Two different things here and ANY solid bookmaker will tell you this.
Overnighters on MLB: in a game where it's all about the pitcher, it there's a Pitcher Change the line gets adjusted and all the written action is modified to the updated odds. This allows the bookmaker to BOOK and not gamble. When you're trying to offset your own numbers, you're not booking, you're gambling.
No vernighters for NBA or NHL:
In games like NBA or NHL, an injury blows the line out of orbit.
I don't even wanna start talking about NHL, which I don't know much of... but Bobby McBryde once told me I'd be better off PLAYING the pucks than DEALING the pucks. There are no square puck heads, imagine what they could do if they had access to an injury report before the bookmaker even gets to find out what's going on... instant LOSS.
The same for NBA... and just to make it really short and sweet, what would happen if Tim Duncan was in no position to play, just because the night prior to the game he ate a Migas Taco that fvcked him all up and he had the runs? Would the line be affected if SA came to play without Duncan? Would a player have an advantage if he knew the line was 2 points off, had he had access to an early injury report?
And that is very likely to happen, as local media reports faster than anybody. By the time the injury report hits the web, the line has been saturated.
The folks at Hollywood are BOOKMAKERS. And responsible bookmaking is to be appreciated. Part of that responsibility is decreasing exposure.
Before you even mention it: Why is Pinny different? Pinny bets, they might be on the action before anybody else.
Overnighters on MLB: in a game where it's all about the pitcher, it there's a Pitcher Change the line gets adjusted and all the written action is modified to the updated odds. This allows the bookmaker to BOOK and not gamble. When you're trying to offset your own numbers, you're not booking, you're gambling.
No vernighters for NBA or NHL:
In games like NBA or NHL, an injury blows the line out of orbit.
I don't even wanna start talking about NHL, which I don't know much of... but Bobby McBryde once told me I'd be better off PLAYING the pucks than DEALING the pucks. There are no square puck heads, imagine what they could do if they had access to an injury report before the bookmaker even gets to find out what's going on... instant LOSS.
The same for NBA... and just to make it really short and sweet, what would happen if Tim Duncan was in no position to play, just because the night prior to the game he ate a Migas Taco that fvcked him all up and he had the runs? Would the line be affected if SA came to play without Duncan? Would a player have an advantage if he knew the line was 2 points off, had he had access to an early injury report?
And that is very likely to happen, as local media reports faster than anybody. By the time the injury report hits the web, the line has been saturated.
The folks at Hollywood are BOOKMAKERS. And responsible bookmaking is to be appreciated. Part of that responsibility is decreasing exposure.
Before you even mention it: Why is Pinny different? Pinny bets, they might be on the action before anybody else.
Walk,
Your points on hockey make sense but I don't think injuries are so important except for maybe up to 3 key players per team. There's only a small chance that something will be up with one of them and that has to be compared to the business you get on an industy standard 20c line. It has to still be profitable, don't you think?
Your points on hockey make sense but I don't think injuries are so important except for maybe up to 3 key players per team. There's only a small chance that something will be up with one of them and that has to be compared to the business you get on an industy standard 20c line. It has to still be profitable, don't you think?
Darryl;
I agree. But let's not forget these guys also deal NHL and NBA at -107 (a 14cent line). The aprox. percentage of hold with these numbers is 3.27%.
But what really might affect a book is the size of the hit on an off line. It'd be very difficult to offset a large hit, once the injury report has been made public. Do I make sense?
I agree. But let's not forget these guys also deal NHL and NBA at -107 (a 14cent line). The aprox. percentage of hold with these numbers is 3.27%.
But what really might affect a book is the size of the hit on an off line. It'd be very difficult to offset a large hit, once the injury report has been made public. Do I make sense?
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Walk of Life:
General;
One thing is protecting the business and one other is booking responsibly.
Hollywood has been booking responsibly for over a decade now. A decade.<HR></BLOCKQUOTE>
Actually more than a decade. I used to bet with their main guy in the early 90's when he was in L.A.
General;
One thing is protecting the business and one other is booking responsibly.
Hollywood has been booking responsibly for over a decade now. A decade.<HR></BLOCKQUOTE>
Actually more than a decade. I used to bet with their main guy in the early 90's when he was in L.A.
Walk,
What you say continues to make sense but couldn't you avoid that by setting limits and having your lines adjust themselves automatically after each hit and therefore limiting exposure? Maybe 3 or 4 limit hits would get through but then the price would become accurate, no? Your recreational business would continue as usual and should cover the cost of those hits I would say. Of course if there is not much recreational business then it may not be worth it. I dunno, I've never been a bookie.
What you say continues to make sense but couldn't you avoid that by setting limits and having your lines adjust themselves automatically after each hit and therefore limiting exposure? Maybe 3 or 4 limit hits would get through but then the price would become accurate, no? Your recreational business would continue as usual and should cover the cost of those hits I would say. Of course if there is not much recreational business then it may not be worth it. I dunno, I've never been a bookie.
Still the baseball games are subject to injuries, the others less so. The baseball numbers are up when games are still being played. What if Bonds pulls up lame running out a grounder? What I am talking about is games that have lines already ironed out and nobody playing while the line is exposed. Just doesn't make sense to me when it is the playoffs, lots more public bettors out there compared to early season baseball. It would just seem like it should be the other way around.
I am not complaining that much, just wonder what the logic is. They certainly can do as they wish, but by my thinking either you book all action overnight or you keep it all closed. I have been playing 90% of my plays through the overnights so it just means Hollywood loses out on some of my action and surely other people's action too who actually are working stiffs during the day
I am not complaining that much, just wonder what the logic is. They certainly can do as they wish, but by my thinking either you book all action overnight or you keep it all closed. I have been playing 90% of my plays through the overnights so it just means Hollywood loses out on some of my action and surely other people's action too who actually are working stiffs during the day
