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re: Sports Betting
Posted on 7/19/18 at 12:31 pm to LSUTigers00884
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 2:18 pm to Jp1LSU
I personally believe if you're already looking at lines and liking particular plays before camp has started, camp injuries and starters named, get ready to lose money.
Posted on 7/19/18 at 3:02 pm to Jp1LSU
Let us know how you do baw
Posted on 7/19/18 at 5:48 pm to Jp1LSU
I don’t why you got downvotes.
But I believe you’re 100% right. Vegas must capitalize on public perception in order to make money.
They need 50/50 on each side to make 10%. Any swing on that number (60/40) can affect their earnings by lowering their profit to less than 10%.
But I believe you’re 100% right. Vegas must capitalize on public perception in order to make money.
They need 50/50 on each side to make 10%. Any swing on that number (60/40) can affect their earnings by lowering their profit to less than 10%.
Posted on 7/21/18 at 4:24 pm to Jp1LSU
I went to favdog.com to see what you were talking about, and it was a French bulldog website?
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