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Average sports bettor smarter than the average fan?

Posted on 11/13/14 at 10:43 am
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16876 posts
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 by SM6
Georgia
Member since Jul 2008
8799 posts
Posted on 11/13/14 at 10:44 am to
Water is wet?
Posted by craigbiggio
Member since Dec 2009
31805 posts
Posted on 11/13/14 at 10:44 am to
quote:

PeteRose


Wasn't smart enough to get away with it
Posted by LSUSoulja08
Member since Oct 2007
16969 posts
Posted on 11/13/14 at 10:46 am to
what the frick is the point of this thread?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 11/13/14 at 10:49 am to
You should start a blog
Posted by TK421
Baton Rouge
Member since Oct 2011
10411 posts
Posted on 11/13/14 at 10:50 am to
quote:

what the frick is the point of this thread?


OP is a gambling addict.
Posted by WG_Dawg
Hoover
Member since Jun 2004
86505 posts
Posted on 11/13/14 at 10:50 am to
Are people who do something for a living better at it than people who don't?
Posted by brgfather129
Los Angeles, CA
Member since Jul 2009
17101 posts
Posted on 11/13/14 at 10:50 am to
And who are you...the Alfred Einstein of sports betting?
Posted by Boomshockalocka
Member since Feb 2004
59695 posts
Posted on 11/13/14 at 10:52 am to
quote:

Win or lose, they have to study the game more since their money is on the line.
Very few sports betters I know "study" anything.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16876 posts
Posted on 11/13/14 at 10:59 am to
geez. a lot of hostile and sensitive responses.
Posted by Nonetheless
Luka doncic = goat
Member since Jan 2012
33005 posts
Posted on 11/13/14 at 11:00 am to
Posted by CherryGarciaMan
Sugar Magnolia
Member since Aug 2012
2497 posts
Posted on 11/13/14 at 11:01 am to
quote:

Very few sports betters I know "study" anything.



This.
Posted by LooseCannon22282
Mobile
Member since May 2008
33745 posts
Posted on 11/13/14 at 11:06 am to
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 by Mephistopheles
Member since Aug 2007
8328 posts
Posted on 11/13/14 at 11:11 am to
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 by Mephistopheles
Member since Aug 2007
8328 posts
Posted on 11/13/14 at 11:19 am to
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 by DallasTiger45
Member since May 2012
8435 posts
Posted on 11/13/14 at 11:20 am to
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 by PeteRose
Hall of Fame
Member since Aug 2014
16876 posts
Posted on 11/13/14 at 11:22 am to
anybody who have seen a sports syndicates at work knows it's not flipping a coin.
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33794 posts
Posted on 11/13/14 at 11:27 am to
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 by Louie T
htx
Member since Dec 2006
36319 posts
Posted on 11/13/14 at 11:27 am to
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 by sgallo3
Dorne
Member since Sep 2008
24747 posts
Posted on 11/13/14 at 11:30 am to
quote:

anybody who have seen a sports syndicates at work knows it's not flipping a coin.
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