Quote:
Originally Posted by DrawNone
for this discussion "sports bettor" implies it's a losing poker player. if that wasn't the case then they would be a "winning player" and not a "sports bettor".
the quote is mostly wrong. for nearly every sports bettor the book eventually gets all the $$$.* like 99% of them. every bet a square makes is +EV for the book; the short-term result is irrelevant because when a square wins they just make more bets and each bet placed makes money for the book. that's the important part. every time a square places a bet the book makes money, regardless of the outcome.
**of course the site risks the guaranteed revenue a sports bettor provides when they play poker: they lose their money and the winning player cashes it out. that money is gone from the site, will never be back, and therefore it will not be wagered in +EV situations (sports bets) for the house.
*where are you getting your numbers? i have like $100,000,000,000 but no way to back it up.
not to mention that a guy who likes sportsbetting may also be a great poker player, i know hard to imagine but theyre out there.
**the second bolded part: guaranteed revenue = rake. a guy wagering is not guaranteed any way you spin it.
you know that part in the movie casino where a rich asian comes in and rapes them for a few mill then leaves. this does happen and merge cant tell him oh your planes busto gonna have to come back and stay with us.
Last edited by ih8ustfu; 05-04-2014 at 03:16 AM.