Sports betting: how much knowledge is too much

[kryptqnick]

I've been experimenting with betting on sports, and for now I don't see a difference between when I'm making an educated bet and just betting blindly looking only at the odds. It hasn't been long, however, so I'll keep experimenting.
My question is about a related matter. When I've asked in a different thread what is required to become a good bettor, many have mentioned that knowing the games, the teams and things like that is essential. But I'm sure there's a certain limit to this flow of information, and when this limit is reached, it's not useful and is even potentially harmful for making the decision. If a person is betting on a soccer match and reads about every match of every person on every team, plus weather forecast, plus research on home advantage etc., the amount of information can be overwhelming and probably not that important or useful to bet on the outcome a particular match. What do you think: is there a rule that would help not to drown in information but only focus on what is helpful? Or is it 'the more, the better' in your opinion?

[Peanutswar]

In my opinion, having knowledge gives you a lot of advantage in the game which is a good thing what are the possible outcome of the game.

I want to share the technique I usually do when playing gambling.

For example:

If the game is Best Of 3 or 5 I'm going to choose the best team which has the capability to win this game so I will get a safe and easy profit. This requires a lot of knowledge and information.

If the game is just Best of 1, I will risk my bet/wage right here because anything can possibly happen with this game even the underdog could possibly win this game but be careful this is the riskiest thing you can do and the easiest money you can earn because if you bet into an underdog there is a chance the odd is higher.

[dothebeats]

I don't necessarily see it as excess of information but rather just plain information that could or could not be useful at any given time. Knowing what's going on in a certain sport does not necessarily mean that you know everything. And when it comes to betting, it's true that you don't need all of these little details and stuff since it still depends on how the game is played in the end. It's what you do with the information at hand that makes you a good bettor and not just some random fanatic taking in all information without even analyzing those. Information known is better than information not known, IMO, and the way one uses it is what sets the difference.

[swogerino]

I think the difference is when you make an educated bet you feel a bit more confident that you are going to win the bet and your hopes are higher.When you bet blindly you don’t expect anything and your hopes are not that high.I think too much knowledge is when you stay all day reading different newspapers,analyses and ideas about a certain event.There are many people who study all day an event and claim they make money daily from gambling but I have yet to see one such person.

[Assface16678]

Okay, the same with the knowledge is everything. This helps you to win the game if you don't want to research about the players, teams stats and other things related to the information I suggest to follow your guts this is the best way because anything can happen on the game sometimes even the professionals get shut down by the underdogs also if you don't want to research or find some information about the game you can also follow the statement of other people or just follow their bets sometimes this is effective too in trading if they called 'copy trading" I think this called as "copy betting" be careful because you are dependent on their knowledge.

[AjithBtc]

Knowledge required to bet on sports games is required,at the same time there is need for luck, learning and data relative to the games over the past. Sports betting is all about fun, when you bet with the excess fund apart from the living needs. The necessity of learning occurs when you the preference is to make money out of the games and not fun.

[FlightyPouch]

Knowledge is really helpful, that is the reason a lot of people are into sports betting and mostly winning their bets. Still, there are those games that would really surprise us, upsets, underdog winning, there are games like those. We are gambling, the possibility of winning might be in the team that we are betting but that doesn't mean that the other team has no chance at all, that they have zero percent of winning. It is a game, just like a wheel, doesn't mean it has a good percentage, a good odd, it will be at the top, no, it will roll and no one knows what will happen next. The results usually go as they thought of it, but there are those games that show the result you least expected. Always remember that we are gambling.

[reliable]

Knowledge required to bet on sports games is required,at the same time there is need for luck, learning and data relative to the games over the past. Sports betting is all about fun, when you bet with the excess fund apart from the living needs. The necessity of learning occurs when you the preference is to make money out of the games and not fun.

If some has good knowledge about the sports in which they are going to bet or about the player statistics etc compared to the opponent, then they have good chance to win the bet. Though in the sport things can change fast but still an edge would be there for those who have deep knowledge about the pro and cons of the teams, players etc.

[RapTarX]

I doubt such kind of information would give you a lot of benefits. What I do is simply check with the players and try to get an idea about the match. I barely go with blind pick for odd; last time I did with Bayern vs Lyon match though. Having a lot of information in soccer barely work in my opinion.

[target]

Much like in trading where too much analysis can result to paralysis by analysis and end up chasing a pump.

In sports betting you better not bet at all if you know both have the chance to beat each other unless you risk counting on the luck you have. Its the usual case though. I have bet countless times to bet to the underdog thinking of my luck to win big because of the odds but it rarely happens. Today I don't crave too much for the information, betting for the top dog will bring profit.

[South Park]

I've been experimenting with betting on sports, and for now I don't see a difference between when I'm making an educated bet and just betting blindly looking only at the odds. It hasn't been long, however, so I'll keep experimenting.
My question is about a related matter. When I've asked in a different thread what is required to become a good bettor, many have mentioned that knowing the games, the teams and things like that is essential. But I'm sure there's a certain limit to this flow of information, and when this limit is reached, it's not useful and is even potentially harmful for making the decision. If a person is betting on a soccer match and reads about every match of every person on every team, plus weather forecast, plus research on home advantage etc., the amount of information can be overwhelming and probably not that important or useful to bet on the outcome a particular match. What do you think: is there a rule that would help not to drown in information but only focus on what is helpful? Or is it 'the more, the better' in your opinion?

Through my life I have known two people that were successful at sports bets and I can say you that they were completely obsessed with the sport in which they made bets, they will read every single piece of information available to them and then assign odds that they thought were fair and look for matches in which the odds were favourable for them, so in my opinion this is a case in which you need to keep accumulating information until you can finally being to win against the casinos.

[molsewid]

I think educated bet always wins than blindly bet if the information you gather is enough. When I'm betting I'll always search prediction in google and read it. If the prediction has a good point I will bet in their team who will win. But when the prediction says it will be a close fight or match, I will bet on higher odds. Sometimes the risk in the higher odds is worth it.

[jrrsparkles]

I've been experimenting with betting on sports, and for now I don't see a difference between when I'm making an educated bet and just betting blindly looking only at the odds. It hasn't been long, however, so I'll keep experimenting.
My question is about a related matter. When I've asked in a different thread what is required to become a good bettor, many have mentioned that knowing the games, the teams and things like that is essential. But I'm sure there's a certain limit to this flow of information, and when this limit is reached, it's not useful and is even potentially harmful for making the decision. If a person is betting on a soccer match and reads about every match of every person on every team, plus weather forecast, plus research on home advantage etc., the amount of information can be overwhelming and probably not that important or useful to bet on the outcome a particular match. What do you think: is there a rule that would help not to drown in information but only focus on what is helpful? Or is it 'the more, the better' in your opinion?

When you have the complete knowledge about a sport then it is more easier to predict the winner and make your bets with more confident, yes sometimes we gather too much information but the results can go to other side which is pretty common in the sport betting and also we never have to forget the luck factor is more important than anything to win a bet.

[plvbob0070]

Having knowledge about a certain game or team is useful when betting but it does not necessarily mean that every information will be useful for the future game. For me, it's already enough to have at least background knowledge, and you don't have to drown yourself with too much information and rely on that when betting.

It's okay to have a lot of information but only take what you can and what you think is useful for you when making a decision on sports betting.

[skarais]

Having knowledge about a certain game or team is useful when betting but it does not necessarily mean that every information will be useful for the future game. For me, it's already enough to have at least background knowledge, and you don't have to drown yourself with too much information and rely on that when betting.

It's okay to have a lot of information but only take what you can and what you think is useful for you when making a decision on sports betting.

Of course getting more information about the team we will choose will increase the chances that our choice is correct but I believe it cant increase our odds of winning bet. I dont think we should make it too much of a hassle because this gambling should be meant for fun. If we gamble for winning and money then I think we will get used to looking for the best way to achieve it and quite often this will overwhelm us when choosing which one to choose.

[Insanerman]

My question is about a related matter. When I've asked in a different thread what is required to become a good bettor, many have mentioned that knowing the games, the teams and things like that is essential. But I'm sure there's a certain limit to this flow of information, and when this limit is reached, it's not useful and is even potentially harmful for making the decision. If a person is betting on a soccer match and reads about every match of every person on every team, plus weather forecast, plus research on home advantage etc., the amount of information can be overwhelming and probably not that important or useful to bet on the outcome a particular match. What do you think: is there a rule that would help not to drown in information but only focus on what is helpful? Or is it 'the more, the better' in your opinion?

For me one of the greatest factor of for a team to win is through their previous games. Watch more games specially on the game of your favorite one, that one that you are more willing to gamble your money. Get information about the health status of the players and also for the coach as he is the one who makes strategies. Second is the home court advantage, ofcourse because they are much familiar into it than the away team.

[Twentyonepaylots]

Knowing more than the odds of who is going to win is essential, but it's not guarantee you anything. You are more likely to win with educated bet than just basing your bet to the odds of the team. Let me give an example, let's say you're not a fan of NBA or you're not watching NBA at all but you trip to bet between two teams, uhmm let's say Lakers vs Golden State Warriors, now you're not aware of the player on the ground that is playing on that game, say lakers got their starting 5 completely, warriors got Klay and Iguodala injured but there's Curry so the odds would not be that far. Who you between these 2 team? if you're wary of what's happening most likely you'll bet on the Lakers with Lebron and Davis duo plus green? and dwight? you'll probably know what's gonna happen next.

[sempak]

It is always good and fun to have a lot of knowledge. You can take advantage of it when betting on matches. The problem remains of course that you depend on the performance of a player or team, and based on statistics and probability calculations you will always lose in the long run, because the house always has an advantage. I think it is especially important to have discipline and to keep using it.

[abel1337]

Collecting information on each team/player side can result into knowledge that can help you to raise your confidence in betting, Also you can see thru your analysis the odds of the result of both teams. It's always better to have confidence on your better than picking at random and most likely doing blind bets.

Sports betting requires such research cause each game/season things happen on player and team, It won't be the same as last season or game. There are no good better that only rely on a random pick. I understand what it feels that is suffocating from information and being confused because of it. 

[Oilacris]

I've been experimenting with betting on sports, and for now I don't see a difference between when I'm making an educated bet and just betting blindly looking only at the odds. It hasn't been long, however, so I'll keep experimenting.
My question is about a related matter. When I've asked in a different thread what is required to become a good bettor, many have mentioned that knowing the games, the teams and things like that is essential. But I'm sure there's a certain limit to this flow of information, and when this limit is reached, it's not useful and is even potentially harmful for making the decision. If a person is betting on a soccer match and reads about every match of every person on every team, plus weather forecast, plus research on home advantage etc., the amount of information can be overwhelming and probably not that important or useful to bet on the outcome a particular match. What do you think: is there a rule that would help not to drown in information but only focus on what is helpful? Or is it 'the more, the better' in your opinion?

I cant blame you off if you do really think up this way because this is gambling and we know that all things can happen in an instant or would oppose into your analysis no matter how good it is.

It wont be called gambling or betting if theres no risk involved.If people would just simply go for bet on favorite teams or players for them to win then that wont be challenging or wont really be
called as gambling at all.

Knowledge is important and i cant really say for being too much because it is much better compared if you do just bet blindly or without any analysis or basis.
If you do find out that you are researching up too much then it doesnt matter yet this is always been the fun part.