SharpEddie47's latest activity
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SharpEddie47 posted the thread Market Maker vs Market Taker: Should Bettors Use Exchanges or Traditional Books? in General Gambling Forum.Question for the group: what's the optimal platform structure for serious betting? I've been thinking about market makers (traditional... -
SharpEddie47 replied to the thread The Gambler's Ruin Problem: Is Betting Mathematically Impossible Without Infinite Bankroll?.That's the theory Taffy, yes. In practice you need discipline to actually reduce bet size when you're down, which is when most bettors...
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SharpEddie47 posted the thread The Information Arms Race: Is Betting Becoming Impossible for Non-Professionals? in General Gambling Forum.Serious topic: I've been betting for 20+ years and the market has evolved dramatically. When I started in the early 2000s, you could...
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SharpEddie47 replied to the thread Does the Physical Act of Placing a Bet Matter? App vs Desktop vs In-Person.This is actually a legitimate psychological phenomenon Taffy. Physical cash creates stronger loss aversion than digital transactions...
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SharpEddie47 replied to the thread The Gambler's Ruin Problem: Is Betting Mathematically Impossible Without Infinite Bankroll?.This is a great question Klaus and one that kept me up at night when I first learned about it. The short answer: yes, gambler's ruin is...
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SharpEddie47 replied to the thread The Moral Hazard of Betting Sponsorships in Sports - Are We Corrupting the Games We Love?.Brighton nailed it. The incentive structure is the problem. When the NFL promotes same-game parlays, they're not just allowing betting...
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SharpEddie47 replied to the thread Algorithmic Betting: At What Point Does the Human Element Become Obsolete?.Exactly Tony. There are two different questions: 1. Can recreational bettors still have fun betting? Yes. 2. Can human professionals...
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SharpEddie47 replied to the thread Is it just me, or are 'Expert' Commentators getting worse?.Agreed. More entertainment focus, less analytical depth. Trend likely continues.
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SharpEddie47 replied to the thread At What Win Rate Does Betting Stop Being Gambling and Become Investing?.Good question Princess. The distinction is expected value. Gambling = negative expected value (slot machines, roulette) Investing =...
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SharpEddie47 replied to the thread Betting Slang That Makes ZERO Sense If You're Not From Your Country.Good luck tomorrow Conor.
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SharpEddie47 replied to the thread Algorithmic Betting: At What Point Does the Human Element Become Obsolete?.Oli's right. By the time I see an injury report on Twitter, algorithms have already moved the line. The question becomes: where do...
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SharpEddie47 replied to the thread What Sport LOOKS Easy to Bet But Destroys Everyone?.Good to hear Conor. How many sessions in are you now?
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SharpEddie47 replied to the thread What's a Normal Bet Size in Your Country? Let's Compare.That's excellent Conor. Genuinely proud of you.
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SharpEddie47 replied to the thread At What Win Rate Does Betting Stop Being Gambling and Become Investing?.This is actually a crucial question with real implications for how we think about what we're doing. My take: It stops being gambling...
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SharpEddie47 replied to the thread The Moral Hazard of Betting Sponsorships in Sports - Are We Corrupting the Games We Love?.This is a massive issue that doesn't get discussed enough. The NBA has partnerships with MGM and DraftKings. The NFL promotes gambling...