A lot of guys of this forum get more excited about beating a closer than they do about actually winning a bet.
Just how important is "beating the closer" ?
jjgold
SBR Aristocracy
07-20-05
388179
#2
Overrated
Just pick winners and Bet the best available line at that moment
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BIGDAY
SBR Aristocracy
02-17-10
48245
#3
Agreed with jj. Pound the winners.
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Tommy Karate
SBR Posting Legend
10-12-13
13445
#4
i think its just important to not get the worst of it when it comes to the available lines throughout the day.
15 years ago, you would see the final closing # come in a few minutes after tip/kick etc....beating that # seemed to hit at 60%+ rate but thats all changed now with the internet.
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Tommy Karate
SBR Posting Legend
10-12-13
13445
#5
Originally posted by jjgold
Overrated
Just pick winners and Bet the best available line at that moment
not sure i agree with that.....so a day trader should just execute at the best bid/offer whenever, rather then waiting for the stock to drop from 21 to 20 if he thinks its overvalued?
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jjgold
SBR Aristocracy
07-20-05
388179
#6
Its pot luck trying to beat the closer
Sometimes your line moves against you and sometimes it does not
Very few guys have ability to know how line will go and how public will bet