Boxer Ryan Garcia misses weight for Saturday fight, loses $1.5 million bet to Devin Haney

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KVB

KVB

Joined
Apr 11, 2023
Messages
8,860
JJ, do you understand "variance" when it comes to boxing lines? @KVB please chime in here chief.

For @jjgold it looks something like this...


0*HwA2QvvWValuiQt0
 

KVB

KVB

Joined
Apr 11, 2023
Messages
8,860
Kvbster, sometimes the linesmakers for hockey forget the variance rule when making the line. It doesn't happen often but sometimes they have an off day. Variance is the only thing that matters to the pro gamblers, like yourself.

Variance doesn't matter. It's just something we live with.

Mitigating the effects of variance can matter, and it's the only reason I ever suggest selling back +EV plays.

+EV plays are hard enough to get, so sellling them back seems crazy. But not always. It depends on your goals.

 

flyingillini

flyingillini

Joined
Jul 25, 2022
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