Originally Posted by
redietz
Here's an actual "professional sports betting" report. I was eliminated from a "Survivor" contest at one offshore yesterday. Started with 500+; seven people are left. I wound up tying for eighth. I hated using Washington, but they were my biggest remaining favorite, so I swallowed my personal distaste and got myself eliminated by using them.
One interesting aspect is that the people who survived all had Washington available to them but refused to use them. Kudos to them. I absolutely despised going against an NFL team that had been hammered 49-17 or whatever the previous week, but I swallowed my personal opinion and did it anyway and got myself eliminated. First place is 15K.
The other interesting aspect was that this particular game was an example of a technical piece of advice from the Walters book that, if you read carefully, is one of the couple of useful tidbits that Walters (to my mind, surprisingly) mentioned. I didn't expect Walters to formally spell it out, but he did. You just have to read the charts carefully to see it. Again, it's not some big secret to actual sports gamblers, but it is not really well known to the public. Walters formalizes it in a way that's probably overly precise, but I actually agree with his ballparking number adjustment in a general sense. I was surprised he stepped out and put the generous number he did on it, but I would not have been more than half a point different had I been forced to opine.
Bottom line: I lost, and deservedly so. The people who advanced showed some balls and deserved to advance.