Which is better less juice or 1/2 point

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  • eyeball
    SBR Wise Guy
    • 08-14-07
    • 988

    #1
    Which is better less juice or 1/2 point
    Which would you guys play a -7 -110 or a -7.5 +100.
    Sometimes on Matcbook they have some weird lines with hardly any juice, but the line is usually 1/2 worse than everywhere else. I was wondering which is a better deal in the long run. I was thinking take the 1/2 point because you don't pay any juice unless you win. What do you experts out there think?
  • durito
    SBR Posting Legend
    • 07-03-06
    • 13173

    #2
    Comment
    • louisvillekid
      SBR Hall of Famer
      • 08-14-07
      • 9262

      #3
      i'm no expert, but IMO, i would take -7 at -110.
      Comment
      • idontlikerocks
        SBR Wise Guy
        • 10-09-07
        • 571

        #4
        may as well buy another half -6 1/2
        Comment
        • eyeball
          SBR Wise Guy
          • 08-14-07
          • 988

          #5
          I wasn't referring to buying a point just sometimes the various books will have lines like I stated with diffrent juice amounts. Sometimes you get beat by 1/2, the booking system is set up using -110. So if one book has it listed a 1/2 POINT WORSE, but with less juice what would you do?
          Comment
          • pavyracer
            SBR Aristocracy
            • 04-12-07
            • 82839

            #6
            Originally posted by eyeball
            Which would you guys play a -7 -110 or a -7.5 +100.
            Sometimes on Matcbook they have some weird lines with hardly any juice, but the line is usually 1/2 worse than everywhere else. I was wondering which is a better deal in the long run. I was thinking take the 1/2 point because you don't pay any juice unless you win. What do you experts out there think?
            I always prefer a juiced winning bet rather than a non-juiced losing bet.
            Comment
            • curious
              Restricted User
              • 07-20-07
              • 9093

              #7
              Given the choice between getting points or giving up juice, I would almost always take the points. I would rather have a win at -110 than a loss at +100. Ganch be dammed. (Because I figure he will post a three page college course on some obscure probability and statistics formula that no one will understand).
              Comment
              • 20Four7
                SBR Hall of Famer
                • 04-08-07
                • 6703

                #8
                The Ganchulator will tell you which is better but I have to have a damned good reason to give 7 1/2. Much the same as I need a Damned good reason to only get 6 1/2. I like houston today and bought to 7 1/2 even tho I think they will win outright. I have them 6 points better in my handicapping.
                Comment
                • prop
                  SBR MVP
                  • 09-04-07
                  • 1073

                  #9
                  In this example -7 -110 is better.
                  Comment
                  • Ganchrow
                    SBR Hall of Famer
                    • 08-28-05
                    • 5011

                    #10
                    Originally posted by eyeball
                    Which would you guys play a -7 -110 or a -7.5 +100.
                    Sometimes on Matcbook they have some weird lines with hardly any juice, but the line is usually 1/2 worse than everywhere else. I was wondering which is a better deal in the long run. I was thinking take the 1/2 point because you don't pay any juice unless you win. What do you experts out there think?
                    Using my half-point calculator:
                    1. Set the spread to 7 in the above portion of the calculator
                    2. Set both the fave and dog prices to -110, also in the above portion of the calculator
                    3. In the bottom portion of the calculator, next to a spread of 7.5, set the fave price to +100.
                    4. the fave edge next to a spread and price of -7 -110 is -4.5%
                    5. the fave edge next to a spread and price of -7.5 +100 is -5.7%

                    Hence, the -7 -110 is superior to the -7.5 +100.
                    Comment
                    • eyeball
                      SBR Wise Guy
                      • 08-14-07
                      • 988

                      #11
                      Thanks man I got it..I didn't know how to use the 1/2 point calculator before
                      Comment
                      • curious
                        Restricted User
                        • 07-20-07
                        • 9093

                        #12
                        Ganch is leaving out one small fact. The number of times you will lose if you have -7.5 because of the number of games that are decided by 7 points. The "value" of a 1/2 point is very different when that 1/2 point is the difference between a loss and a push on a danger number like 7 or 3.
                        Comment
                        • jjgold
                          SBR Aristocracy
                          • 07-20-05
                          • 388179

                          #13
                          Buying 1/2 poiunts is one of the biggest sucker bets in the world next to the parlay bet.
                          Comment
                          • Ganchrow
                            SBR Hall of Famer
                            • 08-28-05
                            • 5011

                            #14
                            Originally posted by curious
                            Ganch is leaving out one small fact. The number of times you will lose if you have -7.5 because of the number of games that are decided by 7 points. The "value" of a 1/2 point is very different when that 1/2 point is the difference between a loss and a push on a danger number like 7 or 3.
                            No. It does take that into account. That's the whole point of the calculator -- determining the value of different half-points based upon the likelihood of the associated numbers coming up.

                            In the above example we'd expect the spread to push on the spread of 7 with probability 5.7%, win with probability of about 50%-5.7%/2 = 47.15%, and lose with probability of about 47.15%. impliesa net win probability (i.e., ignoring pushes) of <sup>47.15%</sup> / <sub>(47.15%+47.15%)</sub> = 50%. So at odds of -110, this corresponds to an expectation of about 50% &times; (1+100/110) - 1 = -4.5%.

                            By buying the, 7, we'd turn all our pushes into losses, while leaving our wins unchanged. This gives us a win probability of the same 47.15% but a loss probability of about 47.15%+5.7% = 52.85%. At odds of +100, this corresponds to an expectation of about 47.15%*2 - 1 = -5.7%.

                            So based upon the above, the -7 -110 would be preferable to the -7.5 +100.
                            Comment
                            • Ganchrow
                              SBR Hall of Famer
                              • 08-28-05
                              • 5011

                              #15
                              Originally posted by jjgold
                              Buying 1/2 poiunts is one of the biggest sucker bets in the world next to the parlay bet.
                              Anyone who generalizes is making a huge mistake.
                              Comment
                              • eyeball
                                SBR Wise Guy
                                • 08-14-07
                                • 988

                                #16
                                Ganch,
                                I am having trouble locating the 1/2 point calculator on the web site. Is it in this forum section, or on the SBR Odds. Because it is not listed in the tools or calculator section.
                                Comment
                                • Ganchrow
                                  SBR Hall of Famer
                                  • 08-28-05
                                  • 5011

                                  #17
                                  Originally posted by eyeball
                                  Ganch,
                                  I am having trouble locating the 1/2 point calculator on the web site. Is it in this forum section, or on the SBR Odds. Because it is not listed in the tools or calculator section.
                                  Click "Tools" above (from the forum), taking you to http://www.sbrforum.com/Betting+Tools/Home.aspx. Then click on the half-point calculator.
                                  Comment
                                  • eyeball
                                    SBR Wise Guy
                                    • 08-14-07
                                    • 988

                                    #18
                                    It Works

                                    Tht calculator is great, I tried it with a few spreads, it really tells you when to shop for a 1/2 point or not.
                                    Comment
                                    • bigboydan
                                      SBR Aristocracy
                                      • 08-10-05
                                      • 55420

                                      #19
                                      Originally posted by eyeball
                                      Tht calculator is great,
                                      ALL Ganchrow's betting tools are very useful.
                                      Comment
                                      • curious
                                        Restricted User
                                        • 07-20-07
                                        • 9093

                                        #20
                                        Originally posted by Ganchrow
                                        No. It does take that into account. That's the whole point of the calculator -- determining the value of different half-points based upon the likelihood of the associated numbers coming up.

                                        In the above example we'd expect the spread to push on the spread of 7 with probability 5.7%, win with probability of about 50%-5.7%/2 = 47.15%, and lose with probability of about 47.15%. impliesa net win probability (i.e., ignoring pushes) of <sup>47.15%</sup> / <sub>(47.15%+47.15%)</sub> = 50%. So at odds of -110, this corresponds to an expectation of about 50% &times; (1+100/110) - 1 = -4.5%.

                                        By buying the, 7, we'd turn all our pushes into losses, while leaving our wins unchanged. This gives us a win probability of the same 47.15% but a loss probability of about 47.15%+5.7% = 52.85%. At odds of +100, this corresponds to an expectation of about 47.15%*2 - 1 = -5.7%.

                                        So based upon the above, the -7 -110 would be preferable to the -7.5 +100.
                                        Well, I talked to you about this before and you said that I didn't understand the probability of a push for a given total chart and it had no bearing on whether you should buy a 1/2 point or not and you argued with me that a 1/2 point should never be bought to get off of danger numbers. So I guess I am confused as to what you really believe.
                                        Comment
                                        • durito
                                          SBR Posting Legend
                                          • 07-03-06
                                          • 13173

                                          #21
                                          Originally posted by curious
                                          Well, I talked to you about this before and you said that I didn't understand the probability of a push for a given total chart and it had no bearing on whether you should buy a 1/2 point or not and you argued with me that a 1/2 point should never be bought to get off of danger numbers. So I guess I am confused as to what you really believe.
                                          Comment
                                          • Ganchrow
                                            SBR Hall of Famer
                                            • 08-28-05
                                            • 5011

                                            #22
                                            Originally posted by curious
                                            You said that ... [the push probability chart] had no bearing on whether you should buy a 1/2 point or not and you argued with me that a 1/2 point should never be bought to get off of danger numbers.
                                            You must have misunderstood me. I wouldn't have said that.
                                            Comment
                                            • Dark Horse
                                              SBR Posting Legend
                                              • 12-14-05
                                              • 13764

                                              #23
                                              As a rule of thumb, buy on/off and even through 3 (if the price is right), buy on/off 7, and buy on/off the total 37. This is for the NFL and based on the math in 'Win More, Lose Less'. Things are different in college; easier to find middles around big spreads like 17.
                                              Comment
                                              • Ganchrow
                                                SBR Hall of Famer
                                                • 08-28-05
                                                • 5011

                                                #24
                                                Originally posted by Dark Horse
                                                As a rule of thumb, buy on/off and even through 3 (if the price is right), buy on/off 7, and buy on/off the total 37. This is for the NFL and based on the math in 'Win More, Lose Less'. Things are different in college; easier to find middles around big spreads like 17.
                                                Obviously it depends on how much they're charging you. That where the half-point calculator comes in handy.
                                                Comment
                                                • crysbreeze
                                                  SBR Rookie
                                                  • 10-22-07
                                                  • 20

                                                  #25
                                                  Is there any chance an addition of football 1st and 2nd halves and/or NHL totals to the half point calculator is in the works? If not, is there a rough manual way to calculate these? The tools are amazing and I thank you for providing them.
                                                  Comment
                                                  • Ganchrow
                                                    SBR Hall of Famer
                                                    • 08-28-05
                                                    • 5011

                                                    #26
                                                    Originally posted by crysbreeze
                                                    Is there any chance an addition of football 1st and 2nd halves and/or NHL totals to the half point calculator is in the works? If not, is there a rough manual way to calculate these? The tools are amazing and I thank you for providing them.
                                                    The problem with the NHL is that the rules changes a couple years back have rendered earlier scoring data virtually useless in predicting push likelihoods. That said, I do know of a particularly sharp SBR poster who's been looking at this, and so maybe we'll be able to come up with something.

                                                    As far as 1st and 2nd half numbers go I simply lack sufficient clean data. If anyone happens to know of a good source, I'd certainly look into it.
                                                    Comment
                                                    • bigboydan
                                                      SBR Aristocracy
                                                      • 08-10-05
                                                      • 55420

                                                      #27
                                                      Originally posted by Ganchrow
                                                      The problem with the NHL is that the rules changes a couple years back have rendered earlier scoring data virtually useless in predicting push likelihoods
                                                      Tell me about it Ganchrow.
                                                      Comment
                                                      • eyeball
                                                        SBR Wise Guy
                                                        • 08-14-07
                                                        • 988

                                                        #28
                                                        Am I missing something??

                                                        Ok, I know all the Pro's like the Coach say never buy a 1/2 point. But I used the 1/2 point calculator

                                                        NFl spread at -3 -110 -4.55%

                                                        NFL spread at -2.5 -120 +.64 %

                                                        So if the expectation is a higher % than why not. Can any of the expirenced guys explain this.
                                                        Comment
                                                        • Ganchrow
                                                          SBR Hall of Famer
                                                          • 08-28-05
                                                          • 5011

                                                          #29
                                                          Originally posted by eyeball
                                                          Ok, I know all the Pro's like the Coach say never buy a 1/2 point. But I used the 1/2 point calculator

                                                          NFl spread at -3 -110 -4.55%

                                                          NFL spread at -2.5 -120 +.64 %

                                                          So if the expectation is a higher % than why not. Can any of the expirenced guys explain this.
                                                          1. Never take anything "the Coach" says seriously. Ever.
                                                          2. Anyone who would tell you never to buy a half-point is being exceedingly foolish. Same goes for someone who would tell you always to buy a half-point. Like any any asset, you buy when the price is sufficiently low and sell when it's sufficiently high.
                                                          3. Good luck finding a reputable book that allows you to buy on or off the NFL 3-point for a dime.
                                                          Comment
                                                          • m3vr6
                                                            SBR High Roller
                                                            • 09-16-07
                                                            • 233

                                                            #30
                                                            Originally posted by idontlikerocks
                                                            may as well buy another half -6 1/2
                                                            I agree..
                                                            Comment
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