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Average sports bettor smarter than the average fan?
Posted on 11/13/14 at 10:43 am
Posted on 11/13/14 at 10:43 am
From my experience, i think sports bettors are more knowledgable than the average fans. Win or lose, they have to study the game more since their money is on the line. Average fans just like to cheer, have a good time, socialize, and hope their teams win.
Posted on 11/13/14 at 10:44 am to PeteRose
quote:
PeteRose
Wasn't smart enough to get away with it
Posted on 11/13/14 at 10:46 am to PeteRose
what the frick is the point of this thread?
Posted on 11/13/14 at 10:50 am to LSUSoulja08
quote:
what the frick is the point of this thread?
OP is a gambling addict.
Posted on 11/13/14 at 10:50 am to PeteRose
Are people who do something for a living better at it than people who don't?
Posted on 11/13/14 at 10:50 am to PeteRose
And who are you...the Alfred Einstein of sports betting?
Posted on 11/13/14 at 10:52 am to PeteRose
quote:Very few sports betters I know "study" anything.
Win or lose, they have to study the game more since their money is on the line.
Posted on 11/13/14 at 10:59 am to brgfather129
geez. a lot of hostile and sensitive responses.
Posted on 11/13/14 at 11:01 am to Boomshockalocka
quote:
Very few sports betters I know "study" anything.
This.
Posted on 11/13/14 at 11:06 am to PeteRose
quote:
Average sports bettor smarter than the average fan?
No.
because the average sports fan isn't dumb enough to gamble on games.
average bettors break even or lose more than they win most of the time I guess.
Posted on 11/13/14 at 11:11 am to LooseCannon22282
Average fan probably realizes that gambling is a long term losing proposition as long as the bookmaker offers odds that don't add up to 100% when expressed as probabilities.
Posted on 11/13/14 at 11:19 am to LooseCannon22282
quote:
average bettors break even or lose more than they win most of the time I guess.
No guessing needed. Just logic.
50 people bet $100 on the Pats to cover. 50 people bet $100 on the Colts to cover. Bookie pays out slightly less than even money, let's say 95c on the dollar. Pats cover. Bookie pays 50 people $195 and takes 50 people's $200.
Or even simpler, you and a friend toss a coin. You bet $5 each. Winner gets $9.50, loser loses $5, bookie keeps 50c. Keep doing this over and over, the chances someone goes broke increases with every toss.
Posted on 11/13/14 at 11:20 am to Mephistopheles
You aren't flipping coins man...it's a tough skill to learn and I'm not saying it's easy to make money, but it is doable.
Posted on 11/13/14 at 11:22 am to DallasTiger45
anybody who have seen a sports syndicates at work knows it's not flipping a coin.
Posted on 11/13/14 at 11:27 am to PeteRose
quote:
Average sports bettor smarter than the average fan?
Average sports bettors are degenerates that overestimate their expertise.
Only ones whose knowledge I would ever trust are professional bettors that don't need a side job.
Posted on 11/13/14 at 11:27 am to Mephistopheles
I question your ability to use logic & reason if you think your first situation is how gambling plays out in reality or if you think gambling is akin to flipping a coin.
Posted on 11/13/14 at 11:30 am to PeteRose
quote:
anybody who have seen a sports syndicates at work knows it's not flipping a coin.
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