Futures are for suckers

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  • rake922
    SBR Posting Legend
    • 12-23-07
    • 11692

    #1
    Futures are for suckers
    Who's with me
    15
    Thats True
    0%
    6
    That's false
    0%
    9
  • curious
    Restricted User
    • 07-20-07
    • 9093

    #2
    Originally posted by rake922
    Who's with me
    I have a dime on Tampa Bay to win the superbowl at 50-1.
    Comment
    • rake922
      SBR Posting Legend
      • 12-23-07
      • 11692

      #3
      Originally posted by curious
      I have a dime on Tampa Bay to win the superbowl at 50-1.
      sounds like a sportsbook just made a grand then
      Comment
      • d ray
        SBR Hustler
        • 12-29-07
        • 90

        #4
        couldn't disagree more
        Comment
        • Cee
          SBR MVP
          • 12-24-07
          • 1899

          #5
          Originally posted by d ray
          couldn't disagree more
          uh oh, d ray is here
          Comment
          • d ray
            SBR Hustler
            • 12-29-07
            • 90

            #6
            Comment
            • Cee
              SBR MVP
              • 12-24-07
              • 1899

              #7
              Originally posted by d ray
              Comment
              • rake922
                SBR Posting Legend
                • 12-23-07
                • 11692

                #8
                some great input in here
                Comment
                • d ray
                  SBR Hustler
                  • 12-29-07
                  • 90

                  #9
                  you can find good value in futures at times, i don't bet them alot, but won 2 this year in baseball for total wins. over for royals and cubs.
                  Comment
                  • durito
                    SBR Posting Legend
                    • 07-03-06
                    • 13173

                    #10
                    Well you are asking a rather odd question.

                    If you could get New England +5000 to make the AFC Champ game, would you take it?

                    That's obviously a ridiculous line, but like any other bet some futures can have value. There is more to consider than a game that's say tonight (ie time value of money).

                    But, blanket statements like futures are for suckers or they aren't just don't make any sense.
                    Comment
                    • d ray
                      SBR Hustler
                      • 12-29-07
                      • 90

                      #11
                      i also think for sports like college BB, if you pick a team or two to win the national title and get good odds, you can hedge it in the tournament and guarentee yourself money.
                      Comment
                      • Bill Dozer
                        www.twitter.com/BillDozer
                        • 07-12-05
                        • 10894

                        #12
                        Futures are good markets just like any other. Tradesports has some of the sharpest people playing prediction markets and a lot of bookmakers like to buy positions they can bet off later.

                        But, they can be traps. It's a good way for a book to scam users. They can have great attractive odds and only end up scamming 1/30th of the bettors.

                        If you bet a line with no value, you give the book your money to make interest on for 6 months and then they give it back to players after keeping the juice.
                        Comment
                        • SBR Lou
                          BARRELED IN @ SBR!
                          • 08-02-07
                          • 37863

                          #13
                          I personally think there's great value in Indy to win the SB, if you can find the best odds.
                          Comment
                          • Bill Dozer
                            www.twitter.com/BillDozer
                            • 07-12-05
                            • 10894

                            #14
                            Originally posted by crazyl
                            I personally think there's great value in Indy to win the SB, if you can find the best odds.
                            Me too. Anytime there is such a high profiled public team like the Pats there is potential value on the 2nd and 3rd best IMO. The Pats are beatable.
                            Comment
                            • rm18
                              SBR Posting Legend
                              • 09-20-05
                              • 22291

                              #15
                              mostly they are, I would almost never play a future that is not at least 30/1 or more, I did pick up Washington at 50/1 to win the NFC at beted before the Cowboys game though,
                              Comment
                              • idontlikerocks
                                SBR Wise Guy
                                • 10-09-07
                                • 571

                                #16
                                sharper players can use these futures to great advantage so long as they are willing to tie up their funds for a while. but i understand the idea that these are sucker bets as my friends at work are always playing some of these with high hopes and most of them are sucker bettors. One of my friends had st louis winning over 7 1/2 games. For the regular joe, these can be of great value when betting number of wins a team will have for the year because he essentially feels like he has money riding on every game of the season for a small iinitial play. i personally like to find great value plays here when they forget or are slow to change the odds after some games have played. picked up ohio st at 20 - 1 when it was obvious they had a good shot to make the title game, the next day it was down to +450.
                                Comment
                                • HedgeHog
                                  SBR Posting Legend
                                  • 09-11-07
                                  • 10128

                                  #17
                                  Originally posted by rake922
                                  Who's with me
                                  What an idiotic statement. I have found many value plays over the years by combing thru futures. Colorado to win the national league most recently. Judging by your avatar, you've been out in the sun too long.
                                  Comment
                                  • tblues2005
                                    SBR Hall of Famer
                                    • 07-30-06
                                    • 9235

                                    #18
                                    I have found many values over the years also on futures so I do disagree with his statement.
                                    Comment
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