Bet 2 games & go 1-1, or bet 100 and go 50-50, does it matter?

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  • robzilla
    SBR MVP
    • 10-25-07
    • 3556

    #1
    Bet 2 games & go 1-1, or bet 100 and go 50-50, does it matter?
    What is the point of capping 100 games, or 2 games if the result is going to be the same? are you really eliminating risk by betting more games?

    I know there is many different schools of thought on this.
  • Powderguy
    SBR Hall of Famer
    • 09-18-09
    • 6939

    #2
    Doesn't the juice factor into it in the end?
    Comment
    • robzilla
      SBR MVP
      • 10-25-07
      • 3556

      #3
      Originally posted by Powderguy
      Doesn't the juice factor into it in the end?
      okay, lets assume that its all -110. does it matter now?
      Comment
      • B1GER1C828
        SBR Posting Legend
        • 07-31-07
        • 10244

        #4
        People who bet liek 100 games in a day are finding value in them all. They might have a 2% edge in each game so if their betting 100 bux a game, at the end of their day their expected to be up 200 dollars.
        Comment
        • jkilla990
          SBR Wise Guy
          • 08-28-10
          • 713

          #5
          Originally posted by robzilla
          okay, lets assume that its all -110. does it matter now?
          It actually matters alot, if you go 1-1, you lose .1 units.
          if u go 50-50, you lose 5 units.
          Comment
          • robzilla
            SBR MVP
            • 10-25-07
            • 3556

            #6
            Originally posted by jkilla990
            It actually matters alot, if you go 1-1, you lose .1 units. if u go 50-50, you lose 5 units.
            okay, well with betting 2 games there are 3 outcomes. 0-2, 1-1, 2-0 (0%, 50%, 100%).
            if you bet 100 games, with a 2% edge, maybe you win 52% long term... so i guess that is the thinking. +2% is better than, 3 outcome of which 1 is breakeven or less with juice or 0%.
            Comment
            • FourLengthsClear
              SBR MVP
              • 12-29-10
              • 3808

              #7
              More games = reduced variance.

              Based on a 50% hit rate
              Chances of going 0-2 are 25%
              Chances of going 0-10 are less than 0.1%.

              At the end of the day if you are a losing bettor, you might as well go all-in on two plays (also 25% chance of going 2-0) but if you are an advantage bettor, reducing variance and amplifying your edge is key.
              Comment
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