Browsing Tag

Betting

416 posts
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1 minute read

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.
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5 minute read

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.
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4 minute read

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.