Accumulating small odds or choosing one or two big odds

[stadus]

Allocating a monthly budget is a good strategy to manage your money. I do the same to limit the losses.
I personally don't have any particular strategy while placing my bets. I just go with my gut feeling and the most probable bet that I think could win.
I don't really care if the odds are small or big but most of the times the odds are small.

I think I can't do that if I have a small budget in gambling, as a gambler, we want to win and not only to win but to satisfy from that win. So if I bet a small amount with small odds, I need to win many times to accumulate a big amount, I guess it's better to put a parlay than doing that.

[Peanutswar]

I guess it depends on how much you can risk with the game there are a lot of gamblers who always trying to bet small odds because they want to secure the profit on their designated match. But some people love to take some risks and those are the ones who can get higher rewards. In my time we called those matches Yolo which you will bet to the underdogs or the higher odds but again the risk is high but anything can happen we are talking about the sports game so it depends on you to manage. High-risk-reward as we say.

[Silberman]

I don't bet on sports very often because I prefer slots. But sometime sports betting for match that fall into the big match category will also be quite fun to place bets on. So far I'm not addicted to betting on football match because to be honest I'd rather watch than bet. That may be different from most other gamblers who have an interest in sports betting.

For sports betting, I prefer to choose the team I like or my favorite team regardless of how big the odds are given to it by the betting site. In most cases, the favorite team to win the match quite often gets a small odds from the betting site but the chance of winning the bet is much greater than the opposing team. The risk of losing will probably be much lower if I choose my favorite team in betting, that's why I can't win much in sports betting. I will take the odds of 1.5 for the favorite team if the site is willing to offer it or not bet at all.

Usually bookmakers understate the odds on the favorite, so it is quite difficult to be profitable here. Perhaps it is worth making bets online and waiting for the match to start unsuccessfully for the favorite, in this case the odds will increase and it will be possible to make a profitable bet.

This is a known practice and this is because those that do not really know a lot about sport betting are for the most part going to choose the favorites, so the casinos give worst odds to the favorites and better odds to the underdogs so other people are willing to take the risk to invest in those teams, that is where you can find some distortions in the markets that will allow you to become profitable as a sport better, but we need to remember that it is not something easy to do.

[haidil]

if that is a working strategy, then it would be easy to make money in sports betting. What I learned from sports betting is I always look at the value, whether it's an underdog or favorites, you can always find a value, but odds like 1.30 and below, I don't find it attractive, instead I find it too risky.

Indeed, so far I also think that the odds of 1.30 and below are still a high risk bet, but that's sometimes gambling that is at high risk will result in higher profits as well. Equivalent to what is at stake for a sport that has a clearness in its value in the past before any further predictions.

[palle11]

In my time we called those matches Yolo which you will bet to the underdogs or the higher odds but again the risk is high but anything can happen we are talking about the sports game so it depends on you to manage. High-risk-reward as we say.

Yes the underdogs in most of the sport games given very high odds and they happen to win but many gamblers fear to make a stake on these unpopular teams because they can't identify a high value player in the team. The forecast for underdogs are not taken seriously and many bets go against them. You can win big odds if you just go for it straight up and not adding more to the slip.

[maju69]

Yes, testing luck is not a problem for you or others but we must remember that we control ourselves and the games and not let the games possess us without having a chance to quit gambling. I am sure we actually have the power to say it is enough to play gambling, but we often reject that and say the next rounds will be ours. We must take a fast decision so we can quit gambling before it is too late for us.

That's the point of self-control that I've tried to hone so far, maybe for 2 to 3 games I can still control the conditions so that I immediately stop and withdraw profits.
As for the rest I'm still overwhelmed to say stop. That way I know, that so far only 2 to 3 games that I have to apply every time I gamble.

[KTChampions]

Usually bookmakers understate the odds on the favorite, so it is quite difficult to be profitable here. Perhaps it is worth making bets online and waiting for the match to start unsuccessfully for the favorite, in this case the odds will increase and it will be possible to make a profitable bet.

This is a known practice and this is because those that do not really know a lot about sport betting are for the most part going to choose the favorites, so the casinos give worst odds to the favorites and better odds to the underdogs so other people are willing to take the risk to invest in those teams, that is where you can find some distortions in the markets that will allow you to become profitable as a sport better, but we need to remember that it is not something easy to do.

Reverse situations are extremely rare. For example, now everyone is waiting for the fight between Pacquiao and Spence, and despite the fact that Spence is a clear favorite, the odds on him are too high because Pacquiao's fans are betting on Pacquiao no matter what, and the bookmakers are forced to take this into account. At the moment, the odds for Spence is around 1.45 and in my opinion it is very profitable.

[michellee]

Yes, testing luck is not a problem for you or others but we must remember that we control ourselves and the games and not let the games possess us without having a chance to quit gambling. I am sure we actually have the power to say it is enough to play gambling, but we often reject that and say the next rounds will be ours. We must take a fast decision so we can quit gambling before it is too late for us.

That's the point of self-control that I've tried to hone so far, maybe for 2 to 3 games I can still control the conditions so that I immediately stop and withdraw profits.
As for the rest I'm still overwhelmed to say stop. That way I know, that so far only 2 to 3 games that I have to apply every time I gamble.

It seems, you need to have more self-control for the next 3 games as that can make you feel difficult to stop right away from the games. Yes, I have that experienced before, but I think you should keep trying to stop after you get 4 or 5 games but you need to check your greediness because that feeling can become bigger if you win. So you need to be very careful from that and without having self-control, I am afraid that you will not stay for a long run. Maybe 2 to 3 games will be enough for you to playing gambling as you do not have a difficult to stop and it is better to stop after 3 games.

[Fortify]

Gambling is fun and we should take it for fun, people should not be addicted, they should play good and making it not necessary. I gambled over the weekend when I have time, it makes good sense to me, my budget is not more than 5% of my monthly income. This thread is focused on we that have fun while play bet, even if we lose, we are not sad, we are not affected negatively or depressed, but if we win, another money for beer has been received.

I will like people to comment on how they stake, strictly on football matches. Did you prefer to choose straight win? Did you like to choose correct score? Have you chosen correct score before and won it? Did you like playing 10 minutes over 1.5? The best accumulation you ever staked?

After all your experiences about gambling on football matches, which one has been coming with the best result? Is it accumulating small odds? Or betting on one or two big odds?

It is a bit of a catch-22 situation with multi bets. You might have seen some incredible wins from small amounts connected across many bets, however the odds of pulling them off grow exponentially with each new bet that you add in. People are generally terrible at calculating large mathematical odds and I have seen enough bets at 1.03x go the wrong way to know that even the most safe bets can go against you and break a chain. Everyone should know that it is parlay/multibets that generally make a bookmaker the most money from their customers, because one link in the chain can break everything and it often does

[milewilda]

Yes, testing luck is not a problem for you or others but we must remember that we control ourselves and the games and not let the games possess us without having a chance to quit gambling. I am sure we actually have the power to say it is enough to play gambling, but we often reject that and say the next rounds will be ours. We must take a fast decision so we can quit gambling before it is too late for us.

That's the point of self-control that I've tried to hone so far, maybe for 2 to 3 games I can still control the conditions so that I immediately stop and withdraw profits.
As for the rest I'm still overwhelmed to say stop. That way I know, that so far only 2 to 3 games that I have to apply every time I gamble.

It seems, you need to have more self-control for the next 3 games as that can make you feel difficult to stop right away from the games. Yes, I have that experienced before, but I think you should keep trying to stop after you get 4 or 5 games but you need to check your greediness because that feeling can become bigger if you win. So you need to be very careful from that and without having self-control, I am afraid that you will not stay for a long run. Maybe 2 to 3 games will be enough for you to playing gambling as you do not have a difficult to stop and it is better to stop after 3 games.

When you are in the  verge of some winning then that kind of boost up in emotion and of course with mix of greed will surely becomes bigger.In result? You would definitely be continuing on the things you've been doing.
I highly agree with 2 to 3 games but going overboard isnt not bad as long you had already allocated some funds for that certain day and as long you dont compromise even more funds then i do consider for it to be considerable act or behavior but for me the best time to quit midway is on winning with several few bets that you had able to hit.

[michellee]

Yes, testing luck is not a problem for you or others but we must remember that we control ourselves and the games and not let the games possess us without having a chance to quit gambling. I am sure we actually have the power to say it is enough to play gambling, but we often reject that and say the next rounds will be ours. We must take a fast decision so we can quit gambling before it is too late for us.

That's the point of self-control that I've tried to hone so far, maybe for 2 to 3 games I can still control the conditions so that I immediately stop and withdraw profits.
As for the rest I'm still overwhelmed to say stop. That way I know, that so far only 2 to 3 games that I have to apply every time I gamble.

It seems, you need to have more self-control for the next 3 games as that can make you feel difficult to stop right away from the games. Yes, I have that experienced before, but I think you should keep trying to stop after you get 4 or 5 games but you need to check your greediness because that feeling can become bigger if you win. So you need to be very careful from that and without having self-control, I am afraid that you will not stay for a long run. Maybe 2 to 3 games will be enough for you to playing gambling as you do not have a difficult to stop and it is better to stop after 3 games.

When you are in the  verge of some winning then that kind of boost up in emotion and of course with mix of greed will surely becomes bigger.In result? You would definitely be continuing on the things you've been doing.
I highly agree with 2 to 3 games but going overboard isnt not bad as long you had already allocated some funds for that certain day and as long you dont compromise even more funds then i do consider for it to be considerable act or behavior but for me the best time to quit midway is on winning with several few bets that you had able to hit.

You are right. The emotion will be bigger than before we see that the opportunity to win is in our front and we only need to continue for a little minute. But if we do not have luck, that chance will not happen and the result will be losing money. Yes, I am sure the greed will become bigger if we win and we will continue playing the games without thinking about stop gambling.

When we can control the money that we will use for gambling and still trying hard not to follow the games, we can stop the gambling at the right time. That will make us happy if we can stop gambling while we win so we can enjoy the money.

[Wexnident]

It's better like that, than you bet with choices that are not your own favorite, because usually, besides you have to research every skill that the player has, you also don't necessarily identify them as a whole. Betting with favorites, usually losing or winning is not the main thing.

But bettors sometimes don't really look at the eSport team only, but rather the sport itself. They love the sport itself, and hence know a lot about it and can easily identify the good teams from the bad teams, and in case of black horses, can easily identify if the match is going wrong or not. Casual people who watch sports can afford to do that, but I don't think in the first place they should even bet. Also you're betting since you're expecting them to win, (or to lose), it's literally the goal imo.

[stadus]

It's better like that, than you bet with choices that are not your own favorite, because usually, besides you have to research every skill that the player has, you also don't necessarily identify them as a whole. Betting with favorites, usually losing or winning is not the main thing.

But bettors sometimes don't really look at the eSport team only, but rather the sport itself. They love the sport itself, and hence know a lot about it and can easily identify the good teams from the bad teams, and in case of black horses, can easily identify if the match is going wrong or not. Casual people who watch sports can afford to do that, but I don't think in the first place they should even bet. Also you're betting since you're expecting them to win, (or to lose), it's literally the goal imo.

Sports betting is the most popular, but esport is also getting more popular, however, it will never come that esports betting will surpass sports betting in popularity as sports are regulated and it is more transparent than esports betting, just my personal thoughts.

[hello_good_sir]

I personally think that if you are going for a huge, long shot parlay, you are much better off just having one or two legs worth of big odds.

Each leg that you add essentially introduces another variable of uncertainty, and you'd have to have something ridiculous like 10, 20 legs of 1.2x bets in order to achieve the long odds that you want. That sort of thing simply becomes impossible in practice.

In contrast, 1 or 2 big odds bets can occur in unison in a black swan event, and their odds are generally more attractive.

[Pmalek]

Sports betting is the most popular, but esport is also getting more popular, however, it will never come that esports betting will surpass sports betting in popularity as sports are regulated and it is more transparent than esports betting, just my personal thoughts.

Not only that, but the results in eSports competitions can be manipulated easier than in regular sports. That is especially the case with less popular competitions. If someone participates in a Call of Duty event and losses, it's more difficult to prove that the match was fixed and he wasn't just unlucky. The investigations and audits are stricter in regular sports.

[KTChampions]

I personally think that if you are going for a huge, long shot parlay, you are much better off just having one or two legs worth of big odds.

Each leg that you add essentially introduces another variable of uncertainty, and you'd have to have something ridiculous like 10, 20 legs of 1.2x bets in order to achieve the long odds that you want. That sort of thing simply becomes impossible in practice.

In contrast, 1 or 2 big odds bets can occur in unison in a black swan event, and their odds are generally more attractive.

In fact, the odds of a single bet are not important, their number is important (and the fewer the number of bets, the better). Here's a basic example (you can plug in any other numbers and do the calculations):
On a coin toss, the odds from the casino are 1.95. There is a 50% chance that you will earn 95% of the bet. It turns out that on average you will lose 2.5 percent of each bet.
If you make a multi-bet on a two-coin toss, then on average, you will lose almost 5 percent from each bet (your profit from guessing will be only 3.8025 of your initial bet).
- the higher the number of events in your multi-bet, the lower the mathematical expectation of a profit.
And yes, one big bet is much more profitable than any multi bet.

[haidil]

Reverse situations are extremely rare. For example, now everyone is waiting for the fight between Pacquiao and Spence, and despite the fact that Spence is a clear favorite, the odds on him are too high because Pacquiao's fans are betting on Pacquiao no matter what, and the bookmakers are forced to take this into account. At the moment, the odds for Spence is around 1.45 and in my opinion it is very profitable.

now it's very difficult, they need to find various bookies who will indeed bet big enough here, the casino must place a bet between Pacquiao vs Spence. There will be many possibilities between the two, between comparing history and recent journeys in boxing and some other comparisons that Spence himself certainly has. I'm still looking for information on what bets will be dropped by the bookies that dominate the selection above 75%.

[Fredomago]

It's better like that, than you bet with choices that are not your own favorite, because usually, besides you have to research every skill that the player has, you also don't necessarily identify them as a whole. Betting with favorites, usually losing or winning is not the main thing.

But bettors sometimes don't really look at the eSport team only, but rather the sport itself. They love the sport itself, and hence know a lot about it and can easily identify the good teams from the bad teams, and in case of black horses, can easily identify if the match is going wrong or not. Casual people who watch sports can afford to do that, but I don't think in the first place they should even bet. Also you're betting since you're expecting them to win, (or to lose), it's literally the goal imo.

Sports betting is the most popular, but esport is also getting more popular, however, it will never come that esports betting will surpass sports betting in popularity as sports are regulated and it is more transparent than esports betting, just my personal thoughts.

There are numbers of Esport that being catered from different sports betting houses, they are now being played by gambler who love this types of games, but like you, I also got an impression that this kind of gambling is more risky as it's prone to manipulations, there are lots of mafias everywhere and this kind of venue is easier as players can easily make a wrong move that will affect the entire teams performances,

Far from surpassing sports betting as numbers of gamblers will keep the old ways than trying to explore knowing that the risk is higher than to how they bet originally.

[KTChampions]

Reverse situations are extremely rare. For example, now everyone is waiting for the fight between Pacquiao and Spence, and despite the fact that Spence is a clear favorite, the odds on him are too high because Pacquiao's fans are betting on Pacquiao no matter what, and the bookmakers are forced to take this into account. At the moment, the odds for Spence is around 1.45 and in my opinion it is very profitable.

now it's very difficult, they need to find various bookies who will indeed bet big enough here, the casino must place a bet between Pacquiao vs Spence. There will be many possibilities between the two, between comparing history and recent journeys in boxing and some other comparisons that Spence himself certainly has. I'm still looking for information on what bets will be dropped by the bookies that dominate the selection above 75%.

To be honest, I did not understand what you mean  Right now there is such a match (Pacquiao - Spence) with a large imbalance in odds due to Pacquiao fans and the bookmakers are ready to accept your bet of any size on this event. Due to the fact that this is a top fight, bookmakers will receive tens of millions of dollars in bets on this match.

[ralle14]

That's right, esports are now starting to gain a lot of interest and have almost become the most frequently appearing topic even on the small screen where they show the game live. Maybe this is just based on the hype for esports themselves. Because making it popular for a while is possible, but sports are still the main place for betting for big bookies.

The growth is not just hype, it took years for esport to reach this point and the reason why it's popular is because of how enjoyable these games are, like most sports you can still have fun watching even though you don't understand the entire game and a lot of people grew playing these games.

There are numbers of Esport that being catered from different sports betting houses, they are now being played by gambler who love this types of games, but like you, I also got an impression that this kind of gambling is more risky as it's prone to manipulations, there are lots of mafias everywhere and this kind of venue is easier as players can easily make a wrong move that will affect the entire teams performances,

You guys are not wrong though esports are so difficult to regulate but only a few get caught. You can easily avoid this issue since they target smaller tournaments and the bigger teams can't afford to do those type of things since their career is on the line.