Do pro-friendly books ban steam players?

[illfuuptn]

For instance, if I see some reverse line movement at Pinnacle and I instantly bet big at Bookmaker before they adjust will I be banned or have my limits cut? If they accept professional action I don't see why they would, but I'd like to hear from those of you with experience. Also, which books allow sharps to play without ever lowering their limits? Thank you. POINTS WILL BE AWARDED

[mathdotcom]

[mathdotcom]

[illfuuptn]

^ 5Dimes is a recreational book though. They are open about the fact that they will lower your limits if you win or chase steam. I'm talking about books that accept pro action.

[Justin7]

Every book except Pinnacle will take countermeasures for betting steam. Greek and Cris will cut your limits to $500. Rec books will do much worse.

[illfuuptn]

Every book except Pinnacle will take countermeasures for betting steam. Greek and Cris will cut your limits to $500. Rec books will do much worse.

Do those same books that cut you down to $500 if you bet steam allow you to continue to let you bet the max if you are a sharp that is beating them straight up?

[PRC]

Justin do you believe there is such thing as reverse line movement?

[Justin7]

Do those same books that cut you down to $500 if you bet steam allow you to continue to let you bet the max if you are a sharp that is beating them straight up?

If you beat them by originating (and aren't steaming the whole market) the pro books (including Greek and Cris) don't care. If you are beating up Greek on props, they might drop your prop limits.

[Justin7]

Justin do you believe there is such thing as reverse line movement?

Define it. If it's what I think you mean, reverse line movement is a deadly predictor of winning plays.

[illfuuptn]

Define it. If it's what I think you mean, reverse line movement is a deadly predictor of winning plays.

For me reverse line movement is when the public % is on one side of a game pretty strongly yet the line moves in the opposite direction due to smart $. Thank you Justin. 1 more thing though: what books accept professional action. IOW what books do you use. Thanks again.

[TakeIt]

i've yet to see any evidence that steam or reverse line movements is anything more than short term blips on the radar screen.

[blackf1re]

I probably will be able to answer that question fairly soon as I have started to bet steamers a few days ago as an experiment. So far I have beaten the closing line 41 out of 44 times. Avg value ~6%

For instance I got Cubs > 10 @ 1.87 2 hours before the game at a book that hadn't adjusted its line yet. 5dimes closing line was 1.617. (15% value vs no-vig line)

[mathdotcom]

I probably will be able to answer that question fairly soon as I have started to bet steamers a few days ago as an experiment. So far I have beaten the closing line 41 out of 44 times. Avg value ~6%

For instance I got Cubs > 10 @ 1.87 2 hours before the game at a book that hadn't adjusted its line yet. 5dimes closing line was 1.617. (15% value vs no-vig line)

No need to experiment. If you can consistently do this you should quit your job.

[IrishTim]

Greek and Cris will cut your limits to $500. Rec books will do much worse.

This is surprising to me. Pretty much by definition, if you are betting steam you are following the market (playing the now true market price) at a book that has yet to move. It seems odd to me that Cris/Olympic would ever have an "off market" number since they compose such a large part of what I would consider the market price.

[Flying Dutchman]

i've yet to see any evidence that steam or reverse line movements is anything more than short term blips on the radar screen.

[blackf1re]

There are countless opportunities for that everyday.

Right now you can get Braves v Philies < 8 @ 1.87 / -115 (William Hill). Current 5dimes and market line is 1.709 / -141. There's only 30min between these two lines. But they will make all the difference.

[Peeig]

i've yet to see any evidence that steam or reverse line movements is anything more than short term blips on the radar screen.

Yep, chasing steam for profit is a myth, carry on.

[TakeIt]

Yep, chasing steam for profit is a myth, carry on.

i've researched thousands of games. early steam, late steam, opening steam closing steam--you name it.

everything reverted back to the mean.

[do5000]

ask Tony at 5dimes, he'll give you a polite, reasonable answer

[mathdotcom]

i've researched thousands of games. early steam, late steam, opening steam closing steam--you name it.

everything reverted back to the mean.

1] You probably agree the closing line is efficient (ie. you can't just blindly bet unders or underdogs and make a profit).

2] Yet if the closing line is -105/-105 and you're able to get +110 on one side, you don't think you can make a profit? If you chase late steam it is pretty rare that you will end up with a number worse than the closer.

Something's gotta give.

[LT Profits]

i've researched thousands of games. early steam, late steam, opening steam closing steam--you name it.

everything reverted back to the mean.

I am assuming you only used closing lines in your analysis, which is the wrong way to analyze steam chasing. You have to use the line you actually bet the game at, as mathy alluded to.

[20Four7]

Every book except Pinnacle will take countermeasures for betting steam. Greek and Cris will cut your limits to $500. Rec books will do much worse.

Greek will threaten to ban you.... you will get a phone call that goes, if you do this again you will not play here, do you understand......

Yes all books do not like steam chasers.

[20Four7]

If you beat them by originating (and aren't steaming the whole market) the pro books (including Greek and Cris) don't care. If you are beating up Greek on props, they might will drop your prop limits.

just clarifying your quote justin.

[Dank_Fire]

Matchbook is the only way to go imo....However you need to be quick. steam moves always seem to originate from matchbook, so good luck laying the same number as the wise guy.

[Jrod124]

I am banned at several shops

[Bluehorseshoe]

Shouldn't the late steam be the one to watch out for more than any thing, where's there's no risk of someone just looking to get the right number?

[diondublin]

For instance, if I see some reverse line movement at Pinnacle and I instantly bet big at Bookmaker before they adjust will I be banned or have my limits cut? If they accept professional action I don't see why they would, but I'd like to hear from those of you with experience. Also, which books allow sharps to play without ever lowering their limits? Thank you. POINTS WILL BE AWARDED

Pinnacle allegedly will not distinguish between players regarding limits. They say you can bet the published limit (often GBP30,000) as you wish. They will then probably move the line, and you can bet it again. A

[Firefox14]

Greek will threaten to ban you.... you will get a phone call that goes, if you do this again you will not play here, do you understand......

Yes all books do not like steam chasers.

That's great. "A" books that have all your information giving threats. Sports betting looks better and better every day. What's next? Will they come to my house and tie me down until I say "Uncle"?

[Nittany Lion]

lol, funny stuff,