harrington,
While this may be good, sound, advice for the recreational gambler, I know for a fact that many wise guys play a lot of games believing that they have an advantage over the bookie, so the more they play, the more they win...
For example, it is not surprising to see some syndicates bet over 20 games on a College Football Saturday...
THE SHRINK
While this may be good, sound, advice for the recreational gambler, I know for a fact that many wise guys play a lot of games believing that they have an advantage over the bookie, so the more they play, the more they win...
For example, it is not surprising to see some syndicates bet over 20 games on a College Football Saturday...
THE SHRINK
This board mostly contains recreational gamblers. While I agree that Wise Guys make a large number of plays, not only in college football but college hoops as well, I'm with Harrington on this one for purposes of this particular audience. For recreational gamblers, the vig will eat up your bankroll the more plays you make. Be selective if you can.
If you don't bet more per game i.e. 110 to win 100 then you will not notice.
The problem with statements like this is that vig is only taken away from winners not the losers. So the 'vig eating you alive' is a misnomer. You are actually laying more to win the same amount in terms of ratio.
I have to assume you bet 550 or 1100. But if you bet 500 and 1000 I think you will see the difference. If not bet it, figure it out. The thing with betting that extra 10% before hand is that it automatically makes you have to be more successful because it isn't the vig, that is killing you, it is the bigger wagers.
You aren't betting a nickle or a dime, you are beting 550 or 1100. If you personally bet 5 games on a Saturday, and you bet 550 on them all and you go 3-2, you will make 400, if you go 2-3 you will lose 650. Difference is 1050 between going 2-3 vs 3-2. If you bet 5 games at 500 flat. Go 3-2 you make 363.63. Go 2-3 you lose 590.91, difference is 954.54 between going 3-2 vs 2-3. One way you put 275o in action, the other you put 2500 in action. When youl ook at the ratios between winning and losing, it is easy to see that the returns on betting more, do not outwiegh the "saving" when you lose.
The ONLY way betting the extra is when you win, but that goes without saying, becasue you bet more, you obviously collect more.
Vig is going to get you on every winner anyway. If you bet and never lose a game, you lose twice as much to vig as a guy hitting 50% that has played the same amount of games.
The problem with statements like this is that vig is only taken away from winners not the losers. So the 'vig eating you alive' is a misnomer. You are actually laying more to win the same amount in terms of ratio.
I have to assume you bet 550 or 1100. But if you bet 500 and 1000 I think you will see the difference. If not bet it, figure it out. The thing with betting that extra 10% before hand is that it automatically makes you have to be more successful because it isn't the vig, that is killing you, it is the bigger wagers.
You aren't betting a nickle or a dime, you are beting 550 or 1100. If you personally bet 5 games on a Saturday, and you bet 550 on them all and you go 3-2, you will make 400, if you go 2-3 you will lose 650. Difference is 1050 between going 2-3 vs 3-2. If you bet 5 games at 500 flat. Go 3-2 you make 363.63. Go 2-3 you lose 590.91, difference is 954.54 between going 3-2 vs 2-3. One way you put 275o in action, the other you put 2500 in action. When youl ook at the ratios between winning and losing, it is easy to see that the returns on betting more, do not outwiegh the "saving" when you lose.
The ONLY way betting the extra is when you win, but that goes without saying, becasue you bet more, you obviously collect more.
Vig is going to get you on every winner anyway. If you bet and never lose a game, you lose twice as much to vig as a guy hitting 50% that has played the same amount of games.
harrington is correct..........90% of people should limit the number of games bet
shrink is correct............his buddy will bet seemingly the whole board in foots and baskets
fishead is not correct........" ...suprising how many people feel that one can not be highly successful betting a huge amount of games".........one person cant........syndicates can...
a different world between a syndicate moving money and a single gambler...............
but contrary to what SHRINK will tell you about trying to "middle games or bet both sides"............syndicates frequently have money spread out on both sides of games at different numbers.....but at different amounts...
btw....they will bet EVERY GAME on the board if you let them move the line 1pt their way off the opening number.......
shrink is correct............his buddy will bet seemingly the whole board in foots and baskets
fishead is not correct........" ...suprising how many people feel that one can not be highly successful betting a huge amount of games".........one person cant........syndicates can...
a different world between a syndicate moving money and a single gambler...............
but contrary to what SHRINK will tell you about trying to "middle games or bet both sides"............syndicates frequently have money spread out on both sides of games at different numbers.....but at different amounts...
btw....they will bet EVERY GAME on the board if you let them move the line 1pt their way off the opening number.......
guys you have to understand that syndicates may bet 30 games.......but
1. most games are bet at lines that are 3 or more points better than what you can get......
2. with that much line movement, in many cases the back side is also bet......
so of those 30 games bet....the exposure is limited and their lines are much more favorable.....
1. most games are bet at lines that are 3 or more points better than what you can get......
2. with that much line movement, in many cases the back side is also bet......
so of those 30 games bet....the exposure is limited and their lines are much more favorable.....
Typical syndicate positions in college football - lay 7.5 - take 10 - lay 14.5 take 17 - lay pick take 2.5. Most times with leans on one side or the other. Tonight you can bet there are some groups holding plus 21.5 and laying 17 on the Tenn/UNLV game (although not in Vegas for this game).
wil.
wil.
You collect what you bet minus whatever vig odds a book ahs. if you bet $100 at Pin and the line is -7 -107, then you would collect 93.46. if you lose, you only lose the $100 you bet. So in essence they are charging you $6.54 for that winner.
You can only lose what you wager, whether that be $5 or $550. Whatever you have at risk is what you can lose. But when you win, you do not get the full amount back, you get that amount minus the vig odds, if they are negative that is.
When you bet an amount, technically you should get that same amount back, but the books have to take their hold, and that hold is determined by the odds on the vig, whether it be -110, -107, -105, -120, or whatever.
So when people bet X amount to get X amount, they are not really paying the vig up front, they are simply betting more. The vig is going to come out anyways, if you win, whether it is an even number or not, it doesn't matter.
You can only lose what you wager, whether that be $5 or $550. Whatever you have at risk is what you can lose. But when you win, you do not get the full amount back, you get that amount minus the vig odds, if they are negative that is.
When you bet an amount, technically you should get that same amount back, but the books have to take their hold, and that hold is determined by the odds on the vig, whether it be -110, -107, -105, -120, or whatever.
So when people bet X amount to get X amount, they are not really paying the vig up front, they are simply betting more. The vig is going to come out anyways, if you win, whether it is an even number or not, it doesn't matter.
