Do you rely on the odds when placing bets?

[LUCKMCFLY]

This thread seems very interesting to me, however when I saw Probability and Statistics in college, I was struck by applying probabilities to the game, at that time I was going with a friend in the afternoons to a traditional casino where we bet on roulette.

But there is a factor that does not predict the probabilities and it is "Random", you can get the best probability, even the winner, but in Casinos it does not apply to 100% because it is a percentage more for the house, which does not happen with sports and with lotteries. In sports, factors such as the performance of the players have to be taken into account, if there are injured players, how many stars the team has, even how the players take it within a team, all this is difficult to determine, but it is a work that has to do with news, see statistics and do a daily follow-up.

I say this because I also have as an expert appraiser profession, and they are key points to take into account.

[Wexnident]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

[panganib999]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

Yes. I definitely agree to this user. The idea of the person is always survey the situation, the last results and past matches. They will always pick who are in the top right? Humain instinct. We always believe that team or simply bets that is won in the past results are likely to wpn again because it will be a good image. I think it is not biased since it is always depend on the players instinct and decision where he would place his bets. But for me, also odds are one to look at. Because people always believe in their instincts I guess. Odds are a big factor.

[hulla]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

I like your point but if the odds are honestly provided footing the histories of the team cant say it biased and in most situations, they are not honestly provided.

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Yep, sometimes, but it certainly can not be too much of a change in odds by the bookmakers, simply because it would be too obvious, but the problem starts when the odd differences between winning of one team and the other team it's just too close to each other, for example odds of winning Manchester United is 2.16 and odds of Arsenal winning the match is 2.35, that's when those numbers provided by them could get manipulative to the gamblers on sports and it wouldn't surprise me if they modify these numbers in their benefit on a daily basis.

Bookmakers are capable of changing odds they are after with potential gains from those gamblers who are seeking for good value from any sports events. They also keep checking things to adjust odds, some good gamblers are tracking this out and assess if why odds are being changed and what will be the impact of such changes to sports event that they are eyeing for.

This also part of those factors to look upon, changes have reason both positive and negative as gambler, you have to assess
what benefits to take and how you'll take any opportunities.

Like I said earlier, odds can be manipulative and when bookmakers change odds it definitely for their own positive reason which will be negative for gamblers and that's why it good for a gambler to always check and compare the odds before making a single bet. But when it comes to the game result it not good to rely on the odds.

[traderethereum]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

Yes. I definitely agree to this user. The idea of the person is always survey the situation, the last results and past matches. They will always pick who are in the top right? Humain instinct. We always believe that team or simply bets that is won in the past results are likely to wpn again because it will be a good image. I think it is not biased since it is always depend on the players instinct and decision where he would place his bets. But for me, also odds are one to look at. Because people always believe in their instincts I guess. Odds are a big factor.

If we do not have much information about the match, we can rely on instinct as sometimes, by using instinct, we can have a chance to win.
So no matter if the odds manipulated, we will feel that we can decide to place the bet or leave it for like that.
When that team has a great journey in the last year, people can use that as consideration to choosing back the team to place the bet, but they need to search for the updated news to know what is happening to that team on this day.
Maybe we have our method in choosing the team, and some of us rely on the odds to select the team.

[hulla]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

Yes. I definitely agree to this user. The idea of the person is always survey the situation, the last results and past matches. They will always pick who are in the top right? Humain instinct. We always believe that team or simply bets that is won in the past results are likely to wpn again because it will be a good image. I think it is not biased since it is always depend on the players instinct and decision where he would place his bets. But for me, also odds are one to look at. Because people always believe in their instincts I guess. Odds are a big factor.

If we do not have much information about the match, we can rely on instinct as sometimes, by using instinct, we can have a chance to win.
So no matter if the odds manipulated, we will feel that we can decide to place the bet or leave it for like that.
When that team has a great journey in the last year, people can use that as consideration to choosing back the team to place the bet, but they need to search for the updated news to know what is happening to that team on this day.
Maybe we have our method in choosing the team, and some of us rely on the odds to select the team.

In a situation where the gambler doesn't have much information about the match, he can only rely on the odds provided by the bookmaker but that doesn't seem right cause if a gambler doesn't have the needed understanding about the match it not must he bet on the game.

[johhnyUA]

The bets are only statistics and nothing concrete so you should analyze your games with your own eyes in order to draw a conclusion about that certain game. The odds are there just to give you a clue about who is the favorite in the game but the odd doesn't give you 100% certain winning rate as I think most of us who bet lost a ticket with an odd of 1.12 at least once in his life.

Odds from the book and odds of you own (if you're running an analytic) analyze is often different. Sometimes up to vise versa. One of my friends (not close friend tho) made his own table for ukrainian football league and there were more situations where he had an opposite conclusion about outcome than the same.

So you're right, just use your own head.

[traderethereum]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

Yes. I definitely agree to this user. The idea of the person is always survey the situation, the last results and past matches. They will always pick who are in the top right? Humain instinct. We always believe that team or simply bets that is won in the past results are likely to wpn again because it will be a good image. I think it is not biased since it is always depend on the players instinct and decision where he would place his bets. But for me, also odds are one to look at. Because people always believe in their instincts I guess. Odds are a big factor.

If we do not have much information about the match, we can rely on instinct as sometimes, by using instinct, we can have a chance to win.
So no matter if the odds manipulated, we will feel that we can decide to place the bet or leave it for like that.
When that team has a great journey in the last year, people can use that as consideration to choosing back the team to place the bet, but they need to search for the updated news to know what is happening to that team on this day.
Maybe we have our method in choosing the team, and some of us rely on the odds to select the team.

In a situation where the gambler doesn't have much information about the match, he can only rely on the odds provided by the bookmaker but that doesn't seem right cause if a gambler doesn't have the needed understanding about the match it not must he bet on the game.

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.
He does not need to win the game because he knows that he does not have much information about the match.
Instead, searching for the information that needs more time can reduce his time watching the match and enjoying the game.

[Mauser]

The bets are only statistics and nothing concrete so you should analyze your games with your own eyes in order to draw a conclusion about that certain game. The odds are there just to give you a clue about who is the favorite in the game but the odd doesn't give you 100% certain winning rate as I think most of us who bet lost a ticket with an odd of 1.12 at least once in his life.

Odds from the book and odds of you own (if you're running an analytic) analyze is often different. Sometimes up to vise versa. One of my friends (not close friend tho) made his own table for ukrainian football league and there were more situations where he had an opposite conclusion about outcome than the same.

So you're right, just use your own head.

This is exactly the situations we want to find as a good gambler. If we can identify the odds where the market is wrong than we can get an edge on a game. Any other good thing is if we find that the odds are off is a chance to hedge our bets fairly cheap. These differences in real odds and what the bookmaker offers should be the first attempt for us to make some money.

[hulla]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

Yes. I definitely agree to this user. The idea of the person is always survey the situation, the last results and past matches. They will always pick who are in the top right? Humain instinct. We always believe that team or simply bets that is won in the past results are likely to wpn again because it will be a good image. I think it is not biased since it is always depend on the players instinct and decision where he would place his bets. But for me, also odds are one to look at. Because people always believe in their instincts I guess. Odds are a big factor.

If we do not have much information about the match, we can rely on instinct as sometimes, by using instinct, we can have a chance to win.
So no matter if the odds manipulated, we will feel that we can decide to place the bet or leave it for like that.
When that team has a great journey in the last year, people can use that as consideration to choosing back the team to place the bet, but they need to search for the updated news to know what is happening to that team on this day.
Maybe we have our method in choosing the team, and some of us rely on the odds to select the team.

In a situation where the gambler doesn't have much information about the match, he can only rely on the odds provided by the bookmaker but that doesn't seem right cause if a gambler doesn't have the needed understanding about the match it not must he bet on the game.

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.
He does not need to win the game because he knows that he does not have much information about the match.
Instead, searching for the information that needs more time can reduce his time watching the match and enjoying the game.

The possibility of the gambler clto choose the wrong is the reason why I said it not a must to gamble on the game in a such situations when the gambler doesn't have any clue about the teams but what the purpose of betting on a game when you don't need to win?

[Jemzx00]

The bets are only statistics and nothing concrete so you should analyze your games with your own eyes in order to draw a conclusion about that certain game. The odds are there just to give you a clue about who is the favorite in the game but the odd doesn't give you 100% certain winning rate as I think most of us who bet lost a ticket with an odd of 1.12 at least once in his life.

Odds from the book and odds of you own (if you're running an analytic) analyze is often different. Sometimes up to vise versa. One of my friends (not close friend tho) made his own table for ukrainian football league and there were more situations where he had an opposite conclusion about outcome than the same.

So you're right, just use your own head.

Most of the given odds are based of the favorites of the players and gamblers. Also, the input from the previous matches are added into these factors to make up for odds provided.
Sometimes the odds changes depending on who has the most bets, for example, the majority of bets and votes are on the 1st team which caters for the 75% of the bettors and only 25% on the 2nd team. The odds for the 1st team would be higher with lower rewards and vice versa.
When betting into these kinds of games, it better to do your own research and analyze which of the 2 teams are most likely to win based of different factors rather than basing on the odds given.

[boyptc]

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.

Forget about having fun in sports betting. It's fun as it is but gamblers are gamblers and the majority of us are longing to have profit as we bet. If there are bettors who are betting and expecting a loss.

He shouldn't bet against any odds if that's what he's expecting. But the mentality of YOLO sure is incredible.

[traderethereum]

The odd can be manipulative sometimes but it not primarily happens by the bookmaker cause some bookmaker buys or emulate the odds provided by some site. However, odds usually depend on the hype of the sporting event and the previous winning stance of each opponent.

Well I mean, odds are in the end manipulated based on the results and past histories of the teams, so it isn't exactly right to say it is "biased". Yes, hype is also a factor to take into account, but most hype is actually a result of the results of the past matches that the said team has. The sample is Team X had an insane run last year, most people would start rooting for them for the next year right? It isn't biased, but rather just the result of the teams showing results based on their past matches.

Yes. I definitely agree to this user. The idea of the person is always survey the situation, the last results and past matches. They will always pick who are in the top right? Humain instinct. We always believe that team or simply bets that is won in the past results are likely to wpn again because it will be a good image. I think it is not biased since it is always depend on the players instinct and decision where he would place his bets. But for me, also odds are one to look at. Because people always believe in their instincts I guess. Odds are a big factor.

If we do not have much information about the match, we can rely on instinct as sometimes, by using instinct, we can have a chance to win.
So no matter if the odds manipulated, we will feel that we can decide to place the bet or leave it for like that.
When that team has a great journey in the last year, people can use that as consideration to choosing back the team to place the bet, but they need to search for the updated news to know what is happening to that team on this day.
Maybe we have our method in choosing the team, and some of us rely on the odds to select the team.

In a situation where the gambler doesn't have much information about the match, he can only rely on the odds provided by the bookmaker but that doesn't seem right cause if a gambler doesn't have the needed understanding about the match it not must he bet on the game.

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.
He does not need to win the game because he knows that he does not have much information about the match.
Instead, searching for the information that needs more time can reduce his time watching the match and enjoying the game.

The possibility of the gambler clto choose the wrong is the reason why I said it not a must to gamble on the game in a such situations when the gambler doesn't have any clue about the teams but what the purpose of betting on a game when you don't need to win?

The purpose is the gambler want to spend their money while they watch the match.
It is normal if we see that some people are betting on their favorite team or the other team, but they do not search for more information to select the team.
They want to have fun with their money, and if somehow, they can win the match, that will be a bonus to them because they do not think about winning or losing.

[Ziskinberg]

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.

Forget about having fun in sports betting. It's fun as it is but gamblers are gamblers and the majority of us are longing to have profit as we bet. If there are bettors who are betting and expecting a loss.

He shouldn't bet against any odds if that's what he's expecting. But the mentality of YOLO sure is incredible.

We can only have fun if we focus on one game and that game are certainly we can watch when they are playing.

Watch the game and bet on it, get your beer and enjoy, it's simple as that.
Unfortunately some of us long for consistent profit, it's not bad but knowing that we don't have the skills and we are still wasting money, that will eliminate the entertainment we felt when we are just starting.

[Mahanton]

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.

Forget about having fun in sports betting. It's fun as it is but gamblers are gamblers and the majority of us are longing to have profit as we bet. If there are bettors who are betting and expecting a loss.

He shouldn't bet against any odds if that's what he's expecting. But the mentality of YOLO sure is incredible.

We can only have fun if we focus on one game and that game are certainly we can watch when they are playing.

Watch the game and bet on it, get your beer and enjoy, it's simple as that.
Unfortunately some of us long for consistent profit, it's not bad but knowing that we don't have the skills and we are still wasting money, that will eliminate the entertainment we felt when we are just starting.

Just embrace up the reality because it always been like this where people doesnt treat gambling specially on sports in common manner.Some would be betting and love
to watch those games live which do really give out the thrill in regards to your bets and some will just simply put up their best and just tend to see the results afterwards
without even seeing the games live or even watching the replay.Gamblers do have different treatment or perception towards on betting on sports.In the question
if relying on odds when placing bets then most likely people do really have that kind of behavior.

[traderethereum]

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.

Forget about having fun in sports betting. It's fun as it is but gamblers are gamblers and the majority of us are longing to have profit as we bet. If there are bettors who are betting and expecting a loss.

He shouldn't bet against any odds if that's what he's expecting. But the mentality of YOLO sure is incredible.

We can only have fun if we focus on one game and that game are certainly we can watch when they are playing.

Watch the game and bet on it, get your beer and enjoy, it's simple as that.
Unfortunately some of us long for consistent profit, it's not bad but knowing that we don't have the skills and we are still wasting money, that will eliminate the entertainment we felt when we are just starting.

Yes, a gambler is a gambler, but they should know that using gambling to make money will not easy and not many people who are playing gambling can make money.
The mentality of making money from gambling still high, especially if they do not have something to do that can help them to earn money. But if they only focus on having fun and trying to enjoy the game, they will not attempt to spend more money and stop gambling if they think they already have fun.
If we can use gambling for pleasure, maybe we will not get addicted to gambling and we will always remember that gambling can give us a big loss.

[romero121]

Relying on the odds provide with higher winning probability. During the early days of my gambling experience I used to spend on sports/matches which I don't have any idea about the performance. My odds selection will be completely based on the sites that provide with the winning probabilities. Following this I've made good profit following the same

[boyptc]

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.

Forget about having fun in sports betting. It's fun as it is but gamblers are gamblers and the majority of us are longing to have profit as we bet. If there are bettors who are betting and expecting a loss.

He shouldn't bet against any odds if that's what he's expecting. But the mentality of YOLO sure is incredible.

We can only have fun if we focus on one game and that game are certainly we can watch when they are playing.

Watch the game and bet on it, get your beer and enjoy, it's simple as that.
Unfortunately some of us long for consistent profit, it's not bad but knowing that we don't have the skills and we are still wasting money, that will eliminate the entertainment we felt when we are just starting.

What I mean by having fun is that you're just betting randomly and treats it as having fun. It's a different thing of what I've meant and what you have explained.

Well, thanks for that explanation.

[freedomgo]

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.

Forget about having fun in sports betting. It's fun as it is but gamblers are gamblers and the majority of us are longing to have profit as we bet. If there are bettors who are betting and expecting a loss.

He shouldn't bet against any odds if that's what he's expecting. But the mentality of YOLO sure is incredible.

We can only have fun if we focus on one game and that game are certainly we can watch when they are playing.

Watch the game and bet on it, get your beer and enjoy, it's simple as that.
Unfortunately some of us long for consistent profit, it's not bad but knowing that we don't have the skills and we are still wasting money, that will eliminate the entertainment we felt when we are just starting.

What I mean by having fun is that you're just betting randomly and treats it as having fun. It's a different thing of what I've meant and what you have explained.

Well, thanks for that explanation.

I think it's not fun to just bet randomly in sports, maybe in luck based games like roulette and dice. We choose to bet in sports because we believe we know the game and we know the teams, and therefore it will only be fun if we will try to put some effort on analyze the odds that bookies are giving before placing our bet. I'm sharing what I do, I'm sure most of us are doing the same.

[bitzizzix]

Still, it will be difficult for the gambler to choose the right team, as that can lead him to select the wrong team.
If that gambler does not want to know about the winner and only searches for the fun thing from the sports, he will not have a problem with the result at the end of the game.

Forget about having fun in sports betting. It's fun as it is but gamblers are gamblers and the majority of us are longing to have profit as we bet. If there are bettors who are betting and expecting a loss.

He shouldn't bet against any odds if that's what he's expecting. But the mentality of YOLO sure is incredible.

We can only have fun if we focus on one game and that game are certainly we can watch when they are playing.

Watch the game and bet on it, get your beer and enjoy, it's simple as that.
Unfortunately some of us long for consistent profit, it's not bad but knowing that we don't have the skills and we are still wasting money, that will eliminate the entertainment we felt when we are just starting.

What I mean by having fun is that you're just betting randomly and treats it as having fun. It's a different thing of what I've meant and what you have explained.

Well, thanks for that explanation.

I think it's not fun to just bet randomly in sports, maybe in luck based games like roulette and dice. We choose to bet in sports because we believe we know the game and we know the teams, and therefore it will only be fun if we will try to put some effort on analyze the odds that bookies are giving before placing our bet. I'm sharing what I do, I'm sure most of us are doing the same.

Of course, and that includes what I do to properly analyze and find accurate info ahead of time to find out which team I can count on for me to choose and whenever I do it this way, and the odds of winning are easy to achieve.
Although the analysis is sometimes inaccurate, winning is more often obtained than losing every time I do it.
and if you bet randomly in my opinion this method only relies on luck and is ready to accept more losses because without proper knowledge and analysis and it's like betting just for fun.