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Author Topic: Sports betting vs dice betting  (Read 4265 times)
Snorek
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April 02, 2015, 03:22:49 PM
 #81

"


That does not answer the question in anyway whatsoever, 10% "skill" in dice is non existent it is as close to 0 as possible. I am finding it hard how anyone could believe that any skill is involved, there are no winning systems just luck on the day.

If we want to dig really deep one might argue that there is some sort of "skill" in live dice (aka craps) that comes from a dice control.



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What sports in general are considered the best for safe betting?

Also, "Safe" betting is the most retarded term out there. Betting means risking something to get something, it cannot be safe just from the definition.

If by "safe" you mean something that will most likely to happen (like 90% or so) - then usually you will be on the wrong side of the odds anyway and will bleed money in the long run.

So now, I can see that sports bets are not exactly great, because you will either have a really big chance of winning, but you have to bet a lot of money and you can win only small percent in return because of the odds. Or you risk and bet on some not so certain matchups - either win or lose (similar to dice).
magicmexican
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April 02, 2015, 03:58:47 PM
 #82

Difference is, you can win in the longrun. If you have an edge, obviously.

Phildo
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April 02, 2015, 04:23:14 PM
 #83

"


That does not answer the question in anyway whatsoever, 10% "skill" in dice is non existent it is as close to 0 as possible. I am finding it hard how anyone could believe that any skill is involved, there are no winning systems just luck on the day.

If we want to dig really deep one might argue that there is some sort of "skill" in live dice (aka craps) that comes from a dice control.



Quote
What sports in general are considered the best for safe betting?

Also, "Safe" betting is the most retarded term out there. Betting means risking something to get something, it cannot be safe just from the definition.

If by "safe" you mean something that will most likely to happen (like 90% or so) - then usually you will be on the wrong side of the odds anyway and will bleed money in the long run.

So now, I can see that sports bets are not exactly great, because you will either have a really big chance of winning, but you have to bet a lot of money and you can win only small percent in return because of the odds. Or you risk and bet on some not so certain matchups - either win or lose (similar to dice).

You need to compare the odds of winning to the payout to figure out what is a good bet.

On dice sites, there is nothing to figure out. It is set in stone. For sports betting, the odds of winning are not set in stone. The oddsmaker sets the individual odds for each game, they can make a mistake or the situation can change (player gets hurt,importance of the game changes, etc) so you can make a "smart" bet that has a positive expected value for you. A smart bet doesn't mean you are going to win, but it's possible in sports betting, it's not on dice site.
magicmexican
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April 02, 2015, 04:38:08 PM
 #84

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You need to compare the odds of winning to the payout to figure out what is a good bet.

On dice sites, there is nothing to figure out. It is set in stone. For sports betting, the odds of winning are not set in stone. The oddsmaker sets the individual odds for each game, they can make a mistake or the situation can change (player gets hurt,importance of the game changes, etc) so you can make a "smart" bet that has a positive expected value for you. A smart bet doesn't mean you are going to win, but it's possible in sports betting, it's not on dice site.

Pretty much.

In dice, you have noone to outplay or outsmart. In sport betting you have 2 entities you are "playing against" - the traders, who set the initial odds, and the crowd, who moves the line by betting on either side. If you have an informational edge over either of them - you can make money in the long run.

Its not an easy task though, you have to put a lot of time and effort into it.
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