Media and Gambling, How does it work?

[EarnOnVictor]

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?

This doesn't affect me in any way since I know that if it is a real match, there is nothing the media can do about it, it's all about the teams involved, there past and present information is key to selecting the right side. But this doesn't mean it doesn't affect some people, people are gullible, what do you expect? But the truth remains that if the media cries from now till tomorrow in terms of hypes and downgrading of a team for another, "what will be will be." This is not some sort of online market where rumour, hype, fake news and others can have a huge influence over them.

[Coin_trader]

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.

Social media platform is full of garbage data and fake news. It’s very hard to rely on someone else post or opinion on social media verifying the data in the web since some user is spreading fake news.

Bookies nowadays use the current bet status of their sportsbook to analyze odds and adjust it based on the pulse of the bettor plus the general statistics of the sports itself. Bookies is very rare to consider social media platform that is well known that full of spam post to consider for their odds.

I think the live broadcast is the media the OP talking about that can be use for advantage in gambling for live matches betting.

[I_Anime]

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.

That's why you have to look into things well before deciding which team to bet on , I know some times most people can be gullible they can easily follow medias due to the hype, so that they can be certain that they are going to win, but you can't expect that same team to be winning always . There are always the underdogs .

[Hispo]

...

Social media cannot easily influnce on bookies, that is true, but social media could (in theory) influence over an important percentage of gamblers/bettors who are part of the betting market, and thus changing the odds on live time while the match has not started yet.
For example, some Influencing and big accounts on Twitter/X could be paid by some crime syndicates so they started to spread rumors on one of the teams to have lost their star player for whatever reason.Naturally, that would prompt people to change their bets in favor of the opposing team.
It is like fake news with the purpose of getting favorable odds in the eyes of the crime syndicates and only for a limited period of time, before people realized their have been deceived to bet in certain way.
Because of scenarios like that one I just described, I would only focus on the match and not look for rumors or information about the team right before the thing to actually start. It is the best for one's sanity and pocket, I guess.

[vs2014]

I think media is now the biggest platform where gambling and ideas are simply awakening people. Many people in the streaming community are starting to convert to gambling streams and we can't blame them. Because they are providing their services in exchange of money and they never force or compel us to bet on gambling. Speculating on streamers who are choosing to switch from their normal gaming streams to gambling streams. Moreover, in the current context, people give more priority to online gambling due to which there is more gambling traffic in the media.

[Dewi Aries]

The public perception that you see from social media can only influence or change your trust or belief in a team that is being discussed, but I think it is a fact that it will not affect the performance of a team which means that media perception will not be able to change the results of the game, when you believe and believe in the perception of people who are spread in a media for a reason and it turns out that the perception is wrong or does not match reality, then of course you will most likely lose when making that belief the basis for a decision in betting.
Odds can change only when something happens to one of the two teams that will compete, such as a change in tactics or players who are injured, red cards or pure advantages that cannot be tolerated such as one of the two teams that will play at home or away.

[nimogsm]

I think media is now the biggest platform where gambling and ideas are simply awakening people. Many people in the streaming community are starting to convert to gambling streams and we can't blame them. Because they are providing their services in exchange of money and they never force or compel us to bet on gambling. Speculating on streamers who are choosing to switch from their normal gaming streams to gambling streams. Moreover, in the current context, people give more priority to online gambling due to which there is more gambling traffic in the media.

in this scheme, both parties have their own benefits. For example, a site that holds an event, for example, boxing, can pay for articles in the media so that potential clients pay attention to it and place a bet. and in this case, both sites will receive their PR, so this partnership is profitable. Various types of influencers and bloggers also have their own interest and these are directly related things. For example, the fight that will take place in November between Tyson and Jake Paul is direct evidence of this.

[TheUltraElite]

Identifying an underdog is a difficult task though. Odds might vary between sites and them being advertised is a chance but its tough to make that call because you have a equal chance to lose money, but I guess for gamblers it is no risk to no reward thing.

Still betting on the winning team is what we all want to do and that makes gamblers choose their options and search for more options in a desperate attempt to make more money.

Media has both good and bad effects on gambling, we have to be diligent when drawing conclusions here.

[viljy]

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?

In my opinion, such an influence of various publications can rather influence somewhere like professional boxing, rather than football. Unless it's some kind of yellow press with publications about individual players, relishing some scandals, etc. In any case, then you need to bet against what such commissioned articles are aimed at. But it's even better to bet as if there is nothing like that. The more information noise a person perceives, the more likely they are to make a mistake.

[Dr.Bitcoin_Strange]

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 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.

Agreed, the media always has a role in sports betting, it's also not just about the readiness of the player and or whether or not the player is good to play in the related match, but sometimes  gamblers also forget when there is an interesting match to bet on. In this case, gamblers can find out a lot of things through the media, so the media and gambling will always be related but it seems to be only about sports gambling. Because after all,  gambling on sports is not about us considering the house like in casino gambling, because in sports gambling of course gamblers need a lot of information and or updates that occur about players and teams before the match starts.

Yeah, those that always stay updated with latest information or event makes more accurate prediction, I know that betting is also about luck but at least when a bettor gets enough information about matches and performance of players and teams, they would know the strongest team and if they can win. During some matches, players get injured and if a bettor is aware of all that, they can know that the team will not perform well in their next Match, unless they buy or replace players.

[liasbaa]

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.

That's why you have to look into things well before deciding which team to bet on , I know some times most people can be gullible they can easily follow medias due to the hype, so that they can be certain that they are going to win, but you can't expect that same team to be winning always . There are always the underdogs .

Underdogs are able to easily understand market trends as they can provide insight into the brains of many people. Among the promoters are the real underdogs and the ones who target the common people and rake in more profits in order to maintain their winning streak. A reliable platform should be chosen for betting so that you can get your dues after winning the bet.

[Weawant]

I think media is now the biggest platform where gambling and ideas are simply awakening people. Many people in the streaming community are starting to convert to gambling streams and we can't blame them. Because they are providing their services in exchange of money and they never force or compel us to bet on gambling. Speculating on streamers who are choosing to switch from their normal gaming streams to gambling streams. Moreover, in the current context, people give more priority to online gambling due to which there is more gambling traffic in the media.

Media has become a very important tool to promoting almost any thing especially for business, before now, there were more of gamers around that got many streamers to go into game streaming but now it became clear that we have got so many persons going into gambling and this traffic for gambling literally has increased so well that taking advantage of it well enough could mean some good money because in the end, all of this are done for money which entails they are business so they will always want to got o the point where there's more traffic and potential to making some more money. Although this has not completely faced out gamming streaming and it doesn't means they don't have traffic there or make money there two but the gambling innovation seem to be the recent trend.

[nullama]

~snip~
This doesn't affect me in any way since I know that if it is a real match, there is nothing the media can do about it, it's all about the teams involved, there past and present information is key to selecting the right side. But this doesn't mean it doesn't affect some people, people are gullible, what do you expect? But the truth remains that if the media cries from now till tomorrow in terms of hypes and downgrading of a team for another, "what will be will be." This is not some sort of online market where rumour, hype, fake news and others can have a huge influence over them.

It's quite clear that mainstream media has a lot of control on the majority of people.

Even TV is massive today, considering that a lot of people only go online for content.

In reality, the mass produced media likes to keep people under their control, sending whatever messages they want, at whatever prices they want.

[Lanatsa]

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.

That's why you have to look into things well before deciding which team to bet on , I know some times most people can be gullible they can easily follow medias due to the hype, so that they can be certain that they are going to win, but you can't expect that same team to be winning always . There are always the underdogs .

Underdogs are able to easily understand market trends as they can provide insight into the brains of many people. Among the promoters are the real underdogs and the ones who target the common people and rake in more profits in order to maintain their winning streak. A reliable platform should be chosen for betting so that you can get your dues after winning the bet.

Cant really be able to deny that when it comes on betting on underdogs could really be giving out that kind of good profits but of course there would really be still
some considerations on which you would really be needing up to look up. You cant just throw up some bets blindly because if we do really think up sensibly that favorites are
really that likely to win but of course there would really be those moments or times that upsets could really be able to happen. As for news and other fundamentals then it cant be denied that this is something
that could really be able to give out some effect in overall decisions that you would be making. As for clues then i dont really believe that much or any other correlated things into it.

[Z_MBFM]

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

The casino site are not sitting any Odds according to the bet amount. they doing their own research and then set a  odd for  every match. If a site sets odds according to customer opinion and customer demand then that site will go bankrupt very quickly.  But one thing to note is that equal amount of odds are offered on every site for every match every time.  Although I'm not sure, I think there is a specific person or organization that every gambling site follows to set the Odd amount.

[Kelward]

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.

We can't underestimate the influence of the media when it comes to sports bets, they share information and give analysis based on what they know or predict. I think that bettors should take every sporting news and predictions on advisory levels because anything can happen on the field of play. The bookmakers still have the edge over gamblers because they're more experienced than most gamblers. Most times bettors follows media hypes and let it to form their bases for analyzing matches, but in the end luck plays a crucial role in determining the outcome of matches. The media, bookmakers and the gamblers doesn't have influence regarding what really happens in a match, it's the teams chances and abilities that determines outcomes.

[SatoPrincess]

Gambling is a multi million dollar business. Casinos do not generate their odds based on public perceptions, they have an algorithm that determines the probability of wins, draws and losses based on previous data. Casinos are in it to make profit. Public opinions of the outcome of a bet are usually wrong more often than not. This is how the casino make their money. I’d argue that 40percent of sports bettors do not do thorough analysis of the game before placing their bets, some believe in luck, others simply bet on their favorite team to win.

[AmoreJaz]

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

The casino site are not sitting any Odds according to the bet amount. they doing their own research and then set a  odd for  every match. If a site sets odds according to customer opinion and customer demand then that site will go bankrupt very quickly.  But one thing to note is that equal amount of odds are offered on every site for every match every time.  Although I'm not sure, I think there is a specific person or organization that every gambling site follows to set the Odd amount.

Not only research, but they have some data analysis to do the job of calculating those odds. Also, some are already using AI tool to predict such odds. Bookmakers should be ahead in terms of technology, otherwise, they can easily go bankrupt these days if they are not careful with their operations. As you will also noticed, the odds in different bookmakers are similar. So most definitely, they have done such comparison as well.

Also, with the deployment of data analysis, they can also predict the outcome based on previous history available over the net. This is why, it is also good to read some insights from different prediction sites and gain some information you haven't considered of. It can give you some pointers to think about and weigh your options before finally placing your bet. At least, you have done your analysis and not just betting blindly.

[ethereumhunter]

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.

That is why new generations search for a place that can give them many news and real. Tiktok and Instagram become a very popular place for them to find more information about the news. They don't search from the website too often because they feels confusing with the news so they better use those two social medias to find the news.

I think people now become smart reacting to the news they read. But unfortunately, people now easily to say many things including bad things openly without filtering. They think that is a freedom to speech in social media but they don't know that they must have responsibility of what they said in the social media.

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.

Casino know  that social media can influence to people to do something so they use that to grow their community and that is one of many ways to have more members. They also give promotios in their social media to attract more attention from their subscriber or new people and that is works.

Offline casino have a different works from online casino because their members come from locally although they have some members from other places. Maybe they don't use social media to promote their casino instead use other things to reach out their new members.

Social media platform is full of garbage data and fake news. It’s very hard to rely on someone else post or opinion on social media verifying the data in the web since some user is spreading fake news.

Bookies nowadays use the current bet status of their sportsbook to analyze odds and adjust it based on the pulse of the bettor plus the general statistics of the sports itself. Bookies is very rare to consider social media platform that is well known that full of spam post to consider for their odds.

I think the live broadcast is the media the OP talking about that can be use for advantage in gambling for live matches betting.

That is right so new generations will not use that as a source of information. They will use the other social media to gather the news and verifying the data. We know the power of those people spreading the news they get and share it to other people and there will be some people who clarify the news is right. Once they found the real info, they will spread it to their account so more people will know what is happen. Gambling and media works together and reach more people to come to the casino because of the promotion. Casino and other business will selective when they want use social media because that is the way for them to grow their business in the internet.

[Reatim]

Also, some are already using AI tool to predict such odds. Bookmakers should be ahead in terms of technology, otherwise, they can easily go bankrupt these days if they are not careful with their operations. As you will also noticed, the odds in different bookmakers are similar. So most definitely, they have done such comparison as well.

Even though I know AI can’t possibly make 100% accurate predictions, I can recognize how this can be dangerous to the system as it found its way to cheat the system. Platforms should find a way to identify if a gambler is using AI while betting. But since it is still difficult to identify such things, many would have a chance to take advantage of this.

Also, with the deployment of data analysis, they can also predict the outcome based on previous history available over the net. This is why, it is also good to read some insights from different prediction sites and gain some information you haven't considered of.

The more sample group there is, the more you can check historical data for patterns and trends which you can base your conclusions on. It’s not going to be 100% accurate however this can help you in making a more informed decision and even though it might not happen for sure this has higher chances of being right than just betting without knowledge.