You put up ten percent on your original dollar bet, some places 20 percent. The house gets the interest if you lose, if you win you get all your money plus the bet money back.Thedictator wrote:Does the house have an edge. I always thought they just lined up 2 parties and took a small fee.vcsgrizzfan wrote:I don't. Partly because the house's take is probably as much or higher as any alpha I could create with the amount of thought I would be willing to give it.
I know in poker the house takes the rake, so i am guessing in sports betting it's basically the same. So it comes down to skill.
Does anyone here bet money on sports?
- Da Stars.
- Tight wad. Penny pincher. Mr. Dollar Theater.
- Posts: 36204
- Joined: Sun Jan 19, 2014 12:51 am
Re: Does anyone here bet money on sports?
- AlaskaHawks
- Mount Rushmore
- Posts: 37572
- Joined: Sat Jan 18, 2014 9:47 pm
Re: Does anyone here bet money on sports?
I do everytime in Vegas. I have a lot of fun with it.
It gives you a heavy rooting interest in a game you otherwise wouldn't care about at all.
I bet on the UFC when I was there for it. It was crazy how much more enjoyable/interested that made me in the fights.
I haven't done online because I get pretty addicted to gambling when it's that easy - or I did in the past. I just would rather keep it as a novelty of Vegas.
Futures betting is fun when there too because if your bet wins you can mail in the betting slip.
I usually pick the NBA/MLB/NFL winners and see how I fare.
It gives you a heavy rooting interest in a game you otherwise wouldn't care about at all.
I bet on the UFC when I was there for it. It was crazy how much more enjoyable/interested that made me in the fights.
I haven't done online because I get pretty addicted to gambling when it's that easy - or I did in the past. I just would rather keep it as a novelty of Vegas.
Futures betting is fun when there too because if your bet wins you can mail in the betting slip.
I usually pick the NBA/MLB/NFL winners and see how I fare.
"The idea is not to block every shot. The idea is to make your opponent believe you might block every shot."
Bill Russell
"I'm just 'bout that action, boss"
L.O.B. = Love our Brothers.
Bill Russell
"I'm just 'bout that action, boss"
L.O.B. = Love our Brothers.
- manchild98
- Hidden Member
- Posts: 14227
- Joined: Sat Jan 18, 2014 10:05 pm
Re: Does anyone here bet money on sports?
I think vegasfraud is the only member who makes daily bets.
Re: Does anyone here bet money on sports?
I bet on Bovada a few times a year on prop bets on NBA Finals games, wins totals, sometimes on Tennis Grand Slam/Golf Major winners. I don't bet enough win or lose a meaningful amount of money though. I waste a lot more money betting Powerball.