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Old 12-26-2005, 10:13 AM
tech tech is offline
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Join Date: Apr 2004
Posts: 74
Default Re: Anyone here make any significant money betting on sports?

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Hey Tech... you make it sound as though anyone could learn to do this - much the same as I believe just about anyone can learn to beat low limit hold'em. You put in the time, learn the math and there's your profit (albeit small at times).

Do you think this is true?


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Yes, I would say you are right that anyone can learn to make money at sports without handicapping. One of the best scalpers/middlers (for those of you that know him, I am talking about Dreamer) is a terrible handicapper. But he still does very well at sports betting.

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I thought the great advantage to sports betting was that once you were "winning," there was not the same "limit" restriction. In theory, once you can beat the books, there's no limit to how much you can bet. In poker, in theory, the games get tougher as you move up.


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My opinion has changed on this over time. It sounds great in theory, but it doesn't work so well in practice. For one thing, when you are a winning bettor making large bets, you get the shaft from sportsbooks. You get crappy lines, your account might get closed, your limits might get cut, all of your bets might require "approval," and stuff like that. Also, as your bet sizes get larger, it is hard to get good lines on games because your bet might actually move the line (except on events with large handles like NFL games).
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