D2Bets;
That's a term I actually learned from parlaythis @ Bet2Gamble. He calls "asymetric straddles" the lines in which the juice has been manipulated.
For example: @ -107 the line should look:
Philly +3 -107
Miami -3 -107
Since the market of reduced juice implies a lot of arbitraging, you will hardly find that type of symetric juice. You will find:
Pinny:
Philly -3 -115
Miami +3 +110
Holly:
Philly +3 -112
Miami -3 -102
PanAm:
Philly +3 -114
Miami -3 +100 (EV)
Lay 107:
Philly +2.5 +109
Miami -2.5 -123
Notice how the juice is not the same on both sides. Just a few examples of what Judge Wapner has called ARBITRAGING...
Pinny has by far the most experience on this field and that's why I think to enter the -105 is quite risky at this point. This mrket attracts a lot of shrewd players with a great sense of juice manipulation and how to make the best out of it through middling/scalping, hedging, etc...
I hope I was able to explain myself.
That's a term I actually learned from parlaythis @ Bet2Gamble. He calls "asymetric straddles" the lines in which the juice has been manipulated.
For example: @ -107 the line should look:
Philly +3 -107
Miami -3 -107
Since the market of reduced juice implies a lot of arbitraging, you will hardly find that type of symetric juice. You will find:
Pinny:
Philly -3 -115
Miami +3 +110
Holly:
Philly +3 -112
Miami -3 -102
PanAm:
Philly +3 -114
Miami -3 +100 (EV)
Lay 107:
Philly +2.5 +109
Miami -2.5 -123
Notice how the juice is not the same on both sides. Just a few examples of what Judge Wapner has called ARBITRAGING...
I hope I was able to explain myself.
Strutt;
That's not entirely accurate. Reduced juice will attract sharper players for sure. But bonuses wil attract a lot of bonus whores, limit circumventers, fake referrals and all kinds of shit.
Both things are definite perks for the player and both most be managed properly, otherwise the educated gambler will walk through the shop as if he were walking in the park in a sunny day.
A bookmaker must know his players and start getting rid of all the scum. (No pun intended)...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>However, I will say that the shops that offer low vig will retain many many more customers than your typical book that offers up 20-30% for bonus whores chasing the bonuses. <HR></BLOCKQUOTE>
That I can agree with.
That's not entirely accurate. Reduced juice will attract sharper players for sure. But bonuses wil attract a lot of bonus whores, limit circumventers, fake referrals and all kinds of shit.
Both things are definite perks for the player and both most be managed properly, otherwise the educated gambler will walk through the shop as if he were walking in the park in a sunny day.
A bookmaker must know his players and start getting rid of all the scum. (No pun intended)...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>However, I will say that the shops that offer low vig will retain many many more customers than your typical book that offers up 20-30% for bonus whores chasing the bonuses. <HR></BLOCKQUOTE>
That I can agree with.
WOL, thanks! I know all about that number manipluation, just didn't know that term -- make sense. And yes, Pinny is the master at this. Only book that routinely moves pennies at a time like that. PanAm a little I guess. But even still I think a book can hold with -105 both ways on non-key numbers. Just shade down or up a half point based on which side Pinny is shading (of course for obvious reasons I'd prefer if they didn't actually clone Pinny
D2Bets;
I realized I was watering a river when I re-read your post...
Gotta tell you, I love razzing (and being razzed, I guess) by people with brains. This should be the beginning of some good ole fun.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>But even still I think a book can hold with -105 both ways on non-key numbers. Just shade down or up a half point based on which side Pinny is shading (of course for obvious reasons I'd prefer if they didn't actually clone Pinny <HR></BLOCKQUOTE>
^ That's what I mean....
I realized I was watering a river when I re-read your post...
Gotta tell you, I love razzing (and being razzed, I guess) by people with brains. This should be the beginning of some good ole fun.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>But even still I think a book can hold with -105 both ways on non-key numbers. Just shade down or up a half point based on which side Pinny is shading (of course for obvious reasons I'd prefer if they didn't actually clone Pinny <HR></BLOCKQUOTE>
^ That's what I mean....
How about low juice for hockey? Not much competition there - only pinny and panam (to a lesser extent) are doing it as far as I can tell.
And here's another type of perk that you hardly ever see ... a loyalty bonus that increases with length of time or amount wagered. Start small (say $5 back for every $1000 wagered) and increase up to a max amount (say $50 back for every $1000 wagered). The benefit here is that this encourages customers to stay instead of collecting bonuses and running.
And here's another type of perk that you hardly ever see ... a loyalty bonus that increases with length of time or amount wagered. Start small (say $5 back for every $1000 wagered) and increase up to a max amount (say $50 back for every $1000 wagered). The benefit here is that this encourages customers to stay instead of collecting bonuses and running.
1 time 10% initial sign up bonus, (bonuses is not what im after)
10 cent MLB lines up to -1.80 (even my locals do this)
-1.08 juice, (dont go lower, you wont survive)
deal a NHL moneyline. (even my locals do this)
hang in there, continue sponsoring the contests here (they are appreciated)
10 cent MLB lines up to -1.80 (even my locals do this)
-1.08 juice, (dont go lower, you wont survive)
deal a NHL moneyline. (even my locals do this)
hang in there, continue sponsoring the contests here (they are appreciated)
all i can say, is if you want my business, you must deal the 10 cent MLB line up to -1.80.
baseball is in the news everyday and its months away, guys are going to be excited about this mlb season, dont be left out..
hit it hard, right after march madness, guys are beginning to be turned off by the bonuses, look in another direction..
baseball is in the news everyday and its months away, guys are going to be excited about this mlb season, dont be left out..
hit it hard, right after march madness, guys are beginning to be turned off by the bonuses, look in another direction..
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by BeverlyHillsBookie:
nets2k2. After every month you can request to have your limits doubled. So, this month 2k, next month 4k, and so on. This is done at your request, and our wagering floor manager decides to accept/increase your limit....or keep it the same.
Hope that helps.
Justin
-BHB<HR></BLOCKQUOTE>
Or just offer 10k on sides and totals instead of making players wait a few months to get it.
nets2k2. After every month you can request to have your limits doubled. So, this month 2k, next month 4k, and so on. This is done at your request, and our wagering floor manager decides to accept/increase your limit....or keep it the same.
Hope that helps.
Justin
-BHB<HR></BLOCKQUOTE>
Or just offer 10k on sides and totals instead of making players wait a few months to get it.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by The MD Kid:
How about low juice for hockey? Not much competition there - only pinny and panam (to a lesser extent) are doing it as far as I can tell.
And here's another type of perk that you hardly ever see ... a loyalty bonus that increases with length of time or amount wagered. Start small (say $5 back for every $1000 wagered) and increase up to a max amount (say $50 back for every $1000 wagered). The benefit here is that this encourages customers to stay instead of collecting bonuses and running.<HR></BLOCKQUOTE>
Check out lay107 for hockey.
How about low juice for hockey? Not much competition there - only pinny and panam (to a lesser extent) are doing it as far as I can tell.
And here's another type of perk that you hardly ever see ... a loyalty bonus that increases with length of time or amount wagered. Start small (say $5 back for every $1000 wagered) and increase up to a max amount (say $50 back for every $1000 wagered). The benefit here is that this encourages customers to stay instead of collecting bonuses and running.<HR></BLOCKQUOTE>
Check out lay107 for hockey.
acw;
When you talk, I listen. When you post, I read... but c'mon now, are you telling me Pinnacle books? Are you serious or is this sarcasm? (I'm not being sarcastic myself)
Pinnacle has a betting office, that's a fact. If Pinny has an opinion, it will be reflected on their numbers. If they don't, then their numbers will sit right on the middle of the screen.
Pinnacle gambles and they book and they gamble when booking too.
"For those that do not get it does BHB try to have a closed book like Pinnacle?" Are you serious?
When you talk, I listen. When you post, I read... but c'mon now, are you telling me Pinnacle books? Are you serious or is this sarcasm? (I'm not being sarcastic myself)
Pinnacle has a betting office, that's a fact. If Pinny has an opinion, it will be reflected on their numbers. If they don't, then their numbers will sit right on the middle of the screen.
Pinnacle gambles and they book and they gamble when booking too.
"For those that do not get it does BHB try to have a closed book like Pinnacle?" Are you serious?
