No problem.
Sorry If I came off like a smart azz...I know I do sometimes.
These are the discussions that are meaningful in my eyes... I don't follow people on the boards so I don't know kid or whatever...I have posted my plays in the past, and probably ended up with around a 58% clip over two seasons, but am past trying to prove that I am a winner to everyone.... I'll leave that for others.
I do take exception to bubba's reply. In my opinion, it lacks clear thinking and was a weak attempt at discrediting a well thought out opinion. At the very least, he agrees that the books are "ought to make money", but somehow, he thinks this has nothing to with protecting themselves against sharp action. While I disagree, everyone is entitled to an opinion.
No one said there was a conspiracy. Simpletons with no understanding of bookmaking, will always characterize an attempt to explain the boommakers' strategy as, ...'conspiracy theory'. Rubbish.
Brick-
I do agree with most of what you said, it is very difficult to adjust if one needs to...however, my argument here is that the winning way, is the winning way...(aka finding value) and the value is found, in most situations...on the opposite side of the majority of the action/opinion. Anything else is simply betting on an opinion, or in other words, fooling one's self into thinking that the market price is the 'wrong' price...which is simply not the case...the price is almost always..the right price, despite having a degree of exploitable value.
gman2-
Thanks for the kind words.
Hope all of you have a good year.
Iron.
