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MrX
Wal, I'm planning on starting a wally education thread to address this whole thing. It'll probably be long-winded, you'll like that. Expect it later tonight or tomorrow.
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Mr.X. I am reading threads that Durito provided right now. In those threads Ganch said he would speak in very basic terms, can you write yours in even les than basic terms?
 
MonkeyF0cker
Wally,

How many professional handicappers do you know personally? It simply amazes me that when several professionals in the industry tell people what it takes to make money betting sports, there are so many people who violently protest. What other field is like that? I mean if a mechanic showed you how to rebuild a transmission, would sit and argue and tell him your way is better even though you've destroyed 3 transmissions trying and never successfully rebuilt one yourself. People's logic is truly baffling. It's beyond retarded.
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This is kind of an interesting idea. And in it lies probably the whole allure of gambling. The reason is that if transmissions were like gambling you'd be able to put together a transmission that worked for a while occasionally, without knowing the first thing about cars.
 
Polaroid
Wally, I would advise you to read through this thread again. And maybe one more time for good luck. You've been given gambling pointers and resources from the Cliff Lee and Roy Halladay types at GameLive but it would appear that you're only taking on the advice.from Oliver Perez.
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Ok, I can totally see MrX as Cliff Lee but who is Roy?
 
wal66
Fav (-127)
Dog (+117)

Favorite Probability of winning (48.74%)
Dog Probability of winning (51.26%)

This is as far as I've gotten. That's as far as I've read though.
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Wal just remember there are no fractional games in sports (unless one game is suspended) so for those probabilities to become relevant the teams have to play each other 10,000 times. Now ask yourself this question. How many times teams have played each other 10,000 times in one season?
 
Wait a minute here. I think I have made a mistake. Ganch's example dealt with the dog being at +100 but my example has the dog at +117.

117/200 + 58.5

Doesn't that have to be inverted to 41.5? I mean you don't have to win at a 58.5 % clip to break even on a +117 favorite.

But if you do that then 41.5 + 55.95 = 97.45

If both sides have to add up to 100% then somethings not right here.

Mr.X, you may need to include pictures and a tutor.
 
I now fully understand why casinos in Vegas don't have calculators at the book. You need a PhD to make a simple play at the book when it shouldn't be that hard. Use any method you have perfected in handicapping a game. Pick the amount of money you want to risk at the particular play based on your level of confidence about the play. Go to the cashier. Give the cashier your play and the cash. When you get the receipt look at the payout.
 
Pavy
I now fully understand why casinos in Vegas don't have calculators at the book. You need a PhD to make a simple play at the book when it shouldn't be that hard. Use any method you have perfected in handicapping a game. Pick the amount of money you want to risk at the particular play based on your level of confidence about the play. Go to the cashier. Give the cashier your play and the cash. When you get the receipt look at the payout.
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:bowdown::pavy:
 
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