RUDYmentary: Value for recreational bettors

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • RudyRuetigger
    SBR Aristocracy
    • 08-24-10
    • 65084

    #1
    RUDYmentary: Value for recreational bettors
    Value has different meanings depending if you are sharp or square. In this, we are just talking squares. A recreational bettor's value comes from the play plus the entertainment value. We will assume a recreational player is 50/50 on -110 lines, otherwise known as a dart thrower or coin flipper

    So with $110 wagered on -110 line, you expect to win (-$5) each time. HOW?

    Game 1 risked $110 and lost (-$110)
    Game 2 risked $110 and won (+100)

    Net result is -$10 divided by 2 games...meaning you expect to lose $5 for each bet placed.

    In the equation VALUE = play value (x) + entertainment value (y)
    Value = -$5 + y.....

    How long are sports games? We will use 3 hours for NFL,NCAAF...2 hours for NCAAB....and 2.5 hours for NBA and NHL.......that is 2.6 hours, or 156minutes

    Where to go from here?.. Well the entertainment value could be anything you want it to be. HOWEVER, we know something similar that you watch for entertainment value. Movies. The average price of a movie in the theatre for the first quarter of 2018 was $9.16. The average movie length is around 110 minutes.


    When setting up a ratio

    $9.16/110minutes = y/156minutes we find that y = $12.99




    From the equation earlier:

    Value = x + y
    Value = -$5 + $12.99
    Value = $7.99
    Last edited by RudyRuetigger; 01-18-19, 10:03 AM.
  • RudyRuetigger
    SBR Aristocracy
    • 08-24-10
    • 65084

    #2
    so a recreational does have value when placing a bet
    Last edited by RudyRuetigger; 01-18-19, 10:05 AM.
    Comment
    • lakerboy
      SBR Aristocracy
      • 04-02-09
      • 94379

      #3
      Excellent post
      Comment
      • RudyRuetigger
        SBR Aristocracy
        • 08-24-10
        • 65084

        #4
        Originally posted by lakerboy
        Excellent post
        thanks bro

        i am just helping those squares out there see that they are actually getting VALUE



        and also to show their girlfriend/wife as to why they should be betting $110 on a game instead of going to the movies for $9.16


        Comment
        • Sam Odom
          SBR Aristocracy
          • 10-30-05
          • 58063

          #5
          jjgold is crunching these numbers... will report back
          Comment
          • RudyRuetigger
            SBR Aristocracy
            • 08-24-10
            • 65084

            #6
            Originally posted by Sam Odom
            jjgold is crunching these numbers... will report back
            better to win than lose

            i am winning as a loser sammy
            Comment
            • SamsNCharge99
              SBR Aristocracy
              • 10-22-08
              • 41242

              #7
              but what if x is squared and y is squared. Then the antiderivative of x squared is odd and it's a friday?
              Comment
              • RudyRuetigger
                SBR Aristocracy
                • 08-24-10
                • 65084

                #8
                Originally posted by SamsNCharge99
                but what if x is squared and y is squared. Then the antiderivative of x squared is odd and it's a friday?
                Comment
                • SamsNCharge99
                  SBR Aristocracy
                  • 10-22-08
                  • 41242

                  #9
                  I remember the day clearly when I dropped out of college. That was what the teacher was teaching on a tuesday class. Why numbers were odd and even based on crazy calculus and antiderivatives.

                  We went to class Thursday and she was like ok pop quiz on what we just learned and I'm like get the fukk out of here, i don't understand this at all, this is insane and I walked up and said thank you to the teacher, gave the sorority girl next to me my number and walked out.

                  IN retrospect, still the best decision i made
                  Comment
                  • RudyRuetigger
                    SBR Aristocracy
                    • 08-24-10
                    • 65084

                    #10
                    sammy why didnt you get her number?

                    no fukkin way she called/texted you
                    Comment
                    • HurryUpAndDrink
                      SBR Posting Legend
                      • 08-23-13
                      • 13017

                      #11
                      interesting thread!!
                      Comment
                      • SamsNCharge99
                        SBR Aristocracy
                        • 10-22-08
                        • 41242

                        #12
                        Originally posted by RudyRuetigger
                        sammy why didnt you get her number?

                        no fukkin way she called/texted you
                        Actually when I dropped out it was in October. I still lived in my fraternity house until May when school got out. So i worked 35-40 hours a week every week and still got to party and live in the frat house.

                        So I followed up on the number and was able to close.

                        I was a fraternity legend, still have some of my original events in place now. Still in same frat house that I helped get. Still have the mirrors over the bed that I installed in my room hahaha.

                        Remember my dancing videos from the past. Sorority girls knew who I was. That was the best year of my life
                        Comment
                        • Sam Odom
                          SBR Aristocracy
                          • 10-30-05
                          • 58063

                          #13
                          Originally posted by SamsNCharge99

                          I remember the day clearly when I dropped out of college

                          The prior days/months you spent on SBR gave you the strength to walkaway - we helped in molding you to who you are today
                          Comment
                          • RudyRuetigger
                            SBR Aristocracy
                            • 08-24-10
                            • 65084

                            #14
                            Originally posted by HurryUpAndDrink
                            interesting thread!!
                            thanks bossman
                            Originally posted by SamsNCharge99
                            Actually when I dropped out it was in October. I still lived in my fraternity house until May when school got out. So i worked 35-40 hours a week every week and still got to party and live in the frat house.

                            So I followed up on the number and was able to close.

                            I was a fraternity legend, still have some of my original events in place now. Still in same frat house that I helped get. Still have the mirrors over the bed that I installed in my room hahaha.

                            Remember my dancing videos from the past. Sorority girls knew who I was. That was the best year of my life
                            mine was freshman year

                            i remember most everything around here, including sammys video

                            Comment
                            • SamsNCharge99
                              SBR Aristocracy
                              • 10-22-08
                              • 41242

                              #15
                              much better dancer now hahahaha. But this worked for the time

                              Comment
                              • Mackballs
                                SBR Hall of Famer
                                • 12-01-16
                                • 5810

                                #16
                                Amazing work

                                Only problem for me is I'm a 38% documented loser
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  Rudy let me explain something to you

                                  Sports Betting is all random, throw out EVERYTHING ELSE
                                  Comment
                                  • SlickFazzer
                                    SBR Posting Legend
                                    • 05-22-08
                                    • 20209

                                    #18
                                    Great content provided in this thread.

                                    thanks for sharing.
                                    Comment
                                    • RudyRuetigger
                                      SBR Aristocracy
                                      • 08-24-10
                                      • 65084

                                      #19
                                      Originally posted by jjgold
                                      Rudy let me explain something to you

                                      Sports Betting is all random, throw out EVERYTHING ELSE
                                      did you read thread?

                                      that is why it is better than going to the movies

                                      fukk man


                                      HELP ME.....HELP YOU
                                      Comment
                                      • SlickFazzer
                                        SBR Posting Legend
                                        • 05-22-08
                                        • 20209

                                        #20
                                        JJ took a shot at Professional Gambling years ago and failed... but he says he will be back again someday betting
                                        with the big boys as a Pro Gambler.
                                        Comment
                                        • RudyRuetigger
                                          SBR Aristocracy
                                          • 08-24-10
                                          • 65084

                                          #21
                                          maybe it happened

                                          he is hitting an unreal pace right now

                                          the super blood wolf moon is this sunday



                                          ive been around nursing homes and my guess is....his winning streak ends then
                                          Comment
                                          • jjgold
                                            SBR Aristocracy
                                            • 07-20-05
                                            • 388179

                                            #22
                                            Comment
                                            • SlickFazzer
                                              SBR Posting Legend
                                              • 05-22-08
                                              • 20209

                                              #23
                                              A really nice looking card here.

                                              THanks for posting Joey.
                                              Comment
                                              • RudyRuetigger
                                                SBR Aristocracy
                                                • 08-24-10
                                                • 65084

                                                #24
                                                except for spurettes/TIMBERWOLVES
                                                Comment
                                                SBR Contests
                                                Collapse
                                                Top-Rated US Sportsbooks
                                                Collapse
                                                Working...