new to live betting- was this stupid?

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  • picantel
    SBR MVP
    • 09-17-05
    • 4338

    #1
    new to live betting- was this stupid?
    Just did my first ever live bet. Took Minnesota at -170 to win the game outright with a 10 point lead. For future reference was this bet stupid or a good value?
  • rm18
    SBR Posting Legend
    • 09-20-05
    • 22291

    #2
    good bet
    Comment
    • Tsoprano
      BARRELED IN @ SBR!
      • 04-14-08
      • 26374

      #3
      Was very stupid. You should know Tsoprano is on the Saints to win.
      Comment
      • rm18
        SBR Posting Legend
        • 09-20-05
        • 22291

        #4
        pinnacle has -216 +190 comeback
        Comment
        • TPowell
          SBR Posting Legend
          • 02-21-08
          • 18842

          #5
          take New Orleans, I'm pretty sure the Saints will take this one. Turnovers are the only reason Minnesota is even in the game.
          Comment
          • ertl09
            SBR MVP
            • 12-10-07
            • 1413

            #6
            good bet, just think if a team was favored by 10 points the ML would at least around -250
            Comment
            • picantel
              SBR MVP
              • 09-17-05
              • 4338

              #7
              Vikings up to -180 now at the half. NO is at +140. Seems alot of people are banking on a comeback. If you think NO will still win they will have to score alot so what inning will it happen.



              Odds 0-3 +350
              4-7 +280
              8-11 +300
              12-15 +260
              16-19 +650
              20-23 +600
              24 or more +1000
              Comment
              • rm18
                SBR Posting Legend
                • 09-20-05
                • 22291

                #8
                +1000 for NO to score 24+ is a line? that is a bad line though only about 15-18% chance maybe
                Comment
                • picantel
                  SBR MVP
                  • 09-17-05
                  • 4338

                  #9
                  24+ points for both teams in 1 quarter.
                  Comment
                  • picantel
                    SBR MVP
                    • 09-17-05
                    • 4338

                    #10
                    boston is -900 in live betting lol. good way to get rid of this 5 times rollover on the moneyline madness contest.
                    Comment
                    • rm18
                      SBR Posting Legend
                      • 09-20-05
                      • 22291

                      #11
                      3rd quarter then? Don't really like that, MInny gets the ball 1st and will establish the run
                      Comment
                      • picantel
                        SBR MVP
                        • 09-17-05
                        • 4338

                        #12
                        can be fourth quarter also. Only way to do that is if indy plays texas oops or if NO is way behind and comes out gunning.
                        Comment
                        • picantel
                          SBR MVP
                          • 09-17-05
                          • 4338

                          #13
                          o/u for the game went from 52.5 to 50.5 . take the over quickly?
                          Comment
                          • rm18
                            SBR Posting Legend
                            • 09-20-05
                            • 22291

                            #14
                            no
                            Comment
                            • picantel
                              SBR MVP
                              • 09-17-05
                              • 4338

                              #15
                              saints getting pounded probably by sharps. minn -160 to +120 now
                              Comment
                              • MonkeyF0cker
                                SBR Posting Legend
                                • 06-12-07
                                • 12144

                                #16
                                The Saints are not getting pounded by sharps...
                                Comment
                                • MonkeyF0cker
                                  SBR Posting Legend
                                  • 06-12-07
                                  • 12144

                                  #17
                                  It's a +EV bet (the -170 Minnesota ML bet), picantel. Nice bet.
                                  Comment
                                  • picantel
                                    SBR MVP
                                    • 09-17-05
                                    • 4338

                                    #18
                                    I now know the answer to my original question. Yes
                                    Comment
                                    • RogueJuror
                                      SBR Posting Legend
                                      • 07-08-08
                                      • 10010

                                      #19
                                      Originally posted by picantel
                                      Just did my first ever live bet. Took Minnesota at -170 to win the game outright with a 10 point lead. For future reference was this bet stupid or a good value?
                                      This depends on how much time was left in the game. Time remaining is critical to determine expected value while in running.

                                      Comment
                                      • reno cool
                                        SBR MVP
                                        • 07-02-08
                                        • 3567

                                        #20
                                        Originally posted by ertl09
                                        good bet, just think if a team was favored by 10 points the ML would at least around -250
                                        certainly seems like a great bet. We're only talking one half here.
                                        bird bird da bird's da word
                                        Comment
                                        • RogueJuror
                                          SBR Posting Legend
                                          • 07-08-08
                                          • 10010

                                          #21
                                          Originally posted by ertl09
                                          good bet, just think if a team was favored by 10 points the ML would at least around -250
                                          You cannot view it with this mindset though. The original line represented the possibilities of the full match. You are betting up to the development with still time for a correction of the original forecast, it's a whole different ball game.

                                          With true in-running the original line can be an asset and a liability, in Asia we call it 'a tool and a fool'.

                                          In-running exploits the deficiencies of gamblers 10x more so than post market. In Asia its the 90/10 business model, where 10% of profit is made in post market and 90% in running.

                                          The example above is but just a simple example of the complexity of mastering live betting.

                                          Comment
                                          • LT Profits
                                            SBR Aristocracy
                                            • 10-27-06
                                            • 90963

                                            #22
                                            If pinnacle had -216 and you got -170, it was a GREAT bet regardless of end result.
                                            Comment
                                            • woodg8
                                              SBR MVP
                                              • 06-21-08
                                              • 1349

                                              #23
                                              In play betting is where I make pretty much all my money.

                                              Betfair is more productive to me at times, than my job.
                                              Comment
                                              • pico
                                                BARRELED IN @ SBR!
                                                • 04-05-07
                                                • 27321

                                                #24
                                                i would stay away from live betting because you're making a 10 seconds capping. only do it during commercial breaks. that is my advice
                                                Comment
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