Scalpers- Do you actually enjoy the daily grind of scalping?

Iceman · Aug 17, 2006

been doing it a little lately (and actually a little better with taking leads) but it is so hard to stay focused. I grind out $10-15 profits 5 times a day and make a solid little $50 bucks, which after 30 days adds up to $1,500 but a few games where I have an opinion can ruin any profit. Trying my best to seperate the two(scalps and actually one sided) in my record keeping so it seems worth it. Trying my hardest to syick with this thru the end of basesball.

Do you think of this more as a job because it doen't feel much like gambling which can actually be a good thing.

fightclub34 · Aug 17, 2006

i don't scalp but if you can grind out 50 a day that is pretty good. I guess that is like grinding out 50 a day playing poker. I would say scalping is better than working. why not add more to your scalp bets and make a little more at it. 1500 a month equals a very nice mortgage payment. If you think of it like that then it is well worth it.

JimmyHoffa · Aug 17, 2006

Iceman said:
been doing it a little lately (and actually a little better with taking leads) but it is so hard to stay focused. I grind out $10-15 profits 5 times a day and make a solid little $50 bucks, which after 30 days adds up to $1,500 but a few games where I have an opinion can ruin any profit. Trying my best to seperate the two(scalps and actually one sided) in my record keeping so it seems worth it. Trying my hardest to syick with this thru the end of basesball.

Do you think of this more as a job because it doen't feel much like gambling which can actually be a good thing.

I enjoy taking the gamble out of gambling. It's not for everyone but I enjoy the "treasure hunt" aspect of it.

I also make straight plays and use the scalping profits to fund that bankroll.

Fishhead · Aug 17, 2006

Jimmy Hoffa said:
I enjoy taking the gamble out of gambling. It's not for everyone but I enjoy the "treasure hunt" aspect of it.

I also make straight plays and use the scalping profits to fund that bankroll.

Nice approach Jimmy.

MrCleo · Aug 17, 2006

wait, when i see "scalping" i was thinking of scalping tickets. what does scalping mean in relation to sportsbetting? sorry if it's a dumb question

MrJ · Aug 17, 2006

It means arbitrage. Ie betting on both sides of the game to guarantee a profit. Eg Team A -102 and Team B +105

Iceman · Aug 17, 2006

One of my all-time scalps was just today. Last nite I put up an offer at Mansion of -123 for San Diego(which was accepted) and turned around today and got+ 148 and +152 on SF. I ended up locking in a little over a $50 profit, wow!!!!

assassin · Aug 17, 2006

Finding the scalp was as much a rush as finding a good number.

BowlMeOne · Aug 17, 2006

Ice,

If you put up an offer of SD -123 and it was accepted, dosen't that give you a position on the giants at +123 ? I've never made any offers on there, and maybe it was worded wrong, or Im reading wrong.

BowlMeOne · Aug 17, 2006

I like to scalp, to give myself a better price on a side I like. Example: I like team A at +130. I can find -125 available on Team B. Say my unit is 1k. I'll try to bet something like 5000 to win 4000 on team B at -125, and I'll risk 5000 to win 6500 on team A. So I still have my 1 unit on Team A, but what the resulting combination of the two bets gives me is..if my Team A wins...I'll win 6500 and lose 5000 for a net of +1500, and if I lose I'll lose 5000 and win 4000 for a net loss of 1k. So I'm risking 1k to win 1500 giving myself a net price of +150 on a team that I liked at +130.

Improving your price thru scalping is how you win at this game in my opinion.

bmo

Mr.NBA · Aug 17, 2006

BowlMeOne said:
I like to scalp, to give myself a better price on a side I like. Example: I like team A at +130. I can find -125 available on Team B. Say my unit is 1k. I'll try to bet something like 5000 to win 4000 on team B at -125, and I'll risk 5000 to win 6500 on team A. So I still have my 1 unit on Team A, but what the resulting combination of the two bets gives me is..if my Team A wins...I'll win 6500 and lose 5000 for a net of +1500, and if I lose I'll lose 5000 and win 4000 for a net loss of 1k. So I'm risking 1k to win 1500 giving myself a net price of +150 on a team that I liked at +130.

Improving your price thru scalping is how you win at this game in my opinion.

bmo

slick69 · Aug 17, 2006

i would be exstatic if i made 1500 a month scalping. If you counted the bonuses and didn't claim it on taxes your making more than some make working their ass off 5 days a week

fightclub34 · Aug 17, 2006

yeah if someone can make 1500 a month scalping why even gamble. I dont think gambling it worth it. In the long run most lose so why not guarantee a profit with 1500 a month for 5 hours a day of work. Like the one poster it is almost a challenge finding scalps so it makes it fun and interesting

Anti-liberal · Aug 17, 2006

Iceman said:
Do you think of this more as a job because it doen't feel much like gambling which can actually be a good thing.

Believe me, you're gambling for sure. You're gambling that your money is safe and that you'll get paid (like me with my account at mvpsportsbook.com). Anytime someone else is holding your money and you have ZERO legal recourse to recover it, it's gambling.

onemwtheone · Aug 17, 2006

True enough, A-L, but scalping also forces you to have your money spread out over several books. Losing one won't kill you.

whalewager · Aug 17, 2006

depends on how much u have in it genius.

Anti-liberal · Aug 17, 2006

It won't kill you, but losing 7 dimes like I did with MVP negates a lot of scalps. There's nothing good about that. Anyways, for shopping purposes one should be playing with at least 4 or 5 books even if not scalping.

SamOdom · Aug 17, 2006

$1500.00 a month :103631605

scalping is great.

Throw some NCAA basketball 'middles' into your scalping then you have found the Holy Grail. Straight sports gambling as the gambler is a losing proposition not to mention is a shitty life :smoking:

outhousetim · Aug 17, 2006

The gamble is when

You've locked in one side, and seconds later you think you've locked in the other side and the odds change.

9 out of 10 times that is easily avoided, but get a line change once, or make a mistake going too fast and that's when the gambling really begins! That happened to me in baskets, where things go fast the last hour before tipoff.

I've been there, and as great as finding that great # is, it is equally as bad a feeling when you make a mistake.

Twice I've later realized I had the same side on a game (and I wasn't drinking....). I won one and lost one, and often felt at that time maybe the $50 profit wasn't worth the risk.

Have mostly done what others noted above when it comes to football, and that's take a side reducing risk. Usually can get a few down to near zero for a 3 digit profit if the timing is right.

Iceman · Aug 17, 2006

First of all let me get a few things straight.

1) scalping is hard and time consuming (screen watching) and you better be well orgainized.
2) I take leads on most of my games and that has a slight gamble to it and when you do this you better make sure you are around you're computer alot throught day and espicially right before gametime and most importantly the only reason I have got decent is am in touch with the baseball betting market right now, from betting everyday
3) Most importantly it involves a decent bankroll (my estimate of at least 15K) and you must be orgainized and make sure your books are properly funded
4) Like someone else earlier one mistake and a month full of profits are gone. It is far from no stress involved and don't forget you have a game still wide open and get away from your computer you will get burned.
5) like anything in life that is worth it, it is a slow uphill battle to start seeing results, I should know I have quit 3 times doing this.
6) I use scalping software all day. Some don' think it is neccessary but I can't do this profitably without it.
7) through trial and error you figure out what a good scalp is and what ones are not worth it (ties up your money)

I could go on and on about the negatives (which I think far out way the positives in this). I am learning a little everyday and have actually gotten better which I think is probably the mot important thing (even more important than the money). If anyone has got the impression that this is some easy ride to riches you are sadly mistaken. Study it and I mean study it for a few months before next baseball season or it will be a huge waste of time(IMO). That is why I asked the question if it was worth it to the scalpers because it does not give you the satisfaction of going 5-0 and winning 5 units, hell 5 units for me would take 10 days. Good Luck :103631605