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  • bmur714
    SBR High Roller
    • 02-10-12
    • 189

    #6126
    SlickRick, if you missed this in LTA's NBA thread check it out. Some useful information is discussed about sports odds making and gambling.

    18mins in they specifically talk about setting the lines, sharp betters, etc...

    Originally posted by Love The Action
    To help improve your knowledge of this business. This sheds some true light on how lines are set in the "new world" of sports investing. Enjoy!

    http://www.sloansportsconference.com/?p=4560
    Last edited by bmur714; 04-23-12, 07:52 PM.
    Comment
    • dlunc3
      SBR Hall of Famer
      • 10-31-09
      • 9129

      #6127
      bay drops a pretty standard deep fly ball with two outs to allow 2 to score and basically rape our under
      Comment
      • SlickRick1382
        SBR MVP
        • 10-15-11
        • 3838

        #6128
        Originally posted by dlunc3
        the 3 or 4 "sharps" on sbr arent gonna move a line... and even with that 62%, there could be more money on the 38% side as we have no clue how much money is being wagered
        I wasn't referring to sharps on SBR at all. I'm not that naive to think the 3 or 4 so called sharps on here would move a line. I wasn't able to be more detailed since I was at a client and commenting from my Ipad.

        Regardless, I was referring to people I know here in the NY / NJ area that bet major figures on games ....
        Comment
        • SlickRick1382
          SBR MVP
          • 10-15-11
          • 3838

          #6129
          Originally posted by bmur714
          SlickRick, if you missed this in LTA's NBA thread check it out. Some useful information is discussed about sports odds making and gambling.

          18mins in they specifically talk about setting the lines, sharp betters, etc...
          Thank you very much for the link and info. Appreciate it ...
          Comment
          • Love The Action
            SBR Posting Legend
            • 11-08-10
            • 10952

            #6130
            Originally posted by dlunc3
            bay drops a pretty standard deep fly ball with two outs to allow 2 to score and basically rape our under
            Just got home from a LONG day of work to see your post about this bullshit play and then watch Lester give up 4 runs with two out. Unreal
            Comment
            • speez11
              SBR High Roller
              • 04-14-12
              • 177

              #6131
              at least its only the 5th
              Comment
              • dlunc3
                SBR Hall of Famer
                • 10-31-09
                • 9129

                #6132
                Originally posted by Love The Action
                Just got home from a LONG day of work to see your post about this bullshit play and then watch Lester give up 4 runs with two out. Unreal
                yea, i mean it wasnt the easiest play in the world, but you gotta make that catch... and yea nothing like watching lester implode after looking solid through 4 innings thusfar
                Comment
                • dlunc3
                  SBR Hall of Famer
                  • 10-31-09
                  • 9129

                  #6133
                  crazy how this boston team just finds ways to screw up
                  Comment
                  • speez11
                    SBR High Roller
                    • 04-14-12
                    • 177

                    #6134
                    Originally posted by dlunc3
                    crazy how this boston team just finds ways to screw up
                    Comment
                    • brucethebear
                      SBR Wise Guy
                      • 08-16-10
                      • 724

                      #6135
                      Originally posted by dlunc3
                      yea, i mean it wasnt the easiest play in the world, but you gotta make that catch... and yea nothing like watching lester implode after looking solid through 4 innings thusfar
                      I agree, it was a regulation back hander that should have been taken.
                      Comment
                      • Love The Action
                        SBR Posting Legend
                        • 11-08-10
                        • 10952

                        #6136
                        MLB 2012 Regular Season 4/24/2012

                        Play #1

                        Nationals ML (-110) 1x (Locked)

                        No reason not to back the Nationals in this spot at a decent price. Richard is no Gonzalez, he is a poor man's Gonzalez. Gio is the better ground ball pitcher, which is Richard's specialty. As far as strikeouts, it's not even close as Gonzalez dominates with a lifetime K% of 22% to Richard's 15%. Offensively, these teams are not that far apart and the Pads actually have the advantage in some advanced categories. However, the Nationals completely dominate when it comes to the bullpen. Considering that the Padres have not excelled at situational hitting like the Nats, I give the edge to Washington on Tuesday. I have the Nats set at -118 giving us 8 cents of value and I am rolling with the Nationals for 1x. Good luck.
                        Last edited by Love The Action; 04-23-12, 10:08 PM.
                        Comment
                        • Love The Action
                          SBR Posting Legend
                          • 11-08-10
                          • 10952

                          #6137
                          Originally posted by Love The Action
                          MLB 2012 Regular Season 4/24/2012

                          Play #1

                          Nationals ML (-110) 1x (Locked)

                          No reason not to back the Nationals in this spot at a decent price. Richard is no Gonzalez, he is a poor man's Gonzalez. Gio is the better ground ball pitcher, which is Richard's specialty. As far as strikeouts, it's not even close as Gonzalez dominates with a lifetime K% of 22% to Richard's 15%. Offensively, these teams are not that far apart and the Pads actually have the advantage in some advanced categories. However, the Nationals completely dominate when it comes to the bullpen. Considering that the Padres have not excelled at situational hitting like the Nats, I give the edge to Washington on Tuesday. I have the Nats set at -118 giving us 8 cents of value and I am rolling with the Nationals for 1x. Good luck.
                          Play #2

                          Royals ML (+125) 1x (Locked)

                          I think we see an early run on Sanchez so I'm locking this one in now. I think we are getting 10 cents of value here and I suspect we see Sanchez make some adjustments since earlier in the year when he was rocked by the Indians. The whole world will be on the Indians with the old-man Lowe pitching and Cabrera returning at shortstop. However, I think the Royals break out of the slump behind a solid outing by Sanchez. KC has the better lineup and know what to expect from Lowe who might not make the adjustments that Sanchez will, considering that Lowe pitched pretty well. As I mentioned, I have this game set at +115 giving us 10 cents of value here and I am rolling with the Royals for 1x. Good luck.
                          Comment
                          • Laissez Faire
                            SBR Wise Guy
                            • 01-31-12
                            • 536

                            #6138
                            thanks for the write ups LTA
                            Comment
                            • SlickRick1382
                              SBR MVP
                              • 10-15-11
                              • 3838

                              #6139
                              Royals poised to finally win one !!!!!
                              Comment
                              • Love The Action
                                SBR Posting Legend
                                • 11-08-10
                                • 10952

                                #6140
                                MLB 2012 Regular Season 4/23/2012 Recap

                                2 - 1 - 1 = +0.85x

                                MLB 2012 Regular Season

                                40 - 31 = +8.38x

                                Another push with the Red Sox, but that was the risk we took playing the -1RL and we move on. Good luck.
                                Comment
                                • SlickRick1382
                                  SBR MVP
                                  • 10-15-11
                                  • 3838

                                  #6141
                                  A plus money day is always plus money.

                                  Can never be mad a that. Good work bro .... Look forward to tomorrow ....
                                  Comment
                                  • LoneStar
                                    Restricted User
                                    • 07-11-09
                                    • 190

                                    #6142
                                    LTA been following your threads for some time now, nice write-ups and congrats on all the hits yesterday. If you don't mine me asking whats your thoughts on the following 2 games

                                    4/24
                                    NYY@TEX - I'm leaning TEX with Yu Darvish although the Japanese sensation hasn't been completely seamless despite having the better ERA (3.57) over our counter partner. I have reason too believe that we have TEX at a fair price -139 as TEX knots the series up 1-1.

                                    SEA@DET

                                    I'm leaning SEA+172 here due to the fact that Vargas is the better pitcher with plus money in this match and what better time for SEA to snap a 4 game losing streak! SEA, has had some success with DET last year in which SEA limited DET too a 4 run average winning 6 of 10.

                                    Whats your thoughts...?
                                    Comment
                                    • Love The Action
                                      SBR Posting Legend
                                      • 11-08-10
                                      • 10952

                                      #6143
                                      Originally posted by Love The Action
                                      MLB 2012 Regular Season 4/24/2012

                                      Play #1

                                      Nationals ML (-110) 1x (Locked)

                                      No reason not to back the Nationals in this spot at a decent price. Richard is no Gonzalez, he is a poor man's Gonzalez. Gio is the better ground ball pitcher, which is Richard's specialty. As far as strikeouts, it's not even close as Gonzalez dominates with a lifetime K% of 22% to Richard's 15%. Offensively, these teams are not that far apart and the Pads actually have the advantage in some advanced categories. However, the Nationals completely dominate when it comes to the bullpen. Considering that the Padres have not excelled at situational hitting like the Nats, I give the edge to Washington on Tuesday. I have the Nats set at -118 giving us 8 cents of value and I am rolling with the Nationals for 1x. Good luck.

                                      Play #2

                                      Royals ML (+125) 1x (Locked)

                                      I think we see an early run on Sanchez so I'm locking this one in now. I think we are getting 10 cents of value here and I suspect we see Sanchez make some adjustments since earlier in the year when he was rocked by the Indians. The whole world will be on the Indians with the old-man Lowe pitching and Cabrera returning at shortstop. However, I think the Royals break out of the slump behind a solid outing by Sanchez. KC has the better lineup and know what to expect from Lowe who might not make the adjustments that Sanchez will, considering that Lowe pitched pretty well. As I mentioned, I have this game set at +115 giving us 10 cents of value here and I am rolling with the Royals for 1x. Good luck.
                                      Play #3

                                      Braves/Dodgers under (7.5)(-105) 1x (Locked)

                                      I'm a little leery about this play as I think it might hit plus odds, but it also has a nice shot at getting juice big time on the under. Minor has unfamiliarity on this side and is starting to round into shape. We have been backing him a lot and will continue to do so in the right spots. Harang is nothing spectacular but will generally give you a quality start and that's all we will need in this game. Both offenses are very solid in the top 3rd of most advanced stats and the Braves have killed Harang in the past, but I feel he will pitch better tomorrow. There are no weather factors supporting the over the ump is Cousins who is relatively neutral. I am rolling with the under for 1x. Good luck.
                                      Comment
                                      • Lakers714
                                        SBR MVP
                                        • 06-17-09
                                        • 4671

                                        #6144
                                        I like the Nats in SD as well but it just seems too easy. I know Richard is SDs best hurler but the Pads r horrendous. I dunno. Is there a reason not to unload on the Nats?
                                        Comment
                                        • Love The Action
                                          SBR Posting Legend
                                          • 11-08-10
                                          • 10952

                                          #6145
                                          Originally posted by LoneStar
                                          LTA been following your threads for some time now, nice write-ups and congrats on all the hits yesterday. If you don't mine me asking whats your thoughts on the following 2 games

                                          4/24
                                          NYY@TEX - I'm leaning TEX with Yu Darvish although the Japanese sensation hasn't been completely seamless despite having the better ERA (3.57) over our counter partner. I have reason too believe that we have TEX at a fair price -139 as TEX knots the series up 1-1.

                                          SEA@DET

                                          I'm leaning SEA+172 here due to the fact that Vargas is the better pitcher with plus money in this match and what better time for SEA to snap a 4 game losing streak! SEA, has had some success with DET last year in which SEA limited DET too a 4 run average winning 6 of 10.

                                          Whats your thoughts...?
                                          I don't like answering these types of questions because I don't like talking people out of winning plays. However, you have to realize that if I am not playing a game, it's because I don't like it for one reason or another. In this case, I don't like either of those plays and don't see any value.

                                          Although Darvish should be the better pitcher, that is not necessarily the case. Kuroda is the most seasoned MLB pitcher and I am sure he will be motivated to go against a Pacific-based player that gets more press than he does. I like Kuroda and until I see more from Darvish, there is no way he should be priced around -145ish. I think the value is squarely on the Yankees in that game, but it's a better pass imho.

                                          As far as Seattle, I don't see any value there as I think that price is fairly accurate. I don't know what makes you think Vargas is a better pitcher than Sherzer, but I would strongly disagree with that statement. To me, Detroit has the clear advantage in both pitcher and offense and that price is accurate. No play for me.

                                          Good luck in whatever you choose and I hope you cash.
                                          Comment
                                          • Love The Action
                                            SBR Posting Legend
                                            • 11-08-10
                                            • 10952

                                            #6146
                                            Originally posted by Lakers714
                                            I like the Nats in SD as well but it just seems too easy. I know Richard is SDs best hurler but the Pads r horrendous. I dunno. Is there a reason not to unload on the Nats?
                                            Because it's poor money management to "unload" on anyone. I am playing the Nats for 1x and they are no more than a 1x play. GL.
                                            Comment
                                            • Love The Action
                                              SBR Posting Legend
                                              • 11-08-10
                                              • 10952

                                              #6147
                                              MLB 2012 Regular Season 4/23/2012 Recap

                                              2 - 1 - 1 = +0.85x

                                              MLB 2012 Regular Season

                                              40 - 31 - 5 = +8.38x

                                              I think I am going to keep track of pushes this season. Here is my updated record from last night with pushes for the year. Last year I had an inordinate amount of pushes and this season has started out the same way. Let's hope those pushes turn to wins soon....good luck.
                                              Comment
                                              • pacocn
                                                SBR Posting Legend
                                                • 07-05-10
                                                • 12934

                                                #6148
                                                Lta, i am happy to see that you are on play 1 and 2 also,
                                                gives me a great vote of confidence. Bol today .
                                                I also like the Athletics in this spot.
                                                Comment
                                                • Les_Nuts
                                                  SBR Wise Guy
                                                  • 02-01-12
                                                  • 931

                                                  #6149
                                                  Love the Nationals play, Gio has been looking great so far
                                                  Comment
                                                  • guil0000
                                                    SBR Sharp
                                                    • 01-18-11
                                                    • 472

                                                    #6150
                                                    Any thoughts on Alvarez? I have been high on him last season but he has disappointed me so far this year.
                                                    Comment
                                                    • MidgetTossers
                                                      SBR Posting Legend
                                                      • 11-06-09
                                                      • 13376

                                                      #6151
                                                      Giants playing good ball right now and Cain is on the bump tonight..Hes given up 3 hits in his last 18 inning pitched..seems like a great price..Maybe too good?
                                                      Comment
                                                      • Love The Action
                                                        SBR Posting Legend
                                                        • 11-08-10
                                                        • 10952

                                                        #6152
                                                        Originally posted by Love The Action
                                                        MLB 2012 Regular Season 4/24/2012

                                                        Play #1

                                                        Nationals ML (-110) 1x (Locked)

                                                        No reason not to back the Nationals in this spot at a decent price. Richard is no Gonzalez, he is a poor man's Gonzalez. Gio is the better ground ball pitcher, which is Richard's specialty. As far as strikeouts, it's not even close as Gonzalez dominates with a lifetime K% of 22% to Richard's 15%. Offensively, these teams are not that far apart and the Pads actually have the advantage in some advanced categories. However, the Nationals completely dominate when it comes to the bullpen. Considering that the Padres have not excelled at situational hitting like the Nats, I give the edge to Washington on Tuesday. I have the Nats set at -118 giving us 8 cents of value and I am rolling with the Nationals for 1x. Good luck.

                                                        Play #2

                                                        Royals ML (+125) 1x (Locked)

                                                        I think we see an early run on Sanchez so I'm locking this one in now. I think we are getting 10 cents of value here and I suspect we see Sanchez make some adjustments since earlier in the year when he was rocked by the Indians. The whole world will be on the Indians with the old-man Lowe pitching and Cabrera returning at shortstop. However, I think the Royals break out of the slump behind a solid outing by Sanchez. KC has the better lineup and know what to expect from Lowe who might not make the adjustments that Sanchez will, considering that Lowe pitched pretty well. As I mentioned, I have this game set at +115 giving us 10 cents of value here and I am rolling with the Royals for 1x. Good luck.

                                                        Play #3

                                                        Braves/Dodgers under (7.5)(-105) 1x (Locked)

                                                        I'm a little leery about this play as I think it might hit plus odds, but it also has a nice shot at getting juice big time on the under. Minor has unfamiliarity on this side and is starting to round into shape. We have been backing him a lot and will continue to do so in the right spots. Harang is nothing spectacular but will generally give you a quality start and that's all we will need in this game. Both offenses are very solid in the top 3rd of most advanced stats and the Braves have killed Harang in the past, but I feel he will pitch better tomorrow. There are no weather factors supporting the over the ump is Cousins who is relatively neutral. I am rolling with the under for 1x. Good luck.

                                                        Play #4

                                                        Giants/Reds under (7.5)(-115) 1x (Locked)


                                                        I have this game set at 6.46 giving us over one run of value and I am rolling with the under for 1x. Good luck.
                                                        Comment
                                                        • BigBoi
                                                          SBR MVP
                                                          • 04-01-11
                                                          • 1084

                                                          #6153
                                                          I remember last year that your model loves games when Matt Latos is pitching. Today I guess isnt any different and rightfully so after SF flying in after a double dip with Cain on the bump.
                                                          Comment
                                                          • kts
                                                            SBR High Roller
                                                            • 02-15-10
                                                            • 195

                                                            #6154
                                                            Cincinnati 5x
                                                            NY Mets 5x
                                                            Comment
                                                            • Blood Drake
                                                              SBR High Roller
                                                              • 12-23-11
                                                              • 101

                                                              #6155
                                                              Units across sports

                                                              LTA and followers,

                                                              I am relatively new to sports betting. About 2 years on football and one year on hoops. I would like to start following baseball but was unsure of how to approach unit size in a sport with so many games each and everyday. I usually bet 1 - 5 units per play on the other sports ($100 on football and $50) on basketball. Bets are usually spreads and totals. How would you suggest transitioning that to wagering on baseball where games are ML or total runs? How do I select unit size when wagering on ML bets that have varying amounts?

                                                              Any helpful comments or directions to other resources would be greatly appreciated.
                                                              Comment
                                                              • absolutkaos
                                                                SBR High Roller
                                                                • 12-29-11
                                                                • 213

                                                                #6156
                                                                Originally posted by Blood Drake
                                                                LTA and followers,

                                                                I am relatively new to sports betting. About 2 years on football and one year on hoops. I would like to start following baseball but was unsure of how to approach unit size in a sport with so many games each and everyday. I usually bet 1 - 5 units per play on the other sports ($100 on football and $50) on basketball. Bets are usually spreads and totals. How would you suggest transitioning that to wagering on baseball where games are ML or total runs? How do I select unit size when wagering on ML bets that have varying amounts?

                                                                Any helpful comments or directions to other resources would be greatly appreciated.
                                                                I started the MLB season at about 1/2 of my unit size that I play in NBA. It really ultimately depends on the size of your bankroll, as with MLB, I'm finding that LTA offers up a fair number of games every day, and you want to be sure that your BR can "weather the storm" if a bad streak of variance hits.

                                                                LTA also mentioned its a good idea to start the season off with smaller units, and then as the stats improve his model, he would suggest moving up your unit to something that you feel more comfortable with.

                                                                In the NBA he has always said that you should be looking at the following ratio: (1 unit = 3-5% of BR)

                                                                I can only assume this carries over into MLB. Good luck with the MLB this year, it's my first year investing on MLB as well.
                                                                Comment
                                                                • Blood Drake
                                                                  SBR High Roller
                                                                  • 12-23-11
                                                                  • 101

                                                                  #6157
                                                                  Don't really have a static bankroll...probably something that I should look at after the beating I took the last two weeks in the NBA! Usually just bet whatever left over money I have that isn't paying bills or going into savings. Since this is new I think that would be good for baseball.

                                                                  The ML still confuses me. Royals are ML +125 so I get betting 100 wins 125 but how does that work if I want to bet 20, 25, 50, etc for a unit size?
                                                                  Comment
                                                                  • BigBoi
                                                                    SBR MVP
                                                                    • 04-01-11
                                                                    • 1084

                                                                    #6158
                                                                    you win 1 and a quarter of what you are risking on the royals.
                                                                    EX:
                                                                    20 wins 25
                                                                    25 wins 31.25
                                                                    50 wins 62.50

                                                                    For the Nats its the other way at -110 you risk
                                                                    22 wins 20
                                                                    27.50 wins 25
                                                                    55 wins 50
                                                                    Comment
                                                                    • Blood Drake
                                                                      SBR High Roller
                                                                      • 12-23-11
                                                                      • 101

                                                                      #6159
                                                                      Thanks BigBoi, that makes more sense now. It was the negative MLs that were giving me problems. Guess now all I gotta do is follow the thread and learn how to spot value plays.
                                                                      Comment
                                                                      • BiffTFinancial
                                                                        SBR Posting Legend
                                                                        • 01-29-09
                                                                        • 22670

                                                                        #6160
                                                                        Originally posted by Blood Drake
                                                                        Don't really have a static bankroll...probably something that I should look at after the beating I took the last two weeks in the NBA! Usually just bet whatever left over money I have that isn't paying bills or going into savings. Since this is new I think that would be good for baseball.

                                                                        The ML still confuses me. Royals are ML +125 so I get betting 100 wins 125 but how does that work if I want to bet 20, 25, 50, etc for a unit size?
                                                                        there are two ways of doing this:

                                                                        (1) making all of your bets a flat amount (say, $100) regardless of whether you're playing + or - ML (so if -120, you lay 100 to win 83.33; if +120, you lay 100 to win 120)

                                                                        (2) your + ML risk amount = your - ML to win amount (so if -120, lay 120 to win 100; if +120, lay 100 to win 120)

                                                                        some people here use one, some the other. the difference it how you treat a ML fave, as both ways treat dog the same way.

                                                                        i can't speak for LTA, and surely, his insight is more valuable than mine. i use the latter method (in part because i don't play big ML faves, prefer not to go above -120 and rarely above -130), and i think that the key is that you use whatever method you employ consistently.

                                                                        hope this helps.
                                                                        Last edited by BiffTFinancial; 04-24-12, 04:05 PM.
                                                                        Comment
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