Scalping, Middling

[edub69]

Can someone explain to me how these strategies work? I think I have middled on my own without knowing what it was called, but I have seen references to scalping and I have no idea what that means. Little help, please? Thanks.

 

[blueedwards]

scalping is simply taking two sides of the same bet, risking nothing and making a small profit. it is most common in baseball. example:

the giants are playing the cardinals. pinnacle has giants -110, cardinals +103. sia has cardinals -125, giants +105. assuming you have accounts at both books, you take the cardinals at pinnacle for $200 and you take the giants at sia for $200. you risk nothing and have a guaranteed profit of $6.

scalps are most common in money line wagers but you can find them on point spread wagers sometimes.

 

[edub69]

scalping is simply taking two sides of the same bet, risking nothing and making a small profit. it is most common in baseball. example:

the giants are playing the cardinals. pinnacle has giants -110, cardinals +103. sia has cardinals -125, giants +105. assuming you have accounts at both books, you take the cardinals at pinnacle for $200 and you take the giants at sia for $200. you risk nothing and have a guaranteed profit of $6.

scalps are most common in money line wagers but you can find them on point spread wagers sometimes.

Thanks for the info. Scalping doesn't seem like it's that great of a strategy unless you are either wagering huge sums of money, or if you are not interested in making a large profit. Middling carries more risk, but if you hit 1 out of 20 middles then you at least break even, provided you place the same $$ wager each time. Do I have this correct?

 

[blueedwards]

Thanks for the info. Scalping doesn't seem like it's that great of a strategy unless you are either wagering huge sums of money, or if you are not interested in making a large profit. Middling carries more risk, but if you hit 1 out of 20 middles then you at least break even, provided you place the same $$ wager each time. Do I have this correct?

right.

scalps are useful when you have to roll over balances to get a payout. also, there are some people around here with huge balances at several books. if they see a nice scalp...it can mean $200 profit with no risk. can't argue with that.

 

[WHALE]

What about hedging?

 

[Woody0]

Hedging is most often used to "protect" futures bets or parlays.

Say you have a 4 team parlay with only one game left to be played. In that case you might make a straight bet on the other team to guarantee a profit.

Another situation is that you have bet a future on say the winner of the US tennis open. In that case you might bet on their opponent in the final (or semi-final).

 

[UWinSports]

"there are some people around here with huge balances at several books."


Very risky thing to do in this buisness. Takes alot of scalps to pay for a book going belly up. Best thing to do is learn to handicap or follow a pro like myself. Bet ATS. And get your money out.

 

[blueedwards]

word to the wise...ar is not a professional

 

[quantumleap]

scalping is simply taking two sides of the same bet, risking nothing and making a small profit. it is most common in baseball. example:

the giants are playing the cardinals. pinnacle has giants -110, cardinals +103. sia has cardinals -125, giants +105. assuming you have accounts at both books, you take the cardinals at pinnacle for $200 and you take the giants at sia for $200. you risk nothing and have a guaranteed profit of $6.

scalps are most common in money line wagers but you can find them on point spread wagers sometimes.

Scalping doesn't necessarily need to have positive lines on each side to be profitable. Here is one of the best threads on this forum in regards to scalping-

http://forum2.therx.com/showthread.php?t=231015&highlight=bookmark

 

[UWinSports]

"word to the wise...ar is not a professional"

Whatever you say Blue. You just keep on posting losers and eating pig knuckles I will keep posting winners. Have a good day. Dont know why you wanted to take a shot. But usually losers do.

 

[blueedwards]

"word to the wise...ar is not a professional"

Whatever you say Blue. You just keep on posting losers and eating pig knuckles I will keep posting winners. Have a good day. Dont know why you wanted to take a shot. But usually losers do.

ar, i have no problem with you. but, this is a newbies forum and to tell these guys you are a pro when your posted game winning % over the past three years has been far less than stellar, may lead some astray. i will not allow that.

also, never had a pig knuckle...how are they?

 

[blueedwards]

Scalping doesn't necessarily need to have positive lines on each side to be profitable. Here is one of the best threads on this forum in regards to scalping-

http://forum2.therx.com/showthread.php?t=231015&highlight=bookmark

good point. i just used a simple example to illustrate what scalping is.

 

[UWinSports]

"also, never had a pig knuckle...how are they?"


Ask your mom , she will know.

By the way, how come the kids get koolaid and the adults get soda.

If nobody understands what I mean on that last sentence start paying attention in the grocery store. The koolaid is not for the adults. And to top it off its usually food stamps (link card).

 

[blueedwards]

class act all the way. talking about my mom? what are you...17 years old?

:lolBIG:

actually, i am glad you responded the way you did...leaves no doubt to the newbies as to your true character.

 

[charliepeete]

what if you are trying to scalp money out of a book and it goes the wrong way the book balance gets larger and larger and larger