Steam & Syndicate Play

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I asked the question in another thread last night, but no one answered. Appearantly, Millennium doesn't allow this type of play.

What is steam?

What is syndicate play?

Thanks,
Books Worst Enemy
 

"The Real Original Rx. Borat"
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I was thinking the same thing. He's probably their best friend.



Pancho Sanza said:
If you have to ask you must not really be the books worst enemy.:smoker2:
 

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Yes, I probably am the books best friend.:howdy:

Don't let the ID fool you. Seriously, though, what is syndicate play? What is steam?

I guess they don't allow it at the BOS sports books. But I honestly have no idea what this means.

Thanks,
Books Worst Enemy
 

Buckeye For Life
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Any play made by what's perceived at least to be from a very sharp player or group of players usually for the book's limit or close to it. Their basis for making these plays are usually considered to be for very reliable reason(s). For example, a syndicate makes a huge play on the Patriots' opposition at 12:00PM and ten minutes later everyone else finds out Tom Brady received an injury making him unlikely to start in that game before the books have had a chance to take the game off the board and readjust the number.
 

Beach House On The Moon
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Borat Sagdiyev said:
I was thinking the same thing. He's probably their best friend.

Borat, I see your English has improved drastically in only a few days...have you been taking classes at Third World University?:howdy:
 

"The Real Original Rx. Borat"
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Hi G. If I had a Tenge (Kazakhi moneys) for evey time Rx poster says this to me I would be able to retire to Balkhash by now.



Glaken said:
Borat, I see your English has improved drastically in only a few days...have you been taking classes at Third World University?:howdy:
 

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Gerneral,

So, could we say that lots of money coming in on the same side of a game from many different players would qualify as syndicate play?

If that's what syndicate play is, then Northcoast Sports and their subscribers would definitely fit the description of syndicate play.

Millennium doesn't allow syndicate play. But they go out of their way to hold the lines for 15 minutes after Northcoast releases a play for this particular 'syndicate'.

It seems to me that Betmill is walking on both sides of the fence on this issue.

Any thoughts????

As for steam play, the thread above never defined it with any certainty.

Is the steam player the guy who bets big enough to move the line initially? If so, then I guess we change the definition of steam player to anyone who bets amounts large enough to cause line movement, which in itself should be legal because the books are the ones setting maximum wager amounts and they're the ones with the right to circle a game.

Or is the steam player the guy who bets with the crowd after the line has already moved against the side he's gonna take? If that's the case, and if it's causing trouble for the books, then why don't the books just circle the game and start moving the line more aggresively? In other words, a guy plays large on a favorite at -5. All the book has to do at that point is circle the game and instead of moving the line from -5 to -5.5, move it to -8. The circle prevents the guy who bet big on -5 from reversing direction and betting the dog at +8. As more money still comes in on the favorite, quickly move the line to -8.5. Then to -9.

Thanks for any help on this,
Books Worst Enemy
 

ODU GURU
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Think of STEAM as the driving force causing lines to move when the orginator and followers all start to bet the same side of a game... Of course, the orginator and his beards will end up with the BEST number but many followers don't care about taking a half point or more the worse of it...

All of this collectively = STEAM....

THE SHRINK
 

Another Day, Another Dollar
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Books Worst Enemy said:
Gerneral,

So, could we say that lots of money coming in on the same side of a game from many different players would qualify as syndicate play?

A syndicate will grab the number they desire and fire away in a swift motion.

If that's what syndicate play is, then Northcoast Sports and their subscribers would definitely fit the description of syndicate play.

Good question, but I do not think you will see that swift action I referred.

Millennium doesn't allow syndicate play. But they go out of their way to hold the lines for 15 minutes after Northcoast releases a play for this particular 'syndicate'.

It seems to me that Betmill is walking on both sides of the fence on this issue.

Any thoughts????

I am not sure what Mill is doing in this instance.

As for steam play, the thread above never defined it with any certainty.

Is the steam player the guy who bets big enough to move the line initially? If so, then I guess we change the definition of steam player to anyone who bets amounts large enough to cause line movement, which in itself should be legal because the books are the ones setting maximum wager amounts and they're the ones with the right to circle a game.

Steam begins after the syndicate IMO. Players see a line moving and they think that means something, so they are grabbing the numbers as fast as they can and like SHRINK stated, many will gladly take the weak number. The syndicates and the followers will create steam together. Steam is not a big deal to me. It is highly debatable as to what to do with it.

Or is the steam player the guy who bets with the crowd after the line has already moved against the side he's gonna take? If that's the case, and if it's causing trouble for the books, then why don't the books just circle the game and start moving the line more aggresively? In other words, a guy plays large on a favorite at -5. All the book has to do at that point is circle the game and instead of moving the line from -5 to -5.5, move it to -8. The circle prevents the guy who bet big on -5 from reversing direction and betting the dog at +8. As more money still comes in on the favorite, quickly move the line to -8.5. Then to -9.

Steam is an excuse to bookmakers. If they are managed well, they should have no problems.

Thanks for any help on this,
Books Worst Enemy

Good luck
 

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Thanks for the info.

If a steamer is a guy who watches for a sharp line movement and then bets with the majority, I can't imagine why the books would be afraid of that. When Northcoast releases their plays on Saturday morning, by the time the Northcoast subscribers listen to the recording and phone their bet into the book, the line has always moved against them. Someone watching for that line movement and jumping on the bandwagon would not profit from this, just as Northcoast's subscribers don't profit. At the end of the day, Phil Steele's organization is pretty close to .500. I've followed those clowns for years and there is no reason to bet on any of their plays in my opinion. So a steamer who's following line moves blindly might follow some good plays, but he'll also be following plays from clowns like Phil Steele. At the end of the day, he'd be lucky to hit 52%, in my opinion.

The Phil Steele example above is exactly why Millennium has no problem holding the lines for the Northcoast herd. Millennium has been booking Phil's bets for years with great profitability. Especially if the herd has read Ten Keys and they're adjusting their bet size every week.

Another thing thats puzzling about all this is the fact that the books won't take large wagers until just a few hours before the game. $500 is the limit on college football Monday through Friday. Then, on Saturday morning, if you want real action, they'll take it. Makes more sense to me that they'd want the large action early so they could adjust the lines and get the sides more evenly balanced. A guy phoning in a large wager an hour before kick off doesn't give the book much chance at finding more action on the other side with a more favorable number.

The fact that Betmill says they don't allow syndicate play, yet go out of their way to accommodate the Northcoast herd, tells me that they will ban any gambler at any time for any reason. Maybe it's just a disguise to keep them from paying out large dollar bonuses. Oh, we see that you've earned 90% of the $5,000 sign up bonus, so now it's time we ban you for being a 'syndicate' player. I'm not saying that's what they do, but one of the BOS books started placing limits on me last fall when I got close to earning a $6,000 sign up bonus.

Later,
Books Worst Enemy
 

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steam shouldnt concern any bookmaker...steam chasers arent doing anything special..


syndicate plays/originators on the other hand give bookmakers headaches
 

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steam shouldnt concern any bookmaker...steam chasers arent doing anything special..


syndicate plays/originators on the other hand give bookmakers headaches


SHARP POST
 
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My sources tell me Phil Steele (Northcoast Sports) is not the syndicate....they define him as a tout....

B* (the Computer boys) is a syndicated release...leading to Steammmmmmmm
 

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