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Ask John Ryan E-Mail Bag: Week 3

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#1

Default Ask John Ryan E-Mail Bag: Week 3

Welcome to the third installment of John Ryan's Mailbag. We have had some great questions asked over the first two week, all of which generated a lot of conversation.

This week I will continue to share my insight in this forum, but SBR has now upped the ante for us! While I will continue to select 3-5 of the best questions to feature in my weekly article, the poster will now receive a 50 point sportsbook free play for their involvement.

I will answer the selected questions in detail in an article that will be posted on www.sbrforum.com each Friday.
So now that the stakes have been raised, fire away.
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#5

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Quote Originally Posted by Puppy View Post
why do i chase after every losing streak?
That is the human nature factor. You are not alone. Everyone hates to lose. No one has ever walked on the face of the earth lovig to lose.. Look at how Giselle reacted emotionally. The ket word is emotion in that sentence. So many people negatively effect their lives by acting by emotions that do not include the benefit of intellect. This is the bulls-eye where my passion for the markets and sports wagering is centered. Herd mentality runs rampant is so many parts of our lives. In is a enormous balance between fear on one end adn greed on the other..

Although your question is short it carries a ton of weight... You may just get that 50 point free bet from SBR. Thanks
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#7

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Quote Originally Posted by John Ryan View Post
That is the human nature factor. You are not alone. Everyone hates to lose. No one has ever walked on the face of the earth lovig to lose.. Look at how Giselle reacted emotionally. The ket word is emotion in that sentence. So many people negatively effect their lives by acting by emotions that do not include the benefit of intellect. This is the bulls-eye where my passion for the markets and sports wagering is centered. Herd mentality runs rampant is so many parts of our lives. In is a enormous balance between fear on one end adn greed on the other..

Although your question is short it carries a ton of weight... You may just get that 50 point free bet from SBR. Thanks
if i had a 1k bankroll and went on a losing streak down to $500 id rather have $0 at that point then just $500. because emotionally i would feel the same like i lost and it doesnt matter its all or nothing at that point

id rather just reload then play with half a bankroll
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#10

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How would somebody go about creating his own sports betting system?

I would like to create some sort of a simulator, but I don't know where to begin or any software that could help me.

What software do you use to keep track of all of the factors involved (i.e. Points scored, points allowed, minutes played, fg%, rest, etc.)?

Do you have any great reads that you would recommend for sports handicapping?

Thank you for having this thread. I plan on learning a lot.
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#11

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Quote Originally Posted by 2boca View Post
John, what is your best sport to bet on, purely from a profits perspective and what is it about that sport that makes it so?
well, I could try to be funny and say the sport that is currently being played.. but, it is nearly always MLB and NBA and is attributed to the long seasons. NHGL can also be huge, but here my plays will hit roughly 50%, but because more than 75% of the plays are dogs, I am able to make a tidy sum... sort of analogous to playing Black Jack at the casino and instead of getting paid 1:1 for a winning hand, I am getting paid 1.65:1 on average..

My longest winning streak ever has been in the NBA and was 18 straight games back in 2002.

Thanks, Great question
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#13

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Quote Originally Posted by BHawksforLife View Post
How would somebody go about creating his own sports betting system?

I would like to create some sort of a simulator, but I don't know where to begin or any software that could help me.

What software do you use to keep track of all of the factors involved (i.e. Points scored, points allowed, minutes played, fg%, rest, etc.)?

Do you have any great reads that you would recommend for sports handicapping?

Thank you for having this thread. I plan on learning a lot.
I utilize professional programmers, which are not cheap, but are extremely good and understand the algorithms. Try browsing through this site. http://www.csail.mit.edu/

see what turns up..http://www.mathworks.com/help/toolbo...f/trainlm.html
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