I'm noob at sportsbetting - and my english is not that good - so please be kind with me !
I try to figure out some things - and get in trouble doing so, nose bleeding I would say. Here is one of my tricky spot :
Imagine i follow a tipster advice. Says this tipster have a proved 10% ROI (return on investment) for a decent sample size,
When he post a tips, he give the line - and the odd. For this exemple, we say +150. But by the time I put my wage on it - the line moved and the best avalaible odd is now +140.
Here I want to understand how this move impact on the supposed ROI of every single line. The line reward me less - but in another side, the fact it moved that way may be a signal that money goes on that line - so the play was (or is still) pretty good to start with,
If we take a +150 line that moved to +170, the scenario is quite different. The ''reward'' if I get it right is higher, but the fact the line move that way may be a signal that the line was notthat good at all from the start.
So HOW can I react to such lines move ? I realy try to figure out the maths behind it - but im still miles from an answers.
So if someone can help me understand it, I would appreciate a lot.
Thanks
0
To remove first post, remove entire topic.
Hey guys,
I'm noob at sportsbetting - and my english is not that good - so please be kind with me !
I try to figure out some things - and get in trouble doing so, nose bleeding I would say. Here is one of my tricky spot :
Imagine i follow a tipster advice. Says this tipster have a proved 10% ROI (return on investment) for a decent sample size,
When he post a tips, he give the line - and the odd. For this exemple, we say +150. But by the time I put my wage on it - the line moved and the best avalaible odd is now +140.
Here I want to understand how this move impact on the supposed ROI of every single line. The line reward me less - but in another side, the fact it moved that way may be a signal that money goes on that line - so the play was (or is still) pretty good to start with,
If we take a +150 line that moved to +170, the scenario is quite different. The ''reward'' if I get it right is higher, but the fact the line move that way may be a signal that the line was notthat good at all from the start.
So HOW can I react to such lines move ? I realy try to figure out the maths behind it - but im still miles from an answers.
So if someone can help me understand it, I would appreciate a lot.
You would need to determine the winning percentage needed at +150 to get the ROI of 10%. Then determine the ROI at +140 or +170.
If I've done the math right I get 44% at +150 for an ROI of 10%. +140 at 44% gives an ROI of 5.6% and +170 an ROI of 18.8%.
Thanks - but it is not the part that is difficult for me. What is difficult is to considere the fact that a line moving into this or this direction may mean that the line was or was not good from the start. So how to adjust.
0
Quote Originally Posted by staf:
You would need to determine the winning percentage needed at +150 to get the ROI of 10%. Then determine the ROI at +140 or +170.
If I've done the math right I get 44% at +150 for an ROI of 10%. +140 at 44% gives an ROI of 5.6% and +170 an ROI of 18.8%.
Thanks - but it is not the part that is difficult for me. What is difficult is to considere the fact that a line moving into this or this direction may mean that the line was or was not good from the start. So how to adjust.
Thanks - but it is not the part that is difficult for me. What is difficult is to considere the fact that a line moving into this or this direction may mean that the line was or was not good from the start. So how to adjust.
You don't adjust. Lines move & you will never be able to replicate the bets 100%. You just bet what you can get.
0
Quote Originally Posted by soltantgris:
Thanks - but it is not the part that is difficult for me. What is difficult is to considere the fact that a line moving into this or this direction may mean that the line was or was not good from the start. So how to adjust.
You don't adjust. Lines move & you will never be able to replicate the bets 100%. You just bet what you can get.
You were saying some of the lines get better & some get worse. If that's an evenish split it will even out in the long run & you take what you can get.
However, if you're getting mostly lower lines the question is how far off are you on average & what's the ROI of the punter you're following. Without exact data, there is no correct answer what you should do here.
Either way, you don't mess with posted stakes & you follow/skip/fade depending on the data.
0
You were saying some of the lines get better & some get worse. If that's an evenish split it will even out in the long run & you take what you can get.
However, if you're getting mostly lower lines the question is how far off are you on average & what's the ROI of the punter you're following. Without exact data, there is no correct answer what you should do here.
Either way, you don't mess with posted stakes & you follow/skip/fade depending on the data.
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.