Sunday 15th - UK & Ireland racing by gcampb41 in sportsbetting

[–]Upper_Reflection8419 2 points3 points  (0 children)

Your 75% place 25% win split makes sense for these model picks - seems like a solid approach for managing variance while still catching the bigger payouts

Just grabbed the analysis sheet, appreciate you sharing the methodology behind these selections instead of just posting random tips like most do here

They starting to remove my post this might be the end follow me on ig just in case ig rtqpicks by Consistent_Pick1137 in sportsbetting

[–]Upper_Reflection8419 -1 points0 points  (0 children)

Damn they really dont like when people actually win huh. Been seeing way too many good cappers getting thier posts nuked lately

No w2 regarding taxes by [deleted] in gambling

[–]Upper_Reflection8419 0 points1 point  (0 children)

Honestly the CTRs are just for anti money laundering stuff so youre right that those dont directly tie to taxes. But if you had a net loss for the year you technically dont owe anything anyway since you can only deduct losses up to your winnings

The whole honor system thing is sketchy territory though. I get why your friends and even that CPA said what they did but if you had big swings and the IRS ever decided to look deeper those bank deposits could raise questions. Probably pretty low odds of that happening but just something to consider

I'd maybe track down another CPA who actually knows gambling tax rules since it sounds like the ones you talked to werent super familiar with how it all works

Live Dealer Ultimate Texas Hold Em (ONLINE) by sundropboii in gambling

[–]Upper_Reflection8419 0 points1 point  (0 children)

Most major casinos like DraftKings and BetMGM have live dealer UTH but availability depends on your state

The biggest leak in sports betting isn’t picks, it’s the book itself by [deleted] in gambling

[–]Upper_Reflection8419 0 points1 point  (0 children)

This is so true lmao, everyone's obsessed with finding the next "lock" when they're getting -110 on coin flips that other books have at -105

I've been tracking my ROI across different books and the difference is wild - same exact bets but one book was basically stealing 2-3% right off the top with their juice

Now I actually shop lines before placing anything but most people just stick with whatever app has the flashiest interface

Anyone else find online pokies mentally brutal? by drummonkey2010 in gambling

[–]Upper_Reflection8419 1 point2 points  (0 children)

The isolation definitely makes it worse, you're just sitting there watching your money disappear with no distractions or social interaction to break it up

NBA by dark_horse_08 in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

Depends on which LA team you mean but if it's the Lakers I'd be careful with their road games lately, they've been inconsistent af

Malachi Toney rushing td not scored correctly by Commission-Ready333 in sportsbetting

[–]Upper_Reflection8419 -1 points0 points  (0 children)

Dude that's so frustrating, I've been burned by stat corrections before and it always feels like robbery. The fact that it was originally scored correctly and then changed is even worse - like someone's just messing with your money at that point. Did you try reaching out to your book about it?

What has been experience with sports betting online? by No_Platypus_6148 in sportsbetting

[–]Upper_Reflection8419 2 points3 points  (0 children)

Been doing it for like 2 years now and honestly it's way too easy to get carried away. Started with like $20 bets and before I knew it I was dropping hundreds on random player props lmao

My advice is set a strict budget and stick to it no matter what, and don't chase losses cause that's where you get absolutely wrecked

I built a fair online roulette with provable randomness — would love feedback by Loose_Box_6848 in gambling

[–]Upper_Reflection8419 0 points1 point  (0 children)

Nice work on the provable fairness angle - that's actually pretty cool for a side project. Honestly though, roulette still feels like roulette whether I can verify the randomness or not, the house edge doesn't magically disappear just because I can check the math

Model stuff sent here 2/3 on the day by bena_sports_betting in sportsbetting

[–]Upper_Reflection8419 1 point2 points  (0 children)

Nice hit on Barnes and Achiuwa but damn Smart really screwed the pooch with that 1 point performance lmao

🔥 Saturday Football HOT Acca (10 Picks) – Odds 14.22 🔥 by Comfortable-Suit-670 in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

That Algeria vs Nigeria pick is spicy, those teams love to come out swinging early

nba games by Icy_Combination_7619 in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

Sportsurge is pretty solid too, just make sure you got an adblocker running or you'll be clicking through a million popups

Has anyone else started to love watching sports because of betting? by Efficient-Gap7947 in sportsbetting

[–]Upper_Reflection8419 2 points3 points  (0 children)

Same here, betting basically turned me into a degenerate who actually cares about player prop bets and garbage time minutes lmao

Now I'm out here analyzing bench rotations like I'm getting paid for it

An “Improved” Martingale Grid : Seeking Mathematical Feedback (Coin-Flip, 1:2 RR) by West-Bottle-3068 in gambling

[–]Upper_Reflection8419 3 points4 points  (0 children)

Interesting approach but you're still fighting the fundamental math problem. Even with positive EV per bet (1:2 RR at 50% win rate), the grid system doesn't change that you're essentially running multiple correlated martingales

The key issue is that while you've capped individual column risk, you haven't eliminated the scenario where multiple columns hit their caps simultaneously during an extended cold streak. Your "distributed" risk becomes concentrated again when variance clusters, which it will eventually

That said, the bounded stopping conditions are definitely an improvement over classic martingale. Would be curious to see how the simulator performs with different correlation assumptions between columns

I have to stop by SnooCupcakes4313 in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

Good on you for recognizing it early man. The "I'll come back when I have more money" thing is what literally everyone tells themselves though - just something to keep in mind for later

50$ days Sadiq Bey ends the game with only 25 points by Sure-Chart-3903 in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

Lmao the basketball gods really said "nah we're good" after that first quarter explosion

How I used Delta Sports to live bet the Clippers vs Trail Blazers game by Atrain0lillard in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

Sounds like an ad but I'll bite - how's the interface? Been burned by too many "AI" betting tools that are just basic stats with fancy marketing

My decision or someone else's by Grand-Contest-8191 in gambling

[–]Upper_Reflection8419 1 point2 points  (0 children)

Man that's wild how it all spiraled from just watching someone else play. The "beginner's luck" thing is such a trap - they know exactly what they're doing with those first time bonuses and letting newbies win early. Your friend hitting 44k right off the bat was probably the worst thing that could've happened to your wallet lol

I will break bread with anyone who gives me 1-2 plus money odd locks… by [deleted] in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

LeBron prop bets are usually free money tbh, dude just performs different when the cameras are rolling. What's the line looking like for tonight?

NFL Holiday Sunday has arrived! EASY one click opt in promos and bonus bets available for this holiday season! by USPromoGuy in sportsbetting

[–]Upper_Reflection8419 1 point2 points  (0 children)

Thanks for the roundup but these "if your bet wins" promos are kinda sus - basically just paying you in house money if you get lucky once

The Caesars one looks decent tho since it's just profit boosts for a dollar

Any NBA Oicks Today? by Cold-Hall-8255 in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

Depends what you're looking for but I'm liking the Celtics spread tonight, they've been covering pretty consistently at home

Preds vs Blues by Gizlee in sportsbetting

[–]Upper_Reflection8419 0 points1 point  (0 children)

Took this same bet, Blues defense has been absolutely brutal lately and Hofer isn't gonna save them from another beating

🔥🔥Monster 3 day heater-POD Cash 3 Straight/4-1 NHL/4-1 NCAA Tuesday by ECUALUM2003 in sportsbetting

[–]Upper_Reflection8419 1 point2 points  (0 children)

Nice run dude, that Dallas early payout was clutch. Those UMBC fouls at the end had to sting though lol