Week 6 Betting Thread

Actually there’s a lot of data out there that proves old timers wrong that say don’t bet a lot of games. So, I like it haha. Well, as long as you stay over around 53%

Plenty of data shows that if you want to have success long term, limiting your plays isn’t the way to do it.

Your strategy reminds me of an article I read a long time ago when learning about the numbers.

“The ultimate goal of any sports bettor is to make money. That, too, is one of the facts of life of which successful bettors must be familiar. It's a basic principle of math: The more bets you are able to place, the more likely it is that your winning percentage will be close to your expectations. A pro bettor must be more concerned with profit than with establishing a great winning percentage, and those two conditions are not always compatible. A real pro applies all his advantages as often as possible, not only the best of his advantages when they occasionally arise”.

“With the break-even point at about 53 percent, genuine professional bettors know there is no tenable excuse to pass up propositions offering expectations of higher than, say, 55 percent. A small advantage applied over and over is awesomely effective. Mathematicians will confirm that a profit is more assured from a group of 200 bets with a 55 percent expectation-per-bet than from a group of 50 bets with a 60 percent expectation-per-bet. In other words, the more bets placed, the more predictable the outcome”.

http://professionalgambler.org/winning-percentages
That’s kind of always been my philosophy. Some say take all the money you are risking and put it on your best bet. First of all, that’s not possible for me lol. Will just bet on the other games as well. I like having online sites compared to 30 years ago when it was a phone call. I’d go 8-5 or something on the weekend and try to double it on Monday night. That nearly resulted in my gains being wiped out every week. Monday night has always been my Achilles. And Tyson fights.