1. #1
    Sam Odom
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    Just Really... MLB : How good is beating the closing line by 10c ?

    Sammy's dear friend NoCoin used to say zero advantage... Maybe you'll lose more

    Example : Get Team A -121... Closes at A -131

    Any real $$$ advantage ?

  2. #2
    vividjohn45
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    In your example was jj on the dog and posting it in his spread sheet? + Expected value

  3. #3
    jjgold
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    Doesn’t mean anything

  4. #4
    Sam Odom
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    Quote Originally Posted by jjgold View Post


    Doesn’t mean anything



  5. #5
    funnyb25
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    Ask LT

  6. #6
    Sam Odom
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    where is Mathy when you need him

  7. #7
    TommieGunshot
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    Quote Originally Posted by jjgold View Post
    Doesn’t mean anything
    At -131, a winning bet pays out 76%; at -121 is pays out 83%. At that number, favorite should win about 57% of the time, so more than 3% better. Or it means more than $30,000 for every $1,000,000 bet (a level most of us can reach every few years). Of course $30,000 over a few years means hardly anything to someone like you who wins so much.

    Would need to know the takeback to get the most accurate edge. With 10-cent lines, that means it closes -131/121. Getting -121 is exactly the same as the book, which means your edge should be whatever their edge is (around 2.3% on baseball).

  8. #8
    KiDBaZkiT
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    Cap the games not the lines. Thank me later.

  9. #9
    ChuckyTheGoat
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    Quote Originally Posted by jjgold View Post
    Doesn’t mean anything
    Duly noted. Watch + learn, boys. If JJ it doesn't mean anything...that means that it's EVERYTHING.

    Give me that portfolio every day of the week. And twice on Sundays.

  10. #10
    jjgold
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    IT MEANS NOTHING, random beating closers

    WHY?????

    Yeh you beat some closers 10 -30 cents but you also have tons of bets you get 20 cents or worse!!!

    Squares born every minute here, long run you get destroyed gambling daily all sports unless your risk free arbing, hedging and bonus pros

  11. #11
    ChuckyTheGoat
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    Plz shut the fk up.

  12. #12
    CWD
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    bonus pros is that what they call u when u wiggle william hill for $50 spot sign up bonus

  13. #13
    DrunkHorseplayer
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    It's huge, especially when you're betting into a 10 cent line. If you do that on a consistent basis and the book is tracking you, you'll be booted.

  14. #14
    jjgold
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    Nobody does it on a consistent basis

  15. #15
    asiagambler
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    It is good but you need to do it about 80% of the time to win long term

  16. #16
    ChuckyTheGoat
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    Quote Originally Posted by jjgold View Post
    Nobody does it on a consistent basis
    You're a retard. Plz get lost.

  17. #17
    RudyRuetigger
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    sammy this could be your dumbest question ever

    which speaks VOLUMES

  18. #18
    jjgold
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    People chasing the dream to be broke never forget that

  19. #19
    sweep
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    Impossible to beat a closer in NJ....Lines too wide. Can cherry pick dogs and props here & there that are better than the market but it takes A TON of time. MLB run lines only thing Ive seen that can be +ev so far in NJ. That said, I got a payout from BetStars in 6 minutes yesterday to their play+ card

  20. #20
    vampire assassin
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    Quote Originally Posted by TommieGunshot View Post
    At -131, a winning bet pays out 76%; at -121 is pays out 83%. At that number, favorite should win about 57% of the time, so more than 3% better. Or it means more than $30,000 for every $1,000,000 bet (a level most of us can reach every few years). Of course $30,000 over a few years means hardly anything to someone like you who wins so much.

    Would need to know the takeback to get the most accurate edge. With 10-cent lines, that means it closes -131/121. Getting -121 is exactly the same as the book, which means your edge should be whatever their edge is (around 2.3% on baseball).
    It doesn't work that way.

    When the line moves one direction with no reversals, the closing line is the move after the last bet good enough for a pro to fire. If a pro thought he had a 2% edge and fired at -127, perhaps the book moved to -132. In that case, -127 had a player advantage of 2%. You got -121, so your advantage is closer to 4.5%.

    If a player consistently beats a big market closer by 10 cents, he will crush that market.

  21. #21
    Sam Odom
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    Quote Originally Posted by vampire assassin View Post

    If a player consistently beats a big market closer by 10 cents, he will crush that market.


  22. #22
    TheMoneyShot
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    Don't worry about beating the line... just pick winners.

  23. #23
    ChuckyTheGoat
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    Quote Originally Posted by TheMoneyShot View Post
    Don't worry about beating the line... just pick winners.
    U Rockefeller now?

  24. #24
    ChuckyTheGoat
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    Quote Originally Posted by Sam Odom View Post
    Sam, how did u go about picking that avatar?

  25. #25
    Sam Odom
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    Quote Originally Posted by ChuckyTheGoat View Post


    Sam, how did u go about picking that avatar?
    Guy is a Tout... Fuk Him

  26. #26
    TheMoneyShot
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    Quote Originally Posted by Sam Odom View Post
    Guy is a Tout... Fuk Him
    Looks like a politician

  27. #27
    kingdom
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    Quote Originally Posted by TheMoneyShot View Post
    Looks like a politician
    Trump, Al Gore, and Jimmy Carter in a blender.

  28. #28
    stackz125
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    Quote Originally Posted by jjgold View Post
    IT MEANS NOTHING, random beating closers

    WHY?????

    Yeh you beat some closers 10 -30 cents but you also have tons of bets you get 20 cents or worse!!!

    Squares born every minute here, long run you get destroyed gambling daily all sports unless your risk free arbing, hedging and bonus pros

  29. #29
    BuckyOne
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    Sam - you would have the world by the NUTS! If you average beating the closing line in baseball on a 10 cent line or better by 10 cents (unless they are all -200) you will make a lot of money and you could do it several ways.

    But, you are in la la land dreaming. Nobody is that good!

  30. #30
    Sam Odom
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    Thanks Bucky

    GL


  31. #31
    ChuckyTheGoat
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    Quote Originally Posted by BuckyOne View Post
    Sam - you would have the world by the NUTS! If you average beating the closing line in baseball on a 10 cent line or better by 10 cents (unless they are all -200) you will make a lot of money and you could do it several ways.

    But, you are in la la land dreaming. Nobody is that good!
    Bucky is spot on here. It's a simple concept. But hard to execute.

    Think about it like a compound interest machine. If you had a printing press that was spitting out +2.3% on every spin, what's not to like?

  32. #32
    ChuckyTheGoat
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    Quote Originally Posted by TheMoneyShot View Post
    Looks like a politician
    Funny thing, Shot. He IS a politician!

    Root is noted as a Tout. But he also dabbled in politics. Amazingly, Root was VP on Libertarian ticket in 2008 (w/ Barr).

  33. #33
    ChuckyTheGoat
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    Though in the same graduating class as
    Barack Obama
    at
    Columbia University
    , Root has stated on a number of occasions that he has no recollection of having met or seen Obama at Columbia.

  34. #34
    Sam Odom
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    Quote Originally Posted by ChuckyTheGoat View Post


    Root has stated on a number of occasions that he has no recollection of having met or seen Obama at Columbia.


    So have others

  35. #35
    bettingman6
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    Quote Originally Posted by Sam Odom View Post
    Sammy's dear friend NoCoin used to say zero advantage... Maybe you'll lose more

    Example : Get Team A -121... Closes at A -131

    Any real $$$ advantage ?
    Of course it has an advantage. You'd automatically get more money if you win the bet. The advantage for a better line is more obvious in baseball than it is in any other sport. Getting a better line will help you in about half of your baseball bets. (The bets you win)

    In basketball and football, getting an extra point on the spread is only going to make a difference in a small number of games, but the games where it will help you it will be a huge deal. (Since it would mean the difference between winning and losing the bet, or at least would turn a push into a win or a loss into a push.) Basically in baseball a better line will help you a little bit in a large number of games, while in basketball and football a better line will help you a lot in a small number of games.
    Last edited by bettingman6; 07-29-19 at 11:44 AM.
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