E61 - Sports Betting
Business of Betting Podcast
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How to Evaluate the Volatility of the Markets
I don't try and guess that then you're kind of gambling on gambling which adds even a whole other layer of uncertainty. I will say I do track closing line value of the bets that my model's placed so uh I care very much. One question I get a lot is if once you've placed the bet with your edge and the line moves further like in a way that creates even more edge um I guess like it moves against you do you then take more money because now there's like more value to catch up for that little margin of the line move? And really it's hard to do that much analysis that would be helpful as each line move kind of is for its own reasons personally
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