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Old 10-01-2005, 02:06 PM
SumZero SumZero is offline
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Join Date: Jul 2004
Posts: 73
Default Re: Buying Points and Related Issues/Sports Betting Theory Question

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And therefore I do not think there is +EV unless you are the one getting the juice/commission/fee or whatever you want to call it. Sports betting is simply a game with -EV and there is not much we can do about it.

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Several professional handicappers and sportsbetters I'm sure would beg to differ.

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Sure they would and they always will. But the real money is going to the brokers. Why do the books advertise handicappers, imo most if not all are scam artist. As for professional sports bettors do you know one that you are certain is truly successful. We hear stories, see movies, buy books. If I could beat sports betting I would not share my theory with anyone, I would remain as anonymous as possible and not even get greedy. I would just do it. I repeat that sports betting is -EV unless you can become the broker and for me that has been by grinding out middles in baseball when I find numbers that put me in a no lose situation.

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This is no different than hold'em. If you have the skills and play at the right tables/sports books than it should be +EV. If you don't, it will be -EV. The house/casino/sports books will always be the big winners if properly played/run, but that doesn't mean that you can't be a successful +EV player at hold'em, sports betting, or both (although I agree that many people who think they are +EV at both of the above are actually lucky -EV players).
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