Who Should I Bet On?
I like to focus on bets that bring the biggest payouts. Screw the idea of “safe bets”. Safe went out the window when you decided to gamble your money. My philosophy is, if an event has close to a 50/50 chance of happening, and the payout for the bet is better than 2 to 1 (+200), then you should take the option that has the potential to pay you more.
Take for example this past Saturdays fight, Shane Mosley vs. Antonio Margarito for the Welterweight title. Mosley was the underdog at +300, so if he wins you are getting 3 to 1 on your money. I felt this was more or less an even match up, so I bet on Mosley because the reward was greater for the amount of risk involved on betting on him. Mosley won and I got paid. If you are always betting on events that have close to an even outcome, and you are taking the side that pays you 2 to 1 (+200) or better, then on average you are going to be winning more money than you lose in the long run. With that being said…. Continue reading →
January 26, 2009
Categories: Betting, NFL, Super Bowl, Uncategorized . Tags: Anquan Boldin, Antonio, Antonio Margarito, Arizona, Arizona Cardinals, Bet, Betting, Cardinals, Edgerrin James, Gambling, Hines Ward, Larry Fitzgerald, Limus Sweed, Margarito, Mosley, Nate Washington, Pi, Pittsburgh, Pittsburgh Steelers, Santonio Holmes, Shane, Shane Mosley, Steelers, Super Bowl, Tampa Bay, welterweight . Author: Johnny 5 . Comments: 8 Comments