Guy is a professional gambler from Vegas that is cleaning up on Jeopardy.
Who is James Holzhauer on here?
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gummoSBR Hall of Famer
- 09-04-06
- 6297
#1Who is James Holzhauer on here?Tags: None -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#2here's something from 2012
In the 2012 Hardball Times, James Holzhauer makes a very compelling although intuitive statement in his essay entitled “Diary of a Mad Sports Bettor.” The statement is:
Placing winning sports bets often hinges on an information advantage. The problem is that most publicly available information is already factored into the betting odds.
Intuitive right? But the problem is that most people don’t live and breath by those very prescient words. Holzhauer goes on to talk about the inherent advantage the team playing at home has on their visitors, but the problem is that any bookie is already going to factor in the odds of the home team winning in the initial line. The person placing the bet has no inherent advantage in taking the home team because the value of playing at home really isn’t there due to the bookies already knowing about this advantage and adjusting the line accordingly. Holzhauer further explains this in recounting his success in betting on the World Baseball Classic. The trick to beating those odds was in diving deep into a tournament the sports books didn’t really know a ton about it. By becoming an “expert” on all the foreign teams and some computer simulation, Holzhauer was able to lick those odds for tremendous profit.
How does that really help us going into 2012 when betting on baseball games? Baseball betting is all about starting pitching match-ups, but luckily for us there are so many variables within baseball that a sports book simply cannot keep up with every nuanced statistic that can affect the outcome of a baseball game. For example, say you have the following match-up:
St. Louis-Wainwright -130
Cincinnati-Latos +120
Those odds note that St. Louis’s odds of winning is 56.5% while Cincinnati’s is 45.5%. If Cincy is a better than 45.5% bet to win then clearly the bet is for the Reds. The trick here is trying to figure out if the Cardinals are greater than 56.5% favorites or are the Reds greater than 45.5% favorites? What do we know? That’s the trick in trying to bet this game. How can we make that determination by factoring in something that the sports books didn’t factor in? Is umpiring crew factored in? How much of recent success is factored in? If you knew that Jason Motte wasn’t going to pitch would it swing things more in favor of Cincinnati? If Joey Votto had the day off would it swing things more towards St. Louis? How does bullpen usage affect which relievers could be available for this particular game and do the bookies go so far as to forecast which relievers won’t be available based on usage patters and figure those variables into the odds?
You simply have to widen the information gap into your favor, but how to do that is the fundamental question.
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cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
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Goat MilkBARRELED IN @ SBR!
- 03-24-10
- 25850
#4Follow the players around and track what's happening in their lives. It affects their performance.
Surely, you can win this way. And also end up in jail or will catch a beating.Cause Sleep is the Cousin of DeathComment -
spurginobiliSBR MVP
- 05-09-09
- 3065
#5Just watched today's episode. He broke the single day Jeopardy winnings record with $110,914, and is now a 4 day champion with a total of $244,365. Guy is an encyclopedia.
Sports news, analysis, rumors, statistics, predictions and roster moves around the NFL, NBA, MLB, NHL and more.
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RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#6here's something from 2012
In the 2012 Hardball Times, James Holzhauer makes a very compelling although intuitive statement in his essay entitled “Diary of a Mad Sports Bettor.” The statement is:
Placing winning sports bets often hinges on an information advantage. The problem is that most publicly available information is already factored into the betting odds.
Intuitive right? But the problem is that most people don’t live and breath by those very prescient words. Holzhauer goes on to talk about the inherent advantage the team playing at home has on their visitors, but the problem is that any bookie is already going to factor in the odds of the home team winning in the initial line. The person placing the bet has no inherent advantage in taking the home team because the value of playing at home really isn’t there due to the bookies already knowing about this advantage and adjusting the line accordingly. Holzhauer further explains this in recounting his success in betting on the World Baseball Classic. The trick to beating those odds was in diving deep into a tournament the sports books didn’t really know a ton about it. By becoming an “expert” on all the foreign teams and some computer simulation, Holzhauer was able to lick those odds for tremendous profit.
How does that really help us going into 2012 when betting on baseball games? Baseball betting is all about starting pitching match-ups, but luckily for us there are so many variables within baseball that a sports book simply cannot keep up with every nuanced statistic that can affect the outcome of a baseball game. For example, say you have the following match-up:
St. Louis-Wainwright -130
Cincinnati-Latos +120
Those odds note that St. Louis’s odds of winning is 56.5% while Cincinnati’s is 45.5%. If Cincy is a better than 45.5% bet to win then clearly the bet is for the Reds. The trick here is trying to figure out if the Cardinals are greater than 56.5% favorites or are the Reds greater than 45.5% favorites? What do we know? That’s the trick in trying to bet this game. How can we make that determination by factoring in something that the sports books didn’t factor in? Is umpiring crew factored in? How much of recent success is factored in? If you knew that Jason Motte wasn’t going to pitch would it swing things more in favor of Cincinnati? If Joey Votto had the day off would it swing things more towards St. Louis? How does bullpen usage affect which relievers could be available for this particular game and do the bookies go so far as to forecast which relievers won’t be available based on usage patters and figure those variables into the odds?
You simply have to widen the information gap into your favor, but how to do that is the fundamental question.
guy must know meComment -
BigJaySBR MVP
- 01-14-12
- 3485
#7Previous record of $77,000 set in 2010 by Roger Craig.
Prior to that Walter Payton held the mark.Comment -
daneblazerBARRELED IN @ SBR!
- 09-14-08
- 27861
#8he looks Asian and is sharp, so he's obviously Big DeemerComment -
eaglesfan371SBR MVP
- 01-08-19
- 4079
#9Wow incredible.
Guessing he went all in like a true gambler on final jeopardy to hit 110k??Comment -
unlearnSBR Hall of Famer
- 03-22-14
- 9039
#10Word on the street is he posts as JoeCool20Comment -
Dim makSBR Rookie
- 02-07-19
- 43
#12Lol the final amount he won for the one day record matched her daughter's birthdayComment -
BluehorseshoeSBR Posting Legend
- 07-13-06
- 14998
#13
"Now, I focus largely on in-game betting, where the oddsmaker often struggles to put an accurate line with only few seconds to think about it," Holzhauer told ESPN in an email. "I think my work is similar to an investment bank, except that I'm the analyst, trader, fund manager and day trader all into one."
"I'm proud that I've found success in many different fields of sports betting, but the most important thing about my work is the freedom it gives me to travel and spend time with my family, which I would never have a nine-to-five -- although maybe not on a college football Saturday."Comment -
LT ProfitsSBR Aristocracy
- 10-27-06
- 90963
#14His daughter's birthday is 11/09/14, that is why he risked exactly enough on Final Jeopardy to win that amount.Comment -
eaglesfan371SBR MVP
- 01-08-19
- 4079
#17So far he has trolled the final jeopardy part with his wagers. He wagered a tiny amount on day 2 to spell another birthday and on one of his other days his anniversary.
Each time wrote a message to his kid or wife in the answer.Comment -
sweethookSBR Posting Legend
- 11-21-07
- 12667
#18the game show is a hit , looks like the fix is working .Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37421
#19Not too often u get to watch the best ever. I think he is the GOAT.Where's the fuckin power box, Carol?Comment -
eaglesfan371SBR MVP
- 01-08-19
- 4079
#20I keep trying to find clips on his 29k all-in bet with the daily double that led to his 110k finish. Can't find it.
It's funny, when he gets a daily double, he usually motions his hands like you would at a poker table, ALL INComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#21i would like to see if he could win sbr trivia 11 times in a row like i haveComment -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#24he still in
this guy prob makes a ton on,sports bettingComment -
eaglesfan371SBR MVP
- 01-08-19
- 4079
#25Thank you ChuckyComment -
eaglesfan371SBR MVP
- 01-08-19
- 4079
#26LOL the single ladies of US want James...
when you type in "who is james holzhauer" the first thing that pops up in recommended search is "who is james holzhauer married to"Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37421
#27U bet, Eagle. He has mentioned his 5-year old daughter on the show. So, he has pro-created...but I'm not sure if he's married.
Yeah, you're right about his STOCK going up w/ the ladies. Guy got a LOT better looking in the last two weeks!Where's the fuckin power box, Carol?Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37421
#28Cincy, I'd love to hear if any of the local Vegas bettors (from SBR) have crossed paths w/ James. Trebek asked him about the sports-betting. James said it's "mostly small margins" and that his current favorite sport to bet is NFL.Where's the fuckin power box, Carol?Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37421
#29Best I can tell, he has approached the Daily Doubles very aggressive. True daily double...until very late, when it's clear that he's wrapped it up. And yeah, he's just been clowning the Final Jeopardy...as a shout-out to his daughter + noting birthdays of friends.Where's the fuckin power box, Carol?Comment -
eaglesfan371SBR MVP
- 01-08-19
- 4079
#30Taking advantage of the conservative nature of non-gamblers to easy get WAY ahead. Guarantee he's gone thru at least 500 daily double questions, knows he hits like 84% or some specific % and thus making it very +EV for him to go all-in in the beginning.Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37421
#31Yeah, Eagles. This guy is un-nerved. He all is well-prepared + un-flappable.Where's the fuckin power box, Carol?Comment -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#32Naperville native tops $300K with latest 'Jeopardy!' win — even after missing final question
it's gotta be joecool he is the smartest poster on sbr, at least that's what he says
LOLComment -
GuinserSBR Sharp
- 11-04-10
- 461
#34i remember that chase episode..he was incredibleComment -
Art VandelaySBR Hall of Famer
- 09-11-06
- 6689
#35Love the cockiness -- Guy is just toying with the others!Comment
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