What is smart? Is it smart to gamble? No! Because usually, in the long run, the bank wins.
It's definitely gambling, but the probability of Bayern winning against Buxtehude is much higher than the other way around.
My odds on the France 8x1.5 Over ticket were no different. But at least I got 3 odds out of it.
That's right, it's never wise to gamble. But you can use strategies to reduce the Risk of loss. Lower odds are part of this because, mathematically speaking, they are more likely to work out than higher odds. That's why I understand people who bet like this, but the following should also be mentioned: many people simply forget to calculate the value. Are 1.2 odds worth it? No, no matter how high the bet is. Even if you bet €10,000, the bet has no value. You risk your bet to make a 20% win. Well, 20% is a lot - no bank will give you that much, but with the bank (e.g. fixed-term deposit) you will also get your capital back in the end.
Example World Cup 2022: I saw a 160k bill at a crypto shop. Someone bet 160k on Argentina beating the Saudis and lost. I searched for the news here (Football fan loses $160,000 after betting on Argentina to beat Saudi Arabia - Yahoo Sports). There were also screenshots, but I can't find them at the moment. It won't be the average gambler who bets 160k on a group game, but there are enough people who do it with 1-5k.
frapi07 wrote on May 19, 2024 at 11:35 pm:
Right, it's never wise to gamble. But you can use strategies to reduce the Risk of loss. Lower odds are part of this because, mathematically speaking, they are more likely to work out than higher odds. That's why I understand people who bet like this, but the following should also be mentioned: many people simply forget to calculate the value. Are 1.2 odds worth it? No, no matter how high the bet is. Even if you bet €10,000, the bet has no value. You risk your bet to make a 20% win. Well, 20% is a lot - no bank will give you that much, but with the bank (e.g. fixed-term deposit) you will also get your capital back in the end.
Example World Cup 2022: I saw a 160k bill at a crypto shop. Someone bet 160k on Argentina beating the Saudis and lost. I searched for the news here (Football fan loses $160,000 after betting on Argentina to beat Saudi Arabia - Yahoo Sports). There were also screenshots, but I can't find them at the moment. Won't be the average gambler betting 160k on a group game, but there are enough people doing it with 1-5k.
I have to correct you here frapi. Your statement about value is simply wrong. Of course, odds of 1.20 can also have value. In the end, theoretically a 1.01. You should perhaps read up on the subject again, as in my opinion it is essential to at least attempt to bet profitably.
frapi07 wrote on May 19, 2024 at 11:35 pm:
Right, it's never wise to gamble. But you can use strategies to reduce the Risk of loss. Lower odds are part of this because, mathematically speaking, they are more likely to work out than higher odds. That's why I understand people who bet like this, but the following should also be mentioned: many people simply forget to calculate the value. Are 1.2 odds worth it? No, no matter how high the bet is. Even if you bet €10,000, the bet has no value. You risk your bet to make a 20% win. Well, 20% is a lot - no bank will give you that much, but with the bank (e.g. fixed-term deposit) you will also get your capital back in the end.
Example World Cup 2022: I saw a 160k bill at a crypto shop. Someone bet 160k on Argentina beating the Saudis and lost. I searched for the news here (Football fan loses $160,000 after betting on Argentina to beat Saudi Arabia - Yahoo Sports). There were also screenshots, but I can't find them at the moment. It won't be the average gambler who bets 160k on a group game, but there are enough people who do it with 1-5k.
I think you misunderstand the concept of value in sports betting.
but today will be interesting, the first real final, let's see how they handle it
a real final game
the best thing is for them to completely exhaust themselves today so that lautern can take the Pot on saturday )))))
MisterL wrote on 22.05.2024 at 14:23: does it count as a defeat if leverkusen lose on penalties in relation to their series?
Interesting question, betting that the series will break? Since it's a knockout game, I'd say the series is over, but I don't know. Give FIFA or Bayer Leverkusen a call😉
Jenn-R wrote on 22.05.2024 at 14:42: will be interesting today, the first real final, let's see how they handle it
so a real final game
but it's best that they spend themselves completely today so that lautern can take the Pot on saturday )))))
Oh, it's you who bet 200 euros on Facebook on Lautern to win. Could even be
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That's right, it's never wise to gamble. But you can use strategies to reduce the Risk of loss. Lower odds are part of this because, mathematically speaking, they are more likely to work out than higher odds. That's why I understand people who bet like this, but the following should also be mentioned: many people simply forget to calculate the value. Are 1.2 odds worth it? No, no matter how high the bet is. Even if you bet €10,000, the bet has no value. You risk your bet to make a 20% win. Well, 20% is a lot - no bank will give you that much, but with the bank (e.g. fixed-term deposit) you will also get your capital back in the end.
Example World Cup 2022: I saw a 160k bill at a crypto shop. Someone bet 160k on Argentina beating the Saudis and lost. I searched for the news here (Football fan loses $160,000 after betting on Argentina to beat Saudi Arabia - Yahoo Sports). There were also screenshots, but I can't find them at the moment. It won't be the average gambler who bets 160k on a group game, but there are enough people who do it with 1-5k.
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I have to correct you here frapi. Your statement about value is simply wrong. Of course, odds of 1.20 can also have value. In the end, theoretically a 1.01. You should perhaps read up on the subject again, as in my opinion it is essential to at least attempt to bet profitably.
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I think you misunderstand the concept of value in sports betting.
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3 odds!
You heard it here first!
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a real final game
the best thing is for them to completely exhaust themselves today so that lautern can take the Pot on saturday )))))
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Interesting question, betting that the series will break? Since it's a knockout game, I'd say the series is over, but I don't know. Give FIFA or Bayer Leverkusen a call😉
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I can answer that for you. It wouldn't count as a defeat.
A match that is decided on penalties is counted as a draw in the statistics.
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hmmm
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Be glad that I'm answering you at all
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Oh, it's you who bet 200 euros on Facebook on Lautern to win. Could even be
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Who is still on Facebook these days?
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Over 3 billion (active) people. Still the number 1 social network.
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