Nunya's Completely Unrelated to MMA betting Value Bus.

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  • NunyaBidness
    SBR Hall of Famer
    • 07-26-09
    • 9345

    #561
    Sportsbook separated their non-US and US product a year ago. I've heard they used a completely different line set. US Customers are still with sportsbook.com.
    Comment
    • Sacrelicious
      SBR Hall of Famer
      • 11-29-12
      • 5984

      #562
      Originally posted by PunisherIND
      i hear you man. i consider these to be a little bit of a degen bet myself. but just to support the previous point with an example, i was able to get some fantastic lines (it would appear) just by comparing the lines at pinny and paddy, with the lines at my books. i saw that the european books had scola closer to +400, so i played it at +700. bertone was around +1000 at the euros so i played him at +2000. he's +600 now. a little line comparison can go a long way! but then you also have to keep in mind, these small markets are illiquid, especially early on, so you're taking a risk even when line shopping. e.g., if you played arinze early on, say around +700, it may have seemed like a bargain since he was +300 at some books. he's currently in the +3000 range.
      I agree with the degen bet, it certainly is a degen bet.

      Honestly, the only reason I'm on Turkston is for the reasons outlined above, and its not much because the field is so wide. I just think that he probably has an advantage, because between the first and second elimination voting rounds when the feats of strength take place, I can see him eliminating alot of his competition.
      Comment
      • Sacrelicious
        SBR Hall of Famer
        • 11-29-12
        • 5984

        #563
        Originally posted by NunyaBidness
        Let me say, I spent way more than 20 minutes on this. I was capping openers very early on. Rechecking lines daily. Figuring out new prices after every award show. Probably 30% of my profits came from stale lines at the end, but the rest was work.
        Oh of course, and with the number of plays and the amount you made I dont doubt it for a second. It will be a large project and experiment for me next year, I had no idea the amount of value that existed here.
        Comment
        • Grabaka
          SBR MVP
          • 02-19-11
          • 3216

          #564
          Degen and blasphemous! I LOVE it.
          Comment
          • NunyaBidness
            SBR Hall of Famer
            • 07-26-09
            • 9345

            #565
            Pinny wants that 2H Old Dominion Money.
            Comment
            • NunyaBidness
              SBR Hall of Famer
              • 07-26-09
              • 9345

              #566
              Why are all the weird smiley face scammers targeting my thread?
              Comment
              • Sacrelicious
                SBR Hall of Famer
                • 11-29-12
                • 5984

                #567
                Hey question for you if you want to answer it, as you clearly know what you are talking about.

                Have you ever employed a chase system or something like it in order to extract some marginal value from a market that you may not be personally interested in, and in your opinion, is it worthwhite to do so?
                Comment
                • NunyaBidness
                  SBR Hall of Famer
                  • 07-26-09
                  • 9345

                  #568
                  Originally posted by Sacrelicious
                  Hey question for you if you want to answer it, as you clearly know what you are talking about.

                  Have you ever employed a chase system or something like it in order to extract some marginal value from a market that you may not be personally interested in, and in your opinion, is it worthwhite to do so?
                  No, never, don't do it.

                  A chase system is a variation of a Martingale.

                  There is no method of bet sizing that can turn a -EV bet into a +EV bet. Teams don't become due for wins or losses just because they've had a certain number of wins or losses.

                  All a chase does is increase your variance. I posted about this very recently, possibly even in this thread. There was a MLB chase thread where guys were bragging about being up huge, and then all got slaughtered when a few bad runs came in.

                  There's a great scene in the movie In America involving a Martingale. Terrific movie, and does a good job drawing you into the terror of that moment.
                  Comment
                  • Sacrelicious
                    SBR Hall of Famer
                    • 11-29-12
                    • 5984

                    #569
                    Appreciate the response, I was thinking much along the same lines. I'm trying to figure out a way to extract value from something that I am not a fan of, or have any personal interest or emtions invested into.

                    It seems to me that the most logical approach to cap for actual profit as opposed to action (as I do with MMA, given that I am a huge fan) is to do just that, find a sport I dont give 2 shits about and start analyzing it pragmatically and look for an edge.
                    Comment
                    • The iron sheik
                      SBR MVP
                      • 01-17-13
                      • 1105

                      #570
                      Originally posted by NunyaBidness
                      No, never, don't do it.

                      A chase system is a variation of a Martingale.

                      There is no method of bet sizing that can turn a -EV bet into a +EV bet. Teams don't become due for wins or losses just because they've had a certain number of wins or losses.

                      All a chase does is increase your variance. I posted about this very recently, possibly even in this thread. There was a MLB chase thread where guys were bragging about being up huge, and then all got slaughtered when a few bad runs came in.

                      There's a great scene in the movie In America involving a Martingale. Terrific movie, and does a good job drawing you into the terror of that moment.
                      I'm not sure was it this thread or some other one in this section, but someone mentioned that wallco NHL system thing. I thought it was somewhat interesting and not nearly as obnoxiously retarded as Martingale-type things.

                      That said I do agree with you 100% and wouldn't subscribe to those kinds of things, but I can understand the appeal when it comes to NHL.
                      Comment
                      • hobbesITD
                        SBR Sharp
                        • 01-06-13
                        • 284

                        #571
                        Originally posted by The iron sheik
                        I'm not sure was it this thread or some other one in this section, but someone mentioned that wallco NHL system thing. I thought it was somewhat interesting and not nearly as obnoxiously retarded as Martingale-type things.

                        That said I do agree with you 100% and wouldn't subscribe to those kinds of things, but I can understand the appeal when it comes to NHL.
                        The Wallco hockey system is based on the premise that NHL teams typically don't win 6 games in a row. They wait for Team A to win 3 straight, then bet against Team A for games 4, 5, an 6 in increasing amounts. It's retarded.

                        An NHL team winning 6 games in a row is rare. An NHL team winning 6 games in a row after playing and winning 5 of those games is common. It's the same mindset as a roulette player betting on black after red hits 5 times because "black is due".
                        Comment
                        • The iron sheik
                          SBR MVP
                          • 01-17-13
                          • 1105

                          #572
                          Originally posted by hobbesITD
                          The Wallco hockey system is based on the premise that NHL teams typically don't win 6 games in a row. They wait for Team A to win 3 straight, then bet against Team A for games 4, 5, an 6 in increasing amounts. It's retarded.

                          An NHL team winning 6 games in a row is rare. An NHL team winning 6 games in a row after playing and winning 5 of those games is common. It's the same mindset as a roulette player betting on black after red hits 5 times because "black is due".
                          Yes, and like I said I wouldn't play that.

                          I just think it's more sensib...no, I mean less retarded, than the mentioned Martingale(based systems of any kind). Because at least from what I understand, that wallco thing doesn't end up with you stringing yourself to the nearest lampost because you pushed 2^64 units into something. I might be wrong about that wallco thing though, but as I understand it doesn't fiddle with the wagering amounts exponentially? Sounds like you'll make under 100% just like guesstimating those same NHL games.
                          Comment
                          • MD
                            SBR Hall of Famer
                            • 01-31-12
                            • 9728

                            #573
                            Originally posted by The iron sheik
                            Yes, and like I said I wouldn't play that.

                            I just think it's more sensib...no, I mean less retarded, than the mentioned Martingale(based systems of any kind). Because at least from what I understand, that wallco thing doesn't end up with you stringing yourself to the nearest lampost because you pushed 2^64 units into something. I might be wrong about that wallco thing though, but as I understand it doesn't fiddle with the wagering amounts exponentially? Sounds like you'll make under 100% just like guesstimating those same NHL games.
                            Martingale is far less retarded than gambler's fallacy, I think.
                            Comment
                            • The iron sheik
                              SBR MVP
                              • 01-17-13
                              • 1105

                              #574
                              Originally posted by MD
                              Martingale is far less retarded than gambler's fallacy, I think.
                              I think they're both equally retarded
                              In some sense, I guess gambler's fallacy does have a lot to do with those chase systems. Hard time explaining what I mean in english, but in some sense I can understand people subscribing to hot/cold streaks in sports like hockey. Now, I don't do that and wouldn't recommend it to anyone, but I'm not entirely convinced there isn't something to be learned from past events. Meaning, when I bet on hockey I do count in past performance to some extent. That certainly isn't a chase system and I guess a bit off from what is discussed but hey...

                              By no means did I mean to defend that wallco system, by the way. Just to make it clear
                              Comment
                              • NunyaBidness
                                SBR Hall of Famer
                                • 07-26-09
                                • 9345

                                #575
                                Originally posted by The iron sheik
                                I think they're both equally retarded
                                In some sense, I guess gambler's fallacy does have a lot to do with those chase systems. Hard time explaining what I mean in english, but in some sense I can understand people subscribing to hot/cold streaks in sports like hockey. Now, I don't do that and wouldn't recommend it to anyone, but I'm not entirely convinced there isn't something to be learned from past events. Meaning, when I bet on hockey I do count in past performance to some extent. That certainly isn't a chase system and I guess a bit off from what is discussed but hey...

                                By no means did I mean to defend that wallco system, by the way. Just to make it clear

                                The problem is nobody is doing the math.

                                If someone was to say, "I have a theory that NHL teams who lose three games in a row become undervalued due to either the public undervaluing them or increased motivation." and then compared the data to see if that held true, there might be something there. Every sports bettor has opinions, very few do any research to back it up.

                                And valuable data sets like this do exist all over the place. Some of them are so easy and obvious I don't know why the market hasn't corrected for them.
                                Comment
                                • Beelzebubzy
                                  SBR Hall of Famer
                                  • 06-06-11
                                  • 6995

                                  #576
                                  Sports betting and handicapping forum: discuss picks, odds, and predictions for upcoming games and results on latest bets.


                                  Not sure if this has been posted recently.
                                  Comment
                                  • PunisherIND
                                    SBR MVP
                                    • 02-24-11
                                    • 4983

                                    #577
                                    Argentina's Jorge Bergoglio is the new pope.
                                    Comment
                                    • Sacrelicious
                                      SBR Hall of Famer
                                      • 11-29-12
                                      • 5984

                                      #578
                                      Comment
                                      • Grabaka
                                        SBR MVP
                                        • 02-19-11
                                        • 3216

                                        #579
                                        Penetrating Nunya
                                        Comment
                                        • Grabaka
                                          SBR MVP
                                          • 02-19-11
                                          • 3216

                                          #580
                                          Ha just joking maestro
                                          Comment
                                          • Vaughany
                                            SBR Aristocracy
                                            • 03-07-10
                                            • 45563

                                            #581
                                            None of those come closer to the Gaberz System.
                                            Comment
                                            • PunisherIND
                                              SBR MVP
                                              • 02-24-11
                                              • 4983

                                              #582
                                              Originally posted by PunisherIND
                                              Argentina's Jorge Bergoglio is the new pope.
                                              the line for this dude was 80-1
                                              Comment
                                              • Grabaka
                                                SBR MVP
                                                • 02-19-11
                                                • 3216

                                                #583
                                                Wow Argentinian and pope. What else can go wrong for this dude? is he black?
                                                Comment
                                                • Grabaka
                                                  SBR MVP
                                                  • 02-19-11
                                                  • 3216

                                                  #584
                                                  Just joking fellas. Its from a joke well known in Mex. Grabaka likes everyone equally.
                                                  Comment
                                                  • NunyaBidness
                                                    SBR Hall of Famer
                                                    • 07-26-09
                                                    • 9345

                                                    #585
                                                    Told you guys all the value was on the NOT lines.

                                                    Got in on Not Turkson, but thats it.
                                                    Comment
                                                    • PunisherIND
                                                      SBR MVP
                                                      • 02-24-11
                                                      • 4983

                                                      #586
                                                      Originally posted by NunyaBidness
                                                      Told you guys all the value was on the NOT lines.

                                                      Got in on Not Turkson, but thats it.
                                                      shoulda listened
                                                      Comment
                                                      • Vaughany
                                                        SBR Aristocracy
                                                        • 03-07-10
                                                        • 45563

                                                        #587
                                                        Originally posted by Grabaka
                                                        Wow Argentinian and pope. What else can go wrong for this dude? is he black?
                                                        lol I liked it
                                                        Comment
                                                        • Sacrelicious
                                                          SBR Hall of Famer
                                                          • 11-29-12
                                                          • 5984

                                                          #588
                                                          Originally posted by Grabaka
                                                          Wow Argentinian and pope. What else can go wrong for this dude? is he black?
                                                          Comment
                                                          • MD
                                                            SBR Hall of Famer
                                                            • 01-31-12
                                                            • 9728

                                                            #589
                                                            I just took Ross Pearson -290.

                                                            Thoughts on how the line will move, guys? Not sure if I feel square or not. I really can't see the public backing Couture, but I wouldn't be too surprised to see the line improve a little bit in the future.
                                                            Comment
                                                            • Sacrelicious
                                                              SBR Hall of Famer
                                                              • 11-29-12
                                                              • 5984

                                                              #590
                                                              -400 now. I'd be shocked if it got any better then -300.
                                                              Comment
                                                              • Vaughany
                                                                SBR Aristocracy
                                                                • 03-07-10
                                                                • 45563

                                                                #591
                                                                Wnt from -250 or -275 to -333 on Paddypower didnt it, expect to see same elsewhere
                                                                Comment
                                                                • Grabaka
                                                                  SBR MVP
                                                                  • 02-19-11
                                                                  • 3216

                                                                  #592
                                                                  Originally posted by Sacrelicious
                                                                  Comment
                                                                  • DiggityDaggityDo
                                                                    SBR Aristocracy
                                                                    • 11-30-08
                                                                    • 81450

                                                                    #593
                                                                    Originally posted by Grabaka
                                                                    Wow Argentinian and pope. What else can go wrong for this dude? is he black?
                                                                    Comment
                                                                    • Vaughany
                                                                      SBR Aristocracy
                                                                      • 03-07-10
                                                                      • 45563

                                                                      #594
                                                                      Originally posted by Grabaka
                                                                      Just joking fellas. Its from a joke well known in Mex. Grabaka likes everyone equally.
                                                                      ha reminded me of this...

                                                                      Comment
                                                                      • Boxscout
                                                                        SBR High Roller
                                                                        • 12-20-12
                                                                        • 222

                                                                        #595
                                                                        So, is it safe to assume the Argentinean cheated somehow? Hand of God 2.0?
                                                                        Comment
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