If You Were A Bookmaker, Would You???.

[Doug]

Some of the answers just knock me off the chair. There are some very knowledgeable people on this forum but i guess the gambling degenerate must move some of them ,.Just because a number moves, does not mean the Holy Grail is that side. Being on the other side of the table for 30 years, it astounds me to see how some clone B/M shops stay in business. They must have awfully deep pockets.I have never moved on air and never will , however it probably would have saved a, lot this year if i had. I will move for injuries, key players out at the last minute, but never because Billy or anyone else likes that side.This has not been a good year, a lot like 1989 when the group tore everybody up. This has been a year of the sucker, however i dont know that anyone can be classified as a sucker anymore.Not with all the advantages that everyone has now. More later, back to work Buddym

If I was booking it, which I'm not, I'd be cautious. I can't possibly have an opinion on everything from Tennis to Soccer, plus USA sports. If I'm getting +110, I can lay it off at -110 or better. Last minute bets would be a problem, so I'd have low limits.

I could operate like Grande, offer only major sports, and late, but my limits would be low. No reason to play at my book. I'd operate it within my means, but you'd get a better deal elsewhere. I'd pay you, when you won, because I booked properly. I'd be OK for the guys at the bar wanting no more than $500 action. I don't want to be the local bookie. I prefer being player.

How do I collect from my customers if I'm the local ? I can't go around breaking thumbs. I don't want that end of this business.

 

[dimeplayersonly]

moving on air alone can be a bad thing to do.......ie. -18 to -20


BOOK#1.........actually takes action at -18....move to -20



BOOK#2........takes no action at -18, but copies move to -20


oops........false move.......same people who bet -18 at BOOK#1 take orders out for every +20 or better out there..........


BOOK#1.......has action at -18 and +20...(even though +20 is for more$$$$ they still have some cushion at -18.....


BOOK#2..........is swamped with action at +20 (the actuall number the sharps wanted)


the secret is too KNOW WHERE THE MONEY IS COMING FROM............manipulation is SO EASY WITH OFFSHORE BOOKS........


basically a book with "sharp clients" should only move when they do.. ie. if BOOK#2 has x-number of sharp players and they dont fire on the -18....that should tell them something.........

JUDGE...........is quit correct on a good strategy.....move but lag behind........ half point can do wonders as a "truth serum".....

a good reason to lag behind...is for the "steam chasers"........which in my book is just like any other "square"...jmo


SHRINK......................helluva good topic..

 

[Doug]

Manipulation may be easy with opening lines, less so late.

 

[dimeplayersonly]

dougJ.............anytime they are looking for a certain number.......you will see manipulation.............


three or four books move............then the whole world follows suit.........90% dont know if bw or captain kangaroo made the play..........

 

[JimFiestSux]

Would never move a line unless it was bet into my shop. But then again how many are affilliated offshore and therfore have same #'s!! Might raise the money line a tad but keep the same #.

 

[Doug]

dougJ.............anytime they are looking for a certain number.......you will see manipulation.............


three or four books move............then the whole world follows suit.........90% dont know if bw or captain kangaroo made the play..........

I'll never book, only play. Therefore I opt out of this exchange. It's still of interest.

 

[Fishhead]

Booking is more of an art than a science...............this would take me 39 hours to explain.

 

[oldmanTED]

If I were a bookmaker, I would never move my line either "on air" or just because the shop down the block moved. I would only move my number based on who made the play, i.e. a known sharp, and for how much or deal a second number to the public. Would always be careful looking for the buy back on a sharp move. Try to balance my books based on my incoming action only. Knowing and paying attention to action from other shops while wise would be tempered with actual action I would be handling, being careful not to hang numbers that can catch me both ways.

 

[jjgold]

Biggest square in the world is a guy that bets a game when it goes black on DB

 

[Fishhead]

FOLKS, you sometimes HAVE TO MOVE on air.

If EVERY book on the DB screen is showing say a -7.5 on a particular basketball game, and you are sitting on the game at -6.5 and have taken little action on the game............you need move the game to at LEAST -7 ..........ON AIR!

 

[max1234]

The real solution is to get rid of the beards.... why book syndicate action? If you track your players and they consistently are on the right side of steam then boot their ass. Pay them first but get rid of them. BW and his beards have broken a lot of small books in their time so why keep taking their action? Staying at the orignal number till you get action will get you on the wrong side more often than not. Sorry Shrink, but not all of Billy's moves are fakes.

 

[THE SHRINK]

I believe the KEY to being a successful bookmaker, besides proper money management and discipline is to KNOW YOUR CUSTOMERS...

I don't believe it is necessary to throw out beards and wise guys to be at the apex of this industry because some of the most successful shops I know cater to them...

LIMITING your sharpest players beats throwing them all out because for a little price, one gets to LEARN what the INSIDERS consider to be the proper number...

However, the downfall for both the gambler and bookmaker is GREED, period...

THE SHRINK

 

[BoratSagdiyev]

Shrink. How bad do the moves have to be going for books to stop moving their number. Even though they have not been winning the number still keeps moving in their direction. Do you think it will stop if they continue to be unsuccesful?

 

[Jabow]

There are quite a lot of assumptions thrown out here,

Now,

The OPENING LINE - is the starter, that line was based on facts, history, players, injuries etc, etc, etc that is the SOLID line, from there
you would move according to YOUR money and any FURTHER chages like
weather , players, ETC, ETC,

Most follow the changes to conform with whats there across the gambling board, when don best lights up, its because there are late breaking news/changes, or the public started their wagering hard on a team.

but you are to move according to YOUR wagers, playing follow the leaders can put you in trouble, when you started out with -9 and the screen goes to 10.5 or 11 (without any changes, injuries etc) and you Follow them and you have MONEY on YOUR line) you're notbooking right.

 

[dimeplayersonly]

SHRINK.........is correct......."know your customers" is a nice way of saying

PROFILE YOUR CUSTOMERS..........oh lord, such a dirty tactic.......whats next....dealing dual lines???:shocked:

 

[wilheim]

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