Do you rely on the odds when placing bets?

[skarais]

In my opinion, the odds offered by bookies are one of the important thing that bettor need to pay attention to. Apart from the odds, I also think that the meeting of the two team that will compete in "H2H" must also be considered even though the result of the previous match could not determine today's result. For single bet, the smaller the odds the site gives, the more likely it is to win the bet. But I don't always like it because basically the capital that we will spend is greater than the result we might get.

[Fundamentals Of]

Most often I don't treat the odds as indication as to who or which team will win. I make bets based on who or which team I think is going to turn out the winner. For as long as the odds are within normal range, say, 1.85 or 2.5 or around that I wouldn't be questioning my choice of bet. But if the player or the team I bet on is really a big underdog with odds as low as 4.0 or above, that's the time I will think again and reconsider my choice. I will usually get back to statistics and then I will look for any news that would explain the very low odds with my player or team.

There are also times when my bet or my mind wouldn't change however low the odds may be. That's when I strongly believe my choice is the winning choice.

[TheUltraElite]

Relying on the odds means following the general trend. The bookie has found the "better" team and giving them winning a higher chance and thus a lesser multiplier than the underdog. Now this has a logical basis and 90% of times, this might be correct, specially later in the seasons when some teams seem to be dominating the news.

However it is just a pointer as to who might win - you never know early in the season because then some matches might be fixed (worst case) or the underdog might end up winning a match and the better team lets them go because its not Elimination yet - wild guesses only.

[traderethereum]

It really depends if something like this of course we all know that the lower the odds the higher chance of winning but that's not always the case I've lose multiple times by using this kind of methods but most of the time it works.

Relying on past performance can be a good sign, but you should find the other news to see if there are more indicators that can give you the chance to choose that team.
The surprising thing that can happen in sports, so we should be careful to analyze and do not just follow other news without comparing it with the news that we found.
And if we have so much news about each team, we will know how high the chance for each team win and loss, and we can select the right team.

[lxiaoh]

I am the one that bet on the favorite team, of course it has to do with the fact that i am only betting a little pocket money, besides, i seldom bet, just watching the football game. Sometimes i look at the odds too, i think the odds are a pretty good indicator of the outcome of the game, with very few surprises.

[Cnut237]

In general I try to determine where I think there is a gap between the odds that are offered and what the chance of the outcome actually is. Of course it's rare for us to be able to predict the odds more accurately than the betting company does, but you can take advantage of certain things, such as heavy betting in favour of a local team forcing the bookmaker to skew the odds somewhat unrealistically.

[LogitechMouse]

Odds in bets can be one of your basis in betting but solely relying on odds then there is a problem with you already.

If it is sports betting, having a data analysis in their past performances might help you. If the 2 teams met each other in the past then their past performances when they fought each other will help you decide. Relying solely in the odds isn't a good choice. When I'm still betting especially in sports events, I don't rely only on odds but I see the teams too and make some data analysis. Yes there are some who are still losses but there are still times that I win.

[k@suy]

Most often I don't treat the odds as indication as to who or which team will win. I make bets based on who or which team I think is going to turn out the winner. For as long as the odds are within normal range, say, 1.85 or 2.5 or around that I wouldn't be questioning my choice of bet. But if the player or the team I bet on is really a big underdog with odds as low as 4.0 or above, that's the time I will think again and reconsider my choice. I will usually get back to statistics and then I will look for any news that would explain the very low odds with my player or team.

There are also times when my bet or my mind wouldn't change however low the odds may be. That's when I strongly believe my choice is the winning choice.

Some bettors are considering relying on the odds as their one of their tactics and strategies but this is not required to all bettors since everyone has their own kind of strategies that they think will work for them. In my case i am not that so fan of relying on th odds on olacing my bets because i used to trust on my gut feeling especially when i am placing a bets on my favourite game because i am not that so good on relying on the odds.

[sana54210]

Odds are the only thing I rely on when I am betting. After all that is the only thing that is tangible that I can look at and that is why I bet on the favorite odds almost all the time. There are very rare occasions when I wager on the unexpected result, but that is usually because odds are very close to each other, let's say there is a game with 2.20 and 2.40 odds, I may end up betting on the 2.40 odds instead of the 2.20 expected result, because that is usually means that two results are very close to each other.

But when it is like 1.40 odds to 4+ odds, I end up with the 1.40 odd one because that is what is expected. This method was a good one until this year, but unfortunately this year has been a bit chaotic when it comes to sport results where every result could be a shocking one.

[Reid]

But when it is like 1.40 odds to 4+ odds, I end up with the 1.40 odd one because that is what is expected. This method was a good one until this year, but unfortunately this year has been a bit chaotic when it comes to sport results where every result could be a shocking one.

Correct. This is where the risk-takers will come in.
I even gambled at x18 and x15 before. I don't really like just following what the bookies predict.
Somehow I want to be the "different" one. 
Taking the grand prize also gives me joy. Just the fact that you won against a lot of gamblers that think it will go their way is already fun.
I also add this sometimes in my parlays just to boost the total odds.

[Lanatsa]

But when it is like 1.40 odds to 4+ odds, I end up with the 1.40 odd one because that is what is expected. This method was a good one until this year, but unfortunately this year has been a bit chaotic when it comes to sport results where every result could be a shocking one.

Correct. This is where the risk-takers will come in.
I even gambled at x18 and x15 before. I don't really like just following what the bookies predict.
Somehow I want to be the "different" one. 
Taking the grand prize also gives me joy. Just the fact that you won against a lot of gamblers that think it will go their way is already fun.
I also add this sometimes in my parlays just to boost the total odds.

Majority of us definitely having this kind of behavior on where we do really like to be somewhat different or going against on what majority or bookies
been favor of.The odds are really nice for you to deal with but doesn't mean that it will anytime be having some upset.

I myself would still really having these kind of selections basing off If I do saw the probabilities of winning.I wont just
bet out on opposite just because of some mindset that it might win without any basis.

[djgtr]

I am the one that bet on the favorite team, of course it has to do with the fact that i am only betting a little pocket money, besides, i seldom bet, just watching the football game. Sometimes i look at the odds too, i think the odds are a pretty good indicator of the outcome of the game, with very few surprises.

Betting on your favorite team is a good choice but if you don't know who are their opponents is, then those odds might be handy sometimes but of course, it always depends on the gameplay of each team. Betting on the most favorite team is not always a win-win you might want to know more about of the other team by looking what are the people talking about them.

Your favorite team depends only with the actual situation of the game, then you'll determine how the odds looks like. The probability will be shown on many possible situations, so if we rely everytime on odds I guess you'll be frustrated with the real outcome. Maybe relying on luck will be a good mindset to avoid stress on betting with our favorite games.

[panganib999]

Odds in bets can be one of your basis in betting but solely relying on odds then there is a problem with you already.

If it is sports betting, having a data analysis in their past performances might help you. If the 2 teams met each other in the past then their past performances when they fought each other will help you decide. Relying solely in the odds isn't a good choice. When I'm still betting especially in sports events, I don't rely only on odds but I see the teams too and make some data analysis. Yes there are some who are still losses but there are still times that I win.

I agree to the idea. Relying on the odd in betting is just the basic knowledge or strategy you may use in your betting experience yet you must definitely learn the other different ways or strategies that you may rely on. Betting is one of the gambling game that you need to have strategies because it doesn't have always the assurance of you will earn even if you are too old in the game. For me, I always think and put in my mind that gambling is a game of luck where you have a chance of 50-50 when playing. You must strategized not just into the game but for yourself. Self-control is the one you must need to improve so that you may not end up get addicted and continue to play even if you're loosing. But personally, I also look on the odds sometimes but I able to make progress to myself when betting and learn some other ways to rely on.

[abel1337]

Odds in bets can be one of your basis in betting but solely relying on odds then there is a problem with you already.

If it is sports betting, having a data analysis in their past performances might help you. If the 2 teams met each other in the past then their past performances when they fought each other will help you decide. Relying solely in the odds isn't a good choice. When I'm still betting especially in sports events, I don't rely only on odds but I see the teams too and make some data analysis. Yes there are some who are still losses but there are still times that I win.

I agree to the idea. Relying on the odd in betting is just the basic knowledge or strategy you may use in your betting experience yet you must definitely learn the other different ways or strategies that you may rely on. Betting is one of the gambling game that you need to have strategies because it doesn't have always the assurance of you will earn even if you are too old in the game. For me, I always think and put in my mind that gambling is a game of luck where you have a chance of 50-50 when playing. You must strategized not just into the game but for yourself. Self-control is the one you must need to improve so that you may not end up get addicted and continue to play even if you're loosing. But personally, I also look on the odds sometimes but I able to make progress to myself when betting and learn some other ways to rely on.

I think research is more than strategy in betting. It's true that you can do some strategy in betting in multiple bets and the odds don't really fall into 50-50 chance when you are making your research. You yourself can identify the odds of a certain team based on the research you are doing. Looking upon the odds that is shown isn't that bad to look at for, It is put up there to somehow guide you on your research and analysis on how did the odds makeup on to that point.

[Janation]

I think research is more than strategy in betting. It's true that you can do some strategy in betting in multiple bets and the odds don't really fall into 50-50 chance when you are making your research. You yourself can identify the odds of a certain team based on the research you are doing. Looking upon the odds that is shown isn't that bad to look at for, It is put up there to somehow guide you on your research and analysis on how did the odds makeup on to that point.

I do understand but for me, it is a strategy.

There are a lot of gamblers out there that just put their money into someone or a team that they think would win depending on how they support that team or player. Maybe we can call it "Bias betting" because they are betting based on who they think will win. But if it is not a strategy, what will we call it? We are making this analysis to increase the possibility of our wages to win. It is a method to increase your win hence a strategy.

[Lorence.xD]

Odds in bets can be one of your basis in betting but solely relying on odds then there is a problem with you already.

If it is sports betting, having a data analysis in their past performances might help you. If the 2 teams met each other in the past then their past performances when they fought each other will help you decide. Relying solely in the odds isn't a good choice. When I'm still betting especially in sports events, I don't rely only on odds but I see the teams too and make some data analysis. Yes there are some who are still losses but there are still times that I win.

I might also add that odds are the reason that some do not win big because some players are attracted to the glitter of that +4 odds from the unfavorable team. It also helps your betting strategy if you know which team between the two is more favorite to win and which one has a more seasoned players than the other.

[traderethereum]

Odds in bets can be one of your basis in betting but solely relying on odds then there is a problem with you already.

If it is sports betting, having a data analysis in their past performances might help you. If the 2 teams met each other in the past then their past performances when they fought each other will help you decide. Relying solely in the odds isn't a good choice. When I'm still betting especially in sports events, I don't rely only on odds but I see the teams too and make some data analysis. Yes there are some who are still losses but there are still times that I win.

I might also add that odds are the reason that some do not win big because some players are attracted to the glitter of that +4 odds from the unfavorable team. It also helps your betting strategy if you know which team between the two is more favorite to win and which one has a more seasoned players than the other.

So if the team have more favorite, it could be a good selection if we choose that team, although that is not guaranteed for that team to win in the next match.
Maybe it is better to analyze the team from many sources than to depend on the team's odds because we can lose any time.
That is why we need to collect as much data from many sources, so we know which team has a chance to win and not just based on the odds.
If we do not have more sources, maybe that is the time for us to select the team based on the odds.
But if I were in that situation, I will not place a bet, but I will take a break for a while just to enjoy the game.

[Kelvinid]

Your favorite team depends only with the actual situation of the game, then you'll determine how the odds looks like. The probability will be shown on many possible situations, so if we rely everytime on odds I guess you'll be frustrated with the real outcome. Maybe relying on luck will be a good mindset to avoid stress on betting with our favorite games.

I think there is no other choice, we can only rely on luck, which is not guaranteed to be obtained every time we make a bet, even though we all play a game that we like, we still cannot guarantee the possible winnings that can be obtained, the odds of winning at gambling are very small.

Indeed, gambling is truly a game of luck. No matter how good we are, no matter if put on the lower or higher odd, all of these things won't give us assurance to win. Even if we conduct a study which one will have a huge number of winning bet base on the odds, it is possible that the result will be different in the coming days and that because also it matters on the players. And this a reason why that I really don't focus on the odd but also consider what team I have to trust.

[Pmalek]

When I just started out with sports betting, I relied on the odds and thought the lower the odd, the bigger the chance to win. But as you gain experience, your realize that even 1.10 odds or lower don't mean a thing. Bookies often use them as a trick for you to add an additional selection to your accumulator. In the end, it's this 1.10 selection that results in you losing.

Nowadays I like to check previous results, current team form, the condition of the two teams (suspensions, injuries), and head2head results. Also how much recovery time the opponents had after the last played matches.   

[acquafredda]

Personally, yes. I would say I rely on the odds for the 80%. I tend to bet on football only (which is the one I follow the most). Mixing the odds with my knowledge of the game (lineups, injured, playing home or away, general stats ...) I try my best to pick the best result. In the end, it is always about luck