Don't confirm your Gambling based on odds given by bookmakers

[TEBTC]

When it comes to gambling especially sports betting odds are what we can't do away with because all bets are done through the odds given by the bookmakers, odd is a probability of an event happening or taking place in relation to that event not taking place. It should be noted that odds don't play the game because we have seen a lot of games that spring up surprises with the team with the bigger odds winning the game.


So many gambler's has formed the habit of following teams with the better odds and has regretted at the end of the day one thing that I have seen when it comes to gambling is that odds are just numbers that the bookmakers bring out to deceive gambler's because when it comes to sporting events like football, basketball ball , tennis every team has the same odds of winning it only depends on how a team well prepared towards a game and and the opportunities that will be created when the game is going on so even the team that the odds are not favouring can win depending on how they prepare and executing the game. So when gambling try and be open and and don't follow the odds because odds can be deceiving

[seoincorporation]

When it comes to gambling especially sports betting odds are what we can't do away with because all bets are done through the odds given by the bookmakers, odd is a probability of an event happening or taking place in relation to that event not taking place. It should be noted that odds don't play the game because we have seen a lot of games that spring up surprises with the team with the bigger odds winning the game.

I'm not sure about the odds working that way, the fact that the team/player is the favorite doesn't mean he has better odds of winning, but that means there will be more bettors placing bets on that team/player. That way the favorite one will have lower odds than the other one. And i think this is why we see a lot of underdogs winning their games.

The casinos must win money with those odds and that's why always the favorite will give lower odds.

[Mrbluntzy]

, odd is a probability of an event happening or taking place in relation to that event not taking place. It should be noted that odds don't play the game because we have seen a lot of games that spring up surprises with the team with the bigger odds winning the game.

The odds that are allocated to different games by the bookmakers is usually done based on what the bookmakers think would be the outcome of the game and those odds are what determined how much return a gambler will get from their staked amount if the game they staked on goes according to their prediction. It is not a wise analytical method if a gambling is making their prediction with the use of odds alone. Perhaps, those odds usually change continually. For example, if team A had a big odd (8.00) before the match starts and later on changes were made that disqualifies them from being unable to win the fixture, their odd will reduce and the odd of team B which was initially small will increase. There are other very important things that should be considered while making prediction, odds is not a hedge.

Even some people thinks that when they stake on small odds, it can make them win but that's inaccurate, staking on small odds have made me lose bet countless times.

[freedomgo]

I don’t quite get your point. How can we not follow the odds when they’re exactly what we need to place a bet? Do you mean that we shouldn’t always bet on the favorites, since sometimes the bookies overvalue them causing the majority of bettors to lose by betting on those favorites? Could you expand on that and clarify what you really mean?

[Lida93]

So many gambler's has formed the habit of following teams with the better odds and has regretted at the end of the day one thing that I have seen when it comes to gambling is that odds are just numbers that the bookmakers bring out to deceive gambler's because when it comes to sporting events like football, basketball ball , tennis every team has the same odds of winning it only depends on how a team well prepared towards a game and and the opportunities that will be created when the game is going on so even the team that the odds are not favouring can win depending on how they prepare and executing the game. So when gambling try and be open and and don't follow the odds because odds can be deceiving

Don't forget that when two different teams meet there's always one that stands out as the favourite in that meeting base on specific factors which could be wanting from the opposite side. But there are times two teams with equal strength could meet and share almost exact same odds from bookmakers, at that point the bookmakers isn't even sure of which side can win as favourite and this also not exclude the gambler.

Despite how I will want to agree with you that odds can be deceiving it doesn't dispute the fact that smaller odds has a higher tendency to play than big size odds.

[Raflesia]

When it comes to gambling especially sports betting odds are what we can't do away with because all bets are done through the odds given by the bookmakers, odd is a probability of an event happening or taking place in relation to that event not taking place. It should be noted that odds don't play the game because we have seen a lot of games that spring up surprises with the team with the bigger odds winning the game.

For me, it's actually not too wrong to make something like that an advantage. Although what you said is true, in the end it doesn't mean that we don't take the existing probability as our advantage because after all, we can still make it an advantage even though we can't bet on everything.

What I mean in this case is that even though probability is sometimes deceiving, at some moments we can use this as an advantage, of course, with the note that we also know what is being played and how the performance we are betting on with the analysis we have.
Let's take an example in this case when a big match where sometimes the probability of a club with a higher level is always one of the favorites to win. Although this is not all true, it is not a small number that such probabilities can make betting easy, but of course we have to know who is playing and whether it is worth it or not for us to bet on. When it is indeed feasible, we can still follow it, but when the probability is strong, even if it is not feasible, it is better for us to avoid the bet.

[AmoreJaz]

So many gambler's has formed the habit of following teams with the better odds and has regretted at the end of the day one thing that I have seen when it comes to gambling is that odds are just numbers that the bookmakers bring out to deceive gambler's because when it comes to sporting events like football, basketball ball , tennis every team has the same odds of winning it only depends on how a team well prepared towards a game and and the opportunities that will be created when the game is going on so even the team that the odds are not favouring can win depending on how they prepare and executing the game. So when gambling try and be open and and don't follow the odds because odds can be deceiving

Don't forget that when two different teams meet there's always one that stands out as the favourite in that meeting base on specific factors which could be wanting from the opposite side. But there are times two teams with equal strength could meet and share almost exact same odds from bookmakers, at that point the bookmakers isn't even sure of which side can win as favourite and this also not exclude the gambler.

Despite how I will want to agree with you that odds can be deceiving it doesn't dispute the fact that smaller odds has a higher tendency to play than big size odds.

Even if bookies have their own advantage, still, they can make mistakes about the odds because they also have some blind spots when it comes to actual performance of the game. Just remember that their algo is based mostly on the available online data. That means, the actual scenario is still not integrated in their algo such as actual environmental conditions (whether the high humidity can affect the performance of athletes), unknown injuries, last minute change of strategies among others. So yes, bookies can't always predict the right outcome on every match because it also has its own limitations.

[Ziskinberg]

We shouldn’t look at the odds as if the bookies are simply trying to beat us. Instead, we need to understand that the odds are created to ensure both sides of the bet get action. If we lose, it’s wrong to think that the bookie outsmarted us, because if we lose, other bettors win. It’s a give-and-take situation. The bookies only care about making sure they remain profitable by balancing the bets, regardless of the outcome. That’s their main concern.

[Judith87403]

I don’t quite get your point. How can we not follow the odds when they’re exactly what we need to place a bet? Do you mean that we shouldn’t always bet on the favorites, since sometimes the bookies overvalue them causing the majority of bettors to lose by betting on those favorites? Could you expand on that and clarify what you really mean?

I think what op was trying to say is that we shouldn't bet on those odd given by bookmakers without making a properly analysis before betting, because most gamblers always get mislead by betting those odds which they're not even sure about the possibility. because sometimes the bookmakers can decide to scam gamblers by given a lesser odd  to the team which we know that they're more superior than their opponent, But you will be so surprise to see those thier opponent wining them with a higher odd, this is why gambling is unpredictable because sometimes even when you decide to make analysis before betting definitely you will still end up losing, Which is why we don't need to rely too much in gambling Because the outcome is not always guaranteed.

[Jating]

I don’t quite get your point. How can we not follow the odds when they’re exactly what we need to place a bet? Do you mean that we shouldn’t always bet on the favorites, since sometimes the bookies overvalue them causing the majority of bettors to lose by betting on those favorites? Could you expand on that and clarify what you really mean?

Yeah, and did he mean that we should be betting on the underdogs more often as he doesn't believed that the odds given by bookmakers are that reliable? Of course there is upset but it's not that every game we will see that happening.

So everything is base on your analysis per se and see if it matches with what the bookmakers are listing. If you are not that confident then why bet? Just skip the game if there are no value bets in that game. And it's not like ML is the only option for us, and I think that's why there are lot like handicap, or first quarter, odd/even and others so that we can find what we think could be a good and appealing bets.

[Ambatman]

I don’t quite get your point. How can we not follow the odds when they’re exactly what we need to place a bet? Do you mean that we shouldn’t always bet on the favorites, since sometimes the bookies overvalue them causing the majority of bettors to lose by betting on those favorites? Could you expand on that and clarify what you really mean?

What OP is trying to say is that
We shouldn't be blinded by the odds placed by bookmakers
Anything can happen, a team is having a low odd doesn't mean they would be
Personally I have lost a huge bet with big odds missed in
Because of an odd of 1.04 so I don't usually place my full trust on it.
I use my personal experience from watching their match, line ups and latest news about the team.

[Lida93]

So many gambler's has formed the habit of following teams with the better odds and has regretted at the end of the day one thing that I have seen when it comes to gambling is that odds are just numbers that the bookmakers bring out to deceive gambler's because when it comes to sporting events like football, basketball ball , tennis every team has the same odds of winning it only depends on how a team well prepared towards a game and and the opportunities that will be created when the game is going on so even the team that the odds are not favouring can win depending on how they prepare and executing the game. So when gambling try and be open and and don't follow the odds because odds can be deceiving

Don't forget that when two different teams meet there's always one that stands out as the favourite in that meeting base on specific factors which could be wanting from the opposite side. But there are times two teams with equal strength could meet and share almost exact same odds from bookmakers, at that point the bookmakers isn't even sure of which side can win as favourite and this also not exclude the gambler.

Despite how I will want to agree with you that odds can be deceiving it doesn't dispute the fact that smaller odds has a higher tendency to play than big size odds.

Even if bookies have their own advantage, still, they can make mistakes about the odds because they also have some blind spots when it comes to actual performance of the game. Just remember that their algo is based mostly on the available online data. That means, the actual scenario is still not integrated in their algo such as actual environmental conditions (whether the high humidity can affect the performance of athletes), unknown injuries, last minute change of strategies among others. So yes, bookies can't always predict the right outcome on every match because it also has its own limitations.

Of course the bookies are not allowed knowing to be that perfect with their provision of the odd size in every games but most surely is that they have wider channels of in-house informations about every team's condition even to the late minute of the game than what the gambler can gather as data for analysing his predictions. The only aspect I am sure of that bookies aren't privileged of is about those circumstances and events that occurs during when the match is in play. Example is a key player of the strong side having an injury or red card that puts his team at a disadvantage ground over the underdog.

[Wexnident]

~

 You're betting on the bookies who set these odds though so I don't think it makes sense ignoring them. If you meant don't take it for granted that teams with lower odds would win 100% of the time then yeah that I can agree with. Still, just because underdogs managed to win that doesn't mean it was because the bookies was wrong. It's for a reason that there's odds in the first place for both teams, because there's always a chance that any team could actually win.

And heck if you were solely dependent on odds then I say just play in a casino. I don't really see any reason why you'd be doing sports bets if analysis wasn't something you wanted to do.

[freedomgo]

I don’t quite get your point. How can we not follow the odds when they’re exactly what we need to place a bet? Do you mean that we shouldn’t always bet on the favorites, since sometimes the bookies overvalue them causing the majority of bettors to lose by betting on those favorites? Could you expand on that and clarify what you really mean?

I think what op was trying to say is that we shouldn't bet on those odd given by bookmakers without making a properly analysis before betting, because most gamblers always get mislead by betting those odds which they're not even sure about the possibility. because sometimes the bookmakers can decide to scam gamblers by given a lesser odd  to the team which we know that they're more superior than their opponent, ....

That doesn’t exist.. don’t use the word “scam,” because the odds are always two-sided. If bettors think one side has the edge, they’ll bet on that side, and the bookies will have to pay if that side wins.

Maybe we just don’t fully understand how bookies operate, and we end up thinking they’re the ones we need to beat. But if you check the market odds, you’ll see different odds from different bookies , they operate more like a system, But our mental state is still stuck in the old way of thinking if we believe we can outsmart them, or that they are outsmarting us.

In reality, bookies simply create a system to balance bets on both sides. The real battle is between bettors themselves; the bookie’s job is just to manage the odds and ensure they profit from the margin, regardless of the outcome.

[Justbillywitt]

Yes it's true that odds can be deceitful sometimes, that's why we need to do our due diligence before placing out bet on football matches, basketball games and the likes of them that you have mentioned. But if we are sincere to ourselves, the number of times that teams with the better odds do win are far more than the times they do disappoint. There are bigger clubs and there are medium and small clubs as well. Whenever the bigger teams are playing the smaller teams or medium teams, it is almost certain that the bigger teams with the better odds will come out victorious, in times like this we should consider the team with the better odds that has higher potential of winning. But when teams of same strengths are playing, look at for the team that's currently in form and go for them.

[nakamura12]

I don’t quite get your point. How can we not follow the odds when they’re exactly what we need to place a bet? Do you mean that we shouldn’t always bet on the favorites, since sometimes the bookies overvalue them causing the majority of bettors to lose by betting on those favorites? Could you expand on that and clarify what you really mean?

I think op wanted the gamblers to not be 100 percent trust or believe the odds given by the bookmakers. Gamblers should compare it with other bookmakers odds on different platforms as there might be different odds given out there. I may be wrong about OP's point but I think that's what OP meant by the post he made. I have tried placing a bet on a team with high odds but didn't win although it may be different since it was a free bet give by a casino to try out their platform.

[len01]

When it comes to gambling especially sports betting odds are what we can't do away with because all bets are done through the odds given by the bookmakers, odd is a probability of an event happening or taking place in relation to that event not taking place. It should be noted that odds don't play the game because we have seen a lot of games that spring up surprises with the team with the bigger odds winning the game.


So many gambler's has formed the habit of following teams with the better odds and has regretted at the end of the day one thing that I have seen when it comes to gambling is that odds are just numbers that the bookmakers bring out to deceive gambler's because when it comes to sporting events like football, basketball ball , tennis every team has the same odds of winning it only depends on how a team well prepared towards a game and and the opportunities that will be created when the game is going on so even the team that the odds are not favouring can win depending on how they prepare and executing the game. So when gambling try and be open and and don't follow the odds because odds can be deceiving

What I know is that the odds given by bookmakers are not the ones who set the odds. But the more bettors bet on the favorite team, the smaller the odds will be and this has been said by others in most of the almost the same threads. So bookmakers are not trying to deceive gamblers because it is all a number that is considered.

Regarding sports betting, the correct way to predict is not only analyzing who is absent from the match or how many times the favorite team wins. But logic also plays an important role in analyzing the results of the match. I even sometimes use the odds provided by the bookmaker to strengthen my predictions. And the results are indeed correct and I get the victory by mixing other analysis with the number of odds available.

[TEBTC]

I don’t quite get your point. How can we not follow the odds when they’re exactly what we need to place a bet? Do you mean that we shouldn’t always bet on the favorites, since sometimes the bookies overvalue them causing the majority of bettors to lose by betting on those favorites? Could you expand on that and clarify what you really mean?

what I mean is that when betting on games odds can be deceptive so don't always follow the favorite odds but always try and be neutral in your analysis of the two teams

[BitMaxz]

I think op wanted the gamblers to not be 100 percent trust or believe the odds given by the bookmakers. Gamblers should compare it with other bookmakers odds on different platforms as there might be different odds given out there. I may be wrong about OP's point but I think that's what OP meant by the post he made. I have tried placing a bet on a team with high odds but didn't win although it may be different since it was a free bet give by a casino to try out their platform.

I don't exactly know how odds works in sports betting but the only thing that I know why odds change it's because of the demand. If many people are betting on team 1 as a sample and few people are betting on team 2, the odds on team 1 drop while team 2 increases.
That's exactly how I think the odds work so OP thinks that odds can be deceiving; I don't know but he might be right because most of the bettors only bet on low odds without analyzing.
For me, I always check their highlights and gameplay before betting. I don't rely betting on low odds; the chances of winning depend on how you analyze them.

[igebotz]

When it comes to gambling especially sports betting odds are what we can't do away with because all bets are done through the odds given by the bookmakers, odd is a probability of an event happening or taking place in relation to that event not taking place. It should be noted that odds don't play the game because we have seen a lot of games that spring up surprises with the team with the bigger odds winning the game.


So many gambler's has formed the habit of following teams with the better odds and has regretted at the end of the day one thing that I have seen when it comes to gambling is that odds are just numbers that the bookmakers bring out to deceive gambler's because when it comes to sporting events like football, basketball ball , tennis every team has the same odds of winning it only depends on how a team well prepared towards a game and and the opportunities that will be created when the game is going on so even the team that the odds are not favouring can win depending on how they prepare and executing the game. So when gambling try and be open and and don't follow the odds because odds can be deceiving

Odds are not just a number; odds are given/set based on probability statistics like current form, H2H, trends and other historical datas - they are not just a random numbers given by bookmakers.  As a gambler you're meant to do your own research but odds gives you an insight on what to expect and where to look.

The chances of you losing your bets going against bookies favourites is very high. Chances of anyone winning is proportional to the odds given. I thought we all know this.