Sports Futures Trading

skierdude1000 · #1 08-11-2005, 12:46 PM

Hey I am pretty new to this whole sports betting thing and I came across http://www.tradesports.com/

Anyone have any insightful reading or commentary about sports future betting? Is it a lot more profitable than just a regular sportsbook?

Thanks guys

ctv1116 · #2 08-11-2005, 07:10 PM

uh, its prety much the same thing, other than the in-game running which allows you to analyze (and profit from) in-game situations.

craig r · #3 08-11-2005, 08:48 PM

[ QUOTE ]
uh, its prety much the same thing, other than the in-game running which allows you to analyze (and profit from) in-game situations.

[/ QUOTE ]

I am going to disagree with this. The vig is a little bit less. Plus, you can get 0 vig if you are a "market maker" (i think that is what they call it). Which is basically just buying/selling without the offer being accepted instantly.

craig

ctv1116 · #4 08-11-2005, 09:21 PM

Eh, they still get you if you hold the contract to expiry (keep the contract until the game outcome is decided). This 4 cents on a $10 bet doesn't seem like much, but it can turn a price from being better than the sportsbooks to worse. Depending on the initial moneyline, it can be worth between 1.6 and 4 cents in terms of the moneyline, i.e. turn a even bet to a -102 bet and a -200 bet to a -204 bet.