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The Lock Talk - Newsletter #7
Tuesday Baby Tuesday
LOCK TALK UPDATE
HARDEN TO THE CLIPS?!
The Philadelphia 76ers have agreed on a trade to send guard James Harden to the Los Angeles Clippers, sources tell ESPN
LOCK TALK UPDATE
FLORIDA MAY HAVE SPORTS BETTING?!
Florida's sports betting scene might be charging back soon, and boy, we can't wait! 📢
- The U.S. Supreme Court halted a single-license initiative by the Seminole Tribe.
- Florida's fans are keen on local sports betting, like fellow American states.
- Possible betting types include Against the spread, Outright, Live betting, Standard Odds, Same Game Parlay (SGP), and Teaser.
TOPIC OF THE DAY
IMPLIED PROBABILITIES
These implied probabilities represent the likelihood of a bet winning based on the given odds.
-150 Odds Example:
In order for you to make profit, you have to make bets that in the long-run win at a higher % than the implied probability. Thus, if you are making -150 bets, you better be winning at above 60% to make a profit!
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