Is a -110 really a 4.55% disadvantage against the book? Is pushing already factored?

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  • oiris11
    SBR Rookie
    • 08-18-11
    • 2

    #1
    Is a -110 really a 4.55% disadvantage against the book? Is pushing already factored?
    If I bet a game ATS (lets assume college basketball) blind, I'm supposed to lose 4.55% in the long run, right?

    This is, if I bet $110, I'm expected to lose $10 for every $220 invested. (50% of the time I lose $110 and 50% I win $100)

    BUT

    Lets say I bet blind all the games whose closing line at all or almost all SBs is +7.

    According to the half-point calculator, there's a 4.03% of a PUSH, therefore I'm not losing and winning anymore 50% of the time, right?

    Lets round to 4%, so, I push 4%, win 48% and lose 48%

    Therefore

    EV%=((100*.48) - (110*.48))/110 = -4.36% instead of -4.55%

    Same for every other number

    Am I doing this wrong?
  • byronbb
    SBR MVP
    • 11-13-08
    • 3067

    #2
    Always wondered if books cared about dealing a flat number vs the half-point.

    Had a look at Nevada Gaming Revenue reports. Basketball is the most profitable sports for the books.
    Last edited by byronbb; 02-19-13, 05:39 PM.
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    • statnerds
      SBR MVP
      • 09-23-09
      • 4047

      #3
      Wouldn't it be easier to play reduced juice at -105 instead of all of the fancy pants bells and whistle, assuming your goal is lower the House Edge.
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      • GunShard
        SBR Posting Legend
        • 03-05-10
        • 10031

        #4
        Originally posted by byronbb
        Always wondered if books cared about dealing a flat number vs the half-point.

        Had a look at Nevada Gaming Revenue reports. Basketball is the most profitable sports for the books.
        Very true. I read that report as well. The public won more money on Football than Basketball.
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        • HUY
          SBR Sharp
          • 04-29-09
          • 253

          #5
          Originally posted by GunShard
          Very true. I read that report as well. The public won more money on Football than Basketball.
          Are you guys referring to these data: http://gaming.nv.gov/index.aspx?page=149 ? If so, how do you make sense of that data?
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