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# Any math people here help me out?

 Author: [Systems & Strategies] Topic: Any math people here help me out? daytradernation PM daytradernationJoined: Sep 2006Posts: 2338 Banned #1Posted: 11/12/2013 6:15:12 PMI hope I can write what I mean and you can comprehend what i'm saying!A buddy of mine is a losing bettor like most of us.He picks around 49-51%, plays about 5000 bets a year on average between all sports.Now, is there any way I can fade his losers and make money or no because the juice will eat me alive?If he goes 2500-2500, he loses juice and a lot of it. If I were going against his picks, I would have also lost juice.So, it is a no win situation correct?He plays the same amount each game, 100 dollars a bet.Anyways, I just wanted to be sure..... daytradernation PM daytradernationJoined: Sep 2006Posts: 2338 Banned #2Posted: 11/12/2013 7:01:53 PMif this guy goes 800-1000. I fade him, so I now go 1000-800.Doing a 100 dollars per pick. I win 100,000. And lose 88,000. for a profit of 12,000?He loses 110,000 and wins 80,000, for a net loss of 30,000. Fuckkkin juice eats the profits right up!I cant think of a way to profit off of this unless I could get 0 juice which is impossible...... Danrules24 PM Danrules24Joined: May 2012Posts: 5570 Captain #3Posted: 11/12/2013 7:35:43 PMNot trying to be a wise guy but I think you need to find something that does better than 50%. With that low juice you could always run a labby line (or multiple lines), but be aware of those 10 game losing streaks. Bart_ PM Bart_Joined: Mar 2008Posts: 3549 Veteran #4Posted: 11/12/2013 7:38:54 PMQUOTE Originally Posted by daytradernation: if this guy goes 800-1000. I fade him, so I now go 1000-800.Doing a 100 dollars per pick. I win 100,000. And lose 88,000. for a profit of 12,000?He loses 110,000 and wins 80,000, for a net loss of 30,000. Fuckkkin juice eats the profits right up!I cant think of a way to profit off of this unless I could get 0 juice which is impossible...... just bet against him, be his bookie. daytradernation PM daytradernationJoined: Sep 2006Posts: 2338 Banned #5Posted: 11/12/2013 7:46:16 PMQUOTE Originally Posted by Bart_: just bet against him, be his bookie. How? In my example above. He loses 1000 games, at 100 per game and the 10% vig, he loses 110000. He wins 80000, for a net loss of 30000. If I bet against him, I only win 12000! Not the 30000, because I cant win his "juice", im not a bookie.Example: last night, you bet dolphins for 100, you lose 110. I bet Tampa for 100, I only win 100. I dont get any "juice".Now, flip the script. Sunday, hey bet NO for 100, I bet dallas, I lose -110, he wins the 100. Only the bookies can win the juice.See what I mean now? You would need someone to win at a 30% rate which is close to impossible. Danrules24 PM Danrules24Joined: May 2012Posts: 5570 Captain #6Posted: 11/12/2013 7:57:37 PMI think Bart meant to take his action and act as his bookie. You win the \$30k he loses. Bart_ PM Bart_Joined: Mar 2008Posts: 3549 Veteran #7Posted: 11/12/2013 9:47:44 PMQUOTE Originally Posted by Danrules24: I think Bart meant to take his action and act as his bookie. You win the \$30k he loses. Yes. Split the vig with him. BuckeyeKaptn PM BuckeyeKaptnJoined: Jan 2013Posts: 1430 Veteran #8Posted: 11/13/2013 7:42:42 AMThat's what I do.  A buddy likes to bet \$10 on NFL per game.  For 15 years he's had a \$100 to bet at the start of the season.  3 times he's done well enough to carry over that same amount to the next season, and only once have I had to pay him for his being up at the end of the year.  Already this year, he's at half what he started. ndsent1 PM ndsent1Joined: Oct 2009Posts: 9330 Captain #9Posted: 12/5/2013 1:00:09 AMThat's what I would do, I would book his bet's... jambo12 PM jambo12Joined: Jan 2013Posts: 352 Prospect #10Posted: 12/5/2013 10:29:41 AMTry backing Keynumber, dude hits 90%
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