That’s amazing considering that in theory there’s no such thing as a bad or a good bet in sports betting. Obviously there’s a tiny edge out there. But if there was a world’s worst sports bettor, it would imply that the game is beatable the other way.
So the volume these 3% put in must bre incredible.
Parlays tho
Finding profitable bets is not that difficult, sometimes trivial (even if you don’t follow sports that much). When they started offering online sports betting here I was shocked at how many markets were offered. The issue is getting the money down. Of course if the books can just cut off bettors at any time you expect that almost everyone will lose.
Tough to beat 10% vig.
I think the 3% are the people that get a gambling addiction and are depleting retirement savings, mortgaging the house, etc.
If this were true, then bookies could not be profitable. DUCY?
Yea finding profitable bets is stupid easy. The problem is they aggressively back you off or steal your funds when you start winning, which should be illegal.
Bookies take rake. They don’t make their money picking sides afaik.
Unclaimed $197M Mega Millions ticket sold in Encino expires Dec. 7
Meh, this isn’t really true either imo. Especially for the online sportsbooks. If your business model is to ban all the sharps it isn’t really efficient to not give the losing better a bit of rope.
Ok but define how much edge the best sharps have, and that should be the worst negative edge a losing whale should have, right?
Otherwise, you could always just fade the opposite side of the worst player on the site and be the biggest winner. Unless a big part of being a losing whale is picking spots where the rake is killing you. Has anyone ever tried to quantify that?
So my point is the whales still have to put in a ton of volume to lose that much, just like sharps would have to put in insane volume to win millions (if they were allowed).
it’s probably just volume here.
A lot of the parlays offered have a really high vig (rake) and you aren’t allowed to take the other side. People who find a way to win in those are making a lot less than the whales are losing.
I’m guessing most of the people in deep are doing escalating parlays, as that’s the only way they’re gonna make it back
Things that make you go hmm
That’s really fucking depressing. Malls are depressing enough when you have to go there for an hour.
“The mall is becoming cool again,” said Jacob Knudsen, the vice president of development for Macerich, which is currently redeveloping the FlatIron Crossing Mall in Broomfield, Colorado to add housing.”
JLawokgif
Haha, they’re not sleeping in the shoe department at Sears. They’re tearing down unused SF and building apartments and other stuff. It’s actually quite good to be repurposing underutilized real estate. Offices are boring, we don’t say “oh wow, how depressing” if someone lived in an office-to-multifamily conversion.
I get that, but malls are located in shitty places.