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sports betting market question

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01-10-2017 , 07:34 AM

avv

stranger

Join Date: Jan 2017 Posts: 1

Is there a difference between framing a sports betting market to 100% or framing it to 90%? Many professional sports bettors say they do it to 90% and bet anything over their price, so if they price a bet $2 decimal (even money) at their 90% market they bet it anytime its over the price of $2. Is there any errors framing the betting market below 100% so 90% say vs 100%?

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01-10-2017 , 02:55 PM

TomCowley

Pooh-Bah

Join Date: Sep 2004 Posts: 5,649

Is there a difference between English and whatever language that word vomit is supposedly comprehensible in?

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01-10-2017 , 04:06 PM

youtalkfunny

dumbest smart person his mom knows

Join Date: Oct 2002 Posts: 21,758

I don't understand the question either...but I'm going to guess that the difference between 100% and 90% is 10%.

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01-10-2017 , 07:15 PM

stoffmakers

adept

Join Date: Nov 2008 Posts: 1,154

I'm lost

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01-10-2017 , 09:56 PM

frommagio

Pooh-Bah

Join Date: Jan 2005 Posts: 4,453

Stay in school kids, or this could happen to you.

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01-10-2017 , 11:46 PM

GreenSmoke85

Pooh-Bah

Join Date: Aug 2007 Posts: 4,427

Quote:

Originally Posted by youtalkfunny

I don't understand the question either...but I'm going to guess that the difference between 100% and 90% is 10%.

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Originally Posted by youtalkfunny

Congratulations on being the smartest kid in the class. I award you one paper Burger King crown. Too bad all your brain power was wasted on nittery, rather than addressing the meat of my question. Thanks for reminding me why there are several-year-long gaps in my Sports Betting posting history.

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01-14-2017 , 07:27 PM

wahoo3

veteran

Join Date: Sep 2008 Posts: 2,805

Quote:

Originally Posted by avv

nope, no errors at all. the 90% framing translates down proportionally from the 100% to the 90% so if you calculate the even money wagering frequency setting it to $2 decimal of course and you frame it down a bit to around 90% then you should end up a winning bettor over the long term assuming things converge as expected. now framing it down below 90% i think you could run into problems with the distribution profile becoming skewed so i'd stick to + or - 10%.

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01-14-2017 , 09:37 PM

Poogs

Pooh-Bah

Join Date: Aug 2009 Posts: 4,501

the **** is going on in here

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