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Author Topic: Do you rely on the odds when placing bets?  (Read 12692 times)
boyptc
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March 01, 2021, 08:43:22 PM
 #481

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.
Who knows if there are sports bettor that find it fun to just randomly bet in any sports. Those yolo mentally gamblers find it fun if they do that.

Just like the others, we do have different descriptions of having fun. But as long as you do it without regret and you're aware of the consequences and if you lose, you'll just accept it, that's okay.
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March 01, 2021, 08:56:34 PM
 #482

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.
Who knows if there are sports bettor that find it fun to just randomly bet in any sports. Those yolo mentally gamblers find it fun if they do that.
^ That is completely for fun. I can't imagine if there is a bettor like that who did not even have a small research and randomly bet based on what he likes or preferred to the odds that given by the site. Sports betting is something like you need to study some technical analysis and much better if you know what happens inside information on each team. Something like an injured list or the how many weak members on each team, always considerable to choose how many MVP on each team which gives a high probability of winning.
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March 01, 2021, 09:13:47 PM
 #483

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.
Who knows if there are sports bettor that find it fun to just randomly bet in any sports. Those yolo mentally gamblers find it fun if they do that.

Just like the others, we do have different descriptions of having fun. But as long as you do it without regret and you're aware of the consequences and if you lose, you'll just accept it, that's okay.

Maybe there are bettors doing this but I can't imagine that they will bet randomly and watch the game, it's just too stupid to cheer on a team that you did not even know and you just have to because you have pick them when you do a random pick. That's why for me it will never work, this is more than blindly betting, more like a lottery style of betting.

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March 02, 2021, 05:49:05 AM
 #484

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.
Who knows if there are sports bettor that find it fun to just randomly bet in any sports. Those yolo mentally gamblers find it fun if they do that.
I sometimes do this  Grin

Specially when i am in losing streak ? i find it funny and enjoyable if i will bet randomly ( but for small amount only for Fun time)
if i remember it right , for couple of times i did this in sportsbet , betting in team that i really don't like lol.
Quote
Just like the others, we do have different descriptions of having fun. But as long as you do it without regret and you're aware of the consequences and if you lose, you'll just accept it, that's okay.
if you do this for Fun then surely you'll admit what is the outcome , because if not then you are just fooling yourself  Cool.

Imagine for fun but you felt bitter when losing Lol.

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March 02, 2021, 06:54:29 AM
 #485

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

Good for you if you able to earn decent profits just by following those odds.

Most of the time, bookmakers shuffle this and without knowledge about the game your winning chances is slim. Unlike with what happened to you where mostly you picked the right team or players even you don't have enough knowledge regarding to the performance just lying with what fate brings you.


Of course I took into account the odds besides the competing team. To anticipate a defeat with low odds, I usually analyze the players and also the standings or the last 5 matches. NBA and Ball, usually I am interested in joining them in the Parlay. But I also lost with low odds in table tennis matches that made me no longer interested in betting on the sport.  We can usually observe the ball less than other sports competitions. especially if we bet a big team

The proper way if you are trying to make some good money, aside from luck obsering and analyzing the teams and players
adds up the chance of winning. though even you picked the favorite when luck is not beside you you'll still experienced the
defeats.
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March 02, 2021, 08:57:09 AM
 #486

The proper way if you are trying to make some good money, aside from luck obsering and analyzing the teams and players
adds up the chance of winning. though even you picked the favorite when luck is not beside you you'll still experienced the
defeats.
True, but with low bets, if you are interested in a single bet on a big team, it can actually be done if you are in doubt about the parlay. The winning chanche is bigger and if we lose the match there is still a chance in the next match. with a note using the martiangle strategy. This player analysis is key in the ball game and also the last 5 games in my opinion

I am doing a similar approach when I don't know much about the teams but still want to bey. In case we see attractive odds and want to cover our self's we can start out with small bets. The martingale strategy is long term wise that most profitable for me because we will always recover our losses once we win. The only problem is if our bankroll is too small and we get knocked out.

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March 02, 2021, 07:58:29 PM
 #487

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
It's a little bit contradictory I think, why did you stop to follow this strategy if you were making good profits this way? Why trying something else when you can earn money so easily?

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boyptc
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March 02, 2021, 09:14:40 PM
 #488

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.
Who knows if there are sports bettor that find it fun to just randomly bet in any sports. Those yolo mentally gamblers find it fun if they do that.
I sometimes do this  Grin

Specially when i am in losing streak ? i find it funny and enjoyable if i will bet randomly ( but for small amount only for Fun time)
if i remember it right , for couple of times i did this in sportsbet , betting in team that i really don't like lol.
That's good for you for winning those bets. Sometimes it really happens for some gamblers.

They bet randomly and have that reasoning that it's just for fun and doing it for the sake of nothing.
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March 02, 2021, 10:13:44 PM
 #489


They bet randomly and have that reasoning that it's just for fun and doing it for the sake of nothing.

For fun but doing it for the sake of nothing?

I don't understand, if we like to have fun in sports, we should know the sports we are betting in the first place.
I doesn't make sense to me and honestly I think that's a very stupid way of betting in sports, no one would enjoy that in the long run doing that style.

As for me, I fall in love with sports betting as I'm a sports fan in the first place.
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March 03, 2021, 02:23:28 PM
 #490


They bet randomly and have that reasoning that it's just for fun and doing it for the sake of nothing.

For fun but doing it for the sake of nothing?

I don't understand, if we like to have fun in sports, we should know the sports we are betting in the first place.
I doesn't make sense to me and honestly I think that's a very stupid way of betting in sports, no one would enjoy that in the long run doing that style.

As for me, I fall in love with sports betting as I'm a sports fan in the first place.

I do it for fun but I do it for money, most of us are gambling because of money, it's not fun alone and we will never have fun if we are not winning, unless we have too much of money to waste which IMO would not give us a thrill. Sports betting is different from other type of gambling, most bettors here believe in themselves that they can win, that's why they bet on teams they know because they are confident of winning.

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March 03, 2021, 04:14:11 PM
 #491


They bet randomly and have that reasoning that it's just for fun and doing it for the sake of nothing.

For fun but doing it for the sake of nothing?

I don't understand, if we like to have fun in sports, we should know the sports we are betting in the first place.
I doesn't make sense to me and honestly I think that's a very stupid way of betting in sports, no one would enjoy that in the long run doing that style.

As for me, I fall in love with sports betting as I'm a sports fan in the first place.

I do it for fun but I do it for money, most of us are gambling because of money, it's not fun alone and we will never have fun if we are not winning, unless we have too much of money to waste which IMO would not give us a thrill. Sports betting is different from other type of gambling, most bettors here believe in themselves that they can win, that's why they bet on teams they know because they are confident of winning.

The very reason why there are more gamblers who are involve with this kind of gambling, most have the same mindsets.

Thinking that placing bets with their favorite due to their knowledge and understanding. Gamblers who manage to spend time finding the right
pieces to build a system that may work while gambling around.

It's not and assurance but with knowledge behind the game gives a gambler a much better opportunities to win.
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March 03, 2021, 04:32:05 PM
 #492

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

That's a really helpful experience. Some of the new gamblers really rely on the odds specially when they do not know the players but still want to bet on different sports to try and experience it. I also did try this kind of betting style but it did not work for me because most of the matches that I have placed the bet on was somehow always played by a dark horse of the tournament which is why I transitioned into only betting on someone or a team that already showed their capabilities.

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March 03, 2021, 04:41:35 PM
 #493

Definitely, if the odds displayed is attractive then I will definitely consider betting on it but I can disregard the fact that that odds are put there because the team is doing badly, maybe checking if they have done any miracle comeback games then I guess that they can be considered, I also will consider the team that they are fighting against, are they a powerhouse in that league or are they an in-between because that can help with the odds.
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March 03, 2021, 04:52:32 PM
 #494


They bet randomly and have that reasoning that it's just for fun and doing it for the sake of nothing.

For fun but doing it for the sake of nothing?

I don't understand, if we like to have fun in sports, we should know the sports we are betting in the first place.
I doesn't make sense to me and honestly I think that's a very stupid way of betting in sports, no one would enjoy that in the long run doing that style.

As for me, I fall in love with sports betting as I'm a sports fan in the first place.
You don't understand because you probably haven't those people that really do that thing. The fun for them is just to bet with almost anything whether they know it or not.

That's the essence for nothing IMO.
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March 03, 2021, 05:32:43 PM
 #495

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

That's a really helpful experience. Some of the new gamblers really rely on the odds specially when they do not know the players but still want to bet on different sports to try and experience it. I also did try this kind of betting style but it did not work for me because most of the matches that I have placed the bet on was somehow always played by a dark horse of the tournament which is why I transitioned into only betting on someone or a team that already showed their capabilities.

That's surely an easy way to bet since most of the times the bet which has higher winning probability has more odds.
But personally I don't like this kind of bet since the risk to reward ratio is often bad in these kind of bets.
Bigger Odds have less rewards and the risk taken doesn't add up to the reward. Though the probability of winning is high some times the luck goes against us.
I have tried it once or twice but don't prefer it more often.

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March 03, 2021, 05:41:22 PM
 #496

Relying on odds in betting has become a major part it seems, because even though gamblers have made the analysis but if it's just low odds like 1.0x then I'm sure they will go and look for higher or better odds. Maybe some gamblers do that and because of that, relying on odds in betting somehow I realize they will still rely on odds, but that doesn't mean they are making random bets because at least it's a choice of something we analyzed earlier.

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March 03, 2021, 05:56:43 PM
 #497

Relying on odds in betting has become a major part it seems, because even though gamblers have made the analysis but if it's just low odds like 1.0x then I'm sure they will go and look for higher or better odds. Maybe some gamblers do that and because of that, relying on odds in betting somehow I realize they will still rely on odds, but that doesn't mean they are making random bets because at least it's a choice of something we analyzed earlier.

It's a choice that comes up after analyzing the game. There are many strategy that gamblers use when choosing the games and the odds of any specific sports.

They'll sort it up and try to check valuebets that they can have, a lots of gamblers continue to chase for  a much better odd considering the risk and he opporunities, if you are going to win small amount and you are risking huge value then finding alternative is much better, hndicap or any additional ways to bet instead of ML.

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March 03, 2021, 11:43:18 PM
 #498

Relying on odds in betting has become a major part it seems, because even though gamblers have made the analysis but if it's just low odds like 1.0x then I'm sure they will go and look for higher or better odds. Maybe some gamblers do that and because of that, relying on odds in betting somehow I realize they will still rely on odds, but that doesn't mean they are making random bets because at least it's a choice of something we analyzed earlier.

It's a choice that comes up after analyzing the game. There are many strategy that gamblers use when choosing the games and the odds of any specific sports.

They'll sort it up and try to check valuebets that they can have, a lots of gamblers continue to chase for  a much better odd considering the risk and he opporunities, if you are going to win small amount and you are risking huge value then finding alternative is much better, hndicap or any additional ways to bet instead of ML.
Some do risk out even if they do saw 1.01 but others do really find out another line for them to make bets to utilize or getting profit as much as they can.There are lots of variations you can choose on.

Its up to someone on which one he would choose to make use or would just decide on sticking with that single bet with low odds or profitability.I dont see anything worth if it does below 1.5x.

If there are other options given then that would be a good option to take and i can bare to take risk rather than on a 1.01.

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March 04, 2021, 08:42:33 PM
 #499

That's surely an easy way to bet since most of the times the bet which has higher winning probability has more odds.
But personally I don't like this kind of bet since the risk to reward ratio is often bad in these kind of bets.
Bigger Odds have less rewards and the risk taken doesn't add up to the reward.
~snip
No you are wrong, the risk to reward ratio remains the same AFAIK, odds are lower BECAUSE the risk is lower too.
The implied probability of winning is the inverse of the (decimal)odds. With 50% chances of winning you'll have a betting odds of 2.0 With 25% chances to win you'll get 4.0 So when winning chances double, the reward halves.

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March 04, 2021, 11:01:36 PM
 #500

Relying on odds in betting has become a major part it seems, because even though gamblers have made the analysis but if it's just low odds like 1.0x then I'm sure they will go and look for higher or better odds.
Many gamblers are like that. They won't bet if the odd is that low and they'll look for another match where they're still knowledgeable and if the choice based from their analysis has a higher odds, they'll go for it.

Maybe some gamblers do that and because of that, relying on odds in betting somehow I realize they will still rely on odds, but that doesn't mean they are making random bets because at least it's a choice of something we analyzed earlier.
Random bets also happens when they want to.

But just to be sure if they want to win, they'll go with the odds that seems to be good for them and with the help of analysis for that match, they'll cast their bets on.

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