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Author Topic: Going for the Underdog or Not?  (Read 1093 times)
mu_enrico
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October 27, 2021, 01:22:40 PM
 #101

Underdogs still have the chance to win, and not everyone is an analyst. You can bet on underdogs if you can analyze their stats, strengths, weaknesses, etc. If there're no stats available, just forget about it and pick more reputable matches. The odds, favorite vs underdog is meaningless, if you can't even make some educated guess.

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October 27, 2021, 01:23:46 PM
 #102

I made an experiment before betting on low odds and in fact, I won most of the time but I realize in the end that the strategy was not profitable. So, I will not recommend betting on the favorites with low odds all the time as it's not designed to give free money, sometimes it's designed to lure gamblers to just put their money on it without knowing the long-term effect is not profitable.

But the problem is that if you place bets only on underdogs, then at a distance it is also a losing strategy. I remember reading about experiments where people made bets in the same sporting events on opposite outcomes - in strategy A only on favorites, in strategy B on underdogs. As a result, both strategies turned out to be unprofitable.

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October 27, 2021, 02:57:16 PM
 #103

A little research can help you to decide in that kind of situation. Thats the edge of sports betting compared to other gambling games, we can somehow predict who's going to win depending on the background and previous fights of a player (team) so we can get an idea.

If you like to take risk then go for the underdog, otherwise, go to the people's champ. For me, it depends on their background, underdog doesnt necessarily mean he's not capable of winning, its just that he is not the favorite.
The research for the match will help us determine which player or team has more chances to win. Going with the underdog or the opposite will depend on the result of the research itself but it is better not to place all of the amounts if you think you can use it for the next match. If you think that your chance at that time is big, you can use all of the money to throw to the team that you select.



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October 27, 2021, 07:30:23 PM
 #104

A little research can help you to decide in that kind of situation. Thats the edge of sports betting compared to other gambling games, we can somehow predict who's going to win depending on the background and previous fights of a player (team) so we can get an idea.

If you like to take risk then go for the underdog, otherwise, go to the people's champ. For me, it depends on their background, underdog doesnt necessarily mean he's not capable of winning, its just that he is not the favorite.
The research for the match will help us determine which player or team has more chances to win. Going with the underdog or the opposite will depend on the result of the research itself but it is better not to place all of the amounts if you think you can use it for the next match. If you think that your chance at that time is big, you can use all of the money to throw to the team that you select.
Dont really have that kind of habit on going all in no matter how sure i am on said or particular game because we know that upset could really happen and if you are in doubt then testing out with small amounts isnt really that a bad idea but the urge or the emotion that we do have would tell the opposite thing thats why peoples betting habit does really vary because some are way too impulsive and some does have that good self control and wont be tending to bet on one go.So it does vary.

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October 27, 2021, 09:52:35 PM
 #105



If you are not worried about the amount you will bet on underdog, then, go for it. If you are lucky, you have good winnings but if not, that's fine, no big deal.
That is the reasoning behind betting on unknown player or team with a little amount. I already thought of it as a losing bet so I'm perfectly fine if I actually don't win. It's much like buying a lottery ticket only with a higher chance of winning.
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October 27, 2021, 09:58:17 PM
 #106

A little research can help you to decide in that kind of situation. Thats the edge of sports betting compared to other gambling games, we can somehow predict who's going to win depending on the background and previous fights of a player (team) so we can get an idea.

If you like to take risk then go for the underdog, otherwise, go to the people's champ. For me, it depends on their background, underdog doesnt necessarily mean he's not capable of winning, its just that he is not the favorite.
The research for the match will help us determine which player or team has more chances to win. Going with the underdog or the opposite will depend on the result of the research itself but it is better not to place all of the amounts if you think you can use it for the next match. If you think that your chance at that time is big, you can use all of the money to throw to the team that you select.
Dont really have that kind of habit on going all in no matter how sure i am on said or particular game because we know that upset could really happen and if you are in doubt then testing out with small amounts isnt really that a bad idea but the urge or the emotion that we do have would tell the opposite thing thats why peoples betting habit does really vary because some are way too impulsive and some does have that good self control and wont be tending to bet on one go.So it does vary.

Using it for other bets may lessen your chance of losing it all. So I do agree, if you are not really sure, why not place other bets and distribute it? So if in case you lose on one, you still have the chance on another. Nowadays, with crypto bookies, you can easily place your bets on many games. So if you are patient enough, you can actually have many bets with that $10. Also, if that amount really matters to you, better bet it on games that you are very familiar with and you have the knowledge that athlete has the chance to win even if he is the underdog.
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October 27, 2021, 09:59:32 PM
 #107



If you are not worried about the amount you will bet on underdog, then, go for it. If you are lucky, you have good winnings but if not, that's fine, no big deal.
That is the reasoning behind betting on unknown player or team with a little amount. I already thought of it as a losing bet so I'm perfectly fine if I actually don't win. It's much like buying a lottery ticket only with a higher chance of winning.
Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

R


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October 27, 2021, 11:37:57 PM
 #108


Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

Thinking about betting on a game which you don't have enough knowledge i'll bet you would also go to bet where the crowd favourite is unless you knew about the players or fighter s capability. Betting on underdog is quite small compare to a favourite but as long as you know the game your betting approach will vary and you will have your own decision and not getting influenced by others opinion. So in terms of betting it is better to have an idea on what's your going to do.
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October 28, 2021, 12:37:23 AM
 #109


Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

Thinking about betting on a game which you don't have enough knowledge i'll bet you would also go to bet where the crowd favourite is unless you knew about the players or fighter s capability. Betting on underdog is quite small compare to a favourite but as long as you know the game your betting approach will vary and you will have your own decision and not getting influenced by others opinion. So in terms of betting it is better to have an idea on what's your going to do.

We should ask OP if he has the goal of making that $10 into something good profit. There's no need for any research or analyzation if he just wants to risk that $10 without the feeling he will regret it later. For me, that's a lazy thing to do. Why should I start at $10 in the first place? That's why no questions should be asked here and OP should just bet that $10 on that @3 odds without hesitation.

But if he plans to rally start at that capital, then go ahead and try to ride the Favorite low odds. It will take time and I salute OP for his patience lol.
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October 28, 2021, 12:45:42 AM
 #110

A little research can help you to decide in that kind of situation. Thats the edge of sports betting compared to other gambling games, we can somehow predict who's going to win depending on the background and previous fights of a player (team) so we can get an idea.

If you like to take risk then go for the underdog, otherwise, go to the people's champ. For me, it depends on their background, underdog doesnt necessarily mean he's not capable of winning, its just that he is not the favorite.
The research for the match will help us determine which player or team has more chances to win. Going with the underdog or the opposite will depend on the result of the research itself but it is better not to place all of the amounts if you think you can use it for the next match. If you think that your chance at that time is big, you can use all of the money to throw to the team that you select.
Dont really have that kind of habit on going all in no matter how sure i am on said or particular game because we know that upset could really happen and if you are in doubt then testing out with small amounts isnt really that a bad idea but the urge or the emotion that we do have would tell the opposite thing thats why peoples betting habit does really vary because some are way too impulsive and some does have that good self control and wont be tending to bet on one go.So it does vary.
Going all in will depend on how good our research is because if we have valid data after research, we will be sure to throw in the money to the player or team that has a big chance to win. It is normal to see some gamblers do that because their expectation of winning at that time will be bigger. But if we do not have to get valid data about the match, we do not have to force ourselves to still place the bet on that match because there are other matches we can place the bet. Maybe we need to adapt the situation on the Sportsbook and only place the bet in the match that we know who is the player or the team.



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October 28, 2021, 11:49:16 AM
 #111


Do have the same mindset or impression whenever I do make out some bets on underdogs with small amounts that ive been thinking about those multiplier which can really be considered to give out good return if you are lucky.

Betting on a game which you do actually have knowledge and a game that you do have at least a little idea does really have difference
and that's why your betting behavior would really vary on that.

If you pick the underdog earlier from NBA games, most of them won.

They're some gamblers who are brave enough to take this kind of pick, but no more can do handle that, especially if you
only have some money and you still want to extend your game.

But for those who know how to Yolo, they are okay taking that big risk and hope they'll win. Is all up to your
luck to win that last penny..
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October 28, 2021, 12:12:29 PM
 #112

A little research can help you to decide in that kind of situation. Thats the edge of sports betting compared to other gambling games, we can somehow predict who's going to win depending on the background and previous fights of a player (team) so we can get an idea.

If you like to take risk then go for the underdog, otherwise, go to the people's champ. For me, it depends on their background, underdog doesnt necessarily mean he's not capable of winning, its just that he is not the favorite.
The research for the match will help us determine which player or team has more chances to win. Going with the underdog or the opposite will depend on the result of the research itself but it is better not to place all of the amounts if you think you can use it for the next match. If you think that your chance at that time is big, you can use all of the money to throw to the team that you select.
Dont really have that kind of habit on going all in no matter how sure i am on said or particular game because we know that upset could really happen and if you are in doubt then testing out with small amounts isnt really that a bad idea but the urge or the emotion that we do have would tell the opposite thing thats why peoples betting habit does really vary because some are way too impulsive and some does have that good self control and wont be tending to bet on one go.So it does vary.
Going all in will depend on how good our research is because if we have valid data after research, we will be sure to throw in the money to the player or team that has a big chance to win. It is normal to see some gamblers do that because their expectation of winning at that time will be bigger. But if we do not have to get valid data about the match, we do not have to force ourselves to still place the bet on that match because there are other matches we can place the bet. Maybe we need to adapt the situation on the Sportsbook and only place the bet in the match that we know who is the player or the team.

But, if luck is on our side, I believe we can win. However, you are correct in that we should conduct research or, at the very least, follow the team or player on whom we are betting, because it is money, and we should bet on a certain winner. However, most people who bet on sports are either very knowledgeable about the sport or very familiar with the player or team on which they are betting, as it is extremely difficult to bet if you have no background or even if you do not know who you are betting on.
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October 28, 2021, 01:08:36 PM
 #113

Underdogs still have the chance to win, and not everyone is an analyst. You can bet on underdogs if you can analyze their stats, strengths, weaknesses, etc. If there're no stats available, just forget about it and pick more reputable matches. The odds, favorite vs underdog is meaningless, if you can't even make some educated guess.

That's true. If you can't analyse the odds by yourself it's more like a dice game, roulette, or any other purely luck-based game. And since, indeed, it's never 100% guaranteed that the underdog will lose, I'd bet on the underdog in this case. Just like I like betting with 1% win chance, or lower, in a dice game, and I prefer high volatility slots to low-medium volatility ones. The probability of your winning is so low that you are not expecting it, and that's why it feels so good to actually win.

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October 28, 2021, 02:59:11 PM
 #114

We should ask OP if he has the goal of making that $10 into something good profit. There's no need for any research or analyzation if he just wants to risk that $10 without the feeling he will regret it later. For me, that's a lazy thing to do. Why should I start at $10 in the first place? That's why no questions should be asked here and OP should just bet that $10 on that @3 odds without hesitation.

But if he plans to rally start at that capital, then go ahead and try to ride the Favorite low odds. It will take time and I salute OP for his patience lol.

If he wants to start rallying to some significant amount starting from 10 dollars, then first he must seriously reduce the size of the bet (for example, 10 times)  Cheesy Because even betting on a "reliable" odds of 1.3, on average, a player will lose 23 bets out of 100. This is a rather serious risk of ending the rally at the very first step.

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October 28, 2021, 03:46:50 PM
Last edit: October 31, 2021, 04:54:58 PM by Silberman
 #115

This is where betting makes interesting and thrilling because upsets could really happen but of course you would really be needing too analyze it carefully about probabilities.

No need for any analysis or research. It's not thrilling anymore if you bet your $10 on a low odds (1.3) because surely if we will analyze the match beforehand, it will be favored to the one that got the low odds.

Make it simple and Op should just bet on odds of 3.65. It's more exciting to wait for the result. Even it loses, it's not that painful to lose $10. And if won, a good prize in return.
That is the thing, I understand why the OP may want advice on how to better use those 10 dollars because that is something that I do myself and I do everything I can to improve my chances to select the right bet for the right odds, but at the same time there is nothing wrong with truly gambling once in a while, after all we are talking about just 10 dollars so if we lose them it is not a big deal while we will still obtain great fun out of it.



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October 28, 2021, 03:59:53 PM
 #116

A little research can help you to decide in that kind of situation. Thats the edge of sports betting compared to other gambling games, we can somehow predict who's going to win depending on the background and previous fights of a player (team) so we can get an idea.

If you like to take risk then go for the underdog, otherwise, go to the people's champ. For me, it depends on their background, underdog doesnt necessarily mean he's not capable of winning, its just that he is not the favorite.
The research for the match will help us determine which player or team has more chances to win. Going with the underdog or the opposite will depend on the result of the research itself but it is better not to place all of the amounts if you think you can use it for the next match. If you think that your chance at that time is big, you can use all of the money to throw to the team that you select.
Dont really have that kind of habit on going all in no matter how sure i am on said or particular game because we know that upset could really happen and if you are in doubt then testing out with small amounts isnt really that a bad idea but the urge or the emotion that we do have would tell the opposite thing thats why peoples betting habit does really vary because some are way too impulsive and some does have that good self control and wont be tending to bet on one go.So it does vary.
Going all in will depend on how good our research is because if we have valid data after research, we will be sure to throw in the money to the player or team that has a big chance to win. It is normal to see some gamblers do that because their expectation of winning at that time will be bigger. But if we do not have to get valid data about the match, we do not have to force ourselves to still place the bet on that match because there are other matches we can place the bet. Maybe we need to adapt the situation on the Sportsbook and only place the bet in the match that we know who is the player or the team.

But, if luck is on our side, I believe we can win. However, you are correct in that we should conduct research or, at the very least, follow the team or player on whom we are betting, because it is money, and we should bet on a certain winner. However, most people who bet on sports are either very knowledgeable about the sport or very familiar with the player or team on which they are betting, as it is extremely difficult to bet if you have no background or even if you do not know who you are betting on.
That is IF luck is on our side but we should remember that luck will not always be on our side. We need to realize that we need to research or follow the team or player, as you said. You are right in saying that most people who bet on sports will have knowledge about what they bet. But if we do not have any information or know what team we should pick, we do not have to force ourselves and risk the money. Many sports bet that we can pick and maybe our luck will come to the other sports so we can win on that sports.



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October 31, 2021, 05:06:20 PM
Last edit: November 03, 2021, 03:44:44 PM by Silberman
 #117

But you will never get any assurance when you bet, otherwise it's not a true bet anymore, it's a rigged one. People are betting against each other because there is always a part of uncertainty, if the outcome is certain no one will be ready to pay anything for that. When you bet you are just buying a risk, higher risk giving higher ROI.

Such bets exist - arbitrage, another thing is that they are quite rare and with a small percentage of profit. As for the greater profit from bets with high risk, this is an illusion - bookmakers set the odds in such a way that, if we consider a long distance, the percentage of loss of the deposit will be the same when placing a bet with any odds.
And even if in theory arbitrage bets should not have any risk associated with them we know this is not exactly true, the first risk is to be actually fast enough to bet on both markets and get the arbitrage bet, you need to use the exact amount of money on both markets and any mistake when you type the amount means that you will not make the arbitrage bet, and finally if a game is canceled or something happens during the event you made your bet you could still lose money as different casinos have different policies regarding some specific circumstances of the sport in which you placed your arbitrage bet.



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October 31, 2021, 05:20:44 PM
 #118

Yesterday was a day where a lot of underdogs even if didn't win at least with a double chance which still is a really high odd for them could get you big money.I will name a few big names that screw up big time yesterday which are Juventus in Serie A losing against Verona and Liverpool together with Manchester City screwing up in the Premier League.If you would have choose the underdogs for these games you would have made quite some money yesterday.So the overall conclusion is that sometimes we should try the underdogs for big wins.

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October 31, 2021, 05:32:04 PM
 #119

Such bets exist - arbitrage, another thing is that they are quite rare and with a small percentage of profit. As for the greater profit from bets with high risk, this is an illusion - bookmakers set the odds in such a way that, if we consider a long distance, the percentage of loss of the deposit will be the same when placing a bet with any odds.
And even if in theory arbitrage bets should not have any risk associated with them we know this is not exactly true, the first risk is to be actually fast enough to to bet on both markets and get the arbitrage bet, you need to use the exact amount of money on both markets and any mistake when you type the amount means that you will not make the arbitrage bet, and finally if a game is canceled or something happens during the event you made your bet you could still lose money as different casinos have different policies regarding some specific circumstances of the sport in which placed your arbitrage bet.

I would not exaggerate the risk of such bets. As far as I know, the first bet is mainly placed first on the free p2p markets. The second closing bet is placed closer to the start of the match (or even live) with a regular bookmaker. We can say that the conditions are quite comfortable, but in fact, if we got a bet with an advantage, then there is no point in turning it into a guaranteed bet (and paying an additional margin to the second bookmaker), it is enough just to wait for the result - it will be positive at a distance.

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October 31, 2021, 05:38:19 PM
 #120

Underdogs still have the chance to win, and not everyone is an analyst. You can bet on underdogs if you can analyze their stats, strengths, weaknesses, etc. If there're no stats available, just forget about it and pick more reputable matches. The odds, favorite vs underdog is meaningless, if you can't even make some educated guess.

Well, we are assuming that the person who is betting on the underdog have complete knowledge before he is placing the bet on underdog team.
Without knowing the teams strength,  the person won't know if the team he is betting is underdog or favorite. Sometime the big difference in the odds also tell this information but you need to be clever to find it out.

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