WildBill said:Look no one has stated something very important here, something I have referred to many times before. Your time is precious and should come at a cost. I could be a scalper and make some money, but highly doubtful it would match what I make in my day job. I suspect for many on here that is also the case. There is many dollars out there to be made, but they must be shared and they disappear quick.
You know sometimes its funny what you read on here about people saying its a beautiful day outside, but they are on here or sweating out games. It may seem crazy, but that is the life you lead if you are out working small edges for a living. Be prepared to work your butt off for hours on end if this is something you ever decide to pursue. Be sure you love doing this for a profit and you don't have better options to pursue. For a few it might make sense, but I suspect for the mass majority it won't. In any case don't approach this as "can it be done?", but instead "should it be done?"
drunkguy said:scalping anything out at SIA is a major mistake
particularly when you are playing the other side at a rock solid book like Pinny
you have a massively good bet on the SIA line and you are throwing it away by betting into a negative expectation bet at Pinny.
All in the name of an 8 cent scalp
then to top it off you will get booted from SIA after winning too much, but 90% of those "winnings" went straight into Pinnacle's pocket leaving you with the scraps
use your heads people
Woody0 said:That's a matter of opinion, for example in today's conference finals the SIA money line side was on Denver and Seattle. So I suppose it was a mistake taking these two positions?
jeffksu said:the stations where we play...together my wife and i have over $6,000.00 in comps...for any of their restuarants...gift shops etc...we also both smoke so all of our cigs are free..we get 3 packs per day...also stations has this game within a game using your player's card...as long as your player's card is inserted in the machine...it's called jumbo jackpot.....it starts at $100,000.00 and it must hit before it gets to $150,000.00...it is a random thing and if you have your player's card in the machine when it hits you also win 50.00 free bucks..not much but hey when you are playing 50. is 50....well, to make a long story short..i hit the jumbo jackpot a while back for $143,120.95...without a winning hand on the machine...it is a random thing that just locks your machine up and they come and pay you just as though you win a jackpot...they also gave 100,000 points for my player's card a $1,000. in voucher's for the steak house...needless to say it was a very good day...then the following week i hit 3 royal flushes for $4,000. each on the same machine in 45 minutes....i'm trying to get my taxes together as we speak...i have $192,000 of w-2's...just from the casino's this year....that's it in a nut shell....jeffksu
drunkguy said:NOT a mistake takinjg those 2 positions prices were very depressed compare to the overall market or "fair value"
big mistake scalping them off into a "fair line" at one of the big shops
Fish is right, SIA has taken a lot of money on these scalps, that is due to 58% favorites covering this season and nothing else. Their lines are still wrong though
Risk is proportional to reward, scalping shit lines vs Pinny lines, you are transferring the risk to Pinny, and when they absorb that risk they are also absorbing some of your profits
D2bets said:That's all very nice and academic and theoretical, but I'm not sure there can't be value on both sides if you time it right and shop both ways. At least that what's my Pinnacle results keep telling me.
Budworth22 said:Drunkguy has somewhat of a point. SIA will pay you though, and it is not THAT difficult to make a new name or 2, or 3, or 4, (especially with 120 frat brothers willing to signup if I flip them a 20..)
So, if you have several SIA accounts (which I am not admitting to), you could have made some easy coin today.
drunkguy said:how do you know there was value on both sides?
you will win at both shops, sure, that doesn't mean anything though
have you looked at your results in light of how much money you would have made had you only bet into the "weak" line?
drunkguy said:you may want to check some old threads here
SIA will give you the runaround, especially if they think you are circumventing their policies
you better have unique IPs for every account, different addresses, etc,etc
wait until you have 10k in SIA in a bogus account (only $500 of which is actual profit since you lost the rest on the other end of your scalps)
Then try sweating it out while they decide if they are going to pay you the 10k or not. It won't be fun.
there is some history with SIA, and there is always some risk at the shops you are finding the good end of these scalps at
just something to keep in mind