Media and Gambling, How does it work?

[VicManton]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

[Oshosondy]

Public perception are not likely to affect betting odds. The betting sites have professionals that they use to set the odds in a way the matches will not favour most of the bettors. That is just it. What that might change the odd is if one or more good players that the club wants to use is/are not selected for the match. This is the reason I prefer to bet some hours to a match.

[Viscore]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Most of us probably follow what the media says, which is why there's a saying that the public always loses. The media shapes public perception, because if they didn't, we wouldn't be watching them. Since the media always talks about the favorite teams, these teams become overvalued. This allows bookies to easily set lines that are way above what the teams can achieve, such as high spreads and overs. We just follow, so we lose most of the time.

[nimogsm]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Bookmakers themselves can influence public opinion and the media as well. It is they who set the trend and the media can already interpret the information in their own way. There are a number of media experts to whom the public can pay attention when making a decision at the time of betting. But resonance from the community is unlikely to influence future odds since bookmakers are also forecasters.

[VicManton]

Public perception are not likely to affect betting odds. The betting sites have professionals that they use to set the odds in a way the matches will not favour most of the bettors. That is just it. What that might change the odd is if one or more good players that the club wants to use is/are not selected for the match. This is the reason I prefer to bet some hours to a match.

Alright thanks for that, very insightful and wise move there

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Bookmakers themselves can influence public opinion and the media as well. It is they who set the trend and the media can already interpret the information in their own way. There are a number of media experts to whom the public can pay attention when making a decision at the time of betting. But resonance from the community is unlikely to influence future odds since bookmakers are also forecasters.

Alright, trying to make some moves and just needed to know what and what to watch out for, nice there as well

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Most of us probably follow what the media says, which is why there's a saying that the public always loses. The media shapes public perception, because if they didn't, we wouldn't be watching them. Since the media always talks about the favorite teams, these teams become overvalued. This allows bookies to easily set lines that are way above what the teams can achieve, such as high spreads and overs. We just follow, so we lose most of the time.

So to avoid losing, we should not obviously always follow the crowd, I am thinking of just following my guts sometimes, I regret not doing so but not always though

[shivansps]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

I think that the media can have a big influence on bets and people's opinions. In general, the media is one of the most powerful means to convey your thoughts or desires to people. In this case, it also works very well. But it is also worth noting that in sports betting, as I heard, the odds are set by algorithms, that is, the matches are analyzed and assessed by computers, and not by people trusting their own or someone else's opinion. It is difficult to say which of these is more important, but I really think that the media has an influence on gambling as well.

[Ojima-ojo]

Social Media have no influence on the odds of games and just like the first comment said the gambling site set the odds and as a matter of practice odds settings have become a global general thing, both for cryptocurrency casino's and on fiat casinos the odds are almost the same.


But if you talk about the influence Media perceptions can only have influence on the gambler to the point that it drive your games selections and instead of following the right analysis to following social media hypes.

[Richbased]

Sure media publications affects the odd of a match because a match may be about to kick-off and an information will just come up suddenly that a particular key player may not feature in the match and before you know it the news will just affect the odd given to that team by the bookmakers, another thing is also about the history of the both teams that are about to play a match, it may be that one amongst the two teams have not won the other since their previous meetings then it may occur that the team that hasn't won the other in their history is the team that has more advantage and are currently in form so the media can just provide the information and the odds begins to change immediately and all these are some of the reasons why odds experiences changes when one wants to place a bet especially those matches that are about to kick-off. So media publications do affects odds and when a gambler is aware about the information the media releases about a particular game that is about to start, the whole plan changes and before you know it some gamblers do consider rebetting their games that's for people who has already made their predictions before the information from the media.

The betting sites have professionals that they use to set the odds in a way the matches will not favour most of the bettors.

I don't think that odds are set to favour bettors, they publish odds based on the current performance of each teams and it's mostly the stronger teams that are given the lesser odds. If they publish odds to favour bettors then why do people not experience massive winnings because majority of bettors mostly select the teams that has the lesser odds as published by the bookmakers.

[rachael9385]

Public perception are not likely to affect betting odds. The betting sites have professionals that they use to set the odds in a way the matches will not favour most of the bettors. That is just it. What that might change the odd is if one or more good players that the club wants to use is/are not selected for the match. This is the reason I prefer to bet some hours to a match.

Yes it's true, due to the professional odd makers that sets the odds on the games it made it hard for a gambler to win because they sets the odds in a way that it will be against the gambler.
And based on my perspectives I think most of the times that odds increase is due to how the club has added a good player or some of their good players have gone due to injury cases and this is the fact that really makes the odd to reduce when the best player leaves the team or will nor he included in the game. But on life bets, the odds change within seconds because the game is ongoing and when ever a team is performing well, the odds will reduce because the odds makers believes that the team will likely win the game.

[Antotena]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

People's perception has nothing with betting odd, in facts people's opinions doesn't matter in betting. It's the performances of that affect betting odd and outcomes. For instance, if there is a semi final match, the bookmakers go back to all matches the teams must have played, the head to head and how many times the teams has faced each other in the past before they make judgement on those odds and it's not static, the odd can fluctuate if there is external factors prior to that match such as injuries of important players and presence of the main squad.

As bettor, you are also to do the same, forget about the media narrative because this can be very deceiving. Sometimes, when I see how bad PR goes surrounding some players, I wonder if football has lost its value. The way they give attention to players and some clubs will make you think they are the only people in the sport industry. Look at Bellingham and Real Madrid, the PR is one of the biggest in Laliga but do is he really the best? No!

[avp2306]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Maybe for the fact on how they deliver their reports on current news happening on that possible match up. It can really change the perspective of people and could able to convince to bet on which team those media telling that have a great favor or chance to win.

But most of the time people who knows the team and always watching that sports didn't actually follows the news presented. They usually bet according to what they know and those news just give them some ideas but they still follow their own research for placing bet on the teams they like.

[Text]

It’s important to develop your own analysis. Keeping an eye on any late-breaking news, such as key player injuries or changes in team lineups, can provide an edge. Using data to identify trends and potential value bets can be a solid foundation. However, sometimes, gut feelings or unexpected factors can lead to profitable opportunities. I trust my instincts and also combine with research, analyzing forms, injuries, head-to-head records, and other relevant factors.

[Assface16678]

Right now media is the biggest platform where gambling could be introduced and to influence many people, many people in streaming community are starting to transition into gambling streams which is we cant blame them because they are also working and for sure the amount of money those gambling sites offer is too hard to resist, thats why many people are being speculated in those streamers that is choosing to change into gambling streams from their usual gaming streams and thats how media or social media influence people into gambling.

[Nwada001]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Bookmakers themselves can influence public opinion and the media as well. It is they who set the trend and the media can already interpret the information in their own way. There are a number of media experts to whom the public can pay attention when making a decision at the time of betting. But resonance from the community is unlikely to influence future odds since bookmakers are also forecasters.

Exactly the same thing, I believe. The media have little to nothing that they can do to influence the odd of a game, and the bookmaker has the ability to do that, as they can use every tricky means necessary to make the odd appear deceiving and confusing. Most times, they can even go as far as placing some unmeritable odds on teams and games that don't deceive each other just to swap attention and reduce the chance of people's winning.

[GreatArkansas]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

What I can see is some market issues here, for example, the bookies, where some of them might adjust the odds slower based on new information that came from media compared to normal. Especially on the leagues or games that have low betting volume (less popular).

[Wexnident]

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Highly doubt it does? I guess unless it's a big ass scandal where the players would suddenly get some sort of penalties, or even be unable to play on a specific match. Naturally, the odds would tilt depending on who changes that said player but no matter what, there will always be some change in it since a player change happened. Outside of that I don't think there's any relation at all? This is about games we are talkign about specifically right? Since there's some weird bets out there like "who'd win the elections", "who'd win the miss uni" type of bets, which compared to sports leagues, can 100% be heavily influenced by media. Those types are another thing altogether though.

[Nrcewker]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Media narratives do influence the odds. They go for fan favorites and star players and keep on promoting them throughout the tournament. These lead to favoring the team to win the match, and hence for that particular team we see fewer odds in the match. We cannot really exploit if we practically think about this. I mean, these news magazine houses and media do proper research and then only create the hype; hence, the odds provider accordingly provides the optimal odds for both sides. Media and gambling don’t always work according to me.

[seoincorporation]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

Well, this is a tricky question because it isn't the media narrative influences who sets the game odds, i think the odds providers use some kind of formula to set who is the underdog and the multipliers.

We could take as an example the presidential elections, even if the media is totally involved their news will not change the odds in the casino, unless something big happens, but that's not the media's fault, that would be another factor involved.

[Apocollapse]

I do believe media and public perceptions influence the betting odds.

If Fulham is in 1st rank in Premier League and Manchester United in 10th rank, will you believe Fulham is favorite when they meet Manchester United? nope Manchester United will become favorite because there are many Mancunian and people who think Manchester United is bigger than Fulham.

In order to dismiss this perception, Fulham must win Premier League and Champions League for many times, at the same time sign many star players.

[junder]

How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?

I think that the media can have a big influence on bets and people's opinions. In general, the media is one of the most powerful means to convey your thoughts or desires to people. In this case, it also works very well. But it is also worth noting that in sports betting, as I heard, the odds are set by algorithms, that is, the matches are analyzed and assessed by computers, and not by people trusting their own or someone else's opinion. It is difficult to say which of these is more important, but I really think that the media has an influence on gambling as well.

I agree with that because indeed the media is currently one of the biggest factors that everyone uses in their daily lives, whether to find entertainment, the latest information, news or others. With this, of course, people will look for the most accurate sources that they trust, it is not strange that many people depend on the media.
 
Although it is difficult to determine which one is more important, but indeed the media has a great influence on gambling, besides that I have some friends of mine who do gambling and when he is going to bet he waits for news in the media to be considered, in my opinion it includes the great influence of the media on gambling. So I think it is certain that this media can influence most people in any case, especially now that the media seems to have become the basic needs of everyone, but in my opinion this is a natural thing because generally we have to adapt and take advantage of this increasingly developed and sophisticated media.