Things I hate in betting industry

[FourLengthsClear]

It ain't just your HO. Parlays, etc., are generally viewed as sucker bets. Books are prob'ly doing bettors a favor by limiting them. We got some very impressive math guys here at SBR. Maybe 4LC, monkey, or one of the others may notice the thread and take a few moments to confirm or deny my position. In the meantime, though, I suggest plain vanilla ML, ATS, and o/u betting.

Parlays at true odds where the individual legs have +EV compound the +EV. Consider two bets at 2.00 (+100) where the fair line should be 1.909 (-110), these would offer an edge of 4.77% as straight bets or 9.76% (1.0477^2) as a two-teamer.

That increased +EV comes at the cost however of a lower winning percentage and, by extension, increased variance. Maximising growth/ROI would actually be achieved by two combining straight bets with a two-teamer.

The main reasons for parlays being considered sucker bets are that they often pay less than true odds and far more importantly most bets made in reality have -EV and in these cases the bettor is a victim of both the compound effect and increased variance.

[brankica023]

Along with what sharpie and Santo said, I don't even think it's a matter of sluggish, smaller books necessarily. bet365 is massive obviously as is William Hill, Ladrokes, etc. But when you sign up, take a bonus (or not if you decline it) and you're immediately hitting parlays at crazy odds, betting lines that steam in your favour, etc... it's going to raise a flag. They can't really lay off those massive parlays the OP is playing if they don't even know who you are... how do you decide which leg to lay off or adjust? How do you know if this new player has a clue or is just some wanky parlay guy who never wins but tries to take shots at big scores? You don't until they've got a few bets under their belt. Euro books are rec books for the most part. They want players who like to live bet, hit the casino, don't care about paying higher juice than they would elsewhere, like the bonuses and free bets they offer, etc. They are not looking to be nailed consistently by people who have a clue... they have shareholders to please.

Shari try explain me why i get limited so fast even i just bet live betting and i never take any bonuses?
You have some advice how to make that account not get limited at live betting?

[135steward]

let me get this straight

Parlays at true odds where the individual legs have +EV compound the +EV. Consider two bets at 2.00 (+100) where the fair line should be 1.909 (-110), these would offer an edge of 4.77% as straight bets or 9.76% (1.0477^2) as a two-teamer.

That increased +EV comes at the cost however of a lower winning percentage and, by extension, increased variance. Maximising growth/ROI would actually be achieved by two combining straight bets with a two-teamer.

The main reasons for parlays being considered sucker bets are that they often pay less than true odds and far more importantly most bets made in reality have -EV and in these cases the bettor is a victim of both the compound effect and increased variance.

Thank you for your reply. If you don't mind, will you tell me if the following is right:

Say I have 3 bets each offering even odds. Without accounting for EV (humor me!) is a fair line 2^3 = 8:1?

[FourLengthsClear]

Thank you for your reply. If you don't mind, will you tell me if the following is right:

Say I have 3 bets each offering even odds. Without accounting for EV (humor me!) is a fair line 2^3 = 8:1?

2^3 yes, but that is 7:1 (1 in 8).

[combobets100]

Limiting players is not a sufficient reason to cut a book's rating IMO. A business should have the right to choose to do business with whomever they choose. As long as they pay winnings in full before giving someone the boot, they are not criminals as you imply.

The rest of your post is such nonsense that it is not even worth replying to.

Thaddeus

- Limiting players is the worst thing that can happen to a bettor, the only next worst thing is not cashing out.

- Saying above, being limited brings you 2 choices: play for fun and not care if you can make only 10 bucks per month investing 10 hours OR changing the boookie.

Now how on this crazy planet is it possible to rate A (which means 8/10) such a bookie. 80% for what? Website having 99% of uptime? Website having an option to bet and have fun?

Be serious. Bussiness means both sides gain something, unless the meaning changed in this shitty capitalism. In bussines world you can't be rated as a reliable person to be advertised or reviewed anyhow if you don't allow other side to benefit something from your what-ever-you-have-to-offer. Get it? I couldn't place a 3 EUR bet this afternoon.

You rate this kind of company succesfull?

Aren't there ODDS the reason bookmakers are in ADVANTAGE?

Plus, they have like 95% (=loosing players) in the long run on their side.

Limiting is the lamest thing to do therefore, specially if being done by some wannabe famous bookmaker, plus specially if it is done to the folk trying to earn few 100's of EUR monthly at least by putting like 2 EUR limits, plus specialy if you are known by good ranking, etc etc etc etc. It is hillarious - in my head, before I registered, I was thinking I can surely bet to the profit of 1k monthly for example ...

lalalalala, I haven't even thought someone would argue about that statement limiting bookie cant be rated high ... it's LOL actualy someone did. ))

[jackkkk2009]

The only place won't limit their players is exchange..

[brettels]

The only place won't limit their players is exchange..

While there is no official limiting at an exchange there are times you do get your stake only half or less than half of what you requested cut down to nothing, that feels like you have been limited. then you just got to take the new odds for the remainder, and those odds will be lower. doesn't always happen but when it does its really annoying.

[touchback]

They should also take into account payout processor fee gouging... it is ridiclous to be charged $200 bucks in fees when it only costs a service say $70 bucks to actually send a payout. Many places do it and it is getting worse and worse. It is few books now that offer one free withdrawal per month and they never offer a free p2p, I am aware of only one place that offers one free payout a month and you can choose a p2p method... that in itself is huge especially for a small time depositer who hits a little streak and gets a medium sized withdrawal. If you are used to sending $200 bucks to fund an account and then be told it will cost you $200 to pull your little streak out it is hard to justify the expense.