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Posted At : February 5, 2008 01:40 PM | Posted By : Administrator
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Current,Sports Betting
I received some interesting input about my last blog entry in which I said that sports betting is the only gambling option Brad and I choose that isn’t an “advantage” play.
One Internet friend commented: “I've always thought that sports bets were an excellent 'frugal gambler' option---you place a bet, sit down in the sports book or in front of your TV, relax, and watch the game; your ‘action’ lasts for several hours, and all you're paying is the ‘juice’ on your bet---only about 5% of your action. Plus, if you're watching in the sports book, a nice young lady in short-shorts and a football jersey will bring you a drink---what's not to like? :) Oh, and if you're at a Coast casino, don't forget the great hot dogs!”
This reminded me that I have charts in both The Frugal Gambler and More Frugal Gambling showing that for a Bet $11/Win $10 sports wager, your average loss per hour will be only about 25 cents. And I have said that if you can’t drink enough in a sports book to cover that, you aren’t even trying.
Well, Brad can't drink alcoholic beverages for health reasons and he was watching the game in our living room and not in a sports book. But maybe I can give him a lap dance next year and it would raise his football betting EV into positive territory!!!
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