Media and Gambling, How does it work?

[Juse14]

In ongoing leagues, public perception and media narratives tend to influence betting odds. When a winning streak or significant loss is highly publicized, the betting odds may be skewed as a result. This creates a situation in which sports bettors can exploit by seeking out independent statistical data rather than relying solely on reports from the media. One can also identify true betting value by watching odds movement and taking advantage of public overreaction. Another way to find bets that offer the best value is through the use of sentiment analysis tools and having multiple betting accounts to compare odds with. This allows one to use the influence of media and public perception to find more profitable opportunities, all while being on sharp side value bets.

[m2017]

How often do public perceptions and media narratives influence betting odds in ongoing leagues,

These public opinions and media reports influence with a factor of 1 to 2 (50%)? That is, they are either accurate or - wrong.

and how can bettors exploit these discrepancies to find value bets?

I believe it is a search for discrepancies between the real coefficient and the one erroneously formed by public opinion or the media.

[cabron]

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?

When a team is crowd's favorite and bookmakers also consider rooting for the fave team, yes it influences odds and bettors. That's why when it's hyped by the media, it's often also going to win. There must be magic behind this thing as the favorite team does its best to impress fans and the non-favorite team is discouraged by the people's reaction.

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.

How about if we look on the situation as following:

I have noticed, that every time Olympic games run or there is a World championship, in media we see a lot of supporting articles, pictures, videos, also billboards, ads and etc, that call to support your team or country. For the clothes manufacturers and sellers, it means there will be a demand on merchandise, so they pump prices. Some category of people support their country or team by placing a bet on its win. If the casino see that people start to place a lot of bets on one team (even if it is not a favorite), dont you think they would reconsider odds?

Not what they intend to do but they don't care if there are lots of bets for that team. The odds always changes when the team makes points but not to the number of bets.

[Julien_Olynpic]

The opinion of the media is generally very difficult to use in calculating odds. I think that bookmakers do not focus on the media, or focus on it indirectly. Rather, the media is a kind of indicator. On the one hand, we understand that media materials can be commissioned and reflect the point of view of the customer of these materials. On the other hand, media material can reflect a widespread opinion in society or the point of view of the author. Let's say we are expecting a fight between two titled boxers. And most media begin to think that boxer X is playing, and boxer Y will lose... How can this be used in betting? Honestly, I don't know.

[bakasabo]

The opinion of the media is generally very difficult to use in calculating odds. I think that bookmakers do not focus on the media, or focus on it indirectly. Rather, the media is a kind of indicator. On the one hand, we understand that media materials can be commissioned and reflect the point of view of the customer of these materials. On the other hand, media material can reflect a widespread opinion in society or the point of view of the author. Let's say we are expecting a fight between two titled boxers. And most media begin to think that boxer X is playing, and boxer Y will lose... How can this be used in betting? Honestly, I don't know.

But media has helped to create lots of popular athletes. If someone invests a large amount of money and create a rumor that Julien_Olynpic is the most precise shooter in the world, wont it slightly increase your odds and chances to win? Like media has created hype around Turkish shooter Yusuf Dikec, and now he is everywhere. And the next time he participated in competition, he will be give much more attention, and possibly better odds.

[Morr1s]

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 think that casinos will increase their odds because of the developed media. These are large companies that know how to build a system that is profitable for them, and I don't think they need to raise the odds.

[Republikcoin.com]

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 think it will have much of an impact on everyone who wants to bet, especially since we know that in a league there are also weak teams and also quite strong teams so that the bookmakers themselves will definitely make the odds different for each match. So you don't have to rely entirely on public perception and media narratives if you want to bet on an ongoing league. But try to make your own choices and even if you lose because of your own choices, at least there is no one to blame for it.

[crwth]

I imagine this as a producer where you show some incredible scenes of a team that people may accept and then go bet on that underdog team. Play scenes on how they show the team a good life and then make it seem that the underdog can win.

If that is the case, I don’t think it is that much because people will only go and if they have Accounts gambling sites but for people who just see it on media, they may not be active in gambling or something. The people exposed it might not be gamblers. So, I don’t think it has an effect.

[YOSHIE]

How often do public perceptions and media narratives influence betting odds in ongoing leagues,

There is not much influence from Perception and Narrative carried out by the media, what's more the betting is taking place, both understandings are taken based on events or stories that have occurred in gambling or in a sports game, The gambling information provided is based on objective experience and is carried out in accordance with the results of the match.

and how can bettors exploit these discrepancies to find value bets?

The benefits and differences that can be taken by users, of course based on the final result of the match, that's where the differences can be taken to determine the value of future bets. This club has a good chance and that club has a bad chance or is not worth it.

[khiholangkang]

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 think it will have much of an impact on everyone who wants to bet, especially since we know that in a league there are also weak teams and also quite strong teams so that the bookmakers themselves will definitely make the odds different for each match. So you don't have to rely entirely on public perception and media narratives if you want to bet on an ongoing league. But try to make your own choices and even if you lose because of your own choices, at least there is no one to blame for it.

Of course it will not affect because public perception is very random and who speaks to the public is not an expert in the field, only based on taste and knowledge, so I also think public perception will not affect the odds on gambling.

Thus, the bookie must have an analyst who is always used, whether it is an expert or a computer system as an assessor who is dedicated to making a conclusion on fan matches providing odds according to what they find in their assessment results not in public perception, even though it is widely discussed.

[Weawant]

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.

As it regards the influence on odds and how casinos probably gets to place odds on games it's one which I cannot really ascertain how well but I know that somehow at some point public opinions has got a really huge effect on the way the public do place their bets on games, some times, getting to a casino, you get to see that some group and set of people get to discuss and talk about the games and what their expectations on such games are and you see that in a very huge way, it affects the perception of ohe gamblers and what their sentiments are on such game but with the casinos it's really different.

[Su-asa]

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 think that casinos will increase their odds because of the developed media. These are large companies that know how to build a system that is profitable for them, and I don't think they need to raise the odds.

We have a lot of casinos in the industry and all of these casinos have their own specific places that they gets their updates from and to be truthful the medias too also influence the odds because the Media's are what broadcasts the news if any players will play the games or not and from there the casino will decide if they will increase their odds or reduce it.

[coin-investor]

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?

You can check it and compare what you have, but the final decision should be based on your analysis if they are compatible with your analysis, then you have verified that your analysis is good, but if it contradicts what you have, then you have to go back and double-check and see where your error.

Public perceptions and media narratives have reasons for generating those results, and you can use that to your advantage. You should take it positively and use it to your advantage to get the best results on your bets.

[SmartGold01]

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 think that casinos will increase their odds because of the developed media. These are large companies that know how to build a system that is profitable for them, and I don't think they need to raise the odds.

We have a lot of casinos in the industry and all of these casinos have their own specific places that they gets their updates from and to be truthful the medias too also influence the odds because the Media's are what broadcasts the news if any players will play the games or not and from there the casino will decide if they will increase their odds or reduce it.

Don't you think that these casinos always have someone that is representing them in most of the country? Yes sinces they would want to work with accurate information it could be better to provide a good odds but however, public doesn't provide and they are not in any place to decide odds rather is the bookies who issues odd according to the information gotten from the club. Most times the odds changes during or before the game start running sometimes odds changes when the news are confirmed.

[ethereumhunter]

Bettors will place their bet after they research for the match. Media will influence public perceptions and if bettors can't hold themselves with what happens to public, they can get the affect to that and can change their decision following what they see and know. But if bettors can be wise with what happens to public perceptions and media narratives, they will use that for their benefit and have their decision to place their bet.

No matter what is happen with the betting odds in ongoing leagues, bettors should not get influence with that because they can research what they needs to decides. Bettors should know what they needs to do and research is the best thing that they should do before they place their bet without thinks about public perceptions and media narratives.

[Spaceman1000$]

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 outlet most times call sportsmen to most times give an overview of a certain event, it could be basketball, football or cricket. most times these sportsmen are professionals on those events, some are retired while some are still active in the game. This set of guest in the studio most times appeal to the conscience of the people watching because of the influence they've gather based on how popular they've been. However when most persons tune in to sports channels and hear the expert analysing and dissecting the possible outcomes of most of the events, those analysis can help give an informed decision to a gambler on how to place his bet.

[peter0425]

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.

The thing is sports is entertainment and the media wants it to be super entertaining as possible so they create these storylines. Some being return of the champions or some being the underdogs finally winning. So some media experts tend to overplay some chances of a team if that is what they want to push.

While it can be helpful to listen to some analysis of the media or other experts, having your own can still save you a lot of troubles.

[Wapfika]

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?

Actually, Only few rely on media predictions nowadays considering that many gambler preferred to Do it Yourself way on choosing what team to bet.there’s no advantage on taking media predictions since they are just predicting based on how they can sold the much to the public.

Most of the value bets matches doesn’t covered by mainstream media since most of the matches being featured are those involved with big names which matches usually has an obvious advantage.

Finding a value bets is only possible on minor leagues which bookies doesn’t pay much attention on odds.

[Zlantann]

Bettors will place their bet after they research for the match. Media will influence public perceptions and if bettors can't hold themselves with what happens to public, they can get the affect to that and can change their decision following what they see and know. But if bettors can be wise with what happens to public perceptions and media narratives, they will use that for their benefit and have their decision to place their bet.

No matter what is happen with the betting odds in ongoing leagues, bettors should not get influence with that because they can research what they needs to decides. Bettors should know what they needs to do and research is the best thing that they should do before they place their bet without thinks about public perceptions and media narratives.

as much as you use these social media platforms, they have a way of influencing the perception we have of players and clubs. A social media post that a player in a match will no longer feature in the game will make you change your bet, even after you have researched the players that will feature in the game. it is important to do our research but we shouldn't neglect the fact that social media can give out information that is kept secret by other information platforms. However, social media can also spread fake news derived from rumours, so we need to be careful.

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?

Odds are determined based on the present performance of the club, head-to-head and other historical analyses. These sports professionals who analyse these games are part of the society. And you can agree that almost everybody is influenced by the social media. So it is possible that in the course of these analyses, some information that these sports analysts have gotten might influence their decisions.     

[Dewi Aries]

I think the media narrative will only affect people's perceptions including those who want to involve betting, but I don't think it can completely affect the results in the game, this is nothing more than a belief due to being carried away by the media atmosphere and does not mean something that can really come true.
But in terms of betting, everything is free to you, following the media narrative might make you feel more disappointed because you only rely on something that many people believe in.

I understand that it doesn't matter to be made as a choice, but at least before you make a decision you should re-analyze which choice you think can increase your chances of winning, and if you think it's quite doubtful then of course it's better to make something you believe in as a choice, for me the media narrative still won't be able to guarantee victory.