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Author Topic: betting against the Public, is this strategy working?  (Read 584 times)
goinmerry
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January 15, 2023, 11:58:55 PM
 #41

I'm not aware of this but with just a quick thinking, I think that was more risky.

Instead of betting against the public, why not just hunt for some decent odds that is worth the risk?

Who here actually tried that strategy?
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January 16, 2023, 12:21:19 AM
 #42

I heard this strategy working but I like to know based on your experience if this is working.
To me it goes both ways, there would be certain markets where betting against the public would be the better move but it's only a matter of time until the strategy becomes less effective and their record goes back to even.

I agree with what bitbollo said, the strategy can work and it can be a good guideline on which bets to go for and avoid if you're into following trends but it's not always the best strategy since they can still fail with the help of other factors.  

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January 16, 2023, 12:36:20 AM
 #43

I heard this strategy working but I like to know based on your experience if this is working.
To me it goes both ways, there would be certain markets where betting against the public would be the better move but it's only a matter of time until the strategy becomes less effective and their record goes back to even.

I agree with what bitbollo said, the strategy can work and it can be a good guideline on which bets to go for and avoid if you're into following trends but it's not always the best strategy since they can still fail with the help of other factors.  

Doesn't happen every time a gambler expects.  It rarely happens at all, it's kind of fluke for a stooge to win but he will definitely surprise a lot of bettors when it happens.

In basketball, it rarely happens unless more than one-star player of a team is not present in the game and the others are not confident enough. Betting against the public strategy might only be applied to such a situation and yet you still have 50/50 chance.


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January 16, 2023, 01:27:44 AM
 #44

I think we have already tried this at one point in our betting experience. One of the most popular ways to bet against the public is to go for the underdog. I have placed many bets on the underdog. Sometimes I win, sometimes I lose. That's just the way betting works, a favorite could lose, an underdog could win. An expected result could happen, an upset could also happen. But one thing I won't do is to always bet against the public without making my own simple analysis. In the end, it would all still be about analysis.
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January 16, 2023, 01:58:24 AM
 #45

I'd say one of the easiest examples of this is betting on the underdog, but that's harder than any bet to predict imo so it's not really reliant, but betting on other factors of the said match can prove to be much better, like the number of goals made and factors like that. It's really good if you can do it, after all, a match with one-sided odds can give you a LOT if it wasn't exactly "one-sided" as initially thought.

It's a lot riskier though, since in the end even if it wasn't just the final result but also some other factors, you'd still need to study and believe that the underdog team has the necessary skill to perform better against the better one. And odds so one-sided like this only happens if the skill level between the two is often seen as big, like really big in gap imo.

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January 16, 2023, 02:11:28 AM
 #46

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

It works and give good profits but not all the time. Also, it requires guts to use this strategy because you are going against the prediction of so many people.
We have seen it in the FIFA world cup where the underdogs won quite a few times giving good profits to the bettors.
So yeah it does work but we must know what we are doing before using this strategy.

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January 16, 2023, 02:27:46 AM
 #47

I think we have already tried this at one point in our betting experience. One of the most popular ways to bet against the public is to go for the underdog. I have placed many bets on the underdog. Sometimes I win, sometimes I lose. That's just the way betting works, a favorite could lose, an underdog could win. An expected result could happen, an upset could also happen. But one thing I won't do is to always bet against the public without making my own simple analysis. In the end, it would all still be about analysis.
That is correct. We can bet on any team we want, but we also have to know that it doesn't always guarantee we can win because there is a luck factor that we must have to win. When betting, we only have two choices of the result, and if we are lucky, we will win it. We also must be aware that analysis cannot always give us victory because circumstances can change direction and make us experience defeat. So we can't expect too much always to win because it will be difficult to get.

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January 16, 2023, 04:43:09 AM
 #48

That can work if your analysis is way better compare to the public and you want to take the risk because the odds are better and there’s a higher chance for you to make profit. Public views and opinions are not accurate, that is also based on their own analysis which you can also do it as a bettor, betting against them can be more exciting though the risk will always be there since this is gambling. There are times that your analysis are also same with the public, with that I can consider betting with them.
Betting against the general public does not necessarily lead to good results. Therefore, a gambler has to use his intelligence to analyze the judgment. I also can't say this strategy is bad at all because in today's games match fixing has become a business where a good team can lose to a weak team. Even with the wide spread of betting odds, the weaker teams can win there. But this strategy cannot be considered as a bad one. However, this technique will not be effective in all cases. A gambler has to make decisions based on situational considerations.

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January 16, 2023, 05:02:52 AM
 #49

Doesn't happen every time a gambler expects.  It rarely happens at all, it's kind of fluke for a stooge to win but he will definitely surprise a lot of bettors when it happens.

In basketball, it rarely happens unless more than one-star player of a team is not present in the game and the others are not confident enough. Betting against the public strategy might only be applied to such a situation and yet you still have 50/50 chance.
If we're only limiting it within the moneylines or match winners market i'd agree with you but i'm talking about other markets like the handicaps and totals where the odds are usually close to 50-50.

You still need to keep in mind the other types of bets since not all gamblers focus on who's going to win most of the time and there's money to be made on other markets.

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January 16, 2023, 05:08:02 AM
 #50

Probably this is just one strategy made up by someone who bet on games that he didn't know and won some money and later he know that what he bet is against the public.

So yes this could make or break for some gamblers. I mean the strategy is just to simply that you just have to look at what the public is betting on public like going to Vegas and see how the betting is going on several games and then choose the opposite. If you win then good for you.
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January 16, 2023, 07:20:19 AM
 #51

It's gigantic work if you do this manually by researching. The simple way is just looking at what the bookies are offering. The heavy favorites are what mostly the media is predicting to win and the underdogs have the higher profits with higher risk included. It doesn't mean they will not win.

Betting against the public will need an indicator and connections, I don't think what will be shown on websites that specialized in those fields will just throw away such important information. I like betting for underdogs but it always end up bad, the public may have the same analysis as what you have that's why it's not easy to bet against it.

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January 16, 2023, 08:14:39 AM
 #52

Probably this is just one strategy made up by someone who bet on games that he didn't know and won some money and later he know that what he bet is against the public.
Assuming most people take win for team A, because of that you take team B which is underdog to winteam A. What if team A or B do not win but draw, that just mean that the match is a lost for the gambler. A gambler can win a match he chose that a lesser strong team to win which the public do not go for, but to lose in gambling is a way easier. What we should know is that the odds are set by bookmakers in a way not to favour the gambler.

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January 16, 2023, 08:58:43 AM
 #53

It is not new to gambling. I have heard people betting this way but I don't really think it makes any difference especially in football and where you can't prove match fixing or how will the players know of the population of bettors in a particular odd or betting option. So I don't consider it professional but yet a prove that gambling is a game of luck and to whatever means you device to win so you try on it.

The reason for thinking to bet against the public is that people think that since greater number of people have bet in a certain direction that the luck will go against them so they want to stay behind the other side. But IMO I think to do a personal analysis of the game is better than just betting randomly depending on the public view or bet.

I know a friend who doesn't allow others to see his betting slip just because of this reason of public awareness of the bet.

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January 16, 2023, 09:20:39 AM
 #54

I'm not aware of this but with just a quick thinking, I think that was more risky.

Instead of betting against the public, why not just hunt for some decent odds that is worth the risk?

Who here actually tried that strategy?
Any strategy or method in gambling certainly has a very big risk.
However, this risk can be minimized depending on how the gambler himself carries out the strategy.
If someone doesn't want to take risks, I think it's impossible because in every action a person doesn't just gamble, there is definitely a risk.

It's true that in gambling, if you choose a bigger risk, the profit you get is also much bigger, but we can't equate this thinking to everyone because they have their own way of thinking.

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January 16, 2023, 09:24:17 AM
 #55

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

It works sometimes and doesn't work sometimes. I cant say I use it as a strategy, I just follow my intuition and if my intuition goes against the public then so be it. It doesn't matter if the whole world plays a particular bet the same way, if my intuition tells me otherwise then i'll follow and I regret it sometimes when I don't listen.

An instance was the Napoli vs Juventus game and the Lecce vs AC Milan game. I was so certain Napoli would win Juventus for unknown reasons. I even said it on the Italian league thread. That's what my gut told me and I was convinced. Same goes to the the Milan game. I just had this gut feeling that Milan was not going to win that game.
I don't do it based on the public opinion, I didn't bet against Milan because majority of the public bet on Milan its just a gut feeling.

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January 16, 2023, 09:43:40 AM
 #56

I heard this strategy working but I like to know based on your experience if this is working.
It sure works, but this is not a strategy that works or shows up all the time or everyday, the only time I can tell you that betting against the public worked for me was in recent QATAR 2022 world cup that just ended, and it was the match between Morocco and Croatia, from the odds, I could see that the public were pouring their bets on Croatia to win the match, after seeing how attractive Morocco's odd is and putting into consideration how they've played well against Portugal, i decided that they could end up beating Croatia, so I betted against the public in that match, and amazingly, i was right, Morocco beat Croatia and that was how i won some really good amount of money.

And like i said, the above is the only time betting against the public has really worked for me, every other time i tried, it has always ended in a loss.

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January 16, 2023, 10:00:11 AM
 #57

Probably this is just one strategy made up by someone who bet on games that he didn't know and won some money and later he know that what he bet is against the public.

So yes this could make or break for some gamblers. I mean the strategy is just to simply that you just have to look at what the public is betting on public like going to Vegas and see how the betting is going on several games and then choose the opposite. If you win then good for you.
It could be because there is so much that gamblers can do with their money to gamble. Or maybe he purposely wanted to see the results to know what he should do in the next game. It will depend on each strategy, whether he will bet against the public or on the side of the public because every gambler will have his own strategy and analysis. And the strategy he used could work for a while. But the important thing is that we can know ourselves in choosing the right strategy.

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January 16, 2023, 10:06:45 AM
 #58

MMA it might work because that sport is crazy wild with similar results possible to any reasonable contender.   Boxing some might become undefeatable but MMA it feels more possible for anyone to get lucky in the extremes, all depends on the odds of course but Im open to the idea.   Its best to know the sport you are betting on rather just guessing, I dont think that will work out for most people but in a subject you have regular experience on its well worth the idea.  
  The other advantage to underdog bets is the actual amount required in the bet is not as much, yes it can be more likely to lose but that doesnt make it worse value in ratio terms to a low odds bet but large amount required.   I get quite uncomfortable when odds are 10% or less, Im more of a spectator for those games/bets.

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January 16, 2023, 10:42:13 AM
 #59

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

It works sometimes and doesn't work sometimes. I cant say I use it as a strategy, I just follow my intuition and if my intuition goes against the public then so be it. It doesn't matter if the whole world plays a particular bet the same way, if my intuition tells me otherwise then i'll follow and I regret it sometimes when I don't listen.
Every gambler wants to use a strategy as a tool to win ‍any match or in gambling. In this case, a gambler has to analyze and decide how effective that strategy is. Gambling cannot be won by only strategy. In this regard the strategy must be changed. There are also doubts about the strategy discussed by the op. Bets against the public don't always win or can be reliable strategy. Because those who perform well in the match or any play will win. You can also stay if the public is involved in such matches. It is basically the bet that the gambler has to consider which strategy is suitable according to the prevailing conditions while betting.

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January 16, 2023, 12:42:44 PM
 #60

Probably this is just one strategy made up by someone who bet on games that he didn't know and won some money and later he know that what he bet is against the public.

So yes this could make or break for some gamblers. I mean the strategy is just to simply that you just have to look at what the public is betting on public like going to Vegas and see how the betting is going on several games and then choose the opposite. If you win then good for you.
It could be because there is so much that gamblers can do with their money to gamble. Or maybe he purposely wanted to see the results to know what he should do in the next game. It will depend on each strategy, whether he will bet against the public or on the side of the public because every gambler will have his own strategy and analysis. And the strategy he used could work for a while. But the important thing is that we can know ourselves in choosing the right strategy.

Indeed, everything depends on how gambler project his bet, playing against the public is one strategy it's not a guarantee that
you will get the outcome that you anticipated.

Most of the time, those who bet against the public are people who have a strong nerve that can carry the heavy risk.

If you win your bet, it will be sweet and a good achievement, if you lose, then you will need to move forward and try your luck
in your next pick.
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