You going to be doing a "play up to" for this week and season? I remember you doing that in the past.
Lou was my HS coach's college coach at Wiiliam & Mary. Came to speak to our team once. Most amazing motivational speech ever! Truly lucky to have met the man & experience him
I will post my lines and let people decide for themselves.
Indeed Alan. I'll try and pioneer a weather thread each week.
Plus current conditions at Carrier Dome, Georgia Dome etc...
100% correct.I looked at Expected Value. Still has nothing to do with determining wins and losses. Just another fancy phrase regarding subjective thinking.
I'm not going to argue the importance of expected value on a gambling board. So I will agree to disagree and move on.
WHY NOT argue on a gambling board? This is where it needs to be proven if there is to be an advantage for saying why its used. If its posted to have any value, then it must be proven, to respected members.
If there is no scientific/mathematical value found, other than a persons unfounded perception ,then there is NO EV in increasing a chance to win in your favor.
If there is - then it must be explained, other wise there is no such thing. Im sure all the members who follow this reasoning that gives reasons for betting by using EV, then the only fair and balanced thing to do is help those who read those type claims, would appreciate the privilege to see it explained with true factors that make it real.
Doesn't the EV expect a win then? How do you make money without winning? LOL x 1000EV is about profit, not wins
100% correct!Wins = Profit
Nope? Please expand your reasoning that wins don't produce profit? You posted this comment under Wiseplayers post that "Wins=Profit. And you said "Nope!" they don't.???nope
Usually never read these types of threads with millions of quotes that misrepresent the underlying factors about winning money by announcing ridiculous non-validating reasons for betting on nearly anything! Some where here there once was a thread that pissed of the much-less informed, who failed to recognize the similar limited capping methods to bring out an advantage.
That said - I wanted to point out some faults in gambling that conform to only someones non-scientific reasoning, in deciding why a play has or doesn't have EV.
If the EV isn't deeply explained with scientific confirmation, then its not applicable in any way and therefore becomes a hunch only - and nothing is more misleading than guessing.
Please help the members understand where Wiseplayer is wrong for saying its Just another fancy phrase regarding subjective thinking.
I am not going to debate it. Others can help you if they want. I have done my bit for King and Country at CTG trying to teach this and other concepts, time for someone else to pick up the torch. But I will leave you with an example to ponder for yourself
One guy takes Ohio State ML at roughly -400 when line is -9.5
One guy takes Ohio state ML at roughly -800 when line is -14.5
They have selected the same ML side but not the same bet. By your logic of winners=profit they should come out the same.
I don't have time to do my job, my gambling work, my additional gambling handicapping work, take care of familial duties and teach introductory math courses for free in my spare time. I have dropped the last one.
I do beg of you to research EV, which you clearly have not. No one should be gambling for anything other than entertainment expense if they don't understand it.
I especially do not want to waste my time explaining it to what I believe will be deaf ears.
Take -105 on a coin toss. You'll win 50% long term, but you'll lose
taking +105 is +EV
you do the math
LOL. You're a coin toss. LOL
I wish there was a Formula for all of this.
Thanks for the insightful retort.
I'll try and dumb it down even more. Why can't you win long term playing roulette? Why is taking evens in red a bad bet (ie -EV)?
I am not going to debate it. Others can help you if they want. I have done my bit for King and Country at CTG trying to teach this and other concepts, time for someone else to pick up the torch. But I will leave you with an example to ponder for yourself
One guy takes Ohio State ML at roughly -400 when line is -9.5
One guy takes Ohio state ML at roughly -800 when line is -14.5
They have selected the same ML side but not the same bet. By your logic of winners=profit they should come out the same.
I don't have time to do my job, my gambling work, my additional gambling handicapping work, take care of familial duties and teach introductory math courses for free in my spare time. I have dropped the last one.
I do beg of you to research EV, which you clearly have not. No one should be gambling for anything other than entertainment expense if they don't understand it.
I especially do not want to waste my time explaining it to what I believe will be deaf ears.
I wish there was a Formula for all of this.
Thanks for all your teachings here to us amatuers. You are the man.
I can't tell if you are being sarcastic and I didn't mean for my post to be "I am great". Certainly have not gotten rich on sports investing. With that said, I gambled for a living full time for two decades, made a lot in all sorts of different endeavors ranging from live poker to blackjack to video poker. I have made a lot of mistakes but also done a few things only a handful of gamblers have ever done as far as figuring out EV of Casino offerings. I have been 86ed from numerous places, forced casinos to remove games, been forced to take casinos to task with nevada gaming because they were mad I beat them and refused to pay. I would like to think at some point over the last ten years I have shared a few things at this site because there is no other subject in the world I could claim to be an expert.
I can't tell if you are being sarcastic and I didn't mean for my post to be "I am great". Certainly have not gotten rich on sports investing. With that said, I gambled for a living full time for two decades, made a lot in all sorts of different endeavors ranging from live poker to blackjack to video poker. I have made a lot of mistakes but also done a few things only a handful of gamblers have ever done as far as figuring out EV of Casino offerings. I have been 86ed from numerous places, forced casinos to remove games, been forced to take casinos to task with nevada gaming because they were mad I beat them and refused to pay. I would like to think at some point over the last ten years I have shared a few things at this site because there is no other subject in the world I could claim to be an expert.
Capping Genius,
You don't understand what these guys are saying? Take out the word EV if you don't like it. Your retort to Alan and VK is just wrong.
You must simply be talking about football spreads and winning only being important(and even then, long term it could still catch up with certain vig)
Surely you have to see that one can be profitable in gambling and still have a losing record. You do see how that would work right?
Yes, no one strives to "lose", but you see the point yes?
I actually forgot what thread I was in as I was scrolling down reading all this stuff; not sure why someone should have to put up with this type of rhetoric in his own picks thread...pretty sure he isn't getting paid to post in here, much less explain himself about his methods, which happen to be legitimate. (how is math not legitimate?)
Would be good to just get back to football.
CG,
I have had a couple friends that have been asked to leave blackjack tables in Las Vegas. 2 deck blackjack where counting cards isn't difficult.
After a few hands, the shoe may contain a certain ratio of certain cards to another. My friend(s) would bet standard $10 bets in general. However, when the shoe got to the certain ratio that I mention, my friends would drop heavy action on the hand. Some they lost, but more they won. Floor managers know that there are players like this and they will generally ask them to leave...why?...you got it...because they are now betting at +EV against the house. The house knows this and hates this (and blackjack floor managers damn well better know this or they'll be out of a job posthaste)...and that is the most predominant reason a blackjack player will be asked to leave cuz he's betting at +EV when the shoe favors his bet. It happens.
I AGREE. Plus I never said math didn't work. I just asked for an explanation to the EV factor when Wiseplayer was refused to get an answer.
If it is math as you say horses, than it could have been explained fairly easy.
Ooooh Myyyy.
Last time I checked - NO casino ever refused to pay off a bet and unless you have bet millions,(and corruption was suspected) then maybe Im wrong.
I AGREE. Plus I never said math didn't work. I just asked for an explanation to the EV factor when Wiseplayer was refused to get an answer.
If it is math as you say horses, than it could have been explained fairly easy.