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Author Topic: Betting Odds comparison  (Read 706 times)
Pamadar
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July 02, 2020, 12:59:57 PM
 #21

Using BitEdge in combination with other websites for odds checking is best way to have highest returns.
It would be nice to see them add few more crypto based betting websites.

 

Using more references gives better assessments before placing your bets, there are people who are also into arbitrage betting
and with this kind of information, it will be easy for them to track down.

Every opportunities like this won''t be disregarded by sports bettors who really into this business
knowing that they'll be able to manage to generate more money with small differences from available
odds.
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July 04, 2020, 07:53:58 AM
Merited by Viscore (2)
 #22

Using BitEdge in combination with other websites for odds checking is best way to have highest returns.
It would be nice to see them add few more crypto based betting websites.

 

Using more references gives better assessments before placing your bets, there are people who are also into arbitrage betting
and with this kind of information, it will be easy for them to track down.

It will if the site will provide an updated odds, but I don't think we will see more opportunity to arbitrage as bookmakers are very smart now and sportsbook are just getting odds from reputable oddsmaker. In addition, arbitrage betting is hard job, you need to focus on it if you like to spot and opportunity, I think it's more possible in live betting.


Every opportunities like this won''t be disregarded by sports bettors who really into this business
knowing that they'll be able to manage to generate more money with small differences from available
odds.
Maybe by big bettors, for ordinary bettors, it does not matter to us a lot, we just look for a gambling site to gamble to have fun, for a little difference, for me, I would not transfer my money to other gambling sites and play with them, I'm a small bettor and I'm loyal with my current sportsbook .

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Lordhermes
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July 04, 2020, 05:51:06 PM
 #23

Can this arbitrage betting be regularly used often times? different bookmakers sets percentage greater than each other not on a standard time. I am currently a user of 1xbet platforms because I think their odds are great to bet with to give me a high multiplier of winning on my stake.
Odd comparison are important in the sense that it gives bettors hint to place a bet on some certain games to be played. Most of the times comparing odds during an hour a game to kick up is good and reduces risk.
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July 04, 2020, 09:07:44 PM
 #24

I have no idea about these sites that offer odds reviews before, I always prefer to remain in the reliable betting site that gives me the freedom to deposit and withdraw. I cannot create accounts on all betting sites, But there are some who like it, perhaps in the future when all the leagues return to operation, I will rely on this tool, I think it will be useful, and thanks for the information.
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July 04, 2020, 09:12:17 PM
 #25

I am among those helped by the website bitedge.com, I can compare odds for crypto betting and choose the best websites. And I managed
to generate a large enough profit because the website bitedge.com. So I recommend for those who want to compare odds for cryptocurrency
betting. Thank you for sharing information about the bitedge.com website, so other people can be helped too. As I have felt it myself.

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July 04, 2020, 09:53:18 PM
 #26

Bitedge has been pretty popular in the crypto circle for quite sometime now. It is my favorite site for comparing crypto betting site odds and for checking various arbitrage opportunities.

I have earned decent profits thanks to their arbitrage alerts(1% to 4% range). The big pro here is that everything is available for free unlike some other sites which charge you for these alerts etc. I highly recommend this site to crypto punters.

How often do arbitrage opportunities arise (and how much in percent)? Judging by the screenshots in the first post, the odds for all bookmakers are almost identical. Maybe I'm wrong, but it’s more realistic to catch arbitration in live betting, theoretically, they should occur more often and they should be more interesting.

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July 05, 2020, 06:25:32 AM
 #27

I have no idea about these sites that offer odds reviews before, I always prefer to remain in the reliable betting site that gives me the freedom to deposit and withdraw. I cannot create accounts on all betting sites, But there are some who like it, perhaps in the future when all the leagues return to operation, I will rely on this tool, I think it will be useful, and thanks for the information.


This is not for you, but it could be useful for other gamblers especially those who are betting huge money, like the sharks or the whales in gambling.
For me, I appreciate that OP shared this one but in reality it's not applicable to me as I'm no whale, I'm just an ordinary better who may cry when I lose $100 or more.  Tongue

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July 05, 2020, 06:30:07 AM
 #28

I like the idea of where it's easily accessible. You could easily arbitrage this type of bets and compute the output quickly. I haven't tried doing it personally, but I have watched videos in which you could profit from the odd differences between different betting sites. I think this could be helpful for gamblers who are into this type of thing.

I will be watching this thread from now on for future information and reference as well. Thanks for this OP.

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July 05, 2020, 06:37:14 AM
 #29

I like the idea of where it's easily accessible. You could easily arbitrage this type of bets and compute the output quickly.

Sorry but I will disagree with your idea because there is no such thing called easy in arbitrage betting, especially if the information is coming from a free site.

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July 05, 2020, 06:45:08 AM
 #30

I like the idea of where it's easily accessible. You could easily arbitrage this type of bets and compute the output quickly.

Sorry but I will disagree with your idea because there is no such thing called easy in arbitrage betting, especially if the information is coming from a free site.
What are you talking about? Do you know what arbitrage betting is? I didn't say that it comes from the site but you could do it on your own if you know how to do it. You have to put values in a couple of ways.

  • Stake 1
  • Stake 2
  • Odd 1
  • Odd 2
  • Return 1
  • Return 2

Don't disagree when you don't even know what I'm talking about. Educate yourself with this link

https://en.wikipedia.org/wiki/Arbitrage_betting

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July 05, 2020, 08:14:12 AM
 #31

I like the idea of where it's easily accessible. You could easily arbitrage this type of bets and compute the output quickly.

Sorry but I will disagree with your idea because there is no such thing called easy in arbitrage betting, especially if the information is coming from a free site.
It used to be a kind of obscure world with very little information, but nowadays you can find several websites showing you valid arbitrage opportunities. If you are charging for information, showing a demo of your data (in this case arbitrage opportunities) does not shock me.



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July 05, 2020, 08:23:17 AM
Last edit: July 05, 2020, 08:45:58 AM by freedomgo
 #32

I like the idea of where it's easily accessible. You could easily arbitrage this type of bets and compute the output quickly.

Sorry but I will disagree with your idea because there is no such thing called easy in arbitrage betting, especially if the information is coming from a free site.
What are you talking about? Do you know what arbitrage betting is? I didn't say that it comes from the site but you could do it on your own if you know how to do it. You have to put values in a couple of ways.

  • Stake 1
  • Stake 2
  • Odd 1
  • Odd 2
  • Return 1
  • Return 2

Don't disagree when you don't even know what I'm talking about. Educate yourself with this link

https://en.wikipedia.org/wiki/Arbitrage_betting

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.

What I disagreed with your statement is the words " You could easily arbitrage this type of bets".....

Which is wrong IMO as we are not looking for bets but the odds differences to bet on.


That site was a free site and if you read the past comments one poster said odds are not timely updated and arbitrage betting based on my experience, you'll have a great chance to spot an opportunity if you are live betting.

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 have used it before but according to my experience the alerts were a bit slow or inaccurate.

Based on actual experienced, not THEORY.

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July 05, 2020, 09:08:15 AM
 #33

~

Isn't that platform lessen your capability to bet on yourself? Yes it was helpful as it would show you statistical data on whom has higher chance to win, yet isn't chance a big factor that affects winning as well? I've been gambling for months yet I never tried following odds by certain websites and I've found no problem winning at all. I think it limits your capability to learn things and study a certain game and the people or team you will bet on.

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July 05, 2020, 09:18:50 AM
 #34

~

Isn't that platform lessen your capability to bet on yourself?

No, that platform was just showing the odds from different site, your chances to win solely depends on capability in choosing a team to win.
Better odds will just give you better return, that's it, nothing more.

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July 05, 2020, 10:00:22 AM
 #35

~
No, that platform was just showing the odds from different site, your chances to win solely depends on capability in choosing a team to win.
Better odds will just give you better return, that's it, nothing more.

So how would they calculate the odds, by other website and its user's predictions or by other websites and it's own predictors? Nevertheless, one thing or the other, 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.

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July 05, 2020, 10:16:39 AM
 #36

~
No, that platform was just showing the odds from different site, your chances to win solely depends on capability in choosing a team to win.
Better odds will just give you better return, that's it, nothing more.

So how would they calculate the odds, by other website and its user's predictions or by other websites and it's own predictors? Nevertheless, one thing or the other, 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.

As you can see in the OP, there are 5 sportsbook which has betting odds differences, that odds are the actual odds from the respective sportsbooks, it was just summarized in this site so we can see a picture of comparison and we can choose the best odds if we like.

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July 05, 2020, 10:38:08 AM
 #37

So how would they calculate the odds, by other website and its user's predictions or by other websites and it's own predictors? Nevertheless, one thing or the other, 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, as what Russlenat had been said:
No, that platform was just showing the odds from different site, your chances to win solely depends on capability in choosing a team to win.
Better odds will just give you better return, that's it, nothing more.


As you can see in the OP, there are 5 sportsbook which has betting odds differences, that odds are the actual odds from the respective sportsbooks, it was just summarized in this site so we can see a picture of comparison and we can choose the best odds if we like.

Indeed, it only shows that were based on various gambling/betting platforms. Yet, Shimmiry asked whom dictates such odds on those certain sportsbooks, are they the users, analyst, or calculated based off on the bets and certain algorithms? Odds really is just a statistical chance and numerical illustration of whom has the greater hand in the game, but real researches of current situations would really give you higher chances of winning.

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July 05, 2020, 10:55:38 AM
 #38

Bitedge is indeed helpful in comparinf bet odds. It is even not that complicated to compare betting odds on different gambling platform. As for me, I am not using such calculator at all times but if I want to find which one is the best then i'll use an odds comparison. I always add to bookmark site that Is helpful for me.
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July 05, 2020, 11:58:00 AM
 #39

Yet, Shimmiry asked whom dictates such odds on those certain sportsbooks, are they the users, analyst, or calculated based off on the bets and certain algorithms?

it's the oddsmaker, they provide odds to sportsbook but some sportsbook have different odds provider, that's why arbitrage betting is possible.


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July 05, 2020, 12:40:39 PM
 #40

Yet, Shimmiry asked whom dictates such odds on those certain sportsbooks, are they the users, analyst, or calculated based off on the bets and certain algorithms?

it's the oddsmaker, they provide odds to sportsbook but some sportsbook have different odds provider, that's why arbitrage betting is possible.

Sportsbooks release the initial odds according to the odds maker or odds provider. Of course they got the odds from their analysts.

Once the odds are already released to the public for betting, the changes on it are not anymore coming from the odds maker or odds provider. They are now coming from the bets that flow from the gamblers. A team's odds rise and fall depending on how the betting goes.
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