Post
Topic
Board Gambling
Re: 🐳 Whale.io - Casino & Sportsbook 💰 Daily Cashbacks 💰
by
tbct_mt2
on 22/01/2025, 13:26:35 UTC
Never trust the odds, this is my advice. I've been very active in sports betting and I learnt that odds only mean something during very popular matches, other times odds aren't important because bookmakers often trick people because since the majority of people blindly place a bet on teams with small odds, they sometimes give very high odd to the team that's most likely to win, then a player makes a bet on opposite team because he thinks that opposite team has a high chance of winning because it has a very low odds and in the end, player loses.
If odds can help gamblers to know about the winner, sportsbooks will be bankrupted. Sportsbooks are not bankrupted, but get richer and this implies something about given odds in sports. Sometimes it works, sometimes it does not work for gambler's prediction and they fail as well as lose money to sportsbooks.

Sportsbooks in fact only need a kind of balance and get money from service fees, and it's big enough for their business revenue but surely there are more sources of income for sportsbooks.

Players are not disciplined and they can win big but with small initial bet capital, and when they lose, they lose with big bet capital. In the end, players have higher risk to lose their initial capital than sportsbooks.