Do bookmakers buy information from sports leagues?

[Fortify]

The reason why I brought up this, is because of an argument between some bettors today. According to the claim of one of them, betting has not been very favorable to him for some weeks and he is blaming it on the sportbook and football Leagues, he said that bookies always pay some sports league to get early information about different team and that some media also pays the league to get earl y information that they sell to some bettors and that there are some information that a team could sell to the bookies and media but will not make it public and the bookies are using it as an edge to make better prediction than an average bettors.

What cross my mind in that argument is that, most bettors do not bother to do proper analysis before bettors on a game, there are a lot of players who are just very desperate to make money and they don't bother to research for informations before betting on a team. I argued that the bookies get the same information that bettors get because all necessary information are published in different news site. But I believe some of us here are more experienced in sports, do you think bookies buy information from leagues?

There's two answers to this, firstly if you did imply there was any corruption going on (which you can never rule out) then it's only going to affect a insignificant minority of bookmakers and a very narrow set of leagues that they might be able to get an advantage in. If you mean more generally then it's only the biggest bookmakers that will contemplate the idea of creating odds analysis software because if you get it wrong or your software is even milliseconds slowly than a competitor that you'll probably lose money to arbitrage traders. Most sportbooks will use specialist odds providers who will figure out the contracts with leagues/stadiums/events to make sure they have the absolute quickest feeds so they can calculate the optimum odds. That's all they need because most odds will have a margin of safety built in both ways, so once you have enough gamblers then it becomes self sustaining. No doubt they have occasional "bad days" where lots of key high volume bets go against them, but in general they have many more winning days to make big profits.

[Ryu_Ar1]

I personally dont feel this to be a matter that can really be debated because when saying bookies cheat just because gamblers lose their gambling doesn't it also shows that most of us are still quite naive in interpreting things.
Indeed we will always want to win so when there are things that are less profitable then we will attack anything even say that the bookies have cheated but when we win things like that are left alone.

The logic when the bookies always pay for their profits is for sure at each site the odds become diverse for one game but until now the big sites even look quite the same even though they have their own interests for their competition and profits.
So in this case I do not fully believe this claim, indeed there may be some things that can be used as a reference about cheating problems such as match fixing or other things but this can only happen in matches or competitions that are small in scale no more than that.

[Davidvictorson]

The reason why I brought up this, is because of an argument between some bettors today. According to the claim of one of them, betting has not been very favorable to him for some weeks and he is blaming it on the sportbook and football Leagues, he said that bookies always pay some sports league to get early information about different team and that some media also pays the league to get earl y information that they sell to some bettors and that there are some information that a team could sell to the bookies and media but will not make it public and the bookies are using it as an edge to make better prediction than an average bettors.

Well, why this alleged allegation by your friend may be through may, I think he’s focusing on the wrong thing. Just think about it for a second, his claim is true or not he must recognize that these are external factors that are outside of his control and such it is a time to have a reminder that gambling and winning is just about luck. So if he is experiencing losing streak he should focus on things that are in his control. For example, maybe he should consider changing his betting to another sports book. He could also consider taking a break completely from sports betting. Lastly, he could also consider switching to other types of casino games like slots, dice, roulette, and many others.

[Mallampue]

It may happen but for a small scale competition that may not even be too famous for a global scale such as lower leagues or less attention but for a larger scale such as domestic leagues in Europe especially for 5 leagues that are considered big now as well as some other competitions such as Champions League, Europa League and international scale involving every country such as AFCON, World Cup or Euro I dont feel this to be a possible thing to happen.

We know a big competition like this will have a lot of money burned and when the bookies pay for every game then it won't be worth it because their profits could have been used up just to pay this fee.  I know there will always be controversy about this even in some moments Ive seen that small competitions in some videos circulating on social media there is always cheating that is left only for the benefit of the bookies.

If the gambler dont want to feel cheated then for gamblers it is better to choose the big leagues or the top of Europe as an option and of course choose a site that has a good reputation so that there is no reason for cheating if they lose.

[Silverstonez]

There was a day when I was at a viewing center watching a match, although I can’t recall the exact match I was watching that day when I over heard someone saying that, a match is played before it is broadcast for others to watch.

It’s sounds funny right? I couldn’t just imagine it happening. The person went on to say that, those who are able to obtain information about how the match ended, including the final score would be in a position to win money from casinos and gambling platforms.

I honestly don’t know how true this statement is, but i would love to hear what others think about this statement.

[BALIK]

Maybe if they had specified the type of information they in their argument then we could have known but they didn't maybe they could step up their research properly before betting on a game if that is their bone of contention.

Information rules the world and men with quick  access to very important information in any field they always get ahead before any others.  There's no industry that certain information and not withheld not to be broken quickly to public consumption without certain calibre of person within that echelon not first being aware. Perhaps, information about the players state just before a match, what happened in the dressing room, and similar informations.

Hmm, once injury update is released, everyone can take look at it.
But information about any key player suddenly falling ill just before match, when this fact has not yet become public, carries unique value.

Other hand, not all of the bookmaker advantage stem from inside information. They also have official data feed, faster inplay update model. For instance, this time FIFA appointed Stats Perform as official betting data and streaming right distributor. Through this, licensed sportsbook could obtain official data and live streaming. So, formal commercial agreement between sport organisation and betting data providers do exist. But this agreement does not lead to conclusion that bookmaker are purchasing confidential dressing room information and predetermined result.

[I_Anime]

The reason why I brought up this, is because of an argument between some bettors today. According to the claim of one of them, betting has not been very favorable to him for some weeks and he is blaming it on the sportbook and football Leagues, he said that bookies always pay some sports league to get early information about different team and that some media also pays the league to get earl y information that they sell to some bettors and that there are some information that a team could sell to the bookies and media but will not make it public and the bookies are using it as an edge to make better prediction than an average bettors.

What cross my mind in that argument is that, most bettors do not bother to do proper analysis before bettors on a game, there are a lot of players who are just very desperate to make money and they don't bother to research for informations before betting on a team. I argued that the bookies get the same information that bettors get because all necessary information are published in different news site. But I believe some of us here are more experienced in sports, do you think bookies buy information from leagues?

Yeah ,  bookmakers do pay for sport data, but that doesn’t mean they’re necessarily buying confidential information about the teams. Most of them pay for those data to operate more efficiently, there are also vital information that will help bettors with their analysis more too. I think that’s why many bettors prefer sport betting compare to casino games which usually boils down completely on luck . When come to sport betting with the right information about a team past performance one can definitely get some edge.

[Emitdama]

What cross my mind in that argument is that, most bettors do not bother to do proper analysis before bettors on a game, there are a lot of players who are just very desperate to make money and they don't bother to research for informations before betting on a team. I argued that the bookies get the same information that bettors get because all necessary information are published in different news site. But I believe some of us here are more experienced in sports, do you think bookies buy information from leagues?

It might be possible, but at what cost? I've honestly never heard of anything like this before. Even if someone manages to buy inside information, the outcome of a game is still determined by what happens on the field. I don't know how your friend came up with this idea, but I find it quite unrealistic. I know match-fixing exists, but what's the point of buying inside information about entire leagues? Like someone else might have said, your friend could just be looking for someone to blame for his shortcomings, so he came up with this idea to make himself feel better. I wouldn't completely rule out the possibility of inside information, but I don't think it's something you can easily buy or rely on..

Now there are enough markets, and bookmakers surely have their way of taking enough profit, so why will they buy information about anything from any league? Usually after having lost, people bring arguments like this because they feel frustrated and have nothing balanced, so theories like this start working.

Sportsbetting is now turning into a big industry and uses technology, and there are more experts to give them all details, which are helpful for them about their business. People always want to have big wins to make good profit but never have results as expected, so their mindset moves into negative; it's never been stopped because gambling related fake stories will stay alive.