A few weeks ago there was the Bellagio S. Korean baseball incident where a handful of games were left up for betting after start time. Some bettors noticed the oversight and stuck in multiple bets on the in-progress games and ran good. They racked up a six-figure win and then the fun began. https://www.espn.com/chalk/story/_/id/29389142/probe-opened-las-vegas-bettors-exploit-error-international-baseball-bets The sports […]
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Ethics Vs EV
Last week a story broke detailing a botched start time for a group of South Korean baseball games that were scheduled to begin after midnite. The main line services had the time right but one group of books got it wrong. It had the games starting much later, and as a result bettors, still up […]
NFL Draft Betting in Nevada
Times are tough if you’re a Nevada sports bettor. There’s not much to bet on and not many places to bet. It’s not completely dead, though. Sports books are one casino component that could have remained open in April. With the apps now available, no direct customer contact is needed so it’s up to the […]
The Straddle
When betting sports, knowing how much of a house edge you’re initially up against can be confusing. There are a handful of terms you’ll see that basically mean the same thing, but can be tough to interpret for a beginner. For odds presented in the modern American format, they’ll be standardized and based on a […]
One in 288 Million Hands
I regularly see and hear what players perceive as rare events taking place in casinos. Usually it’s something in the mid six-figure to one shots. A dealt royal is roughly 650,000 to 1 for example. As tough as that is, you see that now and then and may have even had one yourself. Last month […]
Football Contest Formats and Strategies
When NFL exhibition games start, enthusiasm for the upcoming pro and college seasons hits full stride. Bets on regular season wins, odds to win divisions/conferences/Super Bowl and on the first weeks slate of games picks up considerably. The announcement of all the Nevada football contests being offered takes place earlier in the summer but as […]
Handicapping vs Market Efficiency
I hear it all the time. “What you guys do is easy.” “How tough can it be to just bet off numbers?” “If you were any good you’d do some REAL handicapping.” It’s meant as a not-so sideways insult most times, but mainly it’s an expression of frustration. Many handicappers feel their work has meaning […]
The End of Days for CGT
Cantor Gaming, subsequently Cantor Gaming Technology (CGT), was formed in 2004 and in 2009 made a big splash in the Vegas sports betting market with it’s outlet at the newly opened M Resort. Over the next few years they became known as the place to go if you wanted to bet big and gained the […]
Anatomy Of A Bridgejumper
So it finally happened. After 50 Super Bowls with no overtime a small percentage of bettors watched helplessly as the Patriots converted their second 2pt conversion to knot the game at 28-28 with less than a minute to play. Atlanta had blown off all three of their timeouts earlier in the half so they had […]