Re: Everything we must know about ODDs in sports betting :)

Quote from: micher143 on March 03, 2019, 01:42:16 AM

Quote from: ricardobs on February 19, 2019, 07:37:34 AM

Like myself, I guess many gamblers here are getting confused on properly understanding about what is odds and what its significance in deciding profit levels. (I guess on the event of loss, there will be no need of odds as there will be only zero payments, right ?).

I just checked on wikipedia and found this:

Quote from: https://en.wikipedia.org/wiki/Odds#Gambling_odds_versus_probabilities

In gambling, the odds on display do not represent the true chances (as imagined by the bookmaker) that the event will or will not occur, but are the amount that the bookmaker will pay out on a winning bet, together with the required stake.

I am just a dice gambler (precisely, I am a gambler only after adopting cryptos) and now want to extend my gambling into sports betting too. I have tried few dart and cricket betting and made profits too as per my friend's guidelines and honestly at those times I never bothered about what was odds. But, now I want to be independent sports better hence want to learn about odds.

By simply skipping the part of "odds", will we able to make profits in sports betting like capability of predicting the winning team is alone enough ?

It will be easy to predict on who will be the winning team in sports betting if you do really know every team in the sports you designate to bet on. It will be risky if you will just believe on hearsays by other people because you will be the one who must know on how the performance of the playing team goes on based on their past game performance that is why you need to be a great fan of sports so you can totally know not just the team statistics but as well the capability of every players on the team to fight back against the opponent team to better have a good conclusion on who will win the game not just barely based on prediction but also because you do know where you have entrusted your bets on. That is what I have known about sports betting but have not yet tried into playing because I am just contented playint into an online casino which is a lot more convenient for me, and also I can enjoy variety of games they have plus the bonus reward for doing my first deposit on it.

That's right. There is no trick on winning in sports bet because you just have to know better the playing teams in the court or in the field and you must be knowledgeable with the rules as well so that while waiting for the results to come out, you will enjoy yourself watching for the both teams playing especially to the team where you have placed your bet in which you are analyzing their performance for the next game to come. Well, it is fun to watch sports on a live event but it is sometimes tiring and I guess that online casino you were saying is a lot more convenient to play those variety of games you were up to, interesting.