Do you rely on the odds when placing bets?

[cabron]

Relying on odds when placing bets? that could be really risky especially on a live game matches, before I was looking at the odds on live game but that's really risky in just a matter of seconds there will be a huge change on odds and that does mean it's either your bet will win or lose.

OP is not referring to live game matches, he is referring to pre game odds. As you can see in the OP, there's a comparison of odds but actually we should not be talking much about the odds since that how the market works. What we need to talk is on the vital information that would give us an advantage to properly pick who would likely win, whether we are in moneyline, totals or point spread betting.

Somehow that is what the odds will tell. It basically just will tell us who will likely to win but winnings are also not a lot.

It applies to all games. If we are to gamble we should know the odds of the game and most especially the odds are stacked in casino's favour.

[Saint-loup]

The first time I heard about sports betting through my friends, that is when I thought like that.

What was thought to you by friends ? that the Odds are given a higher winnings ? that is really  a Noob belief. as Odds is given as a certain High chance of winnings because of their capacity and past performance ,comparing to the other one.

They don't know I though of it like that.

While doing some researches on my thesis in the past I read an article about bookmakers cheating gamblers and got quite curious and that is when I knew it. I didn't tell that to my friends since they just continue doing my bets and they stopped doing that when they got a job. I think it is on how they talk about the odds the reason why I misunderstood those two. They are talking about Boston having a higher odds in the NBA finals in 2010, that is when I misunderstood that.

But you didn't find illogical to win more money by betting on the top dog and to win less by betting on the under dog ?
As Reatim said that's really a noob belief   In which format were the odds?

[chaser15]

...the decision is what matters here and your aim is to win regardless of what odds you'll be taking.

I wonder how much you lose money right now because of that decision regardless of the odds.

No way I will just aim for the win for a 1.01 odds in return.

That was a suicidal bet even the chance of winning is high.

[bitterguy28]

...the decision is what matters here and your aim is to win regardless of what odds you'll be taking.

I wonder how much you lose money right now because of that decision regardless of the odds.

No way I will just aim for the win for a 1.01 odds in return.

That was a suicidal bet even the chance of winning is high.

I think it is Given that the Higher the Odds is the one who will gather Bettors ,Maybe what He is implying is that We still Need to do our Homeworks and not just Looking for the given Odds.
Because at the end of the Day it is our Money that at stake and not from those Odds provider .

[Noctis Connor]

...the decision is what matters here and your aim is to win regardless of what odds you'll be taking.

I wonder how much you lose money right now because of that decision regardless of the odds.

No way I will just aim for the win for a 1.01 odds in return.

That was a suicidal bet even the chance of winning is high.

I think it is Given that the Higher the Odds is the one who will gather Bettors ,Maybe what He is implying is that We still Need to do our Homeworks and not just Looking for the given Odds.
Because at the end of the Day it is our Money that at stake and not from those Odds provider .

Well it always depends on the bettors who's side gonna chose because odds is just a guide for them to see who has more advantage of winning not to do homework for making some analyzation you can see the odds there already we'll if you are attractive to odds thats already given then it is up to you because in sports nothing is impossible sometimes miracle happens and regardless of the odds are. You can win double nor triple on your bet.

[Lorence.xD]

~

I only think that if I am playing gambling and winning that game, I consider that will be my luck, which is come to me at the right time.

Don't rely on luck that much man, mathematics is a better word for it to be honest, all those odds just landed at the right spot for you to win or lose.

~

I never think much about learning deeper about gambling games or trying to make a strategy because gambling is entertainment for me.

I do get entertained but at the same time, there isn't wrong with earning some money while you are at it right? I do like to get the most out of the things that I do that makes me money, that is just my two cents but hey at least you are not close to an addict like me haha.

[ethereumhunter]

Honestly, I never try yet to bet on sports most of the time I bet on casino, house in games this was usually I did every time I played in the gambling site platform. But I will try to follow your strategy, I just suddenly became curious about sports betting, although I heard a couple of years about sports bet anyway.

Before you follow his strategy, you need to learn the basics first, so you do not confuse following the strategy. Besides that, by learning many lessons, you will make your own strategy, which can help you win. Or you can modify his strategy if necessary because his strategy will not always work for others. Betting on sports is so attractive because you need to know how to select the right team.

It's only attractive if you love sports and you know how to win, bettors may have different strategy but the most important is the main result, also, it doesn't matter if how long you are already gambling as what matters is your consistency on winning, meaning you win most of the time.

Why do you make the betting odds a big deal, come on, it's just part of the process when selecting, the decision is what matters here and your aim is to win regardless of what odds you'll be taking.

Yes, the last result will be important. But do not forget that the last result can not be reached if we do not choose the right selections or making analyze. Even if your reason is to win the game, it does not mean that you should not think much about analyzing the strategy and data before you decide. Yes, that is part of the process, but it really matters to me, but that will not always like that because I can just select without thinking too much.

[Ucy]

If the odds were something like this well I really think I should just rely on odds. It's rare to see such odds in my opinion but there's no assurance that it will always win it's still gambling after all.

Odds does matter and they are particularly more useful when you want to see who is the favorite team. The favorite team or the team which is winning mostly gets lower odds and the weaker teams gets the higher odds. This is mainly true for the sports betting.

At first, I was confused by this.

I thought that the higher the odds mean the ones with the higher chance of winning while those with lower odds mean that they have a lower chance of winning.

Same here.
The word (odd) in betting world can be quite confusing especially without understanding the general meaning of word. I guess the word is somewhat synonymous with:, unknown, uncertain, strange etc  So if the odd is high, the uncertainty or chances of winning is high. That how I simply see the word now . Haven't really properly researched why they use the word in betting.

[boyptc]

Relying on odds when placing bets? that could be really risky especially on a live game matches, before I was looking at the odds on live game but that's really risky in just a matter of seconds there will be a huge change on odds and that does mean it's either your bet will win or lose.

That's for live games and you should really consider it before placing a bet. You have to make up your own decision and strategy if that's your type of betting for sports.

Honestly, I never try yet to bet on sports most of the time I bet on casino, house in games this was usually I did every time I played in the gambling site platform. But I will try to follow your strategy, I just suddenly became curious about sports betting, although I heard a couple of years about sports bet anyway.

Sports betting has been there even before cryptocurrencies emerged. It's a fun thing to do if you get tired or bored playing casino games. You sure gonna love it.

[traderethereum]

~

Don't rely on luck that much man, mathematics is a better word for it to be honest, all those odds just landed at the right spot for you to win or lose.

I am not good at mathematics, but I can make a simple thing to that.
But I hope that I can win a gambling game like other people.
I know that we need luck, besides everything you say, and I consider that luck is an important thing for me.

~

I do get entertained but at the same time, there isn't wrong with earning some money while you are at it right? I do like to get the most out of the things that I do that makes me money, that is just my two cents but hey at least you are not close to an addict like me haha.

Yes, it is not wrong to earn some money from that as we get entertained, and I agree with you.
But we do not have to use gambling to make money because that will not be easy for you and others.
I always trying to prevent becoming addict, and I am sure that you can do that too.

[3meek]

I don't always rely on the odds, because bookmakers sometimes intentionally underestimate the success of the leader, or vice versa - overestimate the success of the loser... This is often seen in football...

[Fredomago]

I don't always rely on the odds, because bookmakers sometimes intentionally underestimate the success of the leader, or vice versa - overestimate the success of the loser... This is often seen in football...

Bookmakers knows how to work well with enticing the gamblers, it's most happened inside live betting. Certained changes take place
from time to time.

Following this kind of odd might lead you to lose your money, as there's trick beyond it. Not because it seems that it's an underdog means that they are going to be dominated by the favorite, chances that it will turned to the other side still possible.

It's gambling anyway, no assurance even you have good knowledge bad luck may happened to you.

[CarnagexD]

I am a bit if an overanalyzer myself, so I tend to investigate things in hopes of tipping the scales to my favor since wh is doesn't want to win anyway? So yeah, oftentimes especially if it's a new game I am betting on, where I do not know the stats of the players by heart and all, I would surely analyze them and bet on those who I find will give me better chances at winning.

I don't always rely on the odds, because bookmakers sometimes intentionally underestimate the success of the leader, or vice versa - overestimate the success of the loser... This is often seen in football...

Then again there are cases like these where they intentionally hype a competitor for the next few games and have them intentionally win so when people are already comfortable of picking the guy, they can go around rigging the fight against the bettors' favor. This happened to me thrice already and had been the sole reason why I don't go for flavor of the month and do the research on my own.

[iv4n]

I don't always rely on the odds, because bookmakers sometimes intentionally underestimate the success of the leader, or vice versa - overestimate the success of the loser... This is often seen in football...

I like that! To win big, sometimes you need to go against the odds! It's how familiar you are with some sport, if you wish to bet on some team you want odds to be higher, you will place the bet at any odd, but of course we always want higher odds for our predictions!
Checking the odds is important, no doubt in that! You need to know on what you are betting, you need to know the odd for that, and that will determine how big your bet will be! One without another is not going, more you cover, more chances you have to make some profit in the long run!

[Rabi3]

obviously we do rely on odds sometimes, but it's not enough, it won't get you anywhere if you're betting with a small amount, most of the times i check history, and by history i mean the last three or four games, if a good team failed to win in 3 or 4 matches in a row when they were the favorite team
to win, i go for them in the next game, even if a team made a surprise, it's more likely they lose the next match.

[michellee]

obviously we do rely on odds sometimes, but it's not enough, it won't get you anywhere if you're betting with a small amount, most of the times i check history, and by history i mean the last three or four games, if a good team failed to win in 3 or 4 matches in a row when they were the favorite team
to win, i go for them in the next game, even if a team made a surprise, it's more likely they lose the next match.

You do not need to go for them in the next game, especially if their chance to win is not too big. You better search for the other team by searching for the news which team has a big odds, so you will have a chance to win. Using their history in the previous match can help you to know how their performance, but you also need to search for the other news or data to find out if they still have a chance to win or not.

[shoreno]

obviously we do rely on odds sometimes, but it's not enough, it won't get you anywhere if you're betting with a small amount, most of the times i check history, and by history i mean the last three or four games, if a good team failed to win in 3 or 4 matches in a row when they were the favorite team
to win, i go for them in the next game, even if a team made a surprise, it's more likely they lose the next match.

You do not need to go for them in the next game, especially if their chance to win is not too big. You better search for the other team by searching for the news which team has a big odds, so you will have a chance to win. Using their history in the previous match can help you to know how their performance, but you also need to search for the other news or data to find out if they still have a chance to win or not.

so its the history , present and future we are using on here . thats three and three is better than one that we use before . past play , present and future data's are a good reference but sometimes past play ,present and future data's cant tell if what will be the outcome of the next game .

 they can or you can loose if they/you are intended to loose or if its theirs/yours destiny to loose , we need to prepare for those moments and experimenting new strats will be essential too to increase your luck or to avoid your faith of loosing  .

[Prince Malik]

I think that people must bet on what they think will happen whatever the ods...ods is a fully trapped thing and bookmakers are not really innocent 
They know well how to trapp bettors and make them choise the wrong desision

[arwin100]

I think that people must bet on what they think will happen whatever the ods...ods is a fully trapped thing and bookmakers are not really innocent 
They know well how to trapp bettors and make them choise the wrong desision

Sometimes I don't really care what the odds is since there are sudden instance that the game phase changed and sudden miracle happens, that's why I always look up the rooster on each team if they are available to play when I am betting since lacking of 1 good contributor could really change a lot in the game if we talk about in sportsbook betting scene.

[qwertyup23]

I think that people must bet on what they think will happen whatever the ods...ods is a fully trapped thing and bookmakers are not really innocent 
They know well how to trapp bettors and make them choise the wrong desision

Sometimes I don't really care what the odds is since there are sudden instance that the game phase changed and sudden miracle happens, that's why I always look up the rooster on each team if they are available to play when I am betting since lacking of 1 good contributor could really change a lot in the game if we talk about in sportsbook betting scene.

I agree with your statement.

The odds appearing are not conclusive although they only reflect a probability of what is going to happen. Like what you mentioned, it not being conclusive, there is always that chance of the games being turned around by sudden unfortunate events on the game especially in sports where skills are one of the important factors. Odds may help a person at least to derive at a decision whether to bet or not but they are no means of being conclusive data.