Quote:
Originally Posted by Baaaazinga
^^ HeadQuarters for DEGENS!!! ^^
haha yeah, honch and i both in the red on the year. i don't necessarily consider myself a degen though, mostly because i associate that word with people who bet way beyond their means and/or knowingly take massively -EV propositions.
variance in p6s is even worse than MTTs in poker though. have four 5/6 tickets on the year, any of which would've put me in the green w/ 6/6. i feel good about continuing to chase occasional carryovers because the effective takeout often becomes 0-10% , and the majority of tickets are people looking to single 4 of the 6 races and never take a ML shot greater than 4/1. if you're consistently beating ML prices in win pools (better predictors of true odds, but P6 selections as a whole usually fall halfway between ML and closing win pool prices) you can be assured your wagers are at least 0EV.
my favorite part of HR capping is before any races start and poring over PP's and unlocking secrets
a la Beautiful Mind. even if i have no edge and have paid full takeout on all my wagers, $500 in paid EV is an acceptable price to pay for the entertainment.