What makes me absolutely sick about sports betting.

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Justin3587
    SBR MVP
    • 08-29-12
    • 2566

    #1
    What makes me absolutely sick about sports betting.
    I take the raptors -1.5 risking 105 to win 100 (2H that is)

    Then I take the Kings ML risking 100 to win 120 (2H as well)

    Little hedge action trying to either break even or make 15 bucks.

    Can you guess what the fukk happened???
  • ProfaneReality
    SBR Hall of Famer
    • 04-14-09
    • 7607

    #2
    Why are you risking 205 to win 15 in the first place

    AND you did it straddling a key number in basketball
    Comment
    • mw00
      SBR Wise Guy
      • 07-17-08
      • 702

      #3
      well not to play monday morning qb but wth are you risking 200 to win the most is 15 bux..hate to say it but thats just retarded. i can see the type of bets where you have a chance of hitting both and taking a chance on juice..come on man.
      Comment
      • Justin3587
        SBR MVP
        • 08-29-12
        • 2566

        #4
        Come on man, 1 point though? What are the chances? Especially with the Raptors being down like 10 at half time?
        Comment
        • Popcorn Trick
          SBR Wise Guy
          • 10-20-12
          • 810

          #5
          Sorry, for the loss, but you were begging for a bad beat with a bet like that....Only a half of ball to play to boot.
          Comment
          • Justin3587
            SBR MVP
            • 08-29-12
            • 2566

            #6
            I dunno, I guess I just looked at it like it was a free 15 bucks.
            Comment
            • Justin3587
              SBR MVP
              • 08-29-12
              • 2566

              #7
              or break even ya know?
              Comment
              • MoneylineExpress
                SBR MVP
                • 04-18-11
                • 1439

                #8
                Sorry bro, but when it comes to percentages that was just a plain dumb bet.
                Comment
                • Popcorn Trick
                  SBR Wise Guy
                  • 10-20-12
                  • 810

                  #9
                  I feel for ya...Yesterday a garbage three pointer at the buzzer rocked my world.
                  Comment
                  • Justin3587
                    SBR MVP
                    • 08-29-12
                    • 2566

                    #10
                    Originally posted by MoneylineExpress
                    Sorry bro, but when it comes to percentages that was just a plain dumb bet.
                    How so though? I mean what was the percentage that the 2h ends up one point in the Raptors favor?
                    Comment
                    • GreekMagic
                      SBR High Roller
                      • 08-18-11
                      • 181

                      #11
                      If theres a chance then theres a chance you'll lose. Why don't you bet a grand on a 20 point lead blow out before half or a soccer game with a 3 goal lead at 1.10 to win $100. Very slim chance you'll lose, but theres still a chance
                      Comment
                      • Goat Milk
                        BARRELED IN @ SBR!
                        • 03-24-10
                        • 25850

                        #12
                        Originally posted by Justin3587
                        Come on man, 1 point though? What are the chances? Especially with the Raptors being down like 10 at half time?
                        What does that mean? Down 10 at half time? I once saw Tracy McGrady score 13 points in 33 seconds by himself. I've witnessed 35 point comebacks in the NBA. I watched Dirk Nowitzski single handedly bring his team back in game 2 of the NBA finals down 15 points with 5 minutes to go and win the game at the buzzer...It's the NBA bro not Michigan St. vs. Gonzaga.

                        Bad loss though. Sorry.
                        Cause Sleep is the Cousin of Death
                        Comment
                        • Avenger
                          SBR MVP
                          • 03-15-11
                          • 2119

                          #13
                          They are on to you...
                          Comment
                          • Duff85
                            SBR MVP
                            • 06-15-10
                            • 2920

                            #14
                            This is terrible. The only time you might look at playing a polish middle is in a push/loss situation on a non-key number in football - or one where you have done the numbers and you win it enough to be profitable. The latter i'm going to say is beyond your skillset at the moment, the former is risky too. My advice - avoid middles, hedging, parlays etc etc etc until you become good at this.
                            Comment
                            • STAY STRONG
                              SBR MVP
                              • 03-07-10
                              • 2498

                              #15
                              Rookie.
                              Comment
                              • boeing power
                                SBR Hall of Famer
                                • 03-23-10
                                • 9698

                                #16
                                Justin,

                                You can't be a real person.

                                Nobody is that fuking stupid.
                                Comment
                                • Justin3587
                                  SBR MVP
                                  • 08-29-12
                                  • 2566

                                  #17
                                  Originally posted by boeing power
                                  Justin,

                                  You can't be a real person.

                                  Nobody is that fuking stupid.
                                  You're an ass.
                                  Comment
                                  • byronbb
                                    SBR MVP
                                    • 11-13-08
                                    • 3067

                                    #18
                                    IF you placed these at the same time this is a good bet because long term it is a $4.6 loser and a $7.33 winner. You basically get screwed like this 2.25% of the time.
                                    (1-0.0225 * ($15+0)/2) - ($205*0.0225)
                                    = $7.33-$4.61
                                    = $2.72

                                    If you hedged live then you basically threw away an advantage and paid juice twice.
                                    Comment
                                    • wguan2
                                      SBR Wise Guy
                                      • 02-13-11
                                      • 814

                                      #19
                                      The fact that you did this AND you posted a thread complaining about the results. That's just funny. I'm sorry but it's just funny...
                                      Comment
                                      • Justin3587
                                        SBR MVP
                                        • 08-29-12
                                        • 2566

                                        #20
                                        Originally posted by byronbb
                                        IF you placed these at the same time this is a good bet because long term it is a $4.6 loser and a $7.33 winner. You basically get screwed like this 2.25% of the time.
                                        (1-0.0225 * ($15+0)/2) - ($205*0.0225)
                                        = $7.33-$4.61
                                        = $2.72

                                        If you hedged live then you basically threw away an advantage and paid juice twice.
                                        I placed them at the same time. At halftime. I felt like it was something I couldn't pass up.
                                        Comment
                                        • Ralphie1412
                                          SBR Posting Legend
                                          • 01-29-08
                                          • 13963

                                          #21
                                          free 15 bucks
                                          "This is why my basketball intelligence is unmatched on this site. I'm sure there are better cappers but no one can tell you the strategies of most coaches before the game even starts "
                                          Goat Milk
                                          Comment
                                          • MagicDiceFlow
                                            SBR MVP
                                            • 01-15-12
                                            • 4585

                                            #22
                                            The risk vs reward is definitely not worth it. Sure the risk was minimal but think about it. You have to win about 7 of those bets to equal just one bet of a -110.

                                            Can you imagine suffering through 7 bets??? Gimme the higher risk one bet of -110 any day.
                                            Comment
                                            • matt#1
                                              SBR High Roller
                                              • 11-21-12
                                              • 136

                                              #23
                                              Unlucky mate. At least you will definitely learn from this mistake.
                                              Comment
                                              • AceKingHigh
                                                SBR MVP
                                                • 10-23-09
                                                • 3888

                                                #24
                                                You got bad beat here... I don't think making $15 is what you aim for with risking $200, but if we will look into numbers as + or - EV I can't say for sure it was -EV bet... O_o anyone with a better math might help here... unlucky but next time, don't try to do it like this, and if you believed the ML would be good , just place like $12.5 on it to win $15, this way, your LOSS would be $12.50 instead of a very small but still possible chance to lose $200...
                                                Comment
                                                • El Sol
                                                  SBR Wise Guy
                                                  • 05-17-08
                                                  • 876

                                                  #25
                                                  Originally posted by matt#1
                                                  Unlucky mate. At least you will definitely learn from this mistake.
                                                  This is everything when it comes to betting, the question is which is stronger, Mental discipline or feigning for action.
                                                  Comment
                                                  • crackerjack
                                                    SBR MVP
                                                    • 08-01-06
                                                    • 3366

                                                    #26
                                                    Originally posted by Justin3587
                                                    I dunno, I guess I just looked at it like it was a free 15 bucks.
                                                    I guess you learned the hard way there is no such thing as free money...
                                                    Comment
                                                    • JayLA
                                                      SBR Hall of Famer
                                                      • 09-11-12
                                                      • 7806

                                                      #27
                                                      Tough crowd.
                                                      Comment
                                                      • moguler
                                                        SBR High Roller
                                                        • 03-28-11
                                                        • 219

                                                        #28
                                                        Justin, I understand that's a terribly bad beat. However, anything unplesant can happen when you do sports betting. After all, it's gamble. You can't be sure of anything. I still remember losing my under bet last year when two NBA teams collected 26 points in the last two minutes. Bad beat. Yeah, it happens, and it's one unavoidable feature of sports betting. Don't let that stay in your mind. GL to your next play.
                                                        Comment
                                                        • crackerjack
                                                          SBR MVP
                                                          • 08-01-06
                                                          • 3366

                                                          #29
                                                          If the line was -850 that Toronto wouldn't win the second half by a point, would you have bet $200 on it? You even had worse odds than this as you lose half your bet if the second half ends in a push. There were four outcomes and only one of them netted you a very small return on investment. Just admit regardless of the outcome this time, it was a very poor decision. Were you drinking?
                                                          Comment
                                                          • Brutus84
                                                            SBR Hall of Famer
                                                            • 09-08-11
                                                            • 5188

                                                            #30
                                                            So if Sac wins by 8 you lose 105? If Sac wins by 9+ you win 15? If Toronto loses by 6 or less you push? If Toronto loses by 7 you lose 205? Am I correct? Wtf idiot.
                                                            Comment
                                                            • necro
                                                              SBR MVP
                                                              • 06-07-09
                                                              • 1633

                                                              #31
                                                              Once I thought that putting 4k on Roddick against Gabashvilli to win 600 was a free money, but......
                                                              Comment
                                                              • upscope
                                                                SBR MVP
                                                                • 04-26-11
                                                                • 2837

                                                                #32
                                                                You're not risking $205 to win $15. You're risking $205 to win $7.50 since theoretically half the time you win the $15 & half the time you break even. Throw in the push factor on one side of the bet & technically you are risking $205 to win something like $6

                                                                That's the same payout as betting the ML on a 35-1 fav?? This game lands on 1 in the 2h more often than 35-1

                                                                math could be wrong but anyway u look @ it, I don't like this bet @ all
                                                                Comment
                                                                • 16johnnymac
                                                                  SBR MVP
                                                                  • 10-27-10
                                                                  • 3499

                                                                  #33
                                                                  well dont do that then ok use ur brainUOTE=upscope;17026898]You're not risking $205 to win $15. You're risking $205 to win $7.50 since theoretically half the time you win the $15 & half the time you break even. Throw in the push factor on one side of the bet & technically you are risking $205 to win something like $6

                                                                  That's the same payout as betting the ML on a 35-1 fav?? This game lands on 1 in the 2h more often than 35-1

                                                                  math could be wrong but anyway u look @ it, I don't like this bet @ all[/QUOTE]
                                                                  Comment
                                                                  • RealSlimShady
                                                                    SBR Hall of Famer
                                                                    • 12-24-07
                                                                    • 6249

                                                                    #34
                                                                    Are you Polish??
                                                                    Comment
                                                                    • Smoke
                                                                      SBR Aristocracy
                                                                      • 10-09-09
                                                                      • 48111

                                                                      #35
                                                                      Are you Polish??
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...