1.90 odds in sports gives you 50% chance fo winning.

[freedomgo]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?

Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?

[Poker Player]

This is not accurate. The 1.90 is given to you by the house when it calculates that there is a 50% probability that you will win. Those calculations are not exact. It is not like in roulette that if you play red or black you have a 47.37% chance of winning (in American roulette). That's exact.

If you are able to beat the house in the odds calculation is how you win money in the long term, which is becoming increasingly difficult especially in major sports.

[Maslate]

This is not accurate. The 1.90 is given to you by the house when it calculates that there is a 50% probability that you will win. Those calculations are not exact. It is not like in roulette that if you play red or black you have a 47.37% chance of winning (in American roulette). That's exact.

Probability in sports betting is not like in roulette, where the odds are based on fixed probabilities. In sports betting, the odds are merely predictions set by bookmakers, which means they can sometimes be over- or undervalued. Sticking with 1.90 odds gives you a disadvantage of 10% every time you bet, so your winning chance should be 60% or more to make a profit, assuming you manage your bankroll effectively.

[Charles-Tim]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?

With 2 odds, the chance of winning is not even 50%. Just like you posted, there is house edge. So with 50% chance of winning a game, the casino are still more likely to win the gambler because the house edge makes the winning probability to be less than 50% for the gambler.

quote author=freedomgo link=topic=5505716.msg64410240#msg64410240 date=1723270074]
Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?
[/quote]
Most gamblers wants to win, but it is in the casino terms of service that gambling should be for fun. The casinos know that gamblers are losing regardless of the odds they are using to bet.

[Viscore]

Most gamblers wants to win, but it is in the casino terms of service that gambling should be for fun. The casinos know that gamblers are losing regardless of the odds they are using to bet.

They would say that so you'll always come back, but I don't think it's part of the terms, LOL.

Anyway, let's talk about the real probability of winning. Yes, 1.90 odds don’t really give us a good chance to get ahead unless we can consistently win 6 out of 10 bets, which is really hard to achieve. By the numbers, it looks possible, but in actual experience, most of us would fail. One reason why we fail to achieve that success is because of the phrase "having fun." When you’re having fun, you’re not too serious about improving your strategy; you’re only focused on gambling within your limits to ensure you don’t get addicted, so you can continue to have fun. This is different from gamblers with a serious mindset, who believe, backed by their analysis, that they can win in sports betting—not necessarily beating the house, as we aren't gambling against the house here.

[DaNNy001]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?

Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?

Everyone has different targets and strategies in sports betting ,some people aim to get 2 odds or probably lower than that on a weekly or daily basis, the lower the odds the chances of it playing out is quite high but this doesn't guarantee a hundred percent successful outcome. I have played single games lower than 1.50 odds that turned out to be unsuccessful. Following this kind of strategy can be quite helpful but you can't always have winning streaks

[un_rank]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run?

If you are playing a single game you have a good chance to be fairly even over the long run in wins and losses, could swing on the side of wins if you are lucky. If you are playing a multi ticket the chances of winning is much lower over the long run.

- Jay -

[danherbias07]

Nah, I tried that last year with the EuroBasket and it doesn't work. You will just lose if you really have no idea who is going to win the game.
I tried betting for x1.60 to x1.85 odds without any knowledge about the other team except for my favorites. But because I want to keep on betting, I forced myself to try and just place a bet for the unknown.
It's a losing strategy even if you take handicaps like +5 to +8 with odds of x1.60 to x1.90, there are unpredictable things that could happen and you might end up having a losing streak rather than a winning streak.
x1.90 is actually a high-risk bet, I'd rather take odds lower than it but not to the extent of x1.20 downwards.

[xLays]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?

Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?

I think no one will stick to betting with these odds, but the experience of betting on those odds always results in different outcomes. For me, it can be a good outcome, but for some of you, it may not be. For sure, all of us gamblers have tried to bet on these odds. And speaking in the long run, the house (casino) always wins.

[ajiz138]

Not necessarily odds of 1.90 being a 50% chance for you can be different results, several times trying to bet with odds of 1.90 or below there are still some losing bets I would not say this is a long-term success because it depends on the match chosen too.

If it's a favorite team 1X2 bet then have confidence will be won, but if in other matches are not sure even though always choose odds below that.

[Charles-Tim]

Most gamblers wants to win, but it is in the casino terms of service that gambling should be for fun. The casinos know that gamblers are losing regardless of the odds they are using to bet.

They would say that so you'll always come back, but I don't think it's part of the terms, LOL.

I saw it on Stake terms of service. Go to Stake terms of service. You will see it under prohibited uses.

14. PROHIBITED USES
PERSONAL USE
14.1 The Service is intended solely for the User's personal use. The User is only allowed to wager for his/her personal entertainment.

[Cryptmuster]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?

Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?

You understand that everything depends on the player, if he is able to win more often than lose, then he will have a profit.

But I would like to ask, why exactly the coefficient of 1.9 was taken, why not 2, or 3? )

In fact, you can substitute different odds, but what is more important is not odds (although this also matters), but your statistics of winning bets in the long term. Every player who wants to earn money in gambling should keep statistics of each bet to see how much he managed to win. Let's say how much he managed to win from 100 bets? This is a good enough number to understand how successful you are as a player and, accordingly, you can calculate your success with different odds. And then only calculations, if you can win 60 bets out of 100, then there is a chance to be with a profit, if more than half of the bets are losing, then either you need to increase the odds, and try again, or it will not be easy for you to earn money on bets.

[Solosanz]

That's why I don't really looking to bet at exact odds over and over, instead I choose to bet on underdog and only bet on the team that which I think has high chance to pull upsets. Betting 1.90 odds in the long run will make you loss since the risk and reward isn't 50/50.

While betting on underdog, I'm not looking for the money in long run, but whenever I win, I'm happy and the reward is big.

[Hirose UK]

Actually it will not guarantee victory because the odd given to the team with a lower number indicates that the team has an advantage such as being the host or bigger team.
Basically the results in sports match cannot be determined with certainty who will be the winner, especially if only look at the chances then it is very ridiculous.

Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?

So far I have never seen gambler who does all that by achieving long-term success, moreover achieving success from gambling is impossible even though it is overall from sports betting.
Gamblers who bet only by relying on the chances or odds given by the bookie are gamblers who are quite stupid because they will only lose money periodically.

[Russlenat]

That's why I don't really looking to bet at exact odds over and over, instead I choose to bet on underdog and only bet on the team that which I think has high chance to pull upsets. Betting 1.90 odds in the long run will make you loss since the risk and reward isn't 50/50.

While betting on underdog, I'm not looking for the money in long run, but whenever I win, I'm happy and the reward is big.

That seems like a solid strategy because underdogs do offer great odds, and even if you win 50% of the time, you can still guarantee a profit. However, not all underdogs will win, so it’s important to be careful when choosing your bets. The key is to focus on quality rather than the quantity of bets. Bookies won’t offer 2.00 odds for a 50% probability because they need to stay profitable as well. They facilitate the betting, so they deserve to take a cut to continue their operations. That’s the concept behind 1.90 odds, where 10% goes to the juice.

[Poker Player]

This is not accurate. The 1.90 is given to you by the house when it calculates that there is a 50% probability that you will win. Those calculations are not exact. It is not like in roulette that if you play red or black you have a 47.37% chance of winning (in American roulette). That's exact.

Probability in sports betting is not like in roulette, where the odds are based on fixed probabilities. In sports betting, the odds are merely predictions set by bookmakers, which means they can sometimes be over- or undervalued.

May I know why you are quoting me? In the first part you repeat what I said, and in the second part you seem to want to dispute what I said by stating something false.

Sticking with 1.90 odds gives you a disadvantage of 10% every time you bet, so your winning chance should be 60% or more to make a profit, assuming you manage your bankroll effectively.

It definitely does not give you a 10% disadvantage in each bet. Surely you are one of those who write here but you have never bet in your life, let alone made a serious calculation. It definitely does not give you a 10% disadvantage in each bet. Surely you are one of those who write here but you have never bet in your life, let alone made a serious calculation. If you are getting $1.90 for every $1, you only need a 53% long term hit rate to make it profitable.

[Jaycoinz]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?

Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?

When it comes to gambling you can really estimate the exact winning percentage Because nothing is actually safe, I came across a tweet about a guy that placed a bet of 10 million naira on 1.10 odds , and that was just one game he ended up losing that money
Sometimes it's good to have a strategy in betting but always remember that luck is a major factor, if a little odd like 1.10 could go sideways how much more 1.90.. gambling is always 50/50 odds doesn't really matter

[tsaroz]

So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?

Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?

A 1.90 odds in gambling long term would lead you to lose 5% of total amount you have bet. That's math and probability. No one is winning even with 1.99 in long run.
But for something different like a sports bet or a game of poker against real people, You can make have your skill work to make you win. Games like Poker favors the experienced and skilled ones. It's not always the cards that makes you win in Poker.
Similarly in sports bet, the general opinion and head to head stats might decide the odds but you can have special talent to determine the things that other people can't notice which would effect the result of the game. Your analysis might be better than others and in that case, you can easily turn a 1.9 odds to a winning strategy.

[mindrust]

There is a hidden ToS rule that every casino has: You are not allowed to beat the house.

As long as you accept this reality and still play, everybody will be happy. If you can’t take that and try to win either by cheating or fooling their algo; sooner or later they will lock your account.

[Adbitco]

No it is not certain that with the range of odd one can win constantly because I've also came across a post we have someone bet 1.4 million on a 1.08 odds and still lose the bet. This is to show that even the lowest odd does not guarantee winning but what matters is if your prediction is right most time or does not count to your winning but people would say that lesser odds guarantee's winning.

If judging by that post which that user made, a bet of 1.008 odd and stake 1.4 million dollars this could have shown that even the least odd can't guarantee winning for long run, but when a prediction is exacted to what you bet then there is every chances of winning, and of course you can win that continuously but we should also know about how matches are played most times and it would go against our bet.