Hypothetical Gambling Question

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If you could get a line on a NBA game.....(I'm not going to give an example because this will create bias since people have opinons of the teams)

Team A is -2 and then team B's best 2 players are out and they go to -10

What % of your BR would you bet on team A at -2?
 
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If you could get a line on a NBA game.....(I'm not going to give an example because this will create bias since people have opinons of the teams)

Team A is -2 and then team B's best 2 players are out and they go to -10

What % of your BR would you bet on team A at -2?

guess you are talking about Sunday's San An. Miami Heat game ??
 

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When a line moves that much towards an underdog I grab all the +points for my normal 2 unit wager (2%)
 

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guess you are talking about Sunday's San An. Miami Heat game ??

Yeah BAS, although I prefer just to say Team A and team B because it is hypothetical. Obviously someone could have an opinion on Miami/SA and that influence their answer to the question.
 

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If you could get a line on a NBA game.....(I'm not going to give an example because this will create bias since people have opinons of the teams)

Team A is -2 and then team B's best 2 players are out and they go to -10

What % of your BR would you bet on team A at -2?

I would bet 50% of my bankroll on team A at -2 and 50% of my bankroll on team B at +10

good chance I lose 5% of my bankroll here but i'll take a 5% risk on an 8 point middle for half my bankroll
 

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I would bet 50% of my bankroll on team A at -2 and 50% of my bankroll on team B at +10

good chance I lose 5% of my bankroll here but i'll take a 5% risk on an 8 point middle for half my bankroll

Why? You could be 80% to double your BR betting on team A. If you middle it you are not 80% to double your BR.

Chance team A covers 2 is >>>>>>>> than chance it falls between 2 and 10

Am I missing something? That is way wrong.
 
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standard bet. too much variance to go crazy, and seems like more often than not these bets don't come in for whatever reason
 

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Why? You could be 80% to double your BR betting on team A. If you middle it you are not 80% to double your BR.

Chance team A covers 2 is >>>>>>>> than chance it falls between 2 and 10

Am I missing something? That is way wrong.

you are right......but i'm not going to bet more than my standard bet cause of a good line

the thought of doubling my BR on an 8 point middle is worth the risk.

Lets say the chance of the +10 hitting is 50/50 and the chance of the -2 hitting is 80/20, I think this means I have a 40/60 chance of hitting my middle (without having crunched the #s)

assume my BR is $1000
i'd take 40% of winning half my bankroll ($500) and 60% of losing $50
over an 80% chance of winning ($50) (5% of my bankroll) and 20% of losing $5
 

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you are right......but i'm not going to bet more than my standard bet cause of a good line

the thought of doubling my BR on an 8 point middle is worth the risk.

Lets say the chance of the +10 hitting is 50/50 and the chance of the -2 hitting is 80/20, I think this means I have a 40/60 chance of hitting my middle (without having crunched the #s)

assume my BR is $1000
i'd take 40% of winning half my bankroll ($500) and 60% of losing $50
over an 80% chance of winning ($50) (5% of my bankroll) and 20% of losing $5

50% goes to over 10, another 20% or so goes to team B covering the +2 so you would have about 25-30% chance of doubling your $ with middle hitting as opposed to a solid 75-80% chance. This is giving away a huge, huge chunk of equity.
 

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i said it wrong:

30% i double my bankroll (with a middle)
vs.
80% i win my biggest bet (5% of BR)
 
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Yeah BAS, although I prefer just to say Team A and team B because it is hypothetical. Obviously someone could have an opinion on Miami/SA and that influence their answer to the question.


well here was My problem with that game. I had bet this game early.. Miami +1.5
I have Sunday's off from work... so I get to do some running around and wasn't in front of my computer.
So I'm in and out all day... get in about 6pm, turn on the computer and see 9's and 9.5's

I'm like WTF is going on ???? check SportsOptions and see James and Wade OUT
so I'm like... what do I do ?? I have to buy back my bet...SA is going blow them Out !
problem with that... what if it lands on 4, 5, 6 or 7...even 8 ( I could lose Both ways !! )

so I decided to just buy back 1/2 my wager. ( turned out to be a Stupid move ) But you never know

Very Tough thing to get out of.... either let it ride or take the chance to buy some of it back.
I took that chance and it Half backfired on me. But I could have lost Both.
 

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maybe if i had a legit 80% of winning i'd go slightly higher, but the risk is phenomenally greater


maybe to satisfy Patsfan, i'd bet 5%-10% +50% of what is left on team a-2 then go the other 50% of what is left on b+10
 

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well here was My problem with that game. I had bet this game early.. Miami +1.5
I have Sunday's off from work... so I get to do some running around and wasn't in front of my computer.
So I'm in and out all day... get in about 6pm, turn on the computer and see 9's and 9.5's

I'm like WTF is going on ???? check SportsOptions and see James and Wade OUT
so I'm like... what do I do ?? I have to buy back my bet...SA is going blow them Out !
problem with that... what if it lands on 4, 5, 6 or 7...even 8 ( I could lose Both ways !! )

so I decided to just buy back 1/2 my wager. ( turned out to be a Stupid move ) But you never know

Very Tough thing to get out of.... either let it ride or take the chance to buy some of it back.
I took that chance and it Half backfired on me. But I could have lost Both.

In that situation assuming you have no new opinion on the game you should just roll with the bad bet and take the L. Making another -EV bet makes no sense.


@shdw You know what I'd probably do given I had access to unlimitd outs? I'd take team A on the moneyline like -130 for 130 wins 100 lets say. Then team B I'd get like +330 ML for say 40 wins 130. Then have 0 wins 60 on something that is around 75-80% to come through for a good amount.

And since this is a 0 wins X freeroll that likely hits, obviously try to do it for a lot.
 

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Had spurs -1.5 and thought they would cover the 9.5 so I didn't buy it back$$:($$
 

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Had spurs -1.5 and thought they would cover the 9.5 so I didn't buy it back$$:($$

That is the right move unless you have an opinion on the game like +9.5 is a good play. If the 1.5 sailed for you it is not like you could do what I said in above example.
 

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@shdw You know what I'd probably do given I had access to unlimitd outs? I'd take team A on the moneyline like -130 for 130 wins 100 lets say. Then team B I'd get like +330 ML for say 40 wins 130. Then have 0 wins 60 on something that is around 75-80% to come through for a good amount.

And since this is a 0 wins X freeroll that likely hits, obviously try to do it for a lot.

I like that better..much better....I didnt realize ml was an option.....but you sold me on ml hedge
 

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I like that better..much better....I didnt realize ml was an option.....but you sold me on ml hedge

I dunno, why wouldn't it be?

Anyway I could only get this for my max at my book and it wasn't enough to consider hedging (hedging is giving away EV) so I lost a little bit. Lost the ML on the Bosh 3, although after the philly/den ML beat I took 2 Thurs ago it was nothing.
 

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