Here we used an adapted version of the Iowa Gambling Task to test whether flipping a coin before making a decision may result in advantageous choices. While being intuitively appealing, it remains an open question whether this strategy results in advantageous decisions. Super Bowl props: SuperBook props extravaganza | Matthew Stafford Super Bowl props | Cooper Kupp Super Bowl props | Ja’Marr Chase Super Bowl props | Odell Beckham Jr.Folk wisdom, advice columns, and pop culture suggest that when undecided, individuals may flip a coin - not to simply follow the suggestion, but to inspect their reaction to the outcome and then use the reaction to decide. Play: Printable or online Super Bowl squares | Super Bowl promos and bonuses from sportsbooks A little more money and tickets on Tails,” Circa’s Chris Bennett said in a direct message.īettors are surely riding tails’ undeniably strong 28-27 trend over the Super Bowl’s 55-year history.Īlso read: Circa’s Chris Bennett talks shop ahead of Super Bowl 56 Actually Four Ways To Bet The Super Bowl Coin FlipįanDuel is offering not just one Super Bowl coin flip prop – it’s offering four, each priced -104 either way.Ĭoin Toss Winner: Bengals -104, Rams -104Ĭoin Toss Call Result: Correct -104, Incorrect -104Ĭoin Toss Winner Wins Game: Yes -104, No -104 The respected Las Vegas book is surely weighted on “heads,” yeah? Scrolling through the Circa Sports app, I noticed an odds oddity. Much easier ways to find $50 of EV without having to risk $10k.Īgain, Jack has an edge when he plays into -110. What if, Dink wondered, a sportsbook offered +101 on the prop? That would mean the edge is actually in the bettor’s favor.
#Coin flip gambling professional
Professional bettors Alan “Dink” Denkenson and Captain Jack Andrews exchanged tweets on the Super Bowl coin flip prop earlier this week.
Just know your sportsbook has a greater edge on Bengals +4 (-110) than it does on tails with far less juice.
So you, also like me, are probably studying up and making some plays on Sunday’s point spread, total, and a few props. Still, I’m sure that you, like me, have some confidence in your handicapping abilities. “I’d say that’s an astute observation by the old redhead,” Nick Bogdanovich, formerly of William Hill, said back then when I asked for his take on the notion floated by Roxy. Thinks it is a stupid bet? Maybe, but most players never ever get a bet at less than 1% hold. Roxy Roxborough, a legendary Las Vegas bookmaker, made the same point four years ago, ahead of Eagles and Patriots in Super Bowl 52.Ĭoin toss prop holding steady at at -102 each side. With a 50% chance, betting into -102 is far better than against -110.ĭon’t take my word for it. Again, realistically you have a 50/50 shot to hit your Super Bowl spread bet, same as a coin flip. SuperBook USA, in fact, is offering -102 on either heads or tails. Sportsbooks are dealing more favorable vig when it comes to the coin toss – much more favorable in some cases. In fact, our long-term win percentage is probably right at 50% - win some, lose some - far below the sports betting Mendoza line. I am not among this elite group of gamblers you are probably not either. A very small percentage of bettors (1-2%) can achieve this over the long term. Profiting against -110 vig requires a win percentage of 52.4. Same goes for the total of 44.5 – if a losing bet costs $110, the winning side pays $100. The -110 means you have to risk $110 to win $100. The current Super Bowl point spread at BetMGM has Rams -4.5 (-110) and Bengals +4.5 (-110). Bengals on Sunday may be the most advantageous wager most gamblers can make. Well, we’re here to tell you that betting on whether referee Ron Torbert calls “heads” or “tails” before kickoff of Rams vs.
“Why would anyone, no matter how novice, risk money on something entirely random?” they ask. To the irritation of sophisticated bettors – and to those who may fancy themselves sophisticated – the Super Bowl coin flip prop is among the most popular every February. 'Heads' cashed in Super Bowl 45 props betting (photo by: Robin Alam/Icon Sportswire)
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