View New Posts
  1. #1

    Default Which is better less juice or 1/2 point

    Which would you guys play a -7 -110 or a -7.5 +100.
    Sometimes on Matcbook they have some weird lines with hardly any juice, but the line is usually 1/2 worse than everywhere else. I was wondering which is a better deal in the long run. I was thinking take the 1/2 point because you don't pay any juice unless you win. What do you experts out there think?

  2. #2

  3. #3

    Default

    i'm no expert, but IMO, i would take -7 at -110.

  4. #4

  5. #5

    Default

    I wasn't referring to buying a point just sometimes the various books will have lines like I stated with diffrent juice amounts. Sometimes you get beat by 1/2, the booking system is set up using -110. So if one book has it listed a 1/2 POINT WORSE, but with less juice what would you do?

  6. #6

    Default

    Quote Originally Posted by eyeball View Post
    Which would you guys play a -7 -110 or a -7.5 +100.
    Sometimes on Matcbook they have some weird lines with hardly any juice, but the line is usually 1/2 worse than everywhere else. I was wondering which is a better deal in the long run. I was thinking take the 1/2 point because you don't pay any juice unless you win. What do you experts out there think?
    I always prefer a juiced winning bet rather than a non-juiced losing bet.

  7. #7

    Default

    Given the choice between getting points or giving up juice, I would almost always take the points. I would rather have a win at -110 than a loss at +100. Ganch be dammed. (Because I figure he will post a three page college course on some obscure probability and statistics formula that no one will understand).

  8. #8
    20Four7's Avatar Become A Pro!
    Join Date: 04-08-07
    Posts: 6,496
    SBR Points: 2070
    Message Me

    Default

    The Ganchulator will tell you which is better but I have to have a damned good reason to give 7 1/2. Much the same as I need a Damned good reason to only get 6 1/2. I like houston today and bought to 7 1/2 even tho I think they will win outright. I have them 6 points better in my handicapping.

  9. #9

    Default

    In this example -7 -110 is better.

  10. #10
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by eyeball View Post
    Which would you guys play a -7 -110 or a -7.5 +100.
    Sometimes on Matcbook they have some weird lines with hardly any juice, but the line is usually 1/2 worse than everywhere else. I was wondering which is a better deal in the long run. I was thinking take the 1/2 point because you don't pay any juice unless you win. What do you experts out there think?
    Using my half-point calculator:

    1. Set the spread to 7 in the above portion of the calculator
    2. Set both the fave and dog prices to -110, also in the above portion of the calculator
    3. In the bottom portion of the calculator, next to a spread of 7.5, set the fave price to +100.
    4. the fave edge next to a spread and price of -7 -110 is -4.5%
    5. the fave edge next to a spread and price of -7.5 +100 is -5.7%
    Hence, the -7 -110 is superior to the -7.5 +100.

    SBR Founder Join Date: 8/28/2005


  11. #11

    Default

    Thanks man I got it..I didn't know how to use the 1/2 point calculator before

  12. #12

    Default

    Ganch is leaving out one small fact. The number of times you will lose if you have -7.5 because of the number of games that are decided by 7 points. The "value" of a 1/2 point is very different when that 1/2 point is the difference between a loss and a push on a danger number like 7 or 3.

  13. #13

    Default

    Buying 1/2 poiunts is one of the biggest sucker bets in the world next to the parlay bet.

    SBR Founder Join Date: 7/20/2005


  14. #14
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by curious View Post
    Ganch is leaving out one small fact. The number of times you will lose if you have -7.5 because of the number of games that are decided by 7 points. The "value" of a 1/2 point is very different when that 1/2 point is the difference between a loss and a push on a danger number like 7 or 3.
    No. It does take that into account. That's the whole point of the calculator -- determining the value of different half-points based upon the likelihood of the associated numbers coming up.

    In the above example we'd expect the spread to push on the spread of 7 with probability 5.7%, win with probability of about 50%-5.7%/2 = 47.15%, and lose with probability of about 47.15%. impliesa net win probability (i.e., ignoring pushes) of 47.15% / (47.15%+47.15%) = 50%. So at odds of -110, this corresponds to an expectation of about 50% × (1+100/110) - 1 = -4.5%.

    By buying the, 7, we'd turn all our pushes into losses, while leaving our wins unchanged. This gives us a win probability of the same 47.15% but a loss probability of about 47.15%+5.7% = 52.85%. At odds of +100, this corresponds to an expectation of about 47.15%*2 - 1 = -5.7%.

    So based upon the above, the -7 -110 would be preferable to the -7.5 +100.

    SBR Founder Join Date: 8/28/2005


  15. #15
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by jjgold View Post
    Buying 1/2 poiunts is one of the biggest sucker bets in the world next to the parlay bet.
    Anyone who generalizes is making a huge mistake.

    SBR Founder Join Date: 8/28/2005


  16. #16

    Default

    Ganch,
    I am having trouble locating the 1/2 point calculator on the web site. Is it in this forum section, or on the SBR Odds. Because it is not listed in the tools or calculator section.

  17. #17
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by eyeball View Post
    Ganch,
    I am having trouble locating the 1/2 point calculator on the web site. Is it in this forum section, or on the SBR Odds. Because it is not listed in the tools or calculator section.
    Click "Tools" above (from the forum), taking you to http://www.sbrforum.com/Betting+Tools/Home.aspx. Then click on the half-point calculator.

    SBR Founder Join Date: 8/28/2005


  18. #18

    Default It Works

    Tht calculator is great, I tried it with a few spreads, it really tells you when to shop for a 1/2 point or not.

  19. #19

    Default

    Quote Originally Posted by eyeball View Post
    Tht calculator is great,
    ALL Ganchrow's betting tools are very useful.

    SBR Founder Join Date: 8/10/2005


  20. #20

    Default

    Quote Originally Posted by Ganchrow View Post
    No. It does take that into account. That's the whole point of the calculator -- determining the value of different half-points based upon the likelihood of the associated numbers coming up.

    In the above example we'd expect the spread to push on the spread of 7 with probability 5.7%, win with probability of about 50%-5.7%/2 = 47.15%, and lose with probability of about 47.15%. impliesa net win probability (i.e., ignoring pushes) of 47.15% / (47.15%+47.15%) = 50%. So at odds of -110, this corresponds to an expectation of about 50% × (1+100/110) - 1 = -4.5%.

    By buying the, 7, we'd turn all our pushes into losses, while leaving our wins unchanged. This gives us a win probability of the same 47.15% but a loss probability of about 47.15%+5.7% = 52.85%. At odds of +100, this corresponds to an expectation of about 47.15%*2 - 1 = -5.7%.

    So based upon the above, the -7 -110 would be preferable to the -7.5 +100.
    Well, I talked to you about this before and you said that I didn't understand the probability of a push for a given total chart and it had no bearing on whether you should buy a 1/2 point or not and you argued with me that a 1/2 point should never be bought to get off of danger numbers. So I guess I am confused as to what you really believe.

  21. #21
    durito's Avatar SBR PRO
    Join Date: 07-03-06
    Posts: 13,088
    Message Me

    Default

    Quote Originally Posted by curious View Post
    Well, I talked to you about this before and you said that I didn't understand the probability of a push for a given total chart and it had no bearing on whether you should buy a 1/2 point or not and you argued with me that a 1/2 point should never be bought to get off of danger numbers. So I guess I am confused as to what you really believe.

  22. #22
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by curious View Post
    You said that ... [the push probability chart] had no bearing on whether you should buy a 1/2 point or not and you argued with me that a 1/2 point should never be bought to get off of danger numbers.
    You must have misunderstood me. I wouldn't have said that.

    SBR Founder Join Date: 8/28/2005


  23. #23

    Default

    As a rule of thumb, buy on/off and even through 3 (if the price is right), buy on/off 7, and buy on/off the total 37. This is for the NFL and based on the math in 'Win More, Lose Less'. Things are different in college; easier to find middles around big spreads like 17.

    SBR Founder Join Date: 12/14/2005


  24. #24
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by Dark Horse View Post
    As a rule of thumb, buy on/off and even through 3 (if the price is right), buy on/off 7, and buy on/off the total 37. This is for the NFL and based on the math in 'Win More, Lose Less'. Things are different in college; easier to find middles around big spreads like 17.
    Obviously it depends on how much they're charging you. That where the half-point calculator comes in handy.

    SBR Founder Join Date: 8/28/2005


  25. #25

    Default

    Is there any chance an addition of football 1st and 2nd halves and/or NHL totals to the half point calculator is in the works? If not, is there a rough manual way to calculate these? The tools are amazing and I thank you for providing them.

  26. #26
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by crysbreeze View Post
    Is there any chance an addition of football 1st and 2nd halves and/or NHL totals to the half point calculator is in the works? If not, is there a rough manual way to calculate these? The tools are amazing and I thank you for providing them.
    The problem with the NHL is that the rules changes a couple years back have rendered earlier scoring data virtually useless in predicting push likelihoods. That said, I do know of a particularly sharp SBR poster who's been looking at this, and so maybe we'll be able to come up with something.

    As far as 1st and 2nd half numbers go I simply lack sufficient clean data. If anyone happens to know of a good source, I'd certainly look into it.

    SBR Founder Join Date: 8/28/2005


  27. #27

    Default

    Quote Originally Posted by Ganchrow View Post
    The problem with the NHL is that the rules changes a couple years back have rendered earlier scoring data virtually useless in predicting push likelihoods
    Tell me about it Ganchrow.

    SBR Founder Join Date: 8/10/2005


  28. #28

    Default Am I missing something??

    Ok, I know all the Pro's like the Coach say never buy a 1/2 point. But I used the 1/2 point calculator

    NFl spread at -3 -110 -4.55%

    NFL spread at -2.5 -120 +.64 %

    So if the expectation is a higher % than why not. Can any of the expirenced guys explain this.

  29. #29
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by eyeball View Post
    Ok, I know all the Pro's like the Coach say never buy a 1/2 point. But I used the 1/2 point calculator

    NFl spread at -3 -110 -4.55%

    NFL spread at -2.5 -120 +.64 %

    So if the expectation is a higher % than why not. Can any of the expirenced guys explain this.
    1. Never take anything "the Coach" says seriously. Ever.
    2. Anyone who would tell you never to buy a half-point is being exceedingly foolish. Same goes for someone who would tell you always to buy a half-point. Like any any asset, you buy when the price is sufficiently low and sell when it's sufficiently high.
    3. Good luck finding a reputable book that allows you to buy on or off the NFL 3-point for a dime.

    SBR Founder Join Date: 8/28/2005


  30. #30

    Default

    Quote Originally Posted by idontlikerocks View Post
    may as well buy another half -6 1/2
    I agree..

Top