d2jsp
Log InRegister
d2jsp Forums > Off-Topic > Sports Coliseum > Basketball > Tailing The Sheriff's College Picks > I Have Been Lucky And Sharing The Wealth
Prev14142434445186Next
Add Reply New Topic New Poll
Member
Posts: 45,936
Joined: Jun 4 2007
Gold: 0.00
Mar 1 2015 12:23pm
Quote (SaF7 @ Mar 1 2015 02:21pm)
Just ignore the Haters man. Let's just keep rollin'.


They are so scared I might actually have stumbled onto something it's just pathetic. All I know is I have won a shit ton more than I have lost and so have the people following me. I had a bad couple days recently, but who doesn't. Like I said before, sometimes you have to lose a battle to win the war.
Member
Posts: 16,695
Joined: Oct 14 2008
Gold: 0.00
Mar 1 2015 12:25pm
Quote (SheriffCool @ Mar 1 2015 02:18pm)
Well thanks for trying to insult my intelligence again, since clearly you are superior in every way I could not possibly understand how you back peddle and try to change your argument to 60% when thats the best betting handicapper of all time. Why would I quadruple my wager on a 3% difference on my figures which are obviously simplistic and have no merit since I don't have a PHD in boring stats. Are you seriously trying to say it's smarter to bet $40 on a single 60% chance as opposed to 4-$10 bets on 56-58% chances? I'm no mathematician but that is just plain ignorant.


A single bet of 40$ with a 60% chance in a day vs 4 10$ bets of 56-58% you're right, but that's not the end of your betting.
365 $40 bets with 60% chances in a year vs. 1460 $10 bets with 56-58% chances, yes this will give you a better result a majority of the time


You can test it out with a random number generator in excel if you want. Create 365 numbers and if the number is less than .6 give yourself +40 and -40 if it's greater than .6
then create 1460 numbers and if it's less than .57 give yourself +10 and greater than .57 minus 10

Run this like 50 times I bet my betting method comes out on top more frequently

This post was edited by sentries on Mar 1 2015 12:31pm
Member
Posts: 45,936
Joined: Jun 4 2007
Gold: 0.00
Mar 1 2015 12:32pm
Quote (sentries @ Mar 1 2015 02:25pm)
A single bet of 40$ with a 60% chance in a day vs 4 10$ bets of 56-58% you're right, but that's not the end of your betting.
365 $40 bets with 60% chances in a year vs. 1460 $10 bets with 56-58% chances, yes this will give you a better result a majority of the time


The end of my betting is in a couple weeks once the season ends, I'm not betting 365 days, but whatever makes you feel like you are right, because that's what this is all about, you trying to be right. Now its change my betting since you cant debunk my pick %, what's next?

This post was edited by SheriffCool on Mar 1 2015 12:33pm
Member
Posts: 16,695
Joined: Oct 14 2008
Gold: 0.00
Mar 1 2015 12:39pm
Quote (SheriffCool @ Mar 1 2015 02:32pm)
The end of my betting is in a couple weeks once the season ends, I'm not betting 365 days, but whatever makes you feel like you are right, because that's what this is all about, you trying to be right. Now its change my betting since you cant debunk my pick %, what's next?


Haha I'm not trying to prove you wrong here, im genuinely curious how accurate your model is. I wouldn't mind seeing your model accurately predict 60% winners because then I would buy it off you myself if you were interested in selling it.

I'm just selecting an alternative method assuming your model is correct which will increase your expected payout. If you believe your model you should listen to me...at least for next season. I can understand if you don't want to do what I said for 3 weeks

This post was edited by sentries on Mar 1 2015 12:40pm
Member
Posts: 45,936
Joined: Jun 4 2007
Gold: 0.00
Mar 1 2015 01:07pm
Quote (sentries @ Mar 1 2015 02:39pm)
Haha I'm not trying to prove you wrong here, im genuinely curious how accurate your model is. I wouldn't mind seeing your model accurately predict 60% winners because then I would buy it off you myself if you were interested in selling it.

I'm just selecting an alternative method assuming your model is correct which will increase your expected payout. If you believe your model you should listen to me...at least for next season. I can understand if you don't want to do what I said for 3 weeks


I have been advised to not sell my formula and instead to start a site where people can pay a fee (like $100 a year) to follow my picks. Give a man a fish, he will eat for a day, but if you teach a man to fish he will eat for a lifetime. The residual income aspect seems to be the more profitable way to go, if that even ever becomes a viable option to actually try and market this. If it does prove to be something that is a consistent at winning, I might just go Ham for a season and put all the money I have in on it and then just retire a multimillionaire and say fuck everyone...lol

This post was edited by SheriffCool on Mar 1 2015 01:08pm
Member
Posts: 16,695
Joined: Oct 14 2008
Gold: 0.00
Mar 1 2015 01:17pm
Quote (SheriffCool @ Mar 1 2015 03:07pm)
I have been advised to not sell my formula and instead to start a site where people can pay a fee (like $100 a year) to follow my picks. Give a man a fish, he will eat for a day, but if you teach a man to fish he will eat for a lifetime. The residual income aspect seems to be the more profitable way to go, if that even ever becomes a viable option to actually try and market this. If it does prove to be something that is a consistent at winning, I might just go Ham for a season and put all the money I have in on it and then just retire a multimillionaire and say fuck everyone...lol


thats what I would do if your model is accurate. well, maybe not all my money but I'd have no problem placing $1000 bets every time on the 60% chances of winning (and im a poor college student). you could probably afford at least $5000 bets :thumbsup:
Good luck the next couple weeks. I'll continue to analyze your bets whether you like it or not haha.
prepare to see me lurking :ph34r:

This post was edited by sentries on Mar 1 2015 01:18pm
Member
Posts: 45,936
Joined: Jun 4 2007
Gold: 0.00
Mar 1 2015 01:22pm
Quote (sentries @ Mar 1 2015 03:17pm)
thats what I would do if your model is accurate. well, maybe not all my money but I'd have no problem placing $1000 bets every time on the 60% chances of winning (and im a poor college student). you could probably afford at least $5000 bets :thumbsup:
Good luck the next couple weeks. I'll continue to analyze your bets whether you like it or not haha.
prepare to see me lurking :ph34r:


I would probably split my savings 4 ways and do 4 $20k bets a day all season, and hope like hell I dont lose 4 the first day or at least my wife would probably cash in on my life insurance from suicide and have 1 million.

This post was edited by SheriffCool on Mar 1 2015 01:35pm
Member
Posts: 35,229
Joined: Jul 11 2006
Gold: 15,501.00
Mar 1 2015 01:43pm
Please don't gamble your savings away sheriff lol. Variance is very cruel.
Member
Posts: 45,936
Joined: Jun 4 2007
Gold: 0.00
Mar 1 2015 01:50pm
Quote (MVPx @ Mar 1 2015 03:43pm)
Please don't gamble your savings away sheriff lol. Variance is very cruel.


Well that's certainly never the intention. I would have to be damn sure of it before I took that kind of money out, my wife would be pissed as fuck even if I won....lol
Member
Posts: 35,229
Joined: Jul 11 2006
Gold: 15,501.00
Mar 1 2015 01:51pm
Quote (SheriffCool @ Mar 1 2015 10:18am)
Well thanks for trying to insult my intelligence again, since clearly you are superior in every way I could not possibly understand how you back peddle and try to change your argument to 60% when thats the best betting handicapper of all time. Why would I quadruple my wager on a 3% difference on my figures which are obviously simplistic and have no merit since I don't have a PHD in boring stats. Are you seriously trying to say it's smarter to bet $40 on a single 60% chance as opposed to 4-$10 bets on 56-58% chances? I'm no mathematician but that is just plain ignorant.


When gambling you have to look at the expected value of a given wager. Whether it's poker, sports betting, etc.

Putting 1 $40 bet on a 60% chance of winning is better than putting 4 wagers on 56-58%. The problem in your case is in the short run placing only 1 bet will significantly increase your variance.

I mean just think of it like... 1000 bets @ $10 each with a 60% chance of winning. Or 1000 bets @ $10 each with a 56-58% chance of winning. Which would you expect to make more money with?

Quote (SaF7 @ Mar 1 2015 10:21am)
Just ignore the Haters man. Let's just keep rollin'.


You're so annoying lol. People aren't hating, explaining a math concept to try and help him make more money isn't hating.
Go Back To Basketball Topic List
Prev14142434445186Next
Add Reply New Topic New Poll