A thread on betting theory

P_1

Just wondering if many folk here would apply any theory to their betting, i.e. risk/reward or is it usually a case of people picking what they fancy.

Using risk/reward as an example, say you were to bet a tenner on an even money shout:

Risk: You lose a tenner if it doesn't come in
Reward: You gain a tenner if it does come in

Would many people focus more on the reward than on the risk when they're betting?

Or is this just too boring to even contemplate?

yesno1234

P_1 wrote: »

Just wondering if many folk here would apply any theory to their betting, i.e. risk/reward or is it usually a case of people picking what they fancy.

Using risk/reward as an example, say you were to bet a tenner on an even money shout:

Risk: You lose a tenner if it doesn't come in
Reward: You gain a tenner if it does come in

Would many people focus more on the reward than on the risk when they're betting?

Or is this just too boring to even contemplate?

Looking at risk/reward would be foolish imo. If looking at risk/reward accumulators look fantastic. Risk 10 to reward maybe 100. While in reality we know that you'll never make money in the long run. You should be looking for value, where a bookie has priced an event up incorrectly.

ft9

This thread, in the Horse Racing forum may interest you.