Buying selling in game is confusing...

Doug · Apr 25, 2005

at WSEX. I decided to try this in an attempt to understand it. Very confusing to say the least. I had to call them for clarification. Their interactive specialist wasn't available, but regular clerk did fairly well explaining it, but I'm still a little fuzzy on it.

I bought for minimums ( 1 contract). I think I made $19. I bought Phoenix at 58, bought Memphis at 34, sold Memphis at 39, sold Phoenix at 70, just to get my feet wet.

The juice seems high, but I'm not certain until graded.

The best value seems to be betting the interactive games BEFORE they start, then it seems you lay -104. Maybe I'll try Mansion exchange when I fully understand this stuff.

Anybody else have difficulties with this stuff ? It's a learning process for sure and I need education in this area !

Any helpful hints guys ? I'll take the $19 profit gladly for my first experience with this since I don't fully grasp every iota of this method.

GreenDoberman · Apr 25, 2005

use the stock market analogy, and futures contracts Doug, maybe that will clear things up for you.

Buy low and sell high.

D2bets · Apr 25, 2005

Looks like you made $12 (70-58) plus $5 (39-34), $17 total.

Doug · Apr 25, 2005

D2bets said:
Looks like you made $12 (70-58) plus $5 (39-34), $17 total.

Agree, simple $2 math error. 12+5 =17, not 19.

JayC · Apr 25, 2005

when you first start, just focus on one team. remember selling one team is like buying the other in a 2 contest event.

Each contract starts out around $50. At the end of the game one is worth $100 and the other 0. In the interim they go up and down based on the perceived value of each bet.

I'm sure if you call during the day tomorrow, Steve would be happy to talk to you. It's always been his baby and he's very proud of it.

ZZZSpeedster · Apr 25, 2005

This is really great for TOTALS in BASEBALL in-games

Lets say the total is 8.5 runs

If there are 5 runs scored through 4 innings...and then you feel the pitchers are settling down...You can buy UNDER 8.5 for a decent price.....same thing goes for the over....if teams really aren't scoring in the start of the game...you can buy OVER 8.5 really cheap if you feel the bullpen is going to explode, or see a pitcher throwing too many pitches early...

You can get some really good deals

Doug · Apr 25, 2005

Jay C said:
when you first start, just focus on one team. remember selling one team is like buying the other in a 2 contest event.

Each contract starts out around $50. At the end of the game one is worth $100 and the other 0. In the interim they go up and down based on the perceived value of each bet.

I'm sure if you call during the day tomorrow, Steve would be happy to talk to you. It's always been his baby and he's very proud of it.

I plan to do that in my quest to learn the ropes on this stuff.

ZZZSpeedster · Apr 25, 2005

DougJ said:
I plan to do that in my quest to learn the ropes on this stuff.

Think of it like this too

However much "stock" you own....If its a winner its obviously worth $100 each

You own 10 shares, you have $1000 in your account at the end if it wins...

If the shares are at $48 you want to buy 10,

Risking $480 to win $1000 profit of $520....

It's just a unique way of looking at your wagers outstanding