Originally Posted by
redietz
I appreciate regnis providing confirmation. Thank you. Unnecessary, but much appreciated.
I'm posting this to clear up the notion of futures moving. Futures can move dramatically, so if you have bet a future at a particular number, and plan to possibly bet more, then it is a bad idea to publicly announce what you have taken. Even if the notion of you adding to your wager is minimal, it makes no real sense to share the information.
As an example, I point to the retro road trip thread, where I posted futures on my Rams-to-win-SB wagers in the year Kurt Warner famously took them to the SB title. I and a handful of others whacked the Rams that year, which led to a couple of sports books firing their managers. In any event, my point is that I did NOT bet the Rams until after I had seen their first game, when they were still 300-1 some places. Then after they won their second game, I was able to launch at up to 200-1 some places. Then, after they went to 3-0, I was able to snag some 100-1s at Mandalay Bay.
Now, if I had gone public with those plays, there is a very good chance there would have been no 100-1 by the third week. Similarly, since a number of other people did the same as me, if any of them had gone public, we all would have suffered.
Yet there was no cross-communication between us. We were oblivious to each other at the time, but we were smart enough to stay compartmentalized.
The Kurt Warner story became, to a small extent, the Bob Dietz story also, as his abilities more or less paid for my house.
Now this was a long time ago. Anybody sharing a futures wager publicly would be someone, and this is the obvious key element, who HAS NO INCLINAION TO BET MORE ON IT. Understand, also, that you would not share a future on, say, to-win-the-AFC, when the probability or possibility exists that you may want to bet the same team to-win-division down the road.
You are trying to avoid all attention being directed to that team/situation.
I post this as a public service to any bettors out there. This is not rocket science or CIA-level skullduggery. If you spend 10 seconds thinking about it, all of this is obvious.
LOL. Except, of course, to kewlj, who we all know has spent decades in Las Vegas as a professional gambler.
He's just a little slow. Forgive him.
P.S. That Rams SB future is a good story which I will share on a podcast some time. I had some adventures, as I got money down for other people, including Bob Hurst, the president of Golden Eagle Distributing, who actually knew a bunch of things I was oblivious to, such as the fact I could duck any tax burden and that the Mirage had certain exits and corridors where you could avoid surveillance (if you were in the Black Book). And, of course, there was the odd experience of toting around hundreds of thousands in potential tickets 24/7 since there was no way in hell I would leave them in any room where I was staying.