Can someone explain scalping to me?

deucedeuce · Oct 26, 2006

heard alot of guys talking about it, i honestly dont know what it means

Doug · Oct 26, 2006

get a line that guarantees a profit, like +105 on both teams, or anytime the positive number is larger than the negative number.

+180,-175

etc.

Hitman26 · Oct 26, 2006

<TABLE borderColor=blue width=680 border=0><TBODY><TR class=accountHeader><TD align=left>Ticket</TD><TD align=left>Accepted</TD><TD align=left>Event</TD><TD align=left>Type</TD><TD align=left>Description</TD><TD align=middle></TD><TD align=middle>Risking</TD><TD align=middle><NOBR>To Win</NOBR></TD></TR><TR class=tableText height=30><TD class=accountText vAlign=top noWrap>84240105-1
1

</TD><TD class=accountText vAlign=bottom noWrap>3:39pm
22-Oct-06</TD><TD class=accountText vAlign=bottom noWrap>10:00am
29-Oct-06</TD><TD class=accountText vAlign=bottom noWrap>Football
Spread</TD><TD class=accountText vAlign=bottom align=left>Seattle Seahawks vs Kansas City Chiefs (+3.5) for Game</TD><TD class=accountText vAlign=bottom noWrap align=right>-157</TD><TD class=accountText vAlign=bottom noWrap align=right>6,280.00</TD><TD class=accountText vAlign=bottom noWrap align=right>4,000.00</TD></TR><TR class="" id=pitcher0><TD class=accountText colSpan=2></TD><TD class=accountText></TD><TD class=accountText noWrap align=left>NFL</TD></TR></TBODY></TABLE>

Ok look at this line I got Sunday night. I have KC +3.5 risking 6280 to win 4,000.

Right now I can bet Seattle -3.5 risking 4,000 to win 16,320. If Seattle were to win by 4 or more I would make $10,040 risk free. I would break even if KC were to lose by 3 or less or win the game.

I could also tinker the amount bet on Seattle and have any range of outcomes including betting a certain amount where I would win the exact same amount no matter what the outcome.

Scalping is betting both sides of the same game and having a profitable outcome if either side wins or having a profitable outcome if one side wins and Break even if the other side wins.

deucedeuce · Oct 26, 2006

thanks guys

Dawoofdaddy · Oct 26, 2006

Very nice work Hitman.

:103631605

DonMelchor · Oct 26, 2006

Hitman26 said:
<TABLE borderColor=blue width=680 border=0><TBODY><TR class=accountHeader><TD align=left>Ticket</TD><TD align=left>Accepted</TD><TD align=left>Event</TD><TD align=left>Type</TD><TD align=left>Description</TD><TD align=middle></TD><TD align=middle>Risking</TD><TD align=middle><NOBR>To Win</NOBR></TD></TR><TR class=tableText height=30><TD class=accountText vAlign=top noWrap>84240105-1
1

</TD><TD class=accountText vAlign=bottom noWrap>3:39pm
22-Oct-06
</TD><TD class=accountText vAlign=bottom noWrap>10:00am
29-Oct-06
</TD><TD class=accountText vAlign=bottom noWrap>Football
Spread
</TD><TD class=accountText vAlign=bottom align=left>Seattle Seahawks vs Kansas City Chiefs (+3.5) for Game</TD><TD class=accountText vAlign=bottom noWrap align=right>-157</TD><TD class=accountText vAlign=bottom noWrap align=right>6,280.00</TD><TD class=accountText vAlign=bottom noWrap align=right>4,000.00</TD></TR><TR class="" id=pitcher0><TD class=accountText colSpan=2></TD><TD class=accountText></TD><TD class=accountText noWrap align=left>NFL</TD></TR></TBODY></TABLE>

Ok look at this line I got Sunday night. I have KC +3.5 risking 6280 to win 4,000.

Right now I can bet Seattle -3.5 risking 4,000 to win 16,320. If Seattle were to win by 4 or more I would make $10,040 risk free. I would break even if KC were to lose by 3 or less or win the game.

I could also tinker the amount bet on Seattle and have any range of outcomes including betting a certain amount where I would win the exact same amount no matter what the outcome.

Scalping is betting both sides of the same game and having a profitable outcome if either side wins or having a profitable outcome if one side wins and Break even if the other side wins.

Why don't you just risk $3500, and assure your self at least $500, you would get a profit anyway..... just an idea:howdy:

Hitman26 · Oct 26, 2006

Don Melchor said:
Why don't you just risk $3500, and assure your self at least $500, you would get a profit anyway..... just an idea:howdy:

I'm not going to do anything at all. I will either lose 6280$ or win 4 dimes.

That gangsta talk for 4 thousand.

Right

DonMelchor · Oct 26, 2006

not sure why, but OK..... I guess:monsters-

Santo · Oct 26, 2006

Don Melchor said:
not sure why, but OK..... I guess:monsters-

Because it's terrible covering a +EV bet with a - or =EV bet.

fathead · Oct 26, 2006

Hitman26 said:
<TABLE borderColor=blue width=680 border=0><TBODY><TR class=accountHeader><TD align=left>Ticket</TD><TD align=left>Accepted</TD><TD align=left>Event</TD><TD align=left>Type</TD><TD align=left>Description</TD><TD align=middle></TD><TD align=middle>Risking</TD><TD align=middle><NOBR>To Win</NOBR></TD></TR><TR class=tableText height=30><TD class=accountText vAlign=top noWrap>84240105-1
1

</TD><TD class=accountText vAlign=bottom noWrap>3:39pm
22-Oct-06
</TD><TD class=accountText vAlign=bottom noWrap>10:00am
29-Oct-06
</TD><TD class=accountText vAlign=bottom noWrap>Football
Spread
</TD><TD class=accountText vAlign=bottom align=left>Seattle Seahawks vs Kansas City Chiefs (+3.5) for Game</TD><TD class=accountText vAlign=bottom noWrap align=right>-157</TD><TD class=accountText vAlign=bottom noWrap align=right>6,280.00</TD><TD class=accountText vAlign=bottom noWrap align=right>4,000.00</TD></TR><TR class="" id=pitcher0><TD class=accountText colSpan=2></TD><TD class=accountText></TD><TD class=accountText noWrap align=left>NFL</TD></TR></TBODY></TABLE>

Ok look at this line I got Sunday night. I have KC +3.5 risking 6280 to win 4,000.

Right now I can bet Seattle -3.5 risking 4,000 to win 16,320. If Seattle were to win by 4 or more I would make $10,040 risk free. I would break even if KC were to lose by 3 or less or win the game.

I could also tinker the amount bet on Seattle and have any range of outcomes including betting a certain amount where I would win the exact same amount no matter what the outcome.

Scalping is betting both sides of the same game and having a profitable outcome if either side wins or having a profitable outcome if one side wins and Break even if the other side wins.

Is this sort of situation common or unusual?

Hitman26 · Oct 26, 2006

Very unusual.

DonMelchor · Oct 26, 2006

Santo said:
Because it's terrible covering a +EV bet with a - or =EV bet.

really.... WHy:toast:

rouxdogg · Oct 26, 2006

Also, where did you get that line? Thanks.

Hitman26 · Oct 26, 2006

I got it at Pinnacle.

SkinsRaj28 · Oct 26, 2006

Hitman ballin outta control...

Shit's about to get real.

D2bets · Oct 26, 2006

Santo said:
Because it's terrible covering a +EV bet with a - or =EV bet.

Would it still be terrible if his original bet had been for $10,000, or $100,000, or $1,000,000 or....? You get the picture. I think blanket statement are terrible. Always.

nimue77 · Oct 26, 2006

There's no reason both sides can't be +EV and it's not always clear which side has the better expectation.

Santo said:
Because it's terrible covering a +EV bet with a - or =EV bet.

primetime21+ · Oct 26, 2006

Don Melchor said:
really.... WHy:toast:

For example, when alot of us took the steeler free wager at mansion it was a great +ev situation. Now some people that are risk averse hedged to guarantee money. but in reality they simply cut into their super high +ev situation since they took a free situation and added 10 percent juice to a hedge thereby cutting into their +ev situation.

acw · Oct 26, 2006

primetime21 said:
For example, when alot of us took the steeler free wager at mansion it was a great +ev situation. Now some people that are risk averse hedged to guarantee money. but in reality they simply cut into their super high +ev situation since they took a free situation and added 10 percent juice to a hedge thereby cutting into their +ev situation.

I cannot agree more. I was shocked to see how many tried to hedge that one for absolutely no reason.

D2bets said:
Would it still be terrible if his original bet had been for $10,000, or $100,000, or $1,000,000 or....?

This may indeed be a bit of a different situation for some, but only if you know a line will change and are purposely over betting. In the Steeler situation plenty of high bank-roll (poker) guys were even hedging it.

By the way there is one place where hedging on a -ev can turn out to be very profitable and this has nothing to do with the size of the bank-roll.