Terms & Conditions

Internet Magazine

Non–US new players
Get five 2+2 books


Order Books
Book Translations
Forum Login
 
 
Expand All   Collapse All

 Two Plus Two 
2+2 Magazine Forum
Special Sklansky Forum
2+2 Pokercast
About the Forums

 General Poker Discussion 
Beginners Questions
Books and Publications
Televised Poker
News, Views, and Gossip
Brick and Mortar
Home Poker
Beats, Brags, and Variance
Poker Theory
Poker Legislation

 Coaching/Training 
StoxPoker
DeucesCracked

 German Forums 
Poker Allgemein
Strategie: Holdem NL cash
Strategie: Sonstige
Internet/Online
BBV
Small Talk
German Poker News

 French Forums 
Forum francophone
Strategie
BBV (French)

 Limit Texas Hold'em 
High Stakes Limit
Medium Stakes Limit
Small Stakes Limit
Micro Stakes Limit
Mid-High Short-handed
Small Stakes Shorthanded
Limit––>NL

 PL/NL Texas Hold'em 
High Stakes
Medium Stakes
Small Stakes
Micro Stakes
Small-High Full Ring
Micro Full Ring

 Tournament Poker 
Small Stakes MTT
High Stakes MTT
MTT Community
STT Strategy
Tournament Circuit

 Other Poker 
Omaha/8
Omaha High
Stud
Heads Up Poker
Other Poker Games

 General Gambling 
Probability
Psychology
Sports Betting
Other Gambling Games
Entertainment Betting

 Internet Gambling 
Internet Gambling
Internet Bonuses
Affiliates/RakeBack
Software

 2+2 Communities 
Other Other Topics
The Lounge: Discussion+Review
El Diablo's General Discussion
BBV4Life

 Other Topics 
Golf
Sporting Events
Politics
Business, Finance, and Investing
Travel
Science, Math, and Philosophy
Health and Fitness
Student Life
Puzzles and Other Games
Video Games
Laughs or Links!
Computer Technical Help
Sponsored Support Forums
RakebackNetwork
RakeReduction.com
Other Links
Books
Authors
Abbreviations
Calendar
Order Books
Books by Others
Favorite Links
Feedback
Advertising Information
Home
Posting Hints
Privacy Notice
Forum Archives

The 2+2 Forums

Before using this Forum, please refer to the Terms and Conditions (Last modified: 2/26/2006)

Be sure to read the   Two Plus Two Internet Magazine

This is an archive. The main forums are here

These forums are read only.


 
UBB.threads™ Groupee, Inc.

General Gambling >> Sports Betting

Pages: 1 | 2 | 3 | >> (show all)
AlmightyJay
old hand


Reged: 08/16/04
Posts: 772
Loc: Boston
If I make a bet and the line later improves
      #7867285 - 10/31/06 06:47 AM

Is it wise to add additional units to the bet?

Post Extras: Print Post   Remind Me!   Notify Moderator  
Ortho
old hand


Reged: 06/20/05
Posts: 1080
Loc: Enfield TA
Re: If I make a bet and the line later improves [Re: AlmightyJay]
      #7867443 - 10/31/06 07:26 AM

It depends on (at least) 2 things imo:

1. How big your bet was as a %age of your bankroll and what your total risk would be when doubling up.
2. How much respect a market move deserves on what you are betting on. If there is lots of public money coming in on the opposite of the side you like in a huge market (say you've got Milwaukee against the Lakers) then you should be more likely to double up. If it is a smaller event, say a Scottish Second division soccer match, I would assume that someone knew something I didn't and would not only not double up but might look to hedge out of my original bet depending on the situation.

Anyway, those are the factors imo. As 1 gets smaller and the market in 2 gets bigger, I lean toward betting again.


Post Extras: Print Post   Remind Me!   Notify Moderator  
rjp
old hand


Reged: 09/07/06
Posts: 1115
Loc: Charleston, SC
Re: If I make a bet and the line later improves [Re: Ortho]
      #7868170 - 10/31/06 09:45 AM

No.

Post Extras: Print Post   Remind Me!   Notify Moderator  
Thremp
Carpal \'Tunnel


Reged: 11/27/05
Posts: 10163
Loc: Free Kyleb
Re: If I make a bet and the line later improves [Re: rjp]
      #7870597 - 10/31/06 01:33 PM

If nothing has changed and you are use Kelly betsizing you almsot always add to it.

Post Extras: Print Post   Remind Me!   Notify Moderator  
Homer
HEDGING IS -EV


Reged: 09/02/02
Posts: 13831
Loc: done
Re: If I make a bet and the line later improves [Re: Thremp]
      #7872908 - 10/31/06 04:05 PM

Quote:

If nothing has changed and you are use Kelly betsizing you almsot always add to it.




Good answer.

If you're using any sort of proportional bet sizing, you should be betting more when the line moves in your favor.


Post Extras: Print Post   Remind Me!   Notify Moderator  
AlmightyJay
old hand


Reged: 08/16/04
Posts: 772
Loc: Boston
Re: If I make a bet and the line later improves [Re: AlmightyJay]
      #7873967 - 10/31/06 05:14 PM

Thanks for the advice. In this case, I had bet 1% of my bankroll on Phoenix tonight, -4.5 -105, and this morning it had moved to -4.5 -102. But now it's irrelevant as the line is currently -4.5 -107.

Post Extras: Print Post   Remind Me!   Notify Moderator  
rjp
old hand


Reged: 09/07/06
Posts: 1115
Loc: Charleston, SC
Re: If I make a bet and the line later improves [Re: AlmightyJay]
      #7874107 - 10/31/06 05:24 PM

Even if you buy into a kelly betting system for managing your sports betting bankroll a move from -105 to -102 is hardly worth risking more money.

Post Extras: Print Post   Remind Me!   Notify Moderator  
Thremp
Carpal \'Tunnel


Reged: 11/27/05
Posts: 10163
Loc: Free Kyleb
Re: If I make a bet and the line later improves [Re: rjp]
      #7875539 - 10/31/06 07:07 PM

Quote:

Even if you buy into a kelly betting system for managing your sports betting bankroll a move from -105 to -102 is hardly worth risking more money.




?!?

Proportional edges man. I lay more on the line when my edge is bigger than when it isn't. You offer me 20-1 on a 10-1 shot. And I'm there. And with a decent chunk of change... If you up the payout to 25-1. I'll scrape up a few more dollars.


Post Extras: Print Post   Remind Me!   Notify Moderator  
rjp
old hand


Reged: 09/07/06
Posts: 1115
Loc: Charleston, SC
Re: If I make a bet and the line later improves [Re: Thremp]
      #7876503 - 10/31/06 08:28 PM

We're talking about a move from -105 to -102. That's really not worth much.

Post Extras: Print Post   Remind Me!   Notify Moderator  
Thremp
Carpal \'Tunnel


Reged: 11/27/05
Posts: 10163
Loc: Free Kyleb
Re: If I make a bet and the line later improves [Re: rjp]
      #7876710 - 10/31/06 08:46 PM

I'm seeing around a recommended 25% increase in bet size at the new level.

I'm not sure if you'd just hope the difference on or how individuals vary depending on that.

But isn't a move from -105 to -102 ~3% increase in your edge? And in sportsbetting where edges are typically under 10%. I'd say thats huge.


Post Extras: Print Post   Remind Me!   Notify Moderator  
Pages: 1 | 2 | 3 | >> (show all)



Extra information
0 registered and 10 anonymous users are browsing this forum.

Moderator:  Performify, Mike Haven 

Print Topic

Forum Permissions
      You cannot start new topics
      You cannot reply to topics
      HTML is disabled
      UBBCode is enabled

Rating:
Topic views: 1534

Rate this topic

Jump to

contact us 2+2 Publishing

Powered by UBB.threads™ 6.5.5


Message Boards and Forums Directory

Pages provided by ConJelCo