Originally Posted by
moses
I've noticed Greed and Fear drives sportsbook bettors. Greed before they buy the ticket. Fear after they own the ticket. Now for a guy that is strictly a value investor, he could "feed" off those two emotions. For instance, one of the rhymes I repeat to myself on a hockey bet that I rarely watch is Better Team, Home Ice, Great Price.
A savvy investor could make some money on busy weekends in buying tickets for pennies on the dollar and end up on both sides purely by reading peoples emotions.
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