Betting on favorites or upsets?

[justdimin]

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.

That's not the case with most people. If you do a survey asking gamblers about why they gamble, you will realize that a larger percentage of gamblers get into gambling for profits, they think and know that gambling is something that can change their lives within a matter of seconds, and people can't resist but try their luck all the time with the hope that one day, they will be the one who gets their life changed in gambling after getting a huge win.

This hope and expectation is what makes them going even when they lose constantly session after session. They don't stop because deep down they still have that feeling and hope that their day will come, and after that, they will not gamble anymore because they won't need more money, but that doesn't happen with everyone, this is why casinos keep getting richer over time.

[KTChampions]

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.

Value betting is a profitable strategy, however, I don’t quite understand where you get the “initial” quotes to compare with the opinion of bookmakers? Are these quotes that you determine yourself? If so, then I’m not sure that this strategy can be profitable at a distance - one way or another, but bookmakers have an advantage in everything: accuracy of estimates, completeness of information, even inside information.

[Phu Juck]

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.

Gambling is a lways dangerous because of possibility of LOSS.
We can always lose a bet, even when betting on favorites because it can happen indeed for our favorite to lose and an upset will happen. Of course, possibility is lower for our favorite to lose and we should consider it when submitting a bet.

[YOSHIE]

Betting on favorites or upsets?

There is no guarantee that your favorite team can win or lose, it's all gambling that is generated solely on the basis of your own luck and good fortune, there are millions of people gambling every day placing their bets on their favorite team, What you get is that you lose without producing anything, gambling cannot be analyzed, if you just apply strategies, predictions and the like, it is possible, but there is no guarantee of winning or losing.

I gamble do it with what I have, but I can't guarantee my own bets to make real profits, but at least I've done it, anyway I bet on sports betting not looking at the favorite team, I bet on the player's guidelines, field conditions and so on, if I win luck and profit for me, lose my luck doesn't improve, that's all.

[milewilda]

Betting on favorites or upsets?

There is no guarantee that your favorite team can win or lose, it's all gambling that is generated solely on the basis of your own luck and good fortune, there are millions of people gambling every day placing their bets on their favorite team, What you get is that you lose without producing anything, gambling cannot be analyzed, if you just apply strategies, predictions and the like, it is possible, but there is no guarantee of winning or losing.

I gamble do it with what I have, but I can't guarantee my own bets to make real profits, but at least I've done it, anyway I bet on sports betting not looking at the favorite team, I bet on the player's guidelines, field conditions and so on, if I win luck and profit for me, lose my luck doesn't improve, that's all.

If favorites would really be always have that good winning chance then people or bettors would really be definitely be sticking into this option because they do know that they could make money out of it.
Yes, it is really that partly true on having this kind of perception about things because we know that favorites are really that obviously the team/player which would really be that likely to win up
but we do know that not all the time it would happen on which upsets or underdogs could really beat up those top tier teams or a certain player/fighter etc. This is why there would really be
those moments or times that you would really be having those thoughts that there might be an upset. This is where analysis would really be that relevant on the moment that you do find yourself
having those kind of considerations that you would be betting with those underdogs. This is why it would really be something situational into this kind of aspect.

[Dailyscript]

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.

That's not the case with most people. If you do a survey asking gamblers about why they gamble, you will realize that a larger percentage of gamblers get into gambling for profits, they think and know that gambling is something that can change their lives within a matter of seconds, and people can't resist but try their luck all the time with the hope that one day, they will be the one who gets their life changed in gambling after getting a huge win.

This hope and expectation is what makes them going even when they lose constantly session after session. They don't stop because deep down they still have that feeling and hope that their day will come, and after that, they will not gamble anymore because they won't need more money, but that doesn't happen with everyone, this is why casinos keep getting richer over time.

Even those who claim they gamble for fun have hidden intentions which we all know are that they gamble for money. Most of them use gambling for fun as an excuse to justify their actions and it might help them to not have emotions or swings if they eventually lose in a bet or win in a bet. Anyone who thinks of gambling as a get-rich scheme has been deluded by fake posts from online gamblers or comments about how someone won a jackpot and became a millionaire through gambling overnight. Yeah, such a luck is possible but to rely on that fact is dangerous. If we believe in luck when taking actions or gambling we should also be realistic about our picks in the bet.

[bangjoe]

Betting on favorites or upsets?

There is no guarantee that your favorite team can win or lose, it's all gambling that is generated solely on the basis of your own luck and good fortune, there are millions of people gambling every day placing their bets on their favorite team, What you get is that you lose without producing anything, gambling cannot be analyzed, if you just apply strategies, predictions and the like, it is possible, but there is no guarantee of winning or losing.

I gamble do it with what I have, but I can't guarantee my own bets to make real profits, but at least I've done it, anyway I bet on sports betting not looking at the favorite team, I bet on the player's guidelines, field conditions and so on, if I win luck and profit for me, lose my luck doesn't improve, that's all.

There are no guarantees in anything, including whether you will be alive tomorrow or not, isn't that right?

There is no guarantee that the analysis we make will produce according to the calculations that have been arranged very neatly, but if you pursue the possibility logically it is much better than just doubling the luck that you might be able to do without doing any analysis and other assessments to approach the chances of winning, you just need to guess then bet.

But some people try to calculate for a higher probability even though there is no guarantee of victory, but with it will reduce a little risk than nothing.

[CryptoHeadlineNews]

Even those who claim they gamble for fun have hidden intentions which we all know are that they gamble for money. Most of them use gambling for fun as an excuse to justify their actions and it might help them to not have emotions or swings if they eventually lose in a bet or win in a bet.

So on the contrary, are you trying to say that those who gamble for money are not always proud of saying they are gambling for money? Is that what you meant? Because inasmuch as you claimed those who say they gamble for fun always use that as "cover up" not to have swings or get emotional. So let's not forget that inasmuch as do say they gamble for fun, it doesn't mean that if while gambling they happens to get lucky and win they won't take the money, it's their money, and they will definitely take it as an added advantage, while the fun could have been the primary reason why they gambled. So when people say they gamble for fun, it's not a lie, as majority of people who does that are always rich people. But that doesn't mean rich people don't also gamble for money too. Don't get me twisted, as they gamble for both.

And a good example of people who gamble for fun was this $100,000 bet between Dwayne Johnson vs Mr Beast (i.e the famous YouTuber)


Link https://www.facebook.com/MrBeast6000/videos/1281709349423285/?mibextid=rS40aB7S9Ucbxw6v

[Huppercase]

Bet on 1X2 only when we are really sure that the underdog team will win, why not place bet with handicap to minimize the risk?
Always betting on favorites or underdogs is also not wise, so it cannot be said which one is better.
If we could win consistently by betting on favorites or underdogs again and again, all sportsbooks would be closed their service since a long time ago.

I don't always have the confidence to play straight win games, I will rather make it a single game with reasonable amount than risk it together as multi bets, I don't do that. I can do over but I don't do under because that's risky and I do play win or draw and play that is going to be with the team in very confident in their outcome, not the one that you will give win or draw and will lose match later. Most of the time, I do win or draw for home match and not away.

I do have favorite when watching match but I don't have favorite when it comes to betting. There are some arguments I can do and will do it because I want to win but down within me, I know I was wrong and this is why I'm not sentimental when it comes to betting, I work and choose my games base on statistics and how I know it's going to favour me in the end. What does it benefit me if my team loss and I know they are going to and yet I chose for them to win, it doesn't make sense.

[SamReomo]

Of course, possibility is lower for our favorite to lose and we should consider it when submitting a bet.

Sometimes the possibility to lose by favoring our favorite team is much higher than betting against it. I would rather bet against my favorite team when they're performing poorly or not bet at all. It's better to avoid betting in favor of the teams that play with mediocrity even if they're your favorite ones.

[TravelMug]

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.

Gambling is a lways dangerous because of possibility of LOSS.

It's dangerous because of the unknown, we might have to bet on our favorite with the odds of like 1.10 or even lower and I have seen wherein they've lost. So it's not an assurance so there is the big risk. I remember a thread wherein someone bet $1 million at a odds of like 1.0x and lost, ouch.

We can always lose a bet, even when betting on favorites because it can happen indeed for our favorite to lose and an upset will happen. Of course, possibility is lower for our favorite to lose and we should consider it when submitting a bet.

That's what I'm trying to say, and so it really depends on our predictions and that is the very definition of gambling. The unknown, but as humans we are somewhat attracted to that kind of risk and so sometimes we win with our favorite bet or then go on the other side and go with the underdog with a appealing bet.

[Dewi Aries]

Of course, possibility is lower for our favorite to lose and we should consider it when submitting a bet.

Sometimes the possibility to lose by favoring our favorite team is much higher than betting against it. I would rather bet against my favorite team when they're performing poorly or not bet at all. It's better to avoid betting in favor of the teams that play with mediocrity even if they're your favorite ones.

That's right, this means that no matter what, of course we must always be able to take advantage of the situation, I understand that your heart is only for the team you like, but in betting, sometimes we have to be able to put aside our feelings a little and think rationally, because of course we are betting using our own money, which is where of course when it turns out that we choose to support a weaker team regardless of whether it is your favorite team or not then of course our chances of losing are greater.

On the other hand, I do not forbid anyone from not choosing their favorite team, but think about one thing, that if it turns out that your favorite team loses then of course they will not be responsible for the loss of the money you have bet on, and therefore of course it is better for us to think and take decision wisely because this is a bet that involves real money, unless you don't bet at all and only support one of the two teams playing then yes of course you are free to choose any team to support, especially your favorite team, even statistically, for example. they are weaker than the opposing team.

[Hispo]

...

It must be because (unlike in other sports like football, backed ball and cricket) there are actually not so many statistical data to be analized with two animals fighting to death. Because it is very likely either of them will die by the end of the match, means the roosters usually do not have a long enough career on them for bettors to build an statistical sheet on their peformance and then bet on it. It is quite a high contrast when compared to human beings, who can have a long standing career in football, for example.
Also, there is the fact many of the people who participate and bet on cockfighting come from small rural areas, in which they do not have access to education on statistics or management of spreadsheets. So they go all in with their gut feeling.

[Wapfika]

Of course, possibility is lower for our favorite to lose and we should consider it when submitting a bet.

Sometimes the possibility to lose by favoring our favorite team is much higher than betting against it. I would rather bet against my favorite team when they're performing poorly or not bet at all. It's better to avoid betting in favor of the teams that play with mediocrity even if they're your favorite ones.

In my opinion, the favorite team the OP pertaining here is not the personal favorite of the bettor itself but rather the winning team based on stats of the two teams involved of the match.

I personally just bet on the teams I watch closely or what you are pertaining as favorites but I do bet against them if I knew that their current skills is not enough to beat the opponent which is always possible because there’s always a season that a team have a very bad roster.

But statistically wise considering the OP favorite team describing, it’s high winning percentage since it relies on the stats.

[Gozie51]

We also need to consider aways or home games because it can make a big difference if a team plays at home or away. Usually, home teams have a considerable advantage and will win more often compared to away teams. But also, odds are lower if a team plays at home and odds will be higher, when a team plays away.  
Home advantage needs to be considered as well because some teams are stronger at home compared to competitors.

You have said quite a lot of things x-raying the betting options of 1 X and 2 which means home win, draw and away win respectively. And these are the simplest understandable options for newbies coming into betting. They are basic options that one can understand.

However, going with the discuss on quote, sportsbook don't only consider the odds for a favourable team playing away, they also consider their past performance and their ability to win home team and so, sometimes you also see away teams having lower odds than what is given to home team. This is so because the away team is tipped favourable to win. And also it can be given odd that will be equal to home team.

[$weetne$$]

Even those who claim they gamble for fun have hidden intentions which we all know are that they gamble for money. Most of them use gambling for fun as an excuse to justify their actions and it might help them to not have emotions or swings if they eventually lose in a bet or win in a bet. Anyone who thinks of gambling as a get-rich scheme has been deluded by fake posts from online gamblers or comments about how someone won a jackpot and became a millionaire through gambling overnight.

People do not just gamble because they have too much money and want to throw it away, anybody gambling wants to add to the money they already have and the fun is just an extra bonus they will get because there are many things you can do for fun that does not involve you losing your money and getting your heart broken as when you lose money, you are going to feel bad. Betting on favourites would not work out all the time because you favourites team might be playing a more better team and when you ignore that and still give them the win, you are going to lose the money you stake and also get your heart broken. Betting on the upsets would mean you do not have faith in your team and you are not a true fan. I stay away from games that involves my favourite team but when it is a match that my team is not playing, I still do not just pick any side but do my research first before deciding which team I will support and I go with either options.

[SamReomo]

I personally just bet on the teams I watch closely or what you are pertaining as favorites but I do bet against them if I knew that their current skills is not enough to beat the opponent which is always possible because there’s always a season that a team have a very bad roster.

When opponent team is in better position and their players show good effort then it's better to bet in favor of them instead of the favorite team. Sometimes a favorite team with good stats perform poorly because one or two of their players show weak performance then in such times it's 10x better to bet against them and trust me such bets often end up as winning bets.

[Agbamoni]

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.

Gambling is a lways dangerous because of possibility of LOSS.
We can always lose a bet, even when betting on favorites because it can happen indeed for our favorite to lose and an upset will happen. Of course, possibility is lower for our favorite to lose and we should consider it when submitting a bet.

I do not agree with the fact you said it is always dangerous because gambling can be very fun when you're winning and depressing when losing. When you use the word dangerous it sounds like something that could take someone's life instantly but no. It is a two-sided thing, you lose, or you win. A lot of things are like that too, which include investing, trading to mention a few. The best way is to not take gambling as a full-time job or something we do to earn a living if not that is when it will be truly frustrating to be a gambler. Imagine begging for money to gamble or taking loans to gamble. That is what it does to people who see through success in gambling excluding any other way.

[stomachgrowls]

Even those who claim they gamble for fun have hidden intentions which we all know are that they gamble for money. Most of them use gambling for fun as an excuse to justify their actions and it might help them to not have emotions or swings if they eventually lose in a bet or win in a bet. Anyone who thinks of gambling as a get-rich scheme has been deluded by fake posts from online gamblers or comments about how someone won a jackpot and became a millionaire through gambling overnight.

People do not just gamble because they have too much money and want to throw it away, anybody gambling wants to add to the money they already have and the fun is just an extra bonus they will get because there are many things you can do for fun that does not involve you losing your money and getting your heart broken as when you lose money, you are going to feel bad. Betting on favourites would not work out all the time because you favourites team might be playing a more better team and when you ignore that and still give them the win, you are going to lose the money you stake and also get your heart broken. Betting on the upsets would mean you do not have faith in your team and you are not a true fan. I stay away from games that involves my favourite team but when it is a match that my team is not playing, I still do not just pick any side but do my research first before deciding which team I will support and I go with either options.

Spending up money would really be that according into someones preference and their own approach on things specially on betting or simply playing on casinos. Having fun would come into different forms and it would really be needing that kind of approach on which spending up money would really be the main thing for you to deal up with things. Going back about into the question on which or where you would really be placing up your bets? Its true that not all the time you would really be having that kind of good winning rate on betting simply with favorites. We do know that when it comes into this aspect then it wont really be giving out that assurance that winning rate is higher. Come in mind that there would really be those matches that underdogs do win and we do know that there are bettors who are really that a fan of betting on those and making up some upset, we do know the odds or winning potential is high then one of the reasons that makes it interesting on betting with those least favorite.

The key on here is that you shouldnt really be that sticking into this kind of idea. Its always better that analysis should really be applied on making up some bets and not really that trying out to make
something out of nowhere. You should be at least having that valid consideration on why you have chose that and not really just that relying with pure intuition or instinct. lol

[aylabadia05]

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.

Players who bet to expect profit from winning are unacceptable as a reason for gambling. Gambling is basically to test the level of analytical ability and test the level of luck.
No matter how great the research is, in gambling you can lose which results in losses and losses. So it's no wonder that gamblers who understand gambling have other, more accurate reasons why they gamble other than the reason for profit.