Always puzzled by this and steam is the most overrated word in the idustry. If you bet these games in the long run you will get hammered like everyone else. I think it is bad bookmaking to discourage this type of action. A real book takes anything and if betting so called steam was so easy we would all quit our jobs and just bet the screen. I am puzzled by this. What has happended to old school bookmaking and what books take on all comers??
The only real exception JJ is college baskets...especially early in the year. Having said that, as a bookmaker, you do not want to get caught with your pants down if you can help it. Can be embarrassing more than anything....and bookmakers are very proud individuals. But like I said, college baskets can be very strong with the steam!
Because big zsteam moves open books up to getting middled. If a book constantly boks -6 to +8 they will get beat in the long run getting middled and sided to death. As Shrink pointed out it also leaves them with one-sided action at a number that they cannot buy back at. I would think that an "sinider" like you would understand the risks involved.
several schools of thought on moving the numbers i guess..............moving from 6 to 8 is goofy for any book to do imo.......unless your a small shop and can deal seperate lines to sharps and squares....
deal the lines according to what your booking...(man that is really hard to do for alot of shops it seems)
alot of books out there are clueless, because they have kicked all the sharps out the door...so they are at the mercy of steam moves.........public or sharp or false moves
the utah st./arizona st. game went from 25' to 28 and back down
trust me the last game on the board didnt generate that much action at the books........more than one shop moved to 28 without booking a nickle........
deal the lines according to what your booking...(man that is really hard to do for alot of shops it seems)
alot of books out there are clueless, because they have kicked all the sharps out the door...so they are at the mercy of steam moves.........public or sharp or false moves
the utah st./arizona st. game went from 25' to 28 and back down
trust me the last game on the board didnt generate that much action at the books........more than one shop moved to 28 without booking a nickle........
Exactly General, also "moving on air" and the "copycat" lines of today must make Maday & Martin roll over in their graves.
Without knowing the "who,what,when,where,&why" of the steam, it could be as simple as a middler buying back, filling an order,etc..and is generally a losing prop for followers.
LV killed the industry & NYC went offshore, kudos to the offshores..the last of the cowboys!
D2Bets, was "zsteam" a freudian slip from days of Z?
Without knowing the "who,what,when,where,&why" of the steam, it could be as simple as a middler buying back, filling an order,etc..and is generally a losing prop for followers.
LV killed the industry & NYC went offshore, kudos to the offshores..the last of the cowboys!
D2Bets, was "zsteam" a freudian slip from days of Z?
I get a chuckle out of references to ole time bookmakers and what they did. Ole time bookmakers didn't have to deal with the internet and booking online. They took phone calls or had walk up business. They didn't have players with multiple ID's playing into them, the BW group using beards and even square players getting info off of the internet concerning weather conditions, injuries, etc. If they were still around today they'd be doing the same thing today's books are doing to survive. If not they'd be vactioning permanently and trying to figure out what went wrong. Things change and if you don't change with them you end up either broke or left behind to rot.
Good points Max, but the LV of today definitley is missing cajones that they had even as recent as a few years ago.
But your post doesn't address the current SBs new focus of looking for that fine-tuned demographic of the consistent losing small player that sheer volume allows them to discard any moderate to tough player, whereas the old books needed the dollar volume that sophisticated players brought to survive.
Proliferation of gambling has allowed the industry to get fat on a certain demographic of player and spurn their antithesis.
But your post doesn't address the current SBs new focus of looking for that fine-tuned demographic of the consistent losing small player that sheer volume allows them to discard any moderate to tough player, whereas the old books needed the dollar volume that sophisticated players brought to survive.
Proliferation of gambling has allowed the industry to get fat on a certain demographic of player and spurn their antithesis.
JJ: I have never understood being afraid of steam, take a hit, move the line. I do understand being FRUSTRATED by steam. You have the originator calling you, followed my the onslaught of followers who can't pick their own games, tying up your phones for the next five minutes, and each of them soooo sure they were first, and motherfukin your clerks ETC.
>>>deal the lines according to what your booking...(man that is really hard to do for alot of shops it seems)<<< These days there are a lot more "line movers" than there are bookmakers. Just because someone lets you sit in the "big chair" doesn't make you a bookmaker.
Horseshoe: Inre: Las Vegas having zero cojones, what do the Stardust, and Mirage take on baseball totals? $200 or $300, I believe. Talk about getting your point accross without saying a word!
>>>deal the lines according to what your booking...(man that is really hard to do for alot of shops it seems)<<< These days there are a lot more "line movers" than there are bookmakers. Just because someone lets you sit in the "big chair" doesn't make you a bookmaker.
Horseshoe: Inre: Las Vegas having zero cojones, what do the Stardust, and Mirage take on baseball totals? $200 or $300, I believe. Talk about getting your point accross without saying a word!
You can be safe from stea 2 ways...
Be pinnacle/olympic and be the first to move on your own accord or be Bodog and open one line to the game time bettors.
I thnk the more live lines programs that come out the less we will see early lines from some books and steam at all.
D2, How was Vegas??
IF you get a chance chime in on my thread.
-BD/SC
Be pinnacle/olympic and be the first to move on your own accord or be Bodog and open one line to the game time bettors.
I thnk the more live lines programs that come out the less we will see early lines from some books and steam at all.
D2, How was Vegas??
IF you get a chance chime in on my thread.
-BD/SC
Horseshoe,
No arguement the books are marketing towards the square player. Wouldn't you? I mean, the whole idea of booking is to make money. Simple as that. I know that seems a little simplistic but in reality it's the basic player vs the bookie idea. Players want to win and the books want to win.... but someone's got to lose. I will agree that Vegas is a joke. I've got locals taking higher action on some things than Vegas does.
No arguement the books are marketing towards the square player. Wouldn't you? I mean, the whole idea of booking is to make money. Simple as that. I know that seems a little simplistic but in reality it's the basic player vs the bookie idea. Players want to win and the books want to win.... but someone's got to lose. I will agree that Vegas is a joke. I've got locals taking higher action on some things than Vegas does.
Lazy isn't the word I think, more like greedy. I think a lot of books that move on air might be driven by fear a little, but more to the point its greed. After all if you feel certain that a good number of your players are going to play, but only because of moves then they figure why not get that action but make them pay more? Bookies are greedy, but its tougher to be greedy these days with so much competition. Just look at the old outs before offshore, most of them just looked at every good customer's ledger and instantly tacked on a point for whoever they saw them betting regularly when they called in. That was pure greed and they got away with it and the movement to avoid steam I believe is much the same.
