Can we really fade the public without checking betting splits first?

[L E G E N D A R Y]

you are not far from the truth, but sometimes following people can also be misleading but I think in most cases, it is better to follow what others are saying rather than what you are assuming unless if you have some level of assurances from your end. I have seen people who let public opinions to define their own decisions despite their assurances. When you are sure of a decision do not allow the public opinion to make you change easily. It is more painful to lose a bet you've planned but later changed your mind to public opinion than to lose a bet you chose for yourself despite the opinion of the public.

You are right, sometimes its good to follow the public, they might be right but that doesn't mean that one has to depend on them at all times, as its not good and not advisable for them to follow all the leads of the crowd. They are to understand and verify some information by themselves to be more sure of they are doing, so that they won't be that hurt due to constant losses, and that way they will stay in the game and enjoy it.

[Lida93]

you are not far from the truth, but sometimes following people can also be misleading but I think in most cases, it is better to follow what others are saying rather than what you are assuming unless if you have some level of assurances from your end. I have seen people who let public opinions to define their own decisions despite their assurances. When you are sure of a decision do not allow the public opinion to make you change easily. It is more painful to lose a bet you've planned but later changed your mind to public opinion than to lose a bet you chose for yourself despite the opinion of the public.

You are right, sometimes its good to follow the public, they might be right but that doesn't mean that one has to depend on them at all times, as its not good and not advisable for them to follow all the leads of the crowd. They are to understand and verify some information by themselves to be more sure of they are doing, so that they won't be that hurt due to constant losses, and that way they will stay in the game and enjoy it.

Is following the crowd decision about a game a strategy that we should even think of giving an interest about?! Not that I think because those that makes up the crowd are just gamblers like myself who relies on the statistics available to us that am also using at my own end in making my bets. The pain of losing a bet you could have just followed your plan on is what I don't like experiencing, hence I mostly fade the crowd and do my thing as my analysis gives me.

[Nwada001]

Choosing bets blindly is not really the case right now, the problem is are you going to make profit from the bet.
There are cases of gamblers that have been on games they don't even have an idea that they are going to win.
Gamblers need to understand how gambling works and it is not something we can predict.

How do we make good choices and understand how gambling works if we don't put effort into making good predictions? No doubt most of the time bets don't come out the way we place them, but it's also not that advisable to always be following others' choices without understanding what you are staking your money on. Even when the option appears to be profitable, nothing is guaranteed.

[hyudien]

Betting against the public is not easy, you need to observe more carefully before finally deciding whether to bet or not and whether it is worth betting or not, of course if successful it will be quite profitable but the risk is also high, betting is not as easy as imagined and there is no strategy that really guarantees victory, the luck factor still plays a role.
 

[Gozie51]

A lot of bettors say “fade the public” like it is already a sure strategy. If many people are betting on one side, they quickly look at the opposite side.

That's the most ridiculous and ludicrous way to gamble. It will be a blind way of betting. Usually, such thought come to some gamblers mind when they have had losing streak and out of frustration, they start looking for different strategies. I know of some gamblers who tried that once or twice but they consistently failed.

But honestly, how do we even know where the public is betting if we don’t check any real data?

You can know this if you bet offline. Like you see gamblers discussing the game they have bet on. By such discussion, more people can sample their opinion and that will give you the insight of public sentiment of a particular game and even the options they are betting on.

Still, it does not mean we should blindly bet the other side. Sometimes the public is right too. But at least if we check the numbers first, we are not just guessing or following what people say.

[Achalugo BTC]

The most dangerous illusion is thinking that gambling is the road to success and ruining the life of a person. Another mind trap is associated with the state of being overconfidential which leads gamblers to neglect the rules of bare probability. The believe they are in charge but in actual sense they are just being controlled by fate. When playing casino, it is crucial to understand that casino are only won by the game provider.

I'm glad you pointed out the real problems of gambling and this is what cause most of them to fall into temptation that will ruined their lives for the worst, because thinking of gambling to be a way maker for them or make them to become rich, its the easiest way for them to be trapped in a situation that will hard for them to escape such a as being addicted to the game and losing their control for what that doesn't really matter in their lives, that is why its best for them to just play and keep themselves out of problems.

[LUCKMCFLY]

For someone that chooses to bet blindly, they are only throwing away their money gradually meanwhile someone who does the proper analysis method ends up not betting against the public at all time because he or she knows that the public are most of the time right too, although believe that it's an experience bettor that goes against the public but the newbies always like to follow the footsteps of what the public predict.

You know I think the same, because sports betting is for betting knowing what you're doing and taking into consideration what one has in knowledge of that sport, in casinos it's not like that, because you can know a lot but you have to do things exactly as they're supposed to be and wait to see if you get lucky, theory doesn't help much, what helps is the level of luck you have, and above all knowing how to bet and having the acceptance of the results.

[HONDACD125]

Going against the public doesn't make any sense to me, because the majority cannot always be wrong, and you shouldn't base your bets only on the fact that the public is betting on one side, so you should go for the other, because it's not a rigged casino game where if one side has a larger amount then the game will make the other side win and cheat the bettors on the other side and you manage to win this way. In sports betting, that's not how things work. The oddsmaker decide the odds in a way that even if the majority chooses the side that is most likely to win, they won't lose much even if it does, because they are not going to give you 3x odds for a side that has more chances of winning.

Besides, your bets should be based on your knowledge and experience about the game which should make you understand which side has an edge over their opponent and they at least have higher chances of winning. If public is betting on the side which has a higher chance of winning based in stats and everything, it wouldn't make any sense for you to bet on the other side when you know that the side the public has chosen is the right side to choose in that game, so you should also choose it regardless of where most of the bets are made.

[Questat]

Going against the public doesn't make any sense to me, because the majority cannot always be wrong, ....

That is the very point, they cannot always be wrong but they can be wrong most of the time.

And if most of the time you win when fading the public, with discipline in bankroll management that will definitely translate into profit.

That strategy would not be popular if it was not working, it is the realization of some bettors that they belong to the public perception, that is why they make wrong decisions most of the time, and linemakers know that, they take advantage of those bettors who follow their emotions more than their brains.

[boyptc]

They have to watch themselves seriously if they think that they can make it with gambling.

That is overconfidence there and IMO, that's a dangerous thing to think of. Because many gamblers have fooled themselves believing that they can make it.

But in the end, they only played themselves with a belief that made them confident but they over gamble and still lost.

The most dangerous illusion is thinking that gambling is the road to success and ruining the life of a person. Another mind trap is associated with the state of being overconfidential which leads gamblers to neglect the rules of bare probability. The believe they are in charge but in actual sense they are just being controlled by fate. When playing casino, it is crucial to understand that casino are only won by the game provider.

Never been a good idea to think that gambling is going to be associated with our success. While this happens for some but, let's give that to them and never think that it will be us who'll do the same.

It's a trap and I agree that having that mindset really puts a dangerous thought that we're going to bring every time we gamble.

And as the public has that view for the same topic and as well as the bets that we might possible follow, it is on how we react and keep ourselves in control.