022, 11:46:00 PM
 #22


Such features and services surely will not be free. I doubt a casual gambler like you OP or let's say those who don't have time will spend a decent amount to subscribe to that kind of service. Since good sports bettors worked their way hard, they won't be satisfied with just a commission. They should get another payment for being selected as the bettor to be copied by these subscribers.

I think we should not take sports betting into a bit more technical and hassle. If you don't have time to follow sports, then it's our problem anymore. If you want to do sports betting at least make some effort to help yourself to choose the right bet.

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November 15, 2022, 09:08:36 AM
 #23

Just as in trading for which they have copy trading that allows a user to copy the trades of anyone that they want to. Usually, everyone can see the trades of the people that are good with their stats.
I also think of it as a cool idea, as long as every user can activate or deactivate the feature. Whether you are a copier or the one being copied, there should be an incentive for those that are being copied with their winning bets.
Actually, copying bets from other bettors is good, especially if other bettors have had a good journey in placing bets. The more often bettors win, of course, they have a good betting record. This, of course, will attract people to follow the bettor and take part in placing the same bet because they want to get a win too. Those bettors can also get an incentive because they can spread the affiliate thread to people who wish to copy the bettor's bets. This means bettors can also get additional income from the people joining them. Apart from that, that bettor can also get a good reputation among other bettors.
But the thing here is, not at most times the bettor will show a good result for each bet that he makes. And the problem that might exist is that the copier will find someone to blame if the bettor loses that bet. Well, mostly it's the bettor that the copier will have to blame for the potential losses that he'll make. Yeah, it's good because it's like working smartly but it's more smart if you get to have your own bets and then you'll be the one being copied because of your good stats and few losses.

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November 15, 2022, 11:10:05 AM
 #24

So this is a new thread. But as I earlier mentioned, I would love a copy-betting feature. I know some people hate it referring to people who copy from others as low in confidence and people may not enjoy their bets if they do not use their own analysis with their bets. I also do not like copy-betting personally but if I saw someone on a betting site with a consistent 400% profit in a week and it is transparent and real then I won't hesitate to allocate a separate fund and copy its bets. I can continue betting on my own analysis anyways using a separate fund.

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November 15, 2022, 12:54:14 PM
 #25

So this is a new thread. But as I earlier mentioned, I would love a copy-betting feature. I know some people hate it referring to people who copy from others as low in confidence and people may not enjoy their bets if they do not use their own analysis with their bets. I also do not like copy-betting personally but if I saw someone on a betting site with a consistent 400% profit in a week and it is transparent and real then I won't hesitate to allocate a separate fund and copy its bets. I can continue betting on my own analysis anyways using a separate fund.
Some people do just prefer copying bets of the 'better' players out there. It could be lower confidence or they just prefer it such way, nothing more, nothing less. Some gamblers are even winning more by doing so. Another thing in copy betting is a player being able to bet on gambling games he is not knowledgeable of (but ofcourse this would add risk to their bets 'coz it is important to be aware of what you are doing). But we are all aware that for other people, this is 'cheating'- I don't get this point either maybe it has something to do with "pride as a gambler" which is not applicable to everyone.
In the first place, not all gamblers are into passion related factors on why they are playing. Many gamblers are just into profit.

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November 15, 2022, 12:57:09 PM
 #26

So this is a new thread. But as I earlier mentioned, I would love a copy-betting feature. I know some people hate it referring to people who copy from others as low in confidence and people may not enjoy their bets if they do not use their own analysis with their bets. I also do not like copy-betting personally but if I saw someone on a betting site with a consistent 400% profit in a week and it is transparent and real then I won't hesitate to allocate a separate fund and copy its bets. I can continue betting on my own analysis anyways using a separate fund.
Some people do just prefer copying bets of the 'better' players out there. It could be lower confidence or they just prefer it such way, nothing more, nothing less. Some gamblers are even winning more by doing so. Another thing in copy betting is a player being able to bet on gambling games he is not knowledgeable of (but ofcourse this would add risk to their bets 'coz it is important to be aware of what you are doing). But we are all aware that for other people, this is 'cheating'- I don't get this point either maybe it has something to do with "pride as a gambler" which is not applicable to everyone.
In the first place, not all gamblers are into passion related factors on why they are playing. Many gamblers are just into profit.

Most gamblers want profit that is right,there is no such thing as gambling for fun because if it was such thing we would not see that huge number of addicted persons.This I think is a great idea that has been brought to crypto gambling but the origin I think is in trading,where the famous eToro website let you copy the trades of the best traders out there which were also accompanied with a statement that past results does not guarantee future performance and I think it would be great if we see the gamblers who have a huge winnings in the sport book in terms of percentage so some of us that are not knowledgeable enough to copy some of their bets  Grin.

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November 15, 2022, 01:29:36 PM
 #27

~
So guys, what do you think about a feature like this? I personally think its cool as f**k, take me for an example, I am somebody who really love to bet on sports but my daily job does not give me any atom of chance to follow sports, so as to have ideas on which game or what sports to bet on, and I believe there are thousands, if not millions of my kind out there , a feature like this would be really helpful.

I support the implementation of this feature because I think the more options of placing your bets you have, the better. I would use it a couple of times too, I like experimenting with something new and unknown, but I don't think I would stick with it for a long time. The thing is that I like making my bets by myself because I really enjoy the process. But I enjoy making money too, so if it were a profitable business, I would probably never stop. Smiley

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November 15, 2022, 01:45:04 PM
 #28

The commission thing is really interesting in a way, pushes the idea of people being willing to put their bets in public and let others copy it as well. But the idea of someone winning due to a copy and someone losing due to a copy kind of gives an irky feeling. I mean it's fair ngl, but if you look at it on paper, it kind of feels... bad...? (I don't have any better terms for it). But I guess that's part of the strategy of "copying" someone else's bet I guess.

On another note though, since copy bets CAN be public, wouldn't some users simply, well, bet on their own instead? Instead of pressing the "Copy" bet button from the profile of someone, they just set it up themselves on their own so that they don't have to pay the commission fee. It might be good if it was a minor feature, but if turned major by casinos then it might just simply become useless in the long run. (If commissions for bet copys was still implemented).

R


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November 15, 2022, 03:09:03 PM
 #29

The commission thing is really interesting in a way, pushes the idea of people being willing to put their bets in public and let others copy it as well. But the idea of someone winning due to a copy and someone losing due to a copy kind of gives an irky feeling. I mean it's fair ngl, but if you look at it on paper, it kind of feels... bad...? (I don't have any better terms for it). But I guess that's part of the strategy of "copying" someone else's bet I guess.

On another note though, since copy bets CAN be public, wouldn't some users simply, well, bet on their own instead? Instead of pressing the "Copy" bet button from the profile of someone, they just set it up themselves on their own so that they don't have to pay the commission fee. It might be good if it was a minor feature, but if turned major by casinos then it might just simply become useless in the long run. (If commissions for bet copys was still implemented).

The commission for copying the bet kills the whole idea. The best bettors, when calculating the average of bets, have a meager win over the bookmaker (something like 0.5 percent). And this speaks volumes about their coolness, since in order to get this 0.5% they have to overcome the bookmaker's initial advantage of about 5%. But the commission for copying a bet will eat up the already small average profit (0.5%) - what will be left of the profit in the end?
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November 15, 2022, 03:30:02 PM
 #30

Even if we copy other users bets, that doesn't mean that bet will win. The risk to lose still there, but we could say this way we play with better odds or better chance to win.

Some good sports gamblers will charge us a fee if we want to see their picks, and i have seen services like this in the past. But is a tricky move, because the gambler could place bets to team A and team B and only make public the winning bet to make use think he wins most of the times.

In sports the best thing to do is to place the bets on games that we feel they are an easy win. 

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November 15, 2022, 03:37:33 PM
 #31

The commission thing is really interesting in a way, pushes the idea of people being willing to put their bets in public and let others copy it as well. But the idea of someone winning due to a copy and someone losing due to a copy kind of gives an irky feeling. I mean it's fair ngl, but if you look at it on paper, it kind of feels... bad...? (I don't have any better terms for it). But I guess that's part of the strategy of "copying" someone else's bet I guess.

On another note though, since copy bets CAN be public, wouldn't some users simply, well, bet on their own instead? Instead of pressing the "Copy" bet button from the profile of someone, they just set it up themselves on their own so that they don't have to pay the commission fee. It might be good if it was a minor feature, but if turned major by casinos then it might just simply become useless in the long run. (If commissions for bet copys was still implemented).

Depend on how much the commission is. People will do worse things to make money and this is very possible to happen some will even make more accounts to build up thier profile as a reliable bettor to copy.

There are really good individuals who can analyze matches in sports. They almost win every week just by picking the right athletes and parlaying. Its thier time to show thier profile on social media to lure users to copybet.


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November 15, 2022, 06:46:25 PM
 #32


Most gamblers want profit that is right,there is no such thing as gambling for fun because if it was such thing we would not see that huge number of addicted persons.This I think is a great idea that has been brought to crypto gambling but the origin I think is in trading,where the famous eToro website let you copy the trades of the best traders out there which were also accompanied with a statement that past results does not guarantee future performance and I think it would be great if we see the gamblers who have a huge winnings in the sport book in terms of percentage so some of us that are not knowledgeable enough to copy some of their bets  Grin.
If someone manages to make high-quality forecasts and turns out to make money on it, then tell me why he shares his strategy? I also see some of them trying to sell their predictions. It makes me wonder why someone buys forecasts from other people, it's kind of stupid. It's also hard for me to appreciate how good it is to use other people's predictions, even if they have ratings, since I've never done that. I think that if I risk with my own money, then I have to make the decision myself.

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November 15, 2022, 06:57:10 PM
 #33


Most gamblers want profit that is right,there is no such thing as gambling for fun because if it was such thing we would not see that huge number of addicted persons.This I think is a great idea that has been brought to crypto gambling but the origin I think is in trading,where the famous eToro website let you copy the trades of the best traders out there which were also accompanied with a statement that past results does not guarantee future performance and I think it would be great if we see the gamblers who have a huge winnings in the sport book in terms of percentage so some of us that are not knowledgeable enough to copy some of their bets  Grin.
If someone manages to make high-quality forecasts and turns out to make money on it, then tell me why he shares his strategy? I also see some of them trying to sell their predictions. It makes me wonder why someone buys forecasts from other people, it's kind of stupid. It's also hard for me to appreciate how good it is to use other people's predictions, even if they have ratings, since I've never done that. I think that if I risk with my own money, then I have to make the decision myself.
Well bud, I honestly understand your point and maybe you can try to re-read the OP again and this time, you might understand that a feature like this isn't for every one, it is specially made available to those who choose to use it.
Just the same way trading is not for everyone, gambling is not for everyone, so also bet copying is not for everyone most especially, those who feel they are knowledgeable enough to make their own predictions, you can actually earn a good amount in commission from your predictions if you are good and manage to gather a good number of followers.
Bet copying is not for the pros, but for those know absolutely nothing about sports but still wanna bet, i made this categorically clear in the OP, right ?

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November 15, 2022, 08:30:41 PM
 #34

On another note though, since copy bets CAN be public, wouldn't some users simply, well, bet on their own instead? Instead of pressing the "Copy" bet button from the profile of someone, they just set it up themselves on their own so that they don't have to pay the commission fee. It might be good if it was a minor feature, but if turned major by casinos then it might just simply become useless in the long run. (If commissions for bet copys was still implemented).

If we applied the same system on trading platforms that has a copy-trade feature, obviously, it will just be visible to those who will buy the service. As I said previously here, there's no way it will be free therefore those users have to pay first before they can see the bets. The commission will surely be not present on this as that does not make sense to apply if there's already a fee before anyone can access the copy-bet features.

In other words, users really don't need this copy-bet feature as pre-game analysis are now available everywhere and can act as our reference. It's on us now how to form an analysis using those about a certain match

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danherbias07
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November 15, 2022, 11:47:29 PM
 #35

If there will be profits for the original bettor then it's alright. This could become a competition of who's the top quality gamblers, especially in the sports industry where analysis is needed.
An example would be us in the NBA betting thread where we sometimes tail the bet that was shared by one member of the forum because we think it's a good choice.
If I know there will be profits for him if I tail him then I'd rather copy his bet so that both of us can make money if ever it wins.
It will be like a tip but the one who will pay is the gambling site.
The worry that I see is abuse. Perhaps a limit per day, per gambler, and per IP should also be provided.

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November 16, 2022, 12:05:00 AM
 #36

So guys, what do you think about a feature like this?
That would be a great way to encourage the feature but at the same time, it'll cut a portion of the sportsbook's profit or they have to increase the juice of the odds which can be discouraging at times if you tend to compare odds of different sportsbooks. If it brings down the quality of their sportsbook then it might be better to not incentivize the feature since gamblers prefer better odds. I like the feature as I always share most of my bets and even follow other gamblers but the potential cost that comes with it could be too much once it gets incentivized.

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November 16, 2022, 04:49:01 AM
 #37

If you do not have the time to bet, then why betting? The fun is the game to play, with the little amount of money staked. Betting for profit, earning and making money is a bad idea.
When a person become addicted in gambling then he basically try everything to keep himself busy and taking stress from the sports they placed their bets or the slot game they are playing. They always have time. I can tell from my experience that I was even chasing odds not knowing in which sports or which market I am betting on. It's looking at the odd and seeing if it's going in winning direction or losing.

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