I started with a $1000 bankroll 3 weeks ago and now I have a $3500 bankroll. 99% of my bets were -EV.
Does it matter when I request a check for $2500 today?
It matters that you have no clue what +EV means.
Comment
pavyracer
SBR Aristocracy
04-12-07
82666
#73
Originally posted by HUY
It matters that you have no clue what +EV means.
I know what it is. I just don't use it in my bets cause I win betting -EV all the time. Follow the sharp money.
Comment
The Kraken
BARRELED IN @ SBR!
12-25-11
29085
#74
Think Tanked
like any fukkers in here know about EV
Comment
The Giant
SBR Posting Legend
01-21-12
21480
#75
The Kraken understands gambling verbiage better than anyone in the industry.
When he speaks, just do what he says. Don't ask questions.
Comment
V4Value
SBR Sharp
09-01-13
368
#76
Originally posted by The Kraken
Think Tanked
like any fukkers in here know about EV
lol This thread won't end and out of most of the posts only 2 or 3 give a general description of what it means, the rest is PRIME TIME examples.
Comment
BriGuy
SBR MVP
12-06-11
1416
#77
Originally posted by The Kraken
You have no clue what + and - even really is
It is not a term you use when you feel good about a bet
Its a mathematical concept, more specifically a statistics concept
Ive taken stats, you guys clearly are using it wrong
People will use it to justify taking a bet that will probably lose, but has a positive expected value. For example, suppose I bet that the next roll of a 6-sided die will be 1, and the payout if I win is 10-1. I expect I am going to lose, but that bet sure has a +EV, so it's a good play. Similarly, suppose I calculate a 1 in 6 chance Philly beats Denver and the ML for Philly is +1000 (this is just an example, the line is not actually that high). There's nothing wrong with me coming in here and saying I calculate a +EV on Philly. However, as is the case with everything in here, it all comes down to our abilities to prognosticate. If I take 20 games where I calculate a team has a 1 in 6 chance of winning, but then none of those teams do, then my prognostication, not my math, skills are to blame.
Comment
Albert Pujols
SBR MVP
06-01-10
1670
#78
Originally posted by pavyracer
I know what it is. I just don't use it in my bets cause I win betting -EV all the time. Follow the sharp money.
Don't be ridiculous. If you win consistently, you have an edge, and therefore are betting +ev plays. It's that simple.
Is Brock Landers betting +ev? No, but that guy could hit 65% and still lose. Grinding +ev with discipline is the only way to win. Period.
Comment
onemoregoal
SBR Hall of Famer
02-04-13
8149
#79
Originally posted by BriGuy
People will use it to justify taking a bet that will probably lose, but has a positive expected value. For example, suppose I bet that the next roll of a 6-sided die will be 1, and the payout if I win is 10-1. I expect I am going to lose, but that bet sure has a +EV, so it's a good play. Similarly, suppose I calculate a 1 in 6 chance Philly beats Denver and the ML for Philly is +1000 (this is just an example, the line is not actually that high). There's nothing wrong with me coming in here and saying I calculate a +EV on Philly. However, as is the case with everything in here, it all comes down to our abilities to prognosticate. If I take 20 games where I calculate a team has a 1 in 6 chance of winning, but then none of those teams do, then my prognostication, not my math, skills are to blame.
best answer.
Comment
The Kraken
BARRELED IN @ SBR!
12-25-11
29085
#80
Originally posted by BriGuy
People will use it to justify taking a bet that will probably lose, but has a positive expected value. For example, suppose I bet that the next roll of a 6-sided die will be 1, and the payout if I win is 10-1. I expect I am going to lose, but that bet sure has a +EV, so it's a good play. Similarly, suppose I calculate a 1 in 6 chance Philly beats Denver and the ML for Philly is +1000 (this is just an example, the line is not actually that high). There's nothing wrong with me coming in here and saying I calculate a +EV on Philly. However, as is the case with everything in here, it all comes down to our abilities to prognosticate. If I take 20 games where I calculate a team has a 1 in 6 chance of winning, but then none of those teams do, then my prognostication, not my math, skills are to blame.
Maybe your prognostication math skills are to blame. Regardless, if you ever find a +even play, you gotta go all in. You have a +expectation of winning.
Comment
BriGuy
SBR MVP
12-06-11
1416
#81
Originally posted by The Kraken
Maybe your prognostication math skills are to blame. Regardless, if you ever find a +even play, you gotta go all in. You have a +expectation of winning.
That's not necessarily true. You have to consider how often a +EV play comes about. If +EV plays come about fairly frequently, it won't do much good if you're bankrupt because you went all-in on the last one and it didn't pan out.
Comment
nikkaaay
SBR Rookie
08-08-13
38
#82
Originally posted by The Giant
The Kraken understands gambling verbiage better than anyone in the industry.
When he speaks, just do what he says. Don't ask questions.
The Kraken understands gambling verbage better than anyone.