Does anyone clear a consistent profit on live-betting?

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  • ChuckyTheGoat
    BARRELED IN @ SBR!
    • 04-04-11
    • 36676

    #1
    Does anyone clear a consistent profit on live-betting?
    On a sport like Coll Bask, as an example.

    Really just a few ideas:
    1) What makes you think you can out-smart the house (who has advantage of all historical stat-testing)?
    2) (This is the big one): If the standard is 30-cent juice, -115/-115, good luck on beating that hurdle over time.

    If they wanted to post a fair line, it's 20-cent juice tops. 30-cent makes it a carnival-game.
    Where's the fuckin power box, Carol?
  • DonnieBrasco23
    SBR MVP
    • 11-06-23
    • 1136

    #2
    Chucky real chatty right now feeling good about his Medvedev bet lol.
    Comment
    • franz555
      SBR Posting Legend
      • 11-13-14
      • 10432

      #3
      I do a fair bit of live wagering but never tracked my net returns. I liken it to trading options , where you weigh the " Time value " by the " Intrinsic Value to deem whether or not there's value in doing so. Last night watching the N.Carolina / Clemson game , it was a 5 pt lead for Clemson @ the half. I took NC -1.5 @ halftime @ - 110. Similar , but rare situations in soccer where the dog has a lead at halftime. The Over 2.5 is usually still a viable option at a decent price. Its only the time value that makes it a decent price , regardless of how the game is playing out. Just my 2 cents

      Like DB , the coffee is kicking in and I'm chatty too. lol
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 60682

        #4
        I think books do well on live betting. Based on all the live bonus offers and how hard they push to get web site users across to their apps.
        .
        Comment
        • johnnyvegas13
          BARRELED IN @ SBR!
          • 05-21-15
          • 27778

          #5
          No buck books clean up on live betting esp college hoops
          Comment
          • biggie12
            SBR Posting Legend
            • 12-30-05
            • 13781

            #6
            Live wagers are better for the books. Always heavier chalk then pre game.
            Comment
            • pavyracer
              SBR Aristocracy
              • 04-12-07
              • 82478

              #7
              If you are betting the dog with live bets you can manage the risk. Like when Dolphins played Titans a few weeks back. I bet Titans when they were down 2 TDs as Miami looked awful the whole night and Tua was all over the place. Best case scenario I win +1200. Worst case scenario I lost $100. Guess what happened?
              Comment
              • ChuckyTheGoat
                BARRELED IN @ SBR!
                • 04-04-11
                • 36676

                #8
                Originally posted by biggie12
                Live wagers are better for the books. Always heavier chalk then pre game.
                Thx, big. Yes, that's what I think. Live-betting is a parlor-trick.
                Where's the fuckin power box, Carol?
                Comment
                • Thefix13
                  SBR Wise Guy
                  • 05-14-21
                  • 664

                  #9
                  Live-betting basketball is akin to burning money on your front lawn.
                  Comment
                  • lakerboy
                    SBR Aristocracy
                    • 04-02-09
                    • 94363

                    #10
                    D2bets wins. He says it's easy.
                    Comment
                    • pavyracer
                      SBR Aristocracy
                      • 04-12-07
                      • 82478

                      #11
                      Originally posted by lakerboy
                      D2bets wins. He says it's easy.
                      I saw that post too. Everyone has their style I guess. Never seen him post a live bet here but if he is exploiting weakness then he shouldn't be advertising it.
                      Comment
                      • Madison
                        SBR Hall of Famer
                        • 09-16-11
                        • 6362

                        #12
                        My betting circle (3 experienced) keeps telling me I'm missing the opp of my lifetime. Not up for it at my age. BOL to all who do , and please share your best.

                        Live betting.
                        Last edited by Madison; 01-28-24, 01:17 PM.
                        Comment
                        • ThaTopMoron
                          BARRELED IN @ SBR!
                          • 04-30-10
                          • 27017

                          #13
                          sometimes nba games that have totals around 240-245 have 3 high scoring quarters and the live o/u gets to 280 and that is when you should take a shot at a live under because more times than not, the 4th is where these dudes slow down and legs go and bricks start to fly from 3

                          if it's a closer game that helps... just pray for no overtime

                          even that can burn you though... like mavs/hawks ended up with all star game total 290 but that was two teams that both desperately needed a win so they fought to the very end by playing zero defense

                          suns/pacers other night a better example... ended in 260s but live total went to 280+
                          Last edited by ThaTopMoron; 01-28-24, 07:02 PM.
                          Comment
                          • asiagambler
                            SBR Hall of Famer
                            • 07-23-17
                            • 6831

                            #14
                            Yep
                            Comment
                            • biggie12
                              SBR Posting Legend
                              • 12-30-05
                              • 13781

                              #15
                              Originally posted by ChuckyTheGoat
                              Thx, big. Yes, that's what I think. Live-betting is a parlor-trick.
                              You also never get the live odds unless game is on tv timeout or comerical there is always a 12 sec delay between submitting wager. When people start winning the delay gets longer.
                              Comment
                              • bjb7223
                                SBR Posting Legend
                                • 11-03-12
                                • 10347

                                #16
                                Originally posted by lakerboy
                                D2bets wins. He says it's easy.
                                probably betting tennis
                                Comment
                                • k13
                                  SBR Posting Legend
                                  • 07-16-10
                                  • 18053

                                  #17
                                  Live betting is great.
                                  When teams like Real Madrid get behind you get great lines.
                                  Since the games are fixed they usually come back easily.
                                  Comment
                                  • lakerboy
                                    SBR Aristocracy
                                    • 04-02-09
                                    • 94363

                                    #18
                                    Originally posted by k13
                                    Live betting is great.
                                    When teams like Real Madrid get behind you get great lines.
                                    Since the games are fixed they usually come back easily.
                                    Every chalk wins in 90+ time. It's funny
                                    Comment
                                    • k13
                                      SBR Posting Legend
                                      • 07-16-10
                                      • 18053

                                      #19
                                      Originally posted by lakerboy
                                      Every chalk wins in 90+ time. It's funny
                                      Yeah they just give them 10-15 minutes in ET.
                                      Play till they score.
                                      Comment
                                      • bjb7223
                                        SBR Posting Legend
                                        • 11-03-12
                                        • 10347

                                        #20
                                        Originally posted by k13
                                        Live betting is great.
                                        When teams like Real Madrid get behind you get great lines.
                                        Since the games are fixed they usually come back easily.
                                        Liverpool is great for this. Went 0-1 down 8 games already this season and won them all.
                                        Comment
                                        • Madison
                                          SBR Hall of Famer
                                          • 09-16-11
                                          • 6362

                                          #21
                                          Originally posted by biggie12
                                          You also never get the live odds unless game is on tv timeout or comerical there is always a 12 sec delay between submitting wager. When people start winning the delay gets longer.
                                          I think we could start an entire thread about the timing of Live bets. It intrigues me as to how quickly the sites and adjust, and can we out time the machines. They have to be pre-programmed??
                                          Comment
                                          • Madison
                                            SBR Hall of Famer
                                            • 09-16-11
                                            • 6362

                                            #22
                                            Originally posted by ThaTopMoron
                                            sometimes nba games that have totals around 240-245 have 3 high scoring quarters and the live o/u gets to 280 and that is when you should take a shot at a live under because more times than not, the 4th is where these dudes slow down and legs go and bricks start to fly from 3

                                            if it's a closer game that helps... just pray for no overtime

                                            even that can burn you though... like mavs/hawks ended up with all star game total 290 but that was two teams that both desperately needed a win so they fought to the very end by playing zero defense

                                            suns/pacers other night a better example... ended in 260s but live total went to 280+
                                            7-8 years ago I did quite well betting Saturday NCAABB 11am games (adjust for time zones). The angle was college dudes coming off Friday night FK/whatever. I did well early on but seemed the books caught on? Especially FH.
                                            Comment
                                            • bhoor
                                              SBR MVP
                                              • 12-17-12
                                              • 2256

                                              #23
                                              For live betting, I would recommend bet365. For some reasons, Pinnacle did not offer me any lines on the NHL games when I had one of those games as my last leg of parlay or single game bet, for example, I bet $50 on 4-game parlay giving about $850 and Montreal was last leg of parlay, going into OT few days against Pittsburgh. Pinny did not offer me any lines for OT NHL hockey. Yes, Penquins won it in the OT and I lost the bet. Meantime, bet365 offers cash out most of the time. Pinny used to be go-to-book for many yrs. Now, I found Bet365 is good for certain bets.
                                              Comment
                                              • Madison
                                                SBR Hall of Famer
                                                • 09-16-11
                                                • 6362

                                                #24
                                                Originally posted by franz555
                                                I do a fair bit of live wagering but never tracked my net returns. I liken it to trading options , where you weigh the " Time value " by the " Intrinsic Value to deem whether or not there's value in doing so. Last night watching the N.Carolina / Clemson game , it was a 5 pt lead for Clemson @ the half. I took NC -1.5 @ halftime @ - 110. Similar , but rare situations in soccer where the dog has a lead at halftime. The Over 2.5 is usually still a viable option at a decent price. Its only the time value that makes it a decent price , regardless of how the game is playing out. Just my 2 cents

                                                Like DB , the coffee is kicking in and I'm chatty too. lol
                                                No issues here. Would love to hear more. This definitely seems like a science and somewhat correlated to options trading but in a tighter window.

                                                Just trying to learn here. Old but not dead yet!!!
                                                Comment
                                                • Madison
                                                  SBR Hall of Famer
                                                  • 09-16-11
                                                  • 6362

                                                  #25
                                                  Originally posted by bjb7223
                                                  Liverpool is great for this. Went 0-1 down 8 games already this season and won them all.
                                                  I know squat about soccer, but certainly gets my attention.
                                                  Comment
                                                  • Madison
                                                    SBR Hall of Famer
                                                    • 09-16-11
                                                    • 6362

                                                    #26
                                                    Originally posted by bhoor
                                                    For live betting, I would recommend bet365. For some reasons, Pinnacle did not offer me any lines on the NHL games when I had one of those games as my last leg of parlay or single game bet, for example, I bet $50 on 4-game parlay giving about $850 and Montreal was last leg of parlay, going into OT few days against Pittsburgh. Pinny did not offer me any lines for OT NHL hockey. Yes, Penquins won it in the OT and I lost the bet. Meantime, bet365 offers cash out most of the time. Pinny used to be go-to-book for many yrs. Now, I found Bet365 is good for certain bets.
                                                    I think the message I'm learning here is that where you play and what they offer is real important.
                                                    Comment
                                                    • bhoor
                                                      SBR MVP
                                                      • 12-17-12
                                                      • 2256

                                                      #27
                                                      Betting lesser known NCAA games on the live betting is really good. Books have not much edge on the lesser known NCAA games. Whatever early swing you can take advantage of it, if you're into gematria or other independent edge you have.
                                                      Comment
                                                      • Madison
                                                        SBR Hall of Famer
                                                        • 09-16-11
                                                        • 6362

                                                        #28
                                                        Originally posted by bhoor
                                                        Betting lesser known NCAA games on the live betting is really good. Books have not much edge on the lesser known NCAA games. Whatever early swing you can take advantage of it, if you're into gematria or other independent edge you have.
                                                        I couldn't agree more based on ancient history. There was a day when I was sharp, and betting IVY league football was akin to stealing money.
                                                        Comment
                                                        • ChuckyTheGoat
                                                          BARRELED IN @ SBR!
                                                          • 04-04-11
                                                          • 36676

                                                          #29
                                                          Originally posted by Madison
                                                          I couldn't agree more based on ancient history. There was a day when I was sharp, and betting IVY league football was akin to stealing money.
                                                          Used to hear some good stories on Ivy betting for Coll FB/Bask.

                                                          Heard a story about the team's center (from Brown??) walking around campus on crutches. But that injury information wasn't in the line. Big fish in a small pond.
                                                          Where's the fuckin power box, Carol?
                                                          Comment
                                                          • bhoor
                                                            SBR MVP
                                                            • 12-17-12
                                                            • 2256

                                                            #30
                                                            For example, take two games ( Temple/East Carolina and SMU/Wichita st) from yesterday's slate. Temple should have been more than +6.5 against EC, while SMU's line was somewhat fine. Given the way books threw the lines, it was obvious that Temple and Wichita st would cover.
                                                            Comment
                                                            • biggie12
                                                              SBR Posting Legend
                                                              • 12-30-05
                                                              • 13781

                                                              #31
                                                              Bet365 is the best if your a sqaure. As soon they realize ur betting into soft lines especially live u are booted.
                                                              Comment
                                                              • biggie12
                                                                SBR Posting Legend
                                                                • 12-30-05
                                                                • 13781

                                                                #32
                                                                Originally posted by Madison
                                                                I think we could start an entire thread about the timing of Live bets. It intrigues me as to how quickly the sites and adjust, and can we out time the machines. They have to be pre-programmed??
                                                                i am talking about the time in which bets are accepted. You have to assume a 7-8 second delay on real-time to begin with.
                                                                Comment
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