The Odds Are You Don't Know Sports Betting



Savvy sports betting practitioners understand that getting value involves comparing price to the likelihood of a favorable outcome. But even sophisticated bettors might wonder why they even bothered to bet if they knew the true odds of some of their bets. That topic heads the list of some of the most informative, funny, silly and downright outrageous things said, whispered and written, recently:

"You're much more likely to get hit by lightning attending the game than to win the pizza."

--Brad Carlin, professor of biostatistics at the University of Minnesota on Papa John's offering one million pizzas (value $15 million) to anyone who filled out a perfect NCAA Men's Basketball Tournament bracket

"I looked at it and said ‘this is never going to happen' so let's have a big headline number."

--Alex Cjakowski, marketing director for Sportsbook.com, which offered $10 million for anyone filling out a perfect bracket and said he might offer $100 million next year

"One in nine million trillion."

--According to Live Science, the chances of filling out a perfect 63-game NCAA Men's Basketball Tournament bracket

"200,000 to 500,000/1."

--According to scientists Clark Chapman and David Morrison, the odds of being killed by an asteroid

"I heard an announcer at the NCAA Tournament shout, ‘Do you believe in miracles?' It had nothing to do with VCU's upset of Kansas. No, it was right aftter a close call went against Duke."

--Brad Dickson, Omaha World-Herald

"In a related story, Rex Ryan was locked out of an Olive Garden."

--David Letterman on NFL owners locking out the players

"If you put an arrow pointing to each of his injuries, Harden would look like General Custer."

--Scott Ostler, of the San Francisco Chronicle, on injury-prone Oakland pitcher Rich Harden

"It's like insuring Betty Grable's leg."

--The father of highly touted Stanford quarterback Andrew Luck on why he purchased an injury policy on his son's arm

"So now for the Vikings in 2011 that's now two aging relics that won't be back."

Janice Hough of LeftCoastSportsBabe.com on the news that Metrodome's snow-damaged roof will be replaced by a new covering

"The woman was caught and released."

--RJ Currie of SportsDeke.com on the accusation that a Michigan woman assaulted two ice fishermen with a fish

More from Currie…

"The latest issue of Self Magazine outlines a four-part exercise routine that will get you Mika Kelly's body. Playing shortstop for the Yankees also works."

"I heard an announcer at the NCAA Tournament shout, ‘Do you believe in miracles?' It had nothing to do with VCU's upset of Kansas. No, it was right aftter a close call went against Duke."

--Brad Dickson, Omaha World-Herald

More from Dickson…

"Think of it as a foreign lesion."

On former NBA star Allen Iverson needing surgery to remove a lump in his right leg that formed while he was playing in Turkey

"If he makes it, this means vuvuzelas will be only the second most annoying thing at a soccer match."

On Chad Ochocinco trying out for an n MLS team

"He would have been quicker except for those four stops for pizza."

--Budd Bailey, of the Buffalo News on 400-pound sumo wrestler Kelly Gneiting requiring almost 10 hours to complete the LA Marathon

"Good lord, the guy's seen more hospital beds than Florence Nightingale."

--Former Rockets forward Shane Battier on the latest season-ending injury to Houston's Yao Ming

"It's so cold outside that I saw Cecil Newton with his hands in his own pockets."

--Mike Bianchi, the Orlando Sentinel

More from Bianchi…

"ESPN ran a poll about which of these three quarterbacks—Jay Cutler, Michael Vick or Ben Roethlisberger—is the most unlikable and, sadly, Cutler got the highest percentage of votes. Moral of the story: You can be a convicted dog killer or an accused rapist but you'd better not be a sourpuss."

"The latest addition to the University of Central Florida football team is a player named Jose Jose. No way, no way."

"There's a bomb waiting for us, believe me, at the end of this story."

Jay Kornegay, race and sports book director at the Las Vegas Hilton on the sports betting disaster that awaited many sportsbooks if 400/1 future book longshot and Final Four participant VCU were to win the 2011 NCAA Men's Basketball Tournament