2% max recommended unless otherwise noted. 1% max recommended for soccer.
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SportsPicks
All your sports information for those investing Vegas-style in the outcomes of sports games. Predicting games against the line in all sports, especially football, American and English style.
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SportsPicks@SportsPicks
May 01, 2023
SportPicks NBA Preview w/ Smokehouse Mike
Tuesday, May 2nd
Playoffs 2nd round
Miami Heat (44-38)8th in the East versus NY Knicks (47-35)5th in the East
The Knicks are a 6.5 point favorite and the total is 206.5.
Heat’s Butler,ankle, is a game time decision;Highsmith,knee, is a game time decision,
Herro,hand, is out.Knicks Randal,ankle, is a game time decision;Bronson,ankle,is a game time decision.
Heat leads the series 1-0
Vegas early action shows 76% lean toward the Knicks and 60% favor the over
LA Lakers (43-39)7th in the West versus GS Warriors (48-38)6th in the West.
GS is a 4.5 point favorite and the total is 227.5.
Laker’s James, foot, is a game time decision; Davis, foot, is a game time decision; Bamba,ankle, is a game time decision. Warriors’ Iguodala,wrist, is out; Baldwin, toe, is a game time decision
Series 0-0
Vegas early action shows 52% lean towards Golden State and 56% favor the over.
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Betting Psychology and Risk Management
This post is partially motivated by the incoming surge in official picks we are going to have as well as the dismay here some have experienced with the downturn we've had over the past few weeks. Risk-based moneymaking is not an easy pursuit and the vast majority of people who try their hand at it fail. It is important that you arm yourselves with as may tools as possible so that you will be in the profitable minority. Most people find it difficult enough to look at their investment portfolios during a relatively mild downturn, and that's with professional hedge fund managers doing insulating them from the very real challenges of risking our money and making a profit from it. Anyone who is active here is choosing to take that risk into their own hands. There are big rewards for this but also very big risks. This post is about preventing you from being taken out by those risk.
The primary way that we mount our offence us through our edge. A statistical...
