Do the odds of other outcomes matter to you?

[abhiseshakana]

It does really matter to me, even though it is just a little difference on a single bet, but if I can repeat it 10 times or even more than 100 times, then the profit that I can get will be much greater.

To get better odds we should compare odds from different bookmakers, and of course there will be extra time to do all that, but if we are already familiar with these sites, then the work will be easy to do. Maybe for some people, this is nothing (especially for people who are gambling just for fun), but in the long run, it can bring a considerable amount of profit.

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[xSkylarx]

So when you are placing bets, does this difference between the odds of the favorite and other outcomes matter to you?

This always matter to me, it helps me who has better chance to win and most of them are correct. Though betting on lower odds gives only a small profit, it is not a risky thing to do. Placing bets on higher odds will double or triple, or even more your profit but the risk of losing is very high. Sometimes I bet on both sides if the odds of the other team is too big.

[carlisle1]

I guess it doesn't? Well, as long as I don't need to bet on them, I don't think it would affect what my decision is.

Specially if the other one is your favorite on that game,i don't think it will matter if higher odds is on the opponent.

Though technically speaking the odds of what you want to bet on also depends on the other outcomes and vice versa, it doesn't really make sense that you're going to bet on A team winning and you'd be thinking what kind of influence a draw could have on your bet (ofc, other than the odds). And on that point, the two teams on are quite different from each other, so it's actually understandable that the odds for one point may be the same, but the others are different.

Sometimes Odds are depend on what the assessment on the capacity in the past games but of course winning is depend on how they play on that certain occasion .

Still, I do my calculations on my own though I do use the probabilities presented by bookmakers as a reference to better clarify my own analysis.

And our instinct has a Big part on this,well that sometimes matter to me.

[maydna]

So when you are placing bets, does this difference between the odds of the favorite and other outcomes matter to you?

This always matter to me, it helps me who has better chance to win and most of them are correct. Though betting on lower odds gives only a small profit, it is not a risky thing to do. Placing bets on higher odds will double or triple, or even more your profit but the risk of losing is very high. Sometimes I bet on both sides if the odds of the other team is too big.

No problem if the profit is small since we don't chase bigger winning. But it will be different if we want to make a bigger winning. But of course, as you say, the risk will of losing will be very high. Perhaps, if someone can accept the bigger risk, he will try to place bets on higher odds, especially if he has valid data on both teams that will match, and he knows which team can be the winner. Usually, that person will place a big bet on that team because he wants to win.

[MCobian]

The difference between the odds of favorite and the odds of other outcomes, is very influential and very important to me.
Because a small difference when placing a bet on higher odds will give you a huge profit. If you want to be successful at gambling,
small differences are very important and must be considered.

[kryptqnick]

I want to write a short clarification because while the comments point out aspects worthy of discussion, it seems to me that many don't understand what I'm asking. I'm not asking whether 1.36 and 1.46 is a big enough difference for you. I'm asking if other odds against 1.36 and against 1.46 matter (how likely is the draw and the win of another team for a particular match, considered separately against the likeliest winner).
Perhaps I should explain why it feels important to me. So if we're not considering betting on the underdog, doesn't it matter how likely are other outcomes? If the lowest odds are 1.3, but there's also a 2.3 for, say, a draw, would not it make you less confident about your own bet than if the odds for this outcome were 3.1? Doesn't it matter how close or how far the competitor is?

[Sebas.tian]

The best part of any game is their respective odds, this odds help you chose or make a distinct decision which can be for your winning or sometimes be against your winnings during the game. Particularly, when talking about the sport betting, i usually put into consideration this odds of a thing before my final stakes selection, so, everything that happened to the game started from the odds selections, so it matters.

[Fredomago]

The difference between the odds of favorite and the odds of other outcomes, is very influential and very important to me.
Because a small difference when placing a bet on higher odds will give you a huge profit. If you want to be successful at gambling,
small differences are very important and must be considered.

Practicality wise that what should gamblers do though there are gamblers that also love their favorite and they can risk one game just to support them.
and i think this is normal to all of us that if our favorite will be in that game for sure with high or low adds we will bet on them since this won't happen everyday.

small difference in the result may end us losing specially if the game is close.

The best part of any game is their respective odds, this odds help you chose or make a distinct decision which can be for your winning or sometimes be against your winnings during the game. Particularly, when talking about the sport betting, i usually put into consideration this odds of a thing before my final stakes selection, so, everything that happened to the game started from the odds selections, so it matters.

Well sometimes i disregard the Odds if what i believe the other side will win,i am making my own research also because Odds at some point mistakes specially in boxing that the Single Punch may change everything in result.

[Findingnemo]

I would like to know how each house chooses its "favorites" ... is it just a mathematical probabilities?

I sincerely prefer to do my own analysis and ignore the "favorite", besides giving me a bigger reward I'm betting on what I believe, not just the most likely.

But I tend to lose bets almost always, so don't let my opinion influence you

Odds are not just favorites, its likely the team to win as well because sport bettors prefer to bet on the better team more that is why they get lower odds but likeliest doesn't mean it is going to happen all the time. So you need to move out from your favourite if you want to win because the likeliest to win the match could be even the opponents of your favourite team playing.

[Reid]

I want to write a short clarification because while the comments point out aspects worthy of discussion, it seems to me that many don't understand what I'm asking. I'm not asking whether 1.36 and 1.46 is a big enough difference for you. I'm asking if other odds against 1.36 and against 1.46 matter (how likely is the draw and the win of another team for a particular match, considered separately against the likeliest winner).
Perhaps I should explain why it feels important to me. So if we're not considering betting on the underdog, doesn't it matter how likely are other outcomes? If the lowest odds are 1.3, but there's also a 2.3 for, say, a draw, would not it make you less confident about your own bet than if the odds for this outcome were 3.1?

Clarification is still not easy to understand. 
You mean, why do they still put odds to the underdogs yet we could already see who the winner will be just by looking at the odds?

Doesn't it matter how close or how far the competitor is?

I usually bet for underdogs in the NBA. I guess some of the members here know that.
So yes, it does matter if the numbers can be seen.
Somehow it gives an idea to the bettor on how strong the other team will be.
But, high-risk takers will always be there and I respect those guys for their courage in going against the flow.
It may also be because they don't like small profits. Yeah, just like me. I like to do it in one explosive win.

[Crptomagma]

When it comes to sporting bets the odds matters as it gives the sport different view from the players. I honestly don’t see any major reason to concentrate more in the odds when it’s Crystal clears the other game with probably lesser odds might win the game because whether odds or not the whole thing is still gambling.

Odds are just based on the player favorite. I wouldn’t want a case where by I will be more concentrated in the odds of the game and keep loosing so I rather go with the most favorite odds for me.

[AicecreaME]

So when you are placing bets, does this difference between the odds of the favorite and other outcomes matter to you?

This always matter to me, it helps me who has better chance to win and most of them are correct. Though betting on lower odds gives only a small profit, it is not a risky thing to do. Placing bets on higher odds will double or triple, or even more your profit but the risk of losing is very high. Sometimes I bet on both sides if the odds of the other team is too big.

Correct.

Comparing the results on which odd favors your profit is important to avoid too many losses. Betting without any analysation is a waste of money in my opinion because you'll just lost your money repeatedly, will be mad and disappointed. That's the mistake of so many gamblers, they just bet wherever they want to, always relying on their instincts and so on. Betting with a concrete plan with days of analyzing data and information base on the past results is always the superior.

[fiulpro]

If a person decides to bet dependent on just their favourites, they would suffer huge losses in the future. The thing is if I am going to bet on a certain thing and I have a chance at betting for something better , with better odds , better probability then : Why not ?
When you are placing bets you have to make sure to realize if you will win the bet or no. Having just the money in your wallet and betting with closed eyes based solely on preferences is something that is actually a really bad habit, maybe for the people who just bet once in a while and don't care about it much but for a person involved in this regularly, one have to be careful .
So I think one should have to let go of the favourites for a while. Be attentive. Follow up with everything and then go for it.

[imstillthebest]

When it comes to sporting bets the odds matters as it gives the sport different view from the players.

odds are important in any form of gambling whether sport or non sport because odds can be a way to know if the bet is winnable or not . higher odds will be less chance of winning but more profit and lower odds means more chance of winning but less profit

I honestly don’t see any major reason to concentrate more in the odds when it’s Crystal clears the other game with probably lesser odds might win the game because whether odds or not the whole thing is still gambling.

if you think lesser odds have more chance in winning then why not concentrate in it ? but it depends on your goal if you want to profit more you might want to check out higher odds  . lesser odds game can fail but the chance of it are low

[Ucy]

I do not properly understand how the odds work yet, but if it's what I think it's then I would probably bet on the match that has the likeliest winner and has other two outcomes with way less likely winners. Or I would probably double bet on the match with other outcomes that also has pretty likely winners. I guess the double betting for two outcomes in a match applies here?

[Casdinyard]

I do not properly understand how the odds work yet, but if it's what I think it's then I would probably bet on the match that has the likeliest winner and has other two outcomes with way less likely winners. Or I would probably double bet on the match with other outcomes that also has pretty likely winners. I guess the double betting for two outcomes in a match applies here?

You've got the idea of these odds. But double betting is not applicable most of the times especially if the winning team is only one. Double betting is only advisable to cases wherein there are two or more outcomes which will generate the win, because it is perhaps a matter of increasing the probability.

 Odds should be considered as a gambler and it is not a good thing to go only with your bias. The goal is to win in gambling and not solely to give support on your bias/es. If you're not sure, there's an option not to bet, or to just minimize in order to avoid huge losses.

[Renampun]

I will only follow the spread odds because I don't have time to analyze the teams that will compete...
not very often on target but quite effective for bettors who don't have time to analyze the team that will compete.

[Stedsm]

You've got the idea of these odds. But double betting is not applicable most of the times especially if the winning team is only one. Double betting is only advisable to cases wherein there are two or more outcomes which will generate the win, because it is perhaps a matter of increasing the probability.

You're right. @OP, let's say your team B strikes in 2 goals and scores them first and you have placed a bet on them of around 1 unit, the odds will significantly decrease for the team B and will increase a bit on team A's side. If it gets above 3, then I believe it's a win-win hedge for you (if you doubt that team A will manage to score 2 and draw the game or score 3 goals and even win it). To those who asked how is a favorite decided in a game, I guess they take various factors into consideration like their total wins vs losses, their current position, their standing, their form as well as the total number of bets being made on them as well as the money that's put on them.

[abel1337]

I will only follow the spread odds because I don't have time to analyze the teams that will compete...
not very often on target but quite effective for bettors who don't have time to analyze the team that will compete.

This is what new bettors do when they don't know how to analyze or don't have time like you to check each team. I myself admit that I bet on the better odds before without checking the teams who are playing, I did this kind of move when I was just a beginner but a little hungry trying out how betting works. I know it's not that advisable to bet that kind of way but I am satisfied with the results before (I'm just pretty lucky back then). The more the bettors who rely on better odds the more it will stack up and can result in a loss or the least amount of profit. We do have different ways of nailing the highest winning probability but I think as a newbie it is better to rely on the winning odds than to choose randomly.

[2double0]

I am using the cashout feature very well by going for a high odds team and then watching them winning some part of the game. I can also hold till they win the game but we can't be lucky always so I decided not to remain in the bet for long and gamble like a trader and use the advantage of the cashout perks.