More markets does not equal to more opportunity.

[Marvelockg]

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

The mistake a gambler will make is to assume that every options that are opened to him is worth being given a try and there are a lot of these options that on the face look seems like an offer that's really good but in reality, the narrower the betting option is, the more hard it is that it will okay out.

Just choose few options that you're comfortable with and don't try to check out all available options. You just need few options that are predictable and then you stick to it. You mustn't try out so much considering that the casino's know there unpredictable nature hence the reason they decided to include it In Thier bet.

[Somegory]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

At first it looks nice because it feels like we have more choices. Like there’s more room to find a good pick, or maybe catch a big payout from those tempting odds.

But if we are not careful, that’s where we can easily lose more. Those extra markets are not offered because the sportsbook wants to give us easy chances. They are still priced in a way that favors the house.

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

It's getting more easier to lose money in gambling because of the new introduced higher odds betting that was never there before but let's be realistic for once, who is to be blamed if they lose money on such bets? The gamblers.

Let casinos and betting platforms keep throwing what they can in our faces, it's still our decision to place bet on such odd ideas or not, they won't force anyone, they just simply make it available for people who likes it, some are already calling it interesting.

Choose what's best for you, just because they are available doesn't mean you should take risk on them, this is going to be a hell of problem for those who can't control their feelings and mind.

[giammangiato]

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

It has its reason for the vast choice of markets to bet on, but it also has a downside, which if you don't know how to manage could create big problems for you.
Personally I always rely on what I know, I don't gamble bets that I don't even know how they work, mine are quite simple, often and willingly I bet on the simple victory of a certain team, in rare cases I bet on goals or exact result.

[TedMosby]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

-snip-

The first time I tried sports betting was in 2009/2010. I placed my first bet on Sbobet. It was like an eye-opening moment for me, because I saw many kinds of bets available just from a single football match. Win/draw/lose, over/under, corner kicks, exact score, etc. It's not new, it has already existed for many years. And if we go back further, according to Wikipedia, it has already existed since 1940 [1].

However, I agree with you. More markets don't mean more opportunities. It's just an alternative way to spend your money. I choose the word "spend" rather than "losing" because some gamblers know how to make money from these many betting options, like doing arbitrage betting [2].

Source:
[1] https://en.wikipedia.org/wiki/Spread_betting
[2] https://en.wikipedia.org/wiki/Arbitrage_betting

[Free Market Capitalist]

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

That's right—a wider range of options benefits bookmakers and casinos, which is why it keeps expanding. They’ve surely done a lot of research on this, which explains how the betting market has evolved over the past decade.

It's getting more easier to lose money in gambling because of the new introduced higher odds betting that was never there before but let's be realistic for once, who is to be blamed if they lose money on such bets? The gamblers.

Ultimately, yes, but I wouldn’t take any of the blame away from the gambling industry. As I’ve said in discussions on other topics, many people don’t understand that supply can create demand, and when it comes to gambling, the industry studies the psychological aspects down to the smallest detail.

[Odusko]

What I have come to understand is that, gambling on sports market is always filled with odds that are aimed at tempting you to gamble on them, but if you already know how to analyze the market, you won't be carried away with such available offers, because you will already know the risks that come with betting based on offers and odds.

[giammangiato]

Mainly I rely on luck, even searches are essentially a waste of time.
You can do all the research in the world, look at all the stats, then during the match the final result will almost always be different than you thought, because anyway it all depends on how the players do that particular match.
Based on luck and chance it amuses me more, I let it do and how it comes comes.

[CryptoYar]

You have just revealed most tried and tested method modern sportsbooks employ to strip bankrolls. Providing hundreds of exotic markets such as player props or micro betting, is not being kind, it is tactic used to create decision fatigue and distract bettors from their primary data. More you click, greater odds are for bookie.

As layman, I think that these hyper specific prop markets are where sportsbooks margins are highest simply because they are so hard to get right. People become mesmerized by huge odds involved in getting exact score or first scorer, without realizing that it is extremely unlikely. Best way to escape this trap is to be very minimalist. Be sure to stay on primary markets that have clear and thorough data. But if you allow sportsbook to pick mix, then you are allowing them to pick your losses.

[iv4n]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

More options, more fun... We start with "just one bet", and a few moments later we are tying out bet builder with player pros, corners, cards, etc. More options = more entertainment for us casual bettors, but as you wrote, more ways to lose money. And those bet builders can be crazy... even though they look interesting, it's hard to win.

I guess bookies know all about it... more buttons, more light, and more options, the longer we stay there. It can be really hard to keep control these days...

[fruktik]

More markets just simply means you're heading for a great gambling adventure. The more choices you have, the higher probability of winning or losing, the more interesting to invest your time and energy. But are all of these made for our bigger advantage?

I think OP is actually right. These are more traps than opportunities to make profits. And if we are not careful and cautious with our decision making, we will only head out to a single destination, to acquire non-stop losses while we completely enjoy the various market offers. More like a set-up trick for us gamblers.

This merely illustrates the vast array of opportunities available to generate potential profit from a single event. It is a scenario where not only the bettors stand to make money, but the bookmaker does as well. It is, quite simply, a unique business—one in which enormous sums of money are in constant circulation.

In all likelihood, the bettors will walk away empty-handed, while the owners of this enterprise will only grow wealthier.

[Grace333]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

At first it looks nice because it feels like we have more choices. Like there’s more room to find a good pick, or maybe catch a big payout from those tempting odds.

But if we are not careful, that’s where we can easily lose more. Those extra markets are not offered because the sportsbook wants to give us easy chances. They are still priced in a way that favors the house.

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

This is actually true, the more the option the wider the chances of losing are. I heard some of my friends talking about betting on a particular player to score in a match and I was like wtf. To most people they think more options like this will narrow their chances of winning probably because they've seen similar patterns repeat itself but that is where they got it all wrong. Repetition of pattern doesn't guarantee continuation as long as gambling is concerned.

[Dave1]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

More options, more fun... We start with "just one bet", and a few moments later we are tying out bet builder with player pros, corners, cards, etc. More options = more entertainment for us casual bettors, but as you wrote, more ways to lose money. And those bet builders can be crazy... even though they look interesting, it's hard to win.

I guess bookies know all about it... more buttons, more light, and more options, the longer we stay there. It can be really hard to keep control these days...

It's gradual process, as for me, I just started with ML, and then learn what + or - handicap is. And then it widens my horizon as to more betting listing to player props and then the parlays or multi-betting.

For sure, bookies and then casinos knows that it will be more options, the more we are going to bet and the higher the chance that we are going to lose. That's why right now if we are mature enough gamblers, then maybe we can just narrow it down as not to spread our beats as it will not equal more opportunity.

[LastKiss]

~snip~

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

I agree, more options don’t always mean more opportunities for us especially when their  businesses are running for profit. They won’t let us make money easily so when there are many options to choose, I only choose the ones that make me confident and make sense because some options feel like pure gambling where my analysis can’t really find the answer. We should never let high odds make us greedy because we can become addicted after experiencing a win from that kind of bet.

[m2017]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

If it wasn't profitable for the bookmaker, they wouldn't add so many markets.

At first it looks nice because it feels like we have more choices. Like there’s more room to find a good pick, or maybe catch a big payout from those tempting odds.

The more choice a gambler has, the more opportunities a bookmaker has to extract your money.

But if we are not careful, that’s where we can easily lose more. Those extra markets are not offered because the sportsbook wants to give us easy chances. They are still priced in a way that favors the house.

It would be naive to think that a bookmaker is so dedicated to its customers.

Of course, the bookmaker's analytics department has long since calculated the odds and only provides those that are favorable to them.

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

It's obvious. If a gambler wants to bet on a series of events, the more events there are, the higher the probability that one of them will be unsuccessful and lead to a loss. And when a bookmaker offers multiple events for betting, there's a strong incentive to bet on more events to increase the multiplier.

[bubilas]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

At first it looks nice because it feels like we have more choices. Like there’s more room to find a good pick, or maybe catch a big payout from those tempting odds.

But if we are not careful, that’s where we can easily lose more. Those extra markets are not offered because the sportsbook wants to give us easy chances. They are still priced in a way that favors the house.

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

What's so surprising about that? Of course, online bookmakers want to maximize the offer of all kinds of bets to those who can get excited and bring them money. For example, let's say that you are not a bettor at all, and you do not like betting, you do not know how the teams will play, but at the same time you sincerely like some goalkeeper or scorer in soccer. And suddenly the bookmaker offers you to bet on his contacts with meat: goal rescue by the goalkeeper or goals scored by the scorer. And you will place a bet, and therefore you will be interested. After all, your favorite athlete will actually earn you money in the match.

[maydna]

That is temptation to win more but that will not work to those who can control themselves better. They will not thinks the chances to win will be so many since they realize if they are not carefully, they will lose much money. If they don't understand this, they will just chasing more winning without thinks that will makes them falls by losing the money. They will face higher risks if they thinks that and that will only a matter of time to see their losses becomes big.

[purple_sparkles]

I always check out those kinds of offers because they often contain really good deals, although I understand they are designed to draw customers deeper into gambling and encourage them to spend money. The main thing is that the money allocated for this kind of entertainment should be limited, and the person should be able to maintain self-control. In that case, such offers can simply bring additional moments of enjoyment.

[Alpha Marine]

I think more options even complicate things for the gambler. You might get confused about what to bet. It's easier to pick one from a small number of choices than pick one from many choices.
This is why most times, I stick to the main options, like goals, winners, half winners and those kinds of things.
The way the markets are made, even if you get it correctly, the odds are not that big, so you don't win much. So, for you to win reasonable amounts, you have to accumulate different games, and this reduces your chances of winning the bet. Either way, the house still has the edge.
Thinking you can game the system is funny. The bookies will never put themsleves in a place where they will be more exposed than the players.  

[AmaGold70]

Sportsbooks offer so many markets now, it’s not just the usual over/under or point spread anymore. You open one game and suddenly there are specials, player props, team props, exact scores, first scorer, live markets, and a bunch of high odds sitting there.

At first it looks nice because it feels like we have more choices. Like there’s more room to find a good pick, or maybe catch a big payout from those tempting odds.

But if we are not careful, that’s where we can easily lose more. Those extra markets are not offered because the sportsbook wants to give us easy chances. They are still priced in a way that favors the house.

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

Yeah, these numerous options are not for gamblers to make more wins, but to choose from the range of different options. Though these different options doesn't guarantee gamblers winning, but it is very interesting because before when the options were very few, some gamblers were not satisfied with the few odds then, and they thought the bookies could add many other options. Presently, the options are so many that you will be pleased to use one. One thing will marvel you, even though there are many options to choose from, still gamblers still find it difficult to record big wins, the bet is mostly in the favour of the bookmakers. Sometimes we feel some games should not be given direct winning, and may have another option that will smooth that very game, and that is exactly the advantages of those different options.

[Agbamoni]

So instead of thinking more markets means more opportunity to win, sometimes it’s actually the opposite. More choices can just mean more traps, more impulse bets, and more ways to lose money if we don’t understand what we are betting on.

More market does not affect the outcome of our bet, whether we win or lose. More market means more options for us and more favor to the house. But as a brilliant sports bettor, if you know how to combine those options in your parlay, you will be profitable. The outcome remains the same whether we choose the new options or not. What we guarantee is how we used the options available to us.