treat these MLB teams like Options

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  • Believe_EMT
    SBR Wise Guy
    • 03-31-19
    • 508

    #211
    completely understand your position Oil. my bets were less than $20 the first time i started pursuing this thing. end of the season i was up $1,100 and thought i was on my way to amassing a fortune. turns out the results are like any other we engage in when the independent events creep up into the thousands. i over bet the next season when the system was negative mid-may and i lost it all back and then some. that is why i pulled the plug when i hit +20 units this season.

    we all start somewhere man.

    sorry i have no way to help on the optioning out part and the workload. maybe i'm just used to the cadence of the whole thing.

    gl moving forward. hope to see you hanging around sbr and winning.
    Comment
    • Combato
      SBR Hustler
      • 09-12-17
      • 76

      #212
      Another suggestion may be to pass on any team with a win pct of < 40%. Detroit, KC, Balt, Tor, Miami

      Also, don't like fading Houston or LAD. Both are 66% WP for the year.
      Comment
      • Combato
        SBR Hustler
        • 09-12-17
        • 76

        #213
        Curious to see what you are on today.

        At 7 AM, I decided to play on St Louis and Milw. Looking for games with a hold around .7% or less. Game selection will be to play the early moves.

        St Louis /NYM game had a hold of .36% at 7 AM ( Play) Early Move on St Louis
        MLW / SF game had a hold of .7% at 7 AM ( Play) Early Move on MLW

        CLV should be positive on both these teams at by game time. Curious to see if EMT is on the these games with no option cancel by game time.
        Comment
        • oilcountry99
          SBR Wise Guy
          • 08-29-10
          • 707

          #214
          Originally posted by Believe_EMT
          completely understand your position Oil. my bets were less than $20 the first time i started pursuing this thing. end of the season i was up $1,100 and thought i was on my way to amassing a fortune. turns out the results are like any other we engage in when the independent events creep up into the thousands. i over bet the next season when the system was negative mid-may and i lost it all back and then some. that is why i pulled the plug when i hit +20 units this season.

          we all start somewhere man.

          sorry i have no way to help on the optioning out part and the workload. maybe i'm just used to the cadence of the whole thing.

          gl moving forward. hope to see you hanging around sbr and winning.
          I'm still hanging around and tracking this method...I like it's bones. EMT I hope your up $$ at seasons end hang in there

          Nice to see Combato back offering insight
          Comment
          • dogman
            SBR Wise Guy
            • 11-28-05
            • 513

            #215
            Oil, the Miller book is great. If your using openers I think BOL which comes out first is the one to use. I've used Heritage but they come out after the lines have settled in. Which book to use as an opener seems like the big question.
            Comment
            • oilcountry99
              SBR Wise Guy
              • 08-29-10
              • 707

              #216
              Originally posted by dogman
              Oil, the Miller book is great. If your using openers I think BOL which comes out first is the one to use. I've used Heritage but they come out after the lines have settled in. Which book to use as an opener seems like the big question.
              I enjoyed the read as well, hopefully I can absorb a little more the second time around
              Comment
              • Believe_EMT
                SBR Wise Guy
                • 03-31-19
                • 508

                #217
                stl 117
                pit 122
                sd +134
                mil 139
                chc +156
                sea +121

                With Options: 17.53 Units
                W/O Options: 7.57 Units
                Comment
                • Believe_EMT
                  SBR Wise Guy
                  • 03-31-19
                  • 508

                  #218
                  great stuff Combato, thanks for sharing. i need to make an effort to read the book. Oil bashing the opting out part...that hurts. but i am in agreement, it would be nice to be able to place early bets and then walk away until the next morning.

                  refining the system is why i shared it. and to have other grinders find a conservative way to slowly build their bankroll.
                  Comment
                  • Believe_EMT
                    SBR Wise Guy
                    • 03-31-19
                    • 508

                    #219
                    read an excerpt from the book. convinced me to start playing the over nights before they become over night lines. played at 9:15 pm last night. i don't know how to track them differently, but the last thing i want is additional work. i'll post them when i play them, but maybe post the additional morning plays. no one is playing for cash at this point right?

                    nym +140
                    sd 125
                    cle 126

                    With Options: 18.43 Units
                    W/O Options: 11.62 Units
                    Comment
                    • oilcountry99
                      SBR Wise Guy
                      • 08-29-10
                      • 707

                      #220
                      Originally posted by Believe_EMT
                      great stuff Combato, thanks for sharing. i need to make an effort to read the book. Oil bashing the opting out part...that hurts. but i am in agreement, it would be nice to be able to place early bets and then walk away until the next morning.

                      refining the system is why i shared it. and to have other grinders find a conservative way to slowly build their bankroll.
                      lol, I wasn't bashing it, for me it's just difficult to implement.
                      Comment
                      • oilcountry99
                        SBR Wise Guy
                        • 08-29-10
                        • 707

                        #221
                        Combato...
                        I don’t understand the Millers concept about reducing the hold and how to implement it within the context of this thread and what EMT Is trying to do. Can you elaborate on it a bit more for us simpletons out here (I’m probably the only one). Do I need accounts at several books in order to do this?
                        Appreciate your feedback
                        Comment
                        • Believe_EMT
                          SBR Wise Guy
                          • 03-31-19
                          • 508

                          #222
                          ari 142
                          tor +108
                          cle 128
                          bos 113
                          sea 123
                          pit 142
                          cin +150

                          With Options: 16.93 Units
                          W/O Options: 10.47 Units
                          Comment
                          • Combato
                            SBR Hustler
                            • 09-12-17
                            • 76

                            #223
                            Originally posted by Believe_EMT
                            great stuff Combato, thanks for sharing. i need to make an effort to read the book. Oil bashing the opting out part...that hurts. but i am in agreement, it would be nice to be able to place early bets and then walk away until the next morning.

                            refining the system is why i shared it. and to have other grinders find a conservative way to slowly build their bankroll.
                            Im not sure the book will help based on my first few days of watching it ( 2 wins, 9 losses) but sample is ridiculously low.

                            The book is worth a read. Would be interested in your take on it since this system is your brainchild and you know all the nuances where the book may be of some value.
                            Comment
                            • Combato
                              SBR Hustler
                              • 09-12-17
                              • 76

                              #224
                              You definitely need at a number of outs to make this work if you are trying to be into a low hold situation. Not for sure if it would really help here either. On paper, I am 2 and 9 betting into these low hold games so I am backing off and observing it until I get a better handle on it.

                              The book section on parlays is a real eye opener. This isn't really news but if a person can hit around 58 to 59 Pct winners, parlays can be beaten according to Miller. Of course, all u have to do is hit 58%??? Hmm.
                              Comment
                              • Believe_EMT
                                SBR Wise Guy
                                • 03-31-19
                                • 508

                                #225
                                getting too busy for daily updates, might be change coming

                                sd 105
                                atl 147
                                mia +160
                                ari 137
                                tb 124
                                laa 148
                                chc 140
                                Comment
                                • dogman
                                  SBR Wise Guy
                                  • 11-28-05
                                  • 513

                                  #226
                                  I played this method for a while but have since stopped a few days ago. If you would like to find the hold for any line go to oddscoach under betting calculators. In this method betting into reduced lines is key because of the low hold. But I noticed having to opt out to much based on the reverse movement of the lines before game time. If you are on the right side of the movement most of the time then I could see where this could work but the important thing missed in this method is were not betting into the openers when they first come out, were betting them after the movement and the lines have settled.

                                  What I learned with this method that EMT was nice enough to share is this-if you bet a game and the line has moved against you, you may want to opt out.
                                  Comment
                                  • Believe_EMT
                                    SBR Wise Guy
                                    • 03-31-19
                                    • 508

                                    #227
                                    cle 127
                                    Comment
                                    • Believe_EMT
                                      SBR Wise Guy
                                      • 03-31-19
                                      • 508

                                      #228
                                      record update

                                      With Options: 13.97 Units
                                      W/O Options: 6.97 Units

                                      think it's time to dive back in boys. wish me luck please, it will be needed.
                                      Comment
                                      • Believe_EMT
                                        SBR Wise Guy
                                        • 03-31-19
                                        • 508

                                        #229
                                        Originally posted by Combato
                                        The book section on parlays is a real eye opener. This isn't really news but if a person can hit around 58 to 59 Pct winners, parlays can be beaten according to Miller. Of course, all u have to do is hit 58%??? Hmm.
                                        holy cow, i think this Miller guy might be sharing a brain with me.

                                        years ago i posted a thread across the street (ed's place) proving that betting parlays was, in theory, a viable option. i think i went even lower though and used 55% winners to prove my point. the math certainly supports it being a viable option. i hope he mentions in the book while they work in the theoretical world, pratical application has too many pitfalls because those 55% or 58% will have no rhyme or reason to their distribution. Ganch posted something similar, but much better and more detailed on here around the same time. odd timing. i'll dig that thread up and link it in here if any is interested.

                                        i really need to read this book!
                                        Comment
                                        • Believe_EMT
                                          SBR Wise Guy
                                          • 03-31-19
                                          • 508

                                          #230
                                          Originally posted by dogman
                                          What I learned with this method that EMT was nice enough to share is this-if you bet a game and the line has moved against you, you may want to opt out.
                                          right. that was my hypothesis. if the market is indeed efficient (as i obviously believe it is), then +CLV equates to long term winners while -CLV does the opposite. so why not opt out of -CLV plays and limit our losses?

                                          this year is way off the charts strange though. i'm not sure what is going on. since 2013 i was generating +CLV on ~65% of plays. This year it is hovering around 52%. that is a very large difference. i don't know if the early line movement people won a ton of exited the market. because initially i thought the midday players had better info and moved lines accordingly, but it is happening too often for that to be the case. even stranger is we are getting absolutely crushed on +CLV Faves in June with a record of 7-22 and down 16.22 Units.

                                          i can only explain it with 'math always wins' and regression to the mean sucks and whatever other cliche we can use. over 1,000+ games of this system, +CLV faves were hitting at 58%. through april and may this year that number was 75%. so this market correction through june has them at 61% for the season.

                                          this is the sixth season doing this in some form or fashion and i have seen this much disconnect between the overnight and midday movers. open to suggestions...
                                          Comment
                                          • Believe_EMT
                                            SBR Wise Guy
                                            • 03-31-19
                                            • 508

                                            #231
                                            wsh 138
                                            pit 110
                                            mil 124
                                            det +158
                                            kc +138


                                            suspecting pit, det and kc to move against us
                                            Comment
                                            • oilcountry99
                                              SBR Wise Guy
                                              • 08-29-10
                                              • 707

                                              #232
                                              EMT...good info, thanks for sharing and good luck as you jump back in!
                                              Comment
                                              • Believe_EMT
                                                SBR Wise Guy
                                                • 03-31-19
                                                • 508

                                                #233
                                                nym +125
                                                sd 117
                                                atl +113
                                                sea 154

                                                With Options: 15.52 Units
                                                W/O Options: 5.56 Units


                                                broke the rule with sea being larger than 150, but 15 cents less than pinny, so why not.

                                                thanks Oil!
                                                Comment
                                                • Believe_EMT
                                                  SBR Wise Guy
                                                  • 03-31-19
                                                  • 508

                                                  #234
                                                  sd 147
                                                  nym 110
                                                  hou 122
                                                  kc +144
                                                  tex 128
                                                  stl 127

                                                  With Options: 16.64 Units
                                                  W/O Options: 5.66 Units
                                                  Comment
                                                  • Believe_EMT
                                                    SBR Wise Guy
                                                    • 03-31-19
                                                    • 508

                                                    #235
                                                    sf +120

                                                    With Options: 17.52 Units
                                                    W/O Options: 5.67 Units
                                                    Comment
                                                    • Believe_EMT
                                                      SBR Wise Guy
                                                      • 03-31-19
                                                      • 508

                                                      #236
                                                      nym +130
                                                      atl 113
                                                      tb 111
                                                      oak +120
                                                      Comment
                                                      • Believe_EMT
                                                        SBR Wise Guy
                                                        • 03-31-19
                                                        • 508

                                                        #237
                                                        col 135
                                                        phi 142
                                                        mia +141
                                                        det 109
                                                        bal +120
                                                        Comment
                                                        • Believe_EMT
                                                          SBR Wise Guy
                                                          • 03-31-19
                                                          • 508

                                                          #238
                                                          nym +119
                                                          tex 113
                                                          Comment
                                                          • dogman
                                                            SBR Wise Guy
                                                            • 11-28-05
                                                            • 513

                                                            #239
                                                            I want to thank EMT for this thread. Basically what I have been doing is playing reduced lines and then opting out of any games where the line has moved against me. I don't use the method for picking the games here but it really doesn't matter how you pick them.

                                                            One thing that crossed my mind with this system is that you could play both teams that are playing each other at reduced lines and then opt out of the team that the line moved against by playing their opponent and keeping the other bet. That way you will always have a bet on the team that the lines moved for. But the downfall and probably why this won't work is that in every game you will be taking a loss and that will add up. I don't think doing this will improve the results so I will just stick to one bet and opting out if need.
                                                            Comment
                                                            • Believe_EMT
                                                              SBR Wise Guy
                                                              • 03-31-19
                                                              • 508

                                                              #240
                                                              nym 121
                                                              pit +135
                                                              sd 120
                                                              tor 110
                                                              det +143

                                                              With Options: 18.68 Units
                                                              W/O Options: 4.07 Units

                                                              people really trust their models when they back pit and det
                                                              Comment
                                                              • Believe_EMT
                                                                SBR Wise Guy
                                                                • 03-31-19
                                                                • 508

                                                                #241
                                                                Dman-

                                                                no thanks needed, i'm sure i'm not the only person day trading mlb teams

                                                                i also toyed with the idea of just randomly picking teams at open and betting reduced lines. 5Dimes, i don't know when they post reduced lines, but i'm in pittsburgh and have checked at 10 pm and they aren't posted. i get up 5:30 and they've already been moved by sharp money.

                                                                the problem with retro fitting a system to pick, say reviewing the line movements for trends (home div dogs) or something, is that books would have refined their opening lines by now and that value will be gone.

                                                                keep fighting the good fight
                                                                Comment
                                                                • Believe_EMT
                                                                  SBR Wise Guy
                                                                  • 03-31-19
                                                                  • 508

                                                                  #242
                                                                  phi 125
                                                                  nym 104
                                                                  chc +110
                                                                  lad 140
                                                                  sf +125
                                                                  sd 122
                                                                  nyy 139

                                                                  With Options: 20.87 Units
                                                                  W/O Options: 4.99 Units

                                                                  time to hit pause button again. market timing will burn me at some point, might even be today.
                                                                  Comment
                                                                  • oilcountry99
                                                                    SBR Wise Guy
                                                                    • 08-29-10
                                                                    • 707

                                                                    #243
                                                                    My results for comparison:

                                                                    With Options: 8.27 Units
                                                                    W/O Options:18.40 Units

                                                                    Basically the reverse of EMT.....
                                                                    I can only think it's the difference in selections over a 336 game sample.
                                                                    Comment
                                                                    • Believe_EMT
                                                                      SBR Wise Guy
                                                                      • 03-31-19
                                                                      • 508

                                                                      #244
                                                                      chc 117
                                                                      ari 102
                                                                      stl +107
                                                                      atl +101
                                                                      tor 123

                                                                      will talk later Oil

                                                                      thanks
                                                                      Comment
                                                                      • oilcountry99
                                                                        SBR Wise Guy
                                                                        • 08-29-10
                                                                        • 707

                                                                        #245
                                                                        EMT, after further review there could be several reasons for the discrepancy, the key is both tracking results are in the plus
                                                                        Comment
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