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Author Topic: Profit By Betting on Losing Teams  (Read 486 times)
Newlifebtc
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June 12, 2023, 10:06:48 PM
 #41

Determine if the team is a loser against the spread, a loser on the money line, or a loser on both

Teams that lose against the spread and money line are usually bad bets. You can find a winning game among an SU and ATS loser, but it doesn’t happen often enough for you to make long term profit betting on the team.

We want teams that have no worse than a .400 record against the spread or no worse than a .400 record on the money line.

A lot of times straight up winning teams are bad against the spread bets. The more a team wins straight up, the more oddsmakers adjust spread lines in favor of underdogs.

Remember, human beings like to bet on winners. So to attract action on the other side of the line, oddsmakers turn favored teams into underlays with ridiculous spreads.

Once we find the team, we can move to step 2.

Discover why the team loses
.400 teams aren’t the same as a .300 team. A .300 team is likely just a bad team. But a .400 team often has a losing record due to some anomaly, like an injured offensive lineman, or like in Milwaukee’s case versus Miami in this year’s NBA Playoffs, their best player not being one-hundred percent.

Try to find out why the team loses. Once you believe you’ve discovered why, move to step 3

I think that betting on a team to lose the game and making a correct prediction is just as difficult as betting on a team to win and getting it right. I think mostly because when matches are played, the players are on an eye to eye level. Otherwise the match would not be worth it and gambling would be too easy. Nobody wants to see or bet on a Mike Tyson vs a baby match... Grin

gambling can be very difficult when we make the wrong decisions that could affect our portfolio and our results.
I will prefer to gamble with small funds on this kind of matches because there could anything that can happen so staking with small amount of money is the idea that could give a moderate winnings without greed of winning big amount of profits.
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June 13, 2023, 01:04:42 AM
 #42

If other users are connecting through a VPN and don't have such a problem, please, let me know.
Using a VPN worked for me, and similarly, I had to switch connections several times because I didn't expect them to block that many countries.

True. However, all the strategies that we use don't really improve our winning/losing chances since the house always wins in the long-term due to house edge factor which many gamblers tend to forget.
Sometimes the house edge won't even cut it, and they have to weed out some of their players specifically the winners since they can't always take the loss.

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June 13, 2023, 12:59:26 PM
 #43

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
Betting on underdogs is almost always better than betting on heavy favorites, but most punters prefer betting on favorites even if the odds are low since they get tempted by the higher winning chances after factoring in the vig.

For example, some whale bet more than a million bucks on odds less than 1.01 and lost it all. Higher winning chances don't always translate to favourable results basically.

Personally, I prefer sticking to odds > 1.3 in order to try and get the best bang for my buck.

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June 13, 2023, 03:08:03 PM
 #44

Determine if the team is a loser against the spread, a loser on the money line, or a loser on both
How do you do it all, it sounds ridiculous and preposterous.

As far as I know, below are the sports betting methods that are often used by gamblers.
For example:
Code:
Double chance;
Total;
Obstacle;
Both teams score;
1st half / Full time;
Odd even;
Correct Score;
Target Range, etc.

And I have never seen someone betting like the title of your topic, is it a bet like what @Ivan Toney did.

It seems that we are still in control and sane in placing sports bets, maybe we are not yet at the level of addiction and crazy to place bets on losing teams, it seems that betting is like that, betting people are addicted to gambling and people who often lose and are frustrated.

R


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June 13, 2023, 03:16:07 PM
 #45

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.

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June 13, 2023, 04:06:03 PM
 #46

Bigger odds means bigger profit. Also, anything could happen in a match 'coz first of all, they won't be in the tournament if they don't have the capability to win. Underdogs as we all know will still have the chance to come up with a win, it just so happened that betting on the underdog will put your money at a bigger risk, but as I've said with bigger rewards by chance.
Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.
There are times underdogs are just being underestimated by the majority which creates huge odds on their end. No one is certain of the outcome which is why we call it gambling. As long as you are aware of the tendencies then you're good to go. A gambler in the first place is not required to go all in for a single bet especially in favor of the underdog, so just practice managing the risk if you are really willing to bet on the 'losing' team or player.

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June 14, 2023, 12:26:20 AM
 #47

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.

Betting on a huge underdog and simply hoping for an upset which you yourself don't even know how to happen or where to come from is like betting on luck. That's not going to be profitable. Betting on an underdog because of a distinct analysis could be reasonable. Betting on the huge underdog Miami heat, for example, versus the most favorite team to win the NBA championship, Boston Celtics, could have some reasonable bases. This could turn out profitable.

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June 14, 2023, 02:25:36 AM
 #48

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.

Betting on a huge underdog and simply hoping for an upset which you yourself don't even know how to happen or where to come from is like betting on luck. That's not going to be profitable. Betting on an underdog because of a distinct analysis could be reasonable. Betting on the huge underdog Miami heat, for example, versus the most favorite team to win the NBA championship, Boston Celtics, could have some reasonable bases. This could turn out profitable.

We should not just bet on an underdog without learning the capability of the lesser favorite.  Just like in a match of both promising boxers, obivously one of them will be the underdog but in that case, being the underdog does not mean that there is no chance of winning but rather I think there is a better chance of winning huge amount since the underdog has the ability to KO the favorite.  But in case of a match where the oponent is just a filler, then it is not advisable to bet on the underdog.

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June 14, 2023, 04:42:45 AM
 #49

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.
But before you place a bet on the underdog team, you should check how likely they are to win so you won't be disappointed or upset. If their odds are not big, you don't need to place a bet and just watch it. Watching them compete is also a form of support for them. After all, they also wouldn't know how many people supported them in that match. We must be wise in placing bets and not waste our money on bets. But it's okay if you want to place a small bet for your team as a form of support so that if your friends ask you, you can answer by placing a bet for your team.

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June 14, 2023, 04:44:51 AM
 #50

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.
But before you place a bet on the underdog team, you should check how likely they are to win so you won't be disappointed or upset. If their odds are not big, you don't need to place a bet and just watch it. Watching them compete is also a form of support for them. After all, they also wouldn't know how many people supported them in that match. We must be wise in placing bets and not waste our money on bets. But it's okay if you want to place a small bet for your team as a form of support so that if your friends ask you, you can answer by placing a bet for your team.
Determine if the team is a loser against the spread, a loser on the money line, or a loser on both

Teams that lose against the spread and money line are usually bad bets. You can find a winning game among an SU and ATS loser, but it doesn’t happen often enough for you to make long term profit betting on the team.

We want teams that have no worse than a .400 record against the spread or no worse than a .400 record on the money line.

A lot of times straight up winning teams are bad against the spread bets. The more a team wins straight up, the more oddsmakers adjust spread lines in favor of underdogs.

Remember, human beings like to bet on winners. So to attract action on the other side of the line, oddsmakers turn favored teams into underlays with ridiculous spreads.

Once we find the team, we can move to step 2.

Discover why the team loses
.400 teams aren’t the same as a .300 team. A .300 team is likely just a bad team. But a .400 team often has a losing record due to some anomaly, like an injured offensive lineman, or like in Milwaukee’s case versus Miami in this year’s NBA Playoffs, their best player not being one-hundred percent.

Try to find out why the team loses. Once you believe you’ve discovered why, move to step 3.



Read more→ https://n2g.io/43c2c11
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June 14, 2023, 08:09:02 AM
 #51

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.
But before you place a bet on the underdog team, you should check how likely they are to win so you won't be disappointed or upset. If their odds are not big, you don't need to place a bet and just watch it. Watching them compete is also a form of support for them. After all, they also wouldn't know how many people supported them in that match. We must be wise in placing bets and not waste our money on bets. But it's okay if you want to place a small bet for your team as a form of support so that if your friends ask you, you can answer by placing a bet for your team.
At first glance, and following the elementary logic, betting on an outsider is just stupidity and madness.  But this is only at first glance.  If it were so, then no one would ever put their bets on such teams.  But many players do have reason to make such bets.  This may be, as you noted, the athletes you know are on the outsider team.  And then you will not be ashamed to tell him that you believed in their victory and even put money on the victory of their team.  This will definitely be a good incentive for your friend athlete.  And he will certainly inform other players about it.  And the mental attitude of any sports team, even an outsider, is important.  So for some players, betting on an outsider team is the right thing to do, and from their point of view, this is exactly what should be done. 
I don’t even remember the rare cases when outsiders win, which actually happens sometimes too.  Then such bets will generally bring not a small profit.  And at the same time, double joy for an accidental, so to speak, victory of your favorite team, and for winning money.

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June 14, 2023, 08:15:34 AM
 #52

Gambling on losing teams is a legitimate strategy, but more than betting on losing teams I think it is evaluating the risk/reward scenario with a specific bet. Sure, there might be a team that is likely to win, but maybe it pays a penny to the dollar. Basically, winning that bet doesn’t make a difference. I get more entertainment out of betting longshots and making sure the reward is worth the risk.
If the popular team or fighter become an underdog, I think it's good to bet them because usually they have a good chance to pull an upset. But for a mediocre team or fighter, I don't think it's wise to bet them because they mostly lose, only few times they win.

I never want to bet on a huge underdog, it's just like a lottery where the chance to win is near to zero.
But before you place a bet on the underdog team, you should check how likely they are to win so you won't be disappointed or upset. If their odds are not big, you don't need to place a bet and just watch it. Watching them compete is also a form of support for them. After all, they also wouldn't know how many people supported them in that match. We must be wise in placing bets and not waste our money on bets. But it's okay if you want to place a small bet for your team as a form of support so that if your friends ask you, you can answer by placing a bet for your team.

Without proper checking it can lower down the odds to win since you don't know if the underdog team is complete. There are times that they are more behind since there main star is out of the game due to injury so to avoid this mistake and still want to make sure that you are in good position while betting on underdog teams a good research is really needed to know the current situations on both teams. Although its not wise decision to place bet on underdog team but sometimes its rewarding.

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June 14, 2023, 09:03:07 AM
 #53

There's nothing much to worry on this because if OP think it's the best for him then he can go ahead but if he thinks that isn't going to be profitable for him then why sharing to the public, everyone of us have developed one or two mea s whereby we gamble using a particular strategy to make our chances of winning increases, everyone is just working on their own end to see what works to their own favour while gambling.

True but is the OP strategy going to work, I mean you know the stronger teams always win most of the time so why will you be putting yourself in an awkward situation that most of the time won't favor you. We know underdogs wins at time but that doesn't happen always.

In a situation when the underdogs win and you had a bet on them winning, you'll make more money since their odds are always higher than the favorite teams that has more strength and better chances of winning the game. Still it's a very risky strategy that'll fail you most of the time.

Every gambler knows what works for them but you shouldn't be bringing an idea that won't work for majority of the players to the public as you'll be tempting others to try it and when they do, they'll fail. I prefer betting on the favorite team and win small than risking it for the underdog.

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June 14, 2023, 11:34:05 AM
 #54

Every gambler knows what works for them but you shouldn't be bringing an idea that won't work for majority of the players to the public as you'll be tempting others to try it and when they do, they'll fail. I prefer betting on the favorite team and win small than risking it for the underdog.
Betting on the favorite team is surely safer and you can accumulate your profit after few matches, but if the odds as low as @1.10, I wouldn't bet because it need ten time of bets to double your money. But you can increase your odds by parlay bets, just pick favorite team and you can earn more money.

I think it's better than put on an underdog where the possibility to win is lower.

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June 14, 2023, 12:20:50 PM
 #55

At first glance, and following the elementary logic, betting on an outsider is just stupidity and madness.  But this is only at first glance.  If it were so, then no one would ever put their bets on such teams.  But many players do have reason to make such bets.  This may be, as you noted, the athletes you know are on the outsider team.  And then you will not be ashamed to tell him that you believed in their victory and even put money on the victory of their team.  This will definitely be a good incentive for your friend athlete.  And he will certainly inform other players about it.  And the mental attitude of any sports team, even an outsider, is important.  So for some players, betting on an outsider team is the right thing to do, and from their point of view, this is exactly what should be done. 
I don’t even remember the rare cases when outsiders win, which actually happens sometimes too.  Then such bets will generally bring not a small profit.  And at the same time, double joy for an accidental, so to speak, victory of your favorite team, and for winning money.
Well, maybe that's what will happen. But those who still bet on their team won't think like that, especially for people who are fanatical about their team. They might even bet for an amount that exceeds everyone else's. But for people who could see through the situation, they would probably act differently from other people so that each person would have their own choice. And it's up to them; we should also stick to our choices and not harm us. And if we think that betting for outsiders is best for us, we can just as well bet for them. So it will come back to each person's thinking.

Without proper checking it can lower down the odds to win since you don't know if the underdog team is complete. There are times that they are more behind since there main star is out of the game due to injury so to avoid this mistake and still want to make sure that you are in good position while betting on underdog teams a good research is really needed to know the current situations on both teams. Although its not wise decision to place bet on underdog team but sometimes its rewarding.
Sometimes, a match can change midway and it will surprise many people because they have chosen their team and now they have to see their team suffer a setback and look even weaker. This happens a lot in matches, so we have to do proper checks, as you said. And don't follow other people's opinions in choosing the team you want because you are responsible for your money and not someone else's. The important thing is that we have to be wise in betting and know when we are betting and when we only need to watch the game.

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June 14, 2023, 12:53:43 PM
 #56

your outlook seems a bit stormy, don't you think? Pouring your sweat-earned dough into a sinking ship? You're virtually inking your pact with disappointment. Isn't the esence of wagering to experience the exhilaration of victory, not brace for the torture of loss? Gambling on a hopeless team, isn't that akin to casting your cash into a fountain, praying for a Hail Mary? But I concur, life's a box of cocolates. There have been underdog triumphs, but aren't those more outliers than the norm, right? Your closing argument hits the bullseye, though! Laying bets on a doomed squad is closer to rolling the dice than wagering. It's not a game of chess; it's more like a game of chance. But, as the saying goes, different strokes for different folks, yeah?
I think it depends on the situation. If the score is already too deep that it is almost impossible to chase for the losing team then you can safely say that they are now doomed but not if the gap of the scores are not that wide enough. Rolling the dice was still gambling because we don't know what will be its outcome.

And when we gamble we do wager. Sports betting supposed to be a game of skill not chance but if we are mostly betting on the weaker teams, then yeah it can be consider as one. Losing money is not an enjoyable thing so I believe that most of us will always pick on the strong teams. We rarely bet on the underdogs and we do it when there is only tiny amount left in our balances.

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June 14, 2023, 01:33:59 PM
 #57

Interesting strategy op. Never knew about this strategy, but I will try it out with small amounts since I understood it pretty easily. I don't advise trying it out with large amounts though to be frank.

I usually bet on underdogs only when I have a lot of confidence in the player/team in question.

These are the causes of failure, mate. I don't believe it is necessary for you to use the strategies offered by the OP because the OP hasn't provided any evidence, so how can we believe in it? I also believe you should keep using the methods you were using before you saw these strategies here because you said you were only going to use a small amount of money. Yes, we all know that when gambling, one should only use the money they can afford to lose. However, this does not mean that when we know we cannot win or have doubts about our strategy, we should continue to bet on it. Instead, we should make sure to employ the strategy that will increase our chances of winning.

However, I think that even though the money is still small, losing it won't make us happy, so I think you should use the strategy that will benefit from the possibility that you may use these methods and everything will go according to plan, which may encourage you to continue using the strategy even though you risk losing a second time.

R


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June 14, 2023, 01:52:51 PM
 #58

But you have to be very careful when choosing a team and not blindly follow the system. In reality, many bettors tend to simply bet on the winning team without considering whether the spread will be covered or not. It may seem easy to decide which team will win, but the concept of betting against the public, although said to be profitable, requires caution and careful consideration when using this strategy.

R


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June 14, 2023, 02:04:32 PM
 #59

I have placed many bets so far but have not won a single one Always have to lose.
So I think everyone should be careful before betting so that you don't end up losing money.
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June 14, 2023, 02:14:57 PM
 #60

Betting using these strategies for gambling will reduce the risk of losing you shouldn't jump into the various online gambling opportunities without researching them and getting some strategy. Like physical casinos, online casinos want you to part with your money while gambling. There are many online gambling platforms and many more are being created. But not every betting website should be trusted. There are many scam platforms don't just pick a game, and expect to win when you play. Know what it means, game volatility betting flashing and more.

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