## Poll

 I've always wondered this as well No votes (0%) Only the Wizard will know! 1 vote (25%) How do I even bet on horses (I really don't know) 1 vote (25%) ZK will think the restaurant is cheating him 2 votes (50%) Axel has action on my sports bets No votes (0%) Something about a a bigot No votes (0%)

4 members have voted

bazooooka
Joined: Nov 21, 2016
• Posts: 182
June 2nd, 2017 at 5:54:33 PM permalink
Wiz said 50 points would give you over a 10% edge. Over 100s of bets your bookie likely won't let you play anymore with that edge. I've never met anyone who won more than 55% of the time and didn't get heat or worse.

However, 50 points doesn't mean much once your talking +250 or more. I think 50 points is big when the implied offs are around 50/50 give or take a few points. It's easy to find +300 vs +250 when line/agent shopping. But near impossible to find -120 vs -170.

**For those that really want to see how some of the MAJOR betting collectives do this and win: They even have to lose at times not to get singled out as an +EV bettor.

http://www.sloansportsconference.com/content/diamonds-on-the-line-profits-through-investment-gaming/

"""
>>>

So, 100 points is 1/3 advantage
50 points is a 1/9 advantage
125 points is a 1/2 advantage

>>>

Let p be the points.

If the p <=100 then the advantage is ((2/3)*(100)-(1/3)*(200-p))/(200-p)

If p >=100 then the advantage is ((2/3)*p-(1/3)*100)/100

"""

Quote: Romes

So say I have a bookie that doesn't know anything about MMA and he offers me -120 on a fighter I look up and know for a fact is -170... that's a 50 "points/odds" difference, where as in the first example it was a 140 "points/odds" difference between the two favorite lines. I'd like to be able to get X "points/odds" difference and know what the advantage is.

You might have answered my question, but for some reason with sports the verbiage seems to confuse me a bit. I apologize for any ambiguity.

Last edited by: bazooooka on Jun 2, 2017