Betting Odds comparison

[crwth]

I know what arbitrage betting is, as I'm a gambler I was pretty much interested with that idea before but I realized it's not easy to do it.
You probably need a software or something that would help you spot an opportunity to do an arbitrage betting.

Sorry about that. I was just surprised and confused about what you are disagreeing with. I should've used a different phrase for what I'm trying to say. Having software would be great to make the computation a lot easier.

Man, relax, that's just my opinion, please don't tell me that I will have to educate myself as I'm a long time gambler particularly in the sports betting and I don't need a wikipedia to educate myself, my experience alone is enough.

I just got the first link that I think is relevant to the conversation. Well, good luck with your endeavors in gambling! Share some strategies if you have techniques about arbitraged betting.

[freedomgo]

I know what arbitrage betting is, as I'm a gambler I was pretty much interested with that idea before but I realized it's not easy to do it.
You probably need a software or something that would help you spot an opportunity to do an arbitrage betting.

Sorry about that. I was just surprised and confused about what you are disagreeing with. I should've used a different phrase for what I'm trying to say. Having software would be great to make the computation a lot easier.

No problem mate, best we can do is to maintain the meaningful discussion here.

Man, relax, that's just my opinion, please don't tell me that I will have to educate myself as I'm a long time gambler particularly in the sports betting and I don't need a wikipedia to educate myself, my experience alone is enough.

I just got the first link that I think is relevant to the conversation. Well, good luck with your endeavors in gambling! Share some strategies if you have techniques about arbitraged betting.

I will, but I don't expect to find a working method in my end as I already quit doing arbitrage betting, I just bet on the team, it's easier and more fun.

[shoreno]

I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

I'm agree with this as I also aren't fond of using such calculators. Based on my experiences, I've seen a lot of user's that lost upon basing of their bets and following those kind of predictions. Meanwhile, I've also lost some as I tried doing the same. Therefore, my stand is with you yet we cannot blame other users that keep their basis on such betting odd platforms

why you insist follow others when you already saw that they are loosing ? so obviously you will loose too and it did happen  . you can blame them because those users make you lost and you can also blame yourself for trying it  .

i wont be happy loosing following others , thats why i never use this kind of tools but im only playing own my own  .  if i loose id be more contented but most of the times i never loose because i know what im doing   .

[Japinat]

I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

I'm agree with this as I also aren't fond of using such calculators. Based on my experiences, I've seen a lot of user's that lost upon basing of their bets and following those kind of predictions. Meanwhile, I've also lost some as I tried doing the same. Therefore, my stand is with you yet we cannot blame other users that keep their basis on such betting odd platforms

why you insist follow others when you already saw that they are loosing ? so obviously you will loose too and it did happen  . you can blame them because those users make you lost and you can also blame yourself for trying it  .

i wont be happy loosing following others , thats why i never use this kind of tools but im only playing own my own  .  if i loose id be more contented but most of the times i never loose because i know what im doing   .

Just follow your own betting strategy, that's the thing you should do.
A strategy that is working for some people, that doesn't mean it will also work for you, and we gambler might differ in implementing or executing it.

What OP have shared is just part of the tools you will need to make a good decision, and this tool could not be useful in the long run due to some changes, you need to update your strategy as well to maintain some consistency in winning if you are already.

[michellee]

I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

I'm agree with this as I also aren't fond of using such calculators. Based on my experiences, I've seen a lot of user's that lost upon basing of their bets and following those kind of predictions. Meanwhile, I've also lost some as I tried doing the same. Therefore, my stand is with you yet we cannot blame other users that keep their basis on such betting odd platforms

why you insist follow others when you already saw that they are loosing ? so obviously you will loose too and it did happen  . you can blame them because those users make you lost and you can also blame yourself for trying it  .

i wont be happy loosing following others , thats why i never use this kind of tools but im only playing own my own  .  if i loose id be more contented but most of the times i never loose because i know what im doing   .

Maybe he thinks that by following them and his luck can come, and he will have the chance to win. But as you say, we can get another loss by following them, so it is better to modify the predictions or strategy or else so the chance to win will be there.

But still, no matter how good we modify the strategy and another thing, if we don't have luck, we will not win and will lose the money. Maybe we need to break a while before we can start a new round.

[Ucy]

Interesting.
I don't know much about lots of the typical betting terms.
I wonder how they determine this and how reliable they are. Wish I could see the past ones and compare them with past games... maybe that will help determine what site will be more successful?

[Botnake]

Interesting.
I don't know much about lots of the typical betting terms.

Be specific, we call it "sports betting terms", here, you can educate yourself.

https://www.thelines.com/betting/terms/

I wonder how they determine this and how reliable they are. Wish I could see the past ones and compare them with past games...

I can see that you don't really know much about sports betting, the site does get their own odds, odds are coming from the sites listed in the OP, was summarized and compared.

maybe that will help determine what site will be more successful?

I guess we should be talking more about the bettors success, not the site.

[bandartogel365]

For football betting, does anyone here know the differences between US / Europe odds and Asian odds? Im still trying to understand both.

[KTChampions]

Just follow your own betting strategy, that's the thing you should do.
A strategy that is working for some people, that doesn't mean it will also work for you, and we gambler might differ in implementing or executing it.

What OP have shared is just part of the tools you will need to make a good decision, and this tool could not be useful in the long run due to some changes, you need to update your strategy as well to maintain some consistency in winning if you are already.

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

[Tipstar]

Wow, I'm late to the party but thanks. I was always looking for a comparison site like this. We had a lot for the traditional casinos but never found as attractive crypto comparison site as this. I have accounts on all of these crypto betting sites and now I can know where I'd get the best odds without checking every of them. The Arbitrage betting is a plus point but the margins are generally so low that it changes by the time you realize it and tries to place bets.

[mirakal]

Just follow your own betting strategy, that's the thing you should do.
A strategy that is working for some people, that doesn't mean it will also work for you, and we gambler might differ in implementing or executing it.

What OP have shared is just part of the tools you will need to make a good decision, and this tool could not be useful in the long run due to some changes, you need to update your strategy as well to maintain some consistency in winning if you are already.

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

Depending on the type of strategy you'll follow.

For example, the strategy in sports betting which I think is effective is " bet against the public",.
It's an effective method as I've mentioned but you can't just follow this method blindly, you also need to spot a match-up that you think one side is heavily favored by the public, so you can spot the value before you take the other side.

[KTChampions]

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

Depending on the type of strategy you'll follow.

For example, the strategy in sports betting which I think is effective is " bet against the public",.
It's an effective method as I've mentioned but you can't just follow this method blindly, you also need to spot a match-up that you think one side is heavily favored by the public, so you can spot the value before you take the other side.

The crowd is always betting on favorites. And as far as I know, studies have been conducted and it turned out that the bet on the favorites is the least profitable. You are right here. But the problem is that on average the bet on an outsider is also unprofitable, although the loss is less than in the first case.
Therefore, even such a strategy loses to the strategy "do not bet at all" 

[StephenJH]

Oddsportal is the best I have ever used and I still use this service for more than 6 years. The total odds selections and variety of choices in real-time odds update page is second to none for me, the simplicity of live data comparison let me choose the best bookie from  100 alternative websites. Pinnacle has the juicy odds and the second bookie is Asianodds. Pinnacle is unbeatable in terms of reacting any kind of format change and this is the main reason why many punters still prefer to spend time there compared to alternative bookies.

[mirakal]

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

Depending on the type of strategy you'll follow.

For example, the strategy in sports betting which I think is effective is " bet against the public",.
It's an effective method as I've mentioned but you can't just follow this method blindly, you also need to spot a match-up that you think one side is heavily favored by the public, so you can spot the value before you take the other side.

The crowd is always betting on favorites. And as far as I know, studies have been conducted and it turned out that the bet on the favorites is the least profitable.

If we look at the overall result, we can only choose between "profitable and not profitable", so I would like to tag the public to be not profitable.

You are right here. But the problem is that on average the bet on an outsider is also unprofitable, although the loss is less than in the first case.
Therefore, even such a strategy loses to the strategy "do not bet at all" 

I'm just referring on the overall bets and I'm glad that you have agreed that the public are betting on the favorites all the time, so they will lose most of the time. How I wish I can always follow this method, but TBH, it's hard to follow as sometimes you also like to enjoy watching and your favorite team is sometimes a public bet.

[Russlenat]

Oddsportal is the best I have ever used and I still use this service for more than 6 years. The total odds selections and variety of choices in real-time odds update page is second to none for me, the simplicity of live data comparison let me choose the best bookie from  100 alternative websites. Pinnacle has the juicy odds and the second bookie is Asianodds.

You are referring to this site (https://www.oddsportal.com/bookmakers/)?

I think I didn't find the names of the popular sportsbook in the forum, unlike what OP linked to us.
To my knowledge,  in the list, only 1xbet  accept bitcoin, can you enlighten me if there's more?

[KTChampions]

The crowd is always betting on favorites. And as far as I know, studies have been conducted and it turned out that the bet on the favorites is the least profitable.

If we look at the overall result, we can only choose between "profitable and not profitable", so I would like to tag the public to be not profitable.

That would be great, but we have no such choice in this case. There is a choice between "unprofitable and very unprofitable" 

You are right here. But the problem is that on average the bet on an outsider is also unprofitable, although the loss is less than in the first case.
Therefore, even such a strategy loses to the strategy "do not bet at all" 

I'm just referring on the overall bets and I'm glad that you have agreed that the public are betting on the favorites all the time, so they will lose most of the time. How I wish I can always follow this method, but TBH, it's hard to follow as sometimes you also like to enjoy watching and your favorite team is sometimes a public bet.

I hope that if you find time to test this method, you will start not with real money bets, but with a theoretical check 

[notblox1]

I am using Bitedge website for some time and I found it very useful.
For example let's look at todays Premiewr League match Manchester United vs Watford
We can clearly see different odds in bookies, and we should use that in our advantage.

https://bitedge.com/odds-comparisons/english-premier-league/

[Shasha80]

For me, bitedge is the best site for odds comparison, at least it helps to choose a probability sportsbook that can provide profit.
Only a small number of betting odds comparison sites accept all cryptocurrency, usually only accepts with fiat. I also like the look
of the website Bitedge is simple and eye catching. Even the features available are quite complete, so it really makes it easy for users.

[bitgolden]

Only after this topic, I just came to know about existence of these many different odds in sportsbetting world. Unfortunately where I do gamble mostly is not showing up anything like this kind of different odds but only some numbers which are usually 1.1 to 3.5 or something . Surprisingly I have been into sportbetting for years by assuming odds are just the multiplier while winning and nothing more .

I guess for the people who get into gambling only after adopting bitcoin and then dicing is the only way for favorite gambling, sportsbetting are something to risky to go with. This is what my level of expose in gambling. But like trading, gambling is also having lots of aspect to learn and make use for better experiences.

[bitbollo]

@bitgolden
sportsbook have this difference in odds since they should equilibrate betting made and reduce the risk of losing their money
best definition that I have found:

Prices are set in a way that reduces variance and ensures profit while still roughly reflecting the real probability of an event occurring.  This is a balance of making a profit and ensuring punters are still attracted to bet on the outcome.

For reference and more info
https://www.onlinebetting.org.uk/betting-guides/how-do-bookmakers-set-odds-and-make-money.html

However sometimes it depends from the Country since were there is a monopole it's very easy find very bad odds
No competition doesn't create any advantage for betters