When you engage in online sports betting or just sports betting in general, you may
have come across terms such as ‘trend in betting’ and ‘betting on trends’. Although you
know the literal meaning of the words, what exactly do they mean when used in the
context of sports betting?
In this article, I will talk about the main difference between trends in betting VS betting
on trends as it relates to sports betting in general.
Trends in Betting
For you to understand this topic, you must first know how sports betting works. We will
use horse racing as an example since this is the most popular sport when it comes to such.
Anyway, let’s say that you focus on one particular type of race and let’s assume that
you have already established the top 3 favorites to win the game. You look at three
games to establish a certain trend.
This trend may likely go upward or downward depending on a number of factors, such
as the weather condition on every race, the fatigue level of the horses in question,
among many other things.
Just like in Forex, a trend in sports betting means that there is likely a shift in prices
depending on the actual race and the participants that are involved.
When you rely on past data, that could help influence your decision on who to bet on
since you are fairly confident that participant A is most likely going to win (again,
assuming that we look at historical data for this).
Now, unlike currency trading, horse racing has a lot of different factors and any changes
in such factors could result in a different outcome.
Let’s assume that horse A is winning consecutively as it has consistently beaten its
opponents in past races. However, in the unfortunate event that the horse suffered an
injury mid-race, that would certainly change the outcome of the race dramatically.
So, in theory, trends in betting mean that you look at historical data to see a certain
trend and then bet accordingly based on the data that was presented.
Betting on Trends
So, how does betting on trends differ from the previous concept? Well, not much, but
the huge difference is that betting on trends would have you look at huge amounts of
data to be able to pinpoint an exact trend.
This is usually used in the context of major sports events like the NFL’s Super Bowl,
and other similar events.
Since the stakes are high, looking at huge amounts of data is needed so that you can
somehow ‘accurately’ predict who is going to win.
Now, I want to put emphasis on ‘accurately’ because, again, there are so many factors
that are involved in a play that could influence the outcome of the game.
Since the stakes are higher and bets, in turn, are also high, you can expect people to be
more cautious and study all possible avenues to help them win it all.