Betting Odds - Can Someone Please Explain To Me?

[HomerChampless]

Think of it as a handicap, like in golf. The handicap is the great equalizer. Allows the not so good player (or team) to compete with the good player or team. Right now according to the odds makers (or bettors), if you place money on Iowa and Iowa loses by less than 7 points (an Iowa win is an automatic bet win for you), you win. The bettors think LSU is 7 points better than Iowa.

 

[MelroseHawkins]

I concur if the diff isn't any diff then the regular nocon diff, I would be inclined to not panic even on the even keel. Paper and a desk are yesterday's methods. Paper isn't environmentally friendly. And my phone is now my desk. And when I feel bleary eyed the phone desk becomes an Ipad. (bigger letters). I too agree n the prospective value of the second row. However nowadays we are seeing some market techniques in the game of oddsplaying. Word now is positions like backer play are being dollar cost averaged. Pretty cool. Just IMHO.

Funny thing is I just about pulled the trigger & haphazzardly put down a bet on the IA State vs Baylor football game just because the line was so high. I was within a matter of minutes but never did it. Glad I didn't do that. That right then & there confirmed to me I have no business dibbling in this.

 

[BLKNGOLD48]

Fwiw, here is what I think.
unless you spend atleast 10 hrs a week on it, dont even try it.
When you think you are good enough, just spend a whole season writing down what you would have done, and see how you do.
this year I laxed off, but normally I spend 20+ hrs a week watching ball and doing homework.
I suspect, that if a guy were to look at non cons only, kf rarely covers. I dont mind and I personally think it shows class. He is getting better at making sure they know they are beat, but I dont give 14+ points on anyone. Wisconsin was always good at running up the score, but who knows now.
So I tend to shy away from those games.
This year, like I said I laxed off and went 7-2. I normally go about 12/13- 3/4. Next year will be a tough one if we win our bowl, as the hawks will not be undervalued, depending on our new lb's we could be right on or slightly overvalued. Which means you will not get favorable odds.
To start the year, I think nebraska will be undervalued. They have to get a qb and stop the bleeding on turn overs, which I think they will.
I always have a set start amount and figure it over 5 games, because if I cant get 3-5, why keep going.
If there is any one thing I can not stress enough it is, there is no free lunch. If you have money to burn, that is one thing, otherwise you have to put the work in. I also suggest having lots of paper and a desk to work at.
Dont be greedy. Keep on a even keel. Dont panic. It has a mental side to it as well. Just tcob.

This sums it up perfectly.

 

[olddude]

^^^ Its all in the numbers.
You have to use leverage because as was said vegas was not built by people winning.
My predictions are. As I said nebby will be undervalued and if you must, I would watch the over and how much you have to give in osu's noncons. A bowl loss by either and the situation becomes even more favorable.
Now as I said signs point to a good year for Iowa, win or lose the bowl and their eval will be almost spot on. They are going to have to make big strides in ppg to gain any leverage. I also think they know with such a weak schedule they are going to have to hammer people to gain respect and to continue the uptick in recruiting, so dont give up on finding leverage in the hawks next year. But that is where the work comes in.

 

[olddude]

Oh and one last bit of advice, two heads are better than one.
I offered to work with pin2win (have not seen him around?? Hope all is well with him) as his system is different than mine. He is more aggressive in noncons and such.
You dont need to compare systems, just picks.
If your +7 out of 10, find an equal but different and you start to turn the tables.
That is how the money markets work and it stands true here as well.

 

[BLKNGOLD48]

Buy Phil Steele's College Football preview, tons of useful info for betting junkies. I've made a few bucks that way

 

[Ozhawk]

I concur if the diff isn't any diff then the regular nocon diff, I would be inclined to not panic even on the even keel. Paper and a desk are yesterday's methods. Paper isn't environmentally friendly. And my phone is now my desk. And when I feel bleary eyed the phone desk becomes an Ipad. (bigger letters). I too agree n the prospective value of the second row. However nowadays we are seeing some market techniques in the game of oddsplaying. Word now is positions like backer play are being dollar cost averaged. Pretty cool. Just IMHO.

I'm either being played here or just ripped off a magnificent BS post. Either way I know nothing about gambling.

 

[MeatMan]

Not the number of people attending they'd (Reed & dealers) hoped. One dealer friend told me he'd heard that C2E2 only got 1/3 the expected number of attendees. Not sure if this is conjecture or fact. They need to look at marketing it differently next year, because this year's results fell short of expectations.

Downtown Chicago is expensive and not the most convenient place to get to. Factor in driving to the con, parking, hotel costs (for those traveling), and you're looking at a decent chunk of a person's spending money gone. There aren't any restaurants close by to get some decent food after the con closes for the day.

The place is huge, so people will be spread out more, but there weren't very many crowded aisles that I saw. I think the number of people walking up and buying tickets was much less than what they'd hoped.

All that being said, they did things right, too. They have a very good track record and it takes time to build a following. SDCC wasn't drawing 100,000 people in it's first year. I just hope this doesn't deter dealers from setting up at C2E2 next year

 

[MeatMan]

if you just read that above post, i don't know what to tell you.