betting against the Public, is this strategy working?

[Maslate]

I heard this strategy working but I like to know based on your experience if this is working.

For those who don't know about this strategy, you can read here to educate yourself.
https://www.wsn.com/betting-guide/betting-against-public/

Also, this website is providing details about public bets, I'm not sure how accurate it is, but we can use this as a reference since I haven't found another one. You can also comment if you some reliable sites.

https://www.actionnetwork.com/nba/public-betting

[Oshosondy]

I have seen some live score prediction sites that indicates the people that go for win, draw or lose, but this has been what I do not always consider, even I noticed most times that people take the teams I want to go for, but just that I can select only one team because not all are certain. But this is how I do it, if I want to take a team, I will make analysis myself to know if the team are worth going for.

[Botnake]

They said most of us lose in sports betting, and since most of us would usually pick the public play, then I guess that strategy is working. The question now is how to determine the public play, and you also need to have a high discipline because not all public play will lose, it's just most of the public play will fail, so slowly but surely, you might be profitable.

I checked the website, not sure how they got that percentage of public bets since you need to subscribe if you will click that "lock" sign.

[Yogee]

I heard this strategy working but I like to know based on your experience if this is working.

It probably does since the reward is higher in case you win. You'll probably succeed betting on the huge underdog in 1 out of 10 bets - my rough estimate only. How you'll pace your bets to maximize your potential profit is the question here.

I personally don't follow a fix strategy like betting against the public. I often just bet on teams that I think will win or if they can cover the spread and handicap.

[cabron]

There are times that I'm also rooting for the MMA underdog especially because I'm a fan of the underdog and saw him did win against a badass fighter.
But most of the time, the bookmakers are right about the odds. There are times when the underdog wins, an upset so they say, and sure the ones who put thier money into the underdog get the enormous winning. 

[Findingnemo]

If the strategy works the bettor will make huge returns compared to the bet amount but there is no reason for this strategy to work every time. You should make bets on who is the favorites to win the game based on the players strenth, current performance and lot of other factors depends on every game so don't simply go with against of odds which means high rewards with slim chance of making it.

[AverageGlabella]

Betting websites rely on you taking the better odds because most of the time those with the best odds lose that is the whole reason for them having favorites and different odds. They take the history of the team or fighter and use that to determine who will win the match/fight and price the odds according to that. If you bet on the underdog every time you will probably lose money in the long run. If you bet on the favorite every time you probably will not earn that much when they win and when they lose you will lose what you just earned. You cannot blindly bet on odds you need to know the fighters or teams yourself and make a educated guess on what you think will happen instead of following some weak "bet against public" style bets.

[Pierre 2]

I think its point is to strike better odds to multiply money, its not exactly "winner" strategy. Although I think it can work. Sometimes football teams' performance are exeggerated in media after 3-0, 4-0 win against weak team. Yet no one looks their next opponent. I sometimes come up "counter-attacker" football teams that are underdog and can beat strong teams with wise strategy. So you should be cautious and detect good matches to bet and make a lot of money.

[rhomelmabini]

I heard this strategy working but I like to know based on your experience if this is working.

Betting against the favorite or against the crowd is likely a luck base scenario but for me I rarely win in this kind of bets. I think the author covers a lot of information in this article and it's worth a read on how betting against the public will work but I think proper risk management could be a back up in here and not go all in most of the time.

[Slow death]

Also, this website is providing details about public bets

one thing is for sure, all people should not depend on other people to analyze a game for them, this thing of depending on other people is something very bad, the person can even find someone who can predict the results of the games for him, but what if one day that person dies or gives up betting or runs away with people's money then all the people who depended on him to place bets will no longer be able to bet, that's why I always recommend that each person learn to do analysis on their own, at least right or wrong the person knows that it depends on him/herself

There are times that I'm also rooting for the MMA underdog especially because I'm a fan of the underdog and saw him did win against a badass fighter.
But most of the time, the bookmakers are right about the odds. There are times when the underdog wins, an upset so they say, and sure the ones who put thier money into the underdog get the enormous winning.

betting on the underdog is definitely not a good strategy in the long run, you and anyone else can test this for months and you will see that at the end of the day your bankroll went bankrupt, it is very difficult to profit from gambling , in the same way that it is very difficult create an effective strategy in this gambling market

[mu_enrico]

Yes, it works if you have more information than the public for example if you work as a scout, journalist, or coaching staff. Betting against the public isn't the same as underdog betting tho, since you can have more information and analysis but still bet on the favorite. Probably you'll be more confident about taking handicaps or other strange bets like corners, etc. Probably a fine example of betting against the public is on AJ vs USYK I, IIRC public favored AJ more since he's popular, however, many boxing pros know that he's only a bodybuilder lol.

[BobK71]

Gamblers constantly try to follow new ‍stretegy for batting to win. Not all the strategies will work. Many strategies work once or twice, but later it does not work. However, no matter how good the strategy, it will not work too long. The strategy that the OP has talked about can be effective. But not for all the time. In applying this technique, it is necessary to keep the risk of taking a threat. You have to think adversely when the team is in good condition. On the other hand, it is very difficult to support the opposite team in a match that is adversely but you have to obey. Strategy and luck both are needed to win in any betting.

[cabron]

Also, this website is providing details about public bets

one thing is for sure, all people should not depend on other people to analyze a game for them, this thing of depending on other people is something very bad, the person can even find someone who can predict the results of the games for him, but what if one day that person dies or gives up betting or runs away with people's money then all the people who depended on him to place bets will no longer be able to bet, that's why I always recommend that each person learn to do analysis on their own, at least right or wrong the person knows that it depends on him/herself

There are times that I'm also rooting for the MMA underdog especially because I'm a fan of the underdog and saw him did win against a badass fighter.
But most of the time, the bookmakers are right about the odds. There are times when the underdog wins, an upset so they say, and sure the ones who put thier money into the underdog get the enormous winning.

betting on the underdog is definitely not a good strategy in the long run, you and anyone else can test this for months and you will see that at the end of the day your bankroll went bankrupt, it is very difficult to profit from gambling , in the same way that it is very difficult create an effective strategy in this gambling market

It is actually tempting to bet for the underdog when you see the odds by bookies when they see the fight is just a tuneup fight where the odds are too much for the crowd's favorite which betting for the underdog to win makes you wanna bet a small amount like $10 and you could get $120. How cool is that, just think about that you throw away $10 in a dice game and lost it.

But like I said, I will have to convince myself if the underdog can strick a lucky punch or a head kick.

[uneng]

It's not the public who create the odds of a match. Most people just go for the favorite, which is defined by the sportsbook, thinking he is the probable winner.

I can't see difference from "betting against the public strategy" to "betting on the underdog strategy". The public (majority) will be always against the underdog, and it's the duty of a professional gambler who is educated on the sport in question to decide when it's a good moment to play with the public (going for the favorite) or against the public (going for the underdog).

[flipme]

I don't think this is the right choice. Of course, there are surprises in every sporting event, but I don't think it makes much sense to turn this into a strategy. In my opinion, such a strategy will appear to be unsuccessful when the percentage is calculated. For me, knowing the surprise match results correctly is almost equivalent to knowing the lottery draw results and winning the jackpot. This is why I would never use such a tactic. I always prefer to make bets that seem more guaranteed. Tring to predict surprise results cannot be my top priority.

[Dr.Bitcoin_Strange]

IMO, It is not as easy as said to identify the spots that influence most bettors' opinions by other factors; if it were as easy as that, then it would be a great opportunity to bet against the public.

According to your source link, the factors that are said to influence public opinion, are star players, home advantage, team reputation, and the media narrative can help determine the influence of the public and, therefore, how to bet against it. 

This is just the first time I've heard about the strategy, and I will study more about it and try it out as well to compare the results with those of the public.

[rahmad2nd]

I heard this strategy working but I like to know based on your experience if this is working.

For those who don't know about this strategy, you can read here to educate yourself.
https://www.wsn.com/betting-guide/betting-against-public/

For this matter, I understand very well related to the contents written in the article. and I'm sure, if sportsbook gamblers want to understand it, especially for beginners. there are many points that can be learned from the articles you share, I say again especially for beginners.

For me personally, I have understood the concepts written in the article. however, the method of application must involve high insight, experience and knowledge, moreover, must be good at reading situations, especially in terms of analysis and all sources of information that are up to date.

Also, this website is providing details about public bets, I'm not sure how accurate it is, but we can use this as a reference since I haven't found another one. You can also comment if you some reliable sites.

https://www.actionnetwork.com/nba/public-betting

I think there are many references that we can use, but only as a benchmark in terms of our assessment, especially after conducting an analysis. remember, there is no guarantee at all that what is presented on the site that you share guarantees its accuracy. The reason is, in sports there are no exact calculations like mathematics. every result, is always determined when the match has been running or over.
by the way, the link you shared can also be a reference for gamblers.

[Fortify]

I heard this strategy working but I like to know based on your experience if this is working.

For those who don't know about this strategy, you can read here to educate yourself.

Also, this website is providing details about public bets, I'm not sure how accurate it is, but we can use this as a reference since I haven't found another one. You can also comment if you some reliable sites.

Most crowd sourced betting starts at the odds that bookmakers are marking up and could potentially allow for narrow extra profits because it takes out the "buffer" that sportbooks add in to guarantee longer term profit. I'd also argue with one of the first ideas that comes up in the second section, every bet does not always have one of two outcomes. It can have three or more, if you look at soccer (or many other sports) one of the most common bets offered is Win / Lose / Draw. You'd be surprised but crowd sourced wisdom is probably more reliable over the long run, although it can definitely make small mistakes along the way - which are more to do with the occasional upsets where the underdog wins that every sport can have.

[Mauser]

I heard this strategy working but I like to know based on your experience if this is working.

For those who don't know about this strategy, you can read here to educate yourself.
https://www.wsn.com/betting-guide/betting-against-public/

Sounds like a very interesting strategy. I would agree with the article that a lot of people bet on what they would like yo happen, and not what is the most likely scenario to happen. When it come to sports there is a lot of emotions and rivalry involved. Some fans would never consider betting on any other then than their home team, which means that the odds for the big teams with a huge fan base should be skewed. Trying to exploit this inefficiency and betting on the underdog should be a good strategy. The only problem I see is that there are a lot of different bookmakers out there which all place their own bets. So it might take some time to collect all the data across all betting platforms to see which are the most popular and where is the majority getting the odds wrong. Would be nice to run the strategies for a few different leagues and compare where it is the most profitable.

[coolcoinz]

I've known this strategy for years but I knew it as putting money on the underdog. I often did it in football when there was a bunch of matches in a single week. Say we all had $100 to bet and my friends would usually split it in 2 and bet 50 on each of the 2 teams they liked the best and expected to win, while I'd bet $20 on 5 matches, always betting for the underdog. The results were sometimes funny as they'd lose 1 and win 1, winning maybe $20 on the whole thing, while I'd lose 4 and win only 1, but I'd still get ahead, getting $50 out of it even though I lost 4 bets.

Try it also on MMA matches putting all money on every underdog in a single event and see how it goes. Often a single win will get you far ahead.