I see that you have found me out. It wasn't easy to pull the wool
on you for so long, as very little gets past that itchy ball sack.
With that in mind, BTW, what's your take on this commentary:
"In the past, many sharp gamblers who went to Vegas attempting to MIDDLE FOOTBALL are now BROKE.
Ask some Wise Guys if you doubt it.
Middling hoops is an entirely different matter altogether and can be very profitable, but I'll save that for a separate column.
Someone recently stated, "if you can beat the number you should be rich without ever having to hit a middle."
I agree with this statement because if you have 20-30 cents the better of it after the line moves, you are NOT increasing your chances of profiting by middling the current line...
My argument has nothing to do with the size of your bankroll, nor has it anything to do with ego.
It's basic math.
If I have plus 6 on a Football game for example, and the line closes at plus 4, it would cost me -$1.50 in juice based on "customary" vigorish to buy back to plus 6, so therefore, I have a SIGNIFICANT advantage.
Now of course, middlers will argue they can get reduced juice, but it still doesn't matter because each bet is independent of the other. Therefore, the second bet at the current line gives the gambler NO advantage over the bookmaker in and of itself...
However, professional middlers will argue (and rightfully so) that the basic strategy when betting a DOG or an UNDER , is you don't buy back on the FAVORITE or the OVER....
The flip side however is if you initially bet the favorite or the over, basic strategy calls to play back some of your bet on the other side right before kickoff.
Why?
-Because there are usually a bunch of recreational bettors driving the line above where it should be right before kickoff for both the favorite and the over...
Let's take a few examples from this weekend's slate of College Football games...
Example Game 304- Tulsa -14 vs Utep
A Professional gambler I know, namely Fezzik, has bet Tulsa because he figures he will be able to dump part of his bet back at plus 16 or higher. It is important to note he didn't originally bet the side he liked, but he bet anticipating which way the line would likely move and he took the favorite at a cheaper price with reduced juice than the game will wind up closing at...
Another example involves another favorite, Rutgers, where he laid 18 points and expects to dump part of it back at 21.
Now one bet he WON'T buy back on is game 342 Purdue plus 4 vs. Penn State. Why not?
-Because it is an UNDERDOG and he believes the correct line should be between 2 1/2 or 3 and lastly, he believes it is "THE RIGHT SIDE." "