Would you rather?

[mcbaseball10]

Small edges, -120,-119, -118 or higher on closing line? Where would you set cutoff? At your cutoff then it would be as profitable (theoretically) to bet the same max on all plays?

 

[wal66]

McBall's I know this is your thread and all but FOK, give us a winner already.

 

[rito]

Small edges, -120,-119, -118 or higher on closing line? Where would you set cutoff? At your cutoff then it would be as profitable (theoretically) to bet the same max on all plays?

I'd bet everything that had +110 or better on the other side.

Again it depends on your roll and the limits.

If the line is -120/110 at pinny and you can get -110, your roll would need to be ~$38,000 assuming you are betting .25 kelly to want to risk $200 on that.

 

[Matty]

Wal

STFU pal

 

[wal66]

Matty you don't understand. You don't know what it's like to read a thread and just see words.

 

[Matty]

Hey, I once tried to read Ganchrow's hieroglyphs, I know the feeling.

 

[mcbaseball10]

I'd bet everything that had +110 or better on the other side.

Again it depends on your roll and the limits.

If the line is -120/110 at pinny and you can get -110, your roll would need to be ~$38,000 assuming you are betting .25 kelly to want to risk $200 on that.

Thanks rito. What I need to do is figure out how much our loss tolerance is and use that as my bankroll. Now that you have suggested .25 kelly, I can then use that as a baseline for bets. With the other bookie, I believe that we have passed up some potential plays (-117-120) that we could have bet smaller amounts on using your suggestions. Also, the thought of looking at the other side (+110 or higher) has never even crossed my mind. Good stuff.

 

[mcbaseball10]

Matty you don't understand. You don't know what it's like to read a thread and just see words.

Interesting read for you wakky. Albeit it is from pinny's website, it seems to have merit. Also, you haven't voted yet wal.

http://www.pinnaclesports.com/online-betting-articles/strategy/basic/sharps.aspx

 

[rito]

Thanks rito. What I need to do is figure out how much our loss tolerance is and use that as my bankroll. Now that you have suggested .25 kelly, I can then use that as a baseline for bets. With the other bookie, I believe that we have passed up some potential plays (-117-120) that we could have bet smaller amounts on using your suggestions. Also, the thought of looking at the other side (+110 or higher) has never even crossed my mind. Good stuff.

Yea that sounds good. The thing to keep in mind is the eventuality of losing the bookie. So depending on your credit line, you generally want to get as much +ev action in as possible.

 

[mcbaseball10]

So far both bookies seems solid. Meeting up at $1.5k +/- after Monday's action, but I could imagine after a few more hits he might not be so agreeable. Also taught the friend that referred me to the bookie our process and he is starting to bet a lot of the same games as us. Might not have been a good idea.

 

[mcbaseball10]

Max Pinnacle bet on Miss @ L Marymount spread and total is $700 tonight. That's crazy.

 

[rito]

I'm only getting $500/250

 

[rito]

OH whoops thats 1h. ONly $500 each game though. 2k on ml, someone is drinking at the office.

 

[mcbaseball10]

I could have Mississippi at -8.5 but because of the limits I am reluctant. What would you do Rito?

 

[rito]

if greek was at 10 too i would take it. but, they are at -9 -115. bookmaker at 10,

oh there goes greek to 9.5. Yea I;d bet it

 

[mcbaseball10]

Ok, I put $50 on it.

 

[rito]

Greek back to 9.

Boomaker has 10 and 5k limits though so i think you are looking good.

 

[mcbaseball10]

And I know my amounts are minimal in comparison to everybody else, but I want to learn the right way to do things.