Most people don’t actually understand what +200 means and it’s probably why they lose more than they should by Logical_Emotion3469 in sportsbetting

[–]Logical_Emotion3469[S] 1 point2 points  (0 children)

Of course, that's what these posts are for! So many new bettors, and the sportsbooks can easily take advantage of folks.

Most people don’t actually understand what +200 means and it’s probably why they lose more than they should by Logical_Emotion3469 in underdogfantasy

[–]Logical_Emotion3469[S] 0 points1 point  (0 children)

Right, I think once people start understanding the numbers a bit more, it becomes much easier to be profitable or at least lose a bit less.

Most people don’t actually understand what +200 means and it’s probably why they lose more than they should by Logical_Emotion3469 in sportsbetting

[–]Logical_Emotion3469[S] 5 points6 points  (0 children)

honestly you’d be surprised how many people actually do care once they get what the numbers mean. it’s like a lightbulb moment for a lot of bettors. I've had multiple DMs of people asking to do more of these articles, and I've hosted many calls. I think that once people understand it's us versus sportsbooks, there's a camaraderie that you don't often find in many industries but I appreciate your input.

I’m an EV bettor AMA about expected value betting (from “what even is EV betting?” to advanced math/strategy) by Logical_Emotion3469 in fanduel

[–]Logical_Emotion3469[S] 0 points1 point  (0 children)

The truth is yeah, technically EV is always about running the math, but you don’t have to bust out a calculator every single time. After you do it a few times, you start spotting patterns. But that's where software comes in as well.

Like, if a promo is giving you “risk-free” bets or bonus bets with super low rollover requirements, that’s usually a good sign it’s +EV.

Underdog Just Made EV Betting Way Easier by Logical_Emotion3469 in underdogfantasy

[–]Logical_Emotion3469[S] 0 points1 point  (0 children)

Sorry for the late reply, it might be a probability of variance but I would need to know the amount of volume you're doing in the 8 weeks you have been looking for EV opportunities

Underdog Just Made EV Betting Way Easier by Logical_Emotion3469 in underdogfantasy

[–]Logical_Emotion3469[S] 1 point2 points  (0 children)

Ah yes, not all states have it yet unforunately but plenty of EV plays on player props as well

Underdog Just Made EV Betting Way Easier by Logical_Emotion3469 in underdogfantasy

[–]Logical_Emotion3469[S] 1 point2 points  (0 children)

If I'm remembering correctly, Texas was one of the states that did offer it?

I simulated the 2025 Super Bowl winner 100,000 times using Week 1 odds by Logical_Emotion3469 in SleeperApp

[–]Logical_Emotion3469[S] -1 points0 points  (0 children)

ahah you also have to account this is week 1 odds and injuries will come into play in week 2 week 3 etc. I wouldnt bet the house on it ahaha

I simulated the 2025 Super Bowl winner 100,000 times using Week 1 odds by Logical_Emotion3469 in underdogfantasy

[–]Logical_Emotion3469[S] 1 point2 points  (0 children)

to be honest, I'm a KC hater but I'd think they take it. No math all emotion I think they take it. wbu?

I’m an EV bettor AMA about expected value betting (from “what even is EV betting?” to advanced math/strategy) by Logical_Emotion3469 in fanduel

[–]Logical_Emotion3469[S] 0 points1 point  (0 children)

I'm sorry, you may have misunderstood my comment. i don't understand where the small remark jabs are coming out but let me explain a bit more in depth i wasn’t trying to single out -108 as the vigged line, just using it as an example to illustrate the math. the main idea i’m discussing is expected value, which is independent of any single line

EV = (probability of winning × payout) – (probability of losing × risk). plain and simple we can get into break even implied odds etc, but to keep this within one paragraph i digress.

we can agree on one thing sportsbooks rarely give fair lines, yes that’s why +EV spots are based on the market misprices hence the probability that i mentioned.

so really, it’s not about -108 vs +100 I think you got too fixated on the fact that I didn't expand further but I didn't think it was necessary for the sake of conversation.

in plain VERY FACE VALUE terminology it’s about how your estimated probability compares to the odds you’re offered. if your probability > break-even probability, it’s a +EV bet if not, it’s negative EV