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Author Topic: Expertise in Sports and Sports Market Knowledge  (Read 313 times)
alastantiger (OP)
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May 10, 2024, 04:03:50 PM
 #1

If you bet on sports - football, basket ball, cricket, and the others. Which is more important and offers a profitable outcome; You knowing the sports and everything about it or having knowledge and understanding of the sports betting market?

When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?

This is what someone already said about it.

Quote
I’m a professional sports bettor and I firmly believe not knowing about sport is in many cases an advantage to profiting from it. Many men believe their great knowledge of sport will make them money from betting on it but it’s more important to have knowledge and understanding of sports betting markets and in fact nearly all their knowledge will already be factored into the prices.

Drop your two cents y'all.

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Oshosondy
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May 10, 2024, 04:13:07 PM
 #2

More often you bet, the more likey you will lose. That is one thing about sport betting. The less often you bet, you will see some better matches which can offer better chance of winning. It is not about the vast knowledge that you have that will make you earn more than lose, it is by gambling with the amount of money you can afford to gamble with but still just pick a game or 2 or 3 games and make it not often but still be expecting losses because gambling should not be a means of making money.

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May 10, 2024, 04:14:48 PM
 #3

I’m confused on the quoted post that you share here. He earlier mention that “not knowing” the sports is an advantage yet on the end part he is emphasizing that knowledge on sports is the key to success which is contradicting to each other.

The later part is always the fact here. Being knowledgeable on what you are doing especially sports will give you higher winning chance rate since you are partly relying on your skills and not pure luck. Sportsbook has a house too which means being knowledgeable can counter this initial handicap from the casino.

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May 10, 2024, 04:21:28 PM
 #4

The later part is always the fact here. Being knowledgeable on what you are doing especially sports will give you higher winning chance rate since you are partly relying on your skills and not pure luck. Sportsbook has a house too which means being knowledgeable can counter this initial handicap from the casino.
You do not have to be confused, people should see gambling as pure luck. Be it casino games or sport matches on betting sites. It is good to know that casinos are not for sport betting but some sites are both casinos and bookies. Casinos provide casinos games while bookies provide sport matches betting.

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May 10, 2024, 04:21:55 PM
 #5

While you should bet on the sport you know like the back of your hand, there is still luck involved in those winnings. It's why we hedge our bets showing your sports betting market knowledge. There is also a chance to play around in the sports betting market.

Bettor can't always tell if there is a big win waiting for him in every event especially if he is into a sport where an underdog can win all of a sudden. Sometimes the bettor will wander to some sports with just the knowledge to play around on odds. Gamblers are risk takers.

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May 10, 2024, 04:24:46 PM
 #6

There are people who know about football as a sports but would lose a lot of money because they do not know about odds, parlay, over/under, spread, handicap, money line etc. and how they work. They know about the sports but do not know about sports betting strategies such as bankroll Management, hedging, martingale System etc.

The two are different and while I feel that knowing the sports betting market will give the a bettor an upper hand over the one that just knows only about the game, there should be a balance in the two to make an effective gambler.

If one is missing the other one cannot be profitable. They shouldn't be separated. And
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May 10, 2024, 04:39:00 PM
 #7

If you bet on sports - football, basket ball, cricket, and the others. Which is more important and offers a profitable outcome; You knowing the sports and everything about it or having knowledge and understanding of the sports betting market?

When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?

This is what someone already said about it.

Quote
I’m a professional sports bettor and I firmly believe not knowing about sport is in many cases an advantage to profiting from it. Many men believe their great knowledge of sport will make them money from betting on it but it’s more important to have knowledge and understanding of sports betting markets and in fact nearly all their knowledge will already be factored into the prices.

Drop your two cents y'all.
I doubt that this person is a professional in sports gambling, or does he mean to make us doubt our analysis, experience and knowledge that we get from judging a sports match, if we know a little bit it is much more dangerous in my opinion.

I'm a little mistaken with the statement he gave, I really want to know the person who said it, how he analyzed and how he believes what he said is true in betting on sports. Yes, it is true that to be a sports bettor, you don't have to have experience in the field, but you should have an understanding of the basic principles.

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sunsilk
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May 10, 2024, 04:46:00 PM
 #8

If you bet on sports - football, basket ball, cricket, and the others. Which is more important and offers a profitable outcome; You knowing the sports and everything about it or having knowledge and understanding of the sports betting market?

When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?
IMHO it's best to know both. But if you only know one, it should be knowing the actual sports than the betting market/odds. Because knowing the actual sports that you're betting on gives you more edge and better chance of winning your bet.

This is what someone already said about it.

Quote
I’m a professional sports bettor and I firmly believe not knowing about sport is in many cases an advantage to profiting from it. Many men believe their great knowledge of sport will make them money from betting on it but it’s more important to have knowledge and understanding of sports betting markets and in fact nearly all their knowledge will already be factored into the prices.

Drop your two cents y'all.
He's not wrong but on this case, we can say that it is to each their own. If that's his opinion and based on his experience works well on him, then that's good for him.

But not knowing or having no background with what you're betting, you do understand the case, right when you're gambling. That means that you're putting yourself in a situation about relying upon your entire luck and doing YOLO. Do you like to gamble like that? there's also no assurance with whoever said that in the quote. We're all betting and gambling.

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May 10, 2024, 04:52:32 PM
 #9

What needs to be understood for sports betting market knowledge?

I think we all know, the most important thing is you understand the sector of sport you are gonna bet. Meanwhile for (sport betting market knowledge) people can just easily to have basic knowledge like (Odds).

Knowing the sport & team you are gonna to bet is more important, to avoid you are betting blindly. Just like investing, If you don't know to the asset you are gonna to invest you are basically pure hoping on luck. Meanwhile, we are know (sportbet) are one of sector gambling while mostly the odds are on player favor. That's the reason why casino can limit your betting size, If they knew you are a sharp.

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May 10, 2024, 04:53:03 PM
 #10

Drop your two cents y'all.

Well, I don't know about what the op you quoted said. But it's good to have knowledge about sports before going into betting. He might be a professional or something but I'm sure he learnt about theses sports before he climbed up to what ever reputation he has now in sports betting. Gambling is all about strategies and planning, it you have no knowledge on how to, you will end up knowing how to loss to the casino or betting platform.

As a sport better or gambler, you should take time to know about the sport before betting on it. All sport bets can be profitable as long as you have sound knowledge and know how to arrange your game before betting.

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May 10, 2024, 04:55:32 PM
 #11

I am not well versed in sports betting but I always think that having knowledge of the sport that you are betting on is an advantage, but the guy you quoted who claims to be a professional sports bettor says that knowledge of the sports betting market is more important, then I am curious and I'd like to hear a more detailed explanation as to why he that is.

I’m confused on the quoted post that you share here. He earlier mention that “not knowing” the sports is an advantage yet on the end part he is emphasizing that knowledge on sports is the key to success which is contradicting to each other.
just to clarify, in the quoted part on the OP it is said that it is more important to have more knowledge and understanding of "sports betting markets" than the sports.

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May 10, 2024, 05:19:58 PM
 #12

This is what someone already said about it.

Quote
I’m a professional sports bettor and I firmly believe not knowing about sport is in many cases an advantage to profiting from it. Many men believe their great knowledge of sport will make them money from betting on it but it’s more important to have knowledge and understanding of sports betting markets and in fact nearly all their knowledge will already be factored into the prices.
Who said this?

He believes that and he's a sportsbettor? But he didn't said that it has been profitable to himself but let's assume that it was. I just don't understand about the latter part about our knowledge being factored in prices?

It seems that he's talking about the combination of knowing sports betting markets and having knowledge about the sport. What are your thoughts about that OP? You should have given yours too.

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May 10, 2024, 06:17:49 PM
 #13

Who said this?

He believes that and he's a sportsbettor? But he didn't said that it has been profitable to himself but let's assume that it was. I just don't understand about the latter part about our knowledge being factored in prices?

It seems that he's talking about the combination of knowing sports betting markets and having knowledge about the sport. What are your thoughts about that OP? You should have given yours too.

I thought the OP would give his own thoughts at the end but didn't.

In my estimation, the more you know about the sports the more you also know about sports betting. You cannot analyze a basketball team and games without discussing which team has the highest odds of winning, the underdogs, and other sports betting languages used that has been borrowed from sports. They are together. The slight difference is in learning how to use the technology that is involved and going through the sports betting website to place a bet.

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May 10, 2024, 06:21:41 PM
 #14


I’m confused on the quoted post that you share here. He earlier mention that “not knowing” the sports is an advantage yet on the end part he is emphasizing that knowledge on sports is the key to success which is contradicting to each other.
just to clarify, in the quoted part on the OP it is said that it is more important to have more knowledge and understanding of "sports betting markets" than the sports.

I think he also confused me at the end of his post too. At the beginning of the post from the reference that Op quoted, I would think the originator was meaning being professional as advantage on betting without sentiment but analysis base on the bases of the game, readiness, fitness and all the whatnot that makes the game. And not being sentimental against having knowledge of the game and which will add up to having sentiment on it.  So this was my first analysis of the quote before the later misunderstanding submission. However, I think I believe that the first part was talking about professionalism devoid of partisan and sentimental analysis. Of course being professional and doing professional means it is based on empirical evidence and analysis, stats etc. Thus, the reason for much loses is because of sentimental analysis, emotional attachment. That is, if we bet reasonably then we are being professional.

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May 10, 2024, 07:27:47 PM
 #15

If you bet on sports - football, basket ball, cricket, and the others. Which is more important and offers a profitable outcome; You knowing the sports and everything about it or having knowledge and understanding of the sports betting market?

When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?

This is what someone already said about it.

Quote
I’m a professional sports bettor and I firmly believe not knowing about sport is in many cases an advantage to profiting from it. Many men believe their great knowledge of sport will make them money from betting on it but it’s more important to have knowledge and understanding of sports betting markets and in fact nearly all their knowledge will already be factored into the prices.

Drop your two cents y'all.
The knowledge of sports isn't a guarantee to victory but the advantage of having this knowledge can't be overly emphasized because you will be making only informed decision s compared to someone who doesn't have the knowledge but is totally dependent on luck of which may happen once out of many trial but for someone who's got a good knowledge will most likely get to win more often than that of someone who is depending on luck because sometimes they have no idea about the strength of a team which could have helped them understand better on the best option to pick about a team so they will be at a great chance of been lucky.

In as much as the knowledge isn't a guarantee there's aswell no way the person with knowledge will not do much better than the one struggling with getting to be lucky so it still very much better and important you get the knowledge so you can gamble better

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May 10, 2024, 07:36:56 PM
 #16

When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?
A good understanding of the sports betting market can compensate for low knowledge in the sport itself because if you have very good knowledge of the sports but no understanding of how the market works you still may not be successful. The most successful gamblers in the sports betting I believe have knowledge of both properly but first had knowledge of the sport and they later experienced gave them knowledge of the sports betting market. The two are important.

R


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May 10, 2024, 07:53:55 PM
 #17

It is mandatory that the person bets on leagues and teams that he knows very well, he must also know very well how all sports betting markets work because when that person analyzes the games in the league that he knows very well, he will be able to have many options to choose from. bet, as you will be able to bet on the over and under goals market, you will also be able to bet on the corners market, and many other markets. Now something very important that a person must keep in mind is that they should not see gambling as a means to make a profit, because when a person thinks that they can know everything about sports betting and that this will allow them to profit in this market. then that person will lose everything, because you don't make money from gambling. just look at gambling as entertainment

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May 10, 2024, 08:20:25 PM
 #18

If you bet on sports - football, basket ball, cricket, and the others. Which is more important and offers a profitable outcome; You knowing the sports and everything about it or having knowledge and understanding of the sports betting market?

When it comes to sports betting, what holds greater significance and offers more profitable outcomes: being well-versed in the sports themselves or having comprehensive knowledge and understanding of the sports betting market?

Drop your two cents y'all.

Having basic knowledge about the sports you are placing bets on is essential. You need to have this knowledge to be able to engage in historical data analysis and predictions. There is a need to always engage betting strategies which involves  some level of data analysis, therefore having a good knowledge about the sports is needed to win bets.

However, understanding the gambling market is also important. Some gamble pundits believe that understanding gambling market movement is as important as knowing about the sports. I know some gamblers who gamble heavily at a particular period because they believe that the market will be favorable at w given period. Nevertheless, gamblers will have better or optimal results if he has both knowledge about the game and sports sport betting market.

R


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May 10, 2024, 08:47:31 PM
 #19

Well, first, I will say that gambling is not an activity that one should be expecting to make profit all the time like a real business where profit is expected frequently, gambling is not like that, be it sport or other casino games. I love and gamble more on sports like football and tennis, and I can say that sometimes I can make a good win and sometimes I am faced with bad luck. Like I said before, don't fix your mind on profit-making in gambling; it cannot work base your speculation all the time. 

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May 10, 2024, 08:55:51 PM
 #20

More often you bet, the more likey you will lose. That is one thing about sport betting. The less often you bet, you will see some better matches which can offer better chance of winning. It is not about the vast knowledge that you have that will make you earn more than lose, it is by gambling with the amount of money you can afford to gamble with but still just pick a game or 2 or 3 games and make it not often but still be expecting losses because gambling should not be a means of making money.

Yes, indeed there is this misunderstanding in sports betting that the greater the knowledge of sports one has, the more likely he or she is to win big. But in reality, it turns out that the more a person bets frequently, the higher his losses could be. This is because frequent betting promotes impulsivity and detracts from a good strategy.

Conversely, adopting a less frequent but more selective approach can boost your winning possibilities. By handpicking one or two specific games to concentrate on, you can pay closer attention to the odds analysis and make well thought out decisions with deliberation. This way you can choose matches where winning seems more probable.

Nonetheless, one must bear in mind that opting for a more cautious stance can indeed curtail the possibility of defeat; however, it does not ensure triumph. Every form of gambling is always connected with the risk of losing, so this cannot be the way to ensure a permanent source of money. Gambling is always about risk and should not be treated as a stable income source but rather considered as an entertaining activity where you play with disposable income.

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   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
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█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
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██         ▐█▌         ██
████▄     ▄█████▄     ▄████
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███▀    █████████████    ▀███
██       ███████████       ██
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▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
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..PLAY NOW..
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