Betting Edge Detection Methods
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A professional sports bettor shares his methodology for finding edges in sports betting, focusing on systematic observation and pattern recognition.
Core Methods for Finding Betting Edges
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Pattern Recognition
- Observes sharp bettor behaviors at casinos
- Tracks line movements after specific bets
- Distinguishes between real patterns and random noise
- Uses database work to aggregate team performance in specific situations
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Line Movement Analysis
- Studies opening lines and subsequent adjustments
- Monitors sharp bettor reactions to new lines
- Tracks how odds change throughout the day
- Pays attention to 4:00 PM post time movements
Betting Implementation Strategy
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Uses "beards" (front men) to place bets
- Never places bets personally to maintain anonymity
- Works with various types of beards:
- Successful business people
- Degenerate gamblers
- Hollywood personalities
- Professional athletes
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Avoids Casino Betting
- Casinos are "for losers and people who can't win"
- Focuses on street bookmaking operations
- Uses credit betting through intermediaries
- Maintains anonymity to preserve betting access
Edge Sizing and Returns
- Typical edge ranges from 4-5% per bet
- Good bets might reach 10% edge
- Requires large betting volume for meaningful returns
- Modern focus is on team profit sharing rather than personal gains
Evolution of Sports Betting
- Early days relied on manual analysis and observation
- Progressed to computer modeling (reference to Billy Walters)
- Current market heavily influenced by retail investors
- Industry has become more mainstream and "gross" with widespread gambling advertising