Today I’ll be writing this blog to discuss some interesting theories you should think about when using betting sites, especially if it’s related to sports or any betting involving teams. Some theories I’ll be discussing include the bounce back theory and a risky betting theory.
Firstly, the bounce back theory is based on a sports team that has a high chance to win a game because they may be underdogs or have had a losing streak. Betting sites will often put these teams at relatively low odds because of their history, but why would you bet on these teams with a losing record? Essentially, the bet probably has low odds so it won’t cost you much to slap some money on the team and if they win you receive a large sum of money. If they lose, well maybe you lost a few dollars but the risk is definitely worth it!
Another theory involves making some risky bets, but not in the same vein as the one discussed above. Suppose there are two teams, team one and team two competing in a football match and team one has the edge. Let’s say 90% of betters bet on team one and so the odds are probably high. Well, bet on team two and do the opposite of what most people are doing. Why? Because if the majority of people are vocal about which team they think will win, this can often skew the odds on a bet even though the odds may not be so one-sided.
Both of these theories are fairly common knowledge for betting sites and gambling in general, but I just thought I’d let you guys know some things that I didn’t know until recently. I hope these points stand to you when deciding which teams to bet on! Thanks for reading this post.