Betwrong
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I stand with Ukraine.
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October 20, 2019, 10:35:00 AM |
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~ Going against the crowd or, in other words, betting on something that is very unlikely to happen, has nothing to do with the amount of money someone can afford to lose. In many cases people lose more when they go with the crowd, because the payout of such bets is small, and in order to win $10 you have to wager over $50, and in the case of bad luck you lose your $50. While if someone aiming to win $10 going against the majority, he/she can risk something around $2, and either lose it or win $10 in case of good luck.
I think going against crowd is not a big deal if you have a good observation of the scenario on which you are going to put a bet. But if the case is opposite and you don’t know anything about the case and just by believing on your luck, you make a bet, I think that would be a big mistake from your side because sometimes there are things that are cocksure that they will happen and without thinking and putting bet can never change those things. A big mistake? I don't think so. A big mistake is thinking that something is definitely going to happen. Actually, many people lose big money exactly because of such way of thinking. They bet $1,000 on a team that, according to the majority of bettors, should win the game, being absolutely confident that after the game they will be $100 richer(1.1x multiplier), and lose $1,000 because of bad luck. Haven't you read such stories on this very forum? I've read tons of them. If the vast majority were always right, anyone with $1,000 could stop working and start living off sports betting alone. But the reality is that you are very likely to lose at least one bet within 10 bets with 1.1x payout, and thus your overall profit will be slightly negative.
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DaveWave
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October 20, 2019, 10:42:56 AM |
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A big mistake? I don't think so. A big mistake is thinking that something is definitely going to ha=ppen. Actually, many people lose big money exactly because of such way of thinking. They bet $1,000 on a team that, according to the majority of bettors, should win the game, being absolutely confident that after the game they will be $100 richer(1.1x multiplier), and lose $1,000 because of bad luck. Haven't you read such stories on this very forum? I've read tons of them.
If the vast majority were always right, anyone with $1,000 could stop working and start living off sports betting alone. But the reality is that you are very likely to lose at least one bet within 10 bets with 1.1x payout, and thus your overall profit will be slightly negative.
Correct. And the house-edge is always there. If 10 people will bet $1,000 each at 1.1 and no one bet on the opposing team, there is a high tendency that the 11th bettor onwards won't be receiving a 1.1 odds. The odds will change from 1.1 to 1.09 or even lower.
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Janation
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October 20, 2019, 10:53:45 AM |
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Usually people in sportsbetting game, us their analysis first before they make bet. And a lot of people must be have same choice because of that. Maybe about bet againts majority is something that rarely happen, and like what you said it can happen and make someone win when they get luck.
I think it is not that rare. There are a lot of gamblers that usually go against the majority. When you really support the team and they are not the team that is favorable to win, they still bet on it. I think the thing that rarely happens is that team winning since usually, the majority wins. It happens and I did go against majority one time and that did not go well, kinda expecting it though so no hard feelings.
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carlisle1
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October 20, 2019, 11:17:07 AM |
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always because i want to have challenge and curious what will happen if i won and many have lose.but i only bet smaller amount because i knew that the chance of winning is more little than majority There were plenty of times and even today I make my decisions based on my own intuition and thoughts. I don't base them on what the "majority thinks". After all we are all humans and we are prone to the same mistakes. More people thinking the same thing doesn't mean that they are not wrong. Do your own match preparing, look at statistics and form and compare the odds. This way you will be able to come with the best decision for yourself.
i can feel you mate because that same way is my thinking at also you are correct that we humans sometimes tend to commit mistakes time and time again but in the end of the day it pleases us and give us contentment
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Betwrong
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I stand with Ukraine.
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October 21, 2019, 09:15:40 AM |
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A big mistake? I don't think so. A big mistake is thinking that something is definitely going to ha=ppen. Actually, many people lose big money exactly because of such way of thinking. They bet $1,000 on a team that, according to the majority of bettors, should win the game, being absolutely confident that after the game they will be $100 richer(1.1x multiplier), and lose $1,000 because of bad luck. Haven't you read such stories on this very forum? I've read tons of them.
If the vast majority were always right, anyone with $1,000 could stop working and start living off sports betting alone. But the reality is that you are very likely to lose at least one bet within 10 bets with 1.1x payout, and thus your overall profit will be slightly negative.
Correct. And the house-edge is always there. If 10 people will bet $1,000 each at 1.1 and no one bet on the opposing team, there is a high tendency that the 11th bettor onwards won't be receiving a 1.1 odds. The odds will change from 1.1 to 1.09 or even lower. Exactly. In some cases you can get 1.01 even. And with that payout, losing just two bets out of 190 will make your overall profit negative. I find going against the crowd more entertaining than the opposite way of betting. Firstly, while doing so, you are ready to lose your bet, which is always healthy in gambling. Secondly, winning $50+ while risking only $1, is incomparably funnier than vice versa.
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stadus
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October 21, 2019, 12:57:53 PM |
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I find going against the crowd more entertaining than the opposite way of betting. Firstly, while doing so, you are ready to lose your bet, which is always healthy in gambling. Secondly, winning $50+ while risking only $1, is incomparably funnier than vice versa.
I admire a gambler with this kind of mentality actually, an ability to accept loses is what is the most important traits a gambler has to possess. Sports betting is more exciting when you feel your picks are the same with the smart money or the sharp, because you feel confident with that. I know newbies won't feel that way but when you are experienced in sports betting, going against the majority is kinda easy for you, because you know......
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LbtalkL
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October 21, 2019, 01:12:03 PM |
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I often do this thing betting against the majority can bring us more winnings or profits if lucky. There is a bigger chance to lose but it is exciting even with small odds. But if I calculate I think I have more loss than winning in doing this kind of strategy lol. But it is fun when you won it feels satisfying.
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ScamViruS
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October 24, 2019, 06:29:04 PM |
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Not always the same. The votes of the public may indicate that a team is stronger. There are many things to consider when it comes to gambling. It is almost always seen that many favorite teams lose to relatively less powerful teams. Because the vote does not work in the field, the teams that plays well is the winner.
But the fact is, the teams that get the most votes from the public, those teams often win.
You have just broken it just the way it is bro, the majority team is always the winning the team. I know this so much and this is one reason I never play against the crowd, I see it as a risk. Most times I am always on the lookout for the team with the highest crowd because I know they end up the winning team. I have never really seen the team with crowd lose a game, it happen though but very rare, so preferably its always cool and better to stick with the majority. This has been my experience and it is really being helpful. A friend of mine has once tried to play against the majority and according to him, he wanted to try out something but it didn’t end up well for him because he lost his money. Betting against Majority is always risky. You are right. But there are times when the result is against the majority. I have already said that there are many things that should be verified first. Everyone will go in that direction, so I need to go that direction. why? Because everyone going? I must see the points table before I bet. The points table often makes huge gaps.
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iamaruf
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October 27, 2019, 07:22:53 AM |
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It depends on situation,if i am confident in my decision then no matter how many people Against me i will choose my decision. Few days ago in cricket majority people was supporting that match SA but I believe in India and finally I won.So,it’s Doesn't matter what majority people doing,if I am confident in my decision then I will go there.
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gabmen
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October 29, 2019, 12:50:14 PM |
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It depends on situation,if i am confident in my decision then no matter how many people Against me i will choose my decision. Few days ago in cricket majority people was supporting that match SA but I believe in India and finally I won.So,it’s Doesn't matter what majority people doing,if I am confident in my decision then I will go there.
Well sometimes it's not just about whether you believe in your wager or not. Overwhelming odds usually attract more people betting on one side than the other. Hence the winnings would be considerably less. There are times when i do bet on the side that has less chances of winning. Upsets can be pretty profitable especially when you bet on sport games. I once won a x10 bet on an nba game betting on the knicks.
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djsugar
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October 30, 2019, 07:41:35 PM |
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Sport betting is strange when it wants to be, it never a sure fact the impossibility can turn possible. When booking a bet many bets on what the majority had placed before hand. What am I saying betting site releases games for betting and gives an option where you see what others has selected and very often it's the one with the lower odd that people place bet on.
Last week Saturday was a Turing point for me as I refused to bet with majority(31-8-2019) and placed a draw on the match between osasuna and FC Barcelona. Most people would see it as an unwise decision but that's soccer the foolish thing can turn out to be wise.
How many times have you gone against the crowd and smiled to the bank
Going for majority and winning low is suggested for most betters and it requires courage and experience to go against the majority. The risk and return are both high when it comes to betting against the majority. Albeit very less, but it has happened to me in sports betting when I generally go for the underdogs at times and it has given me almost 8X returns. I bet against the majority in sports like basketball and sometimes in LA Liga matches.
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boyptc
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October 30, 2019, 10:24:26 PM |
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Going against the majority really needs too much courage and confidence but it is not difficult and i think everybody should do what seems right to them because sometimes it happen that majority of the people cannot figure out the situation and if you follow them and loss your bet then it always become the cause of regret, so in some cases people needs to follow their own decision as it is sometimes the demand of the situation.
Nope, it doesn't really need to take too much courage when you're about to do it. Sometimes we act something differently and doesn't go with the crowd because we want twist. But yeah if we are confident with what we're doing, going against with everyone's bet is fine thing to try.
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STT
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October 30, 2019, 11:04:22 PM |
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The scenario of betting the favourite and losing at least 1 in ten games is why I dont want to really go with the overdog in a betting situation, the odds are poor and more capital is required and to me more risk of an outlier outcome. I find it far more feasible to bet the underdog and look for special circumstances where they might win, an unseen improvement or factor that makes the odds actually good value in your favour. Thats my personal favourite way to bet and the capital required isnt so much, just the detail to research on the possibility of the win. People bet favourites because they dont have the time to watch as many games so they go with the name thats always in the news but the people who are not written about as much are where the value prospect lies imo. I bet small amounts that I dont mind losing but with the big dream of David beating Goliath.
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Capt00
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October 30, 2019, 11:30:07 PM |
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Going against the majority really needs too much courage and confidence but it is not difficult and i think everybody should do what seems right to them because sometimes it happen that majority of the people cannot figure out the situation and if you follow them and loss your bet then it always become the cause of regret, so in some cases people needs to follow their own decision as it is sometimes the demand of the situation.
Nope, it doesn't really need to take too much courage when you're about to do it. Sometimes we act something differently and doesn't go with the crowd because we want twist. But yeah if we are confident with what we're doing, going against with everyone's bet is fine thing to try. It still need courage going against the majority because what if the team you are about to bet on is considered and underdog by many, then if a gambler think its an underdog then they would normally go with the majority but if you have trust on that team and have courage to risk your money on that team then yeah you will go against the majority.
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gabmen
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October 31, 2019, 07:46:43 AM |
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Going against the majority really needs too much courage and confidence but it is not difficult and i think everybody should do what seems right to them because sometimes it happen that majority of the people cannot figure out the situation and if you follow them and loss your bet then it always become the cause of regret, so in some cases people needs to follow their own decision as it is sometimes the demand of the situation.
Nope, it doesn't really need to take too much courage when you're about to do it. Sometimes we act something differently and doesn't go with the crowd because we want twist. But yeah if we are confident with what we're doing, going against with everyone's bet is fine thing to try. It still need courage going against the majority because what if the team you are about to bet on is considered and underdog by many, then if a gambler think its an underdog then they would normally go with the majority but if you have trust on that team and have courage to risk your money on that team then yeah you will go against the majority. Nah. If you go against overwhelming odds, you don't really expect to gain anything. So it's basically a case of a nothing-to-lose bet. I'd even call it desperation so one can get a bigger winning. People who often bet against the majority or the underdog don't really have much on the line most of the time. I sometimes do it on a whim or just for the challenge of it.
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peter0425
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October 31, 2019, 09:07:57 AM |
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Going against the majority really needs too much courage and confidence but it is not difficult and i think everybody should do what seems right to them because sometimes it happen that majority of the people cannot figure out the situation and if you follow them and loss your bet then it always become the cause of regret, so in some cases people needs to follow their own decision as it is sometimes the demand of the situation.
Nope, it doesn't really need to take too much courage when you're about to do it. Sometimes we act something differently and doesn't go with the crowd because we want twist. But yeah if we are confident with what we're doing, going against with everyone's bet is fine thing to try. Twist and challenge as well mate,because I can feel that Sometimes I am betting against the majority because I want then to feel defeated so even there’s lower chance of winning yet I risk my money But this is only for a couple of times and not happening always because I am losing everytime I go against them lol 😂😂😂
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Clement Kaliyar
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October 31, 2019, 09:28:18 AM |
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How many times have you gone against the crowd and smiled to the bank
I never made a bet going against the crowd and i had many losses even going for the favorite but you need to be really lucky to go against and place a bet on the underdog and in fights we usually see upsets most of the time but it is really difficult to have a consistency if you are always looking for the underdog.
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Finestream
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October 31, 2019, 10:01:49 AM |
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How many times have you gone against the crowd and smiled to the bank
I never made a bet going against the crowd and i had many losses even going for the favorite but you need to be really lucky to go against and place a bet on the underdog and in fights we usually see upsets most of the time but it is really difficult to have a consistency if you are always looking for the underdog. You can be consistent regardless on the number of bets you make, when betting on underdog, you don't need to bet on a daily basis, your job is to carefully evaluate each game to find a game with a value betting on underdog, just increase your bet if you are confident and you'll surely be profitable in the long run provided you are consistent with choosing the right game for you.
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carlisle1
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October 31, 2019, 10:31:37 AM |
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How many times have you gone against the crowd and smiled to the bank
I never made a bet going against the crowd and i had many losses even going for the favorite but you need to be really lucky to go against and place a bet on the underdog and in fights we usually see upsets most of the time but it is really difficult to have a consistency if you are always looking for the underdog. so why not try to go against the majority?since you are always losing with your favorite.isn't time for you to try another area in which haven't tried? sometimes we need to take a risk to make success because majority never win consecutively and underdog take the chances at time,so the next time better ry to go with underdog and not in your favorite
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romero121
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October 31, 2019, 11:18:41 AM |
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How many times have you gone against the crowd and smiled to the bank
I never made a bet going against the crowd and i had many losses even going for the favorite but you need to be really lucky to go against and place a bet on the underdog and in fights we usually see upsets most of the time but it is really difficult to have a consistency if you are always looking for the underdog. My days of gambling started with underdogs than topdog. During those days of gambling my preference was betting on tennis, and the preferred sports betting site is directbet. The funds were placed in hundreds of dollars. Majority of the time I prefer underdog and profited more than 2 bitcoin. At some point I could've changed my mind, but I believed and continued to stand against the majority which made me loss all that I profited.
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