KVB's Knowing Your Markets

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  • KVB
    SBR Aristocracy
    • 05-29-14
    • 74817

    #1
    KVB's Knowing Your Markets
    I try to present a little for every type of bettor. Some of you will know of this. Some of you practice this. Regardless of your level of bettor, from a fan to one seeking correlation, I hope it is a good watch...



    Here are some relevant links that I also hope would be a good read, or watch, no matter your level.

    KVB's Intro...



    The Scott Foster thread that isn't about Scott Foster. Again, no matter your level of bettor I hope it's good read, there is something for everyone there...



    The USFL thread...



    From the psychology corner I talk about Red Flags and how one mistake can lead to another. Even in this linked post, I made a mistake, and had to post again to clear it up...



    Thank you for following along, if you are, and, again, for all levels of bettors, I hope you get something out of it for your time.


  • MinnesotaFats
    SBR Posting Legend
    • 12-18-10
    • 14758

    #2
    This is alot of info for rhubes on SBR

    I'd think most will try to understand but inevitably will look to tail my plays for big money
    Comment
    • DiggityDaggityDo
      SBR Aristocracy
      • 11-30-08
      • 81450

      #3
      Gonna have to watch this later after I get back home.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        It’s all random

        So easy to sum it up
        Comment
        • Brock Landers
          SBR Aristocracy
          • 06-30-08
          • 45359

          #5
          Originally posted by jjgold
          It’s all random

          So easy to sum it up
          LOL

          Watch the video

          He destroys you multiple times

          Solid vid as always Pal
          Last edited by Brock Landers; 04-26-22, 05:42 PM.
          Comment
          • BeatTheJerk
            BARRELED IN @ SBR!
            • 08-19-07
            • 31794

            #6
            Originally posted by Brock Landers
            LOL

            Watch the video

            He destroys you multiple times

            Solid vid as always Pal
            It’s too late for him, plus his bankroll is trash.
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #7
              I am on road no time right now

              Might fit it in tomorrow
              Comment
              • thetrinity
                SBR Posting Legend
                • 01-25-11
                • 22430

                #8
                Kvb looks like one of those college professors who gives the skanky dumb girls As that they didn’t earn
                Comment
                • MinnesotaFats
                  SBR Posting Legend
                  • 12-18-10
                  • 14758

                  #9
                  Originally posted by thetrinity
                  Kvb looks like one of those college professors who gives the skanky dumb girls As that they didn’t earn
                  Oh oh oh....they earn em
                  Comment
                  • Optional
                    Administrator
                    • 06-10-10
                    • 61207

                    #10
                    Thanks KVB.

                    Interesting to hear your take on the very common question "what are the sharp books". I'll use some of that in future I am sure.

                    The early discussion about vig and hold was good too.


                    I think you should get yourself a new microphone though. Struggled to understand you quite a few times.
                    .
                    Comment
                    • StackinGreen
                      SBR Posting Legend
                      • 10-09-10
                      • 12140

                      #11
                      My guy KVB taking people to school.
                      Comment
                      • Brock Landers
                        SBR Aristocracy
                        • 06-30-08
                        • 45359

                        #12
                        KVB, why did pinnacle pull their lines from all services? What's your theory anyway
                        Comment
                        • Waterstpub87
                          SBR MVP
                          • 09-09-09
                          • 4102

                          #13
                          Originally posted by Brock Landers
                          KVB, why did pinnacle pull their lines from all services? What's your theory anyway
                          I believe they are starting a business to sell it. I inquired awhile ago about API, and they said "stopping this, starting pinnacle services". Unconfirmed if this is true, but its what they said.
                          Comment
                          • KVB
                            SBR Aristocracy
                            • 05-29-14
                            • 74817

                            #14
                            As far as I know it's about contract negotiations.

                            But I do know where the public, for free, can get a Pinny line.

                            It was the former home of lowercase KVB.

                            They must have negotiated something or are taking it from another service.
                            Comment
                            • KVB
                              SBR Aristocracy
                              • 05-29-14
                              • 74817

                              #15
                              Originally posted by Waterstpub87
                              I believe they are starting a business to sell it. I inquired awhile ago about API, and they said "stopping this, starting pinnacle services". Unconfirmed if this is true, but its what they said.
                              Maybe these are the new contracts, I'm not sure.

                              Good intro with python, help take this place up a notch.

                              Comment
                              • Waterstpub87
                                SBR MVP
                                • 09-09-09
                                • 4102

                                #16
                                KVB, excellent video as always. I echo the advise you need a better microphone. I have to pull it up on the Roku and crank the volume, rather than trying to watch on computer.
                                Comment
                                • KVB
                                  SBR Aristocracy
                                  • 05-29-14
                                  • 74817

                                  #17
                                  Appreciate the feedback, I really noticed it in the part where I say a book may have already dealt with someone and I'm saying to find a way back in...lol.

                                  It's part of the game. Get kicked out, find a way back in. This how betting organizations operate, not to mention motivated individuals.

                                  Thanks again for the feedback, a lot of hands to the face, low talking voice too, I'll get it worked out.

                                  I'm looking forward to making more.
                                  Comment
                                  • RangeFinder
                                    SBR Hall of Famer
                                    • 10-27-16
                                    • 8041

                                    #18
                                    When does the chart school for stocks start?

                                    I'm sure you have a few takes on those
                                    Comment
                                    • KVB
                                      SBR Aristocracy
                                      • 05-29-14
                                      • 74817

                                      #19
                                      One of things I want to emphasize here, something that helps anyone no matter your level.

                                      It's that difference between what we calculate to be what the market or book is showing, by opinion of course, to be the no-vig line and what a potentially more accurate no-vig line is based on what led the market.

                                      Know your markets.

                                      Calculate the no vig line at close, assess the movement and where and when it happened, and see how things unfold as you watch them.

                                      Track your bets and why you made them. I think this statement that I often repeat is not fully understood by most. That's because there is so much to it. When we're using correlations, we're tracking our bets and why we're making them.

                                      When we're watching and sports and drinking beers, make a note why you made a bet. Was it the QBs? Maybe you make ratings too, even if you don't have hard evidence of correlation?

                                      Maybe you just wanted to have action to watch.

                                      Whatever the reason, track it. This separates your bets, your strategies. Remember, it's not our information, it's how use that information.

                                      When you track your bets you create a body of information that nobody else has. Can you find ways to use it?

                                      Comment
                                      • KVB
                                        SBR Aristocracy
                                        • 05-29-14
                                        • 74817

                                        #20
                                        Originally posted by thetrinity
                                        Kvb looks like one of those college professors who gives the skanky dumb girls As that they didn’t earn
                                        Students will earn their grades fair and square.

                                        It's an investigation of my TA hiring practices that might bring me down...



                                        Comment
                                        • d2bets
                                          BARRELED IN @ SBR!
                                          • 08-10-05
                                          • 39994

                                          #21
                                          Good stuff.

                                          I know you mentioned that you'd discuss in another video, but the "prices are important; half point not so much" threw me a bit. Requires a whole lotta context and qualification. I would generally say the opposite. I think more often when you find reduced juice vs. a half point better at -110, the -110 is going to be preferred more often than not. For example, I see right now on Denver Nuggets +8.5-105 or elsewhere +9-110. Are you taking the "better price" at +8.5-105? Or even -103? I wouldn't. I'd take the +9-110. Pretty sure you would too.

                                          And then to play that further, if you are betting quarter, half, live, etc., that half point is going to be worth even more the shorter the market is. If you bet quarters, halves and live, you must understand this.

                                          I know that you know this, but if I was only watching this video, I would probably have taken away the opposite.
                                          Comment
                                          • BeatTheJerk
                                            BARRELED IN @ SBR!
                                            • 08-19-07
                                            • 31794

                                            #22
                                            Originally posted by d2bets
                                            Good stuff.

                                            I know you mentioned that you'd discuss in another video, but the "prices are important; half point not so much" threw me a bit. Requires a whole lotta context and qualification. I would generally say the opposite. I think more often when you find reduced juice vs. a half point better at -110, the -110 is going to be preferred more often than not. For example, I see right now on Denver Nuggets +8.5-105 or elsewhere +9-110. Are you taking the "better price" at +8.5-105? Or even -103? I wouldn't. I'd take the +9-110. Pretty sure you would too.

                                            And then to play that further, if you are betting quarter, half, live, etc., that half point is going to be worth even more the shorter the market is. If you bet quarters, halves and live, you must understand this.

                                            I know that you know this, but if I was only watching this video, I would probably have taken away the opposite.
                                            I might be coming from a very simplistic/amateur POV, but this is just my personal approach. I find myself "selling" half a point back to the bookmaker in order to reduce my juice as a whole. I'd say roughly I do this 25% of the time, & of course I don't do it on key numbers like in the NFL 3,7,10. So my point is when I decide to place a wager, (which not in volume like you & KVB, simply because of my limited BR) I don't anticipate the game to win by one point, because winning by one point is not a good enough advantage for me as far as value. This is all psychological for me when I determine a wager. So selling back a half point to the bookmaker to reduce my vig up to 100% or more at times, but not always. I feel it's worth it regarding my approach to a wager.
                                            Comment
                                            • KVB
                                              SBR Aristocracy
                                              • 05-29-14
                                              • 74817

                                              #23
                                              Originally posted by d2bets
                                              ...but the "prices are important; half point not so much" threw me a bit. Requires a whole lotta context and qualification...
                                              You are right.

                                              Yeah, half points are important my point was to be able to convert them all to prices.

                                              When you know what the half point is worth in probability, you can make all decisions based on "price".

                                              So yeah, half points are huge like you say, but with them can a be a different price. Like +7 (-105) and +7.5 (-120). I'm really just talking about conversions.

                                              That price of a .5 points matters. I know you know it d2, but it's a great question and I think I would have asked the same. It's big part of it, do you take the extra half point, pass, does it matter?
                                              Comment
                                              • pilebuck13
                                                SBR Posting Legend
                                                • 05-15-15
                                                • 17918

                                                #24
                                                Totals I always buy up the hook to get +odds comfy w a push due to high volume juice is enemy
                                                Comment
                                                • KVB
                                                  SBR Aristocracy
                                                  • 05-29-14
                                                  • 74817

                                                  #25
                                                  Sometimes we'll see a half point move that won't affect the "sharps" in the audience because of the price built into the offer. Often, if the "sharp" is undecided or ambivalent, the half point move with a higher price might have him in the same spot, the same exact decision.

                                                  The same price.

                                                  But to the public that half point move could mean everything and they don't care what price they pay.

                                                  Comment
                                                  • d2bets
                                                    BARRELED IN @ SBR!
                                                    • 08-10-05
                                                    • 39994

                                                    #26
                                                    Originally posted by BeatTheJerk
                                                    I might be coming from a very simplistic/amateur POV, but this is just my personal approach. I find myself "selling" half a point back to the bookmaker in order to reduce my juice as a whole. I'd say roughly I do this 25% of the time, & of course I don't do it on key numbers like in the NFL 3,7,10. So my point is when I decide to place a wager, (which not in volume like you & KVB, simply because of my limited BR) I don't anticipate the game to win by one point, because winning by one point is not a good enough advantage for me as far as value. This is all psychological for me when I determine a wager. So selling back a half point to the bookmaker to reduce my vig up to 100% or more at times, but not always. I feel it's worth it regarding my approach to a wager.
                                                    All depends on price. I know you don't think the half point will matter, and of course it "rarely" will, but it's that 1 time in 20 that makes more of a difference than a few cents better price. You don't know when it will matter, and neither do I. Just understand what the half point is worth and take the better overall price, combined with price and spread. If you are just looking at one book in isolation and then "selling" it back, I highly doubt they are going to give you enough value to do it. Books are not that smart, but they're also not that dumb.
                                                    Comment
                                                    • gshock1
                                                      SBR Hall of Famer
                                                      • 12-04-09
                                                      • 5366

                                                      #27
                                                      Excellent video KVB.
                                                      Comment
                                                      • d2bets
                                                        BARRELED IN @ SBR!
                                                        • 08-10-05
                                                        • 39994

                                                        #28
                                                        I think people think the vig is more important than the half point because it matters every time, right. If you win at -105, you get more back than at -110. Easy to see. Tangible.

                                                        The half point matters very rarely. But of course when it does, the difference is massive.

                                                        So let's look at that Denver +8.5-105 vs. +9-110. Tempted by the reduced juice. Thinking, I mean it's probably like 1 in 20 that it lands exactly on 9, so don't worry about it. It hardly ever happens. You're confident in your wager.

                                                        OK, so you bet that 20 times. And let's say you're right that the +8.5 is good, and you go 11-9 at that number. But one of those 9 losses would have pushed on 9. So it's 11-9 at -105 vs. 11-8-1 at -110. Which is better betting 100 per play?

                                                        11-9 at -105 = +$147.62
                                                        11-8-1- at -110 =+$200.00

                                                        That one push saving you a $100 loss was worth (a lot) more than an extra $5.24 in 11 wins.

                                                        That's over 35% extra profit!
                                                        Last edited by d2bets; 04-27-22, 03:53 PM.
                                                        Comment
                                                        • thetrinity
                                                          SBR Posting Legend
                                                          • 01-25-11
                                                          • 22430

                                                          #29
                                                          Originally posted by KVB
                                                          Students will earn their grades fair and square.

                                                          It's an investigation of my TA hiring practices that might bring me down...



                                                          Your hiring practices look A OK with me
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            I would school this guy

                                                            I love I never have to shop
                                                            Lines and get best Number in world every bet at the time of the play vs anyone else

                                                            Toying with you guys

                                                            I am a mollybet player all you need to know

                                                            Best betting platform world with lowest juice books in world

                                                            Thank you
                                                            Comment
                                                            • BeatTheJerk
                                                              BARRELED IN @ SBR!
                                                              • 08-19-07
                                                              • 31794

                                                              #31
                                                              Originally posted by d2bets
                                                              I think people think the vig is more important than the half point because it matters every time, right. If you win at -105, you get more back than at -110. Easy to see. Tangible.

                                                              The half point matters very rarely. But of course when it does, the difference is massive.

                                                              So let's look at that Denver +8.5-105 vs. +9-110. Tempted by the reduced juice. Thinking, I mean it's probably like 1 in 20 that it lands exactly on 9, so don't worry about it. It hardly ever happens. You're confident in your wager.

                                                              OK, so you bet that 20 times. And let's say you're right that the +8.5 is good, and you go 11-9 at that number. But one of those 9 losses would have pushed on 9. So it's 11-9 at -105 vs. 11-8-1 at -110. Which is better betting 100 per play?

                                                              11-9 at -105 = +$147.62
                                                              11-8-1- at -110 =+$200.00

                                                              That one push saving you a $100 loss was worth (a lot) more than an extra $5.24 in 11 wins.

                                                              That's over 35% extra profit!
                                                              I don’t do it when it’s only -105. I’m doing it anywhere from -102 up to +108 at times for only half a point. These odds are available on certain games, & if that criteria matches with my bet. I’ll sell the .5 back at those odds.
                                                              Comment
                                                              • BeatTheJerk
                                                                BARRELED IN @ SBR!
                                                                • 08-19-07
                                                                • 31794

                                                                #32
                                                                Originally posted by d2bets
                                                                I think people think the vig is more important than the half point because it matters every time, right. If you win at -105, you get more back than at -110. Easy to see. Tangible.

                                                                The half point matters very rarely. But of course when it does, the difference is massive.

                                                                So let's look at that Denver +8.5-105 vs. +9-110. Tempted by the reduced juice. Thinking, I mean it's probably like 1 in 20 that it lands exactly on 9, so don't worry about it. It hardly ever happens. You're confident in your wager.

                                                                OK, so you bet that 20 times. And let's say you're right that the +8.5 is good, and you go 11-9 at that number. But one of those 9 losses would have pushed on 9. So it's 11-9 at -105 vs. 11-8-1 at -110. Which is better betting 100 per play?

                                                                11-9 at -105 = +$147.62
                                                                11-8-1- at -110 =+$200.00

                                                                That one push saving you a $100 loss was worth (a lot) more than an extra $5.24 in 11 wins.

                                                                That's over 35% extra profit!
                                                                I see your rebuttal & the math makes since to me with your example, that you don’t create an advantage selling a half point.
                                                                Comment
                                                                • d2bets
                                                                  BARRELED IN @ SBR!
                                                                  • 08-10-05
                                                                  • 39994

                                                                  #33
                                                                  Originally posted by BeatTheJerk
                                                                  I see your rebuttal & the math makes since to me with your example, that you don’t create an advantage selling a half point.
                                                                  Depends on the juice savings for the half point. I think some books will give you like +9-110 or let you sell to +8.5-103, that sort of thing. Generally not worthwhile IMO. In the NBA those half points are generally worth between 8 to 11 cents, give or take.
                                                                  Comment
                                                                  • KVB
                                                                    SBR Aristocracy
                                                                    • 05-29-14
                                                                    • 74817

                                                                    #34
                                                                    Yep, it's all about the price.

                                                                    Call it savings in juice, but it's just price. Juice or vig doesn't matter.

                                                                    But I get it, sometimes we just call the price juice.

                                                                    So yeah, once we convert the .5 points to a price, is easy to see which price is the best, or to see they are the same, when comparing the two spreads.
                                                                    Comment
                                                                    • texhooper
                                                                      SBR Posting Legend
                                                                      • 01-05-09
                                                                      • 10001

                                                                      #35
                                                                      Hell yes I got a shoutout in a KVB video. I’m bought and paid for now, great stuff as usual bruddah!

                                                                      Seriously I enjoy your videos and keep them coming

                                                                      Now just need to know where to get that free pinnacle line history…I found a place called the rundown where you have to sign up with your email address and they have it, but like your video alludes to somewhat, they often show the adjusted priced point spreads instead of the actual line, and I’m not into trying to decipher what all that likely means for the real line throughout a day
                                                                      Comment
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