Friday 6 January 2012

Pre-Game Danger

The interesting thing about this chart is that it was snagged pre tip-off. Miami Heat drifted from 1.51 to 3.1. It neatly illustrates one reason why betting on basketball pre-game can be dangerous to your wealth. In this case, the slide was due to Miami being without two of their big three, and the biggest two in my opinion, as superstars Dwyane Wade and LeBron James both miss the game through injury. Atlanta (best defence in the NBA to date) beat Miami a few days ago, but at 1.47 are almost certainly too low. We shall see.

5 comments:

Rudy said...

Cassini

I saw that earlier on too...took some of Miami at 2.8 and then at 3.5...closed out at HT for a nice bit of green. Looking at Dallas now and even though they are 26 pts behind at HT I think a lay of spurs at 1.02 could be a good play. Hope all works out well for you tonight!

Rudy

500-5000 said...

Got that one right as well! Miami went on to win the game! Good call, but a close call. You're like a guru of somekind Cassini.

loudsight said...

I'm interested ti know whether you placed the bet and let it run or traded it out at some point. I believe that at some point Atlanta's odds hit 1.11 right? So it waould take some massive danglers to hold your nerve in that situation. As an aside I took the wrong side of that bet i.e. backed Atlanta at 1.55, but after watching the first quarter decided I was wrong and placed an order to lay at 1.55 and went to bed. What a prudent move that turned out to be. I have to second 500-5000's comment and say that you are a guru, I mean everything seemed to indicate an Atlanta win but you positioned yourself in the opposite direction and came out on top.

Cassini said...

loudsight - I was out of my position by half-time when the price was evens. Atlanta went as low as 1.02 before the game went to overtime - another example of the price going too low too soon, and then we had the Heat at 1.07 before the Hawks again went favourite.

500-5000 said...

Surely, the reason the odds went down to 1.02 on Atlanta is because they were about to win the game. There were about 10 seconds to go when Miami got the points to head into overtime. I don't think anyone could have accurately predicted that Miami were going to win the overtime battle. I think Cassini got the call right because he had traded out of the game at that stage. Maybe, he doesn't have mystic powers after all.