Spieth to win (40-1 for $17)
Accventures Phoenix Pick Thread
@accventures
To know if you are profitable, it is a simple formula. The average odds per golfer, and the number of golfers bet. If your average odds > number of golfers, it is a winning strategy. But if your average odds < number of golfers bet, it is a losing strategy. Of course this doesn't take into account skill / win probably, but if you assume your picks even-out on the ratio of odds/true odds, this is negligible.
When you were going with 80-1, 100-1, 120-1 odds, it makes sense because you are betting less golfers.
But a 2-1 odds pick, when you are betting 30 golfers, is bad odds.
@accventures
To know if you are profitable, it is a simple formula. The average odds per golfer, and the number of golfers bet. If your average odds > number of golfers, it is a winning strategy. But if your average odds < number of golfers bet, it is a losing strategy. Of course this doesn't take into account skill / win probably, but if you assume your picks even-out on the ratio of odds/true odds, this is negligible.
When you were going with 80-1, 100-1, 120-1 odds, it makes sense because you are betting less golfers.
But a 2-1 odds pick, when you are betting 30 golfers, is bad odds.
Going to be a big payday either way, How much bigger though. I don't regret hedging because Scotty has us dead to right for much of the day and I just couldn't take the chance of not cashing at least some.
Going to be a big payday either way, How much bigger though. I don't regret hedging because Scotty has us dead to right for much of the day and I just couldn't take the chance of not cashing at least some.
Dude you’re legit at! Been following golf for a bit, like your betting style. I’m used to putting in 5-6 picks, but like the “insurance” picks throughout the tournament.
Dude you’re legit at! Been following golf for a bit, like your betting style. I’m used to putting in 5-6 picks, but like the “insurance” picks throughout the tournament.
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