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Author Topic: About football betting  (Read 952 times)
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April 16, 2023, 06:34:34 PM
 #21

I think you are partially right, but there are a few more things to consider. In sports betting, like betting on the outcome of a football match, you basically guess the outcome of the match and place your bet on it. The bookmaker sets the odds based on various factors such as team performances, injuries and other relevant information. However, the bookmaker still wants to make a profit, so it slightly adjusts the odds in its favor. This means that they will always make money in the long run, regardless of who was the winner. So even though the betting platform cannot directly control the outcome of the game, they can still influence the odds to ensure a profit.

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April 16, 2023, 07:46:07 PM
 #22

Technically, yes.

House wins from the losses of their gamblers and that's how odds are made for. There's always the cut between the bettors who had won from their bets and calculated it from the losers.

And as you mentioned about tampering games or about match fixing, it happens but not on those official and popular games but if you're gonna bet within a smaller and lesser popular league then that's possible to be rampant there.

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April 16, 2023, 09:27:26 PM
 #23

Correct me if I am wrong

I am not a football fan and any form of prediction is still a gamble to me, but I have gamble on few different online casinos and I believe that gamblers on casinos gambles with the casino games, meaning it's between the gambler and the casino, but with football it is different, your bet is on the performance of a soccer team and the gambling platform will only win your money if your football team loses, right?

This makes it more cleaner to me, there will be no tampering of the system or fine tunning their games to make gamblers loses more than they win.

Can anyone confirm if this is right? Or wrong.

I think sports betting and casino gambling is different in the sense that sports betting may require you to understand the game itself, know the histories of matches, and grasping the idea of odds and knowing how to read them. It is different with casino since it involves only a game of chance. Although, you can put some effort to strategize there, it all go back to its main type which is still a game of chance that makes it really unpredictable. Both of this are of high risk and we should always be cautiously making our decisions in these and only bet the amount you can afford to lose.
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April 16, 2023, 09:37:29 PM
 #24

Correct me if I am wrong

I am not a football fan and any form of prediction is still a gamble to me, but I have gamble on few different online casinos and I believe that gamblers on casinos gambles with the casino games, meaning it's between the gambler and the casino, but with football it is different, your bet is on the performance of a soccer team and the gambling platform will only win your money if your football team loses, right?

This makes it more cleaner to me, there will be no tampering of the system or fine tunning their games to make gamblers loses more than they win.

Can anyone confirm if this is right? Or wrong.

Correct, in sports games in general (not just football) you play a lot more with the odds than with luck.
However, you are wrong if believe that this is less profitable for the casinos, as the sites will always lower the reward amount for the results that were most likely.
An example that occurs is in the case of a penalty kick, the casinos block the bets, as they know that allowing bets in favor of the goal is a very high probability of winning.

On the other hand, there is also a "black market" in sports betting, unfortunately... it is the adulterated results in which bettors with a lot of money pay players to score fouls, penalties, or even purposefully lose the game.

But still, I believe that sports betting is much more accurate than betting based purely on luck.

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April 16, 2023, 09:42:47 PM
 #25

There's a house edge that you don't know inside sports betting.

In short if there are 10 gamblers bet each $100 in a match, the casino has $1,000 as the pool, but odds designed they will only pay $950, the another $50 are their profit. The odds will not be 2.00x and 2.00x, but it's always 1.95x and 1.95x, as simple as that.
So whether it’s a win or loss for the players, the casino will always have its commission that’s why its profits are certain. Not just in pure luck based games, but even in sportsbetting, the casino will still make profits regardless it’s a win or loss. And this makes casinos more profitable than any kind of business. Not just in football, but certainly in all kinds of sports betting games.

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April 16, 2023, 09:51:30 PM
 #26

What you say is right. But both playing in online casinos and sports betting can make you lose. You lose at casino games because you don't have luck. And you also lose at sports betting because your analysis is inaccurate or you don't get enough information about team selection. But if your prediction in choosing the team to compete with is correct, you can win, depending on your analysis. But in casino games, you lose if luck doesn't come your way.
I guess whether it’s sports betting or casino based games, the house still has its edge to win. The reason why even if we think we are betting in the best team, there are still chances that at the end of the game we will see some twists, which means we end up losing and the profits will all go to the casino. That’s why skills and knowledge on the games are not enough, we should still gain luck to attract more profits.

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April 16, 2023, 09:57:42 PM
 #27

There's a house edge that you don't know inside sports betting.

In short if there are 10 gamblers bet each $100 in a match, the casino has $1,000 as the pool, but odds designed they will only pay $950, the another $50 are their profit. The odds will not be 2.00x and 2.00x, but it's always 1.95x and 1.95x, as simple as that.
So whether it’s a win or loss for the players, the casino will always have its commission that’s why its profits are certain. Not just in pure luck based games, but even in sportsbetting, the casino will still make profits regardless it’s a win or loss. And this makes casinos more profitable than any kind of business. Not just in football, but certainly in all kinds of sports betting games.

That's the advantage of the bookmaker, no matter what, they still have some profits from the bets.
But it is true on the other hand, that bookies have no influence regarding the results of the sports.
Because it is entirely up to the athletes or the organization handling the games.
If there will be manipulation, it is within the sports and not from the bookies.
So if you are very familiar with one sports, you will have good chance of winning your bets.
But it doesn't mean, it will guarantee your winning, because there are still other factors in play.
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April 16, 2023, 10:19:04 PM
 #28

Correct me if I am wrong

I am not a football fan and any form of prediction is still a gamble to me, but I have gamble on few different online casinos and I believe that gamblers on casinos gambles with the casino games, meaning it's between the gambler and the casino, but with football it is different, your bet is on the performance of a soccer team and the gambling platform will only win your money if your football team loses, right?

This makes it more cleaner to me, there will be no tampering of the system or fine tunning their games to make gamblers loses more than they win.

Can anyone confirm if this is right? Or wrong.
Assuming there was not some form of collusion between the athletes you are correct, sport betting is a form of gambling in which the casino is not on full control of the events and as such it is preferred by some gamblers which are suspicious about the legitimacy of some casinos, but even then you should not forget that the house edge still exists and only those which are incredibly skilled at predicting the outcome of the games have any chance of becoming profitable in this way.
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April 16, 2023, 10:46:01 PM
 #29

I chose to place sports bets precisely because in sports betting I only win if I manage to analyze the game well and hit my bet, the casino cannot manipulate anything, even the odds provider cannot manipulate the results of the games, the only way of someone manipulating something would be if the two teams combined to manipulate the game, this is what they call a fixed game, years ago it was something that happened a lot and of course some people profited from it because they only had to bet on the team they already knew that would win, I don't know if currently there are still cases of fixed games, but I think that if so it must happen in the very small leagues

in sports betting when it comes to table tennis games, there are some scam casinos that have created problems for customers, I don't quite understand what scam casinos do but it seems that it has to do with manipulation of something during the table tennis match, I've seen reports of this in a certain thread of a casino scam that is in this forum. but in general sports betting is much freer from any manipulation by casinos and oddsmakers

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April 16, 2023, 10:56:41 PM
 #30

You have valid concerns about unreliable betting sites. However, football matches are also sometimes subject to questionable rhetoric. So actually they are not very reliable either. If we evaluate the subject in this context, we can say that they are not very different things. We all have some doubts, big and small, about such matters. If the decentralized and open source gambling sites meet our needs one day, these and similar doubts may disappear. For now, we continue to act as if there is no problem. Cheesy

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April 16, 2023, 11:00:12 PM
 #31

There's no tampering with big sports events or big leagues. i.e. NBA, NFL, LaLiga, and more. Fix games only happens in small leagues that are mostly not covered by known media or if they do, it's mostly local games only.
Gambling sites' house edge in sports betting is not that big too, they just consider the ranks, strengths, and weaknesses of a team so they can give them some handicaps.
This is actually the huge reason why I switched to sports betting. I don't like my bets being decided by using a system of luck or binaries like casino games. I'd rather choose to do an intensive analysis of each game to enhance my winning chance.

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April 16, 2023, 11:06:52 PM
 #32

Correct me if I am wrong

I am not a football fan and any form of prediction is still a gamble to me, but I have gamble on few different online casinos and I believe that gamblers on casinos gambles with the casino games, meaning it's between the gambler and the casino, but with football it is different, your bet is on the performance of a soccer team and the gambling platform will only win your money if your football team loses, right?

This makes it more cleaner to me, there will be no tampering of the system or fine tunning their games to make gamblers loses more than they win.

Can anyone confirm if this is right? Or wrong.
Casino gambling may still be set to lose or win depending on the developer, but for soccer gambling, they cannot do that because it depends on the outcome of the game that occurs on the field, so the results of pure soccer gambling have no influence from the developer. so that for me, gambling in the world of football is quite fair and very transparent.

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April 16, 2023, 11:29:38 PM
 #33

I think for such conditions it is not only concerned with football but for all Sportbooks, remembering for things like this when talking about Casino and Sportbook it is clear that there will be differences there.
There are indeed a number of conditions where something like this happens, but I think it is included in fraud so indeed things like that are no longer related to gambling, but there really is something higher than that because the parties involved are also bigger.

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April 17, 2023, 12:03:51 AM
 #34

I think I have to agree with your idea and I believe that soccer betting is more transparent and very more clear than casino betting and most times especially when I'm making serious losses, I just end up concluding that the Boise isn't fair no matter how transparent the casino might claim to be.
And I see always prefer more of soccer betting if for nothing, then for the fact that we don't have to compete against the house where it might seem as if the house might be having more edge a d advantage than the gambler but rather we will be betting on a team playing and competing with another team and by so doing, making it more fair and transparent.

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April 17, 2023, 12:04:03 AM
 #35

but with football it is different, your bet is on the performance of a soccer team and the gambling platform will only win your money if your football team loses, right?

Can anyone confirm if this is right? Or wrong.
That's somewhat right but as the others have said already they can still adjust the provided odds similarly to how casinos earn a certain amount based on the player's wager.

The sportsbooks can still earn money both ways but they're likely going to profit more whenever the favorites lose because tons of parlays will lose as well on top of the single bets.

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April 17, 2023, 09:39:59 AM
 #36

What you say is right. But both playing in online casinos and sports betting can make you lose. You lose at casino games because you don't have luck. And you also lose at sports betting because your analysis is inaccurate or you don't get enough information about team selection. But if your prediction in choosing the team to compete with is correct, you can win, depending on your analysis. But in casino games, you lose if luck doesn't come your way.
I guess whether it’s sports betting or casino based games, the house still has its edge to win. The reason why even if we think we are betting in the best team, there are still chances that at the end of the game we will see some twists, which means we end up losing and the profits will all go to the casino. That’s why skills and knowledge on the games are not enough, we should still gain luck to attract more profits.
We know that the house is the biggest winner over gamblers. But even so, we still have the chance to win even if it's not a big win because when we place sports bets for the right team, we will win and vice versa. To be able to win at sports betting, we must have sufficient skills and knowledge so that we can choose the right team later. But we also have to remember that even though we can choose the team, we must know that in the middle of a match, the game's direction can change and cause the team we choose to lose.

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April 17, 2023, 10:28:37 AM
 #37

Correct me if I am wrong

I am not a football fan and any form of prediction is still a gamble to me, but I have gamble on few different online casinos and I believe that gamblers on casinos gambles with the casino games, meaning it's between the gambler and the casino, but with football it is different, your bet is on the performance of a soccer team and the gambling platform will only win your money if your football team loses, right?
That's the basic thing in sports betting including football, bookmakers are not involved in determining which team will get big or small odds because all that is available on their betting site is only what has been determined by the betting provider's service, the difference in odds between bookmakers may be because using a different service provider but the difference will not be significant because it is only under 0.1%.
However, people who like casino games will not care about the losses they suffer because they will have more fun playing casino games than sports betting, because each type of gambling has its own challenges that are difficult to compare because everything is only based on individual preferences.

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April 17, 2023, 05:48:08 PM
 #38

...
I am not a football fan and any form of prediction is still a gamble to me
...

I am a football fan and any prediction is still a gamble for me. :) Football is a battle of tactics and skill between two teams of 11 players. Sometimes we analyze the previous matches well and predict the results of the current matches correctly, but sometimes a coach can destroy our predictions if he analyzes the tactics of the team that is the favorite of the match well. A mind within a mind, a dream within a dream. Also, football players may not be on their day sometimes. So, it is not always easy to make the correct prediction as there are so many factors that affect the result.

Darbeciler emperyalistlerin işbirlikçileridir...
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April 18, 2023, 12:11:00 AM
 #39

That's the basic thing in sports betting including football, bookmakers are not involved in determining which team will get big or small odds because all that is available on their betting site is only what has been determined by the betting provider's service, the difference in odds between bookmakers may be because using a different service provider but the difference will not be significant because it is only under 0.1%.
I have to disagree with this it's not all about the odds provider, the sportsbooks can still adjust the odds significantly and the difference can be more than 1%, one example would be by comparing the odds between Stake and Sportsbet they both are using the same odds provider but you'll notice that one of the two would offer better odds on the BTTS market. This can also happen when comparing odds between different providers that's why others would go the extra mile and shop for the best odds before placing their bet.



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April 18, 2023, 12:25:11 AM
 #40

You are correct and not only in Football, the above logic works well with Soccer as well /s.

It works on every sports betting platform and game, which is why they give such an odd percentage of reward to those who are likely to lose.
Let's take an example below to help you understand how casinos still make money on this transparent system.



Here you see two teams with 3 possible outcomes:
1. Arsenal wins
2. Southampton wins
3. Draw

Odds are:
1. 1.16 x your bet amount
2. 13 x your bet amount
3. 6.50 x your bet amount

You see the most appealing ones are those which are unlikely to happen. People will bet and lose their money while the casino has to pay just .16 for the correct bet.
Also, there is a house edge always and all these casinos make a huge amount of money which is why they find people with huge followings to post about them on social media or advertise with them.
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