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27 Comments
- nsummy, on 10/12/2007, -0/+7If you want a free version where you dont have to pay $10, go to wagerline.com They have every sport, and you can see the top players and their picks for each sport.
- tom6a, on 10/12/2007, -3/+10It would be interesting to see someone do the same thing with the stock market.
- SlackerCSB, on 10/12/2007, -0/+6Wagerline is great. Always fun to fade the big losers.
- Sheaf, on 10/12/2007, -0/+5@jeffjenn: The article was good and informative and it's from a quality, well-known site. Techcrunch does not do articles for hire.
Additionally, the idea that such a betting site, relying on the wisdom of the masses, could beat Vegas bookies is certainly not preposterous. - uptown, on 10/12/2007, -1/+4whoops... I meant caps.fool.com
- ebiz1022, on 10/08/2008, -0/+1Seems to be working for them!
http://www.splents.info - markh100, on 10/12/2007, -1/+2Marketocracy.com and PredictWallStreet.com
- covertbadger, on 10/12/2007, -1/+2@Sheaf
"Additionally, the idea that such a betting site, relying on the wisdom of the masses, could beat Vegas bookies is certainly not preposterous."
Already been done - www.betfair.com. The prices on each event are decided by customers placing opposing bets, and betfair operate purely as a matchmaker. The prices are routinely superior to bookies, often by as much as 20% (there is normally a real-time comparison on the front page that demonstrates this).
Unfortunately there isn't a huge amount of interest on US sports there because due to US betting laws the site refuses accounts to Americans, but it demonstrates the point. The Superbowl still saw some pretty good action, though. - laplacian, on 10/12/2007, -0/+1The stock market is so much more efficient than betting lines. it would be fun to try, but unlikely to get any real results.
- DogCancer, on 02/20/2009, -0/+0you can use this at Online Sports Betting http://www.legendz.com/
- jojada95, on 10/11/2007, -0/+0Just wanted to add there is no way to beat the odd in vegas..
http://www.247-onlinebetting.com
- jesswa, on 10/12/2007, -1/+1"It would be interesting to see someone do the same thing with the stock market."
Done:
http://socialpicks.com/ - NJank, on 10/12/2007, -1/+1anyone else remember funbets.com? I actually got a check or two from them back in the day. ahh... the good ol' dot com bubble.
- jojada95, on 10/11/2007, -0/+0Very good article but as a professional i dont think this will work :)
Mark - Sports Betting Odds
www.247-onlinebetting.com - netsql, on 10/12/2007, -1/+1http://hoops.pickspal.com - and now you know!
- pledomobil, on 10/11/2007, -0/+0Wow! Sweet, dugg it.
- traced76, on 02/08/2008, -0/+0I agree, the odds arent in our favor usually.
http://dealssportsbookaction.info - bluffer, on 02/28/2008, -0/+0No fun in not winning money (or losing I guess), I prefer the money bet. Its not like you have to go to Vegas anyway, there are plenty of places listed at http://www.nobluff.com/sportsbetting.php where you can place sports bets online.
- trevorbadly, on 03/13/2008, -0/+0The real question is who's odds you're trying to beat. There are betting sites like http://www.pregame.com where you can find guys with good winning percentages OVER TIME, but you never beat the odds all the time. Betting is only around because enough people are wrong to fund the people who are right AND the middlemen.
- chuhsi, on 10/12/2007, -0/+0If this really worked, then wouldn't the Vegas odds/payouts would automatically recalculate?
- amazindiggninja, on 10/12/2007, -0/+0@ covertbadger
"Unfortunately there isn't a huge amount of interest on US sports there because due to US betting laws the site refuses accounts to Americans, but it demonstrates the point. The Superbowl still saw some pretty good action, though."
Not so. It's big time and will never go away. Colleges, Vegas, online, offices, etc..., it's every where and here to stay.
We run http://ATSPROFITS.com and have a podcast with hundreds and hundreds of listeners all over the globe that listen to us cover US sports betting. There are so many people who use stock brokers to invest their money and we think sports betting is just like the stock market but with higher reward and of course greater risk, but that's why people use us at atsprofits and pickspal. Any edge above 53% and you're making money. And making money on US sports is just plain fun... - Scrappy1850, on 10/12/2007, -3/+2Step 1: collect underpants
Step 2: PicksPal
Step 3: Profit - inactive, on 10/12/2007, -3/+2I have a few virtual accounts at http://www.investopedia.com so when I think I have a genius stock idea, I can find out if I was right. I'm usually right!
- uptown, on 10/12/2007, -5/+1caps.com
- jeffjenn, on 10/12/2007, -4/+0Wow I can't believe you all dugg this article that was obviously planted for purposes of increasing traffic to that site. You can't readily beat the odd in vegas and you can't make a million dollars by sending $19.95 to that infomercial guy on channel 9 at 3 in the morning. Sorry. I wish it were true. I really do...
- Eifandil, on 10/12/2007, -6/+0Tom6a wins this round.
- tenrec, on 10/12/2007, -7/+0Would not work because the stock market is rigged.
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