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    All Forums | NFL Betting Forum

    Why is sports betting so hard???

    12 Next Last»
    EPresley
    tjohnsont
    Wizerguy
    20842
    ShadowWarrior
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    EPresley
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    Posted: Jan. 17, 2014 - 11:52 AM ET #1

    We all know sports like the back of our hand but yet we are all losing gamblers. I don't get it at all. It seems the more you know about sports the less you really know.
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    To remove first post, remove entire topic.
    We all know sports like the back of our hand but yet we are all losing gamblers. I don't get it at all. It seems the more you know about sports the less you really know.
     
    tjohnsont
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    Posted: Jan. 17, 2014 - 11:58 AM ET #2

    Too many variables.  No set standard of handicapping meaning many people might be analyzing it wrong.  etc etc etc....
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    Too many variables.  No set standard of handicapping meaning many people might be analyzing it wrong.  etc etc etc....
     
    Wizerguy
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    Posted: Jan. 17, 2014 - 12:08 PM ET #3

    Speak for yourself
    - The storms will come, the storms will pass -
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    Speak for yourself
     
    20842
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    Posted: Jan. 17, 2014 - 12:22 PM ET #4

    You are competing against those who are as knowledgeable as you. Few win at the track because everyone has access to the Daily Racing Form.

    You should ask yourself what edges and advantages you have over the betting public. If you are not using tools and thinking about the games differently than the crowd, then expect to perform as well as them.

    ESPN, statistics, box scores, and message boards are the starting point of handicapping, not the end point.
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    You are competing against those who are as knowledgeable as you. Few win at the track because everyone has access to the Daily Racing Form.

    You should ask yourself what edges and advantages you have over the betting public. If you are not using tools and thinking about the games differently than the crowd, then expect to perform as well as them.

    ESPN, statistics, box scores, and message boards are the starting point of handicapping, not the end point.
     
    tjohnsont
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    Posted: Jan. 17, 2014 - 12:27 PM ET #5

    Quote Originally Posted by 20842:

    You are competing against those who are as knowledgeable as you. Few win at the track because everyone has access to the Daily Racing Form.

    You should ask yourself what edges and advantages you have over the betting public. If you are not using tools and thinking about the games differently than the crowd, then expect to perform as well as them.

    ESPN, statistics, box scores, and message boards are the starting point of handicapping, not the end point.

    Competing?   Never knew one sports bettor was competing against another.  
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    Quote Originally Posted by 20842:

    You are competing against those who are as knowledgeable as you. Few win at the track because everyone has access to the Daily Racing Form.

    You should ask yourself what edges and advantages you have over the betting public. If you are not using tools and thinking about the games differently than the crowd, then expect to perform as well as them.

    ESPN, statistics, box scores, and message boards are the starting point of handicapping, not the end point.

    Competing?   Never knew one sports bettor was competing against another.  
     
    ShadowWarrior
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    Posted: Jan. 17, 2014 - 12:43 PM ET #6

    So many sports to wager.  Team sports like MLB, NBA, NFL, CBB, CFB, etc. Then u have individual sports like MMA, tennis, boxing, golf, etc.  Each has its own criteria and variables .  We are bombarded by media and all this info, sometimes it is too much and we get lost.  Everyone has an opinion or side.  Hard to make up ones mind as we sway from one good point to another.  Going with my feeling.  Seattle and Denver.  Two home teams, going against two very hot teams.  Destiny has 49ers to go to 49th SB and Tom to out duel Peyton again.  However I want SF to die in the Emerald City and the gunfight at Mile High to be won by Peyton.  Maybe one right, one wrong?  Should be great SB no matter.
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    So many sports to wager.  Team sports like MLB, NBA, NFL, CBB, CFB, etc. Then u have individual sports like MMA, tennis, boxing, golf, etc.  Each has its own criteria and variables .  We are bombarded by media and all this info, sometimes it is too much and we get lost.  Everyone has an opinion or side.  Hard to make up ones mind as we sway from one good point to another.  Going with my feeling.  Seattle and Denver.  Two home teams, going against two very hot teams.  Destiny has 49ers to go to 49th SB and Tom to out duel Peyton again.  However I want SF to die in the Emerald City and the gunfight at Mile High to be won by Peyton.  Maybe one right, one wrong?  Should be great SB no matter.
     
    dimndimn
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    Posted: Jan. 17, 2014 - 12:49 PM ET #7

    Quote Originally Posted by EPresley:

    We all know sports like the back of our hand but yet we are all losing gamblers. I don't get it at all. It seems the more you know about sports the less you really know.

    Therein lies problem number one.  Do you really know sports that well, or do you think you know sports that well?  It's always hard to admit to yourself that you're wrong.   
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    Quote Originally Posted by EPresley:

    We all know sports like the back of our hand but yet we are all losing gamblers. I don't get it at all. It seems the more you know about sports the less you really know.

    Therein lies problem number one.  Do you really know sports that well, or do you think you know sports that well?  It's always hard to admit to yourself that you're wrong.   
     
    vanzack
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    Posted: Jan. 17, 2014 - 12:56 PM ET #8

    Because you are betting in to somewhat efficient markets WHILE PAYING A PERCENTAGE TO DO SO.

    So any edge the average guy gets in handicapping he loses more in vig.

    What to do about this?

    Most people cant get much better at handicapping without great effort, studying, and time - which most gamblers want no part of.  So the best thing for the average guy to do is get the best line at the best price as much as possible.

    Simple.

    Support your local animal shelter. I am on twitter.
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    Because you are betting in to somewhat efficient markets WHILE PAYING A PERCENTAGE TO DO SO.

    So any edge the average guy gets in handicapping he loses more in vig.

    What to do about this?

    Most people cant get much better at handicapping without great effort, studying, and time - which most gamblers want no part of.  So the best thing for the average guy to do is get the best line at the best price as much as possible.

    Simple.

     
    WookieRookie
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    Posted: Jan. 17, 2014 - 1:07 PM ET #9

    I was up by a lot before last NFL Weekend.

    Took Carolina, think it was the right call, and the refs give the first half to Niners. Don't care who you are a fan of or who you bet on, if you couldn't see that the refs seemed to want what most of America wants, a SEA\Niners rematch than you are crazy. Panthers came out flat in second half, possibly because of refs in first half.  Sorry if I offend Niners fans who get an erection seeing niner punk QB kiss his arms when he scores.  

    Then I took Denver, oh and I went large. And it was the right call,and what a phucking fiasco. Too much absurdity to mention, Manning throws late 2nd half Touchdown pass that hits receiver in the chest and it bounces into the hands of a defender. WTF !!!  Denver should of won by over 20. Good Capping gone bad. At least I get to laugh at the idiots who say Peyton Manning sucks in playoffs.

    Than last night I took the Rockets. Looked real good in the first half. But than Houston Rockets play the worst second half of basketball of any NBA team I've ever seen in my life.

    I'm still up over a thousand dollars, but it would be several thousand if not for a garbage like that.  

    Only really bad capping job I've done this week was taking the Under with Brooklyn vs Atlanta Basketball in London.

    The rest of it was good capping gone very very bad.

    Perhaps I should quit gambling all together.

    But man I got a really good feeling Both Broncos and Seattle cover easily this weekend.

    What to do...What to do??
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    I was up by a lot before last NFL Weekend.

    Took Carolina, think it was the right call, and the refs give the first half to Niners. Don't care who you are a fan of or who you bet on, if you couldn't see that the refs seemed to want what most of America wants, a SEA\Niners rematch than you are crazy. Panthers came out flat in second half, possibly because of refs in first half.  Sorry if I offend Niners fans who get an erection seeing niner punk QB kiss his arms when he scores.  

    Then I took Denver, oh and I went large. And it was the right call,and what a phucking fiasco. Too much absurdity to mention, Manning throws late 2nd half Touchdown pass that hits receiver in the chest and it bounces into the hands of a defender. WTF !!!  Denver should of won by over 20. Good Capping gone bad. At least I get to laugh at the idiots who say Peyton Manning sucks in playoffs.

    Than last night I took the Rockets. Looked real good in the first half. But than Houston Rockets play the worst second half of basketball of any NBA team I've ever seen in my life.

    I'm still up over a thousand dollars, but it would be several thousand if not for a garbage like that.  

    Only really bad capping job I've done this week was taking the Under with Brooklyn vs Atlanta Basketball in London.

    The rest of it was good capping gone very very bad.

    Perhaps I should quit gambling all together.

    But man I got a really good feeling Both Broncos and Seattle cover easily this weekend.

    What to do...What to do??
     
    clubtnt
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    Posted: Jan. 17, 2014 - 1:28 PM ET #10

    Quote Originally Posted by WookieRookie:

    I was up by a lot before last NFL Weekend.

    Took Carolina, think it was the right call, and the refs give the first half to Niners. Don't care who you are a fan of or who you bet on, if you couldn't see that the refs seemed to want what most of America wants, a SEA\Niners rematch than you are crazy. Panthers came out flat in second half, possibly because of refs in first half.  Sorry if I offend Niners fans who get an erection seeing niner punk QB kiss his arms when he scores.  

    Then I took Denver, oh and I went large. And it was the right call,and what a phucking fiasco. Too much absurdity to mention, Manning throws late 2nd half Touchdown pass that hits receiver in the chest and it bounces into the hands of a defender. WTF !!!  Denver should of won by over 20. Good Capping gone bad. At least I get to laugh at the idiots who say Peyton Manning sucks in playoffs.

    Than last night I took the Rockets. Looked real good in the first half. But than Houston Rockets play the worst second half of basketball of any NBA team I've ever seen in my life.

    I'm still up over a thousand dollars, but it would be several thousand if not for a garbage like that.  

    Only really bad capping job I've done this week was taking the Under with Brooklyn vs Atlanta Basketball in London.

    The rest of it was good capping gone very very bad.

    Perhaps I should quit gambling all together.

    But man I got a really good feeling Both Broncos and Seattle cover easily this weekend.

    What to do...What to do??


    cool story bro but no one asked about your losses.
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    Quote Originally Posted by WookieRookie:

    I was up by a lot before last NFL Weekend.

    Took Carolina, think it was the right call, and the refs give the first half to Niners. Don't care who you are a fan of or who you bet on, if you couldn't see that the refs seemed to want what most of America wants, a SEA\Niners rematch than you are crazy. Panthers came out flat in second half, possibly because of refs in first half.  Sorry if I offend Niners fans who get an erection seeing niner punk QB kiss his arms when he scores.  

    Then I took Denver, oh and I went large. And it was the right call,and what a phucking fiasco. Too much absurdity to mention, Manning throws late 2nd half Touchdown pass that hits receiver in the chest and it bounces into the hands of a defender. WTF !!!  Denver should of won by over 20. Good Capping gone bad. At least I get to laugh at the idiots who say Peyton Manning sucks in playoffs.

    Than last night I took the Rockets. Looked real good in the first half. But than Houston Rockets play the worst second half of basketball of any NBA team I've ever seen in my life.

    I'm still up over a thousand dollars, but it would be several thousand if not for a garbage like that.  

    Only really bad capping job I've done this week was taking the Under with Brooklyn vs Atlanta Basketball in London.

    The rest of it was good capping gone very very bad.

    Perhaps I should quit gambling all together.

    But man I got a really good feeling Both Broncos and Seattle cover easily this weekend.

    What to do...What to do??


    cool story bro but no one asked about your losses.
     
    bigvern1013
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    Posted: Jan. 17, 2014 - 1:40 PM ET #11

    If you take it one game at a time and don't get over extended then you can make money betting sports.

    If you have a huge bankroll then play it like a fund manager......if you are trying to build a roll, then you have to be extremely patient and bet premium setups within your means.

    If you are a wild man, forget it.

    Never Make A Winner A Loser. Never.
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    If you take it one game at a time and don't get over extended then you can make money betting sports.

    If you have a huge bankroll then play it like a fund manager......if you are trying to build a roll, then you have to be extremely patient and bet premium setups within your means.

    If you are a wild man, forget it.

     
    MacaroniMan
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    Posted: Jan. 17, 2014 - 1:54 PM ET #12

    Basically I just wait til I get a link from some tout on some thread telling me he's got Inside info and that knowledge will cost me the price of a subscription and unload on it.. It works like a charm, as I type this laying on my bed made of $100 bills in my palatial home overlooking the Pacific Ocean , waiting for my steak and lobster brunch to be delivered by three buxom babes of differing nationalities...life is good
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    Basically I just wait til I get a link from some tout on some thread telling me he's got Inside info and that knowledge will cost me the price of a subscription and unload on it.. It works like a charm, as I type this laying on my bed made of $100 bills in my palatial home overlooking the Pacific Ocean , waiting for my steak and lobster brunch to be delivered by three buxom babes of differing nationalities...life is good
     
    Basstard
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    Posted: Jan. 17, 2014 - 2:04 PM ET #13

    I doesn't matter what you know………it's all about luck and being lucky. Everything else is pure conjecture.
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    I doesn't matter what you know………it's all about luck and being lucky. Everything else is pure conjecture.
     
    SCROG
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    Posted: Jan. 17, 2014 - 2:11 PM ET #14

    SportsBetting has nothing to do with sports knowledge its bettor to be from another industry with spreadsheets to be successful and a killer boiler room doing the grunt work. Pretty simple.
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    SportsBetting has nothing to do with sports knowledge its bettor to be from another industry with spreadsheets to be successful and a killer boiler room doing the grunt work. Pretty simple.
     
    Wrigley05
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    Posted: Jan. 17, 2014 - 4:03 PM ET #15

    that's a good question but its very hard
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    that's a good question but its very hard
     
    dannyboy0903
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    Posted: Jan. 17, 2014 - 4:59 PM ET #16

    this is very simple im gonna break it down for you the best way I can.....first off vegas sets lines and they would ideally like even action...meaning they try to make the game even with the spread..keeping that in mind lets say you can pick winners at a 50 percent rate...im gonna give you an example how the juice will kill you...for every 100 dollar bet you pay 110 on a loss...and win only 100 on a win becuz of juice....so lets say week 1 you go 6-4 and he next week you go 4-6.........that is 50% but look at the payout differences.

    6-4  makes you 600-440 a 140 dollar profit................

    4-6 makes you 400-660 a loss of 260 dollar loss

    so going 50% over 2 weeks you are already losing 120 dollars....

     

    imagine if you cant pick at a 50% rate...the differences are even greater

     

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    this is very simple im gonna break it down for you the best way I can.....first off vegas sets lines and they would ideally like even action...meaning they try to make the game even with the spread..keeping that in mind lets say you can pick winners at a 50 percent rate...im gonna give you an example how the juice will kill you...for every 100 dollar bet you pay 110 on a loss...and win only 100 on a win becuz of juice....so lets say week 1 you go 6-4 and he next week you go 4-6.........that is 50% but look at the payout differences.

    6-4  makes you 600-440 a 140 dollar profit................

    4-6 makes you 400-660 a loss of 260 dollar loss

    so going 50% over 2 weeks you are already losing 120 dollars....

     

    imagine if you cant pick at a 50% rate...the differences are even greater

     

     
    FreeThinker_MD
    FreeThinker_MD
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    Posted: Jan. 17, 2014 - 5:09 PM ET #17

    this year was the first year I got rid of both ESPN and NFL network, and I can honestly say I did better than previous years.


    not listening to all those retards has  paid off! 

    fading people on this forum doesn't hurt either! 

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    this year was the first year I got rid of both ESPN and NFL network, and I can honestly say I did better than previous years.


    not listening to all those retards has  paid off! 

    fading people on this forum doesn't hurt either! 

     
    Jmt908
    Jmt908
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    Posted: Jan. 17, 2014 - 5:16 PM ET #18

    Quote Originally Posted by dimndimn:


    Therein lies problem number one.  Do you really know sports that well, or do you think you know sports that well?  It's always hard to admit to yourself that you're wrong.   

    Exactly.

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    Quote Originally Posted by dimndimn:


    Therein lies problem number one.  Do you really know sports that well, or do you think you know sports that well?  It's always hard to admit to yourself that you're wrong.   

    Exactly.

     
    ticojoe
    ticojoe
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    Posted: Jan. 17, 2014 - 5:57 PM ET #19

    Quote Originally Posted by EPresley:

    We all know sports like the back of our hand but yet we are all losing gamblers. I don't get it at all. It seems the more you know about sports the less you really know.

    Just ask your best friend who he or she likes and bet the opposite. For sure to win you the money..... Thank me later.
    Pura Vida
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    Quote Originally Posted by EPresley:

    We all know sports like the back of our hand but yet we are all losing gamblers. I don't get it at all. It seems the more you know about sports the less you really know.

    Just ask your best friend who he or she likes and bet the opposite. For sure to win you the money..... Thank me later.
     
    bunny651
    bunny651
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    Posts: 6707
    Posted: Jan. 17, 2014 - 8:06 PM ET #20

    1. Vig.-- that's the built in advantage for the books.

    2.Money Management!-- Gamblers often run in streaks but you see most won't increase the size of their bets(sometimes even lower them thinking I can't possible be this lucky) when hot and I don't mean doubling down. When they are down/cold, they sure don't have the same problem.

    3. Human nature:--With the information widely available nowadays, the lines are much shaper. It still can be done but you just have to be much more disciplined and selective. Unfortunately, it works against the nature of most gamblers, they want action and more action.

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    1. Vig.-- that's the built in advantage for the books.

    2.Money Management!-- Gamblers often run in streaks but you see most won't increase the size of their bets(sometimes even lower them thinking I can't possible be this lucky) when hot and I don't mean doubling down. When they are down/cold, they sure don't have the same problem.

    3. Human nature:--With the information widely available nowadays, the lines are much shaper. It still can be done but you just have to be much more disciplined and selective. Unfortunately, it works against the nature of most gamblers, they want action and more action.

     
    theclaw
    theclaw
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    Posted: Jan. 17, 2014 - 8:32 PM ET #21

    If all you do is follow the sport, keep-up with the news, who's hot etc, that's common knowledge known by everyone including the book.

    Common knowledge is factored into the spread, but the book being smarter than you also factors in things you don't know. So when you see a line that looks way off, you think, wow that line is so easy, that's only because the book factored things into the line you have no clue about.

    If all you do is follow the sport and have common knowledge Where have you gained an advantage ?

    To gain an advantage you need to know things few others do, to do this requires one to do your homework.

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    If all you do is follow the sport, keep-up with the news, who's hot etc, that's common knowledge known by everyone including the book.

    Common knowledge is factored into the spread, but the book being smarter than you also factors in things you don't know. So when you see a line that looks way off, you think, wow that line is so easy, that's only because the book factored things into the line you have no clue about.

    If all you do is follow the sport and have common knowledge Where have you gained an advantage ?

    To gain an advantage you need to know things few others do, to do this requires one to do your homework.

     
    TRAIN69
    TRAIN69
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    Posted: Jan. 17, 2014 - 9:15 PM ET #22

    Quote Originally Posted by vanzack:

    Because you are betting in to somewhat efficient markets WHILE PAYING A PERCENTAGE TO DO SO.

    So any edge the average guy gets in handicapping he loses more in vig.

    What to do about this?

    Most people cant get much better at handicapping without great effort, studying, and time - which most gamblers want no part of.  So the best thing for the average guy to do is get the best line at the best price as much as possible.

    Simple.

    What Van is trying to say is you should parlay as much as possible to get rid of the vig.

     

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    Quote Originally Posted by vanzack:

    Because you are betting in to somewhat efficient markets WHILE PAYING A PERCENTAGE TO DO SO.

    So any edge the average guy gets in handicapping he loses more in vig.

    What to do about this?

    Most people cant get much better at handicapping without great effort, studying, and time - which most gamblers want no part of.  So the best thing for the average guy to do is get the best line at the best price as much as possible.

    Simple.

    What Van is trying to say is you should parlay as much as possible to get rid of the vig.

     

     
    Docdulac
    Docdulac
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    Posted: Jan. 17, 2014 - 9:44 PM ET #23

    Quote Originally Posted by MacaroniMan:

    Basically I just wait til I get a link from some tout on some thread telling me he's got Inside info and that knowledge will cost me the price of a subscription and unload on it.. It works like a charm, as I type this laying on my bed made of $100 bills in my palatial home overlooking the Pacific Ocean , waiting for my steak and lobster brunch to be delivered by three buxom babes of differing nationalities...life is good

    ROTFLMAO

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    Quote Originally Posted by MacaroniMan:

    Basically I just wait til I get a link from some tout on some thread telling me he's got Inside info and that knowledge will cost me the price of a subscription and unload on it.. It works like a charm, as I type this laying on my bed made of $100 bills in my palatial home overlooking the Pacific Ocean , waiting for my steak and lobster brunch to be delivered by three buxom babes of differing nationalities...life is good

    ROTFLMAO

     
    Action_Junkee
    Action_Junkee
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    Posted: Jan. 18, 2015 - 12:09 AM ET #24

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    THE_PRESIDENT
    THE_PRESIDENT
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    Posted: Jan. 18, 2015 - 12:24 AM ET #25

    Quote Originally Posted by dannyboy0903:

    this is very simple im gonna break it down for you the best way I can.....first off vegas sets lines and they would ideally like even action...meaning they try to make the game even with the spread..keeping that in mind lets say you can pick winners at a 50 percent rate...im gonna give you an example how the juice will kill you...for every 100 dollar bet you pay 110 on a loss...and win only 100 on a win becuz of juice....so lets say week 1 you go 6-4 and he next week you go 4-6.........that is 50% but look at the payout differences.

    6-4  makes you 600-440 a 140 dollar profit................

    4-6 makes you 400-660 a loss of 260 dollar loss

    so going 50% over 2 weeks you are already losing 120 dollars....

     

    imagine if you cant pick at a 50% rate...the differences are even greater

     

    YOU HIT THE NAIL ON THE HEAD.

    Reply
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    Quote Originally Posted by dannyboy0903:

    this is very simple im gonna break it down for you the best way I can.....first off vegas sets lines and they would ideally like even action...meaning they try to make the game even with the spread..keeping that in mind lets say you can pick winners at a 50 percent rate...im gonna give you an example how the juice will kill you...for every 100 dollar bet you pay 110 on a loss...and win only 100 on a win becuz of juice....so lets say week 1 you go 6-4 and he next week you go 4-6.........that is 50% but look at the payout differences.

    6-4  makes you 600-440 a 140 dollar profit................

    4-6 makes you 400-660 a loss of 260 dollar loss

    so going 50% over 2 weeks you are already losing 120 dollars....

     

    imagine if you cant pick at a 50% rate...the differences are even greater

     

    YOU HIT THE NAIL ON THE HEAD.

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