LV
Last month
NBL Betting Thread
Firstly, let me say I don't really want to promote gambling. So I feel a bit conflicted about starting this thread.
I have a problem gambler in my extended family and I understand the harms gambling can cause.
I like the new mandatory advertising slogans- "Chances are you’re about to lose", “Win some, lose more”, “Think about what you’re really gambling with” etc etc
Some wise rules I try to follow:
1. Let the odds come to you, don't go looking and forcing bets just to bet
2. Take the value odds, don't just take favourites because you think it'll win. Eg if you think it should be $2.10 but it's $2.60 take it, if your judgement is sound then you'll be ahead more often in the long run.
3. Only bet what you're prepared to lose
4. Don't chase losses, eg if you lose, revert to rule one, don't just do more bets just because you lost
5 Only bet on what you know. For me this is NBL. Sometimes AFL. Occasionally NBA. I never bet on sports I don’t follow reasonably closely.
I implore any reader to follow those rules and to consider the harms gambling can cause before you bet a single dollar.
But having made that disclaimer, I do enjoy an occasional bet. Especially on NBL. Not to make money, rather because I enjoy analysing sports and making predictions. Putting a small amount on the table is practically challenging myself and seeing if my predictions stick.
This thread is for anyone who feels likewise.
Tell us your bets and we can re-visit this thread throughout the season.
So far I’ve placed bets with the following odds
Title
- Perth $8
- Illawarra $17
Playoffs (Semi finals)
- Perth $1.72
- Illawarra $6.00
You can’t get any of those odds anymore, they’ve already come in. But Illawarra at $4.50 for playoffs is available and it’s enticing.
I considered betting on Sydney at $4.00 for the title but didn’t, mostly because I don’t like Sydney! But they were good odds. They’re now $3 or $3.30 which is about right.
MVP odds should be out soon. Cotton should be favourite. 4 MVPs in 7 completed seasons, finishing 2nd or 3rd all other years. He’s just turned 32, and his team should be a winning team again who relies heavily on him to carry the scoring load. He’s in good nick after a strong pre-season. He deserves to be $2.50 or $3.00. Anything at $3.50 or higher is clearly worth a bet and $4.50 last year was a no-brainer.
Over to you.