Does possessing information play an important role in betting ?

[qwertyup23]

Do you apply  this strategy while gambling?
-How do you benefit from it ?

What strategy? You have said nothing about any gambling strategy. I do not think you even know what you are talking about. There are many strategies that gamblers are using while gambling but what you said is just not giving any useful information about any gambling strategies.

I agree that OP mentioned nothing about this said strategy.

Though this may be the case and for purposes of discussion, let us discuss the effects of employing various strategies in the gambling sphere. There are multiple strategies that most gamblers employ whenever they gamble as each technique is different per game. For example, the strategies employed in poker are different on the strategies that are designated for blackjack or other card games.

These strategies help the player in order to at least have a slight advantage over the game. Effectively, this lowers the risk of the gambler losing and it gives them a relatively competitive edge against the house.

In conclusion, while there may be some general strategies per game, win is still not guaranteed in this process though should be still be used and exercised.

[Hirose UK]

-Do you apply  this strategy while gambling?
-How do you benefit from it ?

Information is one of the interests that every gambler must prioritize, having information related to various gambling activities, whether in the form of sports betting or games of skill, can increase chances of winning.
Indeed, guarantees do not necessarily guarantee victory, but as gamblers we must be able to always try to increase our chances of winning in every bet we make.
I myself consider information to be the main factor that can provide success, even though I myself still often experience defeat, having more information can also be beneficial in the long term as form of learning.
Moreover, the benefits that can be taken are not only for learning to increase knowledge but also enable us to better understand each game or bet that we have previously done lot of.
Gamblers who cannot understand and learn from various sources of knowledge will in the long run only become careless gamblers, they will only continue to bet and play with ambition, thereby allowing for more failures to occur.

[Gozie51]

Possessing the correct information in the world of gambling is an advanced and useful step, as it makes the player play more comfortably without pressure from other players, which can change the course of the game at any time, increase the percentage of chances of profit, and reduce the percentage of losses on the other hand.

Information is key to every part of life no doubt but you didn't tie it to your post in any form.

So, what kind of information will a gambler possess that the other gambler doesn't possess? I mean every one in the gambling circle knows the leagues if you are talking about football and if they want to seek for more information to analyze their games they do further research and analyze their game which could fail or win just like any other gambler. I don't see anything special that you are saying about information in gambling. The internet is there to source for sites to help the gambler except they are lazy. Moreover, there are no perfect prediction and that is why gambling is still luck based

-Do you apply  this strategy while gambling?
-How do you benefit from it ?

What strategy precisely? Strategy of information?  

[uneng]

Possessing the correct information in the world of gambling is an advanced and useful step, as it makes the player play more comfortably without pressure from other players, which can change the course of the game at any time, increase the percentage of chances of profit, and reduce the percentage of losses on the other hand.

It can help in some gambling games, but to have access to informations isn't the decisive factor, anyway. Gambling is a game of luck and results are random and unpredictable, therefore to solely have access to informations won't decide the game at your favour. Moreover, informations will always depend on the interpretation your will make from them. Informations are facts, they are always correct, but the personal meaning they have to you might be wrong or innacurate, leading you to mistake when gambling.

Let's point out an example. In a sports match you have access to many informations about the two teams involved on the competition. However, you value one information more than other in order to choose which team to bet on. However, the information you valued the most, might not be the one you should be paying attention to.

That is what happens in many games where everyone is focused on the advantages of the favorite team, although in the end the underdog wins, because people weren't judging the informations which favoured the underdog to be important. As you can see, it's not an exact science, and the variables are many.

[Woodie]

Of course information is needed for you to succeed in gambling!

As a matter of fact, it's through this information  that helps formulate a strategy for you to give yourself a winning chance...if it's sports gambling information is very vital to give yourself an edge over the markets..say you have information regarding key players not to play a certain fixture, then this tells you this said team won't be as strong as they would be with their key player...if it's slots, you would know that through favourable RTP, if you have say 300 spins then by probability the slots will pay for sure and it's all through information.

You have to be specific with what type of gambling you are talking here... I pressume that it's sports betting, right?

Possessing information is a must but it does not guarantee that you'll win with the information you have. 

Totally agree, which is why with this information it does raise your winning probability by far... which is why several of these websites with sporting information remain relevant for gamblers to use to their advantage.

[Ever-young]

Of course information is needed for you to succeed in gambling!

As a matter of fact, it's through this information  that helps formulate a strategy for you to give yourself a winning chance...if it's sports gambling information is very vital to give yourself an edge over the markets..say you have information regarding key players not to play a certain fixture, then this tells you this said team won't be as strong as they would be with their key player...if it's slots, you would know that through favourable RTP, if you have say 300 spins then by probability the slots will pay for sure and it's all through information.

You have to be specific with what type of gambling you are talking here... I pressume that it's sports betting, right?

Possessing information is a must but it does not guarantee that you'll win with the information you have. 

Totally agree, which is why with this information it does raise your winning probability by far... which is why several of these websites with sporting information remain relevant for gamblers to use to their advantage.

Knowledge is indeed powerful, especially when it comes to gambling! Knowing the rules and strategies of the game you're playing can mean the difference between winning and losing. And don't underestimate the importance of having up-to-date information on topics such as player injuries, team dynamics, and even the odds offered by bookmakers.

Having access to this type of knowledge can help you make more informed decisions and gain a competitive advantage.

[Taskford]

Of course information is needed for you to succeed in gambling!

As a matter of fact, it's through this information  that helps formulate a strategy for you to give yourself a winning chance...if it's sports gambling information is very vital to give yourself an edge over the markets..say you have information regarding key players not to play a certain fixture, then this tells you this said team won't be as strong as they would be with their key player...if it's slots, you would know that through favourable RTP, if you have say 300 spins then by probability the slots will pay for sure and it's all through information.

You have to be specific with what type of gambling you are talking here... I pressume that it's sports betting, right?

Possessing information is a must but it does not guarantee that you'll win with the information you have. 

Totally agree, which is why with this information it does raise your winning probability by far... which is why several of these websites with sporting information remain relevant for gamblers to use to their advantage.

Knowledge is indeed powerful, especially when it comes to gambling! Knowing the rules and strategies of the game you're playing can mean the difference between winning and losing. And don't underestimate the importance of having up-to-date information on topics such as player injuries, team dynamics, and even the odds offered by bookmakers.

Having access to this type of knowledge can help you make more informed decisions and gain a competitive advantage.

Indeed its important since we can't win on the game if you don't have any knowledge on how we can deal on the game we choose to gamble so having great information will give us great advantage to win. Especially on sports betting which we really need to learn first about the current situation happening and get an updates to the team so that we could provably know what are those teams have better chance to win compare to their opponents. But in other type of games like giving random results maybe we still need that but can't expect to get any accurate result since all result will show randomly so we should lower down our expectation then just enjoy.

[coin-investor]

Possessing the correct information in the world of gambling is an advanced and useful step, as it makes the player play more comfortably without pressure from other players, which can change the course of the game at any time, increase the percentage of chances of profit, and reduce the percentage of losses on the other hand.

-Do you apply  this strategy while gambling?
-How do you benefit from it ?

Not only information about the game you're playing and the strategies you can employ but also the casino you're playing, adequate knowledge when gambling, especially online, is essential.

We have seen a lot of players filing scam reports because of not allowing their withdrawal to be processed only to find out that the said player made a violation of their terms because of overlooking or not fully understanding the terms of the casino.

We are putting money in casinos so we should be guided on what to do and what not to do, casinos are strict with their rules, so if you of not want to be caught off guard be informed.

[Zigabel]

Analysis before placing any form of bet is very important because if you don't analyse, the n there's no yardstick for which you will make your picks and this will only mean that you are just doing a random pick and expecting to be lucky without creating a chance for yourself so Incase you get lucky you would have a great chance of getting good sum of money from the bet which you did placed. Gambling without analysis for me only means that you are just luck dependent and may probably not have an idea of what you are doing so you just made random picks.

The analysis anyways shouldn't be based on one thing alone except if you are probably aiming at playing based on a particular option els if you actually want a win playing different options then you should make your analysis on a more broad range so you you can broaden your chances.

[Yatsan]

-Do you apply  this strategy while gambling?
-How do you benefit from it ?

Well, somehow it has a point in prticular with analysis however, things aren't that easy especially in gambling. There are many 'intelligent' gamblers, for sure, but we cannot say that each of them are successful in gambling. Reason will always be one's luck. As I always say, you may use your thorough analysis or use the strategy you want to increase your chances of winning but nothing will change if you are simply unlucky, then outcome will be the same. Bottomline is, information could help you reduce the tendency of losing but will never guarantee winning.

Research for the information is a must things for gamblers who wants to place a bet. Without information, they will not be able to pick the right teams that can be the winners. They can analyze each teams from the information that they gets so they must search many information from many sources. The benefit of having many information is we can knows which teams that have a bigger chances to win because we collect many information about each teams so we can makes a decision and pick the right teams. Besides of that, a gambler must know how much money he can used to places a bet and don't used too big money if he doesn't want to lose big.

Information, conclusion, and basis are helpful on deciding which one to bet but why aren't all gamblers are not using such strategy? One reason; they rely with luck and it's not a bad thing. That's simply how gambling works in the first place. A gambler could make a research before betting or just let his/her luck to dictate the outcome of his/her bet. It is a matter of choosing what will best work for you. Eitherway you won't be certain of winning, so just do what will make you comfortable, spending your money with.

[Maslate]

You have to be specific with what type of gambling you are talking here... I pressume that it's sports betting, right?

Possessing information is a must but it does not guarantee that you'll win with the information you have. it's still vital on how you'll analyze that information so you can use it to help your chances increase. Information nowadays is easy to find, especially on major leagues, it's all over the internet, but then again, it will all boil down on how good we are in analying that information we derived.

Yes there is no type of bet mentioned by the OP above so it makes us have to think hard to try to understand what type of gambling is actually being discussed, because obviously there are many leading types of gambling and the OP did not say any type of gambling in his statement, looking at the idea it seems that yes he means the type of sports betting because it is related to information, because it is impossible if the method described above is useful for a type of gambling that is purely a matter of luck.

Sports betting requires us to have insight, experience and also skills in analyzing and also as you said that information is also an important part in this because it will obviously be able to increase the chances of winning or bring us closer to the possibility of winning. I have to admit that information on a team does help if you are involved in this type of sports betting, but yes at the end of the day obviously the possibility of losing can never be completely avoided, because after all this is a betting activity where all gamblers will have two possibilities at the end of the session which is between winning or losing, and maybe I would say that the information you have is still dependent on your luck to actually win.

If we just based it on luck then there's no reason to acquire that information and try to give some effort analyzing it. Sports betting could be a skilled based type of game depending on the person who is gambling, if such gambler is more ambitous and would try to make a venture to make a living in gambling, then that venture will be quite challenging but it's not impossible to make a living in gambling, particularly in sports betting.

[Queentoshi]

-Obtaining information and analyzing it to ensure its validity before using it to avoid falling into the trap of fallacy.

Information is power and because of the Internet and because information no longer passes through a singular source for validation, we need to be very careful about the kind of information we take in before placing a bet because wrong information will influence you the gambler into making a wrong choice.

-Ensuring the confidentiality of information, as the gambler must make sure that he is the only one who possesses the correct information and falsify it in order to deceive others.

In games like sports betting or other kinds of games where it is a gambler competing against the casino or house, I don't think information needs to be kept or falsified to deceive others because the information to another person can be a tip to help them win.

[Lanatsa]

Hi,

-Do you apply  this strategy while gambling?
-How do you benefit from it ?

Totally depends on what kind of gambling games that you are dealing whether a pure luck ones or strategic ones like sports betting and poker/card games. Its impossible
that we cant really be able to determine on which one is really that something which is really that needing that seeking off such information just for you to increase up that winning chance
on which we know that this is something that would really be that applicable and something that recommended because if you've been dealing up with some games that
doesnt really requiring any analysis like with those dice or slots then it would be that something understandable.

It is really just that you would really be able to realize and find out for yourself which one would really be needing up to be applied
and which one wouldnt really be that relevant.

[Oshosondy]

Probably you didn't read my topic well that's your fault, it is very simple to understand what I am trying to say and obtaining correct information in any gambling type. For instance let's take sport betting in this example, to start betting and chose the good matches or teams to favor you will need much information about that team before betting on them, such as the team injured players, the tactic they will use against the opponent, studying the other team tactics and players.
Another example is slot games, before chosing the good slot game for you using a specific capital or betting balance, you will need to read and get much information about that game such as minimum bet, free spins, maximum win, good RTP and auto spin for example, some slots they require higher balance than others.

I didn't have to give you much details like these ones above, however, my topic is explaining how obtaining information is also considered as a strategy for gambling, without that you may keep losing your money, not enjoying your activity beside wasting your time with wrong games for you.

If you have explained better like this, it would have been better. See this yourself:

-Ensuring the confidentiality of information, as the gambler must make sure that he is the only one who possesses the correct information and falsify it in order to deceive others.
-Use them at the right time to control the game and betting.

This makes it not straight forward and confusing, especially the part that I bolded.

Let me also tell you, while gambling, you are not the one in control, it is the gambling site because no matter how certain a match outcome can be, it might be otherwise. Also that in sport betting, the bookies are using odds not to be in favour of the bettor and using it to earn more from gamblers.

[Promocodeudo]

Yes information do but that's in the are of current form and the line up for such match, if you know the history of a club and the head to head between them and the team they are going to face you can actually use it to predict the game, and also if you know the lineup of a particular game it possible for you to bet the game and win but what I don't know if they do expose the lineup of a match before it starts, information plays it's own role in winning a bet, but knowing the best selection helps a good gambler to win, gambling is not done without being conversant with the team.

[famososMuertos]

What strategy? You have said nothing about any gambling strategy. I do not think you even know what you are talking about. There are many strategies that gamblers are using while gambling but what you said is just not giving any useful information about any gambling strategies.(+1)

Probably you didn't read my topic well that's your fault, it is very simple to understand what I am trying to say and obtaining correct information in any gambling type. For instance let's take sport betting in this example, to start betting and chose the good matches or teams to favor you will need much information about that team before betting on them, such as the team injured players, the tactic they will use against the opponent, studying the other team tactics and players.
Another example is slot games, before chosing the good slot game for you using a specific capital or betting balance, you will need to read and get much information about that game such as minimum bet, free spins, maximum win, good RTP and auto spin for example, some slots they require higher balance than others.

I didn't have to give you much details like these ones above, however, my topic is explaining how obtaining information is also considered as a strategy for gambling, without that you may keep losing your money, not enjoying your activity beside wasting your time with wrong games for you.

But if you are contradicting yourself with your own argument, "the information", you are not giving the correct information and you give a context open to rambling, that is, what you are trying to promulgate you are not doing well, the reality is there, in what you write.

Technically you released what is called in slang; a pot of smoke.

In practical reality, making a bet is something as simple as putting a $0.10 coin (one penny) in a slot, turning the button and the "candy" comes out. Applies to any game in reality. It's something you do instinctively.

Then, there will be some gambler who are only interested in the candy and don't care about its flavor, if the cost-benefit of the flavor is adequate, if you make it very often, what kind of candy it is, etc.

The bet is something intuitive, sometimes the basic information is so irrelevant that you just need to press a button, for example in the case you mentioned Slots.

In sports betting it is the same case, you decide to bet on a match based on the information you have, and sometimes not even that, you just put "$1" for the best probability, period.

In the case of poker, your skills can be empirical, there are guys who simply learned everything they know by playing, because it is a game, at least the essential one, where information circulates and changes constantly sitting at a table with each hand that is played.

There is Blackjack, where by playing a couple of hands you can know that this is not your day and you should be careful or just leave.

In any case, many games do not need any type of information, and in some bets (or casino games) all that information can be acquired empirically.

(Traditional games of Casinos): *regardless of whether you are a player with a lot or little information, the result will not change because you have advanced information on how a certain traditional casino game works or knows how.

Now, where your idea applies, which is not all casino games, (since as I said, sometimes you only need five fingers, it is common sense, for example, Dice*), which would be sports betting, poker, BJ , the information is relevant according to the type of player you are, fish, recreational, semi-professional. professional, high roller, millionaires.

Then, knowing and having certain information is decisive in the long term to lead you to have better results in your profits, without a doubt.

Hence, you cannot include in your premise all the betting games or all the types of bets, in fact, you can be the best poker player in the world and be a loser.

I think title it's fine, but you embarrass it with your context, and then I read you at quote above (reply),you ruined that good title your topic had...

Code:

This is good:
Does possessing information play an important role in betting? yes.

Wrong
OP: context and reply:No

[Zadicar]

Yes information do but that's in the are of current form and the line up for such match, if you know the history of a club and the head to head between them and the team they are going to face you can actually use it to predict the game, and also if you know the lineup of a particular game it possible for you to bet the game and win but what I don't know if they do expose the lineup of a match before it starts, information plays it's own role in winning a bet, but knowing the best selection helps a good gambler to win, gambling is not done without being conversant with the team.

Knowing history or knowing those informations would really be something that totally relevant because you are dealing on sports betting on which it would really be requiring out such
information seeking because having none is just like that you are a blind person on the time that you would really be having that kind of behavior. Just like on what most people been saying
that if you are dealing with luck based games then research and any information wouldnt really be relevant but on the time that you would be dealing up with those sports betting
or even making use of that skill or whatever knowledge that you do have.

[killerfrost]

It's not just blind luck.  Information is king in this game.  The more you know about the teams, the players, even the weather conditions, the better equipped you are to make informed bets.  It's a constant battle for insights, an analytical chess match against the odds.

Information alone isn't a guaranteed ticket to victory.  Even with a treasure trove of data, there's always an element of chance.  An unexpected injury, a bad call by the ref, a player having an off day – these can all throw a wrench into the best-laid plans.

So, is information enough to overcome luck entirely?  No.  But it's a powerful weapon in your arsenal.  Think of it like this having the right intel gives you a significant advantage in a game of chance. You can't control the outcome, but you can definitely stack the odds in your favor.

[LUCKMCFLY]

The possession of important information in a gambling game, this sounds like the game is already rigged and that only a few know that and if it is or is like that, obviously the people will have a huge advantage and will always win. , but based on cheating, I agree that in sports there is still a lot of corruption, I have seen it recently, but I am not sure if it is corruption or not, if it is intended for important information of others, but what I have seen lately in football with certain games, like in the League, the time when Real Madrid scored a goal in the last minute and it was disallowed because the referee whistled, well that seems very strange to me and it looked very bad, in reality this is something that makes us To think that something could or could have happened there, besides the trip to Bellingham, that's something else, okay, he said something rude, but come on, everyone says rude things, those of us who play soccer know that we don't say a lot of them, and As fans in an important game we are even more so.

So if it is important and has a lot of monetary value to have privileged information in sports, because that is how you make a lot of money, by cheating but you win, and ethics in referees as well as in other things has been lost, unfortunately it is still like that.

[umbara ardian]

Information overload is a real problem.  There's a constant stream of stats, news, and analysis.  Sifting through it all to find valuable insights takes time and dedication.  You could spend hours researching, and there's no guarantee you'll uncover the hidden gem that guarantees a win.

Even with all the knowledge in the world, sports are inherently unpredictable.  Injuries, bad calls, or a player just having an off day can throw a wrench into the best-laid plans.  Remember that underdog team that beat the odds?  Yeah, that unpredictability is what makes sports exciting, but it's also a gambler's ultimate nemesis.

Knowing how much to bet is just as crucial as knowing about the teams.  Setting limits and sticking to them is key to responsible gambling.  Losing is part of the game, and going all-in can lead to financial ruin faster than you can say "instant replay."