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Author Topic: Going for the Underdog or Not?  (Read 1088 times)
Gosgosking
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October 31, 2021, 05:57:01 PM
 #121

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.
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October 31, 2021, 06:41:29 PM
 #122

~
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.
Sometimes the bookies mess up with the odds especially in the fight game and the possibility of underdog winning the fight is a real possibility especially in MMA, in boxing majority of the fights are won by heavy favorites but in MMA it is completely different and if you take a chance then there is a possibility that you could win a decent amount.
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October 31, 2021, 08:11:05 PM
 #123

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.

Yeah exactly.

You have to look at the expected returns of every single option that is available to you, not just the raw probabilities.

I think that is something that people tend to confuse a lot of the time. Just because an option is more/less likely doesn't mean that it will deliver you better outcomes.

Smiley
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October 31, 2021, 08:22:45 PM
 #124

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.
We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.
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October 31, 2021, 08:32:28 PM
 #125

~
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.

I agree with you, but I must point one thing, it's important how big we bet! Is it some low amount just for fun, to support your favorite team/player even they are underdogs, or you bet with some higher amount on a single game/match and you believe that underdog can bring you a nice profit!

To not even comment on the first one, people can bet for fun on underdogs for all sorts of reasons. The second one is something more serious, and for that, someone should have complete knowledge about the game, about how that sport works, how odds work... and maybe more important that someone should be brave enough to place that bet!

Why am I saying all this... the other day I had a feeling that Juventus will lose against Verona! I had knowledge, I even researched that specific game, but in the end, I wasn't brave enough to place that bet! I played it with a low amount, but I could win more if I had more courage! So it's not everything in knowledge, researches, bankroll... sometimes it's all about are you brave enough to make a move!

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October 31, 2021, 08:42:10 PM
 #126

If the underdog really needs to win or they will come to fight with all their powers , then yes , you can bet on the underdog but if this 2 are not present ...I would stay away from them. Remember that anyone can trow games even if they don't realize it ...it's just pure basic things that happens to all of us so from time to time big teams or the favorites will lose and the underdog will come on top OR the favorite is getting a bad day and underdog are now at the same level with the favorites...then yes , another great option to go for underdog but how often is this happening ? Not so often.

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October 31, 2021, 08:45:01 PM
 #127

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.
We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.
Betting on underdog is more risky than you do tend to bet with the favorites because you do know that it is likely to win of course on whose the favorite most of the time which thats why there would be lots of factors on why you do consider out on betting with underdog.

Upsets could really happen thats why some people are really fan on making out bets with underdogs or less favorite but you should bare
in mind that it do only seldom happen or not most of the time.

You could eventually spot it out if there's some chance of comeback or some sort of that despite of the gap.

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October 31, 2021, 10:35:45 PM
 #128

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.
We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.
Betting on underdog is more risky than you do tend to bet with the favorites because you do know that it is likely to win of course on whose the favorite most of the time which thats why there would be lots of factors on why you do consider out on betting with underdog.

Upsets could really happen thats why some people are really fan on making out bets with underdogs or less favorite but you should bare
in mind that it do only seldom happen or not most of the time.

You could eventually spot it out if there's some chance of comeback or some sort of that despite of the gap.

A recent upset just happened in boxing between Caraballo and Sultan.
The odds before the fight for Sultan was about 5.x, so Caraballo was the heavy favorite because he has 0-loss record.
So sometimes, it is really worth betting on underdog especially if you know the caliber of the underdog.
But I do agree, most of the time, bookies are giving odds based on the likelihood of the results.
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November 01, 2021, 05:17:15 AM
 #129

If the underdog really needs to win or they will come to fight with all their powers , then yes , you can bet on the underdog but if this 2 are not present ...I would stay away from them. Remember that anyone can trow games even if they don't realize it ...it's just pure basic things that happens to all of us so from time to time big teams or the favorites will lose and the underdog will come on top OR the favorite is getting a bad day and underdog are now at the same level with the favorites...then yes , another great option to go for underdog but how often is this happening ? Not so often.

As a bettor we often check the skills and potential of a fighter or players before we were going to place a bet on favor of them. Betting in underdog is quite risky if you knew already that the player or fighter is less advantage than the other then expect that you would only going to lose your money. However, there are some underdogs too that was worth betting for provided that you see the full capacity of a fighter that he could stand out for a long fight in oppose to his opponents, but if ever he couldn't then why bothering betting on them.
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November 01, 2021, 06:08:07 AM
 #130

would you go for the champ which you can only earn $3, or go for the underdog which if he got lucky can triple your money?
One thing about gambling is that it is fun, you can go for any team that you like while using the amount of money you can lose and not think about because it is a very small amount of money compared to the amount you are collecting monthly. Using $10 for gambling is not bad at all, but there are some games I can go for either strong team A or weak team B. If team A has lost form, I can go for team B at times but only in few times that I believe team B might win, it has happened many times before. But normally I will prefer to go for team A if the team is stronger than team B rather than losing my money.
Even if the amount like $10 is low but you should not place bet if you are having any doubts regarding it like you don't know the both sides and their past performance as it can determine their current results and you bets should be made on these facts and figures as pointed out above but if say we just want to have blind fun then going for $10 is fine and results can shock you with win in that case also.

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November 01, 2021, 06:20:30 AM
 #131

As a bettor we often check the skills and potential of a fighter or players before we were going to place a bet on favor of them. Betting in underdog is quite risky if you knew already that the player or fighter is less advantage than the other then expect that you would only going to lose your money. However, there are some underdogs too that was worth betting for provided that you see the full capacity of a fighter that he could stand out for a long fight in oppose to his opponents, but if ever he couldn't then why bothering betting on them.
That's already a given on most underdogs as bookies are usually one step ahead when it comes to providing odds but we have our own view when it comes to estimating odds. Sometimes it also depends on their fighting style where certain fighters shine within the early phase of the match. Others bet on the underdogs just for the sake of value even if they know the underdog will likely lose or if the odds are way too one sided then there's no harm in throwing a small stake on it.

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November 01, 2021, 06:27:06 AM
 #132

If the underdog really needs to win or they will come to fight with all their powers , then yes , you can bet on the underdog but if this 2 are not present ...I would stay away from them. Remember that anyone can trow games even if they don't realize it ...it's just pure basic things that happens to all of us so from time to time big teams or the favorites will lose and the underdog will come on top OR the favorite is getting a bad day and underdog are now at the same level with the favorites...then yes , another great option to go for underdog but how often is this happening ? Not so often.

As a bettor we often check the skills and potential of a fighter or players before we were going to place a bet on favor of them. Betting in underdog is quite risky if you knew already that the player or fighter is less advantage than the other then expect that you would only going to lose your money. However, there are some underdogs too that was worth betting for provided that you see the full capacity of a fighter that he could stand out for a long fight in oppose to his opponents, but if ever he couldn't then why bothering betting on them.

Betting on the underdog is very risky, we must really analyze in depth the situation and condition of the underdog player. If the results of our
analysis show that the underdog player is in good condition and has a high fighting spirit, of course have a chance to win and there is no harm
in trying to bet on the underdog. Even so, the chance of winning the underdog is very small, so why bet on the underdog can generate a much
bigger profit. To be honest, only a few times have I tried betting on the underdog, because many times I have lost my money because I ventured
to bet on the underdog. I prefer to bet on my favorite players, because my winning percentage is higher. Maybe I'm just unlucky every time I bet
on the underdog.

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November 01, 2021, 06:46:09 AM
 #133

Depends in what sports it is and who is competing. For example, I would not bet on an underdog in basketball if team USA is playing against someone like Sweden or Finland; county where basketball is unpopular. But in a combat sport for example, I would consider betting on underdog, because one punch can change whole fight. However, I would not make a bet on underdog, if the difference between odds is too big. If someone has 1,0x odd, and other has 5+, then I would resist betting, as I dont believe in miracles.

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November 01, 2021, 06:53:59 AM
Last edit: November 01, 2021, 08:20:24 AM by mindrust
 #134

~
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.
Sometimes the bookies mess up with the odds especially in the fight game and the possibility of underdog winning the fight is a real possibility especially in MMA, in boxing majority of the fights are won by heavy favorites but in MMA it is completely different and if you take a chance then there is a possibility that you could win a decent amount.

When they mess up though, they usually cancel the bets on that game. I have seen it before. Every once is a while you get lucky and get away with it but if the bookie was losing big amounts because of that game, they can always cancel the bets and say that it is their right to do so. They are not in the money losing business in the end. The players are.

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November 01, 2021, 07:00:08 AM
 #135

When they mess up though, they usually cancel the bets on that game. I have seen it before. Every once is a while you get lucky and get away with it but if the bookie was losing big amounts because of that bag, they can always cancel the bets and say that it is their right to do so. They are not in the money losing business in the end. The players are.

Yes, I also saw this sometimes, but usually it happens even before the start of the fight, since the bookmakers see a big imbalance in the bets and do not want to take risks (suspecting a contractual fight or something like that). But these are the rarest events compared to the total number of fights. We can assume that bookmakers rarely make mistakes. Or they understand that the frequent cancellation of accepted bets will scare betters away.

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November 01, 2021, 07:37:18 AM
 #136

If the underdog really needs to win or they will come to fight with all their powers , then yes , you can bet on the underdog but if this 2 are not present ...I would stay away from them. Remember that anyone can trow games even if they don't realize it ...it's just pure basic things that happens to all of us so from time to time big teams or the favorites will lose and the underdog will come on top OR the favorite is getting a bad day and underdog are now at the same level with the favorites...then yes , another great option to go for underdog but how often is this happening ? Not so often.
But wishing to win and winning itself are completely two different things though? If it were a tournament bracket kind of thing, underdogs could easily be spotted and honestly, just from those data that could be obtained while they are climbing the ladder and that should be enough to create a preliminary judgement on whether the team could make an upset or not. Bettors rely on data, analysis, and a bit of bias judgement, not on the will of one team "wanting" to win.

R


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November 01, 2021, 08:31:58 AM
 #137

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.
We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.
Thinking realistic will be necessary, especially if we do not see a big chance to win for the team that we usually pick as the bet. All in all, it will depend on how good we have the information on every match and we should know that each team or player can give a surprise in the middle of the match so we need to learn more about what we should pick. We should consider many things before we place the bet because we can not always win in every match we place.

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November 01, 2021, 01:05:12 PM
 #138

However, I would not make a bet on underdog, if the difference between odds is too big. If someone has 1,0x odd, and other has 5+, then I would resist betting, as I dont believe in miracles.
That is how betting odds should be between strong team or person and an underdog that is competing against the strong, it may differ from game to game as I do not know much about odds of many others matches, but in football, the underdog will even have a very big odd like 7x or more when the strong club will have very low odd like 1.2 or lower.

There are times I still go for underdog not thinking of the fake odds, example of this case was when Leicester won EPL, you can see the big odds that was always given to Leicester and we know how very possible Leicester will win the match and won the match when playing with strong clubs like Man City. Leicester matches were always productive for me when I took the club to win that season.

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November 01, 2021, 02:34:18 PM
 #139

When placing a bet you go for option that you are sure can get more earning at the end of the game by doing this has to weigh the previous performance of the both options. You don't just bet base on like if you may loose it all.
We should be more objective and bet based on numbers if we really want to make money because betting on the player that you like even if he’s the underdog is too risky and you might miss the chance to make profit. I always hesitate to bet on underdog, I know its too risky so I’m avoiding to place a bet with them even if I like the team players.
Thinking realistic will be necessary, especially if we do not see a big chance to win for the team that we usually pick as the bet. All in all, it will depend on how good we have the information on every match and we should know that each team or player can give a surprise in the middle of the match so we need to learn more about what we should pick. We should consider many things before we place the bet because we can not always win in every match we place.

I do think that it all boils down to the person's capital and the amount that he is willing to bet. Personally, I bet on the 'underdog' on games or sports that I know nothing about. If I know something about a particular game and their teams (e.g. Dota 2 teams, etc.), I would be more inclined to bet against the underdog and bet on the more popular team since I have personal knowledge of their statistics, data, etc.

Betting on the underdog can be really fun especially if they get to win. For example, in the latest Dota 2 International, the team that won was considered as an 'underdog' though I betted against them and lost like 30$.

R


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November 01, 2021, 07:10:24 PM
 #140

it will depend on how good we have the information on every match and we should know that each team or player can give a surprise in the middle of the match so we need to learn more about what we should pick. We should consider many things before we place the bet because we can not always win in every match we place.
But to bet on underdog, you must need a time machine Grin.

Very rarely highly talented or most successful team or players face defeat against low ranked team or player. You cannot predict such a result for sure. I am taking about the sport like cricket, tennis, soccer and most other sports.

I know those surprising results are tend to get the bettors big profits but personally I will not risk like that.

In deep thoughts, where such betting will be possible?
I guess if you go by your patriotism then you may bet on underdog even you are aware of losing your bet. And if any surprise happens then you can easily crack 10x profits.

Other than personally knowing a player or patriotism, I could not figure out any other reason to bet on underdogs.

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