if i had 1 dollar for every time i have asked a poster to tell me who exactly is the public, i would have be tripping over the piles of money. Every gambler that uses the word public, think they arent the public. You are the public and the sooner you learn to realize that, the better off you will be.
In my younger years i worked for some huge books and bettors would always ask, who do we need on the games and their policy for this question was to tell the bettors to call back 10 minutes after the games go off and they would tell you lolllllll.
Their stance was, they werent gonna help any bettor win their money.
Books are only gonna give bettors info that will help them win your money, not you win their money. Fake numbers to help balance their books.
You can bet your ass in all the sports books in the world, legal and illegal, had sharp bettors betting atlanta and sharp bettors betting tampa. Public bettors (thats all of us) betting atlanta and public bettors betting tampa.
2 ways to use sports book info and this is only if you know the people running it very well. Find out who their best long term bettor is and ride their coat tails or ask who their best long term losing bettor is an fade those picks. Anything else is like flipping a damn coin
0
if i had 1 dollar for every time i have asked a poster to tell me who exactly is the public, i would have be tripping over the piles of money. Every gambler that uses the word public, think they arent the public. You are the public and the sooner you learn to realize that, the better off you will be.
In my younger years i worked for some huge books and bettors would always ask, who do we need on the games and their policy for this question was to tell the bettors to call back 10 minutes after the games go off and they would tell you lolllllll.
Their stance was, they werent gonna help any bettor win their money.
Books are only gonna give bettors info that will help them win your money, not you win their money. Fake numbers to help balance their books.
You can bet your ass in all the sports books in the world, legal and illegal, had sharp bettors betting atlanta and sharp bettors betting tampa. Public bettors (thats all of us) betting atlanta and public bettors betting tampa.
2 ways to use sports book info and this is only if you know the people running it very well. Find out who their best long term bettor is and ride their coat tails or ask who their best long term losing bettor is an fade those picks. Anything else is like flipping a damn coin
you guys still think public betting percentages are actual and factual...too funny I have said this a gazillion times....what benefit does ANY site gain by publishing true and accurate figures of what action they are taking??? And a follow up question, to know these true betting percentages you would need to have a congruency from every betting house to provide such numbers just so they could help the bettors out....how and why? I look forward to the replies because this might make it into my next comedy act.....
These bettors are so frigging gullible its down right comical. They actually think the sports books are in the business of helping bettors win their money and you would have better luck explaining this to a couple of monkeys at the zoo. Its like all of these people have zero common sense skills. And when they happen to win a game based on the numbers they look at, they act like they are geniuses but truth is they will never become winning bettors in their lifetimes
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Quote Originally Posted by ABooksNightmare:
you guys still think public betting percentages are actual and factual...too funny I have said this a gazillion times....what benefit does ANY site gain by publishing true and accurate figures of what action they are taking??? And a follow up question, to know these true betting percentages you would need to have a congruency from every betting house to provide such numbers just so they could help the bettors out....how and why? I look forward to the replies because this might make it into my next comedy act.....
These bettors are so frigging gullible its down right comical. They actually think the sports books are in the business of helping bettors win their money and you would have better luck explaining this to a couple of monkeys at the zoo. Its like all of these people have zero common sense skills. And when they happen to win a game based on the numbers they look at, they act like they are geniuses but truth is they will never become winning bettors in their lifetimes
Not taking sides here, but FWIW, @cd329 is accurate in most of his statements. There is absolutely no state or federal level stature that requires professional (legal) bookmakers to provide accurate live reporting of monetary allocation, sharp/public splits, etc. Those factors are called proprietary business data points.
Books are not in the business of giving customers an edge. They are in the business of taking your money.
So why do some books show bet splits?
Marketing / Engagement
Showing public betting % keeps bettors engaged and betting more. It gives recreational bettors a false sense of insight. And gets people like us 3 (public) talking about it. Also, It helps the book shape action. Books want balanced action when it benefits them, and showing splits can influence bettors to pile onto or away from a side.
Example:
If they want more money on Team A, they can show a stat like 80% of bets on Team B. This pushes some bettors toward Team A, creating balance.
It’s a psychological tool, not a transparency tool.
@cd329
The real, most common misconception in all of us rec (public) gamblers is what a Sharp is. A Sharp isnt someone who is good at gambling and bets big. Look at Pinny (if not US based) and Circa as examples. Those are 'Sharp' books. But I'm not getting into this topic right now.
Good day fellas
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@jpot34
Not taking sides here, but FWIW, @cd329 is accurate in most of his statements. There is absolutely no state or federal level stature that requires professional (legal) bookmakers to provide accurate live reporting of monetary allocation, sharp/public splits, etc. Those factors are called proprietary business data points.
Books are not in the business of giving customers an edge. They are in the business of taking your money.
So why do some books show bet splits?
Marketing / Engagement
Showing public betting % keeps bettors engaged and betting more. It gives recreational bettors a false sense of insight. And gets people like us 3 (public) talking about it. Also, It helps the book shape action. Books want balanced action when it benefits them, and showing splits can influence bettors to pile onto or away from a side.
Example:
If they want more money on Team A, they can show a stat like 80% of bets on Team B. This pushes some bettors toward Team A, creating balance.
It’s a psychological tool, not a transparency tool.
@cd329
The real, most common misconception in all of us rec (public) gamblers is what a Sharp is. A Sharp isnt someone who is good at gambling and bets big. Look at Pinny (if not US based) and Circa as examples. Those are 'Sharp' books. But I'm not getting into this topic right now.
Seems most humans are intellectually lazy and will tend to believe any info they deem helpful or makes them feel at ease that's handed to them even if the source is categorically and historically oppositional. The house is not your friend, the book is not your friend. All the book cares about is volume because the more volume the more commission not to mention the average gambler doesn't approach gambling the correct way anyway as far as trying to find "true odds", removing vigorish, etc. it makes therefore "betting splits" are available. Such "info" no doubt has driven the number of bets upward. I remember when the betting splits appeared, this isn't something that's been around forever, probably no more than 12-15 years maybe someone can remember better than me. If that's correct then why not before.
0
Seems most humans are intellectually lazy and will tend to believe any info they deem helpful or makes them feel at ease that's handed to them even if the source is categorically and historically oppositional. The house is not your friend, the book is not your friend. All the book cares about is volume because the more volume the more commission not to mention the average gambler doesn't approach gambling the correct way anyway as far as trying to find "true odds", removing vigorish, etc. it makes therefore "betting splits" are available. Such "info" no doubt has driven the number of bets upward. I remember when the betting splits appeared, this isn't something that's been around forever, probably no more than 12-15 years maybe someone can remember better than me. If that's correct then why not before.
On another note, let's say the betting percentage splits are accurate then there are other things to consider. Like those betting according to this information skewing the results. At the end of the day all becomes null and void if the product(the sport itself) is manipulated(refs, players, etc.) I swear quite a few college basketball results have severely changed in a short matter of time. The number of nobody schools defeating schools much higher ranked than them is growing yearly. These type things used to almost never happen.
0
On another note, let's say the betting percentage splits are accurate then there are other things to consider. Like those betting according to this information skewing the results. At the end of the day all becomes null and void if the product(the sport itself) is manipulated(refs, players, etc.) I swear quite a few college basketball results have severely changed in a short matter of time. The number of nobody schools defeating schools much higher ranked than them is growing yearly. These type things used to almost never happen.
That might be the case but there are sites that make money off of this info. If they were providing false info, they wouldn't be in business for decades and decades.
Having said that, public side doesn't always lose. But they do lose more than they win, especially public dogs.
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@Im_Chasing
That might be the case but there are sites that make money off of this info. If they were providing false info, they wouldn't be in business for decades and decades.
Having said that, public side doesn't always lose. But they do lose more than they win, especially public dogs.
@rosswin97 College sports have been ruined by NIL. Also, there are no longer mid-majors in college basketball. Just look at who got the best player this year.
who byu? I don’t consider them a mid major but maybe they are
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Quote Originally Posted by Stryc9Nine:
@rosswin97 College sports have been ruined by NIL. Also, there are no longer mid-majors in college basketball. Just look at who got the best player this year.
who byu? I don’t consider them a mid major but maybe they are
@Im_Chasing That might be the case but there are sites that make money off of this info. If they were providing false info, they wouldn't be in business for decades and decades. Having said that, public side doesn't always lose. But they do lose more than they win, especially public dogs.
You are incorrect about being in business still. Sports insights was the first website to offer this info. In 1999 they started. I even bought their platinum plan, cause i thought this was the golden goose that was gonna take me to the promised land. Well their shit numbers averaged 45 -50 percent every year. All fake fucking numbers and guess what they are still in business today. Keep believing these numbers are real, thats what they want
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Quote Originally Posted by Stryc9Nine:
@Im_Chasing That might be the case but there are sites that make money off of this info. If they were providing false info, they wouldn't be in business for decades and decades. Having said that, public side doesn't always lose. But they do lose more than they win, especially public dogs.
You are incorrect about being in business still. Sports insights was the first website to offer this info. In 1999 they started. I even bought their platinum plan, cause i thought this was the golden goose that was gonna take me to the promised land. Well their shit numbers averaged 45 -50 percent every year. All fake fucking numbers and guess what they are still in business today. Keep believing these numbers are real, thats what they want
@jpot34 Not taking sides here, but FWIW, @cd329 is accurate in most of his statements. There is absolutely no state or federal level stature that requires professional (legal) bookmakers to provide accurate live reporting of monetary allocation, sharp/public splits, etc. Those factors are called proprietary business data points. Books are not in the business of giving customers an edge. They are in the business of taking your money. So why do some books show bet splits? Marketing / Engagement Showing public betting % keeps bettors engaged and betting more. It gives recreational bettors a false sense of insight. And gets people like us 3 (public) talking about it. Also, It helps the book shape action. Books want balanced action when it benefits them, and showing splits can influence bettors to pile onto or away from a side. Example: If they want more money on Team A, they can show a stat like 80% of bets on Team B. This pushes some bettors toward Team A, creating balance. It’s a psychological tool, not a transparency tool. @cd329 The real, most common misconception in all of us rec (public) gamblers is what a Sharp is. A Sharp isnt someone who is good at gambling and bets big. Look at Pinny (if not US based) and Circa as examples. Those are 'Sharp' books. But I'm not getting into this topic right now. Good day fellas
Excellent writeup Chasin.
Its so nice to see when a fellow gambler actually gets it.
There is no magical system to gambling, only magical system is the vig the sports books get from all of us gamblers. Its like compound interest in reverse.
0
Quote Originally Posted by Im_Chasing:
@jpot34 Not taking sides here, but FWIW, @cd329 is accurate in most of his statements. There is absolutely no state or federal level stature that requires professional (legal) bookmakers to provide accurate live reporting of monetary allocation, sharp/public splits, etc. Those factors are called proprietary business data points. Books are not in the business of giving customers an edge. They are in the business of taking your money. So why do some books show bet splits? Marketing / Engagement Showing public betting % keeps bettors engaged and betting more. It gives recreational bettors a false sense of insight. And gets people like us 3 (public) talking about it. Also, It helps the book shape action. Books want balanced action when it benefits them, and showing splits can influence bettors to pile onto or away from a side. Example: If they want more money on Team A, they can show a stat like 80% of bets on Team B. This pushes some bettors toward Team A, creating balance. It’s a psychological tool, not a transparency tool. @cd329 The real, most common misconception in all of us rec (public) gamblers is what a Sharp is. A Sharp isnt someone who is good at gambling and bets big. Look at Pinny (if not US based) and Circa as examples. Those are 'Sharp' books. But I'm not getting into this topic right now. Good day fellas
Excellent writeup Chasin.
Its so nice to see when a fellow gambler actually gets it.
There is no magical system to gambling, only magical system is the vig the sports books get from all of us gamblers. Its like compound interest in reverse.
"There is no magical system to gambling, only magical system is the vig the sports books get from all of us gamblers. Its like compound interest in reverse." This probably the truest statement I've seen on here in a while.
The first thing you need to understand is that you are a sucker to lay 10% vig. As a sports bettor you have to understand this. Laying 10% guarantees that most bettors will be losers over the long term as the negative compound interest takes effect. And the more games bet, the more the reverse compound interest builds to eat at your bankroll.
If you are laying 20% on a bet, whether a teaser or a prop, this is certain death. You may win that particular bet, but you will never win in the long haul. The reverse compound interest will eat you up. The math of compound interest is simple.
This is why I quit sports betting for any big money. Most bettors could probably get paid 10% for their wins and still not make money. The variance in sports betting is that large.
2-3% juice would give most bettors a chance to make money. Sadly, most would fail to do so even at that low number.
Bettors should go on strike for lower vig. It will never happen though.
0
@cd329
"There is no magical system to gambling, only magical system is the vig the sports books get from all of us gamblers. Its like compound interest in reverse." This probably the truest statement I've seen on here in a while.
The first thing you need to understand is that you are a sucker to lay 10% vig. As a sports bettor you have to understand this. Laying 10% guarantees that most bettors will be losers over the long term as the negative compound interest takes effect. And the more games bet, the more the reverse compound interest builds to eat at your bankroll.
If you are laying 20% on a bet, whether a teaser or a prop, this is certain death. You may win that particular bet, but you will never win in the long haul. The reverse compound interest will eat you up. The math of compound interest is simple.
This is why I quit sports betting for any big money. Most bettors could probably get paid 10% for their wins and still not make money. The variance in sports betting is that large.
2-3% juice would give most bettors a chance to make money. Sadly, most would fail to do so even at that low number.
Bettors should go on strike for lower vig. It will never happen though.
"There is no magical system to gambling, only magical system is the vig the sports books get from all of us gamblers. Its like compound interest in reverse." This probably the truest statement I've seen on here in a while.
The first thing you need to understand is that you are a sucker to lay 10% vig. As a sports bettor you have to understand this.
Laying 10% guarantees that most bettors will be losers over the long term as the negative compound interest takes effect. And the more games bet, the more the reverse compound interest builds to eat at your bankroll.
If you are laying 20% on a bet, whether a teaser or a prop, this is certain death. You may win that particular bet, but you will never win in the long haul. The reverse compound interest will eat you up. The math of compound interest is simple.
This is why I quit sports betting for any big money. Most bettors could probably get paid 10% for their wins and still not make money. The variance in sports betting is that large.
2-3% juice would give most bettors a chance to make money. Sadly, most would fail to do so even at that low number.
Bettors should go on strike for lower vig. It will never happen though.
I agree with everything that you said except the vig of 10% has been around for quite some time and is understandable as you do have to pay for the convenience of being able to place a wager and this fee of 10% appears to be justifyable
But it should be a flat 10% across the board no matter what team or side that you're on including under/overs
A lot of these outlets, including bet Rivers, which I frequent a lot are spread all over the place from a minus 109 to a minus 116 or 118 depending on what team you play and the spread you take or lay now this is what I don't like and I see as being very deceptive. And manipulative.as well as greedy and just NFG
When I win Money it's my money and NOT house money
0
@RebelTell2
"There is no magical system to gambling, only magical system is the vig the sports books get from all of us gamblers. Its like compound interest in reverse." This probably the truest statement I've seen on here in a while.
The first thing you need to understand is that you are a sucker to lay 10% vig. As a sports bettor you have to understand this.
Laying 10% guarantees that most bettors will be losers over the long term as the negative compound interest takes effect. And the more games bet, the more the reverse compound interest builds to eat at your bankroll.
If you are laying 20% on a bet, whether a teaser or a prop, this is certain death. You may win that particular bet, but you will never win in the long haul. The reverse compound interest will eat you up. The math of compound interest is simple.
This is why I quit sports betting for any big money. Most bettors could probably get paid 10% for their wins and still not make money. The variance in sports betting is that large.
2-3% juice would give most bettors a chance to make money. Sadly, most would fail to do so even at that low number.
Bettors should go on strike for lower vig. It will never happen though.
I agree with everything that you said except the vig of 10% has been around for quite some time and is understandable as you do have to pay for the convenience of being able to place a wager and this fee of 10% appears to be justifyable
But it should be a flat 10% across the board no matter what team or side that you're on including under/overs
A lot of these outlets, including bet Rivers, which I frequent a lot are spread all over the place from a minus 109 to a minus 116 or 118 depending on what team you play and the spread you take or lay now this is what I don't like and I see as being very deceptive. And manipulative.as well as greedy and just NFG
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