Does knowing your sport and teams really make you better at betting on them?

[xSkylarx]

This highly increases the chance of winning. When they are matched against each other you can already analyze who is going to win. Though luck will still play its role, the team at disadvantage doesn't win that often. This can already be noticed on online betting sportbooks where many sports enthusiasts bet on the team they think to win. The team with the higher odd has low chance to win, so betting on them bears a high risk but can give you a huge return.

[FIFA worldcup]

Absolutely it does help your chances to win the game, because you already know which team is playing against whom and what are the advantages of that team or who had a better player. So accordingly, you will place the bets depending upon the team or player who has better chances of winning rather than taking a blind spot in the game.

Even if they told me or they have a tip about a team or player's performance I prefer checking the team or player and the situation before making a bet, when it comes to sports betting especially a game racing where I always bet I always check every horse I bet even many are giving it a big chance to win, it's just a habit.

Yes, sports betting is good in a way because we can analyze the team performance before making the bet on them. Although we can still lose the bet but the probability of winning is higher than losing sports bet after knowing the team details.
Its always good to know about the team than to bet blindly.

[Natalim]

Although we can still lose the bet but the probability of winning is higher than losing sports bet after knowing the team details.

I will completely disagree with this, knowing is not enough, you need to win more for you to be profitable.

The win rate is very important in sports betting, for example, you have a fix bankroll and you manage it very well, as long as you win 60% for your overall bets, I guess that would already make you profitable, and let us not talk about luck here as sports betting can be won by using your skills.

[XZERO1]

For me it does make a significant difference in results, I have just a few experience betting on sports/teams that I'm unfamiliar with, and that's by relying on odds alone and over all it wasn't a very good experience and even though I did not experience that much of a loss, I was really close to losing too much money because of that.

It's better to always wait to bet for the teams/sports that you have some knowledge about instead of just randomly start betting on different teams and even worse on a sport that you have no clue about, unless you just don't care at all about the money and you just want to bet on something for the dopamine rush that you get out of it, but then again you'll always have more fun betting on the sports that you actually enjoy watching.

[Janation]

Most of the answers here say about experience or knowledge on the team or the game.

I am kind of curious if there are some bettors here that go against that knowledge? I mean, for example, a team that is expected to dominate that certain season fighting against a not that strong team but you still went for the underdog team. Maybe for the thrill or just maybe for the odds that could give you big winnings if that team actually wins.

Did it a lot of times in an esports tournament but it did not go well.

[bitzizzix]

Most of the answers here say about experience or knowledge on the team or the game.

I am kind of curious if there are some bettors here that go against that knowledge? I mean, for example, a team that is expected to dominate that certain season fighting against a not that strong team but you still went for the underdog team. Maybe for the thrill or just maybe for the odds that could give you big winnings if that team actually wins.

Did it a lot of times in an esports tournament but it did not go well.

Because experience and knowledge will have a chance to win because everyone will learn from mistakes, especially knowledge that really supports team selection after being studied well.
I also sometimes bet on the underdog but win the match, and I do it by following my conscience to choose it on the grounds I am not sure about the opponent of the underdog.

[Becky666]

Snip>
Its always good to know about the team than to bet blindly.

Nothing is good than a gambler knowing more about the team he or she is betting on, so, many gamblers made some regret during one or two of their games becasue they failed to check the details of the team players. Personally, am a lover of a sport-betting and whenever i want to bet i usually double check the team players to verify their strength, than just doing garbage.

[Silberman]

If you're betting on tennis without the slightest idea of how the game works, you probably won't do a good job because you wouldn't even understand what you're betting on. However, if you have some basic knowledge of the game and teams, is it enough to become good at betting? If you really know the teams and follow what's happening to them (injuries and stuff like that), does it really make you good at betting?
I want to draw from my personal experience with football and predicting EPL. I have some basic knowledge about EPL and about football in general, but I'm not deep into the details. However, it seems that I've been improving at predicting how the matches would go by getting the hang of analyzing the odds, previous history of matches between the teams and recent history of matches of some teams against other strong teams. So I've been paying more attention to betting, but my knowledge of football and teams did not change much, but here's some data on how I've been making predictions on Superbru:

So from worse than average I went to top-20. Perhaps it's just luck or some random factors, and I'm not really getting better at it. What's your experience and opinion on the relation between knowing the sport and betting on it?

I think this is similar to asking if learning about trading strategies is going to make you a better trader? And the answer to that question is yes, and the answer to your question is also yes, you can get lucky and win many sports bets but if you do this for long enough your win ratio will return to the mean and you will see losses, as such the only ones that are successful long term betting on sports are people that are extremely knowledgeable and passionate about the the sport in which they are betting.

[dunfida]

Snip>
Its always good to know about the team than to bet blindly.

Nothing is good than a gambler knowing more about the team he or she is betting on, so, many gamblers made some regret during one or two of their games becasue they failed to check the details of the team players. Personally, am a lover of a sport-betting and whenever i want to bet i usually double check the team players to verify their strength, than just doing garbage.

Not only about strength but simply talking about numbers or statistics.You can really make out comparison between the two but doesnt mean
that underdogs or lower tier teams or players cant beat out those better ones thats why this will really be still be aware into those possibilities
but yes, its better to have knowledge or skills on looking for those numbers or checking out everything rather than on making some blind bets.

[CarnagexD]

It may really have beneficial effects, from my personal experience, knowing what your team can and can't do gives you this sense of confidence in terms of calculating whether they would win against a certain team or not, allowing you to make educated guesses and decisions which is really integral in the betting world.

Most of the answers here say about experience or knowledge on the team or the game.

I am kind of curious if there are some bettors here that go against that knowledge? I mean, for example, a team that is expected to dominate that certain season fighting against a not that strong team but you still went for the underdog team. Maybe for the thrill or just maybe for the odds that could give you big winnings if that team actually wins.

Did it a lot of times in an esports tournament but it did not go well.

This could be the case for some, especially those who extensively researched the capabilities of the team they are originally rooting for, I can confirm since I tried this too, and I must say, it helped me not to be trolled by fate royally.

[just_Alice]

Judging from personal experience there's no point in the deep analysis of the game you're betting on, there are too many factors to take into account, from injuries to coaches, and personal health, gaming history, the atmosphere in the team, and many-many other things that you may not even think about and can't possibly know.

Considering all this, I'd say it's impossible to gather all the data, make a full analysis, especially if it's not your main occupation and you're betting on many games at a time.

However, there are some significant points that might affect the course of the game, but that's why it is good to analyze the odds rather than the game itself and that's why you've improved. The odds already represent all that data you need, because other people analyzed some stuff, made their predictions based on this, which affected the odds.

[Shasha80]

I often play sports betting, indeed, to increase the chances of winning, I have to have a lot of information related to sports and the teams that will play.
Because usually the latest conditions in the teams that will play can affect the results of the match, therefore most gamblers who like sports betting.
They will often read a lot of news to be able to find out the latest conditions on the teams that will play. That way they can get important information
that could be decisive for predicting which team has the chance to win.

[FlightyPouch]

Most of the answers here say about experience or knowledge on the team or the game.

I am kind of curious if there are some bettors here that go against that knowledge? I mean, for example, a team that is expected to dominate that certain season fighting against a not that strong team but you still went for the underdog team. Maybe for the thrill or just maybe for the odds that could give you big winnings if that team actually wins.

Did it a lot of times in an esports tournament but it did not go well.

I did it because I have no choice. The last NBA finals, most of my friends are all into LA Lakers so I have no choice but to bet on their opponent. I didn't bet on the first and last games but I did bet on games 2 - 5. I thought Miami could win more games in betweens the series but they didn't and just have a 2 - 2 in that games. The first one and the last one was won by Lakers so that would be a huge loss for me if I continue to bet.

Did it on an esports game too in a site called Dota2Lounge using my virtual items in Dota 2.Can't recall if that is TI4 or TI5. The same as you, it didn't go well too. Lost my 2 immortal items because of that.

[wheelz1200]

If you're betting on tennis without the slightest idea of how the game works, you probably won't do a good job because you wouldn't even understand what you're betting on. However, if you have some basic knowledge of the game and teams, is it enough to become good at betting? If you really know the teams and follow what's happening to them (injuries and stuff like that), does it really make you good at betting?
I want to draw from my personal experience with football and predicting EPL. I have some basic knowledge about EPL and about football in general, but I'm not deep into the details. However, it seems that I've been improving at predicting how the matches would go by getting the hang of analyzing the odds, previous history of matches between the teams and recent history of matches of some teams against other strong teams. So I've been paying more attention to betting, but my knowledge of football and teams did not change much, but here's some data on how I've been making predictions on Superbru:

So from worse than average I went to top-20. Perhaps it's just luck or some random factors, and I'm not really getting better at it. What's your experience and opinion on the relation between knowing the sport and betting on it?

100%, if you are watching every game you know who is playing than you know if someone is playing through an injury might be less likely to have a breakout game.  Knowing specific players and their hot or cold streak, injuries, etc help when doing player props for sure.  The professional sports betters know in and out what is going on with every team they bet on or against.  Throwing a dart at the board isn't the best strategy

[maydna]

100%, if you are watching every game you know who is playing than you know if someone is playing through an injury might be less likely to have a breakout game.  Knowing specific players and their hot or cold streak, injuries, etc help when doing player props for sure.  The professional sports betters know in and out what is going on with every team they bet on or against.  Throwing a dart at the board isn't the best strategy

Yes, when the coach changes the player because of injury, we can arrange or modify the strategy to select the team, which can help us get each team's statistic, which is a match. It could surely help us have the right team with the biggest potential to win, although that will not always guarantee because, in the middle of the game, the situation can change, and we don't know if our team can still have a chance to win. Besides that, our instinct will also help us choose the team, and we can search for what strategy can help us win.

[Lorence.xD]

It definitely will make you better, if you just bet on the team without the knowledge that their players are bad then it means you are going to lose a lot of money. When it comes to sports, you just need to learn the basics, overanalyzing the game will be detrimental in your decision making process. Coaches play some part too, if they are famous or not is a big deal, they can strategize into doing a comeback.

[ajaxmoor]

It absolutely does. I analyze sports professionally, and used to post picks here https://bitcointalk.org/index.php?topic=987312. Most of my analysis relied on knowing the Teams, and specifically their formations in soccer. You also have to be active in tracking their recent games because their recent performance is an indication on how they will perform in the games that are to happen a few days apart.

And I absolutely prefer Soccer over Tennis. Tennis is 1vs1, and a lot is dependent on the performance of a single player, where as in Soccer its a team effort, and the decider heavily relies on more number of people playing good. So you are likely going to get more bang for your analysis with a game like Soccer. There are also more lines available in Soccer vs other sports like tennis. The only time I bet on Tennis these days is, if I am watching the match live.

[stadus]

It definitely will make you better, if you just bet on the team without the knowledge that their players are bad then it means you are going to lose a lot of money. When it comes to sports, you just need to learn the basics, overanalyzing the game will be detrimental in your decision making process. Coaches play some part too, if they are famous or not is a big deal, they can strategize into doing a comeback.

If you bet without a knowledge on the sports, that's betting blindly, if you bet with knowledge on the sports and the teams, that's normal betting.
It doesn't mean you'll win right away or even increase your chances of winning, if we talk about sports, it's entirely different if you are putting a bet on it speaking based on my experience.

[Mauser]

It definitely will make you better, if you just bet on the team without the knowledge that their players are bad then it means you are going to lose a lot of money. When it comes to sports, you just need to learn the basics, overanalyzing the game will be detrimental in your decision making process. Coaches play some part too, if they are famous or not is a big deal, they can strategize into doing a comeback.

I agree with you that over analysing could be harmful for our bets. There are so many different information out there that it seems impossible to take everything into consideration. Especially if you follow all the top teams out there. A more modest approach is probably better, because in the end its a game played by humans. Everybody can have a bad day and match can go against you, even though your analysis was writing.

[Yamifoud]

It definitely will make you better, if you just bet on the team without the knowledge that their players are bad then it means you are going to lose a lot of money. When it comes to sports, you just need to learn the basics, overanalyzing the game will be detrimental in your decision making process. Coaches play some part too, if they are famous or not is a big deal, they can strategize into doing a comeback.

I agree with you that over analysing could be harmful for our bets. There are so many different information out there that it seems impossible to take everything into consideration. Especially if you follow all the top teams out there. A more modest approach is probably better, because in the end its a game played by humans. Everybody can have a bad day and match can go against you, even though your analysis was writing.

I will share a technique, when you are betting in sports although you know all the teams or fighters that are playing, just limit the number of bets you'll make, the lesser the better as you can carefully analyze the game and that you can make a very good decision.