On an all-new episode of Wise Kracks sports betting podcast, cohost Jon Orlando and I chop it up over the big game and break it down from a sports betting perspective.
Super Bowl Betting Recap
There’s no dispute that it was a fascinating Super Bowl, especially when it came to sports betting. Last week, we welcomed a former Super Bowl MVP and the Director of DraftKings, one of the biggest sportsbooks in the country, to the show to talk about Super Bowl betting from their perspective. It was especially interesting to contrast that with what actually happened, and our experience as bettors.
With so much money going towards the Bengals, it looks like the books did well despite the Bengals winning against the four-point spread that a lot of bettors got in on. It was actually the first time since 2009 that the winning team didn’t cover the spread in the Super Bowl.
I shared insights into some of the statistical nonsense that occurred during the game regarding Matthew Stafford’s rushing yards. Typically, when a quarterback kneels, it is a negative two-yard play. Thus, every time a quarterback kneels, you subtract two yards from his rushing total. However, Matthew Stafford took a knee in this game but was only deducted one yard. In addition, the Bengals had an extra time out they could have used to force Matthew Stafford to kneel again, which they elected not to do.
Jon and I go on to discuss some of the risks around situations like this when you’re betting with offshore books. For example, there were disputes about some of the novelty halftime bets placed on the Super Bowl. When you’re using an offshore book, there is no regulator to step in to resolve these types of issues.
Blackjack and Life Lessons
We get into blackjack and if you should bet based on math or on emotions. Guess which one is more likely to win?
I have a high roller friend with a seven-figure credit line and has access to a private jet from the casino to fly him to Vegas. When my friend gets to town, he invites me to join him at the blackjack table where he’s betting between $5,000 and $25,000 a hand.
As I’m watching him play, I notice the count climb to +22, massively tilted in the players’ favor. I may have been dying to bet with him, but I didn’t because I need to play the way I want to play. There are tons of common blackjack spots that my friend, and many other recreational players of all bankrolls, do that cause big mistakes. My knowledge isn’t difficult to learn, it’s widely available online.
But it’s the difference between being a lifetime winner or loser at the game. I use the Wong Halves Blackjack Card Counting System.