Clip Joint said:
this is completely wrong -- you are confusing jobs here
oddsmakers work for Las Vegas Sports Consultants or they free lance on their own. LVSC charges books a monthly fee for their service --no commissions/bonus/profit sharing -- strictly a service that charges per month. individual employees employed as oddsmakers make between 25-50k a year generally.
if they go out on their own like a handful have, they will make more but it is hard to cover the full spectrum of sports without "outsourcing" or trading #'s
there is a big difference between oddsmakers (those who set the lines) and lines managers or sportsbook managers. the latter presumably (but rarely) take this information from the oddsmaking service and open up to their clients. more often than not, 3 or so books in the world actually use these sendouts to take any kind of real bets, then the other 98% of the books copy or post a very close number to the "consensus" that has been hammered by the "sharps".
Oddsmakers - Big Money
Linemovers - Good Ones make $100K+
Copy and Pasters - $50K If their lucky or have potential to be good Linemovers and someone takes them under their wing.
This is just what I have seen working for some of the bigger offshore books(All RX Advertisers) over the years.....
Linemovers - Good Ones make $100K+
Copy and Pasters - $50K If their lucky or have potential to be good Linemovers and someone takes them under their wing.
This is just what I have seen working for some of the bigger offshore books(All RX Advertisers) over the years.....
Maybe I am wrong but isn't there only one team of line makers and all the other books copy ? It wouldn't make sense for each book to have their own line maker. They could just copy what the other book offers. Each book has there own line mover but it dont see a reason to have a line maker. Who is the first book that comes out with the lines? Do all the books buy from this line making service and release it at similar times? How does it work ?
The copy and pasters these days are the guys at LVSC in most cases. CRIS and Pinny can set a better line than LVSC, well they already run circles around them. LVSC talks a big game, but they survive solely because Nevada's regulators basically protect them by insisting books not deal with offshores in any manner, including just copying their numbers. A book in Vegas can do a very good business just copying the Pinny line and adding some cushion to it in the form of higher vig and in fact a number of them do that in a number of sports, but they will never admit to it because of the regulators over their shoulders.
