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Author Topic: Media and Gambling, How does it work?  (Read 1712 times)
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October 05, 2024, 07:29:30 PM
 #101

The media plays a very huge role in gambling, sports betting to be precise, gamblers can get informations about a certain games from the media about a particular player or perhaps a change that was made in the formation of a club before the match starts, this can make a gambler change or readjust his selections. Bookmakers also pay attention to the media as well, that's why there are always changes in odds in most cases before a match is about to start. As a gamber that's into sports betting you must pay attention to the media in order to get key informations that might help you in your predictions.
It is true that today the media has a big influence on everything, one of which is gambling or sports betting as you said. For people who are interested in making sports bets, of course, with the increasingly sophisticated media, it can help them to get deeper information so that they can be more confident with the bets they will make. I think many people who make sports bets of course rely on the latest information and news in the media.
Apart from that, today's media also helps many things, although there are certainly more positive sides, but there are also negative sides where there are always crimes committed by taking advantage of this increasingly developing media, I admit that the development of the media has a big influence, but that doesn't mean we can't be too comfortable, we still have to be careful in accessing it because crimes can happen. Therefore, prevention is better than cure.

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October 05, 2024, 08:41:41 PM
 #102

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?

Surely, media reports can really shake things up right before a match and even during or between first and second half. For exemple, if news says that a strong player is sidelined, we will see the odds shift quickly as bettors react to that new info. History between the teams also matters, if one team didnt win against the other in a while but is currently in good form that also can lead to lowing the other team’s odds. These things may create valuable opportunities for bettors who pay attention and follow everything.
In crypto casinos, these odds might differ slightly from one platform to another, so it’s important checking multiple platforms for the best value. moreover, sometimes the hype around a favorite team can inflate their odds beyond what their actual chances are. By doing your researches and staying updated on media narratives, you can dind and catch these discrepancies and find good bets.

Overall, I believe understanding how public perception influences betting can give you a significant opportunities in your winning strategy.

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October 05, 2024, 08:54:46 PM
 #103

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?

Betting companies are using advanced statistical analysis, based on facts and historical patterns with all sorts of inputs, but opinions of media pundits is unlikely to be one of them. Meaning that "media narratives" are worthless bits of information and indistinguishable from filler content that provides little value to serious analysis. You can almost find an opposing viewpoint on any player/team/strategy out there, so it is not going to provide much value in analyzing this information. Gambling companies don't find much value at all in the rambling of various bloggers or newspaper writers who are simply trying to fill quotas to keep their jobs.

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October 05, 2024, 08:58:12 PM
 #104

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 have found out that watching shows about soccer games before and after the games can give you valuable insights as where to bet and after the games have ended the review shows which take a deep comment on the games can help you identify where you made the mistake. I often listen to football experts like in Skysports shows both in Sky UK and Sky Italy and what they think about the result of a certain game, usually in Sky UK the host asks the guests like Henry, Carragher and other ex football players of big clubs for a certain event and if I see that for a certain even they all think the same I immediately take note and bet on that game. Don't get me wrong you will not win always and may even hit a lot of lost games yet sometimes you will find the bet they advertised as wins and it is a shame to not take profit from such programs.

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October 05, 2024, 09:00:24 PM
 #105

The media plays a very huge role in gambling, sports betting to be precise, gamblers can get informations about a certain games from the media about a particular player or perhaps a change that was made in the formation of a club before the match starts, this can make a gambler change or readjust his selections. Bookmakers also pay attention to the media as well, that's why there are always changes in odds in most cases before a match is about to start. As a gamber that's into sports betting you must pay attention to the media in order to get key informations that might help you in your predictions.
That's correct, in sports betting and prediction, information is the key. If one is not following up on the current information, they can’t make the right prediction but when  theirs some little changes and adjustments, if they are not following up, they can miss out and end up losing their bet, when they would have prevented it from happening if they had been aware of it.
I also agree with you guys on this, but on the aspect of gamblers relaying on media in order to be undated about match information, for the bookmakers, I don't completely think they relay on the media as they also have their own access to the type of information those media personnel's have; in fact, most of the time, I do believe they can influence the type of news some media can broadcast in order to change the mindset that some gamblers will have on a particular game.

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October 05, 2024, 09:55:00 PM
Last edit: October 06, 2024, 06:58:59 PM by Saint-loup
 #106

I don't think they do it very much, otherwise people could exploit it and bet on the underdogs to easily get some value and being able to make profits in the long run by following this strategy. In addition they are in competition with other sportsbooks, so if they show lower odds for known teams and players, people will go on other sportsbooks with more interesting odds to place their bets.

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October 05, 2024, 10:33:04 PM
 #107

Betting companies are using advanced statistical analysis, based on facts and historical patterns with all sorts of inputs, but opinions of media pundits is unlikely to be one of them. Meaning that "media narratives" are worthless bits of information and indistinguishable from filler content that provides little value to serious analysis. You can almost find an opposing viewpoint on any player/team/strategy out there, so it is not going to provide much value in analyzing this information. Gambling companies don't find much value at all in the rambling of various bloggers or newspaper writers who are simply trying to fill quotas to keep their jobs.
I think one good example is the Harris and Trump election battle. The media are bringing up what's the sentiment of the people.

And with that, I've seen the changes in the odds because of that when the sentiments have changed from here and there. So, there's a little impact to it but it's true that they can also be meaningless at times.

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October 05, 2024, 10:38:37 PM
 #108

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?


Speculative assumptions definitely gets a way off affecting the betting odds because that psychology is what the bookmakers study and influence their odds that helps them to create that edge ahead of their customers that later gets them having more gamblers loosing and them making profits so it does have an effect even if it may not be portrayed to be obvious but it really does as psychology build up from statistical data can influence both odds and gamblers decisions.
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October 05, 2024, 11:19:24 PM
 #109

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?


Speculative assumptions definitely gets a way off affecting the betting odds because that psychology is what the bookmakers study and influence their odds that helps them to create that edge ahead of their customers that later gets them having more gamblers loosing and them making profits so it does have an effect even if it may not be portrayed to be obvious but it really does as psychology build up from statistical data can influence both odds and gamblers decisions.
Maybe this could be possible but I think it is indeed difficult to describe if it is only limited to public speculation in the media, such as engineered news that is deliberately made to influence some gamblers to bet on what is written but this is less logical.
Maybe because I gamble never see the media or news outside as a reference why I should gamble on certain bets that are widely discussed.
But if you look at the psychology of players who prioritize news that is hype in the media, they will definitely be affected.

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October 05, 2024, 11:34:56 PM
 #110

I don't think they do it very much, otherwise people could exploit it and bet on the underdogs to easily get value
The final determinant is from the bookmaker they gives there evaluations towards odds issuing but most they also rely on the public opinion or general overview on a specific percentage of people giving much priority to a particular team or events, just as the above poster uses the us election to sight an example.

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October 06, 2024, 12:11:14 AM
 #111

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 don't know truely if public perception or media narratives do influence betting odds but I know for sure that some odd do changes several times before match Start. Sometimes an odd may initially be 1.80 but 2 to 5hours to the match it will either increase to 1.85 or reduce to 1.70 but I don't know the reasons to that. Who knows it  may be certainly for some reason maybe your sudgested which is media.

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October 06, 2024, 04:21:12 AM
 #112

Maybe this could be possible but I think it is indeed difficult to describe if it is only limited to public speculation in the media, such as engineered news that is deliberately made to influence some gamblers to bet on what is written but this is less logical.
Maybe because I gamble never see the media or news outside as a reference why I should gamble on certain bets that are widely discussed.
But if you look at the psychology of players who prioritize news that is hype in the media, they will definitely be affected.
What do you mean by gambling advertising?
There are many casinos currently in circulation, of course they will carry out advertising whose aim is to make many people interested in the casino and visit to place bets and behind this there is a profit intention which is their main goal. Casinos will do their best for the development of their own casinos by utilizing media. This is one way to develop the casinos they own, so it is not strange if they spread news or advertisements.
I myself am the same as you with gambling but I never look at the media or the news that is spread, occasionally I often see it but I don't care about it so I just pass it by because I already know that what they do is just a marketing strategy, not the truth. completely saying that it is easy to win or something else is just a mere perspective.Besides that, I think there are already many people who are influenced by the news in the media about gambling that is spreading and experiencing its impact.

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October 06, 2024, 05:08:23 AM
 #113

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?




Though I wonder what could possibly be your definition of valued bet? But however, every gambler owes him or her self that responsibilities of attaching or maximizing the value towards their bets but as regards to public perception and media narratives I could say that the media itself is a public perception to the best of my knowledge, the discrepancies could have been individual perception and the public or media narratives, comparatively the gambler is only left with an option of comparing, contrasting and extracting various information and personally arrive at it's own conclusions and decide on what should be followed with personal conviction.

.
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October 06, 2024, 06:29:10 AM
 #114

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?




Though I wonder what could possibly be your definition of valued bet? But however, every gambler owes him or her self that responsibilities of attaching or maximizing the value towards their bets but as regards to public perception and media narratives I could say that the media itself is a public perception to the best of my knowledge, the discrepancies could have been individual perception and the public or media narratives, comparatively the gambler is only left with an option of comparing, contrasting and extracting various information and personally arrive at it's own conclusions and decide on what should be followed with personal conviction.
The value here is perhaps the practicality and the results that come from relying on the reports and news that the media provides, instead of collecting alone and without a news team, the media has people who are experts in filtering hot news, and with this hot news, it forms another data and as a result, gamblers can rely on this to strengthen the results. But there are too many calculating brains here, for example, a sports match, the club wants to fake information, the bookmaker likes to exaggerate to disrupt everything, the media likes to write emotionally, with fake news mixed with analysis, it's hard to look at these issues objectively.

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October 06, 2024, 06:39:28 AM
 #115

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?




Though I wonder what could possibly be your definition of valued bet? But however, every gambler owes him or her self that responsibilities of attaching or maximizing the value towards their bets but as regards to public perception and media narratives I could say that the media itself is a public perception to the best of my knowledge, the discrepancies could have been individual perception and the public or media narratives, comparatively the gambler is only left with an option of comparing, contrasting and extracting various information and personally arrive at it's own conclusions and decide on what should be followed with personal conviction.
The value here is perhaps the practicality and the results that come from relying on the reports and news that the media provides, instead of collecting alone and without a news team, the media has people who are experts in filtering hot news, and with this hot news, it forms another data and as a result, gamblers can rely on this to strengthen the results. But there are too many calculating brains here, for example, a sports match, the club wants to fake information, the bookmaker likes to exaggerate to disrupt everything, the media likes to write emotionally, with fake news mixed with analysis, it's hard to look at these issues objectively.

The whole environment can be very complicated where at some point games odds tend to be adjusted before the start of a getting gamblers very confused nothing is ever to be rely on, one of the reasons why it is always advisable and worth reminding to bet only with an amount that one can be able to afford to lose in the case of things taken the opposite direction and possibly not taken gambling too serious but just as fun , do all that you feel you know how to do and allow luck to locate you as regards to what becomes of the possible outcome.

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October 06, 2024, 07:13:32 AM
 #116

When it comes to media, only two come to mind, and that is mainstream and social media platforms. Where in this era we can still say that the influence of the mainstream media is still strong.

But even more so, the social media platform is still strong, where there are more individuals who use it in different parts of the world, where it is also used in the promotion of gambling,
whether land-based. or online casinos.

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October 06, 2024, 09:46:34 AM
 #117

When it comes to media, only two come to mind, and that is mainstream and social media platforms. Where in this era we can still say that the influence of the mainstream media is still strong.

But even more so, the social media platform is still strong, where there are more individuals who use it in different parts of the world, where it is also used in the promotion of gambling,
whether land-based. or online casinos.
The influence of social media platform becomes strong following more people use that to communicate and search for the news. The generations now search for the info from social media platform besides of mainstream media but they are more often use social media as they can find more info. They are slowly leave the media platform that is not gives much info or serving a fake news. That is why they prefer to use social media platform before they decide. That makes many businesses including casino site also use social media platform to reach out their fan because they know the impact of using social media for their business.
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October 06, 2024, 10:03:00 AM
 #118

The influence of social media platform becomes strong following more people use that to communicate and search for the news. The generations now search for the info from social media platform besides of mainstream media but they are more often use social media as they can find more info. They are slowly leave the media platform that is not gives much info or serving a fake news. That is why they prefer to use social media platform before they decide. That makes many businesses including casino site also use social media platform to reach out their fan because they know the impact of using social media for their business.
Both medias and social medias are not inevitable with fake news.

The new generations are unique IMO, in the past we're mostly follow only one or few trusted people because we only trust with them. But, now people are more interested to read other people's opinions even though the poster has zero follower.

People nowadays draw conclusion from few bad personal experience since people with good experience remain silent.

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October 06, 2024, 12:42:03 PM
 #119

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 can have a big impact over odds, considering they bring indormations and news about players and teams in real time. If the media announces a determined team won't have its best offensive player on the next match, this information will have influence over the odds for that respective game.

Public opinion or common sense doesn't have a large impact, though, because in this case it's more about speculation than evidences. It's also important to notice both, public opinion and media, have their favorite teams. Therefore, their conclusions tend to always be biased in favour of a specifical team during the competition. So you have to be clever enough to filter what is an important fact  to be taken into consideration from what is just their opinion (or cheering).

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October 06, 2024, 12:54:05 PM
 #120

When it comes to media, only two come to mind, and that is mainstream and social media platforms. Where in this era we can still say that the influence of the mainstream media is still strong.

But even more so, the social media platform is still strong, where there are more individuals who use it in different parts of the world, where it is also used in the promotion of gambling,
whether land-based. or online casinos.
The influence of social media platform becomes strong following more people use that to communicate and search for the news. The generations now search for the info from social media platform besides of mainstream media but they are more often use social media as they can find more info. They are slowly leave the media platform that is not gives much info or serving a fake news. That is why they prefer to use social media platform before they decide. That makes many businesses including casino site also use social media platform to reach out their fan because they know the impact of using social media for their business.
You are right and I agree with you, social media have become a force of its own in almost everything we do in life today, so also with gambling, I can say for sure that online gambling casinos spend far much more money on social media advertising than they do on the mainstream media.

What about offline casinos - like casinos that are land based, they too no longer depend on their mainstream media ads, they too are moving their ads power to the social media, I can even say that every business, both online and offline that can afford it, are all moving their ads weight to social media, because this days, it's hard to see people standing on the street reading an advertisement on a poster, or even collect a flyer and pause to see what's written on it, every one is about their business and they only place they sometime pause to read or watch an advertisement is online and in the social media.

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