I was wondering if you make bets on sports that you have no experience in?
lets say you have never watched boxing, or soccer even, would you still consider betting on these matches?
how will you do it then? random or will you use a tipster service?
I was thinking about getting into sports betting but the games are countless and i don't know which one to choose and i don't know anything about majority of sports.
Of course, few years ago i was betting on hokey - i didn't know back than anything about hokey and also i didn't watched hokey games. But i know how to read statistics and i was very accurate and made some extra cash. Just chose game and bet on statistically better team.
That is why sports book have like 1.9 odds on both teams if chances of winning for both are 50% while dice takes just 1% because in sports we can use brain and smartness and some people even fix matches lol so its much safer for a gambler to bet on sports he knows while betting on unknown sports is same too because you can win also or loose also but very risky actually.
Don't put words in my mouth. Where did i said that I was betting on 1.9 odds? What does this has to do with my post which you decided to quote?
If you do not understand what I am trying to say, read again my post with 1.9 house edge.
Basically sports betting has more house edge compared to other types of gambling (for example, dice). If you still do not understand what I am trying to say, I am sorry I am really helpless.
Edit:
It is pretty common and obvious that sports book offer around 10% house edge and hence I assumed moreover you compared statistical data which basically is useless since the sportsbook does a much wider review and then offer odds. And please don't take away the right to speak from us. If you are hurt for any reason, I though don't think I should, but I apologize.
Sorry, i did and i still don't understand what your post has to do with my. I never said i bet on match where both teams have 50-50 chance to win. It's not smart bet if you ask me. It is lucky bet. My bets were on 1.15-1.35, maximum 4 matches on 1 ticket.
I don't know why are you explaining to me house edge, did i say i don't know what house edge is?
Also, some dice sites have 1.9X payout when you bet on 50-50 chance.
Of course, few years ago i was betting on hokey - i didn't know back than anything about hokey and also i didn't watched hokey games. But i know how to read statistics and i was very accurate and made some extra cash. Just chose game and bet on statistically better team.
You are really lucky to get some wins to wage on a sport you have no clue but i would not dare to wage a bet in a sport i am not interested because statistics really cannot showcase the present form and situation of the team.
You are right but betting on a sport that we don't know is like betting very randomly and sometimes odds are wrong or say ill mannered and you might loose. I though bet on sports that I don't know how they work and what are the rules but that I only do when some predictors ( whom i trust ) give picks from those sports. I never make bets myself on such games.
Ok, what about this:
https://bitcointalk.org/index.php?topic=1702739.msg17770835#msg17770835 ? If i bet on statistically better team, than it is randomly lucky guess?