94computerguy's post in another thread reminded me i've been curious about a topic that I bet a lot of folks know more about that I do. I'm curious if you're into sports betting, betting on the Dukes, or staying out of it.
I've not gone into sports bets. Not sure I trust myself with any sum of money betting sports, but I've lost plenty of money in other ways before so it's probably because I don't understand it. Curious about what others are willing to share about their experience. KITS's post about O/U, lines, +/- last week was also helpful in this topic.
Are we allowed to talk about this? lol. I don't know what's legal where but sports betting seems to be very much out there.
(10-12-2022 12:08 PM)Deez Nuts Wrote: [ -> ]94computerguy's post in another thread reminded me i've been curious about a topic that I bet a lot of folks know more about that I do. I'm curious if you're into sports betting, betting on the Dukes, or staying out of it.
I've not gone into sports bets. Not sure I trust myself with any sum of money betting sports, but I've lost plenty of money in other ways before so it's probably because I don't understand it. Curious about what others are willing to share about their experience. KITS's post about O/U, lines, +/- last week was also helpful in this topic.
Are we allowed to talk about this? lol. I don't know what's legal where but sports betting seems to be very much out there.
I would say I am a dabbler and really only bet football. Generally fund my account before football season with about $500 and go from there.
I rarely bet on my own teams, but do so occasionally in parlays. I did bet the Dukes to win and as 19.5 point underdogs at halftime of App St. game. Was pretty confident on line bet but moneyline bet was a whim and turned out to be a good way to make $20 turn into to $250.
Hardly ever bet on sports, only occasionally to have a "stake" in an otherwise boring game, ie Super Bowl or playoffs. I never bet on a team/event that I am actually invested in, which really is just JMU these days.
When I do bet, I usually do a money line bet.
I'm kinda off and on, I guess I'd fit the middle option best. It used to be that a bookie was the best option and really it probably still is in a lot of ways but after the guy I bet with shut things down a while I never got a response once he started back up. I'm not that worried about it right now anyway though. When all the apps first became legal and popped up I milked a couple bonuses for some easy money but it's really been a while since I've done anything besides that. On top of just always being off and on in general I'm also always kinda back and forth between the first two options when "on."
If I'm betting often I make sure to treat favorite teams like they're any other team and lean a little bit towards avoiding favorite teams. If I'm not betting that often I'm more the opposite, I mostly just make small bets when I'm feeling good about the line on one of my favorites and I'm more looking for a little extra fun than focused on profiting.
My brother used a system that he made a lot on and I've used some, basically when you see a line move the opposite of the way it should have based on the money then you bet against the money because Vegas may know something the public doesn't... But when I was milking the app bonuses it seemed like I had a lot more trouble finding that data than in the past for some reason. I did well on MLB just specifically paying attention to pitcher matchups for pregame and to pitch count for midgame bets then being pretty picky about what I bet on. Back when I had more free time and watched college basketball pretty religiously I made a ton on March Madness to the point my brother and some friends started mirroring my bets x5 lol. I bought my first car thanks to the 2006 NCAA tournament
In my opinion the two easiest mistakes to make are having too much faith in your favorite teams and just being an action junkie in general... Especially when you hit a rough streak and want to turn things around. I have plenty of friends that are pretty bad about those two things.
I try not to bet on the Dukes very much, bit superstitious about it, but I did take this season’s win total. It was set at 6, when I took it, and I figured I’d take the over cause we’d probably finish on that number and if I push then that’s fine. The winnings from that bet will eventually end up in the Duke Club’s hands if we keep getting ranked.
Other than that I’ll wager on other college football games, NFL, and a small amount of MLB/NHL. I try to avoid the NBA because I’m pretty convinced it’s rigged some quarters/games. Nobody can convince me that pro players can be down 15 at the end of Q1, then up 15 at the end of Q2, and there’s not any funny business going on. The lead swings in NBA just make zero sense. It feels like during regular season games the players take turns sandbagging.
(10-12-2022 01:33 PM)KickItToScotty Wrote: [ -> ]I guess I'd fit the middle option best.
3 options don't really fit well, but it seemed better than all kinds of possibilities. thanks for sharing
Just not a bettor at all. Doesn't really do anything for me but will admit I buy a Mega Millions ticket from time to time for C's and G's.
Brian
I dabble. I love throwing smaller bets at ridiculous parlays and pretending like I know what I am doing. I wouldn't bet on JMU just because I'm superstitious but living in Virginia and not being able to even see them on the apps makes it a little less tempting anyway.
No betting for me. I don't want it to keep me out of Cooperstown.
those who say they win at sports wagering are lying. The more you bet, the more likely you are eventually 50/50 just like flipping a coin. And Vegas gets the 10% juice.
I'm not a gambler unless you count Fantasy Football leagues, office pools, March Madness etc, but many of my friends have been knee deep in hardcore gambling their whole life. They love it and think that they know more than the average Joe fan, but over time they win half and they lose half. So they are all losers financially to the tune of 10% of what they have wagered in their lifetime. But many of them have "fun" losing the vig. I don't have fun losing money I have worked hard to earn.
I've even seen a few close friends get on such a bad streak that they have to borrow money to pay Vinny or else. And I'm not talking a few thousand dollars. I'm talking months of paychecks.
If we knew what tomorrow held, we would all be Trillion-aires
I dabble on FanDuel Sportsbook. Can't bet on JMU because of the VA laws against betting on VA schools. I deposit $100 every year. It's just entertainment value. So far this year I'm dead even. Took the Cajuns tonight +10.5. We'll see how that goes.
I've got DraftKings but I only make a bet every once in a while
I load $200 in August and hope there is still a balance come December. 100% of my bets are on college football.
I use to put together a lot of 3 game teaser bets. I'd find 13-18 point favorites and do 6-10 point teasers to take basically take from 2+ possession favorites down to <1 possession favorites. The payouts would be like +172-225 or something. Seemed to work pretty good as you basically needed to hit every other to stay even and I was generally doing better than that. Oh yeah then why do you have to "hope for a balance come December" if you have a foolproof strategy?
Well, my mentality is I'm lighting two fresh benjamins on fire as soon as I deposit the money so anything I actually win is basically free money. Obviously nobody does anything sensible with free money. So if I hit 2 of 3 teasers the prior weekend, I put the $20 net winnings into crazy parlays that were typically $5-10 to win $1k+. Shocking, they don't hit (had one hit for $500 3? years ago). Basically I win some teasers, throw winnings into dumb parlays, then eventually the teaser losses pile up and I'm out until the following fall.
So far this year I've only made 3 bets, all $50 on the Dukes: Spread on MTSU (+$50), ML on App (+$110), spread on TxSt (+$50). I wasn't sure what to think with Ark St so sat it out. Trying to decide if I throw down all the winnings this weekend or keep with me $50 bet level.
(10-12-2022 03:50 PM)Hart Foundation Wrote: [ -> ]those who say they win at sports wagering are lying. The more you bet, the more likely you are eventually 50/50 just like flipping a coin. And Vegas gets the 10% juice.
Lol this is
extremely incorrect.
(10-12-2022 08:08 PM)KickItToScotty Wrote: [ -> ] (10-12-2022 03:50 PM)Hart Foundation Wrote: [ -> ]those who say they win at sports wagering are lying. The more you bet, the more likely you are eventually 50/50 just like flipping a coin. And Vegas gets the 10% juice.
Lol this is extremely incorrect.
Yep. I think i'm up $5k since it was legal in VA, and I haven't bet this year at all really. Also people like Chase Kiddy do it for a living.
Tonight was a good night.
Won three ways taking UL on money line and spread along with the under. Made 130 total but wish I had done it as a parlay as well.
(10-12-2022 01:33 PM)KickItToScotty Wrote: [ -> ]In my opinion the two easiest mistakes to make are having too much faith in your favorite teams and just being an action junkie in general... Especially when you hit a rough streak and want to turn things around. I have plenty of friends that are pretty bad about those two things.
Yeah, the squares love to have a slate with action on 12-15 games on a college football Saturday. The vig will kill you with that mindset.
On a humerous note, I recently went 15-5 in a CFB pool. Looked at who the public was picking and did the opposite.
(10-12-2022 09:17 PM)DirtyDukes Wrote: [ -> ] (10-12-2022 08:08 PM)KickItToScotty Wrote: [ -> ] (10-12-2022 03:50 PM)Hart Foundation Wrote: [ -> ]those who say they win at sports wagering are lying. The more you bet, the more likely you are eventually 50/50 just like flipping a coin. And Vegas gets the 10% juice.
Lol this is extremely incorrect.
Yep. I think i'm up $5k since it was legal in VA, and I haven't bet this year at all really. Also people like Chase Kiddy do it for a living.
No doubt there are winners and losers in many forms of gambling. A handful of poker players certainly do well, and my girlfriend made easy low stakes money off some vegas poker players on occasion because she understood the game better than they did.
Chase works for the house (mgm) though, right? Are you saying he makes a large portion of his income from wagering? Brian Mac went to mgm also, I figured that was because they bought out Hero sports and wanted the eyeballs and traffic.
Play small amounts on BetMGM.
Can't bet on VA schools, but even if I could I wouldn't bet on/against JMU. That's just a superstitious thing for me.
Used to play DFS (daily fantasy sports), but not really into that anymore.