Re: Phil Ivey prop bet
 

WTF does all that crap mean anyway, why can't they just say Evens 5/4 6/4 7/4 2/1 5/2 etc like a normal human being might. Blah yuck

Mack

Re: Phil Ivey prop bet
 

[ QUOTE ]
WTF does all that crap mean anyway, why can't they just say Evens 5/4 6/4 7/4 2/1 5/2 etc like a normal human being might. Blah yuck

Mack

[/ QUOTE ]

There are many ways to quote odds.
Live with it.

Re: Phil Ivey prop bet
 

[ QUOTE ]
There are many ways to quote odds.
Live with it.

[/ QUOTE ]

Good reasoning, heres a good reason for having a universal system.

thin analogy drawn by mack

Regards Mack

Re: Phil Ivey prop bet
 

The pinnacle line has now shifted enough that those of you who took the field at -181 can bet on the Big Three to make a safe profit.

Re: Phil Ivey prop bet
 

[ QUOTE ]
[ QUOTE ]
There are many ways to quote odds.
Live with it.

[/ QUOTE ]

Good reasoning, heres a good reason for having a universal system.

thin analogy drawn by mack

Regards Mack

[/ QUOTE ]

Ah ha!
Maybe it's just the reverse though - having different convensions confuses the punters into making bad bets [img]/images/graemlins/tongue.gif[/img]

Re: Phil Ivey prop bet
 

I took the Big 3.

Re: Phil Ivey prop bet
 

[ QUOTE ]
So with Big 3 getting +196 for this to be a +EV bet, you'd have to think that those 3 guys are better than 50 % to win the WSOP. If not, then you go with the field. Man, I really don't know.

[/ QUOTE ]

Is it whether or not one of the Big 3 will win the event? I'd assumed it was the total prize money earned by the Big 3 vs the money won by the field.

Either way tho, I still see value at Field -210.

Re: Phil Ivey prop bet
 

I didn't choose the field because you have to win that bet 66 % of the time for it to be +EV. I still don't know and I don't think either bet is really that good. I don't wager on sports very often and the last time I did, it was on horse racing. Anyway, since it is -210 for the field, you are getting 1 to 2 . You have to win 2 times for every loss to break even.

Pinnacle\'s Cashout Policy
 

Just thought I'd throw you guys a heads up in case you were thinking of opening an account and throwing a tenner on one of these props. Here's a copy and paste job from their web site:

Our clients receive one free payout per month for withdrawals of $1,000 or more for cheques or wire transfers, with a flat fee of $25, or equivalent, for any additional withdrawals. Clients also receive one free Neteller, Moneybookers, WebMoney or Instadebit withdrawal of $500 or more per calendar month. Neteller, Moneybookers, WebMoney or Instadebit withdrawals of less than $500, or more than one per calendar month, incur a fee of $15 or equivalent, per transaction.

So, consider how this affects your EV computation on a small bankroll. I was gonna put $20 on the Big 3 just to have some rooting interest until I read this. The $15 withdrawal fee put the brakes on that. I guess I could just deposit $600 and then withdraw for free Saturday. Yeah, that might work.

Re: Pinnacle\'s Cashout Policy
 

Nice catch there. Most of these sportsbooks have gotten out of hand with cashout fees. As if the advantage they have on the bets isnt enough.