Friday, April 30, 2010

Money Line Dogs are a must play.

The old adage that you must hit 57% winners to show a profit in sports betting is a myth and a thing of the past. It used to be that way before the onset of online wagering and money lines in all sports but that is no longer the case.

In fact, when wagering on sports, laying juice will be a big detrimental to your bankroll and sooner rather than later, you’ll go broke. It’s simply impossible to overcome the vigor over an extended period of time and anyone that tells you anything different is incorrect. So let’s have a look at betting on money-line dogs as oppose to laying a price.

We’ll use a money line favorite of –1.40 as an example with a take-back of +1.30. If you’re constantly laying juice, you will lose, that I can guarantee you and here’s why:

Let’s assume you’re wagering on three baseball games a day at an average of -1.40 per game for $100 each game and let’s assume you do that for an entire season. For six months or 180 days that would be 540 bets per season at an average of –1.40 per game. Of course, that’s a generalization but most bettors agree that laying –1.40 isn’t so bad when they believe they have a great chance of winning the wager. Some games you’ll lay –1.20 or even –1.60 but for argument sake we’ll assume the average lay will be –1.40.

Ok, now let’s assume that you hit 60% of those, an unlikely scenario when you consider that the best teams in baseball play about .600 ball. But let’s assume that you have a great year and hit 60% winners.

Therefore we have 540 ball games with 60% winners would see you go 324-216.
Now we’ll multiply 324 x 100 = 32,400.00 worth of winners.
Then we’ll multiply 216 x –1.40 = 30,240.00 worth of losers.

32,400 (winners)–30,240 (losers)= +2,160.00 and that would be your net profit if you had an incredible year. A more likely scenario is you go somewhere between 45%-55% and when you add those numbers up when laying juice the results are staggering and they’re not in your favor.

Let’s assume now you have a decent year and hit 52% winners with the exact same wagers.
560 games x 52 % winners = 288 winners and 272 losers.
288 x 100 = 28,800.00 in wins
272 x –1.40 = 38,080.00 in losses, which is an eye opening –10,080.00 for the season.

In other words, if you lay an average of –1.40 per game and hit 52% winners, you’ll lose more than 10,000.00 for the season.


Now, let’s say you wager strictly on dogs at an average of +1.30 and you hit that same 52%.
288 losses at –100 = 28,800.00 in losses
272 wins @ +1.30 = 35,360 in wins for a total profit of 6,560.00 for the season, which is a staggering difference of close to 17,000.00 for the year.

The more juice you lay the more difficult this equation becomes to show a profit and these numbers are not unreasonable at all.

Money line underdogs win every day, especially in baseball and hockey and it’s for the above shown samples that you should never lay juice consistently or you’re guaranteed to lose.

Consider that every team in the majors will win 60 games and lose 60 games and there’s rarely an exception to that. What they do in the other games will ultimately decide whether they have a good or bad record at the end of the year but the point is that it’s more proof that dogs win daily.

So, if you’ve been laying juice it’s time to break that habit. When you play underdogs, you don’t need to hit a high percentage to show a profit and even if you have a bad year, the losses will be limited. A bad year laying juice will destroy your bankroll and until you change that will not. A good year taking back a tag will carry you for a long time and you’ll show a profit at the end of the season way more times than if you laid a price every game.

Friday, April 23, 2010

THE NBA…Fixed or Not?
Tim Donaghy, the referee who said that he could pick 75-80% of games versus the spread, claims he had insider info based on knowledge from the workplace. Now that the NBA playoffs are upon us and well into the first round, one must wonder if Donaghy isn’t alone.

Think about that for a second. Think about your own workplace. Think about all the secrets, off-the-record and under-the-radar information you know about everyone around you. Now transfer that to the NBA, and if you were a league employee of any sort (coach, player, trainer, ref, etc), you'd know all kinds of details that the average gambling fan would never know, ranging from personal problems with the players and coaches to ref biases to health issues unreported. It's the very definition of "insider training."

I’ve always maintained that you can’t take the human element out of sports and refs are human too. If they're getting barked at constantly by the same player and perhaps in an inappropriate manner, the refs will inevitably - even if it's just subconscious - screw the player with bad calls. They also get into it as much as the player when the house is packed and the fans are going crazy. Look at the way they make a call with such emphasis when the crowd is roaring, it’s almost as if they’re waiting to make a call on the visiting team in an attempt to win the crowd over.

When the Oklahoma City Thunder recently hosted its first playoff game, the crowd was in a frenzy like never before and Kobe Bryant did not get to the line the whole game. If that exact same game was played in Hollywood, er, I mean L.A., there’s no way that happens. No way, no how, period.

Big market teams and big market players is what sells the NBA and there’s no way the refs aren’t influenced by either choice or command. Who could ever forget the 2000 Western Conference Finals between the Trail Blazers and Lakers? That game was a blatant example of the NBA aiding and abetting the Lakers to victory. The free throw disparity was Lakers 37, Blazers 16, an atrocity that the NBA should forever be embarrassed about.

The NBA claims that it keeps detailed records to review their refs. If this is true, where are these records and why aren't they online for everyone to see? Moreover, I suspect many NBA teams keep their own internal "ref stats" so they can make the necessary adjustments when facing a Salvatore vs. a Bavetta vs. a Javie, etc. Make the stats public already!

Listen, I’m not saying the games are fixed but I’m no fool either and there’s no way the NBA (refs) allow the same thing to happen in Oklahoma City this Saturday night when the Lakers play there again for game three. The Lakers and specifically Kobe will get every call because the Lakers and Cav’s (Kobe and LeBron) are destined by the NBA to reach the finals for the most anticipated NBA Final ever. You don’t think so? Watch Saturday’s game and then tell me what you think. Or better yet, lay the two points with the Lakers.

Sunday, April 4, 2010

Mark McGwire and the Cardinals

It was a very nice gesture on the part of the Cardinals and specifically lyin’ Tony LaRussa to hire Mark McGwire as the team’s hitting coach for the upcoming year. So, what is McGwire going to teach these guys? Well I suppose he can teach them how to use steroids, how to cheat and get away with it, how deceit is rewarded and how to hide for months should they get caught.


How nice of McGuire to own up to his bad deeds and come out with a highly orchestrated, insincere apology regarding steroid use during the majority of his playing career. Does he really think we’re all idiots? He deceived us for years and now he believes that confession clears him? Are you kidding me?


McGwire isn’t sorry one bit and the only reason he apologized was because he knew he was going to have to face the media in every city once the season began. Had the Cards not hired him, he’d still be hiding. The timing of his announcement at the start of the new baseball season has allowed him to hide behind the frenzy of a new Cardinal season and that’s all there is to it. Has anything ever been so transparent?


What credentials does McGwire bring to his new job? How about a career .263 batting average and that’s for a guy that cheated his whole career. Had he played fair he might have a .243 career batting average. In 1989, with 490 AB’s McGwire hit .239. In 1990, with 523 AB’s he hit .235 and in 1991, with 483 AB’s he hit a puny .201. He then was injured and missed most of ’93 and ’94 and then came back in ’95 and that’s when his career took off.


This guy is the biggest imposter to ever coach or wear a major-league uniform. He was a terrible contact hitter and again, without roids, he was probably going to be a career .230 hitter. This is the guy the St. Louis Cardinals and that drunk, Tony LaRussa hired. Mark McGwire coaching Albert Pujols is equivalent to Tiger Woods teaching Dr. Phil about marriage.


The club hoped McGwire’s hastily arranged six-minute interview with reporters in a remote hotel hallway at the Winter-Warm-Up would serve as McGwire's last such public exposure before going to spring training. Yeah, ok Mark. You’ve fooled us for the last time.


I’ve never liked Tony LaRussa and now he just makes me sick. All the experts are calling for the Cardinals to easily win this division and if we listened to the experts we'd all be broke.

Thursday, April 1, 2010

MVP

This time of year in the NBA and the NHL, we're always hearing the play-by-plays discussing who they think should be this years league MVP.

It's pretty sickening to listen to because nobody really gives a damn but it bothers me for other reasons. In the NHL, the candidates are Sidney Crosby, Alex Ovechkin and perhaps Henrik Sedin but that my friends is all wrong for an MVP award. Now, if they were handing out an award for the NHL's best player, that aforementioned trio are all very deserving but MVP, are you kidding? Doesn't MVP stand for "Most Valuable Player"? Where would the Caps be without AO? Well, they'd probably be in the exact same spot they're in right now, that being in first place in the East and heading for the playoffs. How about the Pens without Sid or the Canucks without Henrik? Well, perhaps not with as many points but certainly heading for the playoffs and in that respect, one would have to believe that the Pens would be a lot worse off without Sid than the Caps would be without Ovechkin. For MVP between those two, it would not be close.

Without doubt, however, the league's MVP this year should be none other than the Montreal Canadiens goaltender, Jaroslav Halak. The Habs are likely going to the playoffs and they're going to make it for one reason and one reason only. Credit the Canadiens season to Halak. He's been brilliant almost every night when the team has not. In fact, Montreal would likely be near the bottom of the league in the standings if it weren't for Halak, Rarely were the Canadiens the better team on the ice than anyone they played. Halak has single handily won at least 20 games for Montreal and maybe more.

The MVP this year is Halak, period. Without Halak the Habs had no chance of making the playoffs and that's all there is to it. Is he the best player in the league? No? But he's more valuable to his team than any player in the NHL and frankly, it's not even close.