A few interesting things I heard at the Vegas Insider football seminar

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Rx Wizard
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Went to some of this throughout the past weekend. Wrote a few athings down I liked. Would like to hear what others think about them. The panel consisted of some very knowledgeable cappers, touts, math types and others in the gaming industry.

Here is a fewn things:

"become an expert on totals" : these speakers all felt totals were way easier to beat then sides. They said most people dont want to mess with totals but that is were thet find the most value.

"find teams that are totals trending ealry in the year and jump on it before everyone else realizes it": good example they talked about was how last year the Cleveland Browns had some high scoring games early in the year and you just knew right away they werent the same Browns teams of the past.

"pre season NFL football is easy to beat" : follow the sharp money and you will win. preseason NFL is way easier to beat then NFL regular season because of the better information that the sharps are able to uncover, where as in the regualr season NFL everyone has the same info.

"the public puts way too much information on last weeks results in the NFL": this has been my #1 rule of thumb in the NFL for years. I sometimes believe you could win if expect the opposite from a team than the way it performed a week earlier. Also created big value.

"Nowadays the whole bet dogs late, favorites early theory is crap": this is something I fall into the trap of. A few guys talked about the last few years this has been the complete opposite. The old days it was if you like a favorite a lot you bet them early in the week but now they say there were a ton of times last year in the NFL when you should bet the favorite as late as you can as the number will keep going down right until kickoff.

"only 2-3 team parlays are beatable": if you do the math they pay right (in fact 3 team parlays pay better than straight wagers, barely). Anything with 4 teams or higher is a huge edge to the books.

"one guy quoted the head of LVSC (the people who set the line) and he said with every sport the line is set to beat the sharps, PEORID except the NFL which has huge square action": thought this was interesting. I guess that means the sqaure money out numbers the sharp money enough that the books will set there lines knowing this.

"moneylines are overbet and aren't woth it with anything over a spread of 4 points": they say this is the case due to huge juice spread you pay. I guess you run into too many -300/+250 and they claim these are too hard to beat.

There was a ton more said but this is just a smattering of what I wrote down and heard. Thinking about going to this next year. There was a ton of information to gain. I highly recommend it. Everyone gave out a ton of plays for week 1 and season win totals.
 

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"the public puts way too much information on last weeks results in the NFL": this has been my #1 rule of thumb in the NFL for years. I sometimes believe you could win if expect the opposite from a team than the way it performed a week earlier. Also created big value.


Very well said
 

Rx. Senior
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Was the entire focus just on NFL and football? Seems like if they were really sharp, they would be focusing on more obscure stuff and weaker lines, no?
 

Rx Wizard
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Was the entire focus just on NFL and football? Seems like if they were really sharp, they would be focusing on more obscure stuff and weaker lines, no?


No they broke it off nto different segments. On saturday it was more of a CFB thing (which doesnt interest me much) and Sunday the focus was mainly the NFL but they did talk some CFB also.

You hit on a good point with obscure lines. A few talked about how they feel they have huge edges with add on games.

maybe someone else can add more to this if they were there. Total time wise I was there for about 33% of it.
 

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"only 2-3 team parlays are beatable": if you do the math they pay right (in fact 3 team parlays pay better than straight wagers, barely). Anything with 4 teams or higher is a huge edge to the books.

Would you explain this please? Don't 3 teamers pay 6:1?
 

Rx Wizard
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Would you explain this please? Don't 3 teamers pay 6:1?

I think he meant if you found a 7-1 payoff or maybe cause of the stale numbers. I just remember in the example he was saying something like betting straight would payoff $697 and the parlay would be $700, so you would make an extra $3. So if that is the case maybe it has to with a card that pays 7-1, which I am not sure you can find. Maybe a better math can help me here.
 

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I think he meant if you found a 7-1 payoff or maybe cause of the stale numbers. I just remember in the example he was saying something like betting straight would payoff $697 and the parlay would be $700, so you would make an extra $3. So if that is the case maybe it has to with a card that pays 7-1, which I am not sure you can find. Maybe a better math can help me here.

The most common 3-team parlay payout at sportsbooks is +600. This is equivalent to between -109 and -110 if you broke it up and bet those plays as three straight bets.
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By comparison, the most common 2-team parlay payout at sportsbooks is +260. This is equivalent to right around -111 as two straight bets.
 

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Nice info....I love the totals comment and agree, although your buddy -FH- curses me everytime I tell him I bet a total!
 

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"pre season NFL football is easy to beat" : follow the sharp money and you will win. preseason NFL is way easier to beat then NFL regular season because of the better information that the sharps are able to uncover, where as in the regualr season NFL everyone has the same info.

i could guarantee the so called sharps are not beating the preseason so far, move have been horrible.
 
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Ice...sounded like a good time and a wealth of great info...about time those "experts" got together and exchanged some good ideas...
 
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"pre season NFL football is easy to beat" : follow the sharp money and you will win. preseason NFL is way easier to beat then NFL regular season because of the better information that the sharps are able to uncover, where as in the regualr season NFL everyone has the same info.

i could guarantee the so called sharps are not beating the preseason so far, move have been horrible.

I concur Lap...sharps and squares getting waxed in the preseason...Football is the toughest pro game to beat, along with those 3 way soccer lines...
 

Rx Wizard
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I am quoting Fezzik who is a well known professional bettor around town and by far the best speaker at the seminar (IMO). I have heard him say this all the time about pre season football and he said it at this seminar. Here is a thread from him a week and a half ago from another forum ( it is a private site so I pulled the link)
 
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I would love to see these kinds of seminars at future bashes.
 
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"pre season NFL football is easy to beat" : follow the sharp money and you will win. preseason NFL is way easier to beat then NFL regular season because of the better information that the sharps are able to uncover, where as in the regualr season NFL everyone has the same info.

i could guarantee the so called sharps are not beating the preseason so far, move have been horrible.

Horrible is an understatement-at least this pre-season. I tend to agree with them about there being more info available in pre-season, but does that really mean that it's info that's not already factored into the line? I don't think so.
 

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