Wednesday, May 13, 2009

Win by a little.....

This topic crosses widely across all forms of gambling, but I will quickly address for fantasy sports. When making trades/deals, you are obviously trying to get the best of the deal, but you shouldn't be trying to rob your opponents, as I like to say, you should try to "Win by a little" when you make these transactions.......here is why

1) Your opponent won't feel cheated/swindelled/robbed/hood-winked or suckered
2) Other teams/people will see that you make "fair" trades/transactions and would like to be involved in deals with you
3) Even though you have a small edge in the deal, your partners will sometimes "WIN" the trades, reinforcing the fact that they should be willing to deal with you

The idea is to pile up tiny edges with these deals that add up to a substantial WIN. While it will be negligible to the naked eye on a deal by deal basis, the sum of your deals will give you a nice edge.

Here is an example of what I am talking about. Say player A is struggling to start the year, this player is a top player and his rating (on your pointed based private rating scale) is 100............instead of offerring a player that has a rating of (roughly 1/5th of the value of the other player) 20, but has had a good start, you might want to offer a player who has a rating of (75% to 80% of the player) 75 or 80, but has had a good start. You make a small victory that seems more fair.

This is a good way to handle all gambling dealings, you want to be welcomed to gamble with your edge and not have to worry about being shunned for gauging those edges.

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