Does possessing information play an important role in betting ?

[topbitcoin]

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."

Spending the time we have on something that is uncertain is a waste. However, placing bets without a strategy, without digging up further information about the bets we take and also without carrying out in-depth analysis, is the same as wasting the money we have for nothing.

And you are right that the effort we put in and the betting strategies we employ are not a guarantee that we can win, or make a profit in the long term, because this is impossible. But at least by doing this, we will always be able to increase our chances of winning. being confident and focusing on skill-based gambling relying on the information we obtain as well as the analysis techniques and strategies we employ, seems to be a better approach. Compared to betting carelessly and leaving the final result up to luck.

But even though we are quite good at doing match analysis, never forget that there is such a thing as the luck factor... in the sense that no matter how good the analysis we make is not the main reason we get a win, because it could be influenced by the luck factor that we have. And we need to recognize this limitation and be able to limit the betting activities that we often do, that they are done solely for fun, not to generate profits in the long term.

[Mrbluntzy]

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.

Absolutely I was also wondering the strategy OP was referring to become he only talked about getting information to be used in gambling different from any strategy I know. Every gambler have their various strategy which some people may not even want to tell others about it because they believe it's just supposed to be their wining strategy alone.

[arjunmujay]

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.

Absolutely I was also wondering the strategy OP was referring to become he only talked about getting information to be used in gambling different from any strategy I know. Every gambler have their various strategy which some people may not even want to tell others about it because they believe it's just supposed to be their wining strategy alone.

Maybe what OP means is getting a lot of information from outside to use as material for making the best bet. for example, when playing sportbet, of course as a support for betting, we need to get very complete and detailed information about the team we choose. We work on everything, both from the players and the team itself so that we don't make the wrong choice.
but that's what I think. Wait what OP says next regarding the strategy he really means.

[Bananington]

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.

Absolutely I was also wondering the strategy OP was referring to become he only talked about getting information to be used in gambling different from any strategy I know. Every gambler have their various strategy which some people may not even want to tell others about it because they believe it's just supposed to be their wining strategy alone.

Maybe what OP means is getting a lot of information from outside to use as material for making the best bet. for example, when playing sportbet, of course as a support for betting, we need to get very complete and detailed information about the team we choose. We work on everything, both from the players and the team itself so that we don't make the wrong choice.
but that's what I think. Wait what OP says next regarding the strategy he really means.

Information definitely plays a vital role for bettors and as carefully analyzed here, sometimes the calibre of players to be fielded by a winning team might be a decider if you bet on highest or lowest goal average instead of going for a straight win or loss or draw. That is the information on the star players performance and health and consistency.
Also, information on the betting site one uses is pivotal as constantly ignoring notifications or newsletters may make a bettor be outdated and easily cheated while using a betting online site.

[2Pizza410000BTC]

Hi,


Information plays a major role in anything we do in our daily lives: work, study, investment, and undertaking projects in general, and possessing it is a useful strategy if we exploit it well.

In some fields, possessing information is considered more important than anything else, and obtaining it is difficult. Its importance is highlighted in the ability of the owner of the information to manipulate it as he wants and use it at the appropriate time and in the appropriate place for personal or public benefit.

In gambling, for example, we find that one of the strategies of a successful gambler is to always strive to obtain every piece of information that he can benefit from in order to use it to his advantage against other players or the casino, and his plan of action lies in:

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

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 ?

I agree that having information about any subject or job is very important. If you collect information it will be very useful for you to do any work, but I have never had such an experience on a gambling platform, but thank you for presenting such an experience so nicely here. Actually I participate in gambling platforms only for entertainment but I participate only for sports so I can perform well in betting. I never use gambling outside of entertainment and as a means of earning and also I never participate in table games dice etc on gambling platforms so I don't consider data collection much.

[Pi-network314159]

Hi,


Information plays a major role in anything we do in our daily lives: work, study, investment, and undertaking projects in general, and possessing it is a useful strategy if we exploit it well.

Information is the key factor to success, not only in gambling but applicable to all aspect of  life. In whatever you do seak usefull information to enable you achieve a better result. Like me, the level where I am now in life is as a result of information. Also In Gambling the first big amount I won was from the information of playing with lesser odd than playing multiple, so I changed pattern before I started wining compared to my early days of my gambling.

[borovichok]

Information is power. The difference between a successful gambler and an unsuccessful gambler is information. Most successful gamblers especially in sports betting try to gather accurate information about a game before it is added to their selection. This may not attract a 100% winning rate but can help mitigate the risks and losses in gambling. Some gamblers don’t worry about getting information about a game since they believe that gambling is strictly a game of luck and winning is not predetermined by the information but by chance. In my understanding, even though no amount of information can guarantee winning all the time, the role of information is indispensable in gambling.

Knowing the list of injured players, head-to-head statistics, morale, new signings, home advantage etc can help a sports bettor make better predictions. I have always researched games before I add them to my selections and I can boldly say that I am profiting from gambling. Even though I don’t win every day, I still record significant wins that override the losses.

[iv4n]

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

Well, since we are in the gambling section I guess that benefiting means placing a bet and winning from the information we have. But placing a bet and winning are easy parts, getting to some "valuable info" is the hard part.

So the first question is how many people are actually in a position to get/have some really valuable information? I think you are wrong if you think that valuable information is what we read on the internet, where's the point in information if everyone knows about it. Valuable info is when just a handful of people know about it... and if you have some insider info I guess you need to be careful with that. Insider trading/gambling can be illegal depending on your source.

[bluebit25]

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

Yep, having information plays an extremely important role in betting but imo a player is not too concerned about the results, I feel there is no need to be too complicated to make things difficult for yourself. I agree that it can help you increase your chances of winning, reduce risks, increase confidence and enhance your betting experience. But no matter how good the analysis is, there are still deviations that we cannot guarantee good results. Although I am not too picky, in some sports betting situations it is not always rely on emotions to choose, through research and collecting information about teams, athletes, events,... we can make more accurate predictions and increase our chances win.

[EarnOnVictor]

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

If you are relating the things of life with the things of gambling then you could be making a grave mistake that will rather not help but deceive you. Information is good, but no matter the information you have regarding gambling, if you do not know how to utilize it well but believe it is what will help just like that, then you can't move forward in it. Getting the information, digesting it and blending facts together give the best in gambling. You need to subject the information to analysis and get to use your learned skills about the particular games to know the best way to go about in utilizing it for your good. It is often not easy at all, that is why mere information will not yield anything but your skills could be of great help even without huge information at your disposal other than the common ones you know.

Also, this information of a thing is good with sports betting and not the casinos, and no matter how much the information you know about casinos, it may still not be of help to you because that is working based on certain programs. So information is not adequate here to earn to you but your skills, instinct and luck.

[boty]

Information is the key factor to success, not only in gambling but applicable to all aspect of  life. In whatever you do seak usefull information to enable you achieve a better result. Like me, the level where I am now in life is as a result of information. Also In Gambling the first big amount I won was from the information of playing with lesser odd than playing multiple, so I changed pattern before I started wining compared to my early days of my gambling.

When we have the key to being able to win the bet that we are going to play then this will make it very easy for us to use it on the bet that we are going to play and it is very important for us to be able to know correctly about the game that we are going to play so that we can win the bet. That is, when we choose to bet alone in the gambling we play of course this can make us focus more on the game we are playing, but if we play with friends of course it makes us unable to focus on the strategy we use and there will be suggestions from people who are close to us so that we cannot play according to our wishes.

[aioc]

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 ?

Even if it is a game of chance you should stock yourself with knowledge on what you're betting, if it is a game of luck it will only take you a few minutes to fully understand the game so why skip understanding the games that you're playing if it's a sports betting you should at least understand how the game works and just get additional tips from the experts, you should also understand the rules and terms of the casinos you're playing so you will not get into any trouble.
You always have an edge if you fully understand how things work on something you will put time, effort, and money.

[Ever-young]

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

All I could read from the thread is just a whole lot of information possession nothing about gambling in particular, but if what I’m thinking is what you mean, which is having enough data about an upcoming match like there previous games played the scores on those games and how prepared both team are for there next round of game (sport betting) then yes accessing such information can help you make a better prediction on what the result of there next game will be and your chance of winning will be a bit higher compare to an average betting without knowing previous match result.

[Z-tight]

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.

This can help, but you can gather as much information as possible and still lose the bet. What i know is that some gamblers do not pay any attention to details like this, they just decide on the teams that they think would win and they put money on them. However, some gamblers engage in analysis of the different teams and looking for reasons to either stake on them to win, lose or draw, if you ask me i would simply tell people to do what they believe works for them.

[sompitonov]

When I place a bet on a sporting event, I try to collect all the information I can find, this could be past games of teams, their head-to-head meetings, as well as whether the star players will take the field in this match or will not be able to do so due to injury. I focus specifically on the bet itself and approach the analysis very carefully; for me, the interest is in the process itself, then it’s more interesting to watch the game itself. In exchange for quality, I don’t focus on the number of games and I’m not going to bet on something I don’t know, like some people, in an impulse to win back, bet on everything.

In general, I collect any information before making a responsible and balanced bet, although several years ago I was almost not interested in this and I could bet on any game without going into details at all.

[Outhue]

Hi,


Information plays a major role in anything we do in our daily lives: work, study, investment, and undertaking projects in general, and possessing it is a useful strategy if we exploit it well.

In some fields, possessing information is considered more important than anything else, and obtaining it is difficult. Its importance is highlighted in the ability of the owner of the information to manipulate it as he wants and use it at the appropriate time and in the appropriate place for personal or public benefit.

In gambling, for example, we find that one of the strategies of a successful gambler is to always strive to obtain every piece of information that he can benefit from in order to use it to his advantage against other players or the casino, and his plan of action lies in:

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

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 ?

Information before gambling in another language is doing the right analysis, it makes sense to think this way but this has nothing to do with your gambling strategy, even if you have access to the right information how will this protect you as a gambler? Your topic says nothing about how to be a good gambler.

Sorry to say, if having information is all you have, you will still lose a ton of money, the information doesn't increase your chances of winning, because at the end of the day, it is luck that will decide the fate of your bets, many people that I knew are so into football that they know everything about it, those footballers that are leaving a club for another, the club that's buying new players, how much each player cost the football club, etc, yet they lost tons of money to gambling.

The best thing to learn is how to manage your gambling account very well so that it won't hurt you and your future self, even if you have no access to the right information and you can risk only what you can afford to lose, you are still considered a good gambler, how much you can afford to lose is everything with gambling, you know this you've to know everything important about gambling.

[Maus0728]

Of course, and depending on how valuable that information is, it's going to be the deciding factor why you'll want to bet on a game, take for example in basketball, the top scorer of a team is injured was injured during a practice, albeit that top scorer was able to recover, signs of recovery from injury is showing in his/her performance which ends up affecting their game performance that could lead a team that's not really in the zone which might lead to a lose that information is valuable in a sense that you wouldn't want to bet on them because they're likely to lose, there's a reason why insider betting or game rigging is illegal, that information is going to up your chances of winning by a 100% since the game is fixed, you'd know already who's going to win.

[Asuspawer09]

It wasn't clear since you didn't mention the specific strategy or information that you are telling But for sure it is a very important thing to have on gambling the information.

What I mean by this is having that information is for sure going to help you win, increasing your chance of winning,what I'm talking about is having some kind of analysis, strategy, or pattern etc. Like for example if you are going to just bet on sports gambling since you can't really predict accurately whose going to win you could just pick anyway, but if you are going to analyse or if you already watch like for example NBA, know the players, stats etc. Somehow you have a good idea which team is stronger and whose team has a higher chance of winning. It might not be accurate for sure, but it surely going to increase your chance, if your going to match a NBA team to a normal team Its pretty obvious that the NBA team is going to win, but if you dont have that information your just gonna bet on anyone anyway since you dont really know anything about it. Strategy as well, is going to work if you know what information is going to be useful like in a card game, I mean there are games where you could have good strategy, like knowing that one card like for example king is already reveal you already know that the king is not going to appear again, but if your not aware of that your surely going to lose if you doesn't have the right strategy.

[Apocollapse]

Having a lot information is better than gamble randomly without any information, but both of them doesn't influence the results as long as you're not the player, not the coach, or anyone who contribute to the player/team.

If you're one of staff or management of the player/team, you can know the outcome, let's say you give a bottle that contains sleep medicine to the player, so you're know your player will going to sleep and can't fight as good as usual.

[knowngunman]

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

Your thread talk about the importance of possessing information in gambling but your topic is something different. I suggest you change the topic to importance of possessing information instead of making it look like a question.

At first, I find it hard to understand the message you are trying to pass but I assume you are talking about knowing the rules of the game. If my assumption is correct, then, this is not a gambling strategy but a very necessary step for every gambler unless you want to gamble blindly. No gambler play games without obtaining information as regarding that particular game such as odds, team news, line up and head to head in the case of sport betting. The benefit is that it actually helps to reduce the risk of making bad choices.

-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.

What do you mean by confidentiality of information? This information is readily available for anyone interested in having them unless you are talking about fix match. If it's about fix match, I'm sorry to say but you might just be wasting your time and end up losing your money.

Please, make your post understandable as much as possible so you can get the appropriate engagement. Majority of comments here prove how complicated this post is. No offense!