Lol at the guys who think those casinos.were built by sportsbook money. Some of.you guys are just epic clueless. But hey, if it justifies a losing bet people will make up anything.
0
Lol at the guys who think those casinos.were built by sportsbook money. Some of.you guys are just epic clueless. But hey, if it justifies a losing bet people will make up anything.
winning is when you don't bet... when it come to betting stats is out the window.. vegas is the big mafia.. all games are fix... some game you can see it right in front of you.. but what are you going to do ? nothing... all vegas take is a call down the coach.. the offensive coordinator.. defensive coordinator.. and say hey.. i give you guy 5 millions to lose this game or win and not cover.. while we collect 25 mil from the other bettors and pay you guy.. too easy... everything is money ... vegas = money in the bank.. they never lose.. or you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no.. so the more you bet.. the more you lose.... winning is when you hit one game of your life and quit.. then u beat vegas.. but who win one game and quit ? no one.. u get either get greedy and want to win more because you think is easy money.. or you'r a gambleholic...
0
winning is when you don't bet... when it come to betting stats is out the window.. vegas is the big mafia.. all games are fix... some game you can see it right in front of you.. but what are you going to do ? nothing... all vegas take is a call down the coach.. the offensive coordinator.. defensive coordinator.. and say hey.. i give you guy 5 millions to lose this game or win and not cover.. while we collect 25 mil from the other bettors and pay you guy.. too easy... everything is money ... vegas = money in the bank.. they never lose.. or you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no.. so the more you bet.. the more you lose.... winning is when you hit one game of your life and quit.. then u beat vegas.. but who win one game and quit ? no one.. u get either get greedy and want to win more because you think is easy money.. or you'r a gambleholic...
Heres the thing zmoneymaker. Mikemed is right pretty much because they just want even action but even when they dont get even action theyre not too terribly concernced and heres why.
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
This is the main principle of how sportbook or any other book works. However, they don't work on a single game, the stats 50/50 is calculated from a large number of game (large ensemble).
In the end of the days, those % numbers will eventually go to 50.
Away Teams
51-59-6
46.36%
Home Teams
59-51-6
53.64%
Favorites
57-53-6
51.82%
Dogs
53-57-6
48.18%
Away Favorites
19-21-2
47.50%
Away Dogs
32-38-4
45.71%
Home Favorites
38-32-4
54.29%
Home Dogs
21-19-2
52.50%
Over vs. Under Trends
0
Quote Originally Posted by CalifDreamin:
Heres the thing zmoneymaker. Mikemed is right pretty much because they just want even action but even when they dont get even action theyre not too terribly concernced and heres why.
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
This is the main principle of how sportbook or any other book works. However, they don't work on a single game, the stats 50/50 is calculated from a large number of game (large ensemble).
In the end of the days, those % numbers will eventually go to 50.
winning is when you don't bet... when it come to betting stats is out the window.. vegas is the big mafia.. all games are fix... some game you can see it right in front of you.. but what are you going to do ? nothing... all vegas take is a call down the coach.. the offensive coordinator.. defensive coordinator.. and say hey.. i give you guy 5 millions to lose this game or win and not cover.. while we collect 25 mil from the other bettors and pay you guy.. too easy... everything is money ... vegas = money in the bank.. they never lose.. or you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no.. so the more you bet.. the more you lose.... winning is when you hit one game of your life and quit.. then u beat vegas.. but who win one game and quit ? no one.. u get either get greedy and want to win more because you think is easy money.. or you'r a gambleholic...
0
Quote Originally Posted by NgonCao:
winning is when you don't bet... when it come to betting stats is out the window.. vegas is the big mafia.. all games are fix... some game you can see it right in front of you.. but what are you going to do ? nothing... all vegas take is a call down the coach.. the offensive coordinator.. defensive coordinator.. and say hey.. i give you guy 5 millions to lose this game or win and not cover.. while we collect 25 mil from the other bettors and pay you guy.. too easy... everything is money ... vegas = money in the bank.. they never lose.. or you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no.. so the more you bet.. the more you lose.... winning is when you hit one game of your life and quit.. then u beat vegas.. but who win one game and quit ? no one.. u get either get greedy and want to win more because you think is easy money.. or you'r a gambleholic...
winning is when you don't bet... when it come to betting stats is out the window.. vegas is the big mafia.. all games are fix... some game you can see it right in front of you.. but what are you going to do ? nothing... all vegas take is a call down the coach.. the offensive coordinator.. defensive coordinator.. and say hey.. i give you guy 5 millions to lose this game or win and not cover.. while we collect 25 mil from the other bettors and pay you guy.. too easy... everything is money ... vegas = money in the bank.. they never lose.. or you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no.. so the more you bet.. the more you lose.... winning is when you hit one game of your life and quit.. then u beat vegas.. but who win one game and quit ? no one.. u get either get greedy and want to win more because you think is easy money.. or you'r a gambleholic...
LOL. Phone the offensive coordinator. Dude, this isn`t China or the Nam. I know that`s the way it works there, but wake up.
0
Quote Originally Posted by NgonCao:
winning is when you don't bet... when it come to betting stats is out the window.. vegas is the big mafia.. all games are fix... some game you can see it right in front of you.. but what are you going to do ? nothing... all vegas take is a call down the coach.. the offensive coordinator.. defensive coordinator.. and say hey.. i give you guy 5 millions to lose this game or win and not cover.. while we collect 25 mil from the other bettors and pay you guy.. too easy... everything is money ... vegas = money in the bank.. they never lose.. or you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no.. so the more you bet.. the more you lose.... winning is when you hit one game of your life and quit.. then u beat vegas.. but who win one game and quit ? no one.. u get either get greedy and want to win more because you think is easy money.. or you'r a gambleholic...
LOL. Phone the offensive coordinator. Dude, this isn`t China or the Nam. I know that`s the way it works there, but wake up.
r you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no..
dude, if you want 50/50 chance, close your eyes, dont fade any news AND pick the same way every single game, say pick home team no matter what the line is. 1000 games without skip a single game, you ll get 50/50. once you fade or lean on something, you dont make a blind pick any more,so no way you get close to 50/50
0
Quote Originally Posted by NgonCao:
r you can say you toss a quarter up .. 10 times.. how many time head come out ?? it should be 50/50 right ? no.. is not.. so if you bet 20 games.. and u pick head .. it should be 10/20 right?? no..
dude, if you want 50/50 chance, close your eyes, dont fade any news AND pick the same way every single game, say pick home team no matter what the line is. 1000 games without skip a single game, you ll get 50/50. once you fade or lean on something, you dont make a blind pick any more,so no way you get close to 50/50
The juice is the correct answer, but also all the future bets that we lose most of the time. "Look those 30-1 odds look good. Let me throw $50 down on that."
0
The juice is the correct answer, but also all the future bets that we lose most of the time. "Look those 30-1 odds look good. Let me throw $50 down on that."
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.