What is what does it mean to fade a bet?

Fading a bet, in the context of sports betting, essentially means betting against a particular gambler or the perceived public consensus. It's the act of taking the opposite side of a bet that's either publicly popular or known to be favored by a specific individual or group.

Here's a breakdown:

• Definition: To "fade" someone in betting is to wager against their predicted outcome. If someone bets on Team A to win, you would "fade" them by betting on Team B (or the draw, depending on the sport) to win.

• Rationale: Gamblers may choose to fade for various reasons:

  • Contrarian Strategy: Believing the public is often wrong, they bet against the popular opinion to find value. This is related to the concept of https://www.wikiwhat.page/kavramlar/contrarian%20investing.

  • Disagreement with an Individual's Pick: If a specific "tout" (a person who sells sports predictions) has a track record of poor performance, one might fade their picks. It could also simply be a disagreement with their reasoning or analysis.

  • Line Movement Analysis: Observing the https://www.wikiwhat.page/kavramlar/line%20movement and determining that the line has moved too far in one direction due to public money, creating value on the other side.

• Risks: Fading can be risky, as the public can be correct, and a specific gambler may have an edge you're unaware of. It's not a foolproof strategy and should be based on sound reasoning and analysis, not just blind opposition. It is important to do your own https://www.wikiwhat.page/kavramlar/research and https://www.wikiwhat.page/kavramlar/due%20diligence.