Give me the insider scoop on how a book works?

steaktartar · Jan 15, 2009

VIEJO DINOSAUR said:
I believe that 50-50 is a myth...books need decisions to survive...way too much overhead...the thing a book fears the most is the game landing on the number...if numbers don't fall, books usually win...books have much the best of it with props, teasers, parlays, money lines, casinos, and other forms of betting...books don't mind decisions, they absolutely could not survive with the same amount of money on each side...

100% correct........you try and juice out your sharps and gamble against your eggs

Iceman · Jan 15, 2009

High volume and 50/50 on their ACTION not a one bet but all of them I would assume is just fine. 11/10 is a huge edge OVER TIME!!!

VIEJODINOSAUR · Jan 15, 2009

11/10 is huge..especially with volume..really don't think it is profitable for a book to offer -105 and continue to make money; especially for the newer books...

An intelligent linesman is a must, more important than it used to be when there was no internet...all the sucessful books have sharp individuals working for them...

$tinky · Jan 15, 2009

really don't think it is profitable for a book to offer -105

totally agree. I had somebody smart tell me he'd rather give a guy back 30% of all his losses (if he lost), than let him lay 05.

Thats probably pushing it but its not far off.

VIEJODINOSAUR · Jan 15, 2009

$tinky said:
really don't think it is profitable for a book to offer -105

totally agree. I had somebody smart tell me he'd rather give a guy back 30% of all his losses (if he lost), than let him lay 05.

Thats probably pushing it but its not far off.

I don't know if it will come to pass, but I think in the next couple years, you won't be able to find books that offer -105...I think the management of these books will wake up and smell the coffee...could be wrong, but my instinct says that these less juice shops will go back to -110...

$tinky · Jan 15, 2009

you're probably right or at least close. Probably take 05 away from the lifetime winners before they'd take it away from everybody. that way they could still advertise reduced juice.