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Feb. 5 - Super Bowl P.S.

Posted At : February 5, 2008 01:40 PM | Posted By : Administrator
Related Categories: 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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Super Bowl Talk

Posted At : February 3, 2008 12:32 AM | Posted By : Administrator
Related Categories: Current,Sports Betting

Brad really didn’t want to make a bet on the Super Bowl game today. For one thing, we were disappointed that the Colts didn’t make it there. But the big reason was that he had won his last four football bets and he knew he couldn’t stay lucky forever! 

Sports betting is the one gambling activity that we do where we don’t think we have an advantage; we have never made a serious study of it. We look at it as a pure entertainment option. Brad likes to watch a NFL game most Sundays and the Colts is a sentimental choice with us. So ever since we moved to Vegas, most Sundays during the football season Brad will put $100 on a game, betting a two-leg parlay, the winning team against the spread and the Over+Under total. 

Some years he has never cashed a ticket. Other years he has had so-so luck. Last season he did have one perfect weekly card in the Palms Football Contest, but it was more glory than cash since he had to share with umpteen other perfect pickers. This year has been his best season so far. Not only did he cash 5 tickets, but he came in first and second in two weeks of the free Ellis Island Football Contest and he cashed one 4-teamer ticket in the Hard Rock Free Weekly Bet promo.

We will be home today, watching the game, because we don’t like to fight the masses in very crowded casinos. Yes, we could have gone to a casino VIP football party – we had an invitation to one from almost every casino where we have played anytime during the last 3 or 4 years - and many of them would be pretty fancy-dancy events.   Back when we were staying in hotels, before we bought our condo in town, we went to these parties – at least long enough to get whatever Super Bowl souvenir gift they were giving out and to grab something to eat. But we always went back to our room so Brad could watch the game in peace and quiet. 

Nowadays we still like the peace and quiet, watching it in our living room. We don’t need any more Super Bowl sweatshirts. Brad still likes his comfy Frontier one from 1999. We certainly don’t need any artery-clogging “stadium food.”   Maybe we just are getting old and too tired or lazy to make the effort to go celebrate. But one hundred dollars on the game is enough excitement for us these days.

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