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Author Topic: Betting on favorites or upsets?  (Read 1053 times)
topbitcoin
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July 13, 2024, 02:23:19 PM
 #41

Betting on favorites is more favorable in the long run because of the number of times we win due to them.
Betting on underdogs could yield massive returns but I believe we tend to lose more when we keep betting on underdogs.
At last it is our gut feeling that we should trust on and take the final call.

Only when the favorite team is a team that is superior to the opposing team at that time, because not everyone has a favorite team that is superior to the opposing team, the point is to bet on the team that is statistically superior regardless of whether it is. is your favorite team or not.

Gambling involves money and risk, meaning that there must be consideration before making a decision, even though winning is not that important to you, for example, getting money for free is more exciting than ending up with a zero balance. Regarding gut feeling, it can be wrong, but it is not a problem to use it as a belief, but I would suggest that it is better not to just rely on gut feeling when making a decision, you need to be really sure about which team is statistically superior. and track record.
Yes, not always the favorite team is the most superior team in a match, someone can have a favorite team that he supports is an old supporter, and yes we also know that every season every team goes down and our favorite team is also not always on top of its performance, as a team that is always seeded.

The advice of gambling on our favorite team is not the best solution for betting because we know that if basically looking for profit and victory in a bet we have to choose a team that is favored in statistics, I think it's wiser than always betting on our favorite team.

He may really be a gambler who relies on hunches, it's good to test your luck but it won't always work because basically we can see the possibilities in each match that takes place and it will give us opportunities if we have good analysis between the two teams that take place, and yes statistics and analysis are not a hunch to decide where we should bet.
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July 13, 2024, 03:44:42 PM
 #42

Incorrect, profit isn't the main reason in gambling, the adrenaline is.

And your thread has only one point, but you're just expand your words to make it long and repeat it.

I'd choose to bet on underdog, even though the favorite team has a higher chance to win, but gambling is gambling, so it will be 50/50 game. Why I need to take the same risk to win small amount money, when there's an option to bet with the same risk and higher reward.

In theory you are right however it is not always 50/50 game as you can bet 100 bets in sport betting and you will see that it will never be 50 wins and 50 lost bets,you can try this on probability and statistics and you will see that it will never boil down to that.I know that in theory it is for example 50/50 in basketball and tennis as a team will either lose or win yet even here if you bet on the underdog you will see that out from 100 bets never it will be 50 wins and 50 loses,it will be one way or the other more type of bets,meaning more lost bets or more won bets.This is where the casino makes money from sport betting,they know that the odds are on their side overall and as such I don't know a casino who offer sports book to be in a losing position of money over the long run.

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July 13, 2024, 04:26:03 PM
 #43


We have a few strategies available when it comes to 1x2 bets.

1x2 bets are generally very popular because it’s a very easy bet to bet on.
1 means home team will win
x means a draw will happen
2 means aways team will win

Now, we just need to find a game, when a favorite is playing or where possibly an upset can happen.


Unless you have a time machine you can't predict when an underdog will beat the favorites, it happens more often but you can't find them on the particular day and that's what makes it more interesting, if we can able to find then this industry won't be making profits for this much longer isn't?

You can win on both the team and either you will win that bet but surely you will be in loss not in profits.

The reason for betting is not for profits and if you're doing for that reason then you might get into deep trouble.

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July 13, 2024, 04:30:20 PM
 #44

In fact, it doesn't make much difference after all... Those who enjoy betting on the favorite side will have a hard time recovering the losses they face, as the odds of these bets pay too little. You can win most of the bets, but if you still face one or another loss, it means all your profit is gone. Gambling's outcomes are a mistery in every cases! You try to master it, you try to find gaps on it to have some advantage, but in the end gambling will still surprise you when you least expect!

Don't stick to betting only on favorites or underdogs. Analyze each case and opportunity individually. None of them should be discarted. Moreover, don't forget the draw possibility which is also a frequent one in several outcomes, even when there are very strong teams playing against weak clubs.
This is why I don't bet on super-heavy favorites with very low-paying odds because once you make a mistake you will lose it all and for me, it hurts more and the frustration can last for like 2-3 days. Worse, it will also visit you in your dreams. Grin
I'd rather take an x2.00 and live with it if the bet loses. It's part of gambling, you win or you lose but as much as possible I want to maximize the profits that I can get in just one bet.
x1.6 - x2.00 will be fine but I might not go lower than that. If I do, I'd rather put it in a parlay to multiply the profits.

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July 13, 2024, 05:24:52 PM
 #45

I know that in theory it is for example 50/50 in basketball and tennis as a team will either lose or win yet even here if you bet on the underdog you will see that out from 100 bets never it will be 50 wins and 50 loses,it will be one way or the other more type of bets,meaning more lost bets or more won bets..

The problem is that even at the same odds you don't win 2x, if you have a 50/50 bets odds bookies will give you is 1.9
So you made $1.9 you lost $1 on $2 bets, this means you're down 10 cents.
Even if all underdogs would have a 10% chance of winning and your favorite 90% you will still mathematically lose over an extended period of betting only on that, sometime you might be upfront by 10k, sometimes down by 10k but in the end it's the bookie cut that will always nearly your ending sum.

Again, this is really an unrealistic strategy and the obvious thing is that nobody got rich doing it, just another way of wasting money on things you might not even enjoy!

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July 13, 2024, 06:32:34 PM
 #46

In betting, we always need to want to make a profit, i.e. to win our bets.
To do so, we need a good analysis about odds and teams to bet on. If we are not doing our research, we won’t be able to generate as much profits as we want because we can fail. We always need to make a good analysis about odds and teams to bet on.
Am someone that loves my numbers , stats and all the good stuff...but I will tell you from experience that analysis sometimes doesn't yield results and I consider a waste of time  Tongue because some results just need a pinch of luck and the rest is history!!

Take games like Manchester United winning City at their peak, analysis will point you in the direction of a Manchester City win but when game day came, United just needed some luck on their side and they managed to deliver a win which many never saw coming.



 
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July 13, 2024, 07:30:26 PM
 #47

Actually, for me personally, betting on this type of sport does not require being stuck in one betting option. or, let's say as OP describes it with 1x2 betting mode. I mean, there are many options we can choose to bet. one example, the Handicap option and many more options for us to choose a worthy bet. yeah, it all comes down to profit. for me personally, the 1x2 option is not the main choice. I can bet Under/Over, both teams to score, or Asian handicap betting style. The point is, I'm looking for the ideal choice based on my personal version. but before choosing what we will bet on, so do the choices.

The main part is research and analysis. Like most gamblers, the goal is none other than to find the ideal option for betting choices and minimize losses. because it's a matter of profit, which gambler doesn't like profit. That's why, we carry out various methods, especially in sports betting with research and analysis. But apart from that, there are others that give us enthusiasm for betting. nothing else, watch it and enjoy. Moreover, if a fight is exciting, unique and beautiful. More or less, that's what I usually do.


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July 13, 2024, 07:59:11 PM
 #48

I will bet on my favorite team not just because they are my favorites but also because they have the capability to beat the opposite team in the match. If my favorite team cannot win the match, I will have to bet against them. 

I believe it's draws that have high odds, but it is definitely riskier. No matter what strategy you use in gambling, one thing is for sure: you will either lose or make a profit. Nothing is guaranteed.

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July 13, 2024, 08:30:25 PM
 #49

Bookmakers are offering a wide range on opportunities to bet on.
It is up to us now how we want to make a profit from a good strategy for our bets.
So, share your best strategies to bet on favorites or upsets.

Most times while betting using this strategy, the odds difference are not always big to generate a reasonable amount if you happen to bet on both sides when the odds fluctuate while the live match is still in progress, because if you happen to bet on either Home or Away team to win, and them the match happens to end draw, that means you should have lost all your money. But however, there is a strategy I sometimes use to use when I happen to come across a game with odds such as 1.5 odds for Home team to win vs 7 odds for Away team to win. So which what I normally do is bet on the "Home team to win with 1.5odds" and also bet on "Away team to win or draw" of which the odds might be around 2.5odds, which means in such matches if Home wins, I win, if the match ends draw or Away win, i still wins.

 
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July 13, 2024, 09:17:24 PM
 #50

If any strategy on gambling works for long term, you will see that all sportsbook are going bankrupt, since if only one person found a strategy to keep winning in long run, he wouldn’t cash out but keep playing to double that money for huge profits. Am I wrong ? OP is sharing basic and known strategy, in fact, any newbie would think the same as you mentioned in your topic.

The only thing that can help you when you set a bet or before choosing a winner, you have the choice to search and analyze the game in all sides then decide. Random decisions and bets will never get you anywhere in long term gambling.

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July 13, 2024, 10:15:40 PM
 #51

Incorrect, profit isn't the main reason in gambling, the adrenaline is.

And your thread has only one point, but you're just expand your words to make it long and repeat it.

I'd choose to bet on underdog, even though the favorite team has a higher chance to win, but gambling is gambling, so it will be 50/50 game. Why I need to take the same risk to win small amount money, when there's an option to bet with the same risk and higher reward.
I like the way you think. This is how all gamblers should see gambling and spending money when you're gambling altogether, but we're living in the real world here, where everything is severely nuanced and gray. While you may think that gamblers think of gambling as nerve-wracking but enjoyable, some gamblers out there are sadly in it cause they think they can earn a living from it. That's just the way things go.

No doubt though with how the OP phrased his shit, he's barely making sense past the introduction to his topic which already gave me a fair bit of context to what he's trying to talk about. And for a fairly explored topic too lol. He thinks everyone who plays sportsbetting didn't do their homework and just went in in hopes of getting a win? That's not how shit works here.

Oh well, not really a massive sportbetting guy so can't really give you a definitive answer, but if a gun were to be held at gunpoint for this question favorites is my pick. There's a reason why the crowd loves them, and 9 times out of 10 underdog matches rarely ever goes in the favor of the underdog, not for the profit but it's still nice bagging something every now and again you know.

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July 13, 2024, 10:50:05 PM
 #52

I don't chose the underdog or favorite rather I pick the team where my odds are better than the books odds.  What I mean by that is before every bet I try to pick what the spread is and if the odds are better for one team than what I originally though then I usually pick them whether the underdog or favorite.  That's how I bet using value.  It's generally worked through the years.

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July 14, 2024, 05:54:31 AM
 #53

I do not trust my abilities to place bets in favour of my favourite team to win. I have tried them before in the past and it worked for me, but now, it's just like there are more stronger teams springing up every season, reducing my chances of winning with my favourite team. It is just obvious that my favourite team won my heart few years back and right now I'm a die hard fan, but if I must be professional about gambling, then I will look beyond a team just being a favourite or an underdog and place bets after doing a thorough assessment of each team involved in the match.

From the look of thinks, the strategies I used in the past or in the previous matches may not work for me in a current match.  For every game I'm going to place bets on, I will have to put so many relevant factors into consideration.

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July 14, 2024, 06:19:30 AM
 #54

I don't know why your analytical expressions here is holding more of gambling for profits and I hope you know the consequences of prioritizing gambling for profits? In case you don't know, it plays an eager roles on individuals being desperate to make profits which could lead of addiction of much lost while chasing the profits.

However, your outlines is more of teaching newbie gamblers on the primary terms to be considered while choosing a team.
While thriving to win in gambling, favourite teams should not be considered Instead upset teams should be more of target because you are not betting to please your team but to secure winning.

Giving stronger teams and home advantage a winning prediction is actually a good strategy but this is gambling especially sport gambling that anything disappointment is possible to happen so, nomatter how strategic we think to hold on in gambling, there will be those times to loose and lucky to win when we can.











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July 14, 2024, 07:48:21 AM
 #55


Only when the favorite team is a team that is superior to the opposing team at that time, because not everyone has a favorite team that is superior to the opposing team, the point is to bet on the team that is statistically superior regardless of whether it is. is your favorite team or not.

Gambling involves money and risk, meaning that there must be consideration before making a decision, even though winning is not that important to you, for example, getting money for free is more exciting than ending up with a zero balance. Regarding gut feeling, it can be wrong, but it is not a problem to use it as a belief, but I would suggest that it is better not to just rely on gut feeling when making a decision, you need to be really sure about which team is statistically superior. and track record.
Yes, not always the favorite team is the most superior team in a match, someone can have a favorite team that he supports is an old supporter, and yes we also know that every season every team goes down and our favorite team is also not always on top of its performance, as a team that is always seeded.

The advice of gambling on our favorite team is not the best solution for betting because we know that if basically looking for profit and victory in a bet we have to choose a team that is favored in statistics, I think it's wiser than always betting on our favorite team.

He may really be a gambler who relies on hunches, it's good to test your luck but it won't always work because basically we can see the possibilities in each match that takes place and it will give us opportunities if we have good analysis between the two teams that take place, and yes statistics and analysis are not a hunch to decide where we should bet.

Yes, and on the other hand, I am not telling anyone to switch from their favorite team to choose another team every time they place a bet, because after all what we are betting on is money, meaning that if our favorite team is faced with an opposing team that is statistically stronger and has a track record. So of course there's no harm in preferring the opposing team to increase your chances of winning.

This means that as you said, betting on the favorite team is not always a good solution if we prioritize winning, so preferring to bet on a team that is much stronger statistically and with a track record is a wise action.

On the other hand, I think we all know that sports betting is a type of gambling where we can increase our chances of winning, namely by analyzing the two teams to see which one is stronger statistically, which can also be seen from their track record during the season. That means that I think it is clear that it is better to apply analysis rather than just relying on gut feelings, although I understand that the results are not always appropriate, but at least we have done the right thing in the sense of analyzing a team that is predicted to be stronger.

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July 14, 2024, 08:00:14 AM
 #56

I think it should be betting on huge favorites or upsets.

Normally, when a team that is heavily favored to win loses, it's called an upset. But when a slightly favored team loses, they are called overvalued. Anyway, when it comes to betting, you don't just use one pattern like betting on the favorite or underdog all the time. That's why there are odds to use when analyzing the game. Sometimes you bet on the underdog, and sometimes on the favorites, but what's more important is to try to bet on the right side most of the time so you'll end up profitable.
Gamblers should be dynamic and not stick to one patten, you can bet on your favorite team today and feel like betting on the upsets or underdogs tomorrow. There's really no need to be rigid in gambling, that will take the fun out of it, just go with the flow and follow your guts to bet on the team that you think will win a match. I think that it's best to bet on a favorite team to win in a match because they're a favorite for a reason, there's a high chance of the favorite to win against an underdog, although upsets can still happen. Nobody can take the luck factor away from any game, it's the final whistle that will determine the winner of a match, so bet who your mind tells you to with the amount that you can afford to loose.











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July 14, 2024, 11:48:52 AM
 #57

~
You pretty much said everything I reckon? Choosing a team ultimately boils down to analyzing who's the better of the two plus some other environment-related factors like the homeground and stuff like that. Usually follow the same idea but sometimes when I'm rooting for my facetime who's the weaker side I just go yolo and still bet on them. Sometimes hit, sometimes not.

I still try to actively look for underdogs though from especially new teams. Like there's just something thrilling about being able to see someone who most people thought to lose round 1 to just go to the finals and win it all lol. Perfect example of this was with Dota 2 TI8 OG win. I didn't exactly win the bet, but hey it was a thrilling watch.

 
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July 14, 2024, 04:58:28 PM
 #58

This sounds like a plan but dangerous at the same time, it depends on the gambler and how far he wants to take the risk. Reasonably, I will prefer my favourite option, and as a matter of fact, that's what I've been using for years and I've never had any cause to regret it. But going against my favourite for the opposite (upsets) will certainly disarray my gambling plan, no, I wouldn't want that.

Presently with my gambling strategy and plan on sports betting, there are periods that I have 85% winning, now, if that high winning is to be reversed in the upsetting approach, that means that I will be relying on 15% winning just because of the big odds attached to it. Even those ones with very big odds might not win, which makes it more risky to maintain and manage. I will prefer and encourage people to go for their preferred choices made after reasonable speculation, tell me, why go left when you know the right path is right? Just manage your gambling portfolio effectively.

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July 14, 2024, 05:46:34 PM
 #59


Unless you have a time machine you can't predict when an underdog will beat the favorites, it happens more often but you can't find them on the particular day and that's what makes it more interesting, if we can able to find then this industry won't be making profits for this much longer isn't?

You can win on both the team and either you will win that bet but surely you will be in loss not in profits.

The reason for betting is not for profits and if you're doing for that reason then you might get into deep trouble.
Betting for profit has been the main motive of many gamblers because if you should looking in to the average number of gamblers around, you will find out that on a few are really wealthy and are gambling for other reasons rather than making money. most gamblers out there wants to make money of gambling because they have seen or heard other gamblers who have gambled and made some good money off gambling. knowing when any team is going to win the other is something almost no one not even the players can accurately predict. most of the times its just all about luck and you can eventually get to win a bet.

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July 14, 2024, 05:54:36 PM
 #60

Why I need to take the same risk to win small amount money, when there's an option to bet with the same risk and higher reward.
I feel at the end of the day what matters is profits. Moreover, it’s better to have little profit than no profit. Who said the risk is the same? When there is a chance to win a small amount, then the risk involved is comparatively low. You can’t just say that risk is the same when one bet is promising 1.8x odds and another 1.2x odds. I don’t care who is favorite or who is underdog. I do thorough research on the stadium, the players, and the playing conditions, and then accordingly I place the bet.

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