Question to US bettors

Masu485 · 01-13-10, 04:26 PM

i'm in canada, but i'll answer anyway. i find that over here most people often will bet the MLs in hockey/baseball, and spread for football/basketball, although that may be a generalization. people on this board though often mix it up.

as for the odds range, i find most newbies over here just back a large team name (ie, celtics, yankees, new orleans saints) and take them at whatever price or spread they are being fed. it's very annoying. 'celtics minus anythin, man. they'll win fo sho!' 'yanks -300, yeeah sure win!'

Boner_18 · 01-13-10, 04:26 PM

I bet it is spreads and -110 for the average bet. Weighted by $ amount is a question for the pros.

Masu485 · 01-13-10, 04:28 PM

Originally posted by fixxer

...as many many newbie (and mostly newbie only) bettors thinks, the winning strategy is to place a lot "sure", low odds bets

you know what? i actually had a friend who had been wagering for almost 2 years and losing. he came up to me one day and told me he finally found the secret strategy to win. and that it was to bet one play per day on a -1000 or 1.01x bet.

fukkin guy! takes him over two years to just get to the newb stage!

Dunder · 01-13-10, 05:00 PM

Originally posted by fixxer

I know this sounds strange, but in Europe, the answers would be:
Money line and -1000

I call BS. A large number of Europeans have a philospophy of never betting on chalk.
Also the most popular sport is soccer which is normally a 3-way propositon, not a two-way.

I would acknowledge nonetheless that most bets on this side of the pond are on odds less than +100 (odds on shots) but I would say the average would be at odds of -150 (4/6 or 1.67 if you prefer) , but there is actually some logic in this because of the way juice is weighted in European sports.

Brakon00 · 01-13-10, 05:09 PM

Originally posted by Masu485

i'm in canada, but i'll answer anyway. i find that over here most people often will bet the MLs in hockey/baseball, and spread for football/basketball, although that may be a generalization. people on this board though often mix it up.

as for the odds range, i find most newbies over here just back a large team name (ie, celtics, yankees, new orleans saints) and take them at whatever price or spread they are being fed. it's very annoying. 'celtics minus anythin, man. they'll win fo sho!' 'yanks -300, yeeah sure win!'

u must be illiterate

xxdjstriderxx · 01-13-10, 05:15 PM

basketball and football we bet on point spreads and they are usually -110 juice on either side.
there are moneylines also for basketball and football but sometimes they are +/-500 or more which doesnt really make it a very smart bet

baseball and hockey we bet on the moneylines or runlines/pucklines which usually means -1.5 for the favorite or +1.5 for the underdog, and the prices are adjusted accordingly.

and of course, for all sports there are totals

james4512 · 01-13-10, 05:39 PM

best way to make money is making +money wagers. Staying between -110 - +200 is the way to go in my opinion

Brakon00 · 01-13-10, 07:25 PM

Originally posted by james4512

best way to make money is making +money wagers. Staying between -110 - +200 is the way to go in my opinion

how about doing 12 team parlays like me and making 20 combinations..... i hit one in every few days and win over 1k. try it....u never know...betting 1 buck on each one and if u hit 1 for every 500 u make 500 bucks...its worth it i think

fixxer · 01-14-10, 08:18 AM

Originally posted by Dunder

I call BS. A large number of Europeans have a philospophy of never betting on chalk.
Also the most popular sport is soccer which is normally a 3-way propositon, not a two-way.

I would acknowledge nonetheless that most bets on this side of the pond are on odds less than +100 (odds on shots) but I would say the average would be at odds of -150 (4/6 or 1.67 if you prefer) , but there is actually some logic in this because of the way juice is weighted in European sports.

I disagree....there are far more "onceaweek" bettors and newbies than pros and regular bettors.
Regular bettors usually avoid low oddses for sure, still, they are far less in number than "not pros".
To prove my point, there are a few Eu bookmakers, which limits some bets that only can be bet if you bet them in a combo (at least 3 usually) - and these limited bets are the low odds one usually.

Dunder · 01-14-10, 08:35 AM

Originally posted by fixxer

I disagree....there are far more "onceaweek" bettors and newbies than pros and regular bettors.
Regular bettors usually avoid low oddses for sure, still, they are far less in number than "not pros".
To prove my point, there are a few Eu bookmakers, which limits some bets that only can be bet if you bet them in a combo (at least 3 usually) - and these limited bets are the low odds one usually.

I only know of Digibet and BetKlass, both of which are tiny.

I have just run an analysis of all the odds which are on offer from the Ladbrokes (the biggest single book in the world, not just in Europe) XML feed, albeit I have excluded Horse Racing and Greyhound Racing which are very much UK driven.

There are 16,128 propositions on offer. Of these 129 (i.e. less than 1 percent) are at odds of -1000 or lower. If your premise was valid and the "usual" odds bet in Europe were at -1000 bookies would not be able to run a book.

Have a look at Betfair and scan through the markets for the major soccer leagues, and tell me how many bets you can see being matched at odds below 1.10. If it is above 2%, I would be stunned.