THIS is why the HOUSE never loses

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  • The Kraken
    BARRELED IN @ SBR!
    • 12-25-11
    • 28918

    #1
    THIS is why the HOUSE never loses
    September 2015
    09/19/2015 187-219-0 46.06 % -62.07 Details
    09/18/2015 50-86-0 36.76 % -46.16 Details
    09/17/2015 141-176-0 44.48 % -54.74 Details
    09/14/2015 139-292-0 32.25 % -232.65 Details
    09/13/2015 2118-1459-0 59.21 % 701.71 Details
    09/12/2015 833-981-27 45.92 % -300.91 Details
    09/11/2015 38-20-0 65.52 % 21.90 Details
    09/10/2015 91-140-1 39.39 % -98.90 Details


    09/13/2015 is a statistical outlier and not likely to repeat itself.... But still, collectively we're negative 6 out of the 8 days, down 71.82 units and in statistically speaking, should be down closer to 500 units

    Want to win?

    Start booking the squares here (me included)
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    Be patient

    Get good number

    Stay positive
    Comment
    • The Kraken
      BARRELED IN @ SBR!
      • 12-25-11
      • 28918

      #3
      JJ, this isn't about me or any one gambler

      This is the big picture, a birds eye view

      JJ, the house never loses

      JJ, can you post your spreadsheet in here please? I haven't seen it in any threads lately and I'd like to use it as exhibit B for making my point

      Thanks JJ
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61683

        #4
        Why do you write off Sep 13 as an outlier?

        It has by far the most data and being College games more of the picks are probably from people who have some clue about those games, rather than mugs like me who don't know a lot about football and usually guess the NFL games.

        Books might win but tipping comp stats aren't proof of anything.

        In real life bookmakers aren't money printing presses like people think. Many struggle to do much more than pay the bills and keep operating cashflow.
        .
        Comment
        • pavyracer
          SBR Aristocracy
          • 04-12-07
          • 82839

          #5
          House has dozen of players like JJGOLD. Bet the worst lines, reload every week, spend all their money on gambling, bet losers.
          Comment
          • The Kraken
            BARRELED IN @ SBR!
            • 12-25-11
            • 28918

            #6
            Originally posted by Optional
            Why do you write off Sep 13 as an outlier?

            It has by far the most data and being College games more of the picks are probably from people who have some clue about those games, rather than mugs like me who don't know a lot about football and usually guess the NFL games.

            Books might win but tipping comp stats aren't proof of anything.

            In real life bookmakers aren't money printing presses like people think. Many struggle to do much more than pay the bills and keep operating cashflow.
            I note it as an outlier because it is. If we were to look specifically at BTP and had historical data, maybe SBR has this I dunno, say for the last 2-3 years, and we were to create a scatter chart, it would absolutely be an outlier. Regardless of how you want to define an outlier, it would fit the bill. I wouldnt be surprised if it fell over 10 std deviations away

            With that said, I never said to write it off. There is some usefullness in factoring it in at times but there is also usefulness in excluding at times.
            Comment
            • The Kraken
              BARRELED IN @ SBR!
              • 12-25-11
              • 28918

              #7
              Originally posted by pavyracer
              House has dozen of players like JJGOLD. Bet the worst lines, reload every week, spend all their money on gambling, bet losers.
              JJ is this true. Ive heard Fishhead say you have no risk tolerance. Im gonna go out on a limb and say you haven't placed a bet in nearly 2 years
              Comment
              • MoneyLineDawg
                SBR Posting Legend
                • 01-01-09
                • 13253

                #8
                Although as a whole the house wins, you can still be a winning player personally....Very hard to do over a lifetime, but you can hit a few hot streaks to make it all worth it

                I mean what are we all doing here? We all know the house wins, but we're just going for that 10-0 streak to pay for our next vacation and feel on top of the world
                Comment
                • The Kraken
                  BARRELED IN @ SBR!
                  • 12-25-11
                  • 28918

                  #9
                  Yep, completely agree.

                  Just pointing out that collectively, we suck
                  Comment
                  • Ghenghis Kahn
                    SBR Posting Legend
                    • 01-02-12
                    • 19734

                    #10
                    where is that number from?
                    Comment
                    • gauchojake
                      BARRELED IN @ SBR!
                      • 09-17-10
                      • 34116

                      #11
                      The hose doesn't limit you to four 1 unit bets and force you to make one 2 unit bet, so the data is a bit skewed, but I agree. Being the house is a good bet.
                      Comment
                      • Harry N. Lloyd
                        SBR MVP
                        • 03-26-08
                        • 4810

                        #12
                        I've worked both sides of the betting window and sadly report that the bookie gets all the good bounces and breaks. I have no logical explanation why. Most gamblers experience more bad beats than lucky wins.
                        Comment
                        • allaboutmoney
                          SBR High Roller
                          • 08-29-15
                          • 217

                          #13
                          Beating the house is fairly simple for intelligent people. Just be smart and bet the games you like and not just bet a lot for fun for sake of betting. House always wins because there are more dumb degens out there than smart people. But the intelligent ones like me have been beating the house for years.
                          Comment
                          • The Kraken
                            BARRELED IN @ SBR!
                            • 12-25-11
                            • 28918

                            #14
                            Originally posted by Ghenghis Kahn
                            where is that number from?
                            Which # GK? If you're referring to the OP, they're from this seasons BTP contest.

                            Originally posted by gauchojake
                            The hose doesn't limit you to four 1 unit bets and force you to make one 2 unit bet, so the data is a bit skewed, but I agree. Being the house is a good bet.
                            Yep. But it may be skewing it in our favor could you imagine if this group of guys put in 10-20 bets a weekend And for the most part, I will assume the 5 plays being played are the "best" 5 plays for that weekend.

                            Originally posted by allaboutmoney
                            Beating the house is fairly simple for intelligent people. Just be smart and bet the games you like and not just bet a lot for fun for sake of betting. House always wins because there are more dumb degens out there than smart people. But the intelligent ones like me have been beating the house for years.
                            You should write a book. And congrats on being one of the few
                            Comment
                            • Justin_sane
                              SBR High Roller
                              • 03-07-12
                              • 160

                              #15
                              don't forget most people make more then 5 plays a weekend during football season, and of course always the tilt factor.
                              Comment
                              • gauchojake
                                BARRELED IN @ SBR!
                                • 09-17-10
                                • 34116

                                #16
                                Originally posted by The Kraken
                                Yep. But it may be skewing it in our favor could you imagine if this group of guys put in 10-20 bets a weekend And for the most part, I will assume the 5 plays being played are the "best" 5 plays for that weekend.
                                No doubt the number is indicative of our inability as a group to pick games ATS. I really hope most people aren't firing away at 20 games a weekend, but I suspect many are.
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  its all random men

                                  we win and lose but do not know how or when
                                  Comment
                                  • The Kraken
                                    BARRELED IN @ SBR!
                                    • 12-25-11
                                    • 28918

                                    #18
                                    JJ plz post your fukking spreadsheet

                                    Thanks
                                    Comment
                                    • jjgold
                                      SBR Aristocracy
                                      • 07-20-05
                                      • 388179

                                      #19
                                      Comment
                                      • Ebe
                                        SBR MVP
                                        • 02-20-15
                                        • 1633

                                        #20
                                        the book inevitably rapes
                                        Comment
                                        • d2bets
                                          BARRELED IN @ SBR!
                                          • 08-10-05
                                          • 39995

                                          #21
                                          The end result is why the house wins. 51.61% wins and still negative. Juice.
                                          Comment
                                          • The Kraken
                                            BARRELED IN @ SBR!
                                            • 12-25-11
                                            • 28918

                                            #22
                                            Originally posted by jjgold


                                            Exhibit B gents

                                            428k risked, -11,281 gained. 51.19%, overall not bad. NFL is JJ's bread and butter, he could go on a huge run any time.

                                            That's roughly a -3% ROI or something

                                            Not bad JJ
                                            Comment
                                            • MoneyLineDawg
                                              SBR Posting Legend
                                              • 01-01-09
                                              • 13253

                                              #23
                                              Strictly flat betting single units will leave you like JJ's spreadsheet....barring the few exceptions. A few hot streaks of course, but overall you will be drained by juice

                                              I guess you can come out on top by pressing at the right times but you can also get hurt more.....Of course the rare long shot parlay or future bet can also put you ahead, but so can the lottery
                                              Comment
                                              • The Kraken
                                                BARRELED IN @ SBR!
                                                • 12-25-11
                                                • 28918

                                                #24
                                                Update AND exhibit C

                                                • ALL
                                                • NFL
                                                • NCAAF


                                                Beat The Prick 11: $30,000 & 150K pts/week > Picks


                                                October 2015
                                                10/04/2015 1424-1540-23 48.04 % -348.23 Details
                                                10/03/2015 925-924-12 50.03 % -134.45 Details
                                                10/02/2015 48-62-42 43.64 % -21.20 Details
                                                10/01/2015 78-99-0 44.07 % -36.16 Details
                                                September 2015
                                                09/28/2015 165-118-0 58.30 % 48.70 Details
                                                09/27/2015 1627-1492-0 52.16 % -25.52 Details
                                                09/26/2015 902-913-110 49.70 % -155.02 Details
                                                09/25/2015 88-79-0 52.69 % 8.59 Details
                                                09/24/2015 87-76-0 53.37 % 3.72 Details
                                                09/21/2015 95-154-0 38.15 % -80.33 Details
                                                09/20/2015 1520-1787-0 45.96 % -570.71 Details
                                                09/19/2015 767-941-63 44.91 % -323.34 Details
                                                09/18/2015 50-86-0 36.76 % -48.36 Details
                                                09/17/2015 141-176-0 44.48 % -54.74 Details
                                                09/14/2015 139-292-0 32.25 % -232.65 Details
                                                09/13/2015 2118-1459-0 59.21 % 700.70 Details
                                                09/12/2015 833-981-27 45.92 % -299.86 Details
                                                09/11/2015 38-20-0 65.52 % 21.90 Details
                                                09/10/2015 91-140-1 39.39 % -100.00 Details



                                                Maybe more clear now just how BIG of an outlier that +700u was on 9/13

                                                14/19 days were losing days for us
                                                Comment
                                                • Housemoney
                                                  SBR MVP
                                                  • 09-17-09
                                                  • 3912

                                                  #25
                                                  I spend less than 5 minutes on my BTP picks. I bet many others do too.
                                                  Comment
                                                  • The Kraken
                                                    BARRELED IN @ SBR!
                                                    • 12-25-11
                                                    • 28918

                                                    #26
                                                    This is very indicative of a real book

                                                    The problem is one sharp can cut into these profits deeply, it's why they spend so much time identifying them early and limiting them.
                                                    Comment
                                                    • pavyracer
                                                      SBR Aristocracy
                                                      • 04-12-07
                                                      • 82839

                                                      #27
                                                      The house always wins but no smack Joe has the guts to be a bookie.
                                                      Comment
                                                      • jjgold
                                                        SBR Aristocracy
                                                        • 07-20-05
                                                        • 388179

                                                        #28
                                                        Comment
                                                        • manny24
                                                          SBR Posting Legend
                                                          • 10-22-07
                                                          • 20046

                                                          #29
                                                          peaks and valleys
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            you have to stick to certain criteria to hang in there but many of us just force plays
                                                            Comment
                                                            • CanuckG
                                                              SBR Posting Legend
                                                              • 12-23-10
                                                              • 21978

                                                              #31
                                                              Kraken how you doing in BTP pal?
                                                              Comment
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