poker sportsbetting

Update on this weekend’s action

I have been concentrating on my sports betting action. I put a few more dollars into play and I’m currently up $3,000 exactly. This is slightly misleading because I have unmet wagering requirements at some of the sites. I had won six bets in a row into CRIS and was getting closer to meeting the wagering requirements to cashout there. Now that I’ve decided that would be a good outcome to end up with all my money in CRIS, I’ve been losing at CRIS again. Instead of busting out at Hollywood and meeting my WR at CRIS, I’m now about even at Hollywood. This is bad because my WR at Hollywood is even bigger. I joined BetWWTS and deposited the full $2,500 to max out the bonus. I bet the whole thing against CRIS on the Redskins ML and promptly doubled up at WWTS. Since I haven’t been finding that many arbs (or the arbs are on bets that limit my bet size), I haven’t been able to get all my money in play as nicely as I’d like. This is also a bit of a problem because arbs are harder to find at some books than others and so far these three haven’t given me many good plays.

I took a big risk by picking one side of a bet on Monday and waiting to close the other side until game time on Saturday. I was convinced I knew which way the line was going to move. I was correct, but it didn’t move as far as I had hoped, so when I placed the offsetting bet I took a small loss. If I had the nerve to hold on until five minutes before game time, I would have got the arbitrage, but I lost my nerve. I don’t know if I’m willing to make these kind of speculations often.

So far, I’ve joined five books and busted quickly out of two. Three of the remaining books are above what I deposited to start with. Since two of them are close in value, I’m seriously considering making one huge bet pitting them against each other. That way, I’m sure to bust one of them. Even if I lock in a small loss, I may consider the escape from the WR worth the loss.

I’ve not played much poker. Real life got in the way and I didn’t play the Weekend at Daniel’s freeroll. I played a bit of 15/30 at Party and finished up $220 on the weekend. I had a lot of fun sweating Tanya at the Stars 500K. She was in the chip lead pretty deep into the money, but she decided to take a coin flip for a huge chunk of her chips and flipped wrong. Had she won that one, she would have had such a dominating chiplead that she probably would have won the whole thing. It was fun to watch.

By Nsidestrate

I'm a hard-core limit ring game poker player who is becoming a degenerate sports bettor. I'm sure it will all make more sense if you read on.