Is Sports Betting AP Play?

[jbjb]

Alan is just continuing his idol's talking points. You know how Rob used to always talk about AP's earning "phantom bucks". That is now what Alan is doing as well. AP's use "Ev" as a measuring stick as to how well we are doing (actual win) vs expectation. Alan doesn't understand the concept of Ev. So he is equating Ev to Rob's "phantom bucks", ignoring the fact that there are real money wins associated with Ev.

Exactly!

Just think of all of those "phantom bucks" casinos are raking in day after day with their "positive EV."

Casinos don't use phantom bucks. Casinos go by the math of the game.

This is EXACTLY what AP's do as well. If we didn't, we wouldn't play, PERIOD!! If you don't and can't understand this, there is no hope for you.