Why do the books want the action at the last minute?

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Last fall, I was playing $2,000 per wager on college football. Wagermall started limiting me to these wagers only on Saturday mornings after 9:00am CST. They would not take the bets for Saturday on Friday nights.

Why do they do this?

I can't figure it out.

Later,
Books Worst Enemy
 

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Books Worst Enemy said:
Last fall, I was playing $2,000 per wager on college football. Wagermall started limiting me to these wagers only on Saturday mornings after 9:00am CST. They would not take the bets for Saturday on Friday nights.

Why do they do this?

I can't figure it out.

Later,
Books Worst Enemy

Not sure I would classify Wagermall as "books."
 

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Maybe they had lower limits on what's considered an over nite line so after 9am Central was their normal uptime and full limits with an updated line.
 

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I never had a problem with Guardian. But Wagermall refused early action. How is this advantageous for the sportsbook?

Later,
Books Worst Enemy
 

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Some books don't post their lines before 10am Eastern and some have lines up all the time so it's a book to book thing on limits not during normal office hours.

9am Central is still 2 hours before the first kickoff so it's not exactly last minute limit action which no book really wants at post (5 minutes before kick) unless it's balancing a game out.
 

I am sorry for using the "R" word - and NOTHING EL
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here's a guess

odds are by making you wait until the last minute it can keep you from getting the best number out there - so instead of laying -3 or getting +3 now you would be forced to lay -3.5 or take +2.5 and if the game fallas 3 - you will lose a game you could have pushed or even won earlier in the week (assuming you are willing to play the game at this price)

personally it sounds like chickenshit and if i were you i would say "Adios" and go elsewhere - and from the sound of things - that is what they want to have happen
 

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Winky is right that there are plenty of books who don't care about 2 dime bets and where you can play around the clock for those amounts (Olympic & CRIS) as an example.
 

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most books dont care when the action comes in...........



note: if they had a choice, smaller shops would prefer the largest action early
 

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I'd say the reason books tend to have higher limits on game day is because they will have accumulated more money on both sides so a given bet will not move the line as much. That gives them a better chance to balance and make their hold. To see what I mean just watch what Pinnacle does to its lines when you hit them early with a limit bet. If it's -6 -105/-105 say, it will go to -6 +104/-114 right after you pop it which means they really want action on the other side and will settle for a miniscule one-point (quarter percent) hold to get it. It's just sound risk management IMO. On game day they can make their usual higher hold since the same bet will only budge the line a point or two, if that.
 

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I guess cos' they don't have a lot of supervisors or managers to control the big wagers, who really knows???? :icon_conf
 

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