TA,
I agree with you. You could get overwhelmed reading some of these threads. It really is very simple though. I would suggest pulling up the money line converter they offer and only betting during commercials for a first timer. Just wait until you see something that looks like good value and then jump on it.
Once you get a few trades under your belt it will be a piece of cake. The most risky and also the most rewarding time to trade is usually the end of the event. You really need to know what you're doing towards the end or you can get yourself in trouble.
One of my most productive times was when I got the Yankees against AZ in the world series in the 8th or 9th inning for $10 or $11, 2 or 3 games in a row.
One of my scariest moments was when I started buying Oak at $90, $92, $94, $98, $90, $88......That was the game a month ago when they were up 10-0 and they ended up getting tied in the 9th. I was in a horrible position, (not like me) I had 110 contracts which cost me about 10k to win 1k with the game going into extra innings. I could've got out of the bet and lost probably 4 dimes but didn't. I think I was in shock that I had put myself in that position. Eventually Oak(hatteberg?) hit a game winning hr. I hope I never do that again. It was a wierd game ...The announcers would say the A's are 150 and 0 when they lead by 5 or more runs, The were trying to death call them. Then they said Tam hasn't given up a homer in 72 innings and he gave up a jack to the next batter...I learned my lesson but thank God it didn't cost me any money.
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