Do you think bookies knows team to win?

[Betwrong]

From what I have observed or been noticing about bookies. Do you think they do have professionals who gambles and gives them analysis on every match that is to play or featured on their gambling site.

They may have such professionals, but no professional can predict what will really happen.

Next, do you also think that is those people that gives them the out before they allocates odds to teams that are playing on that week, and they would use such statistics to analyze odds and distribute them to club that are to play.

Lastly; Do you also think that they go book those games on other gambling site? Do you also think that they should be restricted from Gambling casinos operator shouldn't bet or other gambling site because they could exploit the site with reason that they are casino owners which should be restricted because they could use the advantage of them knowing how everything works to scam others?
Just as they ban players not to gamble.

No, I don't think they should be restricted, but in reality many of them are restricted just to avoid these unfounded accusations like yours here. It looks like you've lost a lot to sports betting and I'm sorry for that,  but you are talking nonsense, my friend.

[lombok]

Do you believe there are people with psychic powers? Well, I dont believe there are people like that. If they exist, they are probably in danger because billionaires will want to get them as their personal assistants, and the government will go after them because of their abilities. Also, online casinos and sportsbooks will find a way to silence these people, as the ability is bad for their business.

You are right mate, this is exactly my thoughts as well. Even if people like that exist, they are not going to let themselves known to anyone that they actually have such abilities because they would be abducted either willingly or forcefully by the government or sports book owners who really needs the ability for their business. When the sports books also have such person, that means many people would lose their bets more than before.

The great ability to forecast the betting results is bound to evoke persecution of those financially or politically underprivileged. The best action that can be taken so as to escape the risk of being kidnapped or even coerced by the authorities is to stay anonymous. The openness to such possibilities would certainly infringe the fairness system in the gambling industry and give an unreasonable advantage to selfish site owners.

[Makus]

Just the same way bettors work with chances and odds Is the same way bookies do that, there is no way that anyone can read the future or know the outcome of a particular game. It always seems that the bookies are steps ahead of the bettors and that's because they also make use of the input of sports analysts as well.Based on stats the bookies can have an idea of the team that has a high chance of winning the other but this is not guaranteed because when it comes to sport games anything can happen at the end of the day.

[Lida93]

I think they know. They just set odds based on different options and reasons sounding the team and the situation at hand.  Sometimes, I think that they look at the present form of the teams to play, sometimes too, there history, sometimes too, the situation t hand(like the match and how important a win is for any of the team, and sometimes, there own thoughts, based on what they feel or who they think will win the match. So, I don't think they know, because even they themselves also predict and many times also fails. Thats why sometime, we see a 16-30 odd win a team with just 1.20 odd game.

It's something worth debating about but if we say they know then it's like we that gambles really don't stand a chance at winning to any degree because they wouldn't want to deliberately risk losing money, how much more losing those huge funds to gamblers profit from some bets of gamblers. I do understand that there's internal privy informations they're privileged to which helps the bookies to know how to organized the odds sizes per game but this doesn't make them have definite knowledge on what every game's outcome may be.

[giammangiato]

Do you believe there are people with psychic powers? Well, I dont believe there are people like that. If they exist, they are probably in danger because billionaires will want to get them as their personal assistants, and the government will go after them because of their abilities. Also, online casinos and sportsbooks will find a way to silence these people, as the ability is bad for their business.

You are right mate, this is exactly my thoughts as well. Even if people like that exist, they are not going to let themselves known to anyone that they actually have such abilities because they would be abducted either willingly or forcefully by the government or sports book owners who really needs the ability for their business. When the sports books also have such person, that means many people would lose their bets more than before.

The great ability to forecast the betting results is bound to evoke persecution of those financially or politically underprivileged. The best action that can be taken so as to escape the risk of being kidnapped or even coerced by the authorities is to stay anonymous. The openness to such possibilities would certainly infringe the fairness system in the gambling industry and give an unreasonable advantage to selfish site owners.

But I absolutely don't think there are people with such psychic powers that could compromise the economy of a casino. If I had such power, I could certainly achieve more than the casino could give me. Guys, it seems like science fiction to me.
But think about it, with such power would you start playing or betting in a casino? Or rather would you try to get much more out of life?
The ability to predict real is based on two things, one is observing games two simple luck.
If you follow football you have an idea of how a certain team has played in the last period, but you can never be sure how the next ones will play, if instead you are a lucky person, in that case it is always for a period, luck turns not stay still on someone.

[o48o]

If they wouldn't use statistics and experts to determine the odds for their favor, where do you think those numbers on those odds would come from? Would they just type them out randomly?

And no. They don't KNOW the outcome, they only know the statistical changes combined with predictions made by team of specialists. Only way they would KNOW the winner, would be if they got some insider info for fixed matches.

[AmaGold70]

I don't think bookies knows the team to win in a match or competition, because sometimes, even the owners of some of these gambling platforms use to analyze games or matches, and it doesn't end the way they predicted the games. Bookies knows the performance of every team that is involved in a league or competition, so it is from the information they get from these teams they give odds to teams. The bookies don't just give odds without knowing the strength of teams involved in match.
As a gambler, don't only rely on the odds of the bookies, because it can be very confusing sometimes, instead try and look at stats, this will also assist you to make more informed decision instead of relying on odds only.

[Akbarkoe]

If they wouldn't use statistics and experts to determine the odds for their favor, where do you think those numbers on those odds would come from? Would they just type them out randomly?

And no. They don't KNOW the outcome, they only know the statistical changes combined with predictions made by team of specialists. Only way they would KNOW the winner, would be if they got some insider info for fixed matches.

More precisely they can analyze which teams have the potential to win, but that doesn't mean they know who wins in a match, I think it's not only statistics that are studied by bookmakers but many things that we might not be able to access for information.

But the interesting thing is that most bookmakers almost have the same odds, this is what we can discuss, do they use the same formula to predict and see the odds?

[Wakate]

If they wouldn't use statistics and experts to determine the odds for their favor, where do you think those numbers on those odds would come from? Would they just type them out randomly?

And no. They don't KNOW the outcome, they only know the statistical changes combined with predictions made by team of specialists. Only way they would KNOW the winner, would be if they got some insider info for fixed matches.

There is no way casino can know the outcome of a bet but they can use a simple system to guess what the outcome of a bet could be without 100% assurance. There are ways to guess the outcome of a bet which can be worth help and profitable even if it's not going to be everytime.

[Rubuchi]

There is no way casino can know the outcome of a bet but they can use a simple system to guess what the outcome of a bet could be without 100% assurance. There are ways to guess the outcome of a bet which can be worth help and profitable even if it's not going to be everytime.

I don’t know much about how the casinos are working whether it is very easy for them to know the outcome of bets or not is not something I really know much about. All I know is that some bookies do join their heads with some fixtures of some clubs to decide who wins and make a profit out of the game. I also think sometimes when some for these teams are broke and are looking for a way to quickly generate income that they will meet these bookies and negotiate a match deal with them where they kind of create a situation where people invest with great interest in their win against a smaller club but they decide to lose the match so they can get much of those money lost to the outcome of the bet as a revenue to grow their portfolio and buy more players.

[fredericktaylor]

Just the same way bettors work with chances and odds Is the same way bookies do that, there is no way that anyone can read the future or know the outcome of a particular game. It always seems that the bookies are steps ahead of the bettors and that's because they also make use of the input of sports analysts as well.Based on stats the bookies can have an idea of the team that has a high chance of winning the other but this is not guaranteed because when it comes to sport games anything can happen at the end of the day.

It is not possible for anyone to say anything specific about the future because none of us know what the future may be completely uncertain. Bookies usually make a prediction based on accurate information and research but bookies predictions are not always correct. What bookies predict is sometimes correct and sometimes wrong. It is absolutely true that when gambling it is extremely important to always be prepared for whatever outcome may occur at the end of the day.

[Awaklara]

Do you also think that they go book those games on other gambling site?

We never know the truth. What is certain is that if it is indeed those who work for gambling sites making bets, it might be possible. But is it forbidden? 
I once heard a saying, 'don’t eat and defecate in the same place'. Do you know what it means? You can work and make money from your business. But don’t spend your money on your business as well. 
There are many other pleasures you can enjoy when you have a lot of money.

[Sandra_hakeem]

The team behind setting the bookies don't even have an idea of the team to win a game, but I can tell you that they are very psychological when it comes to reasoning on which team should be given priority over the other, considering that they also have more experience when it comes to sports betting and other activities related to gambling, so they know how the maneuver the odds to the suitability of their own interest and the gamblers.

IMO, I think that's the only reason why the concept of fluctuating odds are considered a norm in every casino. Nobody knows what the results will be, but the casinos have advanced bots that can analyze and give accurate results on which team is likely to win the game, based on their performances. An adjustable odd keeps them way ahead of every one else, that puts them on profit. Only the results of casino games are controlled by them.

[AmoreJaz]

The team behind setting the bookies don't even have an idea of the team to win a game, but I can tell you that they are very psychological when it comes to reasoning on which team should be given priority over the other, considering that they also have more experience when it comes to sports betting and other activities related to gambling, so they know how the maneuver the odds to the suitability of their own interest and the gamblers.

IMO, I think that's the only reason why the concept of fluctuating odds are considered a norm in every casino. Nobody knows what the results will be, but the casinos have advanced bots that can analyze and give accurate results on which team is likely to win the game, based on their performances. An adjustable odd keeps them way ahead of every one else, that puts them on profit. Only the results of casino games are controlled by them.

Of course they have algo or softwares that they use to calculate the odds. I don't think they will just based it from nothing. So yeah, just like AI, they can deploy it to work on the stats and come up with the odds. It is like it can summarize all the available data over the net, history and current numbers so fast it can provide the working odds here and alter it while the game is progressing.

I still believe that they are just working on odds with the help of sophisticated softwares and not to the point of rigging the game, or conniving to the teams. Because this is actually hard and very expensive to do so. Why rig the game in the first place? Because the reputation of the teams involved is on the line as well as theirs. One wrong move and it is all over for them.

[passwordnow]

I think just like the exchanges and prop firms which probably have their own traders, there could be some casinos or sports books which have their own sports bettors too but that's unlikely because about business ethics. If they ever have it, I don't think that they'll do it and be against to their own customers, could be for some testing purposes just to add volume or what not. We don't know, since there are companies that are going against their principles and breaking the ethics as long as they are profitable.

[Sandra_hakeem]

The team behind setting the bookies don't even have an idea of the team to win a game, but I can tell you that they are very psychological when it comes to reasoning on which team should be given priority over the other, considering that they also have more experience when it comes to sports betting and other activities related to gambling, so they know how the maneuver the odds to the suitability of their own interest and the gamblers.

IMO, I think that's the only reason why the concept of fluctuating odds are considered a norm in every casino. Nobody knows what the results will be, but the casinos have advanced bots that can analyze and give accurate results on which team is likely to win the game, based on their performances. An adjustable odd keeps them way ahead of every one else, that puts them on profit. Only the results of casino games are controlled by them.

Of course they have algo or softwares that they use to calculate the odds. I don't think they will just based it from nothing. So yeah, just like AI, they can deploy it to work on the stats and come up with the odds. It is like it can summarize all the available data over the net, history and current numbers so fast it can provide the working odds here and alter it while the game is progressing.

Makes me wonder how they employ all these expensive AIs and still make money from the business. Owning a casino is not as easy as most people think-- I'm straight up thinking of the plan one user came up with to establish one for himself on this board. A million dollars can't pay for such an expenses.

[Orpichukwu]

Of course they have algo or softwares that they use to calculate the odds. I don't think they will just based it from nothing. So yeah, just like AI, they can deploy it to work on the stats and come up with the odds. It is like it can summarize all the available data over the net, history and current numbers so fast it can provide the working odds here and alter it while the game is progressing.

Without them having software to do the job, it won't be as smooth as we see it, and for us to even have websites which display live odds and possible winning chances in a game, it also shows the type of betting data software they have, which helps them with all of that data.

[purple_sparkles]

I think that bookmakers may indeed know the results of certain matches in advance, particularly in so-called fixed matches, but this is more of an exception than the rule. However, artificial intelligence technologies are definitely used in forecasting, because a properly designed algorithm can be much more effective than human predictions, as AI is capable of taking all data into account, especially details that a person might accidentally overlook.

[Creeper0]

The way you put it here it means that most likely expert people in betting can always win through knowing that the people who set odds are no expert at setting odds. It can be true though I think as the way things happen we always see surprise results mostly because the bookies setting odds in a way to deceive bettors but not only because of that, even the referee factor which no one seems to factor in when bet, it is a massive factor that can completely ruin your bet by his decisions which no one also seem to judge him when he makes blatant mistakes. These I think are the factors that bookies rely on to make people lose over the long run in sport betting.

A liquor dealer probably doesn't drink because he knows the dangers of drinking. Bookies don't need to be experts at picking betting teams, they need to be experts at attracting customers. The more bettors lose, the more the casino will profit. So if the betting teams always point to the winning team, the casino owners must be counting losses. Even an expert can't predict the outcome of a match, they can only increase the chances of winning. Those involved in casinos may not be betting or gambling because they know how casinos are run and how dangerous their dangers are.

[sompitonov]

I think that bookmakers may indeed know the results of certain matches in advance, particularly in so-called fixed matches, but this is more of an exception than the rule. However, artificial intelligence technologies are definitely used in forecasting, because a properly designed algorithm can be much more effective than human predictions, as AI is capable of taking all data into account, especially details that a person might accidentally overlook.

I'm not sure they can know the results in advance, but I think it's certainly possible, albeit extremely rare, and they hide it very carefully. However, it's fair to say I don't have proof; these are just my guesses. Despite this, we as bettors can still make accurate predictions; the main thing is to spot subtleties in advance, things that aren't obvious to many other players. For example, I don't place bets that I'm not overly confident in or unless I can find multiple reasons to place them; I think that's a reasonable basis for a betting strategy.