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Crazy betting story from yesterdays game


Mikie2times

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I did a couple things yesterday that I wouldn't usually do, namely bet a team that a lot of people are betting, and bet against the Bills. Instead of having one of the truly bad beats of all time work against me, I was handed a miracle.

 

I had a dime play on the Chargers. After the score that put them up ten Buffalo had no time outs, so no score on that drive equals a SD cover. JP throws the pick, and it's locked up. That is until SD fumbles the ball and Buffalo recovers. At that very moment I no longer felt comfy with my bet and went to hedge it on matchbook.com (online live betting exchange). I look on the site and some guy must have posted a bet without seeing that SD fumbled the INT. The odds for a Bills cover that he gave were +1700!

 

On matchbook you can only bet what a person is willing to bet on the opposing team. So I was limited to betting only 200$ at those odds, but that's still a 3400$ payout. AS you all know we end up getting the score, and the back door cover. I end up winning 2 1/2 times what I would have won had SD covered to begin with. Can you imagine how the guy that didn't see SD fumble feels? He was risking $3400 to win $200 on SD, and lost :blush: .

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Why would someone ever bet over $3,000 to win only $200 ...

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Because for some gambling is a sickness rather than a form of entertainment.

 

It is not a good investment strategy as there are simply less risky and easier ways to make a buck. However, money can be made if you are willing to either furnish the entertainment and take a good chunk off the top regardless of who wins (the casinos and professional bookies) or you are willing to prey upon those who do illogical things because they are not really addicted to winning, but addicted to the rush they feel from the chance they might lose.

 

The person who bet $3400 to win $200 was likely addicted to the rush he felt for taking this illogical risk.

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