Browsing Tag
Betting
422 posts
Betting controversies cast shadow 🎥
Sports betting took center stage this week as Shoehei Ohtani, baseball's highest-paid player, is being investigated by MLB for his involvement in payments to an illegal bookmaker. Plus, NBA reserve Jontay Porter is being investigated after irregular betting activity took place at legal sportsbooks on his proposition bets.
Bet-ology: Definition of “handle” 🎥
In sports betting coverage and conversations, you often hear the word "handle" to describe betting action.
B.Y.O.B.: Hedging strategies for futures ticket 🎥
One viewer solicited Doug's opinion on his excellent futures tickets of the Ravens to win the AFC and for Baltimore to meet San Francisco in the Super Bowl.
Bet-ology: Headfake 🎥
This is a tactic used by respected bettors that is intended to dupe oddsmakers. The objective is to move the betting market so they can eventually capitalize for a larger profit.
Bet-ology: “overlay” 🎥
This is a term often used in betting pools and contests.
Bet-ology: “Straddle” 🎥
There are several terms associated with "transaction costs" of sports betting. "Juice" is the fee that enables the house to lock in a profit. Straddle is a way to measure that advantage.
Bet-ology: “Tilt” 🎥
This a term often used in poker and sports betting. Experience and discipline are needed to avoid this.
Bet-ology: “hold” or “hold percentage” 🎥
How a sportsbook performs is often predetermined. And that performance varies from operator to operator. Doug explains how it all goes down.
Bet-ology: Juice or Vig 🎥
This term "juice" is often used in betting conversations. Bettors track and evaluate it. Doug explains what it means.
Myth-conceptions: Is equal money needed on each side of a game? 🎥
Doug addresses a common believe that a point spread adjusts to generate equal money on each side of a game.