Joe Vs. The Invisible Bookie
Fantasy Gambling
Wednesday, May 18, 2011
DL of Life
"Thinking about Lackey, wishing I could put myself on the DL..."
I thought this was a novel concept, worth sharing with the world.
My official response is below:
"An amazing concept. 15 days in Florida to relax, get healthy, work out, and hone your craft. By yourself. Let the team carry the weight while you're gone. Call someone up from the minors to cover as much as they can. I would love to be on the DL."
Thursday, September 30, 2010
The Golden Rules of Gambling
Here are some rules I had set for myself back when I was gambling actual money.
Actually, we should not call them rules. Things change. These are more fluid than Rules and I will be adjusting them as necessity dictates. I'm not sure what to call them, but they're not Rules.
1) Never bet against Your home team
- Notice this doesn't read "the" home team. On days where the Celtics/Patriots/Red Sox have been destined to lose, matched up against powerful superstars in their prime, looking like bums for weeks at a time, they always seem to pull one out when I bet against them. Which stings twice as bad. Don't do it.
2) Only bet on games you can watch
- You don't want to check your phone or the Sportscenter bottom line ticker to realize that you've lost hundreds of dollars. It's not fun, don't do it. Plus, it doesn't feel as Good if you win. Watch the game. With friends. Gambling is about having fun.
3) Collect your winnings before you bet again
- Don't let it ride. At least hold the money in your hand first. It will make you think longer and more rationally about the bet at hand before making it.
4) Pay your debts before you bet again
- Don't chase it. The gods react mercilessly and without restrain when people chase it. Real men honor their debts. It will make you think longer and more rationally about the bet at hand before making it.
5) The Over is more fun than the Under
- This is discussed in further detail in the Sept 2010 post "A Paradox of Negativity..."
Tuesday, September 28, 2010
VOCAB: Parlay & Tease
A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay is that there are much higher payoffs than placing each individual bet separately since the difficulty of hitting it is much higher. If any of the bets in the parlay loses, the entire parlay loses...
*Invisible Bookie pays $210 for a $100 parlay with no vig
This definition continued on where the odds drop in the case of a tie...
but in my travels a Tie is actually a Loss, and the Invisible Bookie confers. In fact he said: "If you ain't Won, then partner, you've Lost"
*****
A teaser (or a "two-team teaser") is a type of gambling bet that allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.
*Invisible Bookie pays 1:1 on a two team tease with vig but gives 6 points per game to play with