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Author Topic: prediction betting platform pros and cons?  (Read 1663 times)
shoreno
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December 29, 2020, 09:14:49 AM
 #101

Predictions are fine to gamble, I have fun with them, but it depends on what you are predicting as well. For example I do not find logical to gamble on bitcoin price, because if you want to actually spend money on what the bitcoin price will be like, why don't you trade instead? If you think it will go down, you can short it, if you think it will go up, you can buy it (or long it). When those options are available already, "gambling" on bitcoin price prediction makes no sense to me at all.
You said it well, predictions are good for fun. However, I don't think they can be used for some serious decision making.
i think what he said is an example of decision making and not totally gambling for fun because he did mind the outcome of the price prediction .

price prediction are also made for those people that are on the go and dont want real responaibility such as holding or trading but they can just bet , leave and come back to see if they win or not but you are always welcome there if you are already a trader or an investor , this makes your trading and investing game more exciting .
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December 29, 2020, 09:54:21 AM
 #102

His term is about to end and that's what the bookies are waiting for before the funds to be released. Just for the official inauguration for Biden. Yeah, I agree to you that they should add some terms towards holding and waiting for the official winner to be proclaimed so that the bettors who supposed to receive their winnings shouldn't worry and doubt it.

The next time, I'm sure some bookies will make an adjustment or modifications to the terms related to election betting events. They will charge this event to their experience.

It's just that, the recent Presidential election associated with lots of issues so it's ended up with some problems or delay settling some bets.

But honestly, I don't know, even one of those bookies, that still not settling the bet till now.
That's for sure, if there's some important events that are like this, they will create a term that won't require them a lot of time to wait which is going to be in favor of them and as well as their bettors. It is nice that they've experience something like this to avoid it in the future as a lesson learn.

The bookies don't want to have trouble just in case they're about to send the winners their money. It's an issue that's understandable for both sides, in the side of casino that don't want to release any amount and makes it pending due to its situation.

While on the bettors who have won and bet for Biden, it's also understandable that they're already a winner and deserves the win that they should receive. It's just only a matter of a few more days/weeks until there's an official turnover in the white house.

It makes sense. They just want to wait until Biden is now sitting on that High-Class Chair before settling all bets.

Since it's just a matter of only a few weeks before the inauguration, then parties should just wait.

Different story now if even after Biden officially claimed the office, there's still a pending bet although unlikely to happen.
If there would be bookies that won't release the bettors payout after the official announcement and inauguration then it's them that has the problem.

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December 29, 2020, 10:12:18 AM
 #103

Predictions are fine to gamble, I have fun with them, but it depends on what you are predicting as well. For example I do not find logical to gamble on bitcoin price, because if you want to actually spend money on what the bitcoin price will be like, why don't you trade instead? If you think it will go down, you can short it, if you think it will go up, you can buy it (or long it). When those options are available already, "gambling" on bitcoin price prediction makes no sense to me at all.
You said it well, predictions are good for fun. However, I don't think they can be used for some serious decision making.
i think what he said is an example of decision making and not totally gambling for fun because he did mind the outcome of the price prediction .

price prediction are also made for those people that are on the go and dont want real responaibility such as holding or trading but they can just bet , leave and come back to see if they win or not but you are always welcome there if you are already a trader or an investor , this makes your trading and investing game more exciting .

If you understand what you are doing, the chance is better for you whatever decision you'll take, predicting the outcome is not that easy as you have to do your research to have a good basis in each pick that you'll going to take, most gamblers use this venue to try their knowledge about to the type of gambling that they are into.

Not easy as it is and luck also have influenced in most of the time, take your chance and
wait for the outcome if your pick let you to win it out.

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December 29, 2020, 10:41:53 AM
 #104

Predictions are fine to gamble, I have fun with them, but it depends on what you are predicting as well. For example I do not find logical to gamble on bitcoin price, because if you want to actually spend money on what the bitcoin price will be like, why don't you trade instead? If you think it will go down, you can short it, if you think it will go up, you can buy it (or long it). When those options are available already, "gambling" on bitcoin price prediction makes no sense to me at all.
You said it well, predictions are good for fun. However, I don't think they can be used for some serious decision making.
i think what he said is an example of decision making and not totally gambling for fun because he did mind the outcome of the price prediction .
the thing is ,do we really believe and bet in prediction given ? i don't think that there is serious gambler that would do such a desperate and low chance of winning.
Quote
price prediction are also made for those people that are on the go and dont want real responaibility such as holding or trading but they can just bet , leave and come back to see if they win or not but you are always welcome there if you are already a trader or an investor , this makes your trading and investing game more exciting .
Where talking about Money here , are there someone who don't take responsible for His money?
i doubt it Mate,instead we are focus on the outcome ,so basically that prediction only created to favor either the site ,or the one who produce the predicting .
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December 29, 2020, 11:23:48 AM
 #105

The bookies don't want to have trouble just in case they're about to send the winners their money. It's an issue that's understandable for both sides, in the side of casino that don't want to release any amount and makes it pending due to its situation.

While on the bettors who have won and bet for Biden, it's also understandable that they're already a winner and deserves the win that they should receive. It's just only a matter of a few more days/weeks until there's an official turnover in the white house.

It makes sense. They just want to wait until Biden is now sitting on that High-Class Chair before settling all bets.

Since it's just a matter of only a few weeks before the inauguration, then parties should just wait.

Different story now if even after Biden officially claimed the office, there's still a pending bet although unlikely to happen.

I really hope it's going to be as easy as that. I am really afraid there will be some kind of tricks next year and the bookies are not paying out our profits. The money is always taken directly for the bets but the the payouts always take longer.
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December 29, 2020, 12:28:44 PM
 #106

His term is about to end and that's what the bookies are waiting for before the funds to be released. Just for the official inauguration for Biden. Yeah, I agree to you that they should add some terms towards holding and waiting for the official winner to be proclaimed so that the bettors who supposed to receive their winnings shouldn't worry and doubt it.

The next time, I'm sure some bookies will make an adjustment or modifications to the terms related to election betting events. They will charge this event to their experience.
This Election Leaves more learning to the whole gambling community ,This was never happen to our generation and even in the earlier so this was not anticipated though This constantly happening in other countries specially 3rd world when after election ,protest will surely follow.

But not USA in which the losing party Conceding once the election is over and this is what people expect Respectively .

Now gambling sites/Bookies are already  editing their TOS in preparation to the next Elections for this not to happen again.












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December 29, 2020, 02:09:10 PM
 #107

Don't forget that you can make money in both prediction in trading and prediction in gambling. The most important thing to remember is that you are making informed predictions. It does not matter much where you are making predictions. What matters most is that you are not just placing predictions blindly. You are making predictions based on a complete analysis of statistics and other factors.

What makes prediction in gambling much better than prediction in trading is that the market is very wide so you can focus on your area of expertise such as NBA or space exploration or US politics. And better still, you can actually sell your prediction bet for a profit even before the actually decision comes, like the feature of Futuur offers to its users. That's not available in trading.

We can generate a profit in both gambling prediction and trading prediction and i do agree that it is much better to place a bet in gambling while supporting your bets with your inner guts and gambling predictions because it has a lot of areas and you can specifically focus on what areas you wanted to trust your bet on it. Both are beneficial but i bet both has their own level or risks but as a gambler i would rather choose to make a gambling prediction than make a trading prediction, its just it isn't my kind of thingy i guess.

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December 29, 2020, 03:07:44 PM
 #108

We can generate a profit in both gambling prediction and trading prediction and i do agree that it is much better to place a bet in gambling while supporting your bets with your inner guts and gambling predictions because it has a lot of areas and you can specifically focus on what areas you wanted to trust your bet on it. Both are beneficial but i bet both has their own level or risks but as a gambler i would rather choose to make a gambling prediction than make a trading prediction, its just it isn't my kind of thingy i guess.
Well, we are most likely to chose if those are the options. Trading prediction is not my interest because one of the most difficult predictions that would take place especially in crypto space is crypto trading. This is why more news popping out that one had made loses in trading. Betting predictions are more exciting and reliable due to the fact that we can bet depending on our own interest and at the same time the advantage and risk calculations is in our hands.
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December 29, 2020, 03:38:38 PM
 #109

We can generate a profit in both gambling prediction and trading prediction and i do agree that it is much better to place a bet in gambling while supporting your bets with your inner guts and gambling predictions because it has a lot of areas and you can specifically focus on what areas you wanted to trust your bet on it. Both are beneficial but i bet both has their own level or risks but as a gambler i would rather choose to make a gambling prediction than make a trading prediction, its just it isn't my kind of thingy i guess.
Well, we are most likely to chose if those are the options. Trading prediction is not my interest because one of the most difficult predictions that would take place especially in crypto space is crypto trading. This is why more news popping out that one had made loses in trading. Betting predictions are more exciting and reliable due to the fact that we can bet depending on our own interest and at the same time the advantage and risk calculations is in our hands.

Indeed, prediction in gambling has more advantages because you can choose from different fields where you have an interest and confidence that you can predict the result. Aside from that, since it's our personal interest we get more excitement watching and waiting for the result. While in trading, it's obviously much more complicated and hard to predict unless you are really knowledgeable about the market, that's why I also prefer gambling prediction.
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December 29, 2020, 07:55:45 PM
 #110

Prediction betting has got to be the most tedious and boring gambling game there has to be. You literally sit there for hours waiting on something with a pretty low chance of winning. That's why fantasy drafting was made in order to liven the prediction gambling scene by giving you the illusion of control. And even then it only worked for a short while. So yeah, I pretty much listed the biggest drawback of gambling on prediction betting.

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December 30, 2020, 03:24:50 PM
 #111


Don't forget that you can make money in both prediction in trading and prediction in gambling. The most important thing to remember is that you are making informed predictions. It does not matter much where you are making predictions. What matters most is that you are not just placing predictions blindly. You are making predictions based on a complete analysis of statistics and other factors.

What makes prediction in gambling much better than prediction in trading is that the market is very wide so you can focus on your area of expertise such as NBA or space exploration or US politics. And better still, you can actually sell your prediction bet for a profit even before the actually decision comes, like the feature of Futuur offers to its users. That's not available in trading.

that is quite interesting and not many talk about prediction trading

I wonder if any place offers "trading-view-like" charts for odds over time
futuur charts are ok but hard to make deeper analysis and break into smaller timeframes if needed.

but indeed, it has simmilarities with trading but it's a different science.

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December 30, 2020, 03:33:08 PM
 #112

No matter what site you want or what your preferences are, I would always start with a site that is licensed.
You have to build in for yourself with a certain degree of certainty that your money is safe.
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December 30, 2020, 03:39:34 PM
 #113

No matter what site you want or what your preferences are, I would always start with a site that is licensed.
You have to build in for yourself with a certain degree of certainty that your money is safe.
That's true but that's not always the case there are some websites that doesn't have any license but consider as a reputable and trusted website well I was referring to bustabit but they are more on a online casino and not a betting website, I really think sports betting is different and should need to have a license.

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December 30, 2020, 03:51:02 PM
 #114

We can generate a profit in both gambling prediction and trading prediction and i do agree that it is much better to place a bet in gambling while supporting your bets with your inner guts and gambling predictions because it has a lot of areas and you can specifically focus on what areas you wanted to trust your bet on it. Both are beneficial but i bet both has their own level or risks but as a gambler i would rather choose to make a gambling prediction than make a trading prediction, its just it isn't my kind of thingy i guess.
Well, we are most likely to chose if those are the options. Trading prediction is not my interest because one of the most difficult predictions that would take place especially in crypto space is crypto trading. This is why more news popping out that one had made loses in trading. Betting predictions are more exciting and reliable due to the fact that we can bet depending on our own interest and at the same time the advantage and risk calculations is in our hands.


Yeah right, you have a good control in terms of risk and bankroll management.

With prediction gambling you always have an options to continue or to quit same a like with trading where your choose gives you the
priveledge to adjust your loses and also gives you the chance to bank out your earnings as early as it will be.
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December 30, 2020, 04:19:32 PM
 #115

Prediction betting has got to be the most tedious and boring gambling game there has to be. You literally sit there for hours waiting on something with a pretty low chance of winning. That's why fantasy drafting was made in order to liven the prediction gambling scene by giving you the illusion of control. And even then it only worked for a short while. So yeah, I pretty much listed the biggest drawback of gambling on prediction betting.
I think all gambling games are basically betting or prediction games, it doesn't matter if it's a casino bet, sports betting or whatever is said to be based on strategy and luck but everything will still be based on predictions. So, I don't think there are any pros and cons when it comes to betting predictions, because the pros and cons will only happen to gambling itself and not about the game.

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December 30, 2020, 07:45:50 PM
 #116

Prediction betting has got to be the most tedious and boring gambling game there has to be. You literally sit there for hours waiting on something with a pretty low chance of winning. That's why fantasy drafting was made in order to liven the prediction gambling scene by giving you the illusion of control. And even then it only worked for a short while. So yeah, I pretty much listed the biggest drawback of gambling on prediction betting.
I think all gambling games are basically betting or prediction games, it doesn't matter if it's a casino bet, sports betting or whatever is said to be based on strategy and luck but everything will still be based on predictions. So, I don't think there are any pros and cons when it comes to betting predictions, because the pros and cons will only happen to gambling itself and not about the game.
Im with this and i do see the same thing where i dont really care nor thing about pros and cons because those are just typical stuffs that you can see or able to encounter when you do make out some bets.

It doesnt matter as long those platforms do give out their best service on what you do seek as a bettor.It is indeed on gambling itself and not about the game.

As long it do give out on what you do seek for plus had been used by most people or public then that what matters.
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December 30, 2020, 08:19:52 PM
 #117

No matter what site you want or what your preferences are, I would always start with a site that is licensed.
You have to build in for yourself with a certain degree of certainty that your money is safe.
That's true but that's not always the case there are some websites that doesn't have any license but consider as a reputable and trusted website well I was referring to bustabit but they are more on a online casino and not a betting website, I really think sports betting is different and should need to have a license.

I'm divided when it comes to prediction platforms because I've already tried a few myself. On the one hand they give a very good direction in which a match can go, on the other hand my chance of success was just over 50%. That's enough to be profitable if you apply strict money and balance management, but on the whole I wouldn't invest any money for it. It is the same with particular Telegram groups. They rarely manage to get more than 55% of the bets right.
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December 30, 2020, 11:27:48 PM
 #118

No matter what site you want or what your preferences are, I would always start with a site that is licensed.
You have to build in for yourself with a certain degree of certainty that your money is safe.
That's true but that's not always the case there are some websites that doesn't have any license but consider as a reputable and trusted website well I was referring to bustabit but they are more on a online casino and not a betting website, I really think sports betting is different and should need to have a license.

I'm divided when it comes to prediction platforms because I've already tried a few myself. On the one hand they give a very good direction in which a match can go, on the other hand my chance of success was just over 50%. That's enough to be profitable if you apply strict money and balance management, but on the whole I wouldn't invest any money for it. It is the same with particular Telegram groups. They rarely manage to get more than 55% of the bets right.
50/50 is what we probably expect in gambling but base on my experience, I've only got 40% chances to win, sound ridiculous? That is why I don't give much time into prediction but much preferred to where I can maximize my skills and knowledge. However, if you are in sportsbetting, I saw the difference and our chances to win will be uplifted if we been closely following the event and in that way we are also familiarized every team performance and could be easy for us to choose which team to bet on.

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December 31, 2020, 02:07:30 AM
 #119


Im with this and i do see the same thing where i dont really care nor thing about pros and cons because those are just typical stuffs that you can see or able to encounter when you do make out some bets.
and instead that is still prediction ,Even us can do our own prediction and who cares ?that's our money to ne at risk .
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It doesnt matter as long those platforms do give out their best service on what you do seek as a bettor.It is indeed on gambling itself and not about the game.
and they are giving this for free so are we to seek for more ,If you are paying for predictions they provide then you can demand for more accurate and rightful but if for free ,expect the risk and the level they will give you.
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As long it do give out on what you do seek for plus had been used by most people or public then that what matters.
yeah ,and you don't have to rely in one site ,compare them all to get better decision, the more do favor is the more chances of winning.









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December 31, 2020, 02:18:11 AM
 #120

Prediction betting has got to be the most tedious and boring gambling game there has to be. You literally sit there for hours waiting on something with a pretty low chance of winning. That's why fantasy drafting was made in order to liven the prediction gambling scene by giving you the illusion of control. And even then it only worked for a short while. So yeah, I pretty much listed the biggest drawback of gambling on prediction betting.

It is not as boring when real money is involved. In fact, if you make predictions on a sports match you will most likely watch the game as well because you know that the game will either give or take money from you.

Personally, I can feel the thrill and adrenaline even in predictions. I have some predictions right now in Futuur involving real Bitcoin and I am regularly checking out the site for the result. That's what gambling brings. That's excitement.
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