Aren't You Tired Of The Lie?

BAGIANT · Sep 5, 2005

Supposedly sportsbooks and bookies "even' out", and that's what the line is all about! Anyone who has been around for a while know this is just a lie and games just don't even out. But if this is supposedly the truth as far as bookies and sportsbooks are concerned, how can they ever throw someone out of a book for being a "professional"? Isn't the Pro taking away some of the action that the "squares" are betting? If they really wanted to even out, they would welcome the action!

TTinCO · Sep 5, 2005

Sharp\Syndicate action comes in so strong and hard, it's really tough to balance it out at $33 a pop.

wilheim · Sep 5, 2005

It's all about decisions, all games are going to have a decision one way or another for all books. The trick is to get on the so called sharp side of that decision - not easy to do with to much sharp action.

wil.

BAGIANT · Sep 5, 2005

But there are a lot more squares out there than sharps. The whole reason for putting out a line is to attract action. And let's face it Pro action doesn't always win! So what's the books problem. They are in business to take action on games that are listed. That's the whole purpose of being a bookkmaker. If they don't like what the players want to bet, then they shouldn't be in business!

quantumleap · Sep 5, 2005

stuckinvegas said:
But there are a lot more squares out there than sharps. The whole reason for putting out a line is to attract action. And let's face it Pro action doesn't always win! So what's the books problem. They are in business to take action on games that are listed. That's the whole purpose of being a bookkmaker. If they don't like what the players want to bet, then they shouldn't be in business!

It's up to the individual book to accept a bettor or to refuse a bettor. No one says they have to take bets from a person. They make more money by taking bets from squares and refusing to take bets from sharps. Makes perfect sense to me.

TTinCO · Sep 5, 2005

I fully understand where you are coming from, but in the end-this rarely ends up being a completely liquid market.

Would you prefer that the smaller, sometimes underfunded books took on all players? How many do you think could survive one football season?

Camelot ring a bell? Panam? Everyone thinks booking is like printing money until they try it and have the sharps thrown them face down in the dirt.

Insiders · Sep 5, 2005

Long ago when BW would send out order, everyphone in the USA would ring at same time. Now think about ALL those wiseguys pounding books at the same time ALL over the world.
Trying to balance that would be a task to say the very least.
LV books i dont think get hit nearly as hard as the offshore guys nowdays.
LV books dont take as much as offshore spots in the amout of a wager.
Squares lined up to only play at the BAD numbers that are left. Squares betting a buck or two at a time vs a BW order....please there is no contest.
So only thing they can do is keep moveing the number until the find some money for the other side, some say that is the Only defense they have. Stands to reason.

jwblue · Sep 5, 2005

Insiders said:
Squares lined up to only play at the BAD numbers that are left. Squares betting a buck or two at a time vs a BW order....please there is no contest.

I am not doubting what you say. But then how do books stay in business when most of their action is from sharps?

IS

Jabow · Sep 5, 2005

Sharps??
MAn, they still have to cover the spread, they have to win the bet, they can jump on this and that as much as possible but they still have to win, unless a book put out a really bad number, then they have a chance.

cincy_ · Sep 5, 2005

Jabow said:
Sharps??
MAn, they still have to cover the spread, they have to win the bet, they can jump on this and that as much as possible but they still have to win, unless a book put out a really bad number, then they have a chance.

Not really true.

As long as YOUR BOOK loses, you're toast.

For this Miami-FSU game for the 2nd half, Pinny has a total of 17.5 and Heritage has 19.5. Both books should get one sided action. Either way, one or the other will take a BIG hit. Maybe the sharps lose - but that is irrelavent if it was your book that took the hit.

THAT is why you have limits and that is why sharps can put a hurting on you.

winbet · Sep 6, 2005

The trouble with questions like this is, inexperienced posters who know nothing of bookmaking make ridiculous comments. The posters who do have experience of bookmaking tend to give a simplified answer which really only masks the complexity of various situations.