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Author: [NHL Betting] Topic: Your book doesn't have a -1 line....Never fear, Lippsman is here
Lippsman
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#1
Posted: 1/31/2013 8:50:46 PM
Not a problem at all, I can give you a formula to make your own -1 line. 

100x/(x+1)     where x = ml
 
if you plan on betting $100 on a game with -1.30 ml and +1.60 pl
 
 100(1.30)/(1.3 + 1)
=130/2.3
=$56 on the ml........therefore $44 on pl
 
works out to approx. +1.15 for the -1 spread

Or you can PM me your e-mail address and I will send you an excel spreadsheet that will calculate it for you.


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#2
Posted: 1/31/2013 9:03:45 PM
Thanks...I'll keep this in my back pocket this season
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#3
Posted: 1/31/2013 9:52:45 PM
Wow.  Never thought about it that way.  Thanks Lipps  
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#4
Posted: 1/31/2013 9:58:18 PM
Professor Lipps


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#5
Posted: 1/31/2013 9:58:52 PM
oh I used the -1 calculate website in baseball ... its work out well
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#6
Posted: 1/31/2013 10:02:50 PM
 the man the myth the legend 
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#7
Posted: 1/31/2013 10:17:48 PM
Lipps you are easily one of the top 5 if not higher contributors to the NHL thread. 
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#8
Posted: 1/31/2013 10:18:21 PM
Scratch that Top 3 if not higher. 
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#9
Posted: 1/31/2013 10:22:53 PM
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#10
Posted: 1/31/2013 10:41:10 PM
Good job lips as usual. 
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Lippsman
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#11
Posted: 1/31/2013 11:47:42 PM
Glad you like it everyone, don't forget to PM me your e-mail addys so I can send you the spreadsheet.  Makes it much more easy.

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#12
Posted: 2/1/2013 11:33:21 AM
Is that the spreadsheet I sent you last year lipps? Mine doesn't work for some reason.
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#13
Posted: 2/1/2013 12:08:08 PM
why would I ever bet -1/+1 in the NHL?


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#14
Posted: 2/1/2013 12:15:16 PM
QUOTE Originally Posted by Niners13:

why would I ever bet -1/+1 in the NHL?




I don't get it either and have never heard a good explanation.


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Lippsman
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#15
Posted: 2/1/2013 6:35:52 PM
You wouldn't bet +1, you would wager -1.  

Reason being that if the game goes into OT you don't lose on a regulation line or PL and you get the juice way down.  This is for use on higher juiced faves. Tons of 1 goals gamed are played. 

That's why you would play it. 
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Lippsman
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#16
Posted: 2/1/2013 6:36:48 PM
QUOTE Originally Posted by MrZamboni:

Is that the spreadsheet I sent you last year lipps? Mine doesn't work for some reason.

This is the one I have been sending out for years.  Not sure which one you sent me.  Did you want me to e-mail it to you ?
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#17
Posted: 2/1/2013 7:02:55 PM
QUOTE Originally Posted by Lippsman:

You wouldn't bet +1, you would wager -1.  

Reason being that if the game goes into OT you don't lose on a regulation line or PL and you get the juice way down.  This is for use on higher juiced faves. Tons of 1 goals gamed are played. 

That's why you would play it. 


But if someone has bet a high priced fav and the game went to OT they've made a bad bet. I admittedly don't have the numbers but it seems to me OT and SO are close to coinflips. They aren't even part of the game. In OT you are playing with 20% fewer players and a SO is a pure crapshoot. Longterm if you've got 100 favs that go to OT your going to lose money, thus you've made a bad bet.

All the -1 does it "appear" to cover for making a bad bet if it goes to OT. It may reduce some juice and turn losses into pushes but it also turns all 1 goal regulation wins (and possible -1.5 wins) from wins into pushes or losses. The regulation bet is IMO a far, far, better bet.
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Lippsman
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#18
Posted: 2/1/2013 7:15:09 PM
QUOTE Originally Posted by andarmac99:



But if someone has bet a high priced fav and the game went to OT they've made a bad bet. I admittedly don't have the numbers but it seems to me OT and SO are close to coinflips. They aren't even part of the game. In OT you are playing with 20% fewer players and a SO is a pure crapshoot. Longterm if you've got 100 favs that go to OT your going to lose money, thus you've made a bad bet.

All the -1 does it "appear" to cover for making a bad bet if it goes to OT. It may reduce some juice and turn losses into pushes but it also turns all 1 goal regulation wins (and possible -1.5 wins) from wins into pushes or losses. The regulation bet is IMO a far, far, better bet.

There are way too many OT games for my liking for regulation plays.  Also the games that go into OT the better team most of the time will have an advantage considering they were the so called better team. Better horses on the ice. 

Sometimes I will adjust this to a regulation if the goaltender I wager on is really bad in the SO's.  Hasek was a prime example of this.  I would always play the Wings or who the hell he played for in regulation, because he was just horrible in the SO.
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#19
Posted: 2/1/2013 7:22:22 PM
So, if i can't get regulation bets and you say lipps theory is a bad play what do i do? Lay the juice? Or get a new book lol... Seriously tho?
Posted using a mobile device.
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#20
Posted: 2/1/2013 8:54:03 PM
QUOTE Originally Posted by Lippsman:


There are way too many OT games for my liking for regulation plays.  Also the games that go into OT the better team most of the time will have an advantage considering they were the so called better team. Better horses on the ice. 

Sometimes I will adjust this to a regulation if the goaltender I wager on is really bad in the SO's.  Hasek was a prime example of this.  I would always play the Wings or who the hell he played for in regulation, because he was just horrible in the SO.


In theory that sounds logical but the numbers don't play out that way. Here is a very rough example:

Last season all 14 non-playoff teams (theoretically bad teams) went a combined 134-148 in OT and SO games. Still a 48% winning percentage. If you had bet against all those teams in those games (assuming they were dogs) with the -1 line it would have saved you only 14 times over the whole season.

But the problem is those same 14 teams lost in regulation by exactly 1 goal a whopping 123 times.
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Lippsman
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#21
Posted: 2/1/2013 9:11:08 PM
QUOTE Originally Posted by andarmac99:



In theory that sounds logical but the numbers don't play out that way. Here is a very rough example:

Last season all 14 non-playoff teams (theoretically bad teams) went a combined 134-148 in OT and SO games. Still a 48% winning percentage. If you had bet against all those teams in those games (assuming they were dogs) with the -1 line it would have saved you only 14 times over the whole season.

But the problem is those same 14 teams lost in regulation by exactly 1 goal a whopping 123 times.

But that's the exact point I am making with the -1 line.  If you played the regulation line it would not make any difference in the outcome of OT at all. 

Because if you played the regulation line you would of already lost. 
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#22
Posted: 2/1/2013 9:50:57 PM
Another breakdown of making a -1 line. This was used for creating -1 runlines but can be applied to hockey as well

This formula was posted in the past for getting a -1 Run Line:
 
Say the Money line is -190
 
Take 100/190 = 0.53
take the 0.53 and add 1  = 1.53
then take the 1.53 and divide it again..   100/1.53 = 65.39
now 65.39 is what you are going to risk on the ML... what ever the payout of that, you take that and risk it on the RL
and thats how you get the -1 RL

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