On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
it would make games more interesting if you bet, lets say, 10 dollars in 3 separate games monthly, if you win, keep betting what you won and dont put more into it, its difficult to get wrong doing that, i believe
Rule of thumb for betting.
If you lose money don't be betting more in hopes of winning it back. Set yourself a limit... Never want to learn the hard way.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
i think everyone is aware that the odds are against you to make money, the only reason why people bet real money is for the excitement. Your reasoning is completely correct if the person betting goes into it to try to make money in the long term, but i think we can all agree that nobody does that lol.... Gambling in the casino is the same concept, no one makes money in the long term playing slots or roulette, but its for the thrill of the moment that you put that quarter into the slot machine.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
Wow, that is way way way too extreme. It will inevitably end with you losing real money if you bet on absolutely everything, if you bet cautiously on things which you are fairly sure about and are fairly sure the odds are good for you can most certainly win money. Your post reminds me very strongly of people who say exactly the same thing about poker, however that is clearly wrong, people play poker for a living.
I have made money from betting, not a lot but it's not like I lose money because I don't do it stupidly, I bet where I have a lot of knowledge and when I know the odds are good. The bookies are not knowledgeable on everything, while they try to bias the odds towards them often their ignorance causes you to be able to see an opportunity.
betting is much much more random than poker, why high ranked players are always the same in poker tournaments? and what about betting? you just cant be a professional at bet, so its much more difficult to ensure win
Yet, it is very possible to be addicted and get yourself into trouble on both betting and poker - A couple of years ago, one of my friends called me, said he'd pick me up; Arrived in a limo(Not something you see everyday in Denmark) and took me and some others out clubbing. Turned out he had won a poker tournament as well as won a crazy bet on football/soccer, winning him a total of 150,000 DKK (27k $) in one evening.. Less than 2 months later, he was in treatment for ludomania with a giant debt.
So yeah, its very much possible to be addicted to money poker, as well as it is to be addicted to betting - His advice is sound.
Yeah as others have said, follow the golden rule of only bet what you can afford to lose. I used to bet sports on pinnacle years ago, but was losing money so quit. Didn't lose a lot, but just saw that this wasn't going anywhere for me. It's very hard to make money betting because you make no money betting for straight wins unless you pick underdogs, so you need to bet on the spread to win, which is hard.
I don't doubt, that some people make mad money betting, it's just very hard to do and you need to bet more than $5/$10 a pop to make anything significant.
Looking at the sc2 bets on pinnacle right now, mvp is -300 to win outright, which is very bad odds to make any money, unless you bet a lot of money. The spread of -1.5 for mvp is -133 which is not bad, but then even I'm not sure if mvp will 3-0 or 3-1 sc, so it's risky.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
Wow, that is way way way too extreme. It will inevitably end with you losing real money if you bet on absolutely everything, if you bet cautiously on things which you are fairly sure about and are fairly sure the odds are good for you can most certainly win money. Your post reminds me very strongly of people who say exactly the same thing about poker, however that is clearly wrong, people play poker for a living.
I have made money from betting, not a lot but it's not like I lose money because I don't do it stupidly, I bet where I have a lot of knowledge and when I know the odds are good. The bookies are not knowledgeable on everything, while they try to bias the odds towards them often their ignorance causes you to be able to see an opportunity.
betting is much much more random than poker, why high ranked players are always the same in poker tournaments? and what about betting? you just cant be a professional at bet, so its much more difficult to ensure win
edit: sorry double post, thought i saw someone posting before my second t_t
My point was about ignorance, not that the two are exact parallels.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
tl,dr: NO FUN ALLOWED
Betting is not about winning money, betting is about making a game interesting.
Same as sports, a game with 2 teams who you don't care about and are not particularly good will be very boring, unless you bet money and you have a clear incentive to cheer for a team/score, and you can really get into the game.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
tl,dr: NO FUN ALLOWED
Betting is not about winning money, betting is about making a game interesting.
Same as sports, a game with 2 teams who you don't care about and are not particularly good will be very boring, unless you bet money and you have a clear incentive to cheer for a team/score, and you can really get into the game.
This is true. Always more fun to watch a game with something on the line. However, that's why I love fantasy hockey pools.
Why are you saying 'you cannot win' when this is sports betting, not like casino betting. For example, when XLBet was running and it took odds on BW games, it was definitely possible to pick out excellent odds; there's more factors at play in Starcraft, it's not random. If you are knowledgeable about the game and can tell how good players are in a certain matchup on certain maps then you can do ok. It didn't appear to take maps into account at all. Then had players like Bisu who would appear to be vastly favoured in certain series on pure statistics but really a lot of people would expect him to lose.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
OK mother... what is it with posting an entire post in bold. What you had to say really wasn't THAT important. People are responsible for their own actions - let's leave it that way.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
you have no clue you are like a stubborn grandma calling gambling the devil
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
thats like saying people who play stocks/poker never was successful at it.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
Wow, you really dont understand the odds market works. Dissapointing post from an admin. I think your confusing value betting with betting blindly.
First: zere is not an admin, he's on the team liquid staff. Second: He's not wrong and for every earner there are a hundred thousand poor fucks that lose all their money and lives.
I had some good results and bad resultsin sports betting in the past. I started off with $50.00 in the account, after a season of the sport I was betting on I had stats like this. Wagered: $1275.00 Net: +$235.00. So that $50.00 turned into a profit of $185.00 for me. It wasn't a whole lot, but it made the games so much more exciting. I did lose a lot of bigger bets, but I also won a lot of big bets.
Gambling is fine if you can control yourself. If I would have lost the $50.00 right away and instantly reloaded another $50.00 to keep on playing then, that is where you lose big money. Zere is just giving some advice for all of the fish who think that betting on sports lets you hit the jackpot with ease. You need to grind it out a lot, just not as much as poker to make any decent coin(Poker is better in the long run of grinding, you have more control over the odds).
Pinnacle seems legit to me, I haven't cashed out on it yet, just keeping it on the account. (Around $25.00 right now)
On November 24 2011 04:53 zere wrote: The only one who wins in any betting game is the bookie.
Not completely correct, the other one regularly winning in bets is the one with insider information. I.e. the player (and his friends / accomplices) that knows that he is going to lose. given that many players bet on this site, I would be extremely surprised if none of them would bet on their own games and lose them on purpose. They would actually be quite stupid not to do so, its free money. Especially given the few money players often get for winning. The bigger the volume on the bets is, the easier it is to do insider betting. Therefore people betting on sc2 are actually facilitating match fixing. And the insider betting reduces the win rate of the regular gambler even further of course.
thats like saying people who play stocks/poker never was successful at it.
When you play stocks and poker you don't gamble against the house, you gamble against other players. The expected value of this is zero if you are equally skilled, and if you are more skilled than your opponents then it can even be positive.
Whenever you gamble against the house (casino, or betting place), your expected outcome is negative. That means that the more you play, the more likely it is that you will end up loosing.
The TL guy here is giving solid advice, and so many people are bashing him for it?
And to the people suggesting that they can have superior knowledge and thus tilt the odds in their favor: while it is possible, if you think that you and no one else (because if other people could do that, all betting houses would go broke) can predict the outcome of games then I think that you think too highly of yourself.
The only one who wins in any betting game is the bookie.
The reason why there are betting houses is because they are able to win alot of money. The law of probability his in there side, in the end they will always win.
the player (and his friends / accomplices) that knows that he is going to lose.
Illegal and betting house do think and protect them self's.
On November 24 2011 04:53 zere wrote: Please everyone remember that betting real money will inevitably lead to losing real money. If you are going to bet, just for the heck of it, set yourself a monthly maximum, say 10 bucks. Hitting 2 or 3 wrong results in a row, money can vanish faster than you could possibly imagine. Odds are designed for you to lose money. The only one who wins in any betting game is the bookie. The best way in order to not lose money is simply not to bet. Don't even anyone dare to question this. No, not only others are stupid, you can be, too. You do not have a perfect system, because there is no perfect system. No, your friend of your friend did not win anything, especially not long-term, he is making stuff up. Be responsible and get rid of your illusion.
I don't know how to be clearer. I hope someone who wanted to throw his money away read this and stopped betting.
you have no clue you are like a stubborn grandma calling gambling the devil
Exactly my thoughts. There are a lot of people who make a living from sports betting, but they spend several hours daily on it and make picks carefully. "A lot" is probably less than 5% of the bettors, but then again, most of them are betting for fun only. Pinnacle is the most respected bookie on market and their odds are really good. The odds on SC2 matches shouldn't be as accurate as the odds on the big sports, so it's possible to make nice profits if you bet smart. The best advice I can give is to have good money management and stick to it. Don't get overconfident if you win some bets and don't chase loses.
EPT
