Have I not been profitable?
** DNI's Sunday NHL Pick ** - By DÑI Mourinho®
I will try to explain this a different way.
Big favorites have big juice. When you parlay 5 big favorites, you are compounding that big juice.
Assuming efficient markets, take the following two lines:
A: -125 +115
B: -125 -125
If you bet both A and B at -125, do they have the same EV?
NO!!!!
Because A has roughly a -120 chance of winning, and B has roughly a EV chance of winning.... If you bet these over the long term - even though they have the same odds - you will be more profitable betting A.
Now...
Lets take this to another level. Lets look at big favorites like a -650 +450 wager. Because the EV is somewhere (for the sake of argument) around +550, you are paying more juice than if it was closer to an even wager.
Now, you compound this high juice and -EV by betting 5 or 6 of them in a parlay - and you are progressively betting worse and worse...
So when you bet a 5 team parlay that you think is -110, the EV value on that parlay is somewhere around 45%. Think about that for a minute. You are laying -110 on a 45% EV.
Have you been profitable you ask over 15 bets? Who cares. Insignificant. You will go broke over the long haul because of what I explain above. It is math. Your sample size is ridiculously small, and math is against you here.
Video that also explains this:
https://www.youtube.com/watch?v=wHfDPriLoKI
I will try to explain this a different way.
Big favorites have big juice. When you parlay 5 big favorites, you are compounding that big juice.
Assuming efficient markets, take the following two lines:
A: -125 +115
B: -125 -125
If you bet both A and B at -125, do they have the same EV?
NO!!!!
Because A has roughly a -120 chance of winning, and B has roughly a EV chance of winning.... If you bet these over the long term - even though they have the same odds - you will be more profitable betting A.
Now...
Lets take this to another level. Lets look at big favorites like a -650 +450 wager. Because the EV is somewhere (for the sake of argument) around +550, you are paying more juice than if it was closer to an even wager.
Now, you compound this high juice and -EV by betting 5 or 6 of them in a parlay - and you are progressively betting worse and worse...
So when you bet a 5 team parlay that you think is -110, the EV value on that parlay is somewhere around 45%. Think about that for a minute. You are laying -110 on a 45% EV.
Have you been profitable you ask over 15 bets? Who cares. Insignificant. You will go broke over the long haul because of what I explain above. It is math. Your sample size is ridiculously small, and math is against you here.
Video that also explains this:
https://www.youtube.com/watch?v=wHfDPriLoKI
Can we get a record update with the daily recap as you usually do. Also what will be the unexpected, unbelievable result that no one could ever have seen coming that led to your losing day.
I am not by a computer otherwise I'd recap friend.
Can we get a record update with the daily recap as you usually do. Also what will be the unexpected, unbelievable result that no one could ever have seen coming that led to your losing day.
I am not by a computer otherwise I'd recap friend.
Tampa Bay was the right team to back last night, pre game. Their run of form covering +1.5 at home was near perfect.
Oklahoma ML losing on miracle pint return is just one of those things that happen in sports. It doesn't mean my wager was a bad wager when those things happen to occur.
Tampa Bay was the right team to back last night, pre game. Their run of form covering +1.5 at home was near perfect.
Oklahoma ML losing on miracle pint return is just one of those things that happen in sports. It doesn't mean my wager was a bad wager when those things happen to occur.
Hi Lippsman,Of course it increases the risk, that's inherent in making that type of play, no? But the odds of each particular game are in your favor, are they not?. At least pre game, is that not correct?
Very true. The only sustainable way of getting is one game per bet slip. The more games you put on a bet slip together, the bigger the chance of losing, however big favoutites they are. That's the way the cookie crumbles.
Hi Lippsman,Of course it increases the risk, that's inherent in making that type of play, no? But the odds of each particular game are in your favor, are they not?. At least pre game, is that not correct?
Very true. The only sustainable way of getting is one game per bet slip. The more games you put on a bet slip together, the bigger the chance of losing, however big favoutites they are. That's the way the cookie crumbles.
Hi Lippsman,Of course it increases the risk, that's inherent in making that type of play, no? But the odds of each particular game are in your favor, are they not?. At least pre game, is that not correct?
And yet I've still been profitable in this facet in my portfolio as my record indicates.
Hi Lippsman,Of course it increases the risk, that's inherent in making that type of play, no? But the odds of each particular game are in your favor, are they not?. At least pre game, is that not correct?
And yet I've still been profitable in this facet in my portfolio as my record indicates.
Since you don't want any assistance and think you know what you are doing take care
Since you don't want any assistance and think you know what you are doing take care
You keep playing huge juiced faves in parlays so your wagering is quite flawed and you appear not want any suggestions on how to play better. The run back for a TD us not a bad beat, you do realize there were around 80 other plays in that game. Saying that TB was near perfect shows everyone that you don't really cap, you just look at past scores and the highest ML's. Glad you are using Monopoly money. You will last longer.
Since you don't want any assistance and think you know what you are doing take care
You keep playing huge juiced faves in parlays so your wagering is quite flawed and you appear not want any suggestions on how to play better. The run back for a TD us not a bad beat, you do realize there were around 80 other plays in that game. Saying that TB was near perfect shows everyone that you don't really cap, you just look at past scores and the highest ML's. Glad you are using Monopoly money. You will last longer.
Since you don't want any assistance and think you know what you are doing take care
Moving Bets, Not Losing Bets.™
https://i.imgur.com/ZJhOwBb.jpg
Moving Bets, Not Losing Bets.™
https://i.imgur.com/ZJhOwBb.jpg
You keep playing huge juiced faves in parlays so your wagering is quite flawed and you appear not want any suggestions on how to play better. The run back for a TD us not a bad beat, you do realize there were around 80 other plays in that game. Saying that TB was near perfect shows everyone that you don't really cap, you just look at past scores and the highest ML's. Glad you are using Monopoly money. You will last longer.
Since you don't want any assistance and think you know what you are doing take care
You keep playing huge juiced faves in parlays so your wagering is quite flawed and you appear not want any suggestions on how to play better. The run back for a TD us not a bad beat, you do realize there were around 80 other plays in that game. Saying that TB was near perfect shows everyone that you don't really cap, you just look at past scores and the highest ML's. Glad you are using Monopoly money. You will last longer.
Since you don't want any assistance and think you know what you are doing take care
PARLAY (4 TEAMS)
12/07/2014 @ 09:05 PM NHL
01. NHL - Alternative Lines (1)
[79577]
12/07/2014 @ 03:05 PM NHL
02. NHL - Alternative Lines (2)
[79605]
12/07/2014 @ 05:05 PM NHL
02. NHL - Alternative Lines (2)
[79608]
12/07/2014 @ 07:05 PM NHL
13. NHL - Will there be overtime?
[79926] NO -450 (
1000.00 1117.80
PARLAY (4 TEAMS)
12/07/2014 @ 09:05 PM NHL
01. NHL - Alternative Lines (1)
[79577]
12/07/2014 @ 03:05 PM NHL
02. NHL - Alternative Lines (2)
[79605]
12/07/2014 @ 05:05 PM NHL
02. NHL - Alternative Lines (2)
[79608]
12/07/2014 @ 07:05 PM NHL
13. NHL - Will there be overtime?
[79926] NO -450 (
1000.00 1117.80
This guy reeks of general sharp.
The loooooong posts with the constant reminders of records, and the rubbish plays that are guess work based on terrible odds and previous matches.
To me whoever it is sitting behind a computer wants to have 1 great season, gain a solid following the slug amateurs for his hack plays the following season.
This guy reeks of general sharp.
The loooooong posts with the constant reminders of records, and the rubbish plays that are guess work based on terrible odds and previous matches.
To me whoever it is sitting behind a computer wants to have 1 great season, gain a solid following the slug amateurs for his hack plays the following season.
Hahaha.This guy reeks of general sharp.The loooooong posts with the constant reminders of records, and the rubbish plays that are guess work based on terrible odds and previous matches.To me whoever it is sitting behind a computer wants to have 1 great season, gain a solid following the slug amateurs for his hack plays the following season.
Hello friend,
What does this even mean? I am an honest professional, I don't need money from any other source. I don't sell my plays, I don't intend to. I just help people and that's all.
Sincerely,
DNI Mourinho
Hahaha.This guy reeks of general sharp.The loooooong posts with the constant reminders of records, and the rubbish plays that are guess work based on terrible odds and previous matches.To me whoever it is sitting behind a computer wants to have 1 great season, gain a solid following the slug amateurs for his hack plays the following season.
Hello friend,
What does this even mean? I am an honest professional, I don't need money from any other source. I don't sell my plays, I don't intend to. I just help people and that's all.
Sincerely,
DNI Mourinho
Here is a 4:30 video on betting big favorites in a parlay.
Why it is a bad idea, why it sounds great but really isn't.
Its math DNI. Watch it. Because I know you wont listen to me. Listen to this guy.
Here is a 4:30 video on betting big favorites in a parlay.
Why it is a bad idea, why it sounds great but really isn't.
Its math DNI. Watch it. Because I know you wont listen to me. Listen to this guy.
Regardless, I respect your effort, and obviously completely agree with everything you have said in here...
Regardless, I respect your effort, and obviously completely agree with everything you have said in here...
Lippsman, I felt exactly the same way as you and thought it was worth discussing this kind of thing, even if not for DNI in the end, for whoever may be reading it. Ultimately the guy is a child with his fingers in his ears shouting at the top of his lungs to avoid hearing anything. He thinks that his "amazing intuition" is more important than the math, when in reality he can still use his alleged intuition while making mathematically sound decisions, but he does not want to learn how, he does not even have the humility to consider that he may be doing something silly. Again and again (example after example) Vanzack and I have proven that it is not a matter of opinion, but a matter of mathematical fact, and still he does not care. The only sane conclusion that any of the witnesses to the exchanges could come to is that this man is here to troll the website, which is beyond apparent in my opinion, and all of his effort and energy is not for anything other then making a mess around here, and confusing a bunch of amateurs even further. Watch him dance around the discussion and then continue to put all of his effort towards attracting attention and controversy, which he is now doing so several other sites as well. He will find an ignorant fool here and there to come to his defense, because he is skillful enough at what he does, and well-spoken enough to dupe your average idiot. Like you I was under the impression this site was to help one another out, but the amount of effort that has gone into perpetuating this troll who offers nothing but deliberate misinformation is proving that to be a complete fallacy. Regardless, I respect your effort, and obviously completely agree with everything you have said in here...
Mr. Zamigo,
You are welcome to disagree with my approach here. Why not wait the entire NHL season and let my record speak for itself? Why not give it a fair shake
Just because I have a different method doesn't mean it's wrong or not profitable. Perhaps some of the words you use against me above should apply to yourself and Mr. VanZack. There's more than one way to shear a sheep. There is more than one avenue to make money in this profession.
I am showing one avenue and I'm doing it in a way that is documented so everything is transparent.
Again you must realize that futbol and these NHL plays are separate entities so to speak. They are different tools in an arsenal of options to earn money in this profession.
To put on blinders and only advocate some mathematical approach is to completely disregard the intuitive and subjective nature of sport.
Sincerely,
DNI Mourinho
Lippsman, I felt exactly the same way as you and thought it was worth discussing this kind of thing, even if not for DNI in the end, for whoever may be reading it. Ultimately the guy is a child with his fingers in his ears shouting at the top of his lungs to avoid hearing anything. He thinks that his "amazing intuition" is more important than the math, when in reality he can still use his alleged intuition while making mathematically sound decisions, but he does not want to learn how, he does not even have the humility to consider that he may be doing something silly. Again and again (example after example) Vanzack and I have proven that it is not a matter of opinion, but a matter of mathematical fact, and still he does not care. The only sane conclusion that any of the witnesses to the exchanges could come to is that this man is here to troll the website, which is beyond apparent in my opinion, and all of his effort and energy is not for anything other then making a mess around here, and confusing a bunch of amateurs even further. Watch him dance around the discussion and then continue to put all of his effort towards attracting attention and controversy, which he is now doing so several other sites as well. He will find an ignorant fool here and there to come to his defense, because he is skillful enough at what he does, and well-spoken enough to dupe your average idiot. Like you I was under the impression this site was to help one another out, but the amount of effort that has gone into perpetuating this troll who offers nothing but deliberate misinformation is proving that to be a complete fallacy. Regardless, I respect your effort, and obviously completely agree with everything you have said in here...
Mr. Zamigo,
You are welcome to disagree with my approach here. Why not wait the entire NHL season and let my record speak for itself? Why not give it a fair shake
Just because I have a different method doesn't mean it's wrong or not profitable. Perhaps some of the words you use against me above should apply to yourself and Mr. VanZack. There's more than one way to shear a sheep. There is more than one avenue to make money in this profession.
I am showing one avenue and I'm doing it in a way that is documented so everything is transparent.
Again you must realize that futbol and these NHL plays are separate entities so to speak. They are different tools in an arsenal of options to earn money in this profession.
To put on blinders and only advocate some mathematical approach is to completely disregard the intuitive and subjective nature of sport.
Sincerely,
DNI Mourinho
Mr. Zamigo,
You are welcome to disagree with my approach here. Why not wait the entire NHL season and let my record speak for itself? Why not give it a fair shake
Just because I have a different method doesn't mean it's wrong or not profitable. Perhaps some of the words you use against me above should apply to yourself and Mr. VanZack. There's more than one way to shear a sheep. There is more than one avenue to make money in this profession.
I am showing one avenue and I'm doing it in a way that is documented so everything is transparent.
Again you must realize that futbol and these NHL plays are separate entities so to speak. They are different tools in an arsenal of options to earn money in this profession.
To put on blinders and only advocate some mathematical approach is to completely disregard the intuitive and subjective nature of sport.
Sincerely,
DNI Mourinho
Mr. Zamigo,
You are welcome to disagree with my approach here. Why not wait the entire NHL season and let my record speak for itself? Why not give it a fair shake
Just because I have a different method doesn't mean it's wrong or not profitable. Perhaps some of the words you use against me above should apply to yourself and Mr. VanZack. There's more than one way to shear a sheep. There is more than one avenue to make money in this profession.
I am showing one avenue and I'm doing it in a way that is documented so everything is transparent.
Again you must realize that futbol and these NHL plays are separate entities so to speak. They are different tools in an arsenal of options to earn money in this profession.
To put on blinders and only advocate some mathematical approach is to completely disregard the intuitive and subjective nature of sport.
Sincerely,
DNI Mourinho
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