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

[Pi-network314159]

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

Although I agree to an extent because this case is vise versa, meaning that the odd in games set by the bookmakers are very important to any gambler because it is the multiplier of any amount used to stake such a game. The chance of a higher odd to play against the smaller odd is slim while the Chance of the lower odd to win against the big is higher that's why most guys will prefer to play with the smaller odd. But then small odd does not guarantee a sure win. Sometimes the bookmakers will give odd to the team to play according to how they believe the strength of both may be, but you as a gambler may see the advantage of the team with higher odd against the team of the smaller odd, and this will trigger such person to play the higher odd game because such a person knows what he may have seen and the game will surely play to his favour because he knows what the bookmakers may not have known. It could be that the team given the higher odd has lost several past matches, and has lost its strength and the bookmakers give them high odd while you have seen changes in the club maybe a new play may be added or a new Coach which you believe the match will not play as usual again.

[qwertyup23]

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 think you are severely mistaking something when understanding bookmakers and odds.

The probability and odds that bookmakers use have statistical basis depending on the current stats, news, and strategy of players in sports betting. For example, if a certain team has a 30% win-rate across the season, then bookmakers would put a higher stake on that team against the number 1 seeded team which has a 80% win-rate in the season.

I think instead of relying completely on bookmakers, we should use it supplementary to our knowledge. The decision is still ours to make and we combine the factual data that bookmakers use and our own research to form a somehow concrete decision in which team to choose and to bet on.

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.

You definitely said it right.

Like what I also mentioned above, bookmakers use actual data regarding the statistics of a given team. They do not just throw random probability and odds to a certain team. Obviously, they also have to make money as they have an actual stake on their given games.

[Churchillvv]

The claim that odds are just numbers brought by sports bookies is quite a false statement, it's true that result must times differs from what a sport booky or casino awarded but it doesn't mean it won't go as they award in other days the fact remains that not even smaller odds gives a guarantee of wins so it's basically in our hands to follow the team which we believe will perform better except we do not know anything about the sport we are trying to bet on and yeah if we don't know anything regarding them then it's advised that we shouldn't wager on them except we are trying out our fate.

[Tungbulu]

First of al, there’s absolutely no football analytical tool that can help provide an accurate guess of what the game’s outcome would be. There several analytical tools provided when attempting to evaluate and predict the future outcome of a game and the odds selections happen to be one of those tools. Sometimes, just like other analytical tools, the odds can also give a misleading prediction and when you choose to follow them, they’ll completely mess up your whole parlays.

[kotajikikox]

The claim that odds are just numbers brought by sports bookies is quite a false statement, it's true that result must times differs from what a sport booky or casino awarded but it doesn't mean it won't go as they award in other days the fact remains that not even smaller odds gives a guarantee of wins so it's basically in our hands to follow the team which we believe will perform better except we do not know anything about the sport we are trying to bet on and yeah if we don't know anything regarding them then it's advised that we shouldn't wager on them except we are trying out our fate.

Actually sometimes even if you do not exactly bet on the team that you think might win, you may still be able to "beat" the bookmaker. I know theoretically, they will always have an edge over the gamblers but you could earn more than what you would have originally. Bookmakers can make mistakes sometimes. They can change the odds over the course of an event depending on multitude of factors. If you can catch the initial odds and make a bet then you could catch these mistakes set by the bookmaker and earn more. Sometimes knowing about the odds and not just the better performing team can allow you greater profits.

[Slow death]

Most of the time I have seen that the favorites that are placed by the bookmakers win, but because the odds that the bookmakers place on the favorites are very low in the sense that they will not bring profit in the long term for the bettor, they force the player to choose markets in which there are higher odds.


For example:

in a game between Real Madrid and Osasuna. In this game, the bookmakers give odds of @1.50 for Real Madrid to win and @4.00 for Osasuna to win. The chances of Real Madrid winning are higher, but these odds of @1.50 are very low, they do not pay off in the long term, so choosing the over or under market in which there are odds of @2.00 would be worth it.

[rachael9385]

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 can be deceiving and the bookmakers use this odds system to trick gamblers. it's you against them, the bookies also study statistics just like you, they know when a team is not in form due to injury of key players and other factors, they gather these informations and use it to their advantage. This is why sometimes you find out that the underdog with the bigger odds ends up winning the team with the higher chance of winning. Sometimes it's not a mistake, it's a trap that we as gamblers fall for, it's not always about the odds.

[Cityhunter34]

Ever since I experience such thing in gambling, I don't really focused on bookmakers odds anymore. Because time without number I have often withness something like that were most gamblers normally end up regretting at last, due to being scared of using the bigger odds then at the end of the day, the smaller odd normally end up losing to the bigger odd. However, I think it's essential to understand that odds doesn't brings winnings to us, so instead of losing with a smaller odd it will better that you lose it a bigger odd, after all gambling is full of unpredictable.

[Oshosondy]

I do not just go for odds given by bookmakers. I prefer to make my own analyses and make sure that I select matches based on my own analyses. But I noticed that the bookmakers are excellent in odds. I will say just less than 1% matches that they are not accurate while their accuracies is more than 99%. But I can not depend on odd to bet, that is stupidity in my opinion.

[TravelMug]

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 can be deceiving and the bookmakers use this odds system to trick gamblers. it's you against them, the bookies also study statistics just like you, they know when a team is not in form due to injury of key players and other factors, they gather these informations and use it to their advantage. This is why sometimes you find out that the underdog with the bigger odds ends up winning the team with the higher chance of winning. Sometimes it's not a mistake, it's a trap that we as gamblers fall for, it's not always about the odds.

I don't think that there are tricks by sports odd makers, they used a lot of math and AI to come up with that odds. It's for us to find out if that is good enough or maybe we want to go to the underdog.

And if you look at the odds, it's almost the same across crypto base casinos. Maybe they have one source, or different once, or even in house odd makers. But the thing is that they will come up with almost identical, meaning that there are no tricks behind, it's just the numbers that will come out when they go and come out with the odds between two teams.

[DaNNy001]

Most times odds are not really a factor to consider when you are trying to predict the final outcome of a game, I have seen teams with big odds winning teams that end up winning the teams that are given small odds. The odds system is a tricky one, the bookies use this to confuse you so you would make the wrong choice...when trying to predict games apart form the odds there are other things that you can put into consideration before selecting, the formation of teams, head to head, goals conceded by both teams and other statistical factors that are very important.

[WeedGoW]

I did not understand anything at first by reading your post. So I am discussin this with my friends about this post. Subject to discussion, I know that odds is actually a possibility. Which is made by chest makers. But it can’t guarantee whether it will win a game. Sometimes it is that the team that has more  odds lost and the small ad team wins. So I think that all these things in the case of gambling will be foolish because gambling only depends on luck in my long faith. So you’ll adopt some strategies in gambling and if the share is your help you can bring big wins and wins some strategies can be won even by adopting some strategies.

[passwordnow]

Odds made by the bookmakers aren't for deception of their gamblers. It's a normal output of numbers based on the chance of winning of the bet that are analyzed by them. I am the type of gambler if the odds are probably good and I know that there is a slight chance of win, I'll take that bet and come what may and whatever happens, that money is good as gone for me. But I have that little faith on it that the small chance of winnning could still make some twist of these games. I've seen that for so many times and made me won and that's why even if the underdogs, as long as the odds are acceptable based on my conscience, I'll take them. This is gambling, you gamble with the smallest odds and yet there is still a chance for them to lose. So, mind just as well bet on the better odds and change your mind of being positive and accepting with whatever outcome it brings.

[danherbias07]

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

Easy to say but really difficult to do. You are right though that we should not just be looking at the odds to choose where our bets should be. Let's also consider the history and player's status so that we can enhance our chance of winning. The odds can be deceitful and sometimes it is a trap. I have experienced losing 5 games in a row and all of them are the favorites. I guess bad luck also hit me that day or I was too lazy to look at the injury reports of each team. Still, we should be aware of everything, and as much as possible we should at least make an effort to check the records so that we won't regret our bets later on.

[Sandra_hakeem]

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.

Personally, I think that's where different strategies comes into play. If I decide to predict the bigger odds to win, then I'd also need another ticket that bears a different option -- might not be an underdog, but a handicap against the bigger odds. That way, if the bigger odds come, I'll be in excessive profit.. but if not, I'll still have what to fall back to.

I seldom play with handicaps though!!

Easy to say but really difficult to do.

Most advices that you're being given turns out to be easier said than done... Especially when it has to do with gambling away your own funds.

[Nheer]

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 am as confused as you are trying to get OP’s point. Odds are designed to give us hints on the likely outcome of the game and they are what we need as guide to place a bet even though the game may not always happen based on what the odds are saying. Why would a person bet against the favorites when we are looking to win, I know things will not always go in your favor but it’s better to bet on the favorites and if it didn’t go well then you will know you were not just lucky.

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.

I don’t agree with you about this, being a favorite means the team has better odds of winning and after considering every factor their chances of winning is higher and that is why they are labeled as the favorites. Although being the favorite doesn’t guarantee a win but then it doesn’t take away the title of the favorites.

[batang_bitcoin]

So when gambling try and be open and and don't follow the odds because odds can be deceiving

In what way we should not be deceived by the odds if they're the ones that are being displayed by the bookies? Don't bet for the lower ones? and we should go with the higher ones? or the opposite way? If there is a better approach than this, tell us technically on how we can work with out because it's not going to be an easy for someone who sees these odds as opportunities while there are some folks that tells that they shouldn't believe on what they see where in fact that they're the actual numbers that these bookies show.

[Solosanz]

The reality favorite teams tend to win than the underdog.

Whenever underdogs tend to win and already consistent, they will become favorites and their odds would be low.

Yeah sometimes underdogs do pull off upsets, but it only happen for few times and random.

Your bet still depends on your luck, not only about how small or big the odds you pick.

[Fiatless]

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.

Gambling odds are pointers to the favourites and it could be a guide on who to bet on. I think what OP wants to say is that we shouldn't always bet on teams that gambling platforms give higher or lower chances of winning.  We should always so our research before betting. Normally, teams that have higher odds have lower chances of winning maybe because they are playing against a stronger side. I know people who have made money betting on unfavourites and luckily these underrated teams won the match.

[Pandu Geddon]

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

You can't say all teams have the same chance of winning a match. There will always be a team that is favored to win in every match. The numbers offered by bookmakers are based on the chances of winning. There are sometimes surprises but that doesn't say anything that all teams have the same chance of winning.
Like in Ligue 1, bookmakers will not give the same Odds when the PSG vs Montpellier match. The Odds will definitely be smaller for a team that is unbeaten all season than a team that is at the bottom of the standings.