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Author Topic: Profit By Betting on Losing Teams  (Read 492 times)
Hispo
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June 10, 2023, 09:04:57 PM
 #21

I am the only one who believes this is likely some sort of advertisement campaign to some "services" which offers something which is unlikely to happen?  Roll Eyes
Honestly, sometimes it messes with my mind that there is people out there who can actually fall for stuff similar to these and other I have read in the past.

I'll say it clearly: Any person/organization who can get guaranteed profits constantly would not have a reason to promote themselves and ask for other's people money to spoil their own secret

Of course, there are some legitimate tipsters but we should be careful where we put out hard earned money on, for Satoshi's sake.  Tongue
No mate , I also have that same thought because obviously that OP is presenting His own site by holding His name so what we can expect here?

and checking the threads created of OP? yes he is promoting that said site .

_________________________

But about the topic? well How many times that I consider betting in losing team but it is harder to make through .

Maybe better to bet in any team that you believe will generate you profit .

Probably the only instance I would think of myself putting money on a team I do not like or I don't trust in, it would be that both teams facing each other are almost as equally bad, in comparison so I would go in with a small quantity of money which I would not mind to lose in a single bet.

Who knows, life is unpredictable there has been cases of very unexpected winners, and those who bet on them can get juicy rewards.

But to be honest with you, betting on something one does not have much hope in sounds rather like gambling and not betting, there is an important difference between them.

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June 11, 2023, 06:41:54 PM
 #22

I am the only one who believes this is likely some sort of advertisement campaign to some "services" which offers something which is unlikely to happen?  Roll Eyes
Honestly, sometimes it messes with my mind that there is people out there who can actually fall for stuff similar to these and other I have read in the past.

I'll say it clearly: Any person/organization who can get guaranteed profits constantly would not have a reason to promote themselves and ask for other's people money to spoil their own secret

Of course, there are some legitimate tipsters but we should be careful where we put out hard earned money on, for Satoshi's sake.  Tongue
No mate , I also have that same thought because obviously that OP is presenting His own site by holding His name so what we can expect here?

and checking the threads created of OP? yes he is promoting that said site .

_________________________

But about the topic? well How many times that I consider betting in losing team but it is harder to make through .

Maybe better to bet in any team that you believe will generate you profit .

Probably the only instance I would think of myself putting money on a team I do not like or I don't trust in, it would be that both teams facing each other are almost as equally bad, in comparison so I would go in with a small quantity of money which I would not mind to lose in a single bet.

Who knows, life is unpredictable there has been cases of very unexpected winners, and those who bet on them can get juicy rewards.

But to be honest with you, betting on something one does not have much hope in sounds rather like gambling and not betting, there is an important difference between them.
Mate, 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?

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June 11, 2023, 07:34:17 PM
 #23

I did a test like this once and it often works.

Imagine that you have $100 and want to bet 25 on 4 bets. You can bet it all on favored teams and if 1 out of 4 loses you don't make any money even though 3 of 4 won.
At the same time if you bet on 4 losing team and 1 wins you will make more money than you would in the above situation

The challenge is, whether you'll manage to win at least 1 losing bet, or win all 4 winning bets., because if you lose all 4 losing bets you'll be down on your balance, but if you win at least half of your winning bets, you will not be down.

It comes down to strategy. Some people prefer to be down 3/4 bets and make money this way, and others prefer to make money by winning 3/4 of their bets.

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Hispo
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June 11, 2023, 07:44:37 PM
 #24

I am the only one who believes this is likely some sort of advertisement campaign to some "services" which offers something which is unlikely to happen?  Roll Eyes
Honestly, sometimes it messes with my mind that there is people out there who can actually fall for stuff similar to these and other I have read in the past.

I'll say it clearly: Any person/organization who can get guaranteed profits constantly would not have a reason to promote themselves and ask for other's people money to spoil their own secret

Of course, there are some legitimate tipsters but we should be careful where we put out hard earned money on, for Satoshi's sake.  Tongue
No mate , I also have that same thought because obviously that OP is presenting His own site by holding His name so what we can expect here?

and checking the threads created of OP? yes he is promoting that said site .

_________________________

But about the topic? well How many times that I consider betting in losing team but it is harder to make through .

Maybe better to bet in any team that you believe will generate you profit .

Probably the only instance I would think of myself putting money on a team I do not like or I don't trust in, it would be that both teams facing each other are almost as equally bad, in comparison so I would go in with a small quantity of money which I would not mind to lose in a single bet.

Who knows, life is unpredictable there has been cases of very unexpected winners, and those who bet on them can get juicy rewards.

But to be honest with you, betting on something one does not have much hope in sounds rather like gambling and not betting, there is an important difference between them.
Mate, 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?

Do not misunderstand me, nobody wants to make themselves a path towards to disappointment. It is rather a very situational approach towards sport betting. I have seen my cousin not to bet when the matches are rather "boring" because both teams are unappealing, but I could see myself betting anyways on one of those teams if I can afford to lose a couple of bucks.

Again that is a very situational approach, in normal circumstances it would not be necessary to bet like that.  Wink

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June 11, 2023, 10:30:01 PM
 #25

I am the only one who believes this is likely some sort of advertisement campaign to some "services" which offers something which is unlikely to happen?  Roll Eyes
Honestly, sometimes it messes with my mind that there is people out there who can actually fall for stuff similar to these and other I have read in the past.

I'll say it clearly: Any person/organization who can get guaranteed profits constantly would not have a reason to promote themselves and ask for other's people money to spoil their own secret

Of course, there are some legitimate tipsters but we should be careful where we put out hard earned money on, for Satoshi's sake.  Tongue
No mate , I also have that same thought because obviously that OP is presenting His own site by holding His name so what we can expect here?

and checking the threads created of OP? yes he is promoting that said site .

_________________________

But about the topic? well How many times that I consider betting in losing team but it is harder to make through .

Maybe better to bet in any team that you believe will generate you profit .

Probably the only instance I would think of myself putting money on a team I do not like or I don't trust in, it would be that both teams facing each other are almost as equally bad, in comparison so I would go in with a small quantity of money which I would not mind to lose in a single bet.

Who knows, life is unpredictable there has been cases of very unexpected winners, and those who bet on them can get juicy rewards.

But to be honest with you, betting on something one does not have much hope in sounds rather like gambling and not betting, there is an important difference between them.
You gamble, means you bet; these two are the same. Do you win 100%? 'coz if not, that simply makes gambling a "gamble", meaning, there's no assurance with the result. You can indeed create yoir own analysis of the possible outcome but that won't guarantee winning. With regards on betting to a team you don't like, no one would force you to do so, so if you still did, that is your initiative. You don't need to like a team for betting into them, it is probably yoy saw something or some sort of chance which made you bet unto them; homecourt advantage, star player of opposing team won't be able to play and such.Unless you just cannot help not betting on a single game, that would be a different story 'coz you might be addicted into gambling.
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June 12, 2023, 12:01:10 AM
 #26

Unfortunately, I can't check the link since I still get the geo-restriction message from Cloudflare, but there is money to be made on losing teams because the odds provider would sometimes overestimate the favorites and give the underdogs too many points on the handicap. During the start of the regular season, the OKC and the Magic were a couple of good examples. They were at the bottom of the standings but still consistently covered more than half of the time as the underdog whenever they play at home. Most teams play better overall at home, but these two are always good at keeping their losses close regardless of the teams they're playing.

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June 12, 2023, 01:42:43 AM
 #27

Kinda weird how we're basing the strength of a team based on the best placed by bookmakers on them, and not how bookmakers base their odds based on the strength of the teams themselves. I've never really tried this (or ever will) really, just doesn't make sense to me. Has anyone actually tried this and made work of it? Preferably in cases where you ignored the teams themselves, just the odds.

Granted I've rarely bet on underdogs though. They're called underdogs for a reason after all, they may have made a significant one or two matches, but it doesn't mean it's a solid display of their strength. Can't exactly forget their past records ofc.

R


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June 12, 2023, 02:57:00 AM
Last edit: June 12, 2023, 03:10:05 AM by TimeTeller
 #28

Kinda weird how we're basing the strength of a team based on the best placed by bookmakers on them, and not how bookmakers base their odds based on the strength of the teams themselves. I've never really tried this (or ever will) really, just doesn't make sense to me. Has anyone actually tried this and made work of it? Preferably in cases where you ignored the teams themselves, just the odds.

Granted I've rarely bet on underdogs though. They're called underdogs for a reason after all, they may have made a significant one or two matches, but it doesn't mean it's a solid display of their strength. Can't exactly forget their past records ofc.

But if you know very well the sports, you have the insights on why bookies are making them as underdogs.
Because if you follow a specific sports closely, you can get the idea about their weaknesses and strengths.
And if you still prefer to bet on a losing team, it means, you are seeing some advantage that you think can play out during the game.
A good example is in the boxing sports, even if the boxer is the underdog, he has the chance to win and get an upset as there are some blind factors that bookies and bettors can't see.
Like the preparation, their strategies, actual power during the fight, coaching and many others.
Now, when it comes to football, a lot of factors are in play as well, the actual line-up during the match, weather, coach, strategies among many others.
So for the bookies to identify the favorite, will be considering a lot of factors as well. But most bookies have the same favorite as they will have offering of similar odds.
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June 12, 2023, 06:17:22 AM
 #29

So ops I suggest you try as much as possible to share clear evidence to support your claims since many here won't believe that you can use that strategy to win.
This isn't some new strategy or something. Op just tweaked the underdog betting strategy basically which is quite risky for obvious reasons. I don't think he will provide more proof to support his strategy.

So for the bookies to identify the favorite, will be considering a lot of factors as well. But most bookies have the same favorite as they will have offering of similar odds.
True. They have teams working for them which is why beating them at their own game is tough as hell.

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June 12, 2023, 08:24:42 AM
 #30

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

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June 12, 2023, 10:16:15 AM
 #31

Attention required! Cloudflare:

-snip-

Am I the only one being redirected to this page when I try to follow OP's link? I usually use a VPN to connect everywhere and I hardly ever have problems of any kind, is the private network the problem here or maybe another reason?

As per the strategy itself, we all know that there is no 100% safe betting system, not even 50%, son don't be fool. As OP correctly stated, we are used to bet for winning teams because it is more fun or Idk why but that's true, and this is just a reminder that there are other ways to bet as well.
To the best of my knowledge, blocked IPs gives this response when ever you load the network, restricted countries also have the same response whenever you do the same too. Possibly your account is blocked from accessing that  website. I think your
IP and accountt with the casino is been flagged or so otherwise I see no reason Why you should be having such response loading the web page. Try using another system to load the page and see what happens.

I have never created an account on nitrobetting before, so the reason can't be that it was flagged because it doesn't exist. The warning keeps appearing today although I changed my IP several times and even after selecting different countries.

If other users are connecting through a VPN and don't have such a problem, please, let me know.

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June 12, 2023, 12:50:58 PM
 #32

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 12, 2023, 01:06:51 PM
 #33

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

I agree with your friend, over time, we have seen gamblers come up with various ways and strategies they think makes winning in sports betting easier, but if properly checked, we discover that it's all the same, it's like a two different roads, one being straight, and the other being filled with corners, but both roads leads to the same destination, some may assume the straight road is shorter, while other may argue that the one being filled with corners is shorter, but if checked like I said before, you discover both roads are just about the same distance, and the efforts it takes on the straight road, to get to the destination, is just about the same amount of efforts, it will take on the road filled with corners..

And the end of it all is that, winning a bet from the loser side or the winning side requires the same amount of energy, none is easier, if winning bets becomes pretty easy for everyone, then betting will become less and less interesting.

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June 12, 2023, 01:20:25 PM
 #34

So ops I suggest you try as much as possible to share clear evidence to support your claims since many here won't believe that you can use that strategy to win.
This isn't some new strategy or something. Op just tweaked the underdog betting strategy basically which is quite risky for obvious reasons. I don't think he will provide more proof to support his strategy.

So for the bookies to identify the favorite, will be considering a lot of factors as well. But most bookies have the same favorite as they will have offering of similar odds.
True. They have teams working for them which is why beating them at their own game is tough as hell.

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.

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June 12, 2023, 06:42:31 PM
 #35

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. 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.

Op's strategy might work in the short-term, but will inevitably fail in the long-term just like all other strategies.

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June 12, 2023, 06:56:02 PM
 #36

So ops I suggest you try as much as possible to share clear evidence to support your claims since many here won't believe that you can use that strategy to win.
This isn't some new strategy or something. Op just tweaked the underdog betting strategy basically which is quite risky for obvious reasons. I don't think he will provide more proof to support his strategy.

So for the bookies to identify the favorite, will be considering a lot of factors as well. But most bookies have the same favorite as they will have offering of similar odds.
True. They have teams working for them which is why beating them at their own game is tough as hell.

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.
What ever we want to bet on, we need to very careful how we make decisions if not, we might make some bad loses that might cost us a lot of money for us to recover back. Our motive should not be only for gambling and to make fast profits, we need to know what we are doing so that we are not going to create more problems for ourselves, so we need to bet with small funds to be at the safe side.

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June 12, 2023, 07:00:23 PM
 #37

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. 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.

Op's strategy might work in the short-term, but will inevitably fail in the long-term just like all other strategies.

You raise an important point regarding the house edge in gambling. In the long run, the odds are typically in favor of the house, giving the casino or other gambling business the upper hand over the players. The house will always win money over time thanks to this advantage, often known as the "house edge."
The inherent house edge cannot be completely eliminated by any strategy or method, even though they may offer temporary success or minor advantages. Gamblers must be aware of this fact and comprehend that, at its core, gambling is a type of entertainment with a built-in statistical advantage for the casino.
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June 12, 2023, 07:03:27 PM
 #38

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. 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.

Op's strategy might work in the short-term, but will inevitably fail in the long-term just like all other strategies.
Gambling is more of luck than skills. No matter how skilled anyone may present themselves to be, ni matter any strategy the perso6is using, they do not hold true always for a longer period of time.
If cryptocurrency trading strategies that is more dependent on skills and TA ability fails at a point, there is no guarantee that gambling strategies will not fail.
Even if I can spend money to acquire trading strategies which I doubt, I will not spend money for any gambling strategies.

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June 12, 2023, 07:24:41 PM
 #39

Attention required! Cloudflare:

-snip-

Am I the only one being redirected to this page when I try to follow OP's link? I usually use a VPN to connect everywhere and I hardly ever have problems of any kind, is the private network the problem here or maybe another reason?

As per the strategy itself, we all know that there is no 100% safe betting system, not even 50%, son don't be fool. As OP correctly stated, we are used to bet for winning teams because it is more fun or Idk why but that's true, and this is just a reminder that there are other ways to bet as well.
To the best of my knowledge, blocked IPs gives this response when ever you load the network, restricted countries also have the same response whenever you do the same too. Possibly your account is blocked from accessing that  website. I think your
IP and accountt with the casino is been flagged or so otherwise I see no reason Why you should be having such response loading the web page. Try using another system to load the page and see what happens.

I have never created an account on nitrobetting before, so the reason can't be that it was flagged because it doesn't exist. The warning keeps appearing today although I changed my IP several times and even after selecting different countries.

If other users are connecting through a VPN and don't have such a problem, please, let me know.
I think the ops is a chiller who is looking for client's to register with his referal code on a shity casino that is already red flagged and that has no form of official presence here in the forum, I was able to visit the link and Netrobet is what came up from the link and I immediately get off the site since it is not one of my preference and there don't have a good reputation around the industry.

This is a bad way to interact with potential customers hiding under false identities to chil for your projects.



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June 12, 2023, 08:59:24 PM
 #40

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.

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..PLAY NOW..
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