-Newman- said:
Okay, as forementioned several times, I'm new to the online sports betting world.
From previous knowledge of betting, I have a very minor understanding of scalping and leads; however, in a "common sense" nutshell, can someone better explain the definition of each and how to research for them? Also, when do you scalp or lead (basically, how much of a line change is a good scalp / lead).
Please, any help from anyone would be appreciated.
Iceman, you seem to be the king of both, so if you view this, please answer. Thanks in advance.
First off I am far from a king on this subject. Actually a amatuer is a better word. There are MANY more educated posters that can help you on this subject but I will try and help.
You can research this subject on the search portion of this site. I have learned EVERYTHING about this subject on this forum. I had no real previous knowledge of the subject before I asked questions.
I will do my best to explain how I approach scalps and leads and maybe this will help you a little.
First off I have a 13k bankroll and I am beginning to realiize this is not at all enough. I am funded around 7-8 books and the books are VERY important. Most will agree SIA, Mansion, Matchbook, Pinnacle, Nine, and a few others are the ones the majority use for BASEBALL scalping.
Basically you are looking for lines that LOCK in a profit and the best way to explain that to someone that is learning is when the PLUS money on the dog is HIGHER than the MINUS money on the favorite.
For example if the Detroit Tigers are -120/+110 at book A and the team they are playing Boston Red Sox are getting HIGHER than +120 than this creates a scalp opprtunity. Let's say Book B has the game detroit -132/+122 meaning Boston is +122.
Now you can bet this a few different ways but lets say you bet detroit -120 to win +100 at Book A and at Book B you bet Boston -100 to win +122. Now if Detroit wins you win $100 at book A but lose your Boston bet of $100 for 0 dollars won. Let's say Boston wins than you win $122 at Book B on Boston and lose $120 at Book A(on Detroit) for a profit of $2. Now there is a way to lock a profit in if each team wins but it would be half of the above example meaning you win $1. So for each $100 bet on each team this it what you would win.
You have to be VERY quick to find these as books don't like to have a scalpable number out there for long because they will get drilled by the scalpers.
I look for a 3 cent scalp or higher which means I win around $7.50 for a $500 per side (1k total). Now do you see how you need a HUGE bankroll. One thing is if you can stay DEDICATED at this you can build a small bankroll over a long time. My goal is $50 a day which in a month would be $1,500 dollars. But this maybe difficult .
You can do scalps with any kind of bet that involves juice(runlines, totals) becuse the juice is the key number but make sure the "base" number is the same(example both books are showing a total of 9 on the game with different juice).
Taking a lead is really gambling. They are higher risk but higher reward. If you follow the sport on an everyday bases than you get a feel what way the public will bet and get a jump or headstart on them by "forecasting" which way the line will go and getting down on ONE side of the bet and than BUYING back the other side to lock in a profit. Sometimes you can get a decent profit of a lead but you can also get burned.
I hope this helps you out a little. Overall I would say NOT to mess with it for a long time and do a lot of studying up on the matter. It is a totally different mindset. You can have 5k worth of bets in action and screen watch all day and most importantly hope you are good at being accurate and if this all comes together you may win $40 bucks or so. One mistake can wipe out a months worth of profits. Chime in on some of my posts later this month I will fill you in how it is going. So far it is rough. Good luck
