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29.5 start at the G

Toorak

By Toorak
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mauriesy Redleg

mauriesy   6,819

Posted
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Remember to gamble responsibly.

That line always cracks me up. If you know the mathematical odds stacked against you, you would know you can never gamble 'responsibly'. You can only ever do it 'irresponsibly'. ^_^

As someone once said: 'The TAB is a predator and you are its mathematically-illiterate prey'.

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Choko Redleg

Choko   493

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Posted

The dees are getting a 5 goal start with the TAB.

Paying $1.90, sounds like a good bet to me!

Remember to gamble responsibly.

I'm on it! Same margin paying $2 on iasbet, which is where I choose to lose money!

Oh, and I should have read your last line before clicking!!

GO DEES!

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Choko Redleg

Choko   493

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That line always cracks me up. If you know the mathematical odds stacked against you, you would know you can never gamble 'responsibly'. You can only ever do it 'irresponsibly'. ^_^

As someone once said: 'The TAB is a predator and you are its mathematically-illiterate prey'.

I'm not a gambler, but I play small fry with an account. I put $50 in 6 years ago and I have taken out a humble $350 from the account over the years without putting another cent in. I have more than the original $50 in there now. I feel I need to say that because the second you defend odds and gambling, people just assume you are a gambler, which is clearly overly simplistic.

You are somewhat incorrect that there is only irresponsible gambling, and also in your statement that the odds are always stacked against you. For starters, with footy betting, your odds are not formed by the bookies, they are framed by the markets. Then, I grant you, the odds are "watered down" for the bookies' margin.

But there is no question that the market does sometimes deliver odds that are attractive. For example, if you know statistically that games are likely to be won by less in the wet, and the market hasn't taken that into account (or for example the market can respond late to a late withdrawal), then there are good odds to be had. Also, Collingwood is always shorter than they should be because more people put more money into them, so if you think North is a good shot against Collingwood, you're likely to be getting better odds than you ought (if you know what I mean!).

Footy betting is absolutely gambling, and over time more people lose. No doubt. But it's not the same as throwing your dosh into a pokie.

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Toorak Demon

Toorak   108

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I'm on it! Same margin paying $2 on iasbet, which is where I choose to lose money!

Oh, and I should have read your last line before clicking!!

GO DEES!

well it looked like a good bet but I didn't allow for the umpire factor.
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Robot Devil Redleg

Robot Devil   1,895

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Posted (edited)

well it looked like a good bet but I didn't allow for the umpire factor.

The umps are down in the rooms rubbing themselves with $100 notes from the Bank of Eddie. They don't care.

Seriously though... if I was an umpire I would be ashamed of the decisions and non-decisions made today. We didn't help ourselves but wearing black and white stripes was a big advantage today.

Edited by Robot Devil
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CHAMP Redleg

CHAMP   347

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Posted

I'm not a gambler, but I play small fry with an account. I put $50 in 6 years ago and I have taken out a humble $350 from the account over the years without putting another cent in. I have more than the original $50 in there now.

You should quit your day job immediately

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