Does anyone hate the phrase "coin flip" for describing sports betting?

**Masu485** · 07-28-11, 12:05 AM

the zeros in roulette mimic the juice in sports betting.

**cleaveland** · 07-28-11, 12:10 AM

Originally posted by Masu485

the zeros in roulette mimic the juice in sports betting.

I think if you're gonna continue the analogy of the roulette wheel it would be more accurate to say that the juice in sports betting is like if the casino where you were playing roulette charged an admission fee. That's just my way of thinking but I see what you're saying.

Anyways, the term "coin flip" is usually only used about each side's chances of winning so juice is irrelevant in the analogy.

**Tech N9ne** · 07-28-11, 12:14 AM

Just bet steam and you will increase your odds of winning. However, books will kick you if they notice

**Nookx** · 07-28-11, 12:15 AM

coinflips can exist but all that matters is to what statistical degree you are referring to. If the degree is infinite then yes coin flips don't exist statistically.

**Art Vandeleigh** · 07-28-11, 12:33 AM

Never bothered me, usually more appropriate for poker showdowns.

**byronbb** · 07-28-11, 02:14 AM

Point spread are coinflips u clown.

**Gee** · 07-28-11, 02:23 AM

Its all about perception.

At -110 a coin flip bet to me is not a coin flip to someone else.

I don't really understand this thread. Its kinda stupid.

**rm18** · 07-28-11, 03:07 AM

I say it sometimes but not in the sense that you cant beat the game, I say the bet is a coinflip but you are getting +130 so it is a good bet etc.

**cleaveland** · 07-28-11, 05:28 AM

Originally posted by byronbb

Point spread are coinflips u clown.

If you can't attack the message attack the messenger.

Point spreads are not coin flips at all, one side or the other always has an edge.

**cleaveland** · 07-28-11, 05:31 AM

Originally posted by rm18

I say it sometimes but not in the sense that you cant beat the game

I thought you're one of the bettors who consistently wins so why do you say you can't win?

**davidchong** · 07-28-11, 07:47 AM

spread = flip coin

**THE PROFIT** · 07-28-11, 07:51 AM

Originally posted by davidchong

spread = flip coin

I like to think it doesnt, I like to think there's an advantage, but the more years I do this crazy shit the more I understand that if I had just been flipping coins I would do about the fukin same

**milwaukee mike** · 07-28-11, 08:00 AM

Originally posted by cleaveland

If you can't attack the message attack the messenger.

Point spreads are not coin flips at all, one side or the other always has an edge.

i'm not sure one side or the other "always" has an edge unless you're talking about 50.00001%.
if you analyze every game and take the right side every time, in the long run you will still probably be behind with the juice.
if you do absolutely NO analysis and take bonuses all over the place, betting against yourself, you will be way ahead in the long run with almost no effort.

granted this is becoming more and more difficult for the u.s. player...

**rm18** · 07-28-11, 10:40 AM

Originally posted by cleaveland

I thought you're one of the bettors who consistently wins so why do you say you can't win?

I wouldn't say real consistent it is not that easy but up lifetime.

I said NOT in the sense you cant beat the game that means you can win

But one side does not always has an edge that is not true, even if one side has a slightly better chance some -110 lines or even lower juice are not beatable. Maybe the true line is +/- 106 so one bet is better than the other but both would be bad bets.

**cleaveland** · 07-28-11, 10:47 AM

Originally posted by rm18

But one side does not always has an edge that is not true

Maybe not an edge that we know about or that we can perceive but think about your own life...

Have you ever played any sports where you didn't know that one side had some kind of better chance of winning than the other?

I don't know about you but I haven't. Whether it was one on one basketball, pick up basketball, tennis, soccer, football, anything. I've always felt that one side had an edge. That's what I'm talking about. It's possible that the linesmakers sometimes don't even know which side has an edge but based on my own experience I'm sure that the players know which side has edge even if it's slight.

Maybe you see the world differently from me but that's what I see and know.

**brooks85** · 07-28-11, 10:48 AM

well 55% is close enough to 50 for me to call it a coin flip and since that is where a pro will end up...

The majority of games or events to bet on out there are 50/50, people are just degenerates or looking for a hobby.

**JR007** · 07-28-11, 10:59 AM

There is math behind the markets, probability and statistics, statistical mean, z-scores ,standard deviation, variance, good starting points

**rm18** · 07-28-11, 11:16 AM

Originally posted by cleaveland

Maybe not an edge that we know about or that we can perceive but think about your own life...

Have you ever played any sports where you didn't know that one side had some kind of better chance of winning than the other?

I don't know about you but I haven't. Whether it was one on one basketball, pick up basketball, tennis, soccer, football, anything. I've always felt that one side had an edge. That's what I'm talking about. It's possible that the linesmakers sometimes don't even know which side has an edge but based on my own experience I'm sure that the players know which side has edge even if it's slight.

Maybe you see the world differently from me but that's what I see and know.

I dont know I've played some pickup ball or dodgeball that seemed real even, the teams are not going to be the same in all factors but overall can be even or basically even. One team might have home field, or a better lineup, better bullpen but everything added together the game is basically a coinflip.