View Single Post
  #25 (permalink)  
Old 10-19-2002, 01:19 PM
The Actuary The Actuary is offline
Five Star General
 
Join Date: Apr 2001
Posts: 20,224
Default

Buckeye,

I have nothing else to add, other then if you scalp you ultimately end up paying the same guy routinely, it's what separates good linesmen from bad as graphically illustrated in our example.

Please do not try to make it any simpler, I understand the concept, it has nothing to do with the particular number posted if it was heads +110, tails +105, I'd still advocate betting as much as possible on heads and half as much on tails, I think a pure scalper would advocate more on tails the worse of the two numbers to even out the return.

I am grateful the thread stayed basic, I really didn't want to include the thousands of vagaries that separate sports betting from coin tosses.

And if you remember next chat, I have some golf info. from this past week that will really make you laugh that I'd rather not post.

GL
TA

__________________
In 1998 the Department of Justice brought charges under the Wire Act against 22 American citizens involved in managing foreign-based sites. "You can’t hide online," Janet Reno, the attorney-general, warned Internet betting operators, "and you can’t hide offshore."
Reply With Quote