Why can't anyone hit over 60%?

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  • VegasDave
    SBR Hall of Famer
    • 01-03-07
    • 8056

    #36
    Originally posted by jjgold
    you cannot hit 60% because the outcome of a pointspread is 50-50 similar to red or black on the roulette table


    Long term you are right around 50% give or taker a few percentage points.

    No such thing as one guy knowing more than another in sportsbetting because you have a 50% chance of winning your bet even picking blind.
    Pretty disgraceful comment coming from a guy who is supposed to be a gambling legend.
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388179

      #37
      I have seen enough through the years that picking a winner is a crapshoot, no skill at all. The stats mean nothing.
      Comment
      • max_asdf
        SBR MVP
        • 07-22-08
        • 1362

        #38
        hahah
        Comment
        • max_asdf
          SBR MVP
          • 07-22-08
          • 1362

          #39
          ya you people here are dumb.... just flip a coin for each game ull end up better off!!
          Comment
          • Wilforth
            Restricted User
            • 05-10-08
            • 16309

            #40
            It depends on what you're betting on and your betting rate. You could hit over 60% of -400 bets but that's meaningless, profit-wise. You could also hit 60% of value (here comes this word again) bets if you were making one play per week, for instance.
            Like LT has said, it's the amount of money won that counts. It's better to win 55% of 1000 games than 80% of 10 games!!!
            Comment
            • Nicky Santoro
              SBR Posting Legend
              • 04-08-08
              • 16103

              #41
              Originally posted by usckingsfan31
              Pretty disgraceful comment coming from a guy who is supposed to be a gambling legend.
              i'll tell you something, his comment was not exactly 100% right on, but it is right on for 97% of gamblers.. the squares, the kids, the non professionals, guys like venditto, aao, the guys that like the cubs every game, no matter what price, he is right.. in fact, its not even 50% they hit, it's more like 47-48%, and it will all be explained in this vid that will have everyone understand why 99.99% of gamblers all lose..

              this vid will completely change your way of thinking when it comes to gambling.. it will be a wake up call.

              stay tuned..
              Comment
              • VegasDave
                SBR Hall of Famer
                • 01-03-07
                • 8056

                #42
                Nicky I'm not saying it isn't tough but putting sports betting on the same par as roulette or coin flipping, complete games of chance, when so much info is available on both sides, is a comment a "pro gambler" just shouldn't be making
                Comment
                • englishmike
                  SBR Hall of Famer
                  • 06-19-08
                  • 5279

                  #43
                  Originally posted by jjgold
                  you cannot hit 60% because the outcome of a pointspread is 50-50 similar to red or black on the roulette table


                  Long term you are right around 50% give or taker a few percentage points.

                  No such thing as one guy knowing more than another in sportsbetting because you have a 50% chance of winning your bet even picking blind.
                  thats exactly what I was trying to say but you said it better. If you find an edge in a game with a pitcher and that pitcher throws like a dog....wheres your edge? I just think over a long period of time, life itself is 50/50 and gambling is no different to life. USC/Stanford proves this.
                  Comment
                  • max_asdf
                    SBR MVP
                    • 07-22-08
                    • 1362

                    #44
                    waiting for that video..... see how its so amazing
                    Comment
                    • Nicky Santoro
                      SBR Posting Legend
                      • 04-08-08
                      • 16103

                      #45
                      Originally posted by usckingsfan31
                      Nicky I'm not saying it isn't tough but putting sports betting on the same par as roulette or coin flipping, complete games of chance, when so much info is available on both sides, is a comment a "pro gambler" just shouldn't be making
                      in fact, for a complete square, his odds at picking red or black in roulette is 2x better than picking an NFL side at -110.. the casino has about a 2.54% hold on a single zero roulette wheel and a 4.54% hold in sports at -110..
                      Comment
                      • smitch124
                        SBR Posting Legend
                        • 05-19-08
                        • 12566

                        #46
                        I'm starting to see ads for it on the sides of buses...
                        Comment
                        • MrX
                          SBR MVP
                          • 01-10-06
                          • 1540

                          #47
                          Originally posted by englishmike
                          thats exactly what I was trying to say but you said it better.
                          When JJ is able to articulate your points better than you are, it's time to consider retiring from your posting career.
                          Comment
                          • donjuan
                            SBR MVP
                            • 08-29-07
                            • 3993

                            #48
                            There is a saying Thremp has used on here before that says "read more, post less." It applies to the vast majority of you people.
                            Comment
                            • VegasDave
                              SBR Hall of Famer
                              • 01-03-07
                              • 8056

                              #49
                              Originally posted by Nicky Santauro
                              in fact, for a complete square, his odds at picking red or black in roulette is 2x better than picking an NFL side at -110.. the casino has about a 2.54% hold on a single zero roulette wheel and a 4.54% hold in sports at -110..
                              Which is why casinos don't have single 0s for the most part and still use double 00 which has a 5.26% house edge...

                              Comparing to single digit roulette is like comparing to reduced juice lines.
                              Comment
                              • Justin7
                                SBR Hall of Famer
                                • 07-31-06
                                • 8577

                                #50
                                There might be 10 plays a year that I think will hit 60%. I could hit 60%, but I'd rather hit 54% on 2000 plays.
                                Comment
                                • Nicky Santoro
                                  SBR Posting Legend
                                  • 04-08-08
                                  • 16103

                                  #51
                                  wow, hard to beleive people still play roulette with the 2 green zeros and expect to actually beat the casino.. wow..


                                  when i go to montreal, i always go to casino there and they have roulette tables with 1 single zero. even then they will eventually lose with the 2.63% casino hold. i dont know why people gamble at casinos for when they have 0 chance of making money..

                                  good job, ucsky.
                                  Comment
                                  • VegasDave
                                    SBR Hall of Famer
                                    • 01-03-07
                                    • 8056

                                    #52
                                    Did I say I played Roulette?

                                    I can't pick 56% winners but I certainly pick better then 50/50 and I would much rather bet a sports game that I have a strong opinion on then pick a color with less then 50/50 odds, even with a single 0.
                                    Comment
                                    • Nicky Santoro
                                      SBR Posting Legend
                                      • 04-08-08
                                      • 16103

                                      #53
                                      Originally posted by usckingsfan31
                                      Did I say I played Roulette?

                                      no ucsky, i wasnt talking about you. i was talking about the general public that hang out in casinos and play roulette and other games expecting to win..
                                      Comment
                                      • VegasDave
                                        SBR Hall of Famer
                                        • 01-03-07
                                        • 8056

                                        #54
                                        Originally posted by Nicky Santauro
                                        no ucsky, i wasnt talking about you. i was talking about the general public that hang out in casinos and play roulette and other games expecting to win..
                                        Ah, okay. Your little "good job, uscky" insinuated otherwise.

                                        When I go to Vegas, I see nothing but double 0 on the strip, and plenty of full tables, too. Don't "good job" me, I'm simply saying what I have observed, I'm not saying its a smart bet.

                                        And if you are from East LA and are trying to defend the fact that you are NOT from Canada, isn't Vegas a little closer then Montreal?
                                        Comment
                                        • jgm1967
                                          Restricted User
                                          • 10-06-05
                                          • 429

                                          #55
                                          Originally posted by usckingsfan31
                                          Ah, okay. Your little "good job, uscky" insinuated otherwise.

                                          When I go to Vegas, I see nothing but double 0 on the strip, and plenty of full tables, too. Don't "good job" me, I'm simply saying what I have observed, I'm not saying its a smart bet.

                                          And if you are from East LA and are trying to defend the fact that you are NOT from Canada, isn't Vegas a little closer then Montreal?
                                          i think you misunderstood him usck ,I think nicky was trying to say good job on pointing about a 5.26 hold even on a double 00 roulette wheel and probably good job on knowing the stats even for double zero wheels.basically you both are saying games of chance are insane.

                                          i think most people just like the entertaining aspects of roulette ,not as a way to make money.

                                          I like roulette when I am with a woman ,she gets excited and jumps up and down and it is entertaining but its crazy to play for too long.baccarat is actually alot of fun when you have a date

                                          gambling is a rush and its why we do it
                                          Comment
                                          • Nicky Santoro
                                            SBR Posting Legend
                                            • 04-08-08
                                            • 16103

                                            #56
                                            i go to mtl 4 to 5 times a year. i have friends there.. i love the city. greatest city in the world and most beautiful women in the world voted by the people from around the world.
                                            Comment
                                            • Nicky Santoro
                                              SBR Posting Legend
                                              • 04-08-08
                                              • 16103

                                              #57
                                              jgm, i swear you're a genius. i ddint want to explain it because i was lazy.. but that is why i said good job..
                                              Comment
                                              • VegasDave
                                                SBR Hall of Famer
                                                • 01-03-07
                                                • 8056

                                                #58
                                                Haha sorry to get hostile Nicky thanks for the clarification jgm...

                                                I'd love to visit Montreal myself... as a hockey fan in LA (like you), I've always wanted to visit up there and see what its like to see hockey treated better then a 3rd world sport.
                                                Comment
                                                • TheLock
                                                  SBR Posting Legend
                                                  • 04-06-08
                                                  • 14427

                                                  #59
                                                  when i see your avatar i always think it says

                                                  u-sucking-fan-31
                                                  Comment
                                                  • Nicky Santoro
                                                    SBR Posting Legend
                                                    • 04-08-08
                                                    • 16103

                                                    #60
                                                    Originally posted by usckingsfan31
                                                    Haha sorry to get hostile Nicky thanks for the clarification jgm...

                                                    I'd love to visit Montreal myself... as a hockey fan in LA (like you), I've always wanted to visit up there and see what its like to see hockey treated better then a 3rd world sport.

                                                    i didn't think you were hostile at all. hostile is saying.. fck you you fckin ashole you fcker.. etc...

                                                    you just said.. "did i say i play roulette?" nothing bad there..

                                                    hockey in mtl is like soccer in liverpool or brazil. it is mental. it is crazy usky.. hockey in mtl is not a sport, it's a religion.. you'd love it usky.. my buddy told me that even now in mid july, they are talking hockey everywhere and preparing for next year.
                                                    Comment
                                                    • Ganchrow
                                                      SBR Hall of Famer
                                                      • 08-28-05
                                                      • 5011

                                                      #61
                                                      Originally posted by Nicky Santauro
                                                      the casino has about a 2.54% hold on a single zero roulette wheel
                                                      Just for the record, the hold on standard single zero roulette is actually 18 37 * 2 - 1 = - 1 37 ≈ -2.70%.
                                                      Comment
                                                      • Nicky Santoro
                                                        SBR Posting Legend
                                                        • 04-08-08
                                                        • 16103

                                                        #62
                                                        Originally posted by Ganchrow
                                                        Just for the record, the hold on standard single zero roulette is actually 18 37 * 2 - 1 = - 1 37 ≈ -2.70%.
                                                        ganchy, wtf, you're correcing me now? read what i said.. the key word was "about" i didn't sit there and calculate it. i wrote the post in 2.4 seconds.

                                                        wtf is the difference between 2.54 and 2.7%.. it's 0.16% off.. a little over 1/10th of a pct.. i didn't say EXACTLY 2.54%..

                                                        ganchy, are you sitting there on your desk looking for people to make a mistake so you can correct them? geez ganchy..

                                                        ganchy, watch my vid tonight, those are the numbers you should know.. those are the #'s that make or break your future in this business... not whether the hold is 2.54 or 2.7%..
                                                        Comment
                                                        • VegasDave
                                                          SBR Hall of Famer
                                                          • 01-03-07
                                                          • 8056

                                                          #63
                                                          Originally posted by TheLock
                                                          when i see your avatar i always think it says

                                                          u-sucking-fan-31
                                                          Haha it might as well
                                                          Comment
                                                          • onlinepokerpro31
                                                            SBR Rookie
                                                            • 07-28-08
                                                            • 22

                                                            #64
                                                            Originally posted by SlickFazzer
                                                            54-57% and you should be rich.
                                                            this is true, and many winning bettors do not actively post on forums because it might be a disadvantage to share the insights they have.
                                                            Comment
                                                            • max_asdf
                                                              SBR MVP
                                                              • 07-22-08
                                                              • 1362

                                                              #65
                                                              they dont waste their time here
                                                              Comment
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