If You were a Bookie, Would You Still Gamble ?

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Had a talk to some guys last night, and one guy says...Of Course I would Still Gamble.

I Half agree with this...and have had Talks with VD about this as well.

What would You do ?

:drink:
 

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.......OF COURSE, AND PROBABLY MORE.

HOWEVER, never would I be a bookie, they are enemies.
 

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In the old days I was know to pick up a phone ( yes we used phones children ) I would tail the sharp callers .
 

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I wouldn't. no way..

I mean, if you are the book, esstenitally you are gambling... rarely ever are you getting 50-50 action on a game, so you a clearly rooting for the other side... Why would you need to gamble, unless you are laying off action....


I don't know why this is a discussion.. for me, I feel as if you are the book, your "need" for action should be met...And if you are "tailing" someone because they are sharp and your client.. why would you continue to allow them to place bets..you are following them because clearly you believe they can and will beat you... if you think that why continue to carry him as a client..... I can't think of any logical reason why a bookie would need to gamble.... just my opinion....
 
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Perhaps! As said above, booking in essence is gambling but you have a much better percentage chance of winning and making money. Bottom line is to make money. If as a bookmaker, I was earning steadily, I doubt at this stage in my life I would gamble on my own plays.
 

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In my opinion the book has the mathematical edge, and once you start placing your own wagers you would lose said edge.

Technically, not laying off is gambling in itself isn't it :dancefool
 

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I wouldn't. no way..

I mean, if you are the book, esstenitally you are gambling... rarely ever are you getting 50-50 action on a game, so you a clearly rooting for the other side... Why would you need to gamble, unless you are laying off action....


I don't know why this is a discussion.. for me, I feel as if you are the book, your "need" for action should be met...And if you are "tailing" someone because they are sharp and your client.. why would you continue to allow them to place bets..you are following them because clearly you believe they can and will beat you... if you think that why continue to carry him as a client..... I can't think of any logical reason why a bookie would need to gamble.... just my opinion....

agree with this 100% if you are the book you are most definately rooting for a side in basically every game to maximize your profit. that right there is "action"
 

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Matt has it right

When I get +110 on any bet, it's no longer gambling, it's earning income. Once you start giving up even one cent of that edge you are asking for trouble the same way a drug dealer who smokes his supply is asking for trouble
 

NES

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I wouldn't. no way..

I mean, if you are the book, esstenitally you are gambling... rarely ever are you getting 50-50 action on a game, so you a clearly rooting for the other side... ...... I can't think of any logical reason why a bookie would need to gamble.... just my opinion....


So you are saying that if you were a pimp you would stick to masturbating since it's more profitable to have the hoes out walking the street?
 

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Some of the absolute sharpest sports bettors in history, have been bookmakers. I learned from two of the best!
 

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Yes I would. no doubt about it. Nobody is in a better postion to wager on sports than a bookie.

Also to the guy who said when you don't have even action you are gambling, that is not really the case you are booking or earning.

To the guy who said as soon as you get +110 on something you call it income, how about when the real price is +140 and you've got +110? You still call that income?

It should be all about getting the best of it period. The bm does not always have the best of it just because folks are laying him -110.

There are are several things you can do as a bettor that are stronger than booking imo.
 

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To the guy who said as soon as you get +110 on something you call it income, how about when the real price is +140 and you've got +110? You still call that income?

I wouldn't call that bookmaking either
 

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Bookie get a lot of inside info from some of the bettors who make bets with them. When you book for a long time with the same customers, you know who gets the inside info. A bookie will call most of these bets off and bet the side for himself. I know because my neighbor was a bookie and I was there when he would call in his bets.
 

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