Re: Math Models
Obviously most of us would prefer to make our money just winning a good percentage of our straight wagers, but there's always been money to be made in bonus whoring. And for small-time rec players like most of us are, it's a good option if you want to take the time to do it.
We're not all rich geniuses like you, as much as we would like to be. :cheers
Here is the main problem with being a nickel dicker: it is a waste of time.
For example, I watch 15-20 games on a Saturday, and about 3-10 games Sun-Fri (thanks to tivo), because I enjoy the challenge of picking winners and making money.
Now, I like to "send it in" from time to time, and the information I pick up watching these games does come in handy. I usually do OK at the end of the year, but I am not breaking the bank or anything. It is just a hobby and a good second income.
However, if you are watching all these games and betting very small (I would say 250/game or less is small), you are an idiot with no life. Your time would be better spent finding a good paying job or waiting to establish a BR that makes this "time wasting" worthwhile.
Overall, it is really a joke and a waste of time, all of this "gambling". In college, I was locked in my room Sun and Sat, booking and betting, and I still regret it. Call it lack of vision.
One warning to those trying to full time it: don't bet on credit unless you have a large BR and control. It is the most dangerous trap out there. But, if you must, do it with a good friend who will understand if you are short.
Also, it is better to bet with people that have full time jobs. Those that book with no other source of income, tend to be more ruthless and are really scumbags at heart. Lazy men should be shot anyway or at least punched in the mouth a few times until they wake up from their sleep.
Sorry for the rambling, but the older I get, I am beginning to see that all of this gambling is a flipping waste of life and meaningless for the most part.