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Author Topic: Are you a Top-down or Bottom-up bettor?  (Read 174 times)
Davidvictorson (OP)
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October 25, 2023, 02:54:02 PM
 #1

The two methods in sports betting which most of use but are not aware of are the top-down or bottom-up betting method. In top-down betting you find a reliable source of information which is often sharp sportsbooks and look for better odds elsewhere which creates positive expected value bets. The advantages of top-down betting is that those who have used it have a proven track record of success, and with it, you only need minimal sports domain knowledge. The only disadvantages I have seen with this method is that it can be time-intensive and may lead to limitations with certain sportsbooks. In bottom-up betting method, you form your own opinion about the odds by building models or using qualitative insights and tools, which can be particularly useful in less efficient or derivative markets. The advantage of this betting method is that the bettor has a greater control over their analysis, it is suitable for inefficient markets. However, it can require more resources, domain knowledge, and may be harder to quantify the edge. I think most punters are bottom-up bettor. So which are you, a top-down or bottom-up bettor?

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October 25, 2023, 06:43:12 PM
 #2

So which are you, a top-down or bottom-up bettor?
I believe I'm more of a bottom-up bettor because I calculate my own game odds and don't depend on others for them. Whether someone is a topdown or bottomup bettor depends on how they like to do sports betting. Some bettors might choose one way based on their skills and the kinds of markets they like. Your decision relies on your betting style and how much you're ready to put into it.

Maybe bottom-up bettor too. I'm more of a fan of the sport than a bettor and then bet based on the analysis of the influencers I watch. But I also compare my analysis to them and then come up with my own.

You have to be a fan of the sport in order to be aware of the game and its players. It's not going to be fun for someone who is not a fan and yet bet on the matches he won't even watch.

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October 25, 2023, 06:48:19 PM
 #3

So which are you, a top-down or bottom-up bettor?

From these descriptions i would most certainly be a bottom-up bettor. I like to come up with my own reasoning and analyze the situation then go from there. I really do not like to follow other peoples advice blindly, but i do look at it and if they provide some advice/info that makes sense then i encorporate that into my own.
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October 25, 2023, 06:56:47 PM
 #4

I think I’m doing both somehow; I do check the previous matches but I also associate the present to create my analysis and to help me choose which team should I bet. Perhaps with basketball rosters and team 1 is dominant with the games but happened to not have their star players on their finals would I still bet on them? either strategy would be good especially if it works on your bets or that you are winning from doing so. There are orhers as well wherein players are using odds as their determinant. We are all guessing in gambling industry and we just happened to have different viewpoints on how we would take a bet. either would cause risk but what’s important is where you are comfortable using with.

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October 25, 2023, 07:29:38 PM
 #5

I guess most of us here are on the latter, "bottom-up betting method". We form our own analysis without checking what most tipsters are putting. This could really based on our experience on that particular games and we have followed it since we are still very young so obviously we know the teams and the players already and we have in our mind what could be the outcome of the game and where are the value bets.

Nothing is wrong with top-down though, but it's very hard to find someone that reliable as a tipsters. Unless you have been following him for years and you know when to follow him with his tips. So you can check those websites and then see how it goes with your bet as well to see if you have the same analysis.

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October 25, 2023, 07:43:39 PM
 #6

Any experience while you are comparing both of them.

I mean you say that, really prefer for (Top-Down). I would love to see the comparasion from betting using these two option, after that see the outcome and progress from the bet type. Really good, If you can stand with your choose but with some tested experience during the bet.

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October 25, 2023, 07:54:24 PM
 #7

The two methods in sports betting which most of use but are not aware of are the top-down or bottom-up betting method. In top-down betting you find a reliable source of information which is often sharp sportsbooks and look for better odds elsewhere which creates positive expected value bets. The advantages of top-down betting is that those who have used it have a proven track record of success, and with it, you only need minimal sports domain knowledge. The only disadvantages I have seen with this method is that it can be time-intensive and may lead to limitations with certain sportsbooks. In bottom-up betting method, you form your own opinion about the odds by building models or using qualitative insights and tools, which can be particularly useful in less efficient or derivative markets. The advantage of this betting method is that the bettor has a greater control over their analysis, it is suitable for inefficient markets. However, it can require more resources, domain knowledge, and may be harder to quantify the edge. I think most punters are bottom-up bettor. So which are you, a top-down or bottom-up bettor?

Since it is a long time I don't consult any tipping site or predictions site which I used to back in the days I guess I am a bottom-up bettor as I only believe my insights that I have about each game.In Champions League I have a 4 games parlay in both teams to score,Lazio and Celting came true while I wait Newcastle and Porto which I believe have high chances of coming true,I have also another parlay with 4 other choices that are over 2.5 goals and usually this is what I bet not only in Champions League but every where I play.So far I am happy for the overall results that I am getting,winning about 2-4 bets with odds over 10 in total during the week brings me profit,so yeah I am a bottom-up bettor based on your description.

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October 25, 2023, 07:57:59 PM
 #8

The two methods in sports betting which most of use but are not aware of are the top-down or bottom-up betting method. In top-down betting you find a reliable source of information which is often sharp sportsbooks and look for better odds elsewhere which creates positive expected value bets. The advantages of top-down betting is that those who have used it have a proven track record of success, and with it, you only need minimal sports domain knowledge. The only disadvantages I have seen with this method is that it can be time-intensive and may lead to limitations with certain sportsbooks. In bottom-up betting method, you form your own opinion about the odds by building models or using qualitative insights and tools, which can be particularly useful in less efficient or derivative markets. The advantage of this betting method is that the bettor has a greater control over their analysis, it is suitable for inefficient markets. However, it can require more resources, domain knowledge, and may be harder to quantify the edge. I think most punters are bottom-up bettor. So which are you, a top-down or bottom-up bettor?

Bottom-up. In the end, we are fighting with the bookmaker's opinion (even if it is based on cash flows = the opinion of other players) and the margin which is against us. If I see distorted bets, then I easily bet on them. Placing bets according to a top-down scheme is very difficult, almost impossible, since you do not have accounts with each bookmaker and round-the-clock time to track quotes and catch a change of 1-2%.

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October 25, 2023, 07:59:33 PM
 #9

The two methods in sports betting which most of use but are not aware of are the top-down or bottom-up betting method. In top-down betting you find a reliable source of information which is often sharp sportsbooks and look for better odds elsewhere which creates positive expected value bets. The advantages of top-down betting is that those who have used it have a proven track record of success, and with it, you only need minimal sports domain knowledge. The only disadvantages I have seen with this method is that it can be time-intensive and may lead to limitations with certain sportsbooks. In bottom-up betting method, you form your own opinion about the odds by building models or using qualitative insights and tools, which can be particularly useful in less efficient or derivative markets. The advantage of this betting method is that the bettor has a greater control over their analysis, it is suitable for inefficient markets. However, it can require more resources, domain knowledge, and may be harder to quantify the edge. I think most punters are bottom-up bettor. So which are you, a top-down or bottom-up bettor?
Im a bottom-up bettor on which this is really that what im doing.Its true that when it comes to that quantifying the edge which it is really that something real but it doesnt matter much as long
it would really be reaching out on what you are that anticipating or expecting then that what surely counts.

Bottom-up. In the end, we are fighting with the bookmaker's opinion (even if it is based on cash flows = the opinion of other players) and the margin which is against us. If I see distorted bets, then I easily bet on them. Placing bets according to a top-down scheme is very difficult, almost impossible, since you do not have accounts with each bookmaker and round-the-clock time to track quotes and catch a change of 1-2%.
Yes, trying to make multiple accounts just to hedge out with those minimal percentage differences would really be that needing that effort and somewhat really that tiring
on just trying to see those differences on which not really that worth for the work and time but if you do have that sufficient time then you could
really be able to waste up on that manner.  Smiley

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October 25, 2023, 11:37:44 PM
 #10

Sometimes I am a bottom- up bettor.
When I am like 80% confident in the outcome of the game then I am the bottom up at approach method. Mostly relying on my deep knowledge of the teams, player, historical records and what have you.
The top-down approach is also used too. I feel like this is a lazy method for people who don't want too much stress. This method my lead the bettor eventually to the bottom up method if he encounters any frustrations.
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October 26, 2023, 12:43:49 AM
 #11

I don't normally bet on sports that I don't know. Whenever I bet on NBA games, for example, I have sufficient knowledge to be somehow assured that my bet is reasonable and has a good chance of winning. Of course, this includes opinions of others especially experts. Having said this, I rely on whatever analysis I come up.

But sometimes I have my own analysis that I don't care what the experts are saying. Watching a DOTA II game, for example, you may hear commentators speak of how one team's picks seem stronger than their opponent's. After consideration, if this still goes against my own way of looking at it, I stick to my decision.

So I guess that makes me a bottom-up bettor.
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October 26, 2023, 02:27:16 AM
 #12

Even though i've tried both of them, i'm mostly a bottom-up bettor because I noticed there are only a few different providers that most crypto sportsbooks use. I could still spend a few minutes shopping to get better odds but the best ones are always on the fiat sportsbooks and betting exchanges. Those usually require KYC and that's a pass for me, i'd rather stay with the sportsbooks and take the juice on their markets than get verified when I don't wager that much.

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October 26, 2023, 07:04:09 AM
 #13

It seems like I use these two methods because when I don't want to analyze but I know the match and also know the teams that will compete, I just look for which team has a greater chance of winning. And I will immediately place a bet but not bet big money. When I want to bet using my analysis and looking for more information about the match, I will look for it as best as possible to know which team can win. The most important thing about the two methods above is that you know how much money you want to use to bet and stay within the limit you can afford. That will save you from bigger losses so that if we lose, our losses will not be big.

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October 26, 2023, 07:25:20 AM
 #14

Though they use these methods, many casual bettors are unaware of them. Top-down betting from clever bookmakers seems like a shortcut for non-sports fans. Relying heavily on external sources, even if proved, can waste time and put one at odds with some bookmakers.

What about the bottom-up method, which shouts autonomy and control? Control brings responsibility. Modeling and qualitative insights are difficult. It takes time, money, and game knowledge to use this strategy. I believe the ideal sports betting strategy is a hybrid approach that makes the most of both worlds. Opinions on that? When we can use both methods, why limit ourselves?

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October 26, 2023, 07:28:28 AM
 #15

So which are you, a top-down or bottom-up bettor?
I believe I'm more of a bottom-up bettor because I calculate my own game odds and don't depend on others for them. Whether someone is a topdown or bottomup bettor depends on how they like to do sports betting. Some bettors might choose one way based on their skills and the kinds of markets they like. Your decision relies on your betting style and how much you're ready to put into it.
Same here, I only ever bet on sports that I know and on players/fighters that I am most acquainted with, so I am pretty confident about my own deductions, although top-down doesn't sound so bad either despite the disclaimer about it being time-intensive. If that's what it's going to take for me to consistently win games and earn more money to put into my bankroll, I'd be willing to do the homework and spend time learning the things about that sport. Bottom-up players should not let their ego take a hold of their judgement though, cause if you got a little ballsy and bet on games that you don't know scat about, you're going to most likely lose even if you're the biggest fortune-teller on the planet lol.

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October 26, 2023, 09:36:03 AM
 #16

Might be better if the OP put up a poll so that we will know how many of us are using this kind of methods.

But I guess like the rest of us, bottom-up betting method. I mean for example in sports betting, we only play or bet on the games that we are more familiar with. Like basketball for example, it's one of the most well known sports here in our community and we have a lot of members who bet on that game (including myself). And if you look at the tips, it's almost that it is based solely on their analysis and not on someone tips or something. Maybe there are a few here who find some reliable tipster and follow them, it might not be a good idea though as that tipster might encounter some losing streak or be on a negative for a certain sports.

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October 26, 2023, 10:41:17 AM
 #17

Bottom-up. In the end, we are fighting with the bookmaker's opinion (even if it is based on cash flows = the opinion of other players) and the margin which is against us. If I see distorted bets, then I easily bet on them. Placing bets according to a top-down scheme is very difficult, almost impossible, since you do not have accounts with each bookmaker and round-the-clock time to track quotes and catch a change of 1-2%.
Yes, trying to make multiple accounts just to hedge out with those minimal percentage differences would really be that needing that effort and somewhat really that tiring
on just trying to see those differences on which not really that worth for the work and time but if you do have that sufficient time then you could
really be able to waste up on that manner.  Smiley

There is no point in hedging bets to get a guaranteed profit. You just freeze more money and the average profit is the same if you just look for value and place a bet. Somewhere on the forum I saw a topic in which this was shown purely mathematically. And do not forget that one way or another bookmakers do not like those who hedge bets, it is clear that it is up to the player where, how and how much to bet, but this can cause problems in some bookmakers.

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October 26, 2023, 11:52:09 AM
 #18

some odds are only offered by some platforms. as only some platforms have certain characteristics.
the best strategy is always the one in which you have the most confidence in the style of play.
adapting the style of play is possible but never It cannot be changed completely.
By the way, I think also that only few gamblers in sports have these approaches.

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October 26, 2023, 12:08:37 PM
 #19

In my opinion, I think I've tried both, it just depends on my interest in the sport I want to bet on. For example, if I don't know much about a sport but want to try it, and maybe I'm tempted to bet on it, or perhaps because I see others showing interest in it, but that rarely happens. Most of the time, I still make my own analysis when betting, I make my own decisions and I think about who has the guts to win. So yeah, maybe I can consider myself a bottom-up bettor too.

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October 26, 2023, 03:33:13 PM
 #20

most of the other users who have answered on average all choose bottom-up betting because in this way I am more satisfied with the results of my own analysis and I am also one of them because the satisfaction when I get a win from the odds that I have calculated myself is more satisfying and enjoyable even though its not always right, its rather boring from top-down when you have to follow the results of other people analysis which also does not necessarily give you victory and even though you can win, its not a challenge for me.

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