Jai-Alai Question of the Week


Start of Thread

Re(1): #211 - Dania Super Super: How about this?

Posted on August 27, 2007 at 04:03:45 PM by Eric

In gambling this is called a +EV. Most pro gamblers look for +EV situations and take advantage of it, and stay away from -EV situations. Since parimutuels have such a high takeout of 18%+, this is very -EV. Most people that like making money gambling don't bet jai alai, dogs, or even horses. The only time it makes since to do it is when there is a carryover, thus making it +EV. This is the only time I really even consider betting any serious money at parimutuels. Other then that the takeout will tear you apart in the long run.
Now as for how to tackle hitting a winner in a +EV super carryover, I would suggest taking the top 500 easiest superfecta possible combinations (assuming random posts, giving no team a huge edge) and play then each for $1 for $500 total. While your only covering 30% of the numbers, you really have over a 50% chance of hitting a winner.
Now if there is a really big carryover where there will be over a 25% +EV(ex. 2500 carryover into 7000 pool), I'm buying every ticket (maybe twice).
Finding +EV situations is the most important part of being a pro gambler (actually living from gambling only). If anyone else needs any advise, I'll be on the Final Table of the Poker Stars Sunday million replay all week scooping yet another 5 figure score! Holla!!

Replies:

Home Page