Quote:
Originally Posted by TheGambler
Does anyone subscribe to Phil Steele's Power Sweep newsletter? My buddy swears by this newsletter and said that it has been doing well this year. I am in agreement with most of you here that touts are worthless. I'm trying to convince him not to be pursuaded by the *rated picks but he thinks i'm crazy. Personally, I like to do my own handicapping for the big 12 mainly. I just want to show him that the majority of handicappers do not rely on a tout. He said that this weekend was Phil Steele's big 5* weekend but I haven't even asked him who this big play is. I'm guessing it's a Washington or a Tennessee. I would be curious if anyone else has this pick so I can compare it with his pick to see if Phil Steele gives out different information to his clients. I will ask him tomorrow who the big 5* is. Good luck to everyone tomorrow.
|
I don't know anything about Phil Steele, so the following is giving my experience with a pick service that uses weighted plays, we call them stars, I have seen others who use *. So, what I am about to say is not an endorsement of PHil Steele as I have no experience with Mr. Steele.
I follow a pick service that gives out weighted plays, they call them stars, from 5 to 100 stars. Following this service, I have multiplied my bank by 15, and I started the first week after the all star break. This pick service gives out baseball, NFL, CFL, and college football picks. I also do my own handicapping, and I religiously follow trifectabx's OVER/UNDER edge plays in the baseball handicapping area of this forum.
I find using a weighting for games which have a greater E.V. (Expected Value) is far superior to flat betting, IF you know what the E.V. (Expected Value) is. To make a blanket statement that using weighted plays (whether you use * or stars or whatever) is not "good" is not true. It all depends on the pick service. I joined the pick service I follow after I heard about them from someone I trust and I checked out their results for the last five years. I'm not touting them here, so I won't give out a link. I'm just saying that weighted plays are better than flat betting if you know what the Expected Value of the play is and the weighting reflects the higher Expected Value. From my experience the pick service I follow loses very few 50, 100, or 200 star plays. I think we have lost 3 this season (remember I joined at the all star break). Our minimum bet is 5 stars, I would say the "average" bet is probably 20 stars, maybe 15 stars. Each bettor is given a $ amount per star to use based on the size of their bank. I know people who use $5 a star and I know other people who use $100 per star.
One thing that I like about this service is that they help their clients with money management. They tell you what $ amount to use per star based on the size of your bank and they get mad at you if you overbet your bank. They have yelled at me for overbetting my bank, even on days when we won. LOL.
I don't want to post a link here so that I am not accused of being a shill for this service. But, anyone is free to PM me.