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Turning Squares into Sharps Turning Squares into Sharps

09-25-2008 , 05:44 PM
Thremp was great to me when I started out

He asked me stuff like what my edge was? what's the breakeven point on that pick? at what price would you bet the other way? etc

It was so sweet

Last edited by MyTurn2Raise; 09-25-2008 at 05:55 PM.
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09-25-2008 , 06:18 PM
Quote:
Originally Posted by Thremp from 2006
Quote:
Basic Arb strat
Pinny/Mansion

Carib
SIA
SB
VIP

Bowmans
Greek
BetJ
Skybook

To requote some previous stuff

1) Middles/Arbs/Errant lines is way easier to make money at than handicapping. IE I managed to snag some Johan Santana at 1-1 when he was really a -400 fave (probably bigger, but bridgejumping for 2 months sucks). I gain a huge edge on this bet and am able to return 4x what I'd normally return over than time frame. Middles are also hot news... Taking a freebie shot on an event is always positive. IE manage to find -5.5 -105/+6 105 at two diff books. You run an EV of whatever the probablity of the occurence times your bet amount. High variance, but its makes your day to watch a 2k-3k side come in. Arbs are a great way to clear bonus and a whole skill in and of itself for the serious person, but there are always small still arbs that are able to be picked off by anyone. IE look in the arb thread. Most of the arbs that should be posted there are not moving and should be able to get snagged. If its Wed and you're a football capper and you see a 1c arb on a bsaeball game that night. Jump on it.

Work on your statistics!!! I'd say the sportbettors that I like on this board could probably sleep through an entire minor in statistics. I for one need to work on this and build my excel skills along with it. These two skills help a great deal in deciding probablities and true lines etc.
look at how helpful and nice and humble he is.
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09-25-2008 , 06:25 PM
ProfBen,

Go back even earlier and find the really donktastic stuff I wrote. Its probably really funny
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09-25-2008 , 07:54 PM
Quote:
Originally Posted by Dr_Jeckyl_00
I suspect it will be a while before I figure out this code...

maybe it means don't tease games where the fav is away and don't bet too much on Home dogs...

What he means is this...

There are people who won't include NFL faves as legs in Wong Teasers becuase the data shows that these teams have not covered their teaser leg often enough to be profitable. That's all well and fine, but then these people should follow through and look for bets which would be profitable if their assumptions were in fact true.


In other words, if the following is a given...

NFL road faves of -8.5/-8.0/-7.5 won't cover -2.5/-2.0/-1.5 often enough to make them a profitable teaser leg.

... then they should be making other types of bets (on the same game) which would be proftiable due to this "fact".


Thremp really struggles with English, but don't worry too much; you can safely ignore 99% of what he posts in this forum.
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09-26-2008 , 12:47 AM
Quote:
Originally Posted by Post-Oak
What he means is this...

There are people who won't include NFL faves as legs in Wong Teasers becuase the data shows that these teams have not covered their teaser leg often enough to be profitable. That's all well and fine, but then these people should follow through and look for bets which would be profitable if their assumptions were in fact true.


In other words, if the following is a given...

NFL road faves of -8.5/-8.0/-7.5 won't cover -2.5/-2.0/-1.5 often enough to make them a profitable teaser leg.

... then they should be making other types of bets (on the same game) which would be proftiable due to this "fact".


Thremp really struggles with English, but don't worry too much; you can safely ignore 99% of what he posts in this forum.
Just curious what other kinds of bets you're referring to here, as teasing +6 pts on a game with say an 8 pt spread yields -8/-2 or +8/+14. I.e. crossing the 3,6, and 7 is significant, whereas crossing the 10 and idk what else would even be worthwhile in getting to 14. I know, noob question, but I'm really interested in what possibilities you're talking about here. An example would be super helpful.

Last edited by sabes; 09-26-2008 at 01:11 AM.
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09-26-2008 , 01:12 AM
the underdog straight bet, the under, team total under on the fav, player props on the fav under or on the dog over.
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09-26-2008 , 02:00 AM
from reading the faq and other stuff sports betting looks really hard to learn, really hard to do, fairly time consuming and super swingy.

seems like a waste of time for someone with a decent edge at poker already.
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09-26-2008 , 02:34 AM
**** everone
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09-26-2008 , 02:49 AM
whatever

Last edited by reachrevolver; 09-26-2008 at 02:58 AM.
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09-26-2008 , 03:25 AM
Quote:
Originally Posted by sabes
Just curious what other kinds of bets you're referring to here, as teasing +6 pts on a game with say an 8 pt spread yields -8/-2 or +8/+14. I.e. crossing the 3,6, and 7 is significant, whereas crossing the 10 and idk what else would even be worthwhile in getting to 14. I know, noob question, but I'm really interested in what possibilities you're talking about here. An example would be super helpful.
Capturing the 10 and the 14 are good. This is a better teaser than average but not sufficient to overcome the price. The 3 and the 7 are more common then the 10 and the 14. The 4,5,6,8,9,11,12,13 are all less significant. Also, the 4, 5 and 6 are much more important than the 11,12 and 13. This is why teasers crossing 3 and 7 are better than those that cross 10 and 14. Wong lays this out pretty well on pp. 226-232 of SSB. It all comes back to the FAQ.
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09-26-2008 , 03:36 AM
Quote:
Originally Posted by Victor
from reading the faq and other stuff sports betting looks really hard to learn, really hard to do, fairly time consuming and super swingy.

seems like a waste of time for someone with a decent edge at poker already.
This depends heavily on your edge and stakes. If you are beating 100-200 or 200-400 at 1 bb/100, it might be a waste of time. However, think about the amount of time required to learn poker sufficiently to earn 1bb/100 at those levels. Beating sports betting at that kind of clip cannot be learned overnight. The nice part of sports betting is that it scales relatively well. For a 3/6, 5/10 or 15/30 player with a roll in the 20-50k range, it can be hard to get a good percentage of that roll in action with a good edge without overextending. With sports betting, there can be good opportunity to get that kind of money in action at a reasonable edge.
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09-26-2008 , 03:57 AM
Quote:
Originally Posted by Victor
from reading the faq and other stuff sports betting looks really hard to learn, really hard to do, fairly time consuming and super swingy.

seems like a waste of time for someone with a decent edge at poker already.
agreed

Poker is much much easier than sports betting. OP can't grasp beans and everything important he ignores, but he can earn a living from playing poker.
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09-26-2008 , 04:43 AM
Quote:
Originally Posted by LogistX
This depends heavily on your edge and stakes. If you are beating 100-200 or 200-400 at 1 bb/100, it might be a waste of time. However, think about the amount of time required to learn poker sufficiently to earn 1bb/100 at those levels. Beating sports betting at that kind of clip cannot be learned overnight. The nice part of sports betting is that it scales relatively well. For a 3/6, 5/10 or 15/30 player with a roll in the 20-50k range, it can be hard to get a good percentage of that roll in action with a good edge without overextending. With sports betting, there can be good opportunity to get that kind of money in action at a reasonable edge.
Yes.
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09-26-2008 , 04:47 AM
Quote:
Originally Posted by Post-Oak
Thremp really struggles with English, but don't worry too much; you can safely ignore 99% of what he posts in this forum.
(deleted)


Random indications I have a soul: I did see a middle aged woman at WaHo I pitied tonight. I tipped her like 1.5x my meal. Still a pittance, but probably a bright spot in her otherwise bleak night.

Last edited by Performify; 09-26-2008 at 10:58 AM.
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09-26-2008 , 07:14 AM
Quote:
Originally Posted by Victor
from reading the faq and other stuff sports betting looks really hard to learn, really hard to do, fairly time consuming and super swingy.

seems like a waste of time for someone with a decent edge at poker already.
Sports betting could also be a better lifestyle/personality fit for some people. Poker can be mentally and emotionally consuming and really screw with some people's minds. Some of those people might find it easier to remain detached and calm with sports betting. Note that I'm not saying ALL would...for lots of people I actually think the opposite might be true.
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09-26-2008 , 08:31 AM
Quote:
Originally Posted by Victor
from reading the faq and other stuff sports betting looks really hard to learn, really hard to do, fairly time consuming and super swingy.

seems like a waste of time for someone with a decent edge at poker already.
Agreed. My edge at sports betting will never be close to my edge at poker, but sometimes I get burned out with poker and want to branch out to alternative forms of earning money, but to my dismay sports betting is really frickin' hard at learning how not to get killed, much less make a decent ROI at.
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09-26-2008 , 08:59 AM
WaHo=Waffle House?
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09-26-2008 , 09:21 AM
Quote:
Originally Posted by Rustjive
Danny Sheridan is garbage. In terms of finding a good 4th line to compare to, go look at the lines on Pinnacle or Matchbook.
I don't think Pinnacle is opened to US players.

Is Matchbook? I did not see it on SBR, but I think I only looked at A rated books. I will check this out tonight...
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09-26-2008 , 09:27 AM
Quote:
Originally Posted by kyleb
You need to have SIA on there for sure.
What does SIA stand for? Is it open to US players, and is it reasonably easy to deposit money there? If so I will add tonight.

I had 4 books, 3 with money:
-BJ
-5D
-BD
-Legendz (can't get money there)

Last night I opened accounts at:
-The Greek (could not get money there last night, but I think I will be able to using netspend cards)
-Bookmaker

Do you look at lines at books where you have no money for benchmarking purposes... like Pinnacle for US players, or is that a waste of time?
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09-26-2008 , 09:37 AM
Quote:
Originally Posted by Dr_Jeckyl_00
I don't think Pinnacle is opened to US players.

Is Matchbook? I did not see it on SBR, but I think I only looked at A rated books. I will check this out tonight...
This is for the purposes of comparison only - last I checked Danny Sheridan didn't run a book, although everyone wishes he did.
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09-26-2008 , 09:42 AM
Quote:
Originally Posted by Dr_Jeckyl_00
What does SIA stand for?
http://www.google.com/search?q=sia+sports

Quote:
Is it open to US players, and is it reasonably easy to deposit money there? If so I will add tonight.
http://www.sportsbookreview.com/SR.a...rtsInteraction

Quote:
Do you look at lines at books where you have no money for benchmarking purposes... like Pinnacle for US players
Yes, can be very valuable.
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09-26-2008 , 10:18 AM
Quote:
Originally Posted by Thremp
how you consider teasers "handicapping" instead of derivative pricing,
No I don't.

Just because I mention in a teaser thread how you know nothing about handicapping and have only been betting sports for less than two years, it doesn't mean I consider using Wong teasers as "handicapping".

Again, your problem with english comprehension rears its ugly head...
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09-26-2008 , 11:32 AM
Quote:
Originally Posted by Dr_Jeckyl_00
What does SIA stand for? Is it open to US players, and is it reasonably easy to deposit money there? If so I will add tonight.

I had 4 books, 3 with money:
-BJ
-5D
-BD
-Legendz (can't get money there)

Last night I opened accounts at:
-The Greek (could not get money there last night, but I think I will be able to using netspend cards)
-Bookmaker

Do you look at lines at books where you have no money for benchmarking purposes... like Pinnacle for US players, or is that a waste of time?
SIA is good and easy enough to get money there, yes.

And looking at Pinnacle/Matchbook lines can be very helpful indeed. You don't need to have accounts there (though it comes in handy).
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09-26-2008 , 01:52 PM
Alright, it has become clear to me that this is not going to stop. No matter what I do, I seem to be a lightning rod for criticism here. Guys like NajdorfDefense come into my threads and criticise me, then when I reply they totally ignore what I said and just repeat the same exact thing....if that isn't the definition of trolling then I don't know what is. Guys like Dudd and shipittkthx take my statements way out of context and then when I explain(and even go so far as to apologize if I was unclear) they simply disappear until they can find a new thing to critisize.

Even guys like B00T who I found to be extremely helpful at first are now joining in. B00T, how have I ignored the best points made here? I have responded to every single legitimate post in this thread even if it was to only say "Thanks for posting, I agree with everything you said." How is that ignoring the best points made? Meh, I'm sure you'll ignore that question and just move on to a new way to critisize.

Whatever....

There has been a lot of good info in this thread, and I'm thankful for that.

To all of the trolls: You have made your point clear. I get it- You think I'm trolling. You think that I don't have the right to type a multiparagraph post until I've read the FAQ. You somehow think I'm ignoring the good advice given even though I read and respond to it. I understand and accept your viewpoint, which you have made clear. Now please move on to another thread.

After this post, I will no longer respond to these types of trolls other than to make it clear that I'm not going to respond. If a mod wishes to delete all of these posts(including any of my responses) then I'm fine with that. If it'd help if I reported such posts, then let me know and I'll do so.

Thremp, people continue to say that you know a lot, so I'm on the fence. I'd love to learn from you, but I really think your teaching style conflicts with my learning style. So maybe it'd be best if you simply didn't post in this thread and just write me off as a lost cause since I'm sure thats what you think anyway. Thanks anyway for your attempts to help. Sorry if I wasted any of your time.

To all those who have replied with good advice, I apologize for this sidetracking and I do appriciate your time that you've given.

Anyway, I'm going to respond to all of the legit posts from the past 2 days and then start reading the FAQ...I'll post in here as I read through it and hopefully it will spur some discussion.
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09-26-2008 , 01:55 PM
Quote:
Originally Posted by Assani Fisher
Thremp, people continue to say that you know a lot, so I'm on the fence. I'd love to learn from you, but I really think your teaching style conflicts with my learning style. So maybe it'd be best if you simply didn't post in this thread and just write me off as a lost cause since I'm sure thats what you think anyway. Thanks anyway for your attempts to help. Sorry if I wasted any of your time.
My time is never wasted.
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