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[00:37] It's that time of year. We have the
[00:39] worst betting trends you can follow for
[00:42] Super Bowl Sunday. We're also talking
[00:44] about betting on the coin toss in 2026.
[00:48] People still doing that. We're also
[00:49] going to talk about Bill Bichc getting
[00:51] snubbed from the Pro Football Hall of
[00:53] Fame and so much more right here on
[00:56] Circle Back right here in the circles of
[00:58] channel which is part of the Hammerbag
[00:59] network and presented by Cal. This is
[01:01] the show where we cover the latest and
[01:03] greatest news that comes from gambling
[01:05] Twitter and sometimes a little bit of
[01:07] Twitter as a whole. We're doing it here
[01:09] with this Friday crew. I'm your host
[01:11] here in Circleback. My name is Jacob
[01:13] Gmena. I'm a creator and producer for
[01:15] the Hammer Bag Network. Down in the
[01:16] bottom left we have Mike aka Mr. Peanut
[01:19] better on Twitter. Koshi donator in the
[01:21] bio, but he is a professional sports
[01:23] better. Down in the bottom right corner
[01:24] of the screen, we have Joey Kesh,
[01:27] co-host on the Hit the Books channel,
[01:28] which is the Hammers NCAA football,
[01:30] college football content division. And
[01:32] up in the top right corner of the
[01:34] screen, we have China at China Maniac,
[01:36] Pro Sports Better, and host of the
[01:38] Gambling Chronicles podcast and New
[01:40] England Patriots fan. How you doing? You
[01:42] just told us pre-show you're going to
[01:44] the Super Bowl this year.
[01:46] >> Yeah, excited. uh first Super Bowl. I've
[01:49] missed the last 10, you know, and we've
[01:52] been shut out for a while here, so you
[01:54] know, I better get in before um the time
[01:56] goes past me, you know.
[01:58] >> Absolutely. And uh I'm sure the tickets
[02:01] ran you quite a bit, but you know, you
[02:03] you only have so many chances as a New
[02:05] England Patriots fan, let alone Boston
[02:07] sports in general, you only have so many
[02:09] chances to get to a big game like this.
[02:11] So, I guess you got to take them when
[02:13] you have the opportunity to do so.
[02:14] >> That's right. once once in a lifetime.
[02:17] >> Glad you're going to be able to
[02:18] experience that before uh before maybe
[02:21] maybe you don't have any more chances to
[02:22] do so. But we're going to get into the
[02:24] show today. We're going to start off
[02:25] with the betting trends that you see on
[02:28] the Super Bowl on a year to your basis.
[02:31] Things like this. We have Jay Cuda who
[02:33] said who posted this one about Drake
[02:36] May. No starting quarterback with a last
[02:38] name less than five letters long has won
[02:41] a Super Bowl. Starting QBs whose first
[02:44] and last name and with the same letter
[02:45] are 0 and6 in Super Bowl since the AFC
[02:48] was formed in 1970. Of course, Drake May
[02:51] applies to that as well. And starting
[02:53] quarterbacks with the initials DM are 0
[02:56] and2 in the Super Bowl because Dan
[02:58] Marino and Donovan McNab both lost. Now,
[03:01] as funny as this is, I will give Jay
[03:03] some credit. He said that these are
[03:05] meaningless, but not before somebody had
[03:07] to ask about Nick Fos. Nick Fos won a
[03:10] Super Bowl. Um, even though Nick Fos's
[03:12] name is five letters long, which
[03:13] therefore doesn't fit the first
[03:15] criteria. But again, he did say,
[03:17] "Luckily, these are meaningless stats
[03:19] anyway, so it doesn't matter." But how
[03:20] about ones like this? Sal bets, the king
[03:23] of betting trends. When we talk about
[03:25] goats in the space, we throw it out a
[03:27] lot. But when it comes to betting trends
[03:29] and nonsense associated with it, I I
[03:31] think Saletts really does fit that
[03:33] profile. I says, "I don't know if you
[03:34] know this, but over $20 billion will be
[03:37] wagered on the Super Bowl this year, but
[03:39] most people are focused on the wrong
[03:41] plays. Here are 10 picks you need to
[03:42] know for the Super Bowl." He proceeds to
[03:44] list 10 plays like this. He gives out a
[03:47] bet with no odds and provides a very
[03:49] basic assessment of the bet that
[03:51] everyone is aware of and is already
[03:53] factored into the price, such as Hunter
[03:55] Henry over 0.5 touchdown. He's been the
[03:58] Patriots most reliable red zone option.
[04:00] his 22 red zone targets lead the team
[04:02] and ranked fifth among all players. Now
[04:04] he faces the Seahawks without fifth most
[04:06] catches the tight ends this season.
[04:08] Again, stuff everyone has access to and
[04:11] no price associated with the bet. Minus
[04:14] 1,000. Probably wouldn't take that on
[04:17] Hunter Henry over 0.5 touchdowns. Then
[04:20] we have people like this Jeremy exposes
[04:22] Vegas, which I I don't even really
[04:23] understand what this is trying to say.
[04:25] Uh, M. So, Miami, Rams, Broncos, Pacers,
[04:30] 49ers, Texans. The underdog well dries
[04:34] up. Confidence has to be drained before
[04:36] the real trap is set. The Patriots sit
[04:38] as Super Bowl underdogs and showcase the
[04:40] line for the Super Bowl. I I guess this
[04:43] is motivation to pick the Seahawks, but
[04:45] I but I really don't quite understand
[04:46] it. A and finally, Rob mentioned
[04:49] basically how these Super Bowl trends
[04:51] can be meaningless on a year-to-year
[04:52] basis. But BTT Sports says 99% of these
[04:56] are not worth considering, but the Super
[04:57] Bowl is not an average game. Not
[05:00] engagement farming team to score last
[05:02] wins wins game 20 years in a row before
[05:05] finally losing last year. At my numbers
[05:07] for it, it this was about a one in 5,000
[05:10] outcome. Variance or is there something
[05:13] to it? Uh let's go to you China first.
[05:16] Um, how do we feel about these Super
[05:18] Bowl trends on a year-to-year basis?
[05:20] What's your take on what we saw here?
[05:21] >> Yeah, this is just I mean, all these
[05:23] trends, it's just a bunch of trash. I
[05:26] mean, the only trends that are really
[05:28] important when it comes to Super Bowl
[05:30] trends is what has happened in the
[05:32] current season, the best trends are the
[05:34] the past performance trends that have
[05:36] happened recently where you can kind of
[05:39] take a piece of a puzzle, put it
[05:40] together, and figure out what is right
[05:42] and what is wrong. And like even when
[05:44] you do that, you still have to find out
[05:47] which one of these is going to hold
[05:48] value and which ones do not. So, you
[05:51] know, you just got to figure out what
[05:52] has happened, how often it's happened.
[05:54] Stay away from the over trends, stay
[05:56] away from the yes trends, bet the nos,
[05:58] bet the unders, and you can't do worse
[06:01] than break even on this game.
[06:03] >> Understood. Let's go to Mike. Uh, you
[06:06] really you really like this one here.
[06:08] Um, the these team to score last wins
[06:11] hit 20 years in a row this tweet. uh
[06:13] anything you want to elaborate on?
[06:15] >> So he puts it at one in uh is it 5,000
[06:18] there outcome probability of this? This
[06:20] is a like a phenomenon known uh as like
[06:23] it's a small world problem. So when you
[06:26] run into someone from you know say you
[06:28] go down to Mexico have a vacation you
[06:30] run into someone from your hometown and
[06:32] you go you know what are the odds that I
[06:34] ran into this person. Well the odds that
[06:37] you ran into someone from your hometown
[06:39] are relatively small. But it's not just
[06:41] the odds of someone you ran in from your
[06:44] hometown. It's someone you went to
[06:45] college with. It's someone that's your
[06:46] wife's friend. It's someone that's
[06:48] there's actually, you know, the
[06:49] probability that you're looking at is
[06:51] maybe it's one in 5,000 that this prop
[06:53] hit specifically during the last 20
[06:55] Super Bowls. But it's what's the
[06:57] probability that one of these random
[06:59] props hits in the 20 Super Bowls before
[07:01] is actually quite high, especially when
[07:03] you start to make it so that it's any uh
[07:06] different number of years. you can kind
[07:08] of make it there's basically infinite
[07:10] number of combinations of possibilities
[07:12] that you can use as far as props. So
[07:14] that's why these misleading you know
[07:15] this the probability of this occurring
[07:18] is only one in 5,000. It's similar to
[07:20] when you see you know the one day of the
[07:22] year that is John F. Kennedy's birthday
[07:24] and Abraham Lincoln sign somebody into
[07:26] office and all these things. It's
[07:29] actually they're pu uh presenting it as
[07:31] the probability is so low of this
[07:33] outcome happening but there's actually a
[07:35] vast number of outcomes that you could
[07:37] put in there. So that's the confusing
[07:38] part when you're thinking about any of
[07:40] these trends. There is something to the
[07:43] Super Bowl behaving differently than
[07:45] other games in the sense that the
[07:48] halftime's longer things are a little
[07:50] bit different. the, you know, the nerves
[07:51] factor isn't, I would say, would kind of
[07:53] dismiss that some, but there are
[07:55] instances where you see, you know, late
[07:57] in games, uh, like a golfer who's up
[08:00] late in a match is more likely to miss a
[08:01] putt. So, those things are real, but you
[08:04] have to start and think, why would this
[08:05] exist in this game that it doesn't in
[08:07] others? And if you're going to have that
[08:09] effect, you need to price it in
[08:10] appropriately. Think what is the
[08:12] probability that this is different than
[08:14] another game? you know, both look at
[08:17] historical data, see how it's behaved
[08:18] differently, and most importantly, you
[08:20] need to have a reason of why you think,
[08:23] okay, something in the Super Bowl is
[08:24] making this different. You know, there
[08:26] was the second half Super Bowl is uh I
[08:30] think it's lower scoring or higher
[08:31] scoring because of the longer halftime.
[08:33] There was that theory that could be
[08:35] true, but it also there's a decent
[08:37] chance it's noise and you're just
[08:38] filtering through a million things. So,
[08:40] as always, it's complicated. It's not
[08:42] entirely clear how much of this in these
[08:44] small data problems is, you know, being
[08:47] priced in, how much of it you have found
[08:49] something unique. Uh, in general, I
[08:51] would say treat it like a normal game.
[08:53] Maybe look for a couple things around
[08:54] the edges and bet things that it's
[08:57] already, you know, you think maybe it
[08:59] could have extra value to it. Uh, but
[09:01] there was value there already.
[09:03] >> Over to you, Kenishh. Um, how has this
[09:05] sort of phenomena developed over the
[09:08] years and any thoughts from you on these
[09:10] betting trends? I mean, this reminds me
[09:12] of the uh the old, you know, what used
[09:15] to be week, you know, week 17 or week 18
[09:19] now where like now 3 weeks in advance,
[09:22] people are like, here's the incentives
[09:24] that people are about and you know, old
[09:26] S was S was on those before things. So
[09:30] now he's, you know, pivoting to Super
[09:32] Bowl, not pivoting, he's probably been
[09:33] doing this forever, but uh maybe just
[09:35] doesn't get as much red like where now
[09:37] we're going to do Super Bowl trends. And
[09:40] for whatever reason, this is like the I
[09:44] don't know the betting percentages crack
[09:46] of like Super Bowl trend. stuff gets
[09:48] he's like built a empire off this of
[09:51] just uh we're going to do here you know
[09:53] you list 10 trends in a thread and you
[09:56] know you get a thousand sheep that are
[09:57] like oh s you're the greatest I would
[10:00] never would have thought of that um so
[10:02] uh yeah but I would say the vast
[10:04] majority worthless but if people keep
[10:08] clicking it you're going to keep seeing
[10:11] it uh so you I mean and sales good for
[10:14] that and we've really hit this new era
[10:16] of Twitter where like just engagement
[10:19] farming is being rewarded more than it's
[10:22] ever been and we've seen like a new
[10:24] Twitter uh algorithm has come out and
[10:26] and th this sort of tweet is exactly
[10:29] what is going to help people like Salvad
[10:32] even further with that. But it's just
[10:33] such like misinformation to to put out
[10:36] these these numbers that you know
[10:38] sometimes these numbers aren't even
[10:40] aren't even available. There's no price
[10:42] attached to it. So like, okay, like
[10:44] sure, I'll play it, but like up to what
[10:46] number? Um, it it's it's just doing a a
[10:49] large disservice, I think, to the
[10:51] community posting stuff like that. So,
[10:53] um, yes, some of this stuff can matter,
[10:56] but a lot of time these sorts of trends
[10:57] don't matter. And I didn't really
[10:59] feature any examples, but like people
[11:01] will go off betting trends of like the
[11:02] last 20 Super Bowls. What the hell does
[11:04] a game, even like last year, what does a
[11:07] game between two teams who aren't even
[11:10] involved in this game have to do with
[11:13] what's going on here? Like for the most
[11:15] part, relatively nothing. I'm sure
[11:17] there's going to be stuff like, okay,
[11:18] the halftime is longer and that matters,
[11:20] but if it's like you can't look at a
[11:23] Chiefs Eagles game and take that as
[11:25] information that will benefit you for a
[11:27] game between the Seahawks and the
[11:28] Patriots, I mean, even Chiefs Eagles
[11:31] game from a few years ago, there may not
[11:32] even be a ton of information you get
[11:34] from that to a Chiefs Eagles game this
[11:36] year. So, largely uh these trends can be
[11:38] ignored. Go ahead, Mike. I do I think
[11:40] it's interesting though sometimes they
[11:42] do behave like okay good example is the
[11:45] over two and a half passes under two and
[11:47] a half passes prop that is hit at a very
[11:50] high rate in the Super Bowl compared to
[11:52] a normal game. Is there a chance that in
[11:55] the Super Bowl you're more likely as a
[11:56] coach to play a different kind of you
[11:59] know trick play that you think hey I
[12:01] have this play I'm going to save it
[12:02] until we need it to end of the season
[12:04] you're more likely to use it. I do think
[12:06] that there's a chance some of this, you
[12:08] know, could behave differently. The
[12:10] thing is is one PE if it exists, people
[12:12] are probably going to overreact to it,
[12:14] especially if it's small sample. And
[12:16] two, you really have to actually look at
[12:18] the thing that's happening and see like
[12:20] is there a possible reason why this
[12:22] could be different. So like a pass like
[12:25] like I said for the passes, it could be
[12:26] different, it could not be. When it's
[12:28] talking about like the favorite is
[12:29] covered, obviously that's a regular
[12:31] game. That's insane. But even on that to
[12:34] go back like the last, let's say we're
[12:35] going the last 20 years, the amount of
[12:37] times over two and a half passers. So
[12:39] one person beyond just the quarterbacks
[12:42] needs to attempt to pass in a game for
[12:43] that to hit. Even without like using
[12:46] past Super Bowl data, we can just simply
[12:48] say this is a game where the coach is
[12:50] going to go deeper into their bag on
[12:52] offense and that makes it more likely.
[12:54] That doesn't necessarily mean that we
[12:56] can use the trend from the past 20 years
[12:58] to supplement that sort of theory,
[12:59] right?
[13:00] >> Yeah. Correct. I mean, you just can't
[13:02] use the trends to supplement it. But in
[13:04] the case of the Super Bowl, the sample
[13:05] size is so small, you could argue that,
[13:07] hey, you know, like it provides back,
[13:09] it's similar to the Army Navy thing is
[13:11] another classic example of how real is
[13:13] it, how is it not,
[13:14] >> right? So, I do think there's some, but
[13:16] it's almost always used poorly and
[13:18] you're better off just staying away for
[13:19] the most part. feel like a lot of
[13:20] conversations we have is like, "Yeah,
[13:22] yeah, it there's there's some specific
[13:25] examples where maybe it's correct, but
[13:27] for the most part, it's better just to
[13:29] ignore it completely unless you really
[13:31] know exactly what you're going to be
[13:32] looking for." John, you have something
[13:34] to add?
[13:34] >> Yeah, I feel like with that one, it's a
[13:36] lot more recency bias. I've actually
[13:38] I've run the data on that and just in
[13:40] the Super Bowl in general, I think
[13:42] that's gone under like 65% of Super
[13:44] Bowls, the under two and a half passes.
[13:47] Well, let me tell you, it didn't go
[13:48] under in last year's Super Bowl cuz uh
[13:50] you know who bet it? Uh this guy right
[13:51] here. So,
[13:53] >> and and it was only because the backup
[13:55] came in, right?
[13:56] >> Yeah. Yeah. It wasn't even the trick
[13:57] play or anything. It was uh
[13:58] >> Right. I would agree though. It's more
[14:01] likely that somebody might be holding
[14:03] something in their bag that they maybe
[14:05] they're desperate. They have to pull
[14:06] something out. But historically, I mean,
[14:09] I know it's hit the last three, maybe
[14:12] four years, but historically, I'm pretty
[14:14] sure it's a it's a it's runs it runs
[14:18] higher than it would in the regular
[14:19] season, but it still goes under a lot
[14:21] more than it goes over,
[14:23] >> right? And that's why it's good to put a
[14:24] number on it is because you can look at
[14:26] and say, okay, maybe there is a 10% more
[14:28] likely chance that a second person
[14:29] throws a football, but there's certainly
[14:30] not a 50% chance. So, that's why it's
[14:32] helpful to kind of create those numbers
[14:34] and then look at the market. People just
[14:36] really love bets that can can turn in an
[14:39] instant so that you're always on the
[14:42] cusp of potentially winning that bet.
[14:44] And people like bets that settle very
[14:46] simply and very quickly, which is why
[14:49] we've seen such a rise in the popularity
[14:51] of betting on things like the coin toss
[14:53] in the Super Bowl. We see odds here po
[14:56] posted on the coin toss. Now, when I
[14:58] first got into betting, it was very rare
[15:00] I it was more rare, I think, to find
[15:01] less juice like this on the coin toss.
[15:04] you would still see like - 105s - 110s.
[15:06] Here we see it posted at - 104 on each
[15:10] side. The Super Bowl coin toss odds
[15:12] posted and Bryce at Bryce Lotto says
[15:14] betting on a coin toss at 49% with the
[15:17] dying rose emoji essentially saying how
[15:20] how stupid that would be to bet on it at
[15:22] 49%. Uh obviously an incredibly popular
[15:26] market for people for the reasons I
[15:28] described. It's like why first basket
[15:29] bet are so popular. want the bet to be
[15:31] over quickly and settle very simply. Uh
[15:35] Mike, how do we feel about people still
[15:37] betting this? Like, you have to know
[15:39] this is a bad bet. Why do we see people
[15:41] still betting this in 2026? Uh people
[15:44] play roulette. People play tons of card
[15:46] games at the casino that are purely
[15:48] chance games. I don't understand why
[15:51] this is any different. To me, it seems
[15:53] like a boring bet, but I also don't like
[15:54] roulette. So, you know, I like a game
[15:57] where even if I don't have input, I can
[15:59] feel like, you know, I'm making a
[16:01] difference versus market. And uh maybe
[16:03] in the Super Bowl, it's hyper efficient.
[16:05] I don't have any kind of edge versus
[16:06] market, but I at least like betting my
[16:08] opinion and kind of having somewhat of
[16:10] a, you know, think of that I'm doing
[16:12] something different as opposed to pure
[16:14] chance. But this is one of those where I
[16:16] don't I mean they're charging this kind
[16:18] of vig on everything and people just
[16:20] don't seem to notice for some reason uh
[16:22] when it's a regular team and now they do
[16:23] it for a coin toss and everybody loses
[16:25] their mind. So I don't know people like
[16:27] games of chance and if you're doing this
[16:29] or if you're betting actual sporting
[16:31] event it's still kind of the same
[16:33] process. So I get why people do it. I
[16:35] just it's not for me.
[16:36] >> Mike definitely not a roulette player
[16:38] but he definitely is a craps player. So
[16:40] maybe you'll you'll find him there if
[16:42] you ever see him in a casino. Uh over to
[16:44] you Kenishh on the topic of the coin
[16:47] toss. How how do you feel about it?
[16:49] >> I mean I think two things. One you can
[16:52] if you're really I mean there's a lot of
[16:54] places out there now that'll have the
[16:56] coin toss at like minus 101. Sometime
[17:00] sometimes you even find a place doing it
[17:01] like promotional to want to like to give
[17:03] it to you at plus 100. Um, I think the
[17:07] the issue you have with a lot of people
[17:08] is like if you're a FanDuel, a lot of
[17:10] people are one book people, which I know
[17:12] we always tell people to get as many
[17:14] out, but like it's just the way it is.
[17:16] So, if you're you're a FanDuel guy and
[17:19] you got your balance there and you want
[17:21] to bet the coin toss or you want to
[17:22] throw it in your SGP,
[17:24] you're just going to flip it in. NSPB's
[17:27] saying, you know, same thing where like
[17:28] if someone's putting SGP together,
[17:31] that's going to be 30 to one. They don't
[17:33] give a [ __ ] that, you know, if they put
[17:35] heads or tails in there, if it should
[17:37] have been, you know, plus 100, it'd be,
[17:38] you know, 31.29
[17:40] to one instead of 30, you know. So, I I
[17:43] just think it's one of those the vast
[17:44] majority of people that are betting it
[17:46] really, you know, there's no edge.
[17:48] Sharps aren't caring about this. So,
[17:50] it's like people are just throwing it
[17:53] up. And so I I again I I I'm with you. I
[17:56] thought you did a nice job with the lead
[17:57] in where people just want to bet the
[18:00] coin toss and have it in there. And so
[18:03] hey, I'm not going to kill anybody for
[18:05] it. It it's just like it it's very hard
[18:08] to explain like the the quantifying like
[18:11] the odds and the edge and maybe lack of
[18:13] an edge on certain bets. But I think for
[18:14] the coin toss, I think what people why
[18:17] people call it out is because such it's
[18:18] such an easy way to explain this is
[18:20] literally a 50/50 event and you are
[18:23] betting on it at worse than 50% odds.
[18:25] You are you are guaranteed to lose on
[18:27] this in in the long run. It might work
[18:29] out for you this time, but in the long
[18:31] run again guaranteed to lose at at that
[18:33] sort of price. Uh China, what are your
[18:35] thoughts on it?
[18:36] >> I'm a heads guy. I bet the coin costs
[18:40] every every every year. My buddy is
[18:42] Tails never fails and we just bet we bet
[18:45] each other fig free every year for a
[18:47] couple hundred bucks. So
[18:48] >> I don't know. I I think
[18:51] >> Yeah, I think all these books probably
[18:53] should be offering like, you know, just
[18:55] even money on the coin toss just as a
[18:57] promotion just to throw it in there. I
[18:59] mean, there's a million other bets that
[19:01] are going to Yeah.
[19:03] >> Okay.
[19:03] >> Or like throw it just a minus 101 or -
[19:06] 102, you I I again we're talking pennies
[19:09] here but like minus 104 seems a little
[19:12] uh you know a little maybe maybe you
[19:15] didn't have to go there but yeah I
[19:17] trying to say I think just people are
[19:18] just going to throw this in I don't
[19:20] think people are lining up out there to
[19:22] go like I want to do 10k on the coin
[19:24] toss it's I want the coin toss with you
[19:28] know Drake May anytime touchdown and
[19:30] Patriots to win and uh you know eight
[19:32] other things that hopefully will lose
[19:34] when the Seahawks you know win by
[19:37] Uh that that is good though. On the
[19:39] topic of promotional stuff, I've seen
[19:41] books in the past offer maybe one side
[19:43] at like plus 100. Uh what I do find
[19:45] interesting is that typically every year
[19:47] one of the most bet things in the Super
[19:50] Bowl is tails rather than heads. Like
[19:52] it's always tails seems to be the mo
[19:53] more popular choice for people to bet
[19:56] for whatever reason. Maybe it's just
[19:57] because the saying of of tales never
[19:59] fails. But I I do wonder why we don't
[20:02] see more books run promotions like this.
[20:05] They can give you neutral EV and if you
[20:08] win the bet, you're more likely to
[20:09] continue spending on a really bad bet of
[20:12] the Super Bowl at much worse EV than a
[20:14] minus 104 coin shots for example. And if
[20:16] you lose, I know this is very shady, but
[20:18] like are you not more likely to chase
[20:20] the bet just from already betting? Um,
[20:22] that's my theory. Mike, you wanted to
[20:24] add something there.
[20:25] >> That's some diabolical stuff there,
[20:27] Jacob, for hoping it loses.
[20:30] the amount of [ __ ] they do. Like, you
[20:32] don't think this this doesn't like seem
[20:34] like an easy way to make, oh, we're
[20:36] being good guys. You can bet the coin
[20:38] toss at even odds. And it makes people
[20:40] more incentivized to bet whether they
[20:42] win or lose. I would I would think I not
[20:44] that I've studied this or anything.
[20:45] >> Yeah, I I think that uh you know, good
[20:48] for any books taking a principal stand
[20:50] against putting up the coin toss there,
[20:52] but if you are going to put it up, why
[20:54] not throw it up at all 100? Just let the
[20:56] people bet it. And it like it's to it
[20:59] doesn't actually do any consumer harm to
[21:02] charge minus 104 to be clear. We're
[21:03] talking about like you know the person
[21:05] who drives a little bit extra in order
[21:07] to get gas at 3 cents cheaper. And it's
[21:09] like what are we doing here? But it's a
[21:12] nice thing that you could throw your
[21:13] customers away and you could promote the
[21:14] hell out of it and you know it's plus EV
[21:16] or it's you know negative it's neutral
[21:18] EV for you as a book. So yeah I I think
[21:20] it's probably a decent marketing
[21:21] opportunity for some of these places.
[21:23] >> Yeah. I I I think we'll see at least
[21:25] somebody offer it. I I I've seen in the
[21:27] past books offered on one side. You can
[21:29] get one side at the boosted odds at plus
[21:32] 100. Go ahead, Ch.
[21:33] >> I got I got something to add here. So,
[21:36] the smartest thing any of these books
[21:37] could do is offer one side at like minus
[21:40] 110, offer even money at the other side,
[21:43] and you know, all the dons on gambling
[21:45] Twitter are just going to bet the minus
[21:46] 110 side because they're going to say
[21:48] it's rigged. So, I mean, that's
[21:50] >> that's, you know, that's interesting as
[21:52] well. There's a lot you could do with
[21:53] this rather than just offer it at the
[21:55] simple minus 104. I I'll bring up
[21:57] something that Rob always says, uh, CEO
[21:59] of the hammer when it comes to the coin
[22:01] toss, is that as as as dumb as it seems
[22:03] to bet at 49% for a 50% possibility of
[22:08] an outcome. Of all the things people
[22:10] bet, like, you know, for there to be a
[22:12] safety, for there to be an octopus, this
[22:14] might be the highest EV they have on any
[22:17] wager on their ticket or all their
[22:19] tickets for the entire night because
[22:21] they're only getting it at a very slight
[22:23] negative edge when a lot of the other
[22:24] things they could be betting are at a
[22:26] very large negative edge. Uh, you guys
[22:29] agree with that?
[22:31] >> Yeah, but there's something to at least
[22:32] having the joy of coming up with a
[22:34] handicap. Like that's why people like to
[22:36] sports bet, right? is because they want
[22:37] to put their opinion to the test. You
[22:39] don't have an opinion if you're betting
[22:40] the coin toss. I get that they're not
[22:43] actually, you know, it's all pure chance
[22:45] if we're being realistic with it. But
[22:47] let people have their fantasies of
[22:48] picking.
[22:49] >> Some people consider coin toss to be
[22:51] their opinion. They they think it's it
[22:52] tails never fails. Like like China said,
[22:54] he always goes for heads. Uh, I will say
[22:57] if you do if you are at a Super Bowl
[22:59] watch party and you actually do want to
[23:00] bet on the coin toss, uh, as China said,
[23:04] maybe there's a way you don't have to
[23:05] pay any vague in order to actually make
[23:08] that coin toss wager that you want to
[23:10] make. And, um, I would listen, I'd
[23:13] advise against betting the coin toss,
[23:15] but I was I was once a DJ who did bet
[23:17] the coin toss. So, uh, we've all been
[23:19] there in the past. Uh, maybe maybe we've
[23:21] all been there, but but I would say I
[23:23] certainly have. Uh, we're going to keep
[23:24] it moving on the show in just a second
[23:26] here. Let's get a word in from our
[23:28] friends here at the main channel here of
[23:31] the Hammer Bag Network, The Hammer HQ,
[23:33] where we run the Hammer Daily Show. If
[23:35] you're a person who likes to fire on all
[23:36] kinds of sports every day, we have the
[23:38] perfect show for you. The Hammer Daily
[23:40] with Jason Cooper goes down Monday to
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[23:46] for hockey. Plus, we talk golf, tennis,
[23:48] and college sports, too. It's the Hammer
[23:50] Daily with Jason Cooper on the Hammer HQ
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[23:57] yourself subscribed on YouTube today.
[24:00] Next up, we are sticking with the Super
[24:02] Bowl. Shady Bee posted this. Uh he's a
[24:05] person who likes to give out bets on
[24:08] gambling Twitter. Uh we've we've clowned
[24:10] him in the past. We've supported some of
[24:11] his takes in the past, but here he has
[24:13] one on how to get the Seahawks at plus
[24:16] money for the Super Bowl. The Seahawks
[24:18] obviously the betting favorite right
[24:19] now. He says Ohio State money line, Duke
[24:22] money line, both in college basketball.
[24:24] Seahawks money line on a parlay plus
[24:26] 101. Boom. You just got the Seahawks at
[24:29] plus money. Ohio State and Duke both won
[24:32] their respective games at - 800 and -460
[24:36] which gives now the Seahawks not well
[24:38] granted not quite at plus 101 here. More
[24:40] like minus 101 with the with the bet
[24:43] that he actually placed but still we'll
[24:45] say close. Uh that's to get the Seahawks
[24:47] at even money even money for the Super
[24:50] Bowl. So we've seen things like this not
[24:53] work out in the past, but how do we feel
[24:56] about this strategy, Kenesh?
[24:59] >> Okay, I'm going to be one. It's funny
[25:02] cuz this I think the offshore is using
[25:05] is like the modern version of five dimes
[25:09] which used to let you parlay futures.
[25:14] And so the amount of like heavy chalk
[25:20] money lines I'd put into some futures to
[25:23] juice them up like the amount of and I'm
[25:26] not saying these were like great but
[25:27] this was like the thing that like no
[25:31] other books would let you do in this
[25:34] instance it's like a single game. You
[25:36] know what I'm saying? So here so but are
[25:39] you you never hear about I got a buddy
[25:43] that like who I bet with that people
[25:44] would know on Twitter CK uh who would do
[25:49] these like like crack like every week on
[25:52] this but you never hear he would never
[25:54] share he'd always you know send
[25:56] screenshot oh I got this new you know I
[25:58] got uh the you know the the Gonzaga to
[26:01] win the tournament now at 86 to1 and
[26:03] stuff but you never hear about the
[26:05] losers when people do this where like
[26:08] all it takes is one, you know, like uh
[26:11] heavy juice soccer game to go the wrong
[26:13] way and uh you're you're you're out of
[26:16] luck here. So I are you actually getting
[26:19] EV in this strategy? I would say no. In
[26:23] certain instances though,
[26:27] I've employed the strategy in the past.
[26:29] We'll say that. But not not for like a a
[26:33] straight game money line like that. more
[26:36] to take a future that might be 30 to1 or
[26:38] 40 to1 and get it to, you know, try and
[26:41] get it to 100 or 200 or that type of
[26:43] thing.
[26:44] >> Okay. Uh interesting. Uh I'll go to Mike
[26:47] here next. What do you think about a
[26:49] strategy like this?
[26:51] >> Uh this is great until it isn't on all
[26:55] >> kind of like, you know, get the better
[26:57] price live. heads like all these things
[26:59] where I'll just make the odds a little
[27:02] bit better by adding this in and then it
[27:04] almost always blows up in your face. Uh
[27:07] I've had uh I a lot of times I will
[27:10] parlay stuff with large money favorites
[27:12] in order to kind of hide action. Um I
[27:14] hope that's pretty common occurrence. So
[27:16] I don't think I'm giving anything away
[27:17] there. I hope not. But um and when the
[27:20] like dummy leg loses, let me tell you
[27:22] that is just so painful to watch.
[27:26] Especially when you're non dummy leg
[27:28] wins and your dummy leg loses, it almost
[27:31] counts as two losses. So yeah, this is a
[27:34] you know a great example until it isn't
[27:35] for Shady B. At least he did take the
[27:38] other two bets first. So if he loses, he
[27:40] can double down and lose twice as much.
[27:42] >> True. That's true. Uh what about you,
[27:44] China? How do you how do you feel about
[27:45] this? Yeah, it's good to use in certain
[27:48] scenarios like Mike was saying. It was
[27:50] a, you know, this is something we used a
[27:51] lot this year betting props where, you
[27:54] know, where we got our hands tied and
[27:56] can't bet props in certain places. You
[27:58] throw in a minus 3,000 with a prop and
[28:02] now maybe you can get five to six times
[28:04] as much on a ticket. Spread them all
[28:06] out. There you go. But I mean, at the
[28:10] end of the day, like like um Kenish
[28:12] said, you just you never hear about the
[28:14] losers unless it's Fezic posting Purdue
[28:17] money line for the tournament, you know,
[28:19] like
[28:20] >> so uh I do so I do agree there are
[28:22] instances where this can work. I don't I
[28:25] don't mean to be slanderous here. I
[28:26] don't think this is an example of Shady
[28:28] Bee, you know, gaming the system a
[28:30] little bit. He is betting a Super Bowl
[28:32] money line after all. But if you are a
[28:34] really good sports better, you are
[28:36] winning sports better, like China said,
[28:38] this could be a way you get more money
[28:40] down. As actually Jeff Vineberg on the
[28:42] Monday show two weeks ago did this while
[28:44] we were live to help get himself a
[28:46] little bit more down on a golf outright
[28:48] that he wanted to make. But also, you
[28:50] can mask sometimes your good bet with a
[28:54] parlay like this where maybe a trader
[28:57] isn't going to care as much about a
[28:58] parlay rather than you make, let's say,
[29:01] a player prop that moves a lot. Maybe
[29:03] that doesn't get picked up as easily
[29:05] when it's mixed with two other heavy
[29:08] favorites on on player props, for
[29:10] example, for SGPs. So, I don't think
[29:12] that's an example of this, but there are
[29:14] situations where you can employ this to
[29:15] your benefit. That's right. You use it
[29:18] to hide the garbage play. So, the
[29:20] garbage that you want to get in that's a
[29:21] high ROI. You know, they don't want the
[29:24] bet to come in. That's what you use to
[29:26] hide it. You don't use it to hide your
[29:27] Super Bowl bet or to give your Super
[29:29] Bowl bet odds. You're just giving
[29:30] yourself more juice. So yes,
[29:32] >> yeah, there's a difference between using
[29:34] it to hide stuff and using it to give
[29:36] yourself fake good odds.
[29:38] >> Absolutely. That'll take us into the
[29:40] next topic. We're sticking with
[29:41] football, but we're now coming off of
[29:43] the Super Bowl. We're going to talk
[29:44] about the NF, sorry, the Pro Football
[29:47] Hall of Fame. Not quite sports betting,
[29:48] but I think just a large enough topic as
[29:50] a whole that we need to cover this. Um,
[29:54] Seth Wickers along with many other
[29:56] people provided the reports that Bill
[29:58] Bich is not a first ballot hall of
[30:01] famer. He did not get elected in. The
[30:03] eighttime champion failed to get 40 out
[30:05] of the 50 votes required for the
[30:08] induction. I I just love this. Jimmy
[30:10] Johnson, Pro Football Hall of Fame head
[30:12] coach, quote tweeted this. He said, "I
[30:14] would bet that if the Hall of Fame votes
[30:16] were public, very few of the [ __ ]
[30:18] that did not vote for Bill Bich would
[30:20] come forward. Already some are lying
[30:22] about their vote. And the problem is he
[30:24] quote tweeted a video of Ky Fairbar
[30:27] hitting a field goal uh for the Texans
[30:30] against the Patriots. Uh I I just this
[30:34] is so funny. Uh I don't know how you
[30:37] even how is this video even in your
[30:39] timeline at all like a over a week later
[30:42] to be able to quote tweet it and you're
[30:44] so angry. He was so angry he didn't know
[30:47] he was quote tweeting this. did post a
[30:49] second quote tweet which was under the
[30:52] correct tweet where he was saying he
[30:54] wants the people to come forward who who
[30:56] didn't vote for Belichc because at the
[30:59] moment uh these votes are private uh
[31:02] because this mentions that uh some of
[31:04] the influence on Bill Bich not being a
[31:06] first battle hall of famer was his
[31:08] presence in Spygate and deflategate and
[31:11] this was some somewhat of a punishment.
[31:13] Let's go to our Patriots fan here uh
[31:16] China. Uh, I'm sure you're not pleased
[31:18] about this, but go through your emotions
[31:20] on it.
[31:21] >> Well, it's just in general like the
[31:23] football hall of fame, it's it's it's
[31:25] weird. Kind of like the other Hall of
[31:27] Fames. The the the voters, they have
[31:30] these sick agendas and they want to
[31:32] punish people. Like I think I remember
[31:34] Terrell Owens didn't get in on the first
[31:36] ballot.
[31:37] >> Yeah.
[31:37] >> And he's arguably, you know, a top three
[31:39] receiver of all time. It feels like they
[31:42] get a million guys in every year, but
[31:45] somehow like you know, Mike Shanahan's
[31:47] not in the Hall of Fame. Reggie Wayne's
[31:49] not in the Hall of Fame. I could go on
[31:51] and on with these lists, but if anybody
[31:53] is a first ballot hall of famer, I mean,
[31:55] it's the guy that's coached in 20% of
[31:57] the Super Bowls, who's won more Super
[31:59] Bowls than anybody, and the guy who
[32:01] launched Tom Brady's career. I mean, Tom
[32:03] Brady could be stocking shelves if uh
[32:05] Bellich didn't elevate him from the uh
[32:08] you know, the the he was the third guy
[32:10] on the depth chart. Move moved him up
[32:12] the depth chart, started him over a
[32:13] healthy Drew Bloodso in the Super Bowl,
[32:15] and then you know, the rest is history.
[32:17] So, at the end of the day, you know,
[32:19] people want to point to the taping of
[32:21] teams practices, which never happened,
[32:23] was never proven. The football inflation
[32:26] thing was debunked, and yes, they did
[32:28] record signals, but so did every other
[32:30] team in the league. He they only got
[32:32] turned in because the the guy on the
[32:34] other sideline I think it was Eric
[32:36] Manini who used to coach with Bellichic.
[32:38] So I don't know pretty much it's just a
[32:41] punishment for dominating the league for
[32:43] 20 years and for kind of being smug with
[32:46] the media but at the end of the day I
[32:48] mean of course he's going to get in. But
[32:50] not to get in on the first bell it's
[32:52] crazy. But I did see one point today
[32:54] from a guy who did have a vote and his
[32:56] reasoning was there were guys that were
[32:59] going to fall off the ballot if they
[33:01] didn't get voted in this year. And
[33:03] that's like the only semi-logical reason
[33:06] somebody could actually give for not
[33:09] voting Bellich in.
[33:10] >> Yeah. But that I can kind of understand.
[33:13] But at the same time, there are other
[33:14] people on that you could be voting for
[33:18] or not voting for rather in that
[33:19] instance. Like this is like this is a
[33:21] this is a surefire no doubt first bout
[33:23] Hall of Famer like that this is probably
[33:25] a top three example of any coach who
[33:28] ever should have been first bout Hall of
[33:30] Fame. Like I I I don't know if there
[33:32] were there were odds up for this but I I
[33:34] the odds must have been astronomical for
[33:36] for Bellich to be a first bout of famer.
[33:39] Uh Kenish go over to you your thoughts
[33:41] on this as a as a non Patriots fan.
[33:45] I I mean I listen I'm not going to
[33:47] pretend I'm you know was ever you know
[33:49] big Patriots guy but you respected you
[33:52] know like the the greatness and what he
[33:54] did and this is what happens when you
[33:57] when you don't have public votes like
[34:00] when you don't have people like people
[34:02] don't in the MLB Hall of Fame if you
[34:04] were going to not vote Bonds or one of
[34:07] the steroid guys out there one you had
[34:09] at least a little bit more of a
[34:10] rationale and a case and two the voting
[34:14] get the votes kind of released and
[34:15] public like when you let people hide
[34:18] under the cloud of anonymity. This is
[34:21] what happens. I guarantee I guarantee if
[34:25] the votes were public, this does not
[34:27] happen. Because if you came out and
[34:30] you're like now you're getting shamed
[34:31] and trolled and like you're getting uh
[34:34] you know, China and all his boys showing
[34:35] up, you know, at your at your lunch and
[34:37] you know, putting you into the the room,
[34:39] you know, the the wall in the bathroom
[34:41] and saying, "Why don't you vote for
[34:42] Bellich?" Then you wouldn't be uh you
[34:45] know, you this wouldn't happen and it
[34:47] shouldn't happen. So I I agree. I hate
[34:49] the lack of accountability. And Bill
[34:52] Polon, absolute snake. I can't remember
[34:56] who I voted for. Get out of here, you
[34:59] [ __ ] schmuck. Yo, you you cost Payton
[35:01] Manning most of his career cuz you're
[35:02] such an idiot. You had the some of the
[35:04] worst takes ever on Lamar Jackson and
[35:06] stuff. And now you're like, you know,
[35:09] wanting to play uh you know, uh like the
[35:12] the
[35:13] puppet master behind the scenes to not
[35:15] get Bellichic on first ballot. So, uh,
[35:18] this is disgraceful.
[35:20] >> Uh, let's go over to you, Mike. You can
[35:22] either like give your take on this or
[35:24] maybe we can kind of like extend the
[35:26] conversation a bit further into do you
[35:27] think these votes should be made public?
[35:30] >> I do kind of worry that when you make
[35:33] the votes public, there becomes an
[35:35] automatic peer pressure for everybody to
[35:38] get in. There is a this guy didn't vote
[35:41] for who blank and you know, you get
[35:43] people mad. You get this, you get way
[35:45] more group think. Um, so in general, I
[35:48] don't know if I'm for the committee kind
[35:51] of publicly displaying their votes. What
[35:53] I will say is if you have a committee
[35:56] who doesn't put Bill Bichc in, then you
[35:59] need to either then you need to get rid
[36:00] of the committee is what you need to do
[36:02] is you need to get new members. It
[36:03] doesn't matter if those votes are
[36:04] public. I don't want those people either
[36:06] these people are incapable of making the
[36:08] vote themselves and then we're just
[36:10] going to have a kind of group think
[36:12] pressure to make them correct when the
[36:14] real answer is get people who can
[36:15] actually do the job and do it
[36:17] competently. So um you know I think like
[36:19] a good example is this is the NBA hall
[36:21] of fa or it's the basketball hall of
[36:22] fame has Mo cheeks in it. There is no
[36:24] world you know all respect to Mo cheeks
[36:27] where he should be a hall of famer in uh
[36:29] basketball but they've now allowed
[36:31] basically everybody in so the bar gets
[36:32] lowered. I'm okay with having a high bar
[36:34] to get in, but like this is the
[36:36] obviously the greatest coach of all
[36:38] time. If there's one person who needs to
[36:40] be in, it's him. Do we think, here's a
[36:43] theory that you know, China said that
[36:46] somebody may have not included him
[36:47] because they needed to get somebody else
[36:48] on. Do we think there was a couple
[36:51] people who all were like, "Well, of
[36:53] course, [ __ ] Bellich's going to get
[36:54] in." Like, they thought that they could
[36:57] not use their vote on Bellich because he
[36:59] was already clinched a spot. and then
[37:01] they tried to get other people in.
[37:03] >> Every year there's going to be somebody
[37:05] who's about to lose their eligibility.
[37:07] Like you're just delaying this problem
[37:09] another year if you don't solve it now.
[37:11] >> Could he have been such a slam dunk that
[37:14] they thought I get X votes, he's going
[37:16] to get in anyways, let me just go ahead
[37:18] and not waste my vote, you know, in
[37:21] another sent.
[37:23] >> No, because I don't think they do it
[37:25] like the B like baseball. I think you
[37:27] mail your ballot in football. I think
[37:29] they all congregate and go into one
[37:32] meeting room and they discuss it
[37:34] >> then. That's insane. Okay. You know, I
[37:36] now that I'm learning that everybody on
[37:38] the committee gone. Everybody. Not one.
[37:40] >> I'm pretty I'm I'm like pretty sure
[37:42] that's how they do it. They go into a
[37:44] room and they all talk it out and I from
[37:47] the reports I think Bill Polon was very
[37:50] vocal about not not getting him in.
[37:53] >> That's what it says here. I also didn't
[37:54] realize they all sit in a room together.
[37:57] It just gives me like this 12 Angry Men
[37:59] vibe where Polon can kind of show up. 49
[38:02] people are like, "Okay, we're obviously
[38:04] voting for Bill, but he's like, "Well,
[38:06] hang on. Just let me try and convince
[38:08] you guys about this right now." And I I
[38:10] don't know, Mike, you might be right
[38:11] that that might have been a factor where
[38:13] people thought like maybe like he should
[38:16] get enough votes anyways. If he doesn't
[38:18] this, he'll get another year. But I
[38:20] don't know. feels
[38:21] >> that was only if it was anonymous and
[38:23] they and the thought there would have to
[38:25] be everybody else is voting him in like
[38:27] I don't need to everybody else will get
[38:28] if they're in a room and they're
[38:29] deciding this I I got to say then Bill
[38:32] Pollon we do need to employ him in some
[38:34] kind of sales role if you can Bill Bich
[38:37] not getting in like that's a man who can
[38:39] sell [ __ ] snow to an Eskimo you know
[38:41] >> obviously like we do understand the
[38:42] prestige of getting like Bill Belch's
[38:44] going to get in but like we do
[38:45] understand the prestige of getting in
[38:47] for his bout like that's just that's
[38:48] just like it's like a unanimous MVP P
[38:50] type of thing. Like it's a little bit
[38:52] more special when you accomplish defeat
[38:53] in in in such a convincing manner that
[38:56] uh again it does it does matter here. Uh
[38:59] I I kind of like this just this reminds
[39:02] me of like the way UFC treats like refs.
[39:04] If there is a if there is a about that
[39:08] it's very clearly this person won and
[39:10] one of the judges says the other person
[39:12] won, they will just remove him from
[39:15] being able to judge any fight for the
[39:16] rest of the night pretty much. So, I
[39:18] think we need to have that kind of cut
[39:20] up stuff here. If you didn't vote Bill
[39:21] Bellichic, like you probably shouldn't
[39:24] be voting going forward. That That's how
[39:25] I feel about it. So, we can move forward
[39:28] here. I do want to highlight though, I
[39:30] don't know if Bellichic was listed here
[39:32] previously, but Khi does now have a
[39:35] market up where you can predict who is
[39:38] going to be nominated for the 2026 Pro
[39:40] Football Hall of Fame class. You have
[39:42] people like Drew Brees at 99%. I I have
[39:45] to feel like Belichc would have probably
[39:46] been 99%. People like Luke Keequley at
[39:49] 74%, Larry Fitzgerald at 92%, and a
[39:52] whole host of other names you can take a
[39:54] stab at here. Again, you can do so by
[39:56] going to Cali. There's so many other
[39:57] great markets available, especially for
[39:59] the Super Bowl. You can sign up today
[40:01] with the QR code that is on screen or by
[40:03] going to the link in the description. If
[40:04] you're listening in audio form, you can
[40:06] do it if you're in video form as well if
[40:07] you think that's a little bit easier.
[40:09] you can get signed up to Cali today, get
[40:11] involved with a great product and
[40:13] support the show at the exact same time.
[40:15] But next up on the show, we're going to
[40:17] go to a couple comments that I wanted to
[40:19] highlight from the previous week's show.
[40:20] As always, comment something down below
[40:22] if you haven't taken anything that we
[40:23] speak about. Chum43 said, "As a lover
[40:26] and follower of chess, the poker/math
[40:28] conversation reminds me of what people
[40:30] said about computers solving chess with
[40:32] math optimization back in the day. Some
[40:34] might still argue me on this, but
[40:36] generally in the chess world, it has
[40:38] only made things more interesting and
[40:39] popular. Sometimes you need to add some
[40:42] nuance and complications and new angles
[40:44] to keep a game interesting. AI quote
[40:46] unquote solving chess mathematically
[40:49] certainly hasn't homogenized the game,
[40:51] nor ruined the competitive nature and
[40:53] fun of the game, but it has increased
[40:54] its popular led to a lot of interesting
[40:56] innovation. There was a time when
[40:58] checkers was more popular than chess.
[41:00] Now there is no comparison. So I don't
[41:01] know. Was there really a time when
[41:03] checkers was more popular than chess?
[41:04] >> I don't know that one I read. I I don't
[41:06] know.
[41:07] >> I mean, I like checkers more, but it's
[41:08] just cuz I'm too stupid to play chess.
[41:10] So,
[41:11] >> for six-year-olds, maybe like what?
[41:13] >> Yeah. Maybe in third grade.
[41:14] >> Also, AI didn't be didn't solve uh
[41:18] chess. Chess was in like solved by
[41:20] computers way before AI.
[41:21] >> Yeah. Yeah. Uh likely I just quick
[41:24] Google. Checkers likely held higher
[41:27] popularity chess among the general
[41:28] public at various points due to its
[41:29] simpler rules especially in the 1800s.
[41:32] Oh uh I don't say I don't know anyways
[41:36] on the point of it the the the comment
[41:38] the comment is on the math side of it we
[41:41] spoke about last week how we don't
[41:43] believe that bringing math more to the
[41:46] forefront of poker play is going to
[41:48] allow it to become more popular whereas
[41:51] Chum here says that that actually did
[41:53] help chess become more popular. Uh I can
[41:57] understand the theory. I I guess we'll
[41:59] get your take on it Mike. I'll say mine
[42:01] first of all. I I feel like in the like
[42:04] in a nondispectful way, the the people
[42:07] that are playing chess are different
[42:10] than the people that are playing poker.
[42:11] Uh what do you think?
[42:13] >> I mean, amen to that.
[42:16] >> Not trying to be disrespectful. I'm just
[42:18] I I think factually speaking, that's how
[42:21] I feel. Go ahead, Mike.
[42:22] >> Once Matt started to get involved in
[42:23] chess, then we started having, you know,
[42:25] Bobby Fischer go crazy and going on
[42:28] crazy rants and disappearing. I I don't
[42:30] know. I is what the world we want poker
[42:32] to become like is chess. Is that like
[42:33] what we're shooting for if as the poker
[42:36] world? I don't think so. So I I again
[42:38] disagree. I think that people want to
[42:40] play poker for way different reasons
[42:42] than worrying about the math. Um the
[42:44] people who play chess
[42:46] let them play.
[42:47] >> Yeah. The poker boom was driven solely
[42:50] by like financial opportunity where
[42:54] there isn't really that opportunity in
[42:58] chess. Um, I mean, even if you make it
[43:00] to like
[43:02] >> Okay, but you got to be in the
[43:05] >> I I think we're talking like
[43:07] >> But up until like was it 2003, you would
[43:10] have said about poker as well. It's not
[43:12] like anybody can just roll in and win,
[43:14] >> but you can play home games.
[43:16] >> Nobody's just playing for 10 bucks a
[43:18] game of chess, you know, unless you're
[43:20] in the
[43:21] >> I don't know. Go through like just go
[43:23] through some some like parks in New
[43:25] York. You probably will find games you
[43:26] can play for money for chess. I just but
[43:28] I think we're talking significant orders
[43:30] of magnitude. I think your typical chess
[43:33] player does not play chess for a
[43:36] financial gain
[43:36] >> for the love of the game.
[43:38] >> Yes.
[43:39] >> Poker people are playing for the
[43:41] incentive.
[43:42] >> Yes. So I I think that you got very as
[43:44] you said very different crowds of people
[43:47] that are into these two things.
[43:49] >> Okay. How about you China? What do you
[43:50] think?
[43:51] >> Yeah. like poker was driven the the
[43:53] poker boom was driven by the characters
[43:55] and the unpredictability of the play. If
[43:58] anything, the math and the the the
[44:00] solvers and the AI that has come into
[44:02] poker has made it very very boring in my
[44:05] opinion. So, you know, you look at
[44:08] chess, I would guess it would be the
[44:10] same way unless you're like one of these
[44:13] top, you know, 50 nerds that are playing
[44:17] for these championships every year. But
[44:19] they're all I think they're all like
[44:21] anti that stuff too because people are
[44:23] starting to bring devices into the games
[44:25] that buzz and and cheat cheat as they're
[44:28] playing. So
[44:29] >> I don't know any type of math that is
[44:31] brought into any game even sports
[44:33] betting it just makes it worse for the
[44:36] average person. The only thing I would
[44:38] counter there is and somebody it's going
[44:42] to have to be PB to check me on this cuz
[44:44] I I think in poker
[44:47] like there's only a solver is much
[44:50] easier to make the game significantly
[44:52] less variant. Whereas in chess, your
[44:57] your amount of combinations and variance
[45:01] is so significantly higher that I don't
[45:05] think that would impact
[45:08] the the quality of play or the content
[45:12] if that's what I'm like if you're
[45:14] watching a chess match versus a p I I'm
[45:17] I'm with you China where I think the
[45:19] solver method you have so many people
[45:21] playing the same way in poker now it
[45:24] becomes
[45:24] much more boring. Whereas I don't know
[45:27] if that's as much of an issue in chess
[45:32] >> if that theory makes sense.
[45:34] >> And maybe it doesn't.
[45:35] >> I don't know.
[45:36] >> I don't know. I I don't know how to play
[45:38] pok or I do know how to play poker, but
[45:40] I'd never played poker seriously and I
[45:42] don't know how to play chess really.
[45:44] other than
[45:45] >> I would get I would guess it's just much
[45:47] harder because even if you study all
[45:50] that stuff that the computers and the
[45:52] solvers are doing to actually have the
[45:54] brain to implement all of those moves I
[45:57] mean like we said computers solved chess
[45:59] like 30 years ago I don't know how maybe
[46:01] even longer maybe 50 years ago I'm not
[46:03] sure but to bring that in and actually
[46:05] implement a lot of those strategies is
[46:07] probably extremely difficult I would
[46:09] guess as well
[46:10] >> is chess considered like a solved game
[46:13] like
[46:14] like uh like like tic-tac-toe is a
[46:16] solved game. If you play it correctly,
[46:18] you you cannot you cannot possibly lose
[46:20] it. I guess it's not quite it. So
[46:23] >> I don't know. Could it be?
[46:25] >> Yeah. So chess is deterministic in that
[46:27] you could plot all the like the reason
[46:30] it was solved way before AI is you can
[46:32] just map out every single combination.
[46:35] >> Obviously much higher skill than
[46:37] tic-tac-toe. But
[46:38] >> yeah. Yeah. No, I know. But it's
[46:39] deterministic in the same way that
[46:40] tic-tac-toe is. And poker is not
[46:42] deterministic that way because you don't
[46:44] know what your uh counterparty can do
[46:45] and you know there's obviously different
[46:47] levels of raising and things like that
[46:49] similar uh
[46:50] >> and the level of unknown and you could
[46:52] predict what they have but
[46:54] >> yeah but you can't you can never uh they
[46:57] can you know there's basically unlimited
[46:59] combinations of uh people folding
[47:01] different people doing different things
[47:02] and so it's similar to if anybody wants
[47:04] to watch a good doc alpha go uh is when
[47:07] they train the first AI to play go um
[47:09] and they go into why it's so much harder
[47:11] to play bad versus chess and how chess
[47:13] is basically solvable like you said.
[47:16] >> All right, interesting conversation
[47:17] there. Uh we Hey, any chess experts
[47:20] watching, please enlighten us. Enlighten
[47:22] us as to further information on this
[47:24] topic. I do find it interesting. Second
[47:26] comment I'm going to feature here comes
[47:27] from uh Aka Cam 5716. Uh long comment,
[47:32] but just to summarize here, there a
[47:34] beginning better who started betting a
[47:36] year ago, transitioned from $5 [ __ ]
[47:38] parlays to arbing and promo scumming,
[47:40] which is a lot easier in Ontario in
[47:42] Canada because there are so many
[47:44] competing sports books who offer a lot
[47:46] of great promotions. Has gone through
[47:48] accounts betting in this way. um has
[47:50] talked about top down betting stuff and
[47:53] has get good access to accounts here but
[47:56] now wants to find the new level where
[47:59] they don't want to get limited so
[48:01] quickly with the top down approach the
[48:03] arbing approach etc. So uh we'll go over
[48:06] to we'll start let's say with China here
[48:08] what is the next step for the better
[48:10] that's kind of hit the ceiling with
[48:12] arbing and top down betting etc.
[48:16] find more accounts and link up with
[48:19] people that can win. That's it's that
[48:21] simple.
[48:22] >> Okay?
[48:23] >> Just you just got to keep finding more
[48:24] accounts. If I mean, if you're arbing
[48:27] your your accounts are going to get cut
[48:28] off. When your accounts get cut off,
[48:30] then what do you do? You just got to
[48:31] find more accounts, find more outs, and
[48:34] find people that can win actually with
[48:37] math that are using math to exploit the
[48:41] books holes.
[48:42] >> So, what would that sort of partnership
[48:44] like? What what could you offer there if
[48:45] you were a top down better in something
[48:47] like that? Just access to accounts.
[48:50] >> What if I was the top down better?
[48:52] >> Yeah.
[48:53] >> You're saying? Yeah. If I was the top
[48:54] down better, I I would get accounts and
[48:56] I'd bring them over I'd bring them to
[48:58] one of these two guys right here and I'd
[48:59] just say, "Hey, you want to fry these
[49:01] accounts for me and um you know, work
[49:03] out some kind of a deal."
[49:05] >> Okay. Uh how about you, Kenish? What
[49:07] what advice would you give in this
[49:08] scenario?
[49:09] >> Uh you know, this is this is tough,
[49:11] right? cuz I I will say, you know, great
[49:13] job to uh Aam here in terms of like you
[49:18] figured you figured it out, right? You
[49:20] figured out how to turn from just doing
[49:21] stupid parlays into like the the
[49:24] promoing and then oh top down like
[49:26] you've kind of made the natural
[49:27] transition from Square to like Wreck
[49:30] Plus and like made yourself some money
[49:32] doing that. The next step is probably
[49:37] what I would say is the hardest step. um
[49:41] in terms of a and I've you know I've
[49:44] gone through this too where you know a
[49:46] lot of accounts churn and that and the
[49:50] ability like
[49:53] how can I say this how I'm still going
[49:57] now is
[50:02] some of the relationships and deals and
[50:05] things I've made over the years through
[50:08] networking And that um that allows me to
[50:12] still and also you know to find a bunch
[50:13] of people that win in different
[50:15] locations. I
[50:18] when you say you know maybe try and
[50:19] become a mover for more experienced US
[50:21] better the the problems I would have it
[50:24] would be
[50:26] you know are you tied to then that one
[50:28] better and his success? How do you know
[50:30] he's going to be successful? Are you
[50:31] going to be able to keep getting fills
[50:33] from him? There's just a lot of
[50:34] logistics there that that might be
[50:37] difficult. Um I would tend to agree with
[50:41] China that like you know kind of
[50:43] accounts is like the end all. Um, but at
[50:46] some point you reach the threshold. I I
[50:49] call it the circle of trust where you've
[50:52] got your own, you've got then your
[50:54] family, your circle widens a little bit,
[50:55] your close friends, all people who you
[50:57] know won't steal your, you know, money
[50:59] from you or screw you over or you have
[51:01] good relationships with. Once you're
[51:03] outside of the circle of trust and then
[51:06] it's like friends of a friends or people
[51:09] you've met through the internet, that's
[51:12] when the risk goes up. And you just want
[51:15] to make sure as you expand that web that
[51:18] you're not putting yourself in an
[51:21] unadvantageous position where you could
[51:23] take, you know, big layowns or let's say
[51:26] you've made 50,000 from doing this so
[51:29] far. You don't want to, you know, extend
[51:32] yourself to that point with outside of
[51:36] the circle of trust and be at risk of
[51:38] like, oh, now I've lost everything
[51:40] because I trusted some people I
[51:42] shouldn't have or some accounts got shut
[51:44] down. That type of thing. That'd
[51:45] probably be the best advice I could give
[51:47] you. That's not super in the weeds.
[51:50] >> Okay. Uh, let's go over to you, Mike.
[51:52] What would be your advice to this
[51:53] person?
[51:54] >> Yeah. So, it sounds like you have
[51:55] accounts. um you know the total number
[51:57] of the money that you make is going to
[51:59] be the number of accounts you have and
[52:01] the number and how much you get from
[52:03] each account. Uh you're trying to
[52:04] increase how much you get from an
[52:05] account. You can either partner with
[52:07] someone to do it or you can you know try
[52:09] to do it yourself. Um either way it's
[52:12] going to take some kind of uh you know
[52:14] work on your end. Um and you just got to
[52:17] have to ask you know what do you provide
[52:19] as value. Uh it sounds like right now
[52:20] you have account so you got to find
[52:22] either someone to provide the other end
[52:24] of the value equation or uh work on it
[52:26] yourself.
[52:27] >> So the advice I've gotten previously
[52:30] like like Ken said this is like a the
[52:32] largest jump you're going to make. The
[52:34] advice I've gotten previously is that
[52:37] there is a bit of a misunderstanding of
[52:40] the bar for what you need to provide in
[52:44] in a partnership like this. If you're
[52:45] providing accounts for example and if
[52:48] you communicate efficiently, you pay on
[52:51] time and you provide like no problem to
[52:54] the other party, you are well above like
[52:57] the average person involved in the
[52:59] space. And that that that's again that's
[53:02] based on the advice I've gotten from
[53:04] people. Um I'm sure the other three
[53:07] people here can provide more context of
[53:09] something like that. But uh the barrier
[53:11] of entry seems to be especially if you
[53:14] have access lower than what it what it
[53:16] seems to be to take that next step. Um
[53:18] China, did you want to add something?
[53:21] >> No, I'm good. I think these guys hit it
[53:24] pretty pretty right. I mean, that's the
[53:26] the one thing I think Kenishh said was,
[53:27] "Yeah, it's just when you get past that
[53:30] circle of trust, you just got to tiptoe
[53:32] and make sure you know you you dot all
[53:35] your eyes and cross all your tees or
[53:37] you're you're going to you're in for a
[53:38] rude awakening if you're not cognizant
[53:41] of who you're dealing with and what
[53:43] they're up to."
[53:45] >> Yeah. And you're pro listen like
[53:46] everybody's going to get burned at some
[53:47] point. You know what I'm saying? So, but
[53:49] you got to make sure that you're not
[53:51] like cuz I I I can tell by the end
[53:53] there. It's like, oh, now I'm having
[53:55] trouble getting down or I'm not like I'm
[53:57] kind of The other thing could be I don't
[54:00] f find the next thing. You know what I'm
[54:01] saying? If maybe sports betting is not
[54:04] the, you know, like the the next thing.
[54:06] Find kind of the next, you know, like
[54:07] the like outside of this this web to
[54:10] kind of get into if you've kind of
[54:11] maximized what you have. But the the as
[54:14] you said the the wider the net gets the
[54:16] more risk you're going to have to one be
[54:19] willing to take where now if if I'm a
[54:21] you know if you're a top down guy or
[54:23] you're promo or you're arbing promos or
[54:25] you're arbing in just in general the
[54:27] risk is almost zero you know like you
[54:29] know you're going to win the next levels
[54:32] have much more risk where accounts from
[54:34] people I don't know that well getting
[54:36] filling bets from people that may or may
[54:38] not win. Um, and so you just got to be
[54:40] in the right position to take that risk
[54:42] and not you cannot have the same mindset
[54:46] when you're arbing and doing promos
[54:49] risk-wise as when you start doing some
[54:52] of this next level stuff because the
[54:53] stuff you were doing is guaranteed to
[54:56] win and the stuff you'd be doing now no
[54:59] longer has that guarantee. And like
[55:01] things if you're not, you know, risk
[55:03] adjusted, it can go south quickly. I've
[55:05] seen it go south on some on some people
[55:07] maybe even some people that have been on
[55:09] Circles Off before that
[55:11] uh you know some interviews in the past.
[55:14] So
[55:15] >> you'll never be able to find them. So
[55:17] >> Oh yeah, right. that may not be you may
[55:19] or may not be up anymore.
[55:20] >> Don't worry about it. You won't be able
[55:21] to watch that one. So uh
[55:22] >> but that's that's a great like Yes,
[55:25] you're right. You're right though. uh
[55:26] you can have uh a glowing reputation
[55:30] enough that it it is convincing that
[55:33] other people want to provide you the
[55:36] platform to extend that reputation even
[55:39] further and then it could all turn on
[55:41] you very quickly and it could all
[55:42] spiral. Uh maybe that's that's the
[55:44] lesson to get out of it. So again the
[55:46] risk involved with it but hopefully some
[55:48] good advice to to you watching anybody
[55:50] maybe could take that advice that is
[55:51] build today.
[55:53] >> Build slow. That's it. Yeah,
[55:56] >> there you go. Uh, we're going to move on
[55:57] with the show. If you're enjoying so
[55:59] far, got some value maybe out of that
[56:01] conversation or any other conversation
[56:02] we've had so far, make sure you hit the
[56:04] like button. Make sure you're subscribed
[56:05] to the channel. Keep up to date with our
[56:07] content. And if you're listening audio
[56:09] form, maybe follow us and rate and
[56:10] review five stars. Here's the next topic
[56:12] on the show. Uh, Vice, the popular media
[56:15] network had a I guess video or
[56:19] documentary, a short documentary that
[56:21] came out about sports betting. and some
[56:22] of the friends of the show featured
[56:24] Chris Dearkiss at Philip No Light on
[56:26] Twitter used to be uh the one of the
[56:28] panelists here on a weekly basis as well
[56:30] as Isaac Rose Burman who you sometimes
[56:33] see featured as the fourth chair for
[56:35] this show on Friday. Uh a lot of people
[56:37] had some memes about it. El Mastro 999
[56:40] Louie on Twitter. Uh he posted this
[56:43] video of Flopup saying the the sports
[56:46] books have it wrong and it's when his
[56:48] screen lights up and he says he he says
[56:50] as his odd screen flashes pretty color
[56:53] as Fluff rushes to go bet something. Um
[56:56] we had Captain Jack who commented on the
[56:59] video says as always YouTube comments
[57:01] make Twitter look like a messa meeting.
[57:03] Here are some from the last 24 hours of
[57:05] the trailer for the new Vice documentary
[57:06] that features Fluff, Rufus, and Isaac.
[57:09] I'll read the comments here. Uh, they
[57:11] they'll all be broke. It's just a matter
[57:13] of time. My suggestion, learn how to
[57:15] trade. Thousands of people are making a
[57:17] ton of money. Gamblers always lose in
[57:19] the end. Figure out price action,
[57:21] anything, and look into trend following.
[57:23] You're welcome.
[57:24] >> So, so literally describing how to be a
[57:27] profitable sports better.
[57:29] Uh for some the same thing.
[57:32] >> Uh next one. All of these guys are
[57:34] actors. This is all fake. And another
[57:37] one here. You have to realize the whole
[57:38] betting market would fall apart if
[57:40] people actually won more than they lost.
[57:42] House always win wins or there is no
[57:45] house. So you are presented with quote
[57:47] unquote unicorns that seemingly win
[57:50] against the odds. Don't trust any of it
[57:52] until you see the receipts receipts
[57:54] either. Uh I've seen some of the
[57:56] receipts. I can assure you these guys
[57:58] are not actors and they're not uh uh and
[58:01] you can you can trust the individuals
[58:04] within this show, but I I did find that
[58:06] quite funny. Uh Fosen posted this one of
[58:08] Flopup uh says, "Always know your
[58:10] counterparty. I prefer to bet against
[58:12] people like Flopup who in his own words
[58:14] says, "I can't even count." Cuz Fluff
[58:16] was saying there's 30 40 college
[58:18] basketball games I can't even count. I
[58:19] gotta say, Fosen, to be the level of
[58:22] troll that you are and not be able to
[58:24] successfully get a a properly cropped
[58:27] video clip of this of this YouTube
[58:30] video, it it does kind of sour me on the
[58:32] reputation a little bit because this is
[58:34] this is like Jimmy Johnson type of stuff
[58:36] right here.
[58:37] >> And finally, Mike Vivian. Um, one of the
[58:41] quotes from the the trailer, uh, Isaac
[58:44] Rose Berman, unlike Chris,
[58:47] he specializes in bedding. Uh, that was
[58:50] a really good one as well. Uh, in in
[58:51] more seriousness though. Uh, I'll start
[58:54] with you, Mike, on this. Did you check
[58:55] out the video? If if so, what are your
[58:57] thoughts?
[58:58] >> Uh, I want to compliment whoever did the
[59:00] sound mixing on that video. It was
[59:02] really great job there. say it. Uh I
[59:04] could kind of hear the narrator speak
[59:05] sometimes when he was talking about it,
[59:07] but uh I watched the first 8minute
[59:09] preview. I think that there's a longer
[59:10] version coming out later. I thought it
[59:13] looked relatively decent. Uh covered,
[59:15] you know, if I was a normie who didn't
[59:18] know anything about sports betting.
[59:19] Thought it did a pretty good job of
[59:21] >> highlighting some of the kind of
[59:23] situations they come in. I don't know.
[59:24] Seemed like a pretty well done
[59:26] documentary. Uh when usually these
[59:28] things are pretty, you know, dull [ __ ]
[59:30] So thought they did a decent job. Can I
[59:32] something to add?
[59:35] It's amazing that Isaac
[59:39] was basically the in terms of being a
[59:42] young media [ __ ] like the the Roffus
[59:45] and now they're doing a documentary
[59:47] together where it's like you know
[59:49] everybody you know in the sharp industry
[59:50] move in the shadows keep a low profile
[59:52] and Roffus you know back in the day in
[59:54] the Las Vegas Journal was the first one
[59:57] that was like oh yeah I'll do you bro
[59:59] and then Isaac like you know is like go
[60:02] follow in his footsteps like I'm going
[60:03] to go on Fox and friends and talk about
[60:05] responsible gaming. Meanwhile, I'm on
[60:07] Telegram, you know, asking Kesh to to
[60:10] have me put down a 30 leg round robin
[60:12] on, you know,
[60:14] >> climbing a tree out of state to get on a
[60:16] random person's Wi-Fi to get it better
[60:18] than he
[60:19] >> But you got to responsibly game. So,
[60:21] just amazing that him and Rufus are now
[60:24] doing a documentary together. I feel
[60:26] like uh everything has come full circle.
[60:29] >> Isaac is like Dr. Jackekal and Mr. Hyde
[60:31] with the responsible gaming stuff. I
[60:33] swear.
[60:34] >> No, no, ser like right. Like if you
[60:36] actually spent a day like betting with
[60:37] him, you'd be like this is this guy's
[60:39] bigger. Like what do you responsible
[60:41] gaming? Like
[60:42] >> he he told me one time 160. He goes if
[60:45] it's 160 to1 and I could kind of see it
[60:48] happening. There's literally no way it
[60:49] can be a bad bet.
[60:53] >> Uh China over to you. Any thoughts from
[60:55] yourself? Yeah, like when this got
[60:58] linked in our um our chat like I I was
[61:01] just expecting like you know Fezzic V
[61:04] Vegas Dave something like that. It feels
[61:06] like every time there's one of these
[61:08] documentaries it's like just out of this
[61:11] world in like stuff that just doesn't
[61:13] happen. The one with like uh who was it
[61:16] with crack on it? Um the one Yeah, that
[61:19] had Vegas Dave. But anyhow uh yeah it
[61:21] was a pleasant surprise. You got three
[61:22] solid pros, all who win and who all can
[61:25] speak, you know, pretty eloquently on
[61:27] how things actually work in this
[61:29] industry.
[61:30] >> I can speak eloquently. Flop is going to
[61:32] stutter halfway through. I Well, they
[61:34] can edit around the stutter. Never mind.
[61:36] Good point, China.
[61:37] >> Yeah, they they can provide provide the
[61:39] media magic except for maybe some of the
[61:41] audio as we discussed already. Um, a bit
[61:45] rough on occasion. We we don't do it
[61:47] like that here most of the time on
[61:48] Circle Back, but uh we'll keep the show
[61:50] moving here. Before we do, a word about
[61:53] the Discord we have at the Hammer
[61:56] Betting Network. If you're not in the
[61:57] Discord yet, you are missing out. We
[61:59] have over 1,700 members and it's
[62:01] absolutely cooking. It's a place to chat
[62:03] during games and our creators are
[62:04] sharing banger bets. And you know what?
[62:06] So are our Hammer audience. We're going
[62:08] to give them a little bit of credit as
[62:10] well. Join us at discord.gg/hammer
[62:12] GG/hammer
[62:14] to find out what you've been missing out
[62:15] on. discord.gg/hammer, but I'll make it
[62:18] easy for you. The link is in the
[62:19] description to join our Discord today.
[62:22] Couple more topics on the show here.
[62:24] First of those two comes from Grayson
[62:25] Roberts at Trident_DFS.
[62:28] Quote, "Sports betting isn't fun
[62:30] anymore." End quote. Meanwhile, you're
[62:34] just a loser who doesn't know the math
[62:36] behind how to win. uh very
[62:41] very big statement about sports betting.
[62:43] Uh China, you're interested in this
[62:44] topic. What did you want to say about
[62:46] it?
[62:47] >> I mean, I think it's the complete
[62:49] opposite. Sports betting was more fun
[62:51] when I didn't know the math behind it.
[62:54] >> The more you learn the math, the more
[62:56] work it becomes and just it just becomes
[62:58] boring and it becomes a a task day after
[63:01] day after day. I mean, it's fun to
[63:03] uncover things with the math here and
[63:05] there, but for the most part, like I
[63:07] mean, it's a it's it's it's a grind
[63:09] grind grind grind grind game. So, that's
[63:12] that's what I got on this topic.
[63:14] >> Kenishh, how about you? The most fun I
[63:16] ever had betting in my life was when you
[63:19] know I before when I was pretty much
[63:21] flat broke and you're going it's like
[63:23] walking in the casino with your boys
[63:25] when you're 21 and maybe your checking's
[63:27] got 300 in it and you're walking in the
[63:29] casino with 280 just you know enough to
[63:31] get you know maybe a $5 pizza afterward.
[63:34] That was when you know like when the
[63:36] sweat and everything like meant so much.
[63:40] nowaday. I mean, I got to a point, I
[63:42] mean, the the famous story I always tell
[63:44] was I was like watching a college
[63:47] basketball game on ESPN Plus. It was
[63:50] like Norfolk State or something. I was
[63:52] getting so triggered watching this
[63:53] stupid game because then I was like, I'm
[63:55] never [ __ ] watching another college
[63:56] basketball game again. And so I the more
[63:59] it like it becomes a business, the less
[64:04] fun like real fun you're going to have.
[64:06] and certain like there's also a certain
[64:08] not to sound like a douche but like when
[64:11] you sit hit a certain level all of a
[64:15] sudden then you know like when I when
[64:17] you're walking in the casino when you
[64:18] only got a few hundred bucks to your
[64:19] name that you're you're literally like
[64:21] putting like 50% 80% of your net worth
[64:24] on the line when you're you know what
[64:27] like now
[64:31] the bets I'm making are such like a you
[64:33] know a small denominator of like your
[64:35] your overall that that it's like it's
[64:38] not getting uh you know, it doesn't even
[64:39] get you out of like out of bed or like
[64:41] even like a heart flutter or any of
[64:42] that. So, I I I just totally disagree
[64:46] with that. I mean, maybe at first when
[64:47] you realize kind of how to win, you'd be
[64:49] like, "Oh, now now I'm going to get it."
[64:51] But the longer it goes on, the less like
[64:55] Yeah, it just doesn't it doesn't have
[64:56] the same
[64:58] It can't it can't, right? like it can't
[65:01] like when your when your account is on
[65:03] the line and you're that young, it's
[65:05] never going to mean as much to you that
[65:07] as it it would now.
[65:09] >> The the feeling of there's no way X team
[65:13] is going to beat Y team and betting on Y
[65:16] team and having your opinion reaffirmed
[65:18] that there there's there's not quite
[65:19] many rushes as good as that. I think
[65:21] adrenaline shots like that. So, I I can
[65:24] attest to that part of it. Mike, do you
[65:25] want to add something to this?
[65:27] This guy doesn't give a [ __ ] about any
[65:30] of like, oh, you know, this is what
[65:31] makes it fun. Math what makes it. This
[65:33] guy just wants to show I'm smart. I
[65:36] understand math. You dummies don't.
[65:38] That's why you need to buy my dub club.
[65:40] I'm guessing I like this is a classic
[65:42] like, oh, it's math is what makes like
[65:45] you're only saying that to try to impe
[65:46] to people that you are smart and that
[65:48] you understand the math. Um, I will say
[65:51] like there are times that you find an
[65:53] edge and you are like exploring it.
[65:55] you're like, "Oh, this is really
[65:56] exciting." But like that has nothing to
[65:59] do when you're actually watching the
[66:00] games, knowing the math isn't any
[66:02] different. You still go on a ton of
[66:04] [ __ ] losing streaks when you know the
[66:05] math. It doesn't change that kind of
[66:08] like your day-to-day variance.
[66:10] >> My favorite guys, the favorite bets that
[66:13] I make nowadays are the game like I, you
[66:17] know, move for a bunch of people. So
[66:18] those aren't like my, you know, my own
[66:21] opinions. The favorite bets that I make
[66:23] are the games where like it could be a
[66:26] college football Saturday or an NFL
[66:28] Sunday morning and I'm just gonna you
[66:31] know what I think the Dolphins are live
[66:34] today and I'm going to throw and I
[66:36] didn't ask anybody about that and I
[66:38] didn't say anything so I'm going to
[66:39] throw a nickel or a dime on the Dolphins
[66:42] or something money line and that was
[66:44] Joey Kay's opinion and Joey Kay's brain
[66:47] that probably was wrong but boom Boom.
[66:51] That then it's like as you're saying,
[66:53] Jacob, you after that, you know, if the
[66:55] Dolphins win, you're like, "Yeah, baby.
[66:58] I still got it." You know what I'm
[67:00] saying? Like, I'm feeling good. You're
[67:01] walking around, hey, you know, with your
[67:03] shoulders popping, head held high. When
[67:05] when you originated it, it feels uh it
[67:08] feels a little different.
[67:09] >> Yeah.
[67:11] >> Go ahead.
[67:11] >> Yeah. the the most fun I that that I had
[67:14] betting. I mean, it's the most fun and
[67:16] the most misery was when I would go out
[67:18] Friday night. I'd black out and just
[67:21] call in action point wagers for the
[67:24] absolute ma the absolute max this guy
[67:27] would take. I would stay up all day
[67:28] Saturday, watch the games, and then call
[67:31] the guy on Monday morning and say, you
[67:33] know, what what what do you have for a
[67:35] figure for the week? And he'd say, you
[67:36] know, like 25. And I wouldn't know if it
[67:38] was 2500 or 25,000. like that that that
[67:42] was fun. It was miserable sometimes, but
[67:45] that's when that's when it was really
[67:47] live, you know.
[67:48] >> You should promote that. This is so much
[67:50] fun, guys. You you got to try it, man.
[67:53] >> Hey, you got to start somewhere. You got
[67:55] to fall down before you stand up.
[67:57] >> Sure. That's that's fair. I as much as
[67:59] it was fun, you know, betting opinion
[68:01] like that, it is it is I think even more
[68:03] fun when you're actually winning. And
[68:05] you know when you really grind out and
[68:07] you find an when you really grind and
[68:09] originate edge that is pretty fulfilling
[68:11] and that is pretty fun. Uh as much as it
[68:13] was fun to just you know look at a a box
[68:15] score for for a minute and make a bet
[68:17] that the making money aspect of it is
[68:20] far superior. And Mike you are correct.
[68:23] There is a link in his bio to his
[68:25] website which has multiple links to his
[68:27] dub club. You are
[68:28] >> there you go
[68:28] >> with that assessment. Final topic on the
[68:31] show today comes from Dave Mason of Bet
[68:33] Online. Says, "Our first official bet to
[68:36] win the 2027 Super Bowl, $200 on the
[68:39] Chargers at 16 to1." Uh, I I got to ask
[68:42] Jeff if this was his uh PS. Before
[68:45] anyone whines, OMG, why would you tie up
[68:47] your money this early and give them an
[68:48] interest free loan? Patriots were 80
[68:51] between 80 to1 and 100 to1 this time
[68:54] last year. So, so I consider Dave Mason
[68:56] and Bet Online the he is the king of
[68:59] these long-term bets. Like the amount of
[69:01] wagers you can find on Bet Online that
[69:04] can tie up your money for years. Like
[69:06] some stuff is like will aliens visit
[69:08] Earth before 2028. Like you can bet that
[69:12] you're probably going to win, but you
[69:14] got to wait a long time in order to to
[69:16] see those funds actually return back
[69:18] into your account. This is not an a
[69:20] scenario where like you're probably to
[69:21] probably gonna win, but you are tying up
[69:23] that money for a very long time. Uh
[69:25] let's start with Mike on this one. How
[69:28] do you feel about these super long-term
[69:30] wages? Because in the past, some people
[69:32] have thought like even if it's plus EV,
[69:35] it's almost minus EV to have the funds
[69:37] tied up for that long. So to make it
[69:40] worth it, you essentially have to, you
[69:43] know, incorporate some kind of time
[69:45] value of money uh factor into it, which
[69:47] would be the interest rate would be an
[69:49] easy example of it. You know, if it's
[69:51] going, if you can earn 4% in interest or
[69:53] a year, it makes no sense to make a bet
[69:55] that's, you know, expected edge 4%
[69:57] because you could have made that. Uh at
[69:59] the same time, a lot of these longer
[70:00] shot ones, I believe people probably
[70:03] underrate how good of an edge that you
[70:05] can find in these because they're so far
[70:07] away. it's mostly fish and there's a lot
[70:09] of people who don't want to tie up the
[70:11] capital. When there's people who don't
[70:12] want to tie up the capital, you have
[70:14] probably a better opportunity uh because
[70:16] there's less sharps going at it. So, um
[70:18] you know, especially if you are a casual
[70:20] better, I think that these futures are a
[70:23] good opportunity to have a brooding
[70:25] interest for the entire year, not burned
[70:26] a ton of, you know, juice or whatever.
[70:29] Um kind of cheering for each thing. So,
[70:31] I I'm actually probably more for this uh
[70:34] than a lot of people.
[70:35] >> Okay, interesting take there. Uh
[70:37] Kenishh, what do you think?
[70:39] >> I'm okay with tying up the capital. Um
[70:42] and again, every everybody's situation
[70:44] is different with that. I will say and
[70:46] Jacob to f number one, I love Dave Bet
[70:49] online, been good to me over the years,
[70:51] all that in terms of their strategy, and
[70:54] this will be a little behind the
[70:55] curtain. They do put a lot of stuff out
[70:58] there at what I'll call higher hold. So,
[71:03] they're very good with like opening up
[71:06] long-term futures way way out. But if
[71:09] you compare the pricing usually to some
[71:13] different places, whether it be
[71:14] prediction market like Kelsey ones they
[71:16] put up or whether it be um some you know
[71:19] other books and that they tend to put a
[71:23] pretty high hold in these futures,
[71:26] especially like Super Bowl and that and
[71:29] maybe and you know and you can say hey
[71:31] if you're going to be first to market
[71:32] you deserve that but I think in a lot of
[71:34] cases
[71:36] like people might see the
[71:39] the team that they want to bet. And some
[71:42] like this is really in the weeds, but
[71:44] some other books like to start will open
[71:47] the Super Bowl and then slowly as the
[71:50] season gets closer decrease the hold
[71:54] percentage out of the pool. So, so you
[71:57] don't want to get beat early, but you
[71:59] might be getting a better price closer
[72:02] to the season or once more options are
[72:04] up. So there might be the occasional
[72:06] like, oh, this number's way off. I just
[72:09] don't think Super Bowl is usually that
[72:12] type of bet.
[72:14] >> Okay. What's that little snowman
[72:16] character you've got with you now?
[72:17] >> A little bit. Oh, yeah. I was going to
[72:19] say uh a little uh you know, like some
[72:21] guy here at Joey Corporate made fidget
[72:27] out of 3D printer and brought them out
[72:29] and handed them out. So yeah, I got uh
[72:31] you know, a little frosty here. What do
[72:33] you got there, China?
[72:35] >> I got a wizard. He's been with me. He's
[72:37] been with me for the past like 16 years.
[72:40] He sits here. He's my companion.
[72:44] >> Uh I I can't say I have any uh
[72:46] companions on my desk. Mike, how about
[72:47] you?
[72:48] >> No, I'm an adult male, so I don't keep
[72:50] her off.
[72:51] >> I've got a lot of [ __ ] behind me, but
[72:53] nothing on my desk.
[72:56] >> Jesus. Jesus is with me, too,
[72:59] to uh you know, every to stay with me. I
[73:02] got the there's some other crap over
[73:03] there, too.
[73:04] >> Uh, China, back back on the rails here.
[73:07] How do you feel about tying up capital
[73:08] for an extensive period of time like
[73:10] this?
[73:10] >> It's Hey, if you're a wreck, like uh
[73:13] Mike said, it's Yeah, it's fun to sweat.
[73:16] It's fine. Not for me, though. I don't
[73:18] like to just lock up capital. Not
[73:20] because I could invest it somewhere else
[73:23] or use it another way. For me, it's more
[73:25] of just mental torture knowing that I'm
[73:27] going to be sweating these bets and then
[73:30] remembering where the money is and in
[73:32] what accounts they're in. And it just
[73:34] sits there all year long. And it just
[73:36] gives you another thing to think about.
[73:38] Well, you know, you have other tasks
[73:41] going on. And you know, if you're very
[73:43] busy with whatever you're doing, whether
[73:45] it's betting or anything in life, I
[73:47] don't know, like I just don't like to
[73:50] put put my It's just one thing that my
[73:52] brain does not want to follow.
[73:54] >> Yeah. To China's point there, I have put
[73:57] money in things that I knew were, you
[73:58] know, good bets and then afterwards I
[74:00] needed to like move money around
[74:01] somewhere and I was like, God, it's just
[74:02] a pain in the ass that this is sitting
[74:04] in there. Um, and you know, sometimes it
[74:06] can become a hassle. I would say if
[74:08] you're going to do it, do it in spots
[74:09] where you know that you're going to make
[74:12] a sizable position. Don't make it a
[74:14] thing where you're like, hey, you know,
[74:15] it's slightly plus EV, a small little
[74:17] bet that doesn't mean anything to you
[74:18] because then it becomes just a pain to
[74:21] have there.
[74:21] >> Yeah. I I've always kind of felt like
[74:23] I'd rather have to I I'd rather be able
[74:26] to use that money to bet every day
[74:28] leading up into that maybe rather than
[74:30] having that sitting as a future. But
[74:32] also, I would seriously hate to turn
[74:35] down a plus EV position, even if it is a
[74:38] year away. So, that's where I always
[74:39] kind of fail. I in my head, I'm like,
[74:41] don't do this. You like use that to
[74:43] continue vetting and then I'm not going
[74:45] to turn down this. So, make that plus 80
[74:48] position worthwhile if you're going to
[74:49] wait for it. I I agree with Mike.
[74:51] >> Yeah. And don't China.
[74:52] >> Yeah. Don't. And definitely do not do
[74:55] this with PPH accounts because if you're
[74:59] a winning bet, they're gonna get cooked
[75:01] and they're just gonna get fried. And 99
[75:04] times out of 100, they're just going to
[75:06] void it or they're going to free roll
[75:07] you. I had Biden to beat Trump in that
[75:11] the the election that Biden beat Trump
[75:13] in
[75:13] >> 2020.
[75:14] >> And it it probably costed me like 20,000
[75:17] in futures in PPH accounts because I
[75:19] didn't realize it was going to take that
[75:21] long to settle. But by the time those
[75:23] four the four weeks went by, all the
[75:25] bowl games, we cooked the bowl games and
[75:27] then all my accounts were cooked, all
[75:29] the money got stolen, and it was just
[75:30] [ __ ] you, China. You ain't getting [ __ ]
[75:32] So
[75:33] >> that's a very good point. Very good
[75:35] point actually to to end off.
[75:37] >> China could have had the pending balance
[75:38] if Mike Pence would have done the right
[75:39] thing.
[75:43] >> All right, that'll do it for us today on
[75:45] Circle Back. If you did enjoy, please
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