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ethereumhunter
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December 14, 2024, 08:32:08 AM |
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The trend of betting is spreading all over the world as time goes by. We like to bet first on the team that participates in the gaming world with various skills and wins most of the time in each game. I usually bet not on the team but on the performance of a player of that team. The team may be weak but a player of the team is achieving fame and success through his play in the gaming world. I like to bet more on a successful player than on the team. And even if his team is unsuccessful in the game, if that player has tried his best to win the game against the opposing team with all his might. I feel very comfortable in making such bets and there is no curiosity in my mind due to losing the game.
Yes, it is normal if we bet on the team that have good performance than the other team. That is because we want to wins from the bet so that is why we always search for the good team. It is why we must learns more about analysis so we can analyzes every team to finds the good team. But even though we have a good skill, that doesn't mean we can always win because the situation can change in the middle of the match. We play against other player because we want to search for the chance to win and with our skills, we can place in the right team. Maybe we need more time to finds the team but that is worth to do.
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Moreno233
Sr. Member
  

Activity: 1064
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Trust the process, imbibe consistency
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December 14, 2024, 08:59:49 AM |
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In gambling, we are playing against the casino who accepts to bear the risk involved. The bookmakers bears no risk rather they provide the odds and charge the casinos for using their services. Therefore, when you signup in a casino and make deposit, you are playing against the casino, this is why it is a risky business on both the side of the casino and the players. I have seen some local casinos go bankrupt because of excessive winnings, this does not affect the bookmakers in anyway because they don't share in the risk.
Similarly, the game provides in casinos do not share in the risk rather the casinos do. For instance, Pragmatic Play does not share in the risk involved if a casino decide to host their slot in their platform. So players of the slot games are playing against the casino and not the game providers.
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hyudien
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December 14, 2024, 10:14:54 AM |
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In gambling, we are playing against the casino who accepts to bear the risk involved. The bookmakers bears no risk rather they provide the odds and charge the casinos for using their services. Therefore, when you signup in a casino and make deposit, you are playing against the casino, this is why it is a risky business on both the side of the casino and the players. I have seen some local casinos go bankrupt because of excessive winnings, this does not affect the bookmakers in anyway because they don't share in the risk.
Similarly, the game provides in casinos do not share in the risk rather the casinos do. For instance, Pragmatic Play does not share in the risk involved if a casino decide to host their slot in their platform. So players of the slot games are playing against the casino and not the game providers.
Honestly I wonder if we are really fighting the casino or we just feel like we are fighting the casino. Because if it is said to be against the casino, I think the chances should be 50/50 and if we look at the chances of winning for a player it is lower than that, so I conclude that we are not fighting the casino but ourselves. Let me explain why I say that, we are fighting ourselves because if we cannot control ourselves then we will get even greater losses and that is something that is very possible. Regarding some of the bankrupt casinos you mentioned, I think they went bankrupt not because they had to pay with excessive winnings from players, but they have not been able to manage it well, we never know what is happening internally, so I am not sure they went bankrupt because of big wins.
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Onyeeze
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December 14, 2024, 10:39:58 AM |
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That's a matter of perspective, OP. If we admit that it's the bookmaker who changes the odds to make it more even, we are still playing against him, because he tries to be on top and he modifies the odds. Other players just choose the player. They don't care how much money other people bet, how many people bet for the opponent, the majority just wants to win money, any money. It's the win that counts, even if you get 10%.
The majority of people who bet don't know the game and don't even follow the players. They just bet on the favored one hoping to get some money out of it because the majority has to know what they're doing, right?
Well that's true most folks do bet in games they don't fully understand aslong there's a chance of winning they will take it , that's why majority of people gambles for the money not for the fun in it , that's sometimes some focus on casino game because they believe they can easily make good amount of money fast . Some even bet against their favourite team , because they want to win some extra bucks. I agree with you, From the many people who gamble their big goal is for money not for fun so it is not strange that many cases of negative things happen whether they bet on sports gambling or other types. This is not just talk but in my opinion it is true, sometimes those who bet only rely on luck without any knowledge or certain skills but still gamble to get results that make them happy, namely profit. It is not strange with their enthusiastic behavior when gambling because they have the thought of wanting to get victory or profit quickly, even though if they gamble for fun maybe they can do it healthily and it will not make them stressed when they lose on the bets they make. Out of 100% who participate in gambling like 85% gamble to make money not to catch fun, people don't understand it that way. Everyone intension with gambling is to make money, so I believe that gambling it's that mentality that makes people to be addicted in gambling, as I said before that majority of persons who is into gambling is there because they want to make money, they are not there for cruise and others, but they are thier because of personal mindset, its hard before you see someone who boldly says that is participating in gambling because of fun, so I do disagree with anyone that make such utterance.
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Smartvirus
Legendary

Activity: 2170
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December 14, 2024, 10:53:44 AM |
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If even in this case they do not bet money on the outsider, then in this case the bookmaker will have to pay the winnings from their own funds. It turns out that every time you play sports betting, you are not playing against the bookmaker at all, but in some sense against other players. The 20th century bettor J.R. Miller wrote about this well in one of his books. I have already cited his quotes in other topics. This is a fairly long quote from his book, but it explains this thesis in great detail.
Let me take this to a legal point of view, Should you win a bet and you don’t get paid on the bet, who do you take to court for the unpaid bet? You guessed it right, the bookmarkers. That’s exactly whom you’re betting with. How they make their money and how they come to terms with settling a won bet isn’t any of your business or concern. What matters is, you get paid at the end of the day. So, maybe these other guys get to organize and set the whole system up, even then, they get to take a side to the gambling.
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Porfirii
Legendary

Activity: 2520
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December 14, 2024, 12:55:21 PM |
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If even in this case they do not bet money on the outsider, then in this case the bookmaker will have to pay the winnings from their own funds. It turns out that every time you play sports betting, you are not playing against the bookmaker at all, but in some sense against other players. The 20th century bettor J.R. Miller wrote about this well in one of his books. I have already cited his quotes in other topics. This is a fairly long quote from his book, but it explains this thesis in great detail.
Let me take this to a legal point of view, Should you win a bet and you don’t get paid on the bet, who do you take to court for the unpaid bet? You guessed it right, the bookmarkers. That’s exactly whom you’re betting with. How they make their money and how they come to terms with settling a won bet isn’t any of your business or concern. The fact that bookmakers are the ones that you take to court for the unpaid bets is not enough to claim that when you bet you are "playing against them". You are talking about a procedural issue, but I think that the OP was asking about a more phylosophical one one (who are you gambling against, in the end?). Take for example a car accident: deep down, you go against the one who caused it, even though if in court you may end going against his/her insurer because they don't pay you. We could agree that, in fact, you're going against both, but in each case from a different point of view, and it is that point of view that makes the difference, I suppose.
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Findingnemo
Legendary

Activity: 3066
Merit: 1080
Leading Crypto Sports Betting & Casino Platform
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December 14, 2024, 04:07:35 PM |
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And we have to think on how many players did actually win compare to how many of them losses. For the odds to be computed, yeah, they might be using AI today and advance sports modeling to give us that odds.
I am sure they were using some kind of automation tool even before the AI era because I read about the odds selection and it's mentioned that a lot of factors will be included from the recent past of individual players, and the performance of their combinations, injuries play a role too so yes the tool might be drawing all the input from kind of database they have and allocate the odd because it is impossible for them to manually calculate for so many games that happens at the same time in same day.
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AbuBhakar
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December 14, 2024, 04:15:16 PM |
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Yes, it is normal if we bet on the team that have good performance than the other team. That is because we want to wins from the bet so that is why we always search for the good team. It is why we must learns more about analysis so we can analyzes every team to finds the good team. But even though we have a good skill, that doesn't mean we can always win because the situation can change in the middle of the match. We play against other player because we want to search for the chance to win and with our skills, we can place in the right team. Maybe we need more time to finds the team but that is worth to do.
You are not playing against other players if you are playing centralized sportsbook. This is only applicable on decentralized sportsbook like polymarket since the odds varies depending on the bets made both sides. There’s a pros and cons on betting with decentralized sportsbook(PVP). Pros is you can have much better on same games since some user might put higher bet on underdog side or vice versa. Cons is you can have terrible odds compared to centralized bookies if you bet along with the majority bets.
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LUCKMCFLY
Legendary

Activity: 3150
Merit: 1886
Leading Crypto Sports Betting & Casino Platform
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December 14, 2024, 08:37:33 PM |
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Manchester United can have a better season if they are able to sell some players and sign more players of higher caliber, which cannot be done once. I will expect the team to sell off some players to raise some money to sign other important players that can help improve the team's performance. Amorim needs time to adapt to Manchester United and Premier League style of play, and he will adapt soon, just that their fixtures are not friendly.
Manchester United have some set of big games they will hardly win, therefore, I expect United to still drop some points in their next three to four games.
To tell the truth, the MU players are not bad, they are very good, Amorim needs time to fit the team well, I would say that for new players there would be more forwards , because in any case I Would say that they need more focus, maybe one more would not fall for it, but in general terms Amorim wants players that can perform according to his management , it would be good if he did What was necessary and see how they prepare, it is difficult for them , it is a shame that the MU reacted so late by sacking Ten Hag, they wasted all their opportunities on him.
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GigaBit
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The trend of betting is spreading all over the world as time goes by. We like to bet first on the team that participates in the gaming world with various skills and wins most of the time in each game. I usually bet not on the team but on the performance of a player of that team. The team may be weak but a player of the team is achieving fame and success through his play in the gaming world. I like to bet more on a successful player than on the team. And even if his team is unsuccessful in the game, if that player has tried his best to win the game against the opposing team with all his might. I feel very comfortable in making such bets and there is no curiosity in my mind due to losing the game.
Yes, it is normal if we bet on the team that have good performance than the other team. That is because we want to wins from the bet so that is why we always search for the good team. It is why we must learns more about analysis so we can analyzes every team to finds the good team. But even though we have a good skill, that doesn't mean we can always win because the situation can change in the middle of the match. We play against other player because we want to search for the chance to win and with our skills, we can place in the right team. Maybe we need more time to finds the team but that is worth to do. I often participate in sports betting but my analysis does not always correct there and it is normal. Moreover, I do not think that good teams always win in sports betting. That is why luck should be given equal importance along with analysis. There may be many good players in a team but at any time the team's performance can also be bad as good teams does not always perform accordingly. The bet that we place is definitely not against any bookmaker but it will be against other players. By understanding a simple thing, we can know the fact that if a bookmaker places bets himself, he will never be able to pay all the players who will win. Maybe one day the bookmaker may win but another day the bettors will win, thus at some point the bookmaker will lose his wealth. If a bookmaker bets against the bettors, he will definitely lose and may go bankrupt, but this is not seen because they make the bets against other bettors and take commission from them. That is why they never go bankrupt.
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EarnOnVictor
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December 15, 2024, 01:47:02 AM |
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And we have to think on how many players did actually win compare to how many of them losses. For the odds to be computed, yeah, they might be using AI today and advance sports modeling to give us that odds.
I am sure they were using some kind of automation tool even before the AI era because I read about the odds selection and it's mentioned that a lot of factors will be included from the recent past of individual players, and the performance of their combinations, injuries play a role too so yes the tool might be drawing all the input from kind of database they have and allocate the odd because it is impossible for them to manually calculate for so many games that happens at the same time in same day. I can't doubt this because a lot of factors have to be considered before sportsbooks will come up with their odds, and even in casinos, the sophistication of the system is not child's play, there must be enough investments in the development of the superb algorithms that will be best befitting in doing the bidding of the house. All these can't be done manually and be as fast and accurate as they are, especially in protecting the interest of the house.
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