More games (smaller amounts) or Few games (larger amounts)

[TodaysAction]

Which do you do more often?

Which is wiser?

[jjgold]

I would say more money on less games
More games you bet the more the books are going to get you

[durito]

You should be betting every bet you can find that has an edge.

[topgame85]

More money less games always

[rake922]

You should be betting every bet you can find that has an edge.

You don't know you have an edge until the game is over....




Wager is won.. I had an edge and that's why my wager won

Wager lost... Well I didn't have an edge, therefore I lost the wager

[durito]

You don't know you have an edge until the game is over....




Wager is won.. I had an edge and that's why my wager won

Wager lost... Well I didn't have an edge, therefore I lost the wager

Ah, no that's ridiculous.

If I offer you +105 on head on a fair coin and you take the bet flip it and get tails, you still had an edge even though the bet lost.

[englishmike]

You don't know you have an edge until the game is over....




Wager is won.. I had an edge and that's why my wager won

Wager lost... Well I didn't have an edge, therefore I lost the wager

I wouldn't even go there Raky, people like you and me aren't fit to tie the laces of people like Durito and Don Juan when it comes to gambling.

Thats what hes just about to tell you.

[Shark79]

Lesser games - bigger wagers (just dont go freaking crazy on the amounts)

[rake922]

Ah, no that's ridiculous.

If I offer you +105 on head on a fair coin and you take the bet flip it and get tails, you still had an edge even though the bet lost.

ok but which sportsbooks offer that? I know the probability of a fair coin flip. I don't know the probability of a teams ability on a given night to cover the spread. I can look at prior events and claim I have a 59% chance of winning the wager, but past events don't necessarily determine the future.

[durito]

ok but which sportsbooks offer that? I know the probability of a fair coin flip. I don't know the probability of a teams ability on a given night to cover the spread. I can look at prior events and claim I have a 59% chance of winning the wager, but past events don't necessarily determine the future.

Your statement is still ridiculous.

If I offer you Chicago Cubs -150 today and you bet it and they lose. Do you think you had no edge?

[MonkeyF0cker]

ok but which sportsbooks offer that? I know the probability of a fair coin flip. I don't know the probability of a teams ability on a given night to cover the spread. I can look at prior events and claim I have a 59% chance of winning the wager, but past events don't necessarily determine the future.

Thats where modelling comes in. However, should you not have a model for a particular sport, it is still common practice to set a fair line on the game. That's where the term handicapping comes from. From there, you can determine whether you consider yourself to have an edge on the game. Of course, a refined computer model is the best way to accomplish this and obtain the best results. However, with a lot of practice you can become reasonably proficient in estimating the lines (with the aid of stats obviously) yourself. But this step should always be practiced.

[EaglesPhan36]

I definitely side with the less bets aspect. It's better money management in my opinion to bet your best bets of the day rather than trying to cash a ton of smaller bets.