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Sports Betting
Posted on 7/17/18 at 6:40 am
Posted on 7/17/18 at 6:40 am
Does anyone here on Money Talk bet on sports games?
Curious to hear what smart people who know college football or NFL have to say about it.
There are a few games I’m looking at that have a bad spread set by Vegas IMO.
A college football team is similar to a stock. Both have history and profit / loss “statement” if you know what to look at.
Curious to hear what smart people who know college football or NFL have to say about it.
There are a few games I’m looking at that have a bad spread set by Vegas IMO.
A college football team is similar to a stock. Both have history and profit / loss “statement” if you know what to look at.
13
Posted on 7/17/18 at 7:02 am to LSUTigers00884
quote:
There are a few games I’m looking at that have a bad spread set by Vegas IMO.
Bet them. Best time to get good lines is "way too early" time.
It's pretty crazy how often Vegas is dead nuts on though.
The smart money MT opinion is probably not to gamble more than you can easily afford to lose because you never know as much as you think you do.
This post was edited on 7/17/18 at 7:04 am
Posted on 7/17/18 at 7:42 am to LSUTigers00884
quote:
There are a few games I’m looking at that have a bad spread set by Vegas IMO.
Posted on 7/17/18 at 7:57 am to LSUTigers00884
I bet quite a lot.
I don’t bet much NFL or CFB, bc they’re pretty liquid markets. There are much smarter people than I devoting more time to them.
I don’t bet much NFL or CFB, bc they’re pretty liquid markets. There are much smarter people than I devoting more time to them.
Posted on 7/17/18 at 7:58 am to LSUTigers00884
For college basketball and football, get to know the small/mid major conferences very well. That’s where you can make money (especially college basketball).
Posted on 7/17/18 at 8:37 am to LSUTigers00884
quote:
A college football team is similar to a stock. Both have history and profit / loss “statement” if you know what to look at.
Betting on a game = binary option
If you are proficient at trading in and out of those types of vehicles then you would probably be good at sports betting. But ofc binary option trading is largely illegal.
Posted on 7/17/18 at 9:11 am to LSUTigers00884
For beginners, your best chance is the first couple of weeks. After that, Vegas is on the money (for the most part).
TIP:
majority of Suckers take the favorites.
pick 3/4 games and bet only those
stay away from live betting
If you have more teasers/parlays than individual bets...your book loves you.
TIP:
majority of Suckers take the favorites.
pick 3/4 games and bet only those
stay away from live betting
If you have more teasers/parlays than individual bets...your book loves you.
This post was edited on 7/17/18 at 9:18 am
Posted on 7/17/18 at 10:00 am to LSUTigers00884
quote:if you go in with this mentality, you'll get crushed. Always try to underestand why a line that seems off to you "makes sense."
There are a few games I’m looking at that have a bad spread set by Vegas IMO.
Posted on 7/17/18 at 11:24 am to LSUTigers00884
quote:
There are a few games I’m looking at that have a bad spread set by Vegas IMO.
TIP:
If it sounds to good to be true...IT IS!
Posted on 7/17/18 at 11:51 am to LSUTigers00884
If you’re serious about sports betting to consistently make money, I’d plan on either learning how to model effectively or doing an absolute frickton of research.
If you’re in a state where you can play DFS, I’d recommend that way before sports betting.
If you’re in a state where you can play DFS, I’d recommend that way before sports betting.
Posted on 7/17/18 at 4:55 pm to LSUTigers00884
quote:
Does anyone here on Money Talk bet on sports games?
Curious to hear what smart people who know college football or NFL have to say about it.
There are a few games I’m looking at that have a bad spread set by Vegas IMO.
A college football team is similar to a stock. Both have history and profit / loss “statement” if you know what to look at.
By all means please give us those bad lines...
Posted on 7/17/18 at 6:18 pm to LSUTigers00884
MLB is the only sport you can realistically make long term, consistent profits on.
This post was edited on 7/17/18 at 6:20 pm
Posted on 7/19/18 at 12:31 pm to LSUTigers00884
To answer a bunch of questions that were raised in this thread. I’ve followed sports gambling for about 20 years now. I don’t gamble much and only for entertainment reasons. I have a few friends involved in sports books and a few that work as touts (people who get paid for gambling advice).
Understanding gambling and odds and being able to pick winners are somewhat different skill sets IMO and I often find people good at one but not both.
Handling a bank roll and securing odds are as important as picking games well. Because of juice most gamblers find themselves in a situation where they have to be at least 70% accurate to break even.
As for how lines are determined most people aren’t in agreement on that. How you answer that question will somewhat determine how you react to a line. I’ve already read people on here suggest there are experts with a crystal ball setting lines cause they “know” these teams involved. linesmakers are more like social scientists, they are predicting how people will bet after the line is set. Lines are a product of public perception.
Anyway one site that used to be very good for sports betting chatter is Covers.com. Still have to dig through the forums to find the better posters, but some damn good cappers on there.
Favdog.com is a great site for creating contests for gambling. I play in a few high stake season long contests on there each year.
Understanding gambling and odds and being able to pick winners are somewhat different skill sets IMO and I often find people good at one but not both.
Handling a bank roll and securing odds are as important as picking games well. Because of juice most gamblers find themselves in a situation where they have to be at least 70% accurate to break even.
As for how lines are determined most people aren’t in agreement on that. How you answer that question will somewhat determine how you react to a line. I’ve already read people on here suggest there are experts with a crystal ball setting lines cause they “know” these teams involved. linesmakers are more like social scientists, they are predicting how people will bet after the line is set. Lines are a product of public perception.
Anyway one site that used to be very good for sports betting chatter is Covers.com. Still have to dig through the forums to find the better posters, but some damn good cappers on there.
Favdog.com is a great site for creating contests for gambling. I play in a few high stake season long contests on there each year.
Posted on 7/19/18 at 10:03 pm to LSUTigers00884
When you think the spread is too good to be true and a sure lock one way, double down and bet the opposite.
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