As a professional and/or seasoned gambler, you should be risking a little money every now and again to experiment with new gambling ideas and theories. The experiments featured here are asking if contrarian betting is worth the risk.
The Contrarian Betting Soccer Experiment
In this experiment, bets were placed against the favorite. To make it fair as fair as possible, considering the limited scope of the test, bets were placed as “Win Or No Bet.” This means …show more content…
Yet again, we have to conclude that there is some validity to contrarian betting, but that it is a very murky water to explore. After all, one would have expected very little from betting on the second favorites since all the other horses may have won, as opposed to the soccer experiment where either one wins or the other does.
Conclusion
If you want to expand, add to, or improve your current betting system, then it is well worth taking a look at contrarian betting. If you run your own experiments and log the probability effecters, then you may be better able to pick contrarian bets that help you win more than you lose. Remember that professional gambling is not about winning every time; it is about balancing the books so that overall you win more than you lose. Contrarian betting may help you do just that, especially if the soccer experiment shown on this article is anything to go