Yes
The absolute maximum one would want to lay in terms of "total cents" is 25 cents..............laying a total of 30 cents in your example would equate to one hoping this game lands on the number "7" at least 7.5% of the time in the longrun, not probable.
Laying -110 on both sides(a total of 20 cents combined), equates to one only having to hit the number one in 20 times(5%) to make it a breakeven play at worst longterm............. I'm positive the chances of this game landing on "7" are greater then 5%(but less than 7.5% as mentioned earlier).
Again, in my opinion, the absolute maximum one should be willing to risk in this scenario is around 25 cents combined on both sides(meaning the game would have to land on 7 at least 6.26% of the time for a +EV play, which in my opinion is about the maximum percentage one should expect from this type of middle.
Didn't know that, and I'm surprised by it. Is it just because most people bet too many games?You are right, the books get killed...but just for one day...
You will NEVER, EVER hurt the top tier books like Pinny, CRIS, and Olympic...
They would swallow their loss and come back stronger than ever for March Madness...
Did you know that most books do better on March Madness than the first week of Football for new accounts?
How do u justify betting Steelers -6.5, Cards +7.5. I know u can get a good reward for no risk, but really what r the chances the game lands on exactly 7. Is it even worth the vig for such a longshot?
Yes
The absolute maximum one would want to lay in terms of "total cents" is 25 cents..............laying a total of 30 cents in your example would equate to one hoping this game lands on the number "7" at least 7.5% of the time in the longrun, not probable.
Laying -110 on both sides(a total of 20 cents combined), equates to one only having to hit the number one in 20 times(5%) to make it a breakeven play at worst longterm............. I'm positive the chances of this game landing on "7" are greater then 5%(but less than 7.5% as mentioned earlier).
Again, in my opinion, the absolute maximum one should be willing to risk in this scenario is around 25 cents combined on both sides(meaning the game would have to land on 7 at least 6.26% of the time for a +EV play, which in my opinion is about the maximum percentage one should expect from this type of middle.