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Author Topic: Do you rely on the odds when placing bets?  (Read 12695 times)
carlfebz2
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December 14, 2020, 10:14:43 PM
 #41

Most of the time, yes.

I'm not into taking low odds, it's riskier to me and I can't consider it as a safe bet.

Mostly, should always be playing at 1.8 as a minimum. I also consider taking high odds but with considerations.

I love it when the odds are high becasue this always give huge rewards from the bet.

Hmm, of course, high odds = good return. But the risks are way higher.


Same as yours where i dont take bets that would go lower beyond 1.6 and it will vary or some exemption when i do see a particular game and im sure that
the said team or player will have the big chance ill be taking as much on 1.5.

Of course, those high odds is always been an attractive thing in sight but doesnt mean that underdogs can always win but there are indeed chances
and this is where analysis and decision making will be clashed out.

Most of the time, gamblers do really rely on odds basing into their strategy where lower ones will be most like to win but this isnt
always a precise thing for us to follow.

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December 14, 2020, 10:16:56 PM
 #42

When placing bets on sports betting I do not rely entirely on odds, because for me the most important thing is to follow
the information on the players or teams that will play. This is very influential on the results of the match, but that doesn't
mean the odds don't matter. But sometimes I dare to bet on the favorite team even though the chance of winning is small.
Because basically all gambling lucky plays an important role.
That's the correct way, the odds are just a numbers, there's more to it that we should look at and analyze deeply, sometimes the odds are the demon that will make us bet easily especially if a good team is given a good odds that we aren't expecting. I have a lot of experience in betting where I do fall for a big trap, because of the good odds of my favorite team, I did not study anymore and just bet blindly as I was too confident, then the result is the entire opposite so I conclude that a trap really exist on odds, so be careful.

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December 14, 2020, 10:29:14 PM
 #43

~snip~
Hmm, of course, high odds = good return. But the risks are way higher.
Exactly, just like you are risking your money, putting and betting on the underdog team in a match even you know that most of your opponents are in the favor of odds. But I admit it, sometimes I'm in favor and rely on odds upon choosing a team before I will place my bets. I guess 70-0% will work this strategy but not at all times.

It is always good if you have always analyzed and studied before you place your bet and after you will consider the higher odds.

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December 14, 2020, 10:40:17 PM
 #44

Sometimes odds become a diversion for me personally and I don't know if it is felt by others, because high or low odds sometimes make my bet change from the original intention. It's hard for me to be in the minority so when looking at the odds that are so unequal, at least I'm not sure about going against the majority. It is just a personal experience that I have felt until now, because relying on knowledge and other factors still does not guarantee consistency if we don't have high self-confidence, because this can change when looking at the odds.

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December 14, 2020, 10:40:41 PM
 #45

~snip~
Hmm, of course, high odds = good return. But the risks are way higher.
Exactly, just like you are risking your money, putting and betting on the underdog team in a match even you know that most of your opponents are in the favor of odds. But I admit it, sometimes I'm in favor and rely on odds upon choosing a team before I will place my bets. I guess 70-0% will work this strategy but not at all times.



It's good to bet on underdog especially if a certain game is so popular, haven't heard of betting against the public principle in sports betting? When lots of money are going to the favorites, well, that's the time to go the other way as most of the time the public lose, that's a proven thing.

Quote
It is always good if you have always analyzed and studied before you place your bet and after you will consider the higher odds.
It's a must when you are betting so you'll not be betting blindly.
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December 14, 2020, 10:41:55 PM
 #46

Odds matter a lot since matchups and H2H performance were already factored in, plus some recent events that may affect the two contesting teams’ performance against one another. It’s not a made-up number scribbled by the oddsmaker, as these are based on the teams’ performance themselves. I rely heavily on odds, and would still check outside sources for confirmation on my bias on who’s going to win the match. Sometimes I go against it, especially if one team is performing very well in their past matches but are still chosen as underdogs against a relatively stable team. It depends mostly, but still I choose teams that have better odds in winning than those who are quite shaky and unfavored on most oddsmaker.

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December 14, 2020, 10:45:02 PM
 #47

Personally, I never rely on odds when I place my bets because after all both teams are playing the same game with the same rules so the odds are just there to influence your decisions. I'm a high odds roller and I rarely bet under 5odds as I don't see the point of taking smaller odds than 2.50. This is a high risk/high reward strategy but it's better to bet a little and win big or loose small ( big odds )than bet big and win a little  or loose big (small odds ).  I hope it makes sense  Grin

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December 14, 2020, 11:12:05 PM
 #48

It's good to bet on underdog especially if a certain game is so popular, haven't heard of betting against the public principle in sports betting? When lots of money are going to the favorites, well, that's the time to go the other way as most of the time the public lose, that's a proven thing.

That's a risky bet. Should not be recommended.

I don't see how it will the chance of winning. The public can't control the outcome. How it will increase the chances of underdogs to win that particular game. Since it's a proven thing as you mentioned, mind giving us some examples?

May I know on what sports it seems to be effective?

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December 15, 2020, 12:25:03 AM
 #49

First and foremost, as a sports bettor, we like to always have a good return for each of our bets so odds are highly considered.

I only considered high odds, which we all know much riskier, based on the result of my analysis. The same goes when betting on small odds.

To at least minimize the risks of placing bets on high odds, I only bet on sports that I known. Hard to risk for high odds just because I saw it from good tipsters out to my main sports.
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December 15, 2020, 02:10:33 AM
 #50

It's good to bet on underdog especially if a certain game is so popular, haven't heard of betting against the public principle in sports betting? When lots of money are going to the favorites, well, that's the time to go the other way as most of the time the public lose, that's a proven thing.

That's a risky bet. Should not be recommended.

I don't see how it will the chance of winning. The public can't control the outcome. How it will increase the chances of underdogs to win that particular game. Since it's a proven thing as you mentioned, mind giving us some examples?

May I know on what sports it seems to be effective?

That is possible if the game is already planned on who is going to win or manipulated. I've also thought of that. What if a large number of people bet on the crowd favorite which likely will make the odds low. Then some will bet on the underdog team with the higher odds. Since it's already planned that they would win, then they are guaranteed a lot amount of money.
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December 15, 2020, 02:36:28 AM
 #51

Personally, I never rely on odds when I place my bets because after all both teams are playing the same game with the same rules so the odds are just there to influence your decisions. I'm a high odds roller and I rarely bet under 5odds as I don't see the point of taking smaller odds than 2.50. This is a high risk/high reward strategy but it's better to bet a little and win big or loose small ( big odds )than bet big and win a little  or loose big (small odds ).  I hope it makes sense  Grin

It makes sense, but we need to remember that not all of what we want can become true because sometimes, in the middle of the match, the situations can change, and we don't know how it could be. Your strategy seems good, but I am not sure if that can also work for others because I think others will modify or analyze more about the team to apply your strategy. A gambler will always search for the right strategy for them, and they can not just rely on another strategy. It is good if they can win the match using your strategy.

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December 15, 2020, 03:06:22 AM
 #52

First and foremost, as a sports bettor, we like to always have a good return for each of our bets so odds are highly considered.

I only considered high odds, which we all know much riskier, based on the result of my analysis. The same goes when betting on small odds.

To at least minimize the risks of placing bets on high odds, I only bet on sports that I known. Hard to risk for high odds just because I saw it from good tipsters out to my main sports.

Trusting your instinct and your own analysis will lessen the chance of losing big.

Best that you can do from here is to pick sports that you are good with, understanding the game gives you the hint in where to place your bets, either with high odds or small one the important things is your winning chance is far better, you can simply adjust the amount of money to risk, it's more on  self adjustments.
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December 15, 2020, 03:07:11 AM
 #53

Odds is very important to check if your analysis and the games you are betting has a good chance to win in the game, I do rely on odds on my bets which I have doubts but your analysis is very important you want to build your skills in coming up with winning bets unless you subscribe to a paid group that will analyze the game for you.
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December 15, 2020, 05:18:33 AM
 #54

Rely on the odds will not be a problem as long as you have many valid data to choose the team. If you don't have or lack information about the data, it is like a blind bet, and that can make you choose the wrong team. Even if that team will have a chance to win or have high odds, it doesn't mean that team will always win or win easily because the opponent can defend their position and turn to become the winner. But choosing the high odds will not be a problem if the team really has the chance to win.

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December 15, 2020, 05:30:37 AM
 #55

Odds are created as a guide if we are picking the right bet that will likely to win the game but it's not 100% accurate you can follow all of it them or you can follow some of it, odds are good if you know the game very much and you can come your own list of winners and you can compare it.
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December 15, 2020, 05:55:25 AM
 #56

Not much if you know the game and you are a constant bettor you'll have your own list on what team to bet, it's a good source of comparison this is to validate that you are making the right choice in your decision to bet on a particular team, those who rely on odds totally are people who are not really prepared on what team to bet, odds are not 100% reliable.

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December 15, 2020, 06:08:50 AM
 #57

I do rely on that but I'm still considering the availability of players that will play the match, the injuries, history and much more to depend because in totality even those who has best odds doesn't even came out winner as  always it's just the favorite. Most of the time to be honest I rely on odds but when it comes to instinct that this/these team/s will won the match I really take the risks and I accept this is a gamble whoever comes win I'd accept it, that's how I vision it.

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December 15, 2020, 10:43:58 AM
 #58

I don't rely in crowd favourites, i bet with match history and team roster because sometimes the favourite loses and the underdogs win.
Sport is a tricky one to speculate because there are times when they're not into game mood that end up in a lose due to that.
Mood swings is important in every players because this may change the game strategy things that is happening sometimes that a Best for the said field being beaten by the underdogs.
and also sometimes it is the over confidence that brings them to losing,because they underestimate the opponent in which did a great practice to be ready in the fight.
so there are many factor that must be considered so ODDS is just an added attraction but not everyone relies on this.

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December 15, 2020, 12:59:16 PM
 #59

Odds matter a lot to me irrespective of which team is playing in any sport around the world. I place a lot of single and accumulator bets now and then and I usually check the odds through odds comparison sites carefully.

This helps finding the best value now and then. 1.01 odds might indicate a 99% winning percentage to many, but only few gamblers can differentiate whether there is value involved in such odds or not.

It matters a lot but most of the time it won't. especially in a sports game when everything can happen. I've been experiencing some odd wins in our local games on our local board because I never choose to bet on the dominating teams. I got some winning streak sometimes and got myself up to top 10 but the game is postponed and we cannot continue anymore. that's the best example for the questions of the OP but we cannot continue anymore since the person behind it hasn't show anymore.

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December 15, 2020, 01:25:25 PM
 #60

that is the most important thing to rely on the odds you can also watch the match itself normally that should be in contrast to the odds or you have to verify and compare the odds on different page

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