Bearding and why it is should be done.

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Darryl Parsons said:
Max,

Bearding by definition involves someone else, usually a very big player who needs help to get all his action down because he likes to bet much more than the limit. In exchange for helping him, you get paid. From a book's perspective this is nothing more than players forming partnerships for the purpose of exceeding their limits. Usually the rules will state that this is not allowed, but it is often hard to prove.

Pinnacle has the antedote because their software automatically adjusts the line after every single (significant) play, and players are profiled so the line moves more for some players than others. Against this system, using beards or being a beard are losing propositions. Other books have not implemented such an effective antedote yet either because it's too expensive and complicated, or because they feel they can control the few isolated incidents manually.

This is how I see it anyway...I've never bearded or used beards, just common sense and observation on my part. If I made a mistake in the above, I'd appreciate it if someone in the know would point it out...

Also if the Syndicate wants to lay 5.5 and 6 on a game and everybody is using 5.5 so the syndicate will send all his beards in to lay all the 5.5 and practically all the books will go to 6 only. if the syndicate would have layed the 5.5 he wouldnt have been able to lay the 6 too.
 

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Moon88 said:
Rainbow you seem a little twisted of late. Every book at one point or another has booted a sharp. Taking stabs..... in/out is always a concern for books. Using a sharps info near gametime usually is not beneficial. Sharps are a pain........the thought of having to wait for them to come in with plays can be very time consuming and stressful. Books hang #'s to be played...some action may not be liked.
All afternoon I've been reading this statement, every book at one point or another has booted a sharp. I will find out Greenhead story,I know its two sides to every story. but anyway I think Greenhead can bet Delmar the rest of his life and not get booted. Spiro has never booted anybody from betting him without probable cause. I will find out.
 

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Max,

You're welcome. Glad you found it helpful.


Rainbow,
If you do find out, please do NOT post it here for that would be very unfair. I assume you probably wouldn't do that anyway but just in case...
 

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Darryl Parsons said:
Max,

You're welcome. Glad you found it helpful.


Rainbow,
If you do find out, please do NOT post it here for that would be very unfair. I assume you probably wouldn't do that anyway but just in case...

I"m crazy but not stupid.
 

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Rainbow:

There are a number of ways to beat a book so badly that you are asked to leave including Olympic. Sports wagering is by no means the only way. Even Spiro knows when he is facing a man he cannot beat and doesn't know why. He will cut his losses as it is a wise business decision. He's done it before and he will do it again because it is the smart thing to do. End of story.
 

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oldmanTED said:
Sports wagering is by no means the only way.

OMT,

Please enlighten me...how do you beat a sports book in some other manner than sports wagering? What else can you do there? Do you mean horses? Unusual events? I'm really starting to get confused here :icon_conf
 

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Darryl:

Didn't mean to confuse you. What I meant is Olympic, as well as many other books, offer a number of ways to be bet into of which they are at a distinct disadvantage and can and have been beaten badly and know when they are being beaten and make business decisions to cut their potential losses by limiting or booting their adversary. Traditional sporting events is not the only way they can be vulnerable. Hope that helps clarify.
 

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Thanks OMT, I think I get it now ... I'm assuming horses would be the main area of vulnerability which seems strange since the vig tends to be really high, but maybe that's exactly why they get complacent and so opportunities do crop up. Just a thought...not confused anymore...thanks.
 

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oldmanTED said:
Rainbow:

There are a number of ways to beat a book so badly that you are asked to leave including Olympic. Sports wagering is by no means the only way. Even Spiro knows when he is facing a man he cannot beat and doesn't know why. He will cut his losses as it is a wise business decision. He's done it before and he will do it again because it is the smart thing to do. End of story.

Can I ask you a question. if you had a player that was beating you why on earth would you throw him out when you can earn off of him if you understand what I"m talking about. I"m not doubting what you are saying is wrong, but I dont think you know Spiro too well.
 

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Thanks General, you made my day because I know Spiro would never boot a player betting a major sport.
 

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oldmanTED said:
Rainbow:

There are a number of ways to beat a book so badly that you are asked to leave including Olympic. Sports wagering is by no means the only way. Even Spiro knows when he is facing a man he cannot beat and doesn't know why. He will cut his losses as it is a wise business decision. He's done it before and he will do it again because it is the smart thing to do. End of story.

OMT, I have alot of respect for you, but you can accept this or not Spiro will never boot a player betting him on Football, Basketball, or Baseball sides I dont care if he loses Millions never in this world. I know him too well.
 

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Rainbow:

You need to read my posts carefully. I have consistently said that even Spiro will make business decisions to either cut limits or boot players he cannot beat when he knows it. I specifically indicated that I wasn't necessarily referring to the traditional sports. You are not privy to all the facts I am referring too here. As the response presented by The General in his communication with Spiro indicates, limits will be cut on the type of bets where he feels he is at a disadvantage and there are a number of them as he honestly stated. Reread the response from Spiro to The General. It is clear and accurate. There will be no debate from me as I know the facts involved and you do not. End of story.
 

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Even when OMT gets pissed and is wronged, he still acts with class. I can only hope I end up like him. Ted, have you ever even said a cuss word in your life? All class.
 

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oldmanTED said:
Rainbow:

You need to read my posts carefully. I have consistently said that even Spiro will make business decisions to either cut limits or boot players he cannot beat when he knows it. I specifically indicated that I wasn't necessarily referring to the traditional sports. You are not privy to all the facts I am referring too here. As the response presented by The General in his communication with Spiro indicates, limits will be cut on the type of bets where he feels he is at a disadvantage and there are a number of them as he honestly stated. Reread the response from Spiro to The General. It is clear and accurate. There will be no debate from me as I know the facts involved and you do not. End of story.

I read it all and understand it throughly. the point I"m trying to get across to you if you,tom, dick and harry beat spiro out of millions betting MAJOR Sports you will NEVER get BOOTED. End of story.
 

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Rainbow by reading your post you indicte that Spiros would rather keep losing then cut someone off. I doubt that, but you know him well. He'd rather go broke?
 

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Moon88 said:
Rainbow by reading your post you indicte that Spiros would rather keep losing then cut someone off. I doubt that, but you know him well. He'd rather go broke?

Way too smart to ever ever ever go broke.
 

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