Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Internet Gambling > Internet Gambling
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #13  
Old 08-21-2005, 06:57 PM
SinCityGuy SinCityGuy is offline
Senior Member
 
Join Date: Sep 2003
Location: Las Vegas
Posts: 362
Default Re: Taxes... once again.

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
There are more craps players that are long term winners than sports bettors, that alone should tell you something. [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Your statement is absurd. Do you see why?

[/ QUOTE ]

No but I see why yours is. Take a 1.41% vig or a 5% vig on sports or an 8% vig on horses, which is lower. I rest my case, thanks for playing though.

[/ QUOTE ]

Thank you for playing also.

Craps has a fixed house edge, as you pointed out. This cannnot be overcome by any player in the long run.

Sports betting has a fixed vigorish. However, the lines are set by public opinion. When the public opinion is off of the true value of the line, the player has an edge. A good professional sports bettor can hit in the mid to upper 50% range, which is plenty to overcome the 52.4% break-even point for 11/10 wagers.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 02:08 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.