Charles-Tim
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September 14, 2024, 12:36:33 PM |
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In fact, with odds of 1.9, the probability of winning is not 50% in sports betting, but 52.63%. This is the exact probability of winning with this odds. The probability of winning is calculated using the formula 100/odds. That is, if we divide 100 by 1.9, we get the figure 52.6315…% At first glance, it may seem that this figure is close to the probability of 50%. But the difference is 2%. This is a fairly large difference in probabilities, which can be summed up in your strategy or subtracted from it in the long term, which can lead to very large wins or losses over the long term. This difference must be taken into account in any case.
I do not believe this. If a club is given 1.9 odd to win, the club it is playing with can be given up to 2.5 or more odds but the club is not also a small club at all. There is a chance that the higher odd club can win, that is around 50% chance. Also the club may draw. That draws the chance to win lower to around 30 to 35%. If the chance for the low odds club to win is more than 35%, it can not be more than 40%.
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Su-asa
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Sibi Dabo,,,,,,, Teme Ini Na Sime
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September 17, 2024, 04:43:51 PM |
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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 - This is actually a good idea but a lot of people would disagree with it because they feel like a single game is very risky whereas multiple games are more riskier compared to single games, instead combining more than two games and having one game to ruin your bet slip just carefully analyze and pick out a single game, this actually has more chances of playing out well than multiple selections. But in sports betting everyone has their preference and strategies that works for them, the game also has some percentage of luck involved
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OgNasty
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September 17, 2024, 05:11:52 PM |
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This is how sports betting works. Obviously the house has to have an edge. There’s always a built in fee for using a service otherwise how would service providers stay in business. This is what makes gambling a pay for entertainment service. If the casino was operated not for profit, maybe gambling could be considered a job.
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AHOYBRAUSE
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September 17, 2024, 05:16:42 PM |
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Actually, these days, in the age of crypto bookies, 1.9 is a fairly good number for a 50/50 bet. At many sites I often see odds as low as 1.75-1.8 for 50/50 bets like this. Most common odds are 1.83 or 1.85 actually. If sites I play at had 1.9 I would be more than happy actually.
The only place you get these odds atm are places like pinnacle or betting exchanges like betfair for example. Bet365 also if you are lucky but anywhere else it's definitely below. Sure sports books have to make money, no question about that, but a vig of like 15% and more is way too much if you ask me and definitely not good in the long run for every bettor.
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Lanatsa
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September 17, 2024, 05:48:11 PM |
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Actually, these days, in the age of crypto bookies, 1.9 is a fairly good number for a 50/50 bet. At many sites I often see odds as low as 1.75-1.8 for 50/50 bets like this. Most common odds are 1.83 or 1.85 actually. If sites I play at had 1.9 I would be more than happy actually.
The only place you get these odds atm are places like pinnacle or betting exchanges like betfair for example. Bet365 also if you are lucky but anywhere else it's definitely below. Sure sports books have to make money, no question about that, but a vig of like 15% and more is way too much if you ask me and definitely not good in the long run for every bettor.
Totally depends on you when it comes to your preference about on the odds.Of course bookies are running up a business on which its understandable that they would be setting out those deductions according into their liking. I do even able to test out on betting with 1.5x odds but going lesser is never been that something that i could be able to handle out. 1.90+ is indeed that a good odds on which you could really be able to have that good profits in 50% chance on winning up but of course just like been said that it will really be that a matter of choice on how you would be able to accept out those odds. If you do find yourself not that contented or convinced on the potential win then you could always skip out. On the moment that i do see some other betting lines which i could be able to bet on or having that knowledge at least then this is the time i do consider out on making up some parlays to make more the winnings to be more that appealing or something which is really that worth.
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wheelz1200
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September 17, 2024, 11:48:03 PM |
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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?
No Iif people could consistently give up odds to the casino and win regularly they would be pit of business quickly. Not saying that someone can't go on a good run but in the long run the more you bet the more chance you are giving the casino a chance to win. The best way to bet if you are looking for wins is big bets and not that often. And definately don't Chace losses.
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bitterguy28
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★Bitvest.io★ Play Plinko or Invest!
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September 18, 2024, 02:46:41 AM |
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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. that is what I completely believe , luck based games are far different from Sports betting games where we are dealing with our knowledge of the team, game and timing comparing to luck based that we are only having chances away from our capacity to believe . though I have not dealing with what is OPs asking because I randomly bet in luck games and I have my permanent teams in sports games .
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Rampagoe004
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September 18, 2024, 04:55:29 AM |
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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?
No Iif people could consistently give up odds to the casino and win regularly they would be pit of business quickly. Not saying that someone can't go on a good run but in the long run the more you bet the more chance you are giving the casino a chance to win. The best way to bet if you are looking for wins is big bets and not that often. And definately don't Chace losses. Yes, it's true that there are not many opportunities for those who are consistent in betting to win, in fact the more small opportunities that we give to the casino in the near future will result in big losses. Everyone has played well in the short term or long term, there is still a chance for the casino to win our money. One of the best ways is to play with large capital in the long term and you have to be prepared to lose, dare to take your own way without resetting, other people keep trying and analyzing The good ones who are too hasty in placing bets, let's take it slowly, the important thing is to be sure, losing when betting is normal, you have to keep your spirits up.
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Victorybit1
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September 18, 2024, 05:20:17 AM |
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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?
Having a long term success rate with this has a little possibility but it's very difficult, I'm on different sites that post daily rollovers of less than 1.50 odds for days and it doesn't always turn out well. The lower the odds the higher the chances of winning but overtime I have figured out the odds doesn't really matter. A played a single game of 13 odds and I had a successful outcome and another time a single of 7 odds which also went well, these odds arrangements are ways the bookmakers confuse or trick the gamblers, sometimes These odds don't matter
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Cryptoprincess101
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September 18, 2024, 06:44:05 PM |
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In fact, with odds of 1.9, the probability of winning is not 50% in sports betting, but 52.63%. This is the exact probability of winning with this odds. The probability of winning is calculated using the formula 100/odds. That is, if we divide 100 by 1.9, we get the figure 52.6315…% At first glance, it may seem that this figure is close to the probability of 50%. But the difference is 2%. This is a fairly large difference in probabilities, which can be summed up in your strategy or subtracted from it in the long term, which can lead to very large wins or losses over the long term. This difference must be taken into account in any case.
I do not believe this. If a club is given 1.9 odd to win, the club it is playing with can be given up to 2.5 or more odds but the club is not also a small club at all. There is a chance that the higher odd club can win, that is around 50% chance. Also the club may draw. That draws the chance to win lower to around 30 to 35%. If the chance for the low odds club to win is more than 35%, it can not be more than 40%. The most problems gamblers face is following the favourite odds of the bookmakers and if it involves the stronger teams they just conclude that it will be the possible outcome. Gambling on a particular odds cannot guarantee winning even when you win from using such strategies in the past, gambling between two teams has a 50:50 chance of which among them will win even though the sides with the least odds are mostly considered the favourite.
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stomachgrowls
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September 18, 2024, 08:34:43 PM |
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In fact, with odds of 1.9, the probability of winning is not 50% in sports betting, but 52.63%. This is the exact probability of winning with this odds. The probability of winning is calculated using the formula 100/odds. That is, if we divide 100 by 1.9, we get the figure 52.6315…% At first glance, it may seem that this figure is close to the probability of 50%. But the difference is 2%. This is a fairly large difference in probabilities, which can be summed up in your strategy or subtracted from it in the long term, which can lead to very large wins or losses over the long term. This difference must be taken into account in any case.
I do not believe this. If a club is given 1.9 odd to win, the club it is playing with can be given up to 2.5 or more odds but the club is not also a small club at all. There is a chance that the higher odd club can win, that is around 50% chance. Also the club may draw. That draws the chance to win lower to around 30 to 35%. If the chance for the low odds club to win is more than 35%, it can not be more than 40%. The most problems gamblers face is following the favourite odds of the bookmakers and if it involves the stronger teams they just conclude that it will be the possible outcome. Gambling on a particular odds cannot guarantee winning even when you win from using such strategies in the past, gambling between two teams has a 50:50 chance of which among them will win even though the sides with the least odds are mostly considered the favourite. If we do peak literally about winning odds or condition then it would be only 2 possible choice on whose gonna win on which simply having that 50-50 chance on which its understandable but in the real sense i must say that % of winning will really be that still affected on different factors as we do all know if we do tend to dig further or simply in talks about those factors then you could be able to picture out about those chance of winning, but literally talking about choice then it will really be in half in between the odds on winning. Its never been an assurance on winning up even if we do speak about half chances of winning but it wouldnt be wise or ideal on making yourself having this kind of positivity that no matter what the odds is then you will really be assuming about on winning up. 1.90 or even lower then it will really be just that depending on you whether you do choose or pursue out. For those mentions above on having that odds of 1.5 lower then its not idea. We've seen in the past that there are people who do deal up with 1.01 on which i dont see the reason on why they would really be choosing up on betting with these odds? Its not really that worth if you do ask me but surprisingly there are really those who do loves to dive in with these odds.
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DubemIfedigbo001
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September 18, 2024, 10:38:06 PM |
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In fact, with odds of 1.9, the probability of winning is not 50% in sports betting, but 52.63%. This is the exact probability of winning with this odds. The probability of winning is calculated using the formula 100/odds. That is, if we divide 100 by 1.9, we get the figure 52.6315…% At first glance, it may seem that this figure is close to the probability of 50%. But the difference is 2%. This is a fairly large difference in probabilities, which can be summed up in your strategy or subtracted from it in the long term, which can lead to very large wins or losses over the long term. This difference must be taken into account in any case.
I do not believe this. If a club is given 1.9 odd to win, the club it is playing with can be given up to 2.5 or more odds but the club is not also a small club at all. There is a chance that the higher odd club can win, that is around 50% chance. Also the club may draw. That draws the chance to win lower to around 30 to 35%. If the chance for the low odds club to win is more than 35%, it can not be more than 40%. The most problems gamblers face is following the favourite odds of the bookmakers and if it involves the stronger teams they just conclude that it will be the possible outcome. Gambling on a particular odds cannot guarantee winning even when you win from using such strategies in the past, gambling between two teams has a 50:50 chance of which among them will win even though the sides with the least odds are mostly considered the favourite. Strong teams is no guarantee for success in gambling, sometimes what we call weak teams comes very prepared for the big teams thereby making it difficult for the strong teams to win, other times the stronger team underestimates the weaker team and underperform in the game leading to ticket loss. I always love staking when two weaker teams are playing and stake on BTS or when a stronger team is playing from away and is a team that has good scoring abilities. Soccer generally has a 50 - 50 chance of playing out and there should be no need to depend on just odds or stronger team to give us a win
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Su-asa
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Sibi Dabo,,,,,,, Teme Ini Na Sime
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September 19, 2024, 12:57:30 PM |
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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.
In sports betting the odds are really not a factor because even an odd of 1.01 can end up going sideways. Few months ago I placed a bet of 50 odds with 5 thousand naira, I combined about 20 games to accumulate up to that odds amount , I remember quite well that there was a game I added that was 1.03 odds, the option I picked was over 1.5 goals but that game ended up as 0-0 I was quite disappointed because that was unexpected considering the fact that the odd was very small. Odds are just numbers nothing more
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Adbitco
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September 19, 2024, 01:14:41 PM |
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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.
In sports betting the odds are really not a factor because even an odd of 1.01 can end up going sideways. Few months ago I placed a bet of 50 odds with 5 thousand naira, I combined about 20 games to accumulate up to that odds amount , I remember quite well that there was a game I added that was 1.03 odds, the option I picked was over 1.5 goals but that game ended up as 0-0 I was quite disappointed because that was unexpected considering the fact that the odd was very small. Odds are just numbers nothing more That is correct, I could remembered about few days or Last week sometime similar where Man City and Brentford, and Liverpool vs Nottingham were about 10 odds was give Nottingham, and people didn't bet much due to the high odds. Instead much priority was given to Liverpool and lot of people bet on liverpool to win but at least Nottingham won about 0-1 against Liverpool. The reason I brought this up was, odds doesn't really matter though but the thing is, if you are that precisely with your selection it would be very easier for you to win than losing the bet. Yes we know it's luck based game but the tendency of losing is very slim if one knows how the games would play out. Okay, just take a look at those who stake on Nottingham with about 10 odds, if they bet without $1k which is about 10k I return including bonuses.
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Rabata
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September 19, 2024, 02:08:32 PM |
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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?
In my long betting experience I have seen that such betting odds never guarantee any win. Even though the odds are low, I have to consider the betting conditions well. There are many examples in betting where a gambler has lost a bet of even 1.10 cents. Rather, those who believe in such bets lose all their profits and deposits at a rate, even if the winnings are high. I never bet depending on odds only. When it comes to sports betting I focus on my analysis and then look at the betting odds. Although it is very easy to get an idea about the condition of the team by looking at the betting odds, the odds can change at any time. A team may be lucky to perform well or the results may be unexpected. So in addition to the odds in betting, the gambler must also analyze it. A gambler may win once or twice with such bets, but if bet on such odds for a long period of time will definitely lose.
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leonair
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casinosblockchain.io
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September 19, 2024, 02:19:18 PM |
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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?
Where you telling about 50% winning chance then how you expect long run winning by using 1.90 Odd ? gambling is about lock if your lock is good then you can win long run but if your luck is not good then you will not able to win long run even you bet for 1.1 Odd. no one can give you financial advice on gambling .you must have to take the responsibility for your loss and gamble for fun purpose. if you use gambling for earning then You will always want to win so you will panic if you lose and keep increasing the bet amount so you will lose more amount. When you forget about responsibility
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DiMarxist
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DGbet.fun - Crypto Sportsbook
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September 19, 2024, 02:38:45 PM |
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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 am willing to give this a try if it will actually work out, 1.90 seems promising to turn out well. But in sports betting even small odds are not a guarantee that you are going to win the bet. There are no strategies In gambling that can always be profitable if we are to be completely honest with ourselves. The odds can be misleading, it's not always as it seems so you have to be careful before making your selection. A quick, are you sure of hitting this odd once or twice a week?? If you can then you might actually make some profit from this
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danherbias07
Legendary
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Leading Crypto Sports Betting & Casino Platform
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September 19, 2024, 04:58:37 PM |
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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 am willing to give this a try if it will actually work out, 1.90 seems promising to turn out well. But in sports betting even small odds are not a guarantee that you are going to win the bet. There are no strategies In gambling that can always be profitable if we are to be completely honest with ourselves. The odds can be misleading, it's not always as it seems so you have to be careful before making your selection. A quick, are you sure of hitting this odd once or twice a week?? If you can then you might actually make some profit from this You are actually right. Even the small odds are not a guarantee to win. Why? Because the odds are not meant to predict what is going to happen but they are also guessing who will win. They are not accurate so even the x1.60 below could be defeated. Is that a 50/50 chance? I don't think so. If someone watched the UFC Noche just recently, I bet a lot of people have lost their bets since both champions in the main and co-main event lost their titles and that was not expected to happen. Both are favorites too, although not a heavy one. Still, the confidence of a champion can ruin the confidence of a challenger so that part must also be taken into consideration. It's not even x1.90 and most of us lost our bets. Odds are something that we must still think twice because it doesn't mean our chances are as high as 50 percent. It could be very low than that.
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Pandu Geddon
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September 19, 2024, 05:14:29 PM |
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no one can give you financial advice on gambling .you must have to take the responsibility for your loss and gamble for fun purpose. if you use gambling for earning then You will always want to win so you will panic if you lose and keep increasing the bet amount so you will lose more amount. When you forget about responsibility
I don't think the Op expected this response. That's not what he wanted to discuss. Odds of 1.90 or lower give us the option to bet on the favorite to win. The odds are pretty good but it still won't provide a profitable long-term win. Especially in multi-betting, even losing one bet at lower odds will wipe out all bets on other games. I don't know if such a betting strategy would work on single bets. Betting on several games at 1.90 or lower odds each week and consistently might increase the success. But I haven't tried anything like that.
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rachael9385
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September 19, 2024, 07:40:06 PM |
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no one can give you financial advice on gambling .you must have to take the responsibility for your loss and gamble for fun purpose. if you use gambling for earning then You will always want to win so you will panic if you lose and keep increasing the bet amount so you will lose more amount. When you forget about responsibility
I don't think the Op expected this response. That's not what he wanted to discuss. Odds of 1.90 or lower give us the option to bet on the favorite to win. The odds are pretty good but it still won't provide a profitable long-term win. Especially in multi-betting, even losing one bet at lower odds will wipe out all bets on other games. I don't know if such a betting strategy would work on single bets. Betting on several games at 1.90 or lower odds each week and consistently might increase the success. But I haven't tried anything like that. Betting on 1.90 odds in parallel will not make a good strategy because the long the games the more risky your bet becomes. However, the OP type of strategy can only work on a single bet but most times it doesn't end well for the gambler because sometime the stronger team end up losing while the weaker team wins. So sometimes this kind of strategies work but not everytime.
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