Is There Really Any Point to NBA Betting? Or Betting at all?

[str]

sports gambling is the easiest work you will ever do. It's like bryce harper hitting a baseball. Someone showed him how to hit so for him it’s must be fuckin easy. NBA is fuckin easy if you know how to do it. Peace brothers

This must be a way to get people to pay for services.

Nothing is easy. Ask Bryce Harper.

[garygroundwork]

No there is no point. Put the money into Bitcoin instead.

You will be far better off in the long run.

Period.

[ProCappersTv]

sports gambling is the easiest work you will ever do. It's like bryce harper hitting a baseball. Someone showed him how to hit so for him its fuckin easy. NBA is fuckin easy if you know how to do it. Peace brothers

[arie1985]

NBA is the easy but they all are easy. The big 4. 54 year old handmade sports gambling database. If a handicapper states something's unbeatable what he really is saying is he doesn't win so how does anybody else. Weak

It's extremely easy for the sportsbooks to extract money from sports bettors with the NBA, I totally agree with you on that.

[ProCappersTv]

NBA is the easy but they all are easy. The big 4. 54 year old handmade sports gambling database. If a handicapper states something's unbeatable what he really is saying is he doesn't win so how does anybody else. Weak

[TommieGunshot]

Marketing, it's quite enjoyable.
Also I believe in god and that working for 6 days is the right thing to do, call it a "Mitzvah" if you wish, that's what were created for, except for one day a week, which is the holy day of the week, in which I'd never work no matter what, unless you point a gun to my head and forcing me to work on that day I'd do that.

Thanks for the tip on marketing jobs. Did some online searches and sent in some applications. If it really is simpler and more enjoyable than making bets, I would gladly take one of those.

[dollarbill]

double down on Knicks ML!

[Snowball]

Well, to answer your question, OP, I'd have to say, that's not the way it USED TO BE, but it's how it is NOW.

[stevenash]

I know a 20 point lead isnt safe and thats why i dont bet the NBA

I know now that a nine-point lead with 58 seconds left in the game isn't safe either.

[mjsuax13]

NBA is the easist sport. If you can't beat NBA you can't win brother. Procappers.TV. Baseball because of the volume is easy too

Do you have any betting threads that support this ease?

[INVEGA MAN]

I know a 20 point lead isnt safe and thats why i dont bet the NBA

[ProCappersTv]

Respectfully, Bettors who don't win say nobody wins in the long run. Bettors who do win usually stay in the shadows. - Billy Walters

[Git Lo]

This is why DFS and prizepicks/parlays are popular. Only thing is DFS is full of sharks and pp/pick6 are constantly changing rules/payout structure or are too efficient.

[arie1985]

Any examples of jobs that are enjoyable and simple? Retail? Food service? Sales? Health care? Education? Military?

From my experience most of the options available are usually pretty miserable. The ones that aren't have extremely high barriers to entry.

Marketing, it's quite enjoyable.
Also I believe in god and that working for 6 days is the right thing to do, call it a "Mitzvah" if you wish, that's what were created for, except for one day a week, which is the holy day of the week, in which I'd never work no matter what, unless you point a gun to my head and forcing me to work on that day I'd do that.

[TommieGunshot]

You seem to analyze the chances from probabality / stats perspective, that could or might work if you know how to play with the numbers and make sense out of them.

For most people gambling is about thinking who's going to win, over/under and such and send the bet, based on a hunch, feeling, watching it, streak etc.

Like I mentioned, if you turn this into your "job" and you like it - go for it ... this is not something I'd enjoy doing, no way I'd get into it. I think the average Joe should not even consider this either, it's not so simple to make money from the numbers, you might need algorithms and softwares to crunch numbers and even then - go figure ... nah, not for me.

I'd repeat - the average Joe doesn't bet in this way. The average Joe shouldn't be betting for "net income".

Any examples of jobs that are enjoyable and simple? Retail? Food service? Sales? Health care? Education? Military?

From my experience most of the options available are usually pretty miserable. The ones that aren't have extremely high barriers to entry.

[kyhawk]

FWIW when I lived in Vegas the only way to get ahead was to never bet. That is the only way you can live there imo.

[ProSportsEdge]

Also, I would reduce the frequency of betting and avoid relying on those gambling fallacies like it’s going win b/c it hasn’t come up yet. But honestly, I do like betting on streaks or trends you catch. When something is hot, it’s hot and I’m betting it. But it took me awhile to grasp the understanding that it doesn’t happen every day nor every week. And there is where money and time management comes into play.

As Getch has stated you should approach it as entertainment. But also we’re here to win money so I would generally ease up on my wager amount. It’s definitely smaller than years ago and though not making the big wins, I’m also not making the big losses. It generally is more entertaining and fun this way when betting at a lower amount and less frequencies.

Totally get you, man. Chasing “due” bets used to burn me too. Now I keep it small, bet less often, and it’s way more fun. Appreciate the reminder!

[kyhawk]

I think if you have a big bankroll and can lose thousands and find a small edge you can do it.

1 in a million Billy Walters though.

The other way it is much like a job and scalping small profits.

I think your edge disappears quickly also.
Scalping Odds & Arbitrage Betting - No Lose Situations

https://youtu.be/TJEL9x0clDw?si=v5uYqIiMXp4KryYz

[arie1985]

2) Sports-Gambling = Net Income.
...Not many guys fall into this category. Strict requirements to qualify.
...A sports-gambling expert is putting in the hard yards. They're studying the game. They do the preparation.
...They're carving out an edge and submitting +EV plays. There's volatility in results, but they win over time. They turn a profit almost every calendar year.

I don't know who are "these" people turning a profit amost every calendar year, a friend of mine owns 20% of Roobet and I know how much he has in his bank, he definitely makes money every year, more than most people can even dream of.

So no, the whole structure of gambling is not built for the gambler to profit. I am not saying it's impossible to be in profits, but the risk involved and the potential reward that could be given - makes me think you'd either be the house - or just avoid it.

I'm talking about over 25 years of gambling experience, I've seen it all.

I used to bet myself with William Hill there would be a goal scored, I'd watch it on online and see a goal scored, I'd be able to bet it and the bet was accepted, I made quite a bunch from it. Today's live betting is not the same, the markets are so much more efficient.

I am not saying avoid gambling if you like it ... if it brings you joy to life or make your life less boring then who am I to preach you otherwise?! I am just saying the odds are properly, very well stacked against you. Now you make your choice however you like it.

[arie1985]

If someone bets a favorite at -10000 for $100, then decides they don't want to take the risk, they can buy out of it by betting the other side at +3000 and only lose $2.21, or 2.19%.

If someone bets a team at -110, then decides they don't want to take that risk, they can buy out of it by betting the other side at -110 and lose $9.09, or 4.55%.

You seem to analyze the chances from probabality / stats perspective, that could or might work if you know how to play with the numbers and make sense out of them.

For most people gambling is about thinking who's going to win, over/under and such and send the bet, based on a hunch, feeling, watching it, streak etc.

Like I mentioned, if you turn this into your "job" and you like it - go for it ... this is not something I'd enjoy doing, no way I'd get into it. I think the average Joe should not even consider this either, it's not so simple to make money from the numbers, you might need algorithms and softwares to crunch numbers and even then - go figure ... nah, not for me.

I'd repeat - the average Joe doesn't bet in this way. The average Joe shouldn't be betting for "net income".

[stevenash]

If someone bets a favorite at -10000 for $100, then decides they don't want to take the risk, they can buy out of it by betting the other side at +3000 and only lose $2.21, or 2.19%.

If someone bets a team at -110, then decides they don't want to take that risk, they can buy out of it by betting the other side at -110 and lose $9.09, or 4.55%.

Solid post.

[TommieGunshot]

-10000/+3000.
That juice is so ridiculously insane.
It's like being held up without a gun.

If someone bets a favorite at -10000 for $100, then decides they don't want to take the risk, they can buy out of it by betting the other side at +3000 and only lose $2.21, or 2.19%.

If someone bets a team at -110, then decides they don't want to take that risk, they can buy out of it by betting the other side at -110 and lose $9.09, or 4.55%.

[str]

NBA is the easist sport. If you can't beat NBA you can't win brother. Procappers.TV. Baseball because of the volume is easy too

Oh to be young and cocky.
Watch your six sir, as life is lining you up as we speak.
Hang on, it’s a wild ride with many a lesson to be learned … or not.

[ProCappersTv]

NBA is the easist sport. If you can't beat NBA you can't win brother. Procappers.TV. Baseball because of the volume is easy too

[arie1985]

1) about double what I could make in the workforce.

The risks/odds/rigging invovled is not worth it, I'd settle for 50% less with a solid job.

[stevenash]

If you had over 270 points in Wednesday's Pacers game and the Wolves tonight laying -40 points in a two-team adjusted line parlay, you can retire right now as a billionaire, sipping exotic cocktails with a little umbrella on your beachfront villa in Tahiti.

It bears repeating, the best line I heard all month came from Jason McIntyre, who said, "You don't have to bet the NBA on a nightly basis, betting on the NBA is a suicide mission."

[stevenash]

Lay 10,000 to win 100 or put up 100 to win 3000 what's wrong with this picture?

-10000/+3000.
That juice is so ridiculously insane.
It's like being held up without a gun.

[ChuckyTheGoat]

Wolves lose tonight grab the Money Line....Now

Sporting results are sometimes so counter-intuitive. You just never know.

[dollarbill]

Lay 10,000 to win 100 or put up 100 to win 3000 what's wrong with this picture?

[dollarbill]

Wolves lose tonight grab the Money Line....Now

[ChuckyTheGoat]

Your post is very good, str. Props on the success. Thx for posting.

For any bet, a good starting point is the tax that we have to overcome:
1) For sports, it's mostly a game of 11-to-10. So, $210 gross is paid out for every $220 risked. Assuming a balanced side of bets, we're down $10 for every $220 bet. -4.5%.

2) For horses, this is the house take. Varies by track and type of bet. If it's 18% on average, that's a huge hurdle to overcome. It's so big of a hurdle, that most sports-bettors are scared off. Too big of a tax for most to even think about profiting.

3) For poker, it's the rake. In tournaments, how much is pulled off from the buy-ins? That's normally 10 to 20%. For cash-games, it's a rake for each hand. If ten players buy in for $100 each, that's $1000 on the table. If rake extracts $60 per hour, you have to figure out how to overcome that.

[str]

Well, I am a number 2. But if you are looking for it to be lots of fun , well good luck with that.
It is a mental grind and my way takes a lot of the
“ fun” or pure gamble out of It. it is never for action or a game on TV. Never !
Because it is a grind in sports, I do the NFL, College Football a little but no baseball or baskets anymore.
I do not have the drive to do this year round like I did. Love the NFL so it’s mainly that.
The racetrack I just don’t have time everyday or the desire to be active other than the triple crown, Breeders Cup, and major races. Just too busy.

My horse Thread keeps me interested in those. Occasionally, I’ll follow a situation that is discussed in my thread but that’s usually it .
The good part of the lack of drive is that forcing any play on anything is non existent. If I don’t love it, I don’t play by it which leads to a bit higher of a win percentage with many less plays.
For every bet made since 1980 , I’m up in most categories but The NBA I am down. Haven’t Played it In probably 20 years at this point so that will stand. Up modestly in others but way ahead in the NFL , and the horses. The horses is a little unfair because of my decades working in it. Way ahead but being as it was my career, if I wasn’t it would be humiliating.
While it is rewarding to typically show profit from year to year and certainly decade to decade, I won’t say it is fun other than the fact that the number is up most years. I mean no matter how long you’ve been doing it, not much beats the winning. Very rewarding that being able to do that most years takes place. But again, it never really stops. It’s a lifetime of achievement not a seasonal thing for me.
Hope that makes sense .
Good luck everyone!

[mjsuax13]

It’s a tough game. I’ve been up over $100k and down over $100k. No question I am down long term.

[ChuckyTheGoat]

Close to break-even over time.

[ChuckyTheGoat]

Doesn't have the discipline to consistently fall into Category #2. Close