Your weekly installment of college football gambling gone mainstream media on Fox Sports Live. If you haven’t been tuning in on Friday nights for Let it Ride, be sure to set those DVR’s moving forward. Looking for an odds app for your iphone? Click here to check out the best in the business for all budgets. Part 1 Part...
OTL Podcast
posted by Todd
It’s podcast time and this week it got personal. I apologize to any fans, gamblers, or any of Drew Collins’ family members who may have had their feelings hurt in the production of this week’s...
3HL – Nashville...
posted by Todd
College football, baseball (bit obsolete), and NFL talk for another busy upcoming fall weekend. Leave it to Brent, Blaine, and Clay to keep me guessing throughout the segment Click here to...
Balanced Books
posted by Todd
They say if one person has a question, there’s a good chance others are thinking the exact same thing. I’m amazed at the depth of discussion that comes my way on twitter which speaks to the advanced betting IQ of modern day sports bettors. I wish I had time to field more in depth questions in real time but should they ever arise, definitely feel free to send them here and I’ll do my best to answer them. “Tweetydimes @tweetydimes Just curious Mr Fuhrman @ToddFuhrman , is there any truth to it that linesmakers main objective is to draw even money,. or is it a myth ?” This is a question I get more often than any other about our industry and the simple answer is yes, books would love nothing more than to have unlimited volumes and simply collect the juice on a perfectly balanced book. However in actual practice this is a virtual impossibility for almost every book on the planet meaning the lines you see on the betting board don’t and won’t attract split action. Books here in the state of Nevada just don’t get enough volume to take roughly 5% on every game and still turn a healthy annual profit. Why 5% not 10% you ask? 55,000 risked to win 50,000 on Panthers -6 and 55,000 risked to win 50,000 on Tampa +6 means the house nets out making 5k from a total of 110,000 in risk. The equation then looks like this: 5,000 (Win) / 110,000 (Handle) yields 4.5% for the house. Good oddsmakers are taught to recognize their advantaged players, using them to the book’s benefit as “consultants” for shaping the market offering lower stake factors (limits) to them than they would the typical recreational bettor. Every dollar isn’t created equally so it’s...
2014 World Series Odds...
posted by Todd
All odds courtesy of the LVH 2014 WORLD SERIES DODGERS 5 TIGERS 8 NATIONALS 8 CARDINALS 10 RED SOX 12 ANGELS 14 REDS 14 YANKEES 16 RANGERS 14 A’S 14 BRAVES 16 RAYS 18 GIANTS 20 INDIANS 25 PIRATES 25 PHILLIES 40 ORIOLES 25 ROYALS 30 BLUE JAYS 40 PADRES 60 DIAMONDBACKS 40 BREWERS 60 MARINERS 60 ROCKIES 60 CUBS 50 WHITE SOX 40 METS 100 MARLINS 100 TWINS 100 ASTROS 200 2014 NATIONAL LEAGUE PENNANT DODGERS 11-5 NATIONALS 7-2 CARDINALS 5 REDS 7 BRAVES 8 GIANTS 9 PIRATES 12 PHILLIES 20 PADRES 30 DIAMONDBACKS 20 BREWERS 30 ROCKIES 30 CUBS 25 METS 50 MARLINS 50 2014 AMERICAN LEAGUE PENNANT TIGERS 7-2 RED SOX 11-2 ANGELS 13-2 YANKEES 8 RANGERS 13-2 A’S 13-2 RAYS 8 INDIANS 11 ORIOLES 11 ROYALS 14 BLUE JAYS 20 MARINERS 30 WHITE SOX 20 TWINS 50 ASTROS...
Let It Ride
posted by Todd
Your weekly look at college football gamblin from a main stream perspective. I’m not sure Andy Roddick’s getting Wally Pipped but I mean there’s always a chance when Charissa steps in to...
Odds to Win
posted by Todd
2014 WORLD CUP VARIOUS LOCATIONS THROUGHOUT BRAZIL JUNE 12 – JULY 13, 2014 All odds courtesy of LVH ODDS TO WIN: BRAZIL 11-4 ARGENTINA 9-2 SPAIN 5-1 GERMANY 9-2 NETHERLANDS 15-1 ITALY 15-1 ENGLAND 25-1 FRANCE 30-1 PORTUGAL 40-1 URUGUAY 25-1 CHILE 50-1 USA 50-1 MEXICO 60-1 IVORY COAST 125-1 RUSSIA 50-1 CROATIA 100-1 GHANA 100-1 SWEDEN 150-1 ECUADOR 100-1 CAMEROON 300-1 UKRAINE 200-1 COLOMBIA 25-1 JAPAN 150-1 AUSTRALIA 300-1 NIGERIA 200-1 SOUTH KOREA 250-1 EGYPT 5000-1 BOSNIA-HERZEGOVINA 125-1 SWITZERLAND 150-1 GREECE 300-1 ROMANIA 500-1 SENEGAL 1000-1 ALGERIA 1000-1 BELGIUM 12-1 COSTA RICA 500-1 IRAN 2000-1 HONDURAS 1500-1 NEW ZEALAND 2500-1 ICELAND 2000-1 BURKINA FASO 1000-1 JORDAN 5000-1 ETHIOPIA 5000-1 *ALL BETS ARE ACTION DESPITE NOT...
Gambler’s Ruin
posted by Todd
The casino billboards lining America’s roadways tantalize with the lure of riches. “Easy Street. It’s Only a Play Away,” screams one in Arizona. “$7.1 Million Every Day. We’re a Payout Machine,” reads another. But how often do gamblers really win? What are the chances that a gambler will win on a single day or over a longer period? Don’t bother to ask the casinos. Although they gather vast quantities of data about their customers for marketing purposes, including win and loss tallies for many regulars, casinos keep such information a closely-guarded secret. Click here to read full article Todd’s Take: There’s no disputing the addictive nature of gambling if you don’t take control of it. Even in sports where most of us think the individual has total control over his behavior, there is a compulsive element that some just can’t handle. Casino gambling is a sure fire way to erode your bankroll over time and should be viewed as a form of entertainment not revenue generating potential. The math behind every single casino game eventually leads to gamblers ruin meaning the longer you stay in action the more likely you are to have nothing left unless you’re cheating. Short term wins are highly plausible, they keep people coming back to the casino. However the longer you stay in a seat the possibility of walking away a winner diminishes exponentially and it’s why every casino strives to impose length of play requirements on their customers before issuing lucrative discounts and comps. The shelf life for a whale (ultra high end gambler) is typically 5-7 years and after that point the bankroll just can’t withstand a beating. Sports are a slightly different animal than trying to beat the casino. Information, numbers, and an optimized bankroll can...
Market Efficiency
posted by Todd
There a number of parallels between understanding the financial markets and what works as a sports bettor. When you can recognize inefficiency as a bettor, that’s a sure fire sign it’s time to jump in with both feet and invest. Please ignore the way I’m dressed and listen for the message at hand…modeling was never in the cards for me...
Week in Radio
posted by Todd
Where did we go right (and wrong) this week in our analysis? All the media spots you may have missed for shameless self promotion because well, this is my site after-all Ha. It’s taken me a few days to process what unfolded on this segment with 3HL and to be honest, not quite sure what exactly went down Click Here to Listen (Nashville) There’s not a Thursday morning that goes by where I give up a chance to fire cheap shots at Mark Rodgers; your audio evidence Click Here to Listen (Oklahoma City) Your rapid fire breakdown of all things sports betting with the Big Dog, the only way to spend your Friday all fall Click here to listen Part 1 (Tampa) Click Here to Listen (Part 2)...
Let It Ride
posted by Todd
Your weekly installment of college betting gems from Andy Roddick, Clay Travis, and myself. Don’t judge my choice in fashion, judge me for the...