Bitcoin Forum
June 15, 2026, 10:41:09 AM *
News: Latest Bitcoin Core release: 31.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: Are “safe bets” really safe, or just overpriced?  (Read 560 times)
Felicity_Tide
Sr. Member
****
Offline

Activity: 798
Merit: 373


cout << "Bitcoin";


View Profile
Today at 08:06:18 AM
 #101

~snip

For those who do sports betting, do you still trust favorites when the odds are low, or do you avoid them once the price looks too expensive?

Lol, I know what you're trying to pass across here, but in my opinion, it's a very terrible idea.
So, just because a particular team happens to be the favourite to win a game, and bookmarkers issued a very small odds, which means you're likely to receive a small pay when they get the win, and you opted to bet against them because that odds looks way bigger, trust me, you might wrap up with betting even before you begin.

AFAIK, it's normal to issue out smaller odds to conditions with higher probability. That's literally how the game works. So, choosing to bet against the odds itself means that you believe In the 'nearly impossible'. I have done this a couple of times, but I didn't just do it because I thought I could outsmart the bookies. I did because I felt there was a chance, and mind you, it was all based on a calculated risk. I understand that there is no such thing as safe bets, but we have favourites for a reason.

Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!