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Author Topic: Betting strategy question  (Read 6040 times)
Newlifebtc
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February 20, 2023, 09:46:12 PM
 #261

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.

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February 20, 2023, 09:55:27 PM
 #262

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.
At times calculated betting helps in keeping ourselves on the safer side. This can be done based on the odds, if not the best choice is to go for live betting and make alternate choice of betting if the prediction have gone wrong. This is how I prefer to select odds, because even with much precise data analysis and choosing odds we end up losing because of bad luck. So, in all means if luck favours us everything brings win.

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February 20, 2023, 10:25:23 PM
 #263

Very interesting veritasium vid. It sheds light on how our brains are built with pessimism.

I wouldn't call that a pessimism, but rather an evolutionary trait that tells us to stay away from things we don't understand if they can cause us some kind of harm.
If any of the people in that video had a good grasp of odds and EV, they would take the opportunity in a blink of an eye. And they (or most of them) did eventually, when it was explained to them in detail.

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February 20, 2023, 10:47:53 PM
 #264

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.
At times calculated betting helps in keeping ourselves on the safer side. This can be done based on the odds, if not the best choice is to go for live betting and make alternate choice of betting if the prediction have gone wrong. This is how I prefer to select odds, because even with much precise data analysis and choosing odds we end up losing because of bad luck. So, in all means if luck favours us everything brings win.

So in the end, it is the luck that gives us the winnings. I agree, even with all our knowledge and hard work of research for data just to get the most possible way to win, if luck doesn't favor us all those efforts will be in vain.  I believe nothing beats self-discipline and no strategy can outdo it in minimizing our losses.



Martingale originated in dice games first but later on people use it on any other games so why not in sports betting right?

Was it really originated in dice?  I read it was a simple strategy created for coin flipping [1].

Quote
A martingale is a class of betting strategies that originated from and were popular in 18th-century France. The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses if it comes up tails. The strategy had the gambler double the bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. Thus the strategy is an instantiation of the St. Petersburg paradox.



[1] https://en.wikipedia.org/wiki/Martingale_(betting_system)#:~:text=A%20martingale%20is%20a%20class,if%20it%20comes%20up%20tails.

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February 21, 2023, 03:47:25 PM
 #265

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.

General betting has no specific strategy, it is we the individual gamblers that sit to discover some easy and recommendable strategies that can help us in gambling by increasing our chances of winning, we must know that having a particular strategy is not the guarantee fo winning a bet when we gamble, we also don't have to engage other people's method, instead we can also develop ours and work on them while gambling.

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February 21, 2023, 05:33:07 PM
 #266

It's very funny as well seing some people on this category of being persistent on gambling be it on sport betting, crypto casinos or even lotto, when a gambler is very desperate to make a win after several attempts to break record but never did, they insisted on perpetual trials on each categories and keep doing this over time, well it turns addiction to some while others couldn't but hold on to several attempts without having any results.
Well, it's because they want to win some money from gambling that makes them continue to gamble in many gambling games. And that will always happen because gambling can tempt them to continue playing and win money.

That's what makes many gamblers addicted because the temptation of the gambling game seems to be calling them to keep playing. But if people can limit themselves not to play gambling for too long or often, they will not be tempted and can leave gambling.

Setting limitations might help to avoid losing a lot, though temptations is really tough to beat when you already find yourself engaged with gambling, the lust to keep on trying to recreate strategy that might work and let you make some decent winnings. But, the chance is the same as casino always has the advantages, especially those who play around in the long process.

Betting strategy and all those ideas are mostly common with gamblers who really wanted to win and extend their stay.

Either casino or sports gambling, there are a strategy that gamblers believe that may work for them and will bring the win that they desired to earn.
For me, setting limits on gambling is a must because I don't want to lose much money. I've been in that position before and don't want to go through it again. It's better always to try to be on the path we've made than to risk losing what we don't know how big the loss will be later. Maybe for some people, it is worth taking the risk of losing it in gambling, but still, they have to remember that we can not guarantee that our chances of winning will be there.

And even though we have many strategies we can use in every match, that also doesn't guarantee we can win. So it's better for us to play moderately than to take big risks.

It's very funny as well seing some people on this category of being persistent on gambling be it on sport betting, crypto casinos or even lotto, when a gambler is very desperate to make a win after several attempts to break record but never did, they insisted on perpetual trials on each categories and keep doing this over time, well it turns addiction to some while others couldn't but hold on to several attempts without having any results.
Well, it's because they want to win some money from gambling that makes them continue to gamble in many gambling games. And that will always happen because gambling can tempt them to continue playing and win money.

That's what makes many gamblers addicted because the temptation of the gambling game seems to be calling them to keep playing. But if people can limit themselves not to play gambling for too long or often, they will not be tempted and can leave gambling.
The urge to make money is clearly the reason why gamblers regardless of how many times they lose, are still trying their luck to make money and eventually want to double them. Although gambling is never bad, but the only time it gets too bad is when you reach to the point gambling all your money until your pocket becomes empty and then eventually take a loan just to fuel your gambling addiction. If you see it happening now, better leave gambling as early as now before it gets to ruin the life you have now.
Yes, and the urge will come with the time we spend on gambling. Those who feel this urge will continue to be drawn deeper and deeper and can't leave it until they get a win. But unfortunately, victory will not come as often as we would like and we should have realized this from the beginning when we gambled. And it would not be feasible to bet all of our money until our money runs out because we will not get pleasure from playing gambling and that is not our main goal for playing gambling. And if they decide to take a loan on gambling and try other gambling strategies, that also doesn't guarantee they can win but will get them in trouble. If they lose, they still have to repay the loan until it is paid off. And it can make us completely bankrupt and lose everything we have.

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February 21, 2023, 09:58:34 PM
 #267

It's very funny as well seing some people on this category of being persistent on gambling be it on sport betting, crypto casinos or even lotto, when a gambler is very desperate to make a win after several attempts to break record but never did, they insisted on perpetual trials on each categories and keep doing this over time, well it turns addiction to some while others couldn't but hold on to several attempts without having any results.
Well, it's because they want to win some money from gambling that makes them continue to gamble in many gambling games. And that will always happen because gambling can tempt them to continue playing and win money.

That's what makes many gamblers addicted because the temptation of the gambling game seems to be calling them to keep playing. But if people can limit themselves not to play gambling for too long or often, they will not be tempted and can leave gambling.
Well, its a certain fact for us that people do not just gamble to recover their losses, but eventually to gain huge amount of money out from playing games that require their luck and skills. The reason why these gamblers gamble more of their hard-earned money hoping that they will win the jackpot prize that will be a life changing for them. And the more they gamble, the bigger chances they will only fall to gambling addiction because of their high greed for money.
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February 22, 2023, 02:30:57 AM
 #268

It's very funny as well seing some people on this category of being persistent on gambling be it on sport betting, crypto casinos or even lotto, when a gambler is very desperate to make a win after several attempts to break record but never did, they insisted on perpetual trials on each categories and keep doing this over time, well it turns addiction to some while others couldn't but hold on to several attempts without having any results.
Well, it's because they want to win some money from gambling that makes them continue to gamble in many gambling games. And that will always happen because gambling can tempt them to continue playing and win money.

That's what makes many gamblers addicted because the temptation of the gambling game seems to be calling them to keep playing. But if people can limit themselves not to play gambling for too long or often, they will not be tempted and can leave gambling.
Well, its a certain fact for us that people do not just gamble to recover their losses, but eventually to gain huge amount of money out from playing games that require their luck and skills. The reason why these gamblers gamble more of their hard-earned money hoping that they will win the jackpot prize that will be a life changing for them. And the more they gamble, the bigger chances they will only fall to gambling addiction because of their high greed for money.
If they want to get large amounts of money from playing gambling, they must be prepared to be disappointed because they can experience losing a lot of money. Instead of getting money, they will only regret their decision to play gambling because the temptation of gambling makes them continue to play without stopping for a moment. We have seen many examples of this happening so far and it was caused by the greed that came them, especially for those who had won.

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February 22, 2023, 06:51:07 AM
 #269

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.

General betting has no specific strategy, it is we the individual gamblers that sit to discover some easy and recommendable strategies that can help us in gambling by increasing our chances of winning, we must know that having a particular strategy is not the guarantee fo winning a bet when we gamble, we also don't have to engage other people's method, instead we can also develop ours and work on them while gambling.
I do this sometimes. Try to look for other sports and also try if I can win just relying on the favorites.
Table Tennis for example, there's a non stop ongoing game in Russia and other countries of table tennis and their games doesn't last for an hour, I think you will just have to wait 15 minutes and the results will be posted.
There are also times when I make a long parlay of the favorites in a day and I have won them like a couple of times already.
Tennis is also a good sport for just betting favorites. Here I have won many times, most of the time it will go the way bookies predicted it.
The good thing is, it's not difficult to learn those sports.

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February 22, 2023, 10:13:03 AM
 #270

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.
So, in all means if luck favours us everything brings win.
A gambler must rely on luck. But if a gambler does good research before placing a bet then the reliance on luck is reduced a bit. In the case of betting odds and spot betting, the chances of winning the match is relatively increased if the decision is made after researching the player's ability, past history, etc. But there is no way to ignore luck in gambling. If luck favors someone can win from any unexpected bet. Moreover, this type of winning history is present in almost all gamblers life.

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February 22, 2023, 10:48:08 AM
 #271

It's very funny as well seing some people on this category of being persistent on gambling be it on sport betting, crypto casinos or even lotto, when a gambler is very desperate to make a win after several attempts to break record but never did, they insisted on perpetual trials on each categories and keep doing this over time, well it turns addiction to some while others couldn't but hold on to several attempts without having any results.
Well, it's because they want to win some money from gambling that makes them continue to gamble in many gambling games. And that will always happen because gambling can tempt them to continue playing and win money.

That's what makes many gamblers addicted because the temptation of the gambling game seems to be calling them to keep playing. But if people can limit themselves not to play gambling for too long or often, they will not be tempted and can leave gambling.
Well, its a certain fact for us that people do not just gamble to recover their losses, but eventually to gain huge amount of money out from playing games that require their luck and skills. The reason why these gamblers gamble more of their hard-earned money hoping that they will win the jackpot prize that will be a life changing for them. And the more they gamble, the bigger chances they will only fall to gambling addiction because of their high greed for money.
If they want to get large amounts of money from playing gambling, they must be prepared to be disappointed because they can experience losing a lot of money. Instead of getting money, they will only regret their decision to play gambling because the temptation of gambling makes them continue to play without stopping for a moment. We have seen many examples of this happening so far and it was caused by the greed that came them, especially for those who had won.
Hunting big amount meaning you are risking that same amount also , and the games created specifically for the owner to win and just the piece of cake that is for the players.
in this case? we are totally engaging in something that we cannot assure so with those chances ? we understand that winning is the least to happen and losing is what we always get.

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February 22, 2023, 10:53:25 AM
 #272

Hunting big amount meaning you are risking that same amount also , and the games created specifically for the owner to win and just the piece of cake that is for the players.
It's not really that straightforward. While the owners may have the edge and ultimately win in the long run, not all gamblers are losers. In other words, while the majority of gamblers lose money, there are some exceptional gamblers who make money in gambling, especially in games with less or no house edge, such as sports betting and card games.

in this case? we are totally engaging in something that we cannot assure so with those chances ? we understand that winning is the least to happen and losing is what we always get.
No one is assured of their chances, which is why the word 'risk' exists.

R


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February 22, 2023, 11:19:53 AM
 #273

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.

General betting has no specific strategy, it is we the individual gamblers that sit to discover some easy and recommendable strategies that can help us in gambling by increasing our chances of winning, we must know that having a particular strategy is not the guarantee fo winning a bet when we gamble, we also don't have to engage other people's method, instead we can also develop ours and work on them while gambling.
I do this sometimes. Try to look for other sports and also try if I can win just relying on the favorites.
Table Tennis for example, there's a non stop ongoing game in Russia and other countries of table tennis and their games doesn't last for an hour, I think you will just have to wait 15 minutes and the results will be posted.
There are also times when I make a long parlay of the favorites in a day and I have won them like a couple of times already.
Tennis is also a good sport for just betting favorites. Here I have won many times, most of the time it will go the way bookies predicted it.
The good thing is, it's not difficult to learn those sports.

As long as you know your limits and you are good in taking any risk, exploring for additional options when you are playing either sports gambling or even in a casino base types of games, finding value bets most of the time is what gamblers are aiming when some good runs happened they will try to keep pushing and if luck continue, then the earnings is really decent.

On the other side, if luck is not with you, then learning how to let go and forgetting about chasing your losses will save your butts
in losing more.

It's always on how the gambler wanted to play games and how they can work with limitations and good money and emotional controls.

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February 22, 2023, 01:50:27 PM
 #274

It's very funny as well seing some people on this category of being persistent on gambling be it on sport betting, crypto casinos or even lotto, when a gambler is very desperate to make a win after several attempts to break record but never did, they insisted on perpetual trials on each categories and keep doing this over time, well it turns addiction to some while others couldn't but hold on to several attempts without having any results.
Well, it's because they want to win some money from gambling that makes them continue to gamble in many gambling games. And that will always happen because gambling can tempt them to continue playing and win money.

That's what makes many gamblers addicted because the temptation of the gambling game seems to be calling them to keep playing. But if people can limit themselves not to play gambling for too long or often, they will not be tempted and can leave gambling.
Well, its a certain fact for us that people do not just gamble to recover their losses, but eventually to gain huge amount of money out from playing games that require their luck and skills. The reason why these gamblers gamble more of their hard-earned money hoping that they will win the jackpot prize that will be a life changing for them. And the more they gamble, the bigger chances they will only fall to gambling addiction because of their high greed for money.

The salient truth in addition here isbthat we can't predict by ourselves when we will win whenever we gambles, that's why it's also involves making fun when we gambles, it's not something we force ourselves to do all in the name of we wabt o retaliate back for a winning, gambling is all about fun, we make little earnings from it each time the luck works on our side, is the harder we force winning to come the weaker the opportunity for it.

R


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February 22, 2023, 03:06:01 PM
 #275

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.

I disagree with you, just because the casino has an edge over the player doesn't mean that there isn't a strategy. Even a losing strategy is a strategy. Everybody that plays at a casino should know that that the chances of the house to win at higher than the chance of the player to win and make a profit. This is of course only true on average, there will always be winners and lowers at a casino. If everybody would only be losing than nobody would be playing. With this in mind there is no strategy that is going to make a guaranteed profit for the player. Or said differently if we would play any gambling strategy infinite times we would go bankrupt. But life is not infinite, that's why there will be lucky gamblers who are winning big and on the other side unlucky gamblers who will lose big.
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February 22, 2023, 03:10:29 PM
 #276

there are some exceptional gamblers who make money in gambling, especially in games with less or no house edge, such as sports betting and card games.
Sports betting might not have an house edge but I think they only earn a some commissions but for the card games, what I know is that they do have an house edge and blackjack must be the smallest of them all.

Hunting big amount meaning you are risking that same amount also , and the games created specifically for the owner to win and just the piece of cake that is for the players.
Yes, it is true. The games are designed for the house to win but like @maslate said, there are still a few who can win. Hunting big amount doesn't always mean that you will need to deposit the same amount or more than that. I already experience to win at 1kx multiplier with only a tiny bankroll. There are some users that I see who can hunt higher multipliers than mine within a few rolls only but this is extremely rare because if not then no casino will survive this way and it's going to be an easy money for the gamblers.
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February 22, 2023, 08:19:47 PM
 #277

...
I highly agree if you are the player, but if you are the one who owns the house, in most cases, would be the good source of main income.

Hmm, that kind of brings up a question: If the mathematical edge is on your side  (i.e. you own the casino), is it still gambling? In a way, your profit is still dependent on the luck factor even know you're likely to be in green in the long run.

But yeah, if you have a full-blown, established casino with a lot of drunk players - you'll be doing great. But things are not always that rosy i.e. for the ones invested in the sites' bankrolls (like some bitcoin dice sites still offer), with a small HE it can take a very long time to make a profit.

It is a great analysis, in physical casinos they always take advantage of some details, such as distracting people, be it with music, with food, with alcoholic beverages, that is why so many people go because all the time it seems like a party and the players feel like the hosts, it is a great technique because that way the casino achieves the objective, which is that the player simply bets to bet and lose his money, in online casinos things are not like that, if there is music, but also There are other things to consider, that the player has more concentration but it is much easier for him to lose because human beings by nature simply get carried away by emotions.

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February 22, 2023, 08:47:34 PM
 #278

Hunting big amount meaning you are risking that same amount also , and the games created specifically for the owner to win and just the piece of cake that is for the players.
Yes, it is true. The games are designed for the house to win but like @maslate said, there are still a few who can win. Hunting big amount doesn't always mean that you will need to deposit the same amount or more than that. I already experience to win at 1kx multiplier with only a tiny bankroll. There are some users that I see who can hunt higher multipliers than mine within a few rolls only but this is extremely rare because if not then no casino will survive this way and it's going to be an easy money for the gamblers.

Casino just have to let the gamblers win large sums because the glowing face of another lucky one snapped up a big score is the best advertisement for the casino. Casino algorithms, if they work correctly, will not allow you to win more money than gamblers lost before, so I personally do not try to hope for big winnings and enjoy even small winnings.

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February 23, 2023, 02:19:58 AM
 #279

It's fair enough afterall what's betting without risk and this isn't a bad offer afterall. I'll take it, but I think I'll bet just 5% of my value and in 10 payrolls I should have gotten a good return to carry me through the next round.
5% is too little to risk since you wanted to pursue your gambling career, maybe better at least 10%? that is fair and  valuable enough to charge and boost your momentum .
10 payrolls? then that ia a long way to happen lol.

I will do what I think is necessary to gamble and that is risk management of course.









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February 23, 2023, 03:18:32 AM
 #280

When we say betting strategy the first thing that have to be in our mind should be is there any strategy for betting, I said this because betting as it implies does not have any strategy because the more you think you have study either the odd or how to win, the more you loss note betting is referred to as unforseen circumstance and does not have strategy because the outcome can not be determined.
So, in all means if luck favours us everything brings win.
A gambler must rely on luck. But if a gambler does good research before placing a bet then the reliance on luck is reduced a bit. In the case of betting odds and spot betting, the chances of winning the match is relatively increased if the decision is made after researching the player's ability, past history, etc. But there is no way to ignore luck in gambling. If luck favors someone can win from any unexpected bet. Moreover, this type of winning history is present in almost all gamblers life.

Basically yeah, you need to make a research and hear important news around the league where you're betting at for you to make a comfortable choice of odds when placing a bet to a certain match. Sportsbetting is  50% analysis/research and 50% luck. Even if you've made a good research and knowledgeable enough to know the probability of winning the odd, but when a player/team is playing poorly, then that research will be disregarded because you're simply unlucky at that point of time.

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