secrets to making the spread

**JELLYBEAN** · 12-31-09, 01:24 AM

Originally posted by IrishTim

To quote Justin in a post to me a few weeks ago: "very few bookmakers want positions. The ones that stay in business anyway."

Only bookmakers that go broke are the one's that gamble recklessly(Lenny cascade is an example)

I do not know one bookmaker with a decent amount of clientele(not booking to sharps only, maybe a handful as a courtesy) that went out of business holding positions. They do not decide before hand what positions to build, they let the clients decides. Go ask Skip at grande if he has positions on sunday's. It is ridiculous and naive to think that they do not. Sure in a perfect world you want a ton of volume at -110 and to even it out..................don't work that way

Like i said before............been around this my whole life...........know a lot of bookmakers.........still going, retired or long gone...........all did VERY well for themselves...............and the ones I worked for never layed off one bet.

**THE PROFIT** · 01-05-10, 05:48 AM

I've known several local bookmakers, all of them do very well for themselves except one who is a degenerate gambler! It's like a drug dealer who uses drugs or an alcoholic who owns a bar. Gambling is the same. The money is in dealing not using

**xxbadazxx** · 01-05-10, 09:35 AM

Thanks for all of the great input from everyone

**gman2114** · 01-05-10, 09:45 AM

it is all about luck

**BebeRebozo** · 01-06-10, 05:09 PM

Originally posted by gman2114

it is all about luck

no, moneymanagement

**Inkwell77** · 08-23-12, 01:30 AM

bump!

**muffins** · 08-24-12, 11:01 AM

You offer 100 coin flips a week, heads 1.92 Tails 1.98. Do you want punters stakes to be 50% on each of the two options, or do you want to lay as much heads as possible in every flip?

Balanced action is not the goal. Laying at the right price is the goal, results will take care of themselves.

**Bigbill365** · 08-24-12, 12:46 PM

were can you find the current 2012 sagarins ratings?

**chopperocker** · 08-24-12, 05:22 PM

Originally posted by Bigbill365

were can you find the current 2012 sagarins ratings?

Page Not Found (404) | USA TODAY

http://www.usatoday.com/sports/sagarin.htm

ever heard of google search?

**357vegas** · 08-25-12, 12:52 AM

Over the course of a year, books hold many positions on games. They handicap the games just like we do, but have a much bigger staff.

**Sandinhand** · 08-28-12, 12:59 PM

Great info and read Thanks guys. It goes thru my head of what it would take to start at being a local BM. What kind of start up $$ and of course much of the good information in these posts. Anyone care to shed any light on such far flung thoughts ? Or should I post in another forum ? Thanks for the good read and info

**Bigbill365** · 08-28-12, 01:05 PM

Originally posted by Sandinhand

Great info and read Thanks guys. It goes thru my head of what it would take to start at being a local BM. What kind of start up $$ and of course much of the good information in these posts. Anyone care to shed any light on such far flung thoughts ? Or should I post in another forum ? Thanks for the good read and info

It depnds on you r clientel if its $20-$50 bets you could start with $300-$500 the only down side to a smal time book man is he normally doesnt have action on both sides thus making it more of a gamble but also could make it more of a profit.And then theres always those people that get desperate and throw there whole wad on a game.

**Vitooch** · 09-02-12, 01:45 AM

Originally posted by Peeig

Why is that Justin? As long as the bookmaker has a large enough bankroll why wouldn't positions be more profitable (although with more variance) than equal action. I guess you would need to know your market well to take a position. Probably a more likely scenario for a local bookmaker vs an online bookmaker. Risk increases, but so does profit.....right?

You answered your own question

**CHUBNUT** · 09-07-12, 05:11 PM

Originally posted by Justin7

Very few bookmakers want positions. At least those that stick around for a long time.

This person shouldnt be in a position to dictate what posts are right or wrong as he's obviously clueless. Why cant bookmakers not use the same rules that he is so convinced of EG beating the closing line, surely whats sauce for the goose is sauce for the gander. This forum is tongue tied by the opinions of Austin 7, if you dont agree with his narrow mindedness you get an infraction.

Long live the King

**mathdotcom** · 09-07-12, 05:18 PM

Well not all bookies are created equally so it depends if we're talking about Johnny the Local or Pinnacle

**statictheory** · 09-14-12, 07:33 PM

The sportsbook with deep pockets can effectively take a position by not trying to even up the action on
particular sides. using small numbers, if a book takes 11k to win 10k onthe fav and 5500 to win 5k on the dog, he is essential laying 5 to win
6 or .8333 to win 100 which is less than a 50% breakeven. If your break even was less than 50 % you think you could make money?
the books dont need to even the betting, im sure this is how they are taking positions on at least some games.
edit:
correction/ laying 4500 to win 6000 aprox 43% breakeven . over the long haul thats extremely strong

**cyberbabble** · 09-14-12, 08:13 PM

ESPN: Serving sports fans. Anytime. Anywhere.

http://espn.go.com/espnradio/play?id=8370763

Visit ESPN to get up-to-the-minute sports news coverage, scores, highlights and commentary for AFL, NRL, Rugby, Cricket, Football and more.

ESPN Chad Millman interviews Bob Scucci, top sportsbook guy for Boyd gaming. Scucci says he tries to set odds that will result in him having a position on some games. He sets lines to take advantage of people betting on public teams. He would be OK with 75% square money on one side and 25% sharp money the on the other side.

I tend to believe him since I can't think of any advantage to him saying this if it's not true.

Millman podcasts are nearly all interesting.

**MonkeyF0cker** · 09-14-12, 10:47 PM

Originally posted by cyberbabble

http://espn.go.com/espnradio/play?id=8370763

ESPN Chad Millman interviews Bob Scucci, top sportsbook guy for Boyd gaming. Scucci says he tries to set odds that will result in him having a position on some games. He sets lines to take advantage of people betting on public teams. He would be OK with 75% square money on one side and 25% sharp money the on the other side.

I tend to believe him since I can't think of any advantage to him saying this if it's not true.

Millman podcasts are nearly all interesting.

LOL. That's funny since all they do is clone Pinnacle.

Try to find an off-market number at Coasts. See ya in a few days.

**cyberbabble** · 09-15-12, 11:31 AM

Originally posted by MonkeyF0cker

See ya in a few days.

Are you stalking me?

I don't live in LV so I can't watch line moves there.

Scucci is saying "I set a line to manipulate rec bettors". What does he gain? Impress his boss/forum readers/public with how sharp he is?
Typical gambling loud mouth with puffed up ego? If you are in the gambling business you shouldn't tell your customers that they are fools and you are trying to take advantage of their foolishness.

**MonkeyF0cker** · 09-15-12, 11:38 AM

Originally posted by cyberbabble

Are you stalking me?

I don't live in LV so I can't watch line moves there.

Scucci is saying "I set a line to manipulate rec bettors". What does he gain? Impress his boss/forum readers/public with how sharp he is?
Typical gambling loud mouth with puffed up ego? If you are in the gambling business you shouldn't tell your customers that they are fools and you are trying to take advantage of their foolishness.

Yep. Pretty stupid if you ask me. Maybe he thinks he's impressing his boss or potential future employers. No idea.

You can go to the Orleans and watch him stare at the screen all day. Pretty amusing comments considering...