Following line movement... does it work?

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  • shroomysoup
    SBR High Roller
    • 04-28-10
    • 137

    #1
    Following line movement... does it work?
    I'm pretty new to the handicapping scene. I started following line movement for college football this week, but I didn't bet the games. If I picked the games that I thought would be good according to line movement I would have made money rather than lose money this weekend. The question is, is following line movement a good way to go when it comes to college football and the NFL?
  • frankthetank
    SBR Wise Guy
    • 08-29-09
    • 652

    #2
    it's hit or miss. somedays line movement you will cash and others you will not. last minute huge plays from wise guys can move a line big and this is referred to as a "steam play". some people swear by them but the key is getting it before it moves two points, two minutes til kickoff. good luck!
    Comment
    • Shonner
      SBR MVP
      • 09-05-10
      • 1361

      #3
      Originally posted by frankthetank
      it's hit or miss. somedays line movement you will cash and others you will not. last minute huge plays from wise guys can move a line big and this is referred to as a "steam play". some people swear by them but the key is getting it before it moves two points, two minutes til kickoff. good luck!
      I love that the general handicapping public consider a play "steam" or "smart" because it has big $. As if the more you bet, the better you are...this is considered general knowledge in the sports betting world and I disagree with it 100%.

      smart money has nothing to do with big money in reality...
      Comment
      • Justin7
        SBR Hall of Famer
        • 07-31-06
        • 8577

        #4
        Originally posted by Shonner
        smart money has nothing to do with big money in reality...
        Huh?

        If you win, your bankroll grows. Smart, small money becomes smart big money.

        If you're not a winning player, you lose. Big dumb money becomes smaller. A few independently wealthy people are immune to this.

        Evolution turns smart money into big money.
        Comment
        • Shonner
          SBR MVP
          • 09-05-10
          • 1361

          #5
          Originally posted by Justin7
          Huh?

          If you win, your bankroll grows. Smart, small money becomes smart big money.

          If you're not a winning player, you lose. Big dumb money becomes smaller. A few independently wealthy people are immune to this.

          Evolution turns smart money into big money.
          I understand the theory, logic and understanding that it's considered 'fact' in this industry, but respectfully disagree to a point.

          The problem with that theory in my opinion is that people who bet big are doing so because they have a steady income (e.g., own their own profitable business, are wall street bankers). Maybe this is incorrect and biased because of the industry work in and the stuff I see on an every day basis.
          Comment
          • steve227
            SBR Hustler
            • 08-20-09
            • 61

            #6
            nuff said
            Comment
            • sharpcat
              Restricted User
              • 12-19-09
              • 4516

              #7
              Originally posted by Shonner
              I understand the theory, logic and understanding that it's considered 'fact' in this industry, but respectfully disagree to a point.

              The problem with that theory in my opinion is that people who bet big are doing so because they have a steady income (e.g., own their own profitable business, are wall street bankers). Maybe this is incorrect and biased because of the industry work in and the stuff I see on an every day basis.
              Although some large wagers come from wealthy squares, a much larger majority of it comes from sharp money.

              Where a whale may max bet a game that he likes 1 time wiseguys may max bet the line at several books each time the line moves until it no longer has any value
              Comment
              • gangeriver
                SBR MVP
                • 12-23-09
                • 2138

                #8
                Originally posted by shroomysoup
                I'm pretty new to the handicapping scene. I started following line movement for college football this week, but I didn't bet the games. If I picked the games that I thought would be good according to line movement I would have made money rather than lose money this weekend. The question is, is following line movement a good way to go when it comes to college football and the NFL?
                unfortunately you will take bad lines. while sharps win, you will lose sometimes.
                Comment
                • JustinBieber
                  SBR Sharp
                  • 05-16-10
                  • 324

                  #9
                  Originally posted by frankthetank
                  it's hit or miss. somedays line movement you will cash and others you will not. last minute huge plays from wise guys can move a line big and this is referred to as a "steam play". some people swear by them but the key is getting it before it moves two points, two minutes til kickoff. good luck!
                  Please provide an nfl game which has moved 2 points 2 minutes before kickoff.
                  Comment
                  • frankthetank
                    SBR Wise Guy
                    • 08-29-09
                    • 652

                    #10
                    Usually Over/Unders will move more on a steam play in the NFL. College lines are more apt to move more.
                    One year in the bowl games, I did nothing but play steam lines and went something like 12-2. Hope this helps. PS - Cleveland this last week went from +3 to +1 at most books Sunday morn. And guess what, Cleveland won. And guess what, so did I.

                    Originally posted by JustinBieber
                    Please provide an nfl game which has moved 2 points 2 minutes before kickoff.
                    Comment
                    • Flight
                      Restricted User
                      • 01-28-09
                      • 1979

                      #11
                      Originally posted by shroomysoup
                      If I picked the games that I thought would be good according to line movement
                      The problem is you are still guessing at the line movement. Do this enough times and you will realize it's just a guess, just like how people guess at the side or guess at the stock market. Those that do well deem themselves clairvoyant; those that lose 'had some bad luck'.

                      What you need is to predict it before it moves. Just like picking a stock price before it changes.

                      It's harder than it sounds. I'm just trying to caution you to not guess on line movement; it's no different than guessing on the side.
                      Comment
                      • frankthetank
                        SBR Wise Guy
                        • 08-29-09
                        • 652

                        #12
                        Nail on the head Flight. Exactly.
                        Comment
                        • TakeIt
                          SBR Wise Guy
                          • 04-23-10
                          • 778

                          #13
                          i've seen no evidence that following line moves works. some days it does, some days it doesn't. the bookie wins again.
                          Comment
                          • donjuan
                            SBR MVP
                            • 08-29-07
                            • 3993

                            #14
                            Originally posted by TakeIt
                            i've seen no evidence that following line moves works. some days it does, some days it doesn't. the bookie wins again.
                            Cool story, bro. Books just cut limits and ban for fun when you do it.
                            Comment
                            • TakeIt
                              SBR Wise Guy
                              • 04-23-10
                              • 778

                              #15
                              Originally posted by donjuan
                              Cool story, bro. Books just cut limits and ban for fun when you do it.
                              if the line moves from -4 to -7 and i bet the -7, the bookie is going to cut my limits or ban me?

                              i think not. he'll probably send a limo.
                              Comment
                              • donjuan
                                SBR MVP
                                • 08-29-07
                                • 3993

                                #16
                                Originally posted by TakeIt
                                if the line moves from -4 to -7 and i bet the -7, the bookie is going to cut my limits or ban me?

                                i think not. he'll probably send a limo.
                                I'm talking about betting it at it's old price.
                                Comment
                                • roasthawg
                                  SBR MVP
                                  • 11-09-07
                                  • 2990

                                  #17
                                  Originally posted by donjuan
                                  I'm talking about betting it at it's old price.
                                  That's steam chasing... not what is being discussed here I don't think.
                                  Comment
                                  • JayTrotter
                                    SBR Sharp
                                    • 03-27-10
                                    • 320

                                    #18
                                    line moves are important in context. without context line moves are pretty much chasing ghosts.

                                    In my opinion the casinos make money based on taking advantage of gambler psychology, more than anything else. I would say the line moves for the most part are arbitrary. if a line goes from -12.5 to -10.5, or -6.5 to -3.5, realistically very little has changed in terms of outcome probability...

                                    If you can put the line movement together in such a way as to determine that vegas is looking for bets on one side, then you have something. By themselves line movements are meaningless..
                                    Comment
                                    • JayTrotter
                                      SBR Sharp
                                      • 03-27-10
                                      • 320

                                      #19
                                      on the note of being banned.

                                      If the casino evaluates that you are offering too much risk, they will ban you or cut your limits. online they have a lot more right to refusal.. very seldom will vegas take large bets from unknown money. Vegas is not in the business of gambling. which is kind of funny.
                                      Comment
                                      • djiddish98
                                        SBR Sharp
                                        • 11-13-09
                                        • 345

                                        #20
                                        Originally posted by JayTrotter
                                        I would say the line moves for the most part are arbitrary. if a line goes from -12.5 to -10.5, or -6.5 to -3.5, realistically very little has changed in terms of outcome probability...
                                        If that was true:

                                        A) you'd be a fool not to take any alternate line for longer odds
                                        or
                                        B) alternate line bets would be priced the same as the main spread and you could buy points for free.

                                        But this obviously isn't the case.
                                        Comment
                                        • jgilmartin
                                          SBR MVP
                                          • 03-31-09
                                          • 1119

                                          #21
                                          Originally posted by djiddish98

                                          If that was true:

                                          A) you'd be a fool not to take any alternate line for longer odds
                                          or
                                          B) alternate line bets would be priced the same as the main spread and you could buy points for free.

                                          But this obviously isn't the case.
                                          This.
                                          Comment
                                          • jojo85
                                            SBR Sharp
                                            • 03-22-10
                                            • 277

                                            #22
                                            it would be true if by very little he meant a lot...
                                            Comment
                                            • Flight
                                              Restricted User
                                              • 01-28-09
                                              • 1979

                                              #23
                                              JayTrotter, you need to understand that line points are worth percentage points of win probability, and therefore directly related to a handicapper's success.

                                              Many will reject this hypothesis. Then go on to bet the number regardless of whether it's -6.5 or -7, simply because "The Packers Rule" or "Bama dominates". They may win or lose the game and the number didn't matter for that particular instance, but if you continue to gamble (most do), that last 2.5-5% of value you are squeezing out by always getting the best number is quite significant and makes the difference between winning and losing (or losing and pushing).

                                              If one rejects this hypothesis, then they are most likely a novice gambler, or an experienced gambler that is a long term loser.
                                              Comment
                                              • wildbill044
                                                SBR Sharp
                                                • 05-02-10
                                                • 316

                                                #24
                                                I prefer to go against the squares that move the line. Opening lines that move 3 points, but in half point increments, over a few days is one way to go. Sometimes you hit that game 5-6 hours before it goes off, then you see the sharps jump in there and move it back down a couple points in an hour. That might be something to look at when trying to "guess" which way the sharps are going to bet. If it comes back toward the open by a point in a matter of a half hour, better jump on it before it goes even more. You might not get the best value, but still value nontheless.
                                                Comment
                                                • gman2114
                                                  SBR Sharp
                                                  • 10-20-09
                                                  • 418

                                                  #25
                                                  Best handicapping method. Set your own lines before they post or you view them. The wager proportionally on the differences. +3 units is bet heavier than a 0 (same prediction as Vegas). This puts the whole responsibility of you to handicap. If you don't like it mark it as fun. Track your precentage. See how you do.
                                                  Comment
                                                  • ripit4me
                                                    SBR Rookie
                                                    • 10-04-09
                                                    • 18

                                                    #26
                                                    Originally posted by JayTrotter
                                                    line moves are important in context. without context line moves are pretty much chasing ghosts.

                                                    In my opinion the casinos make money based on taking advantage of gambler psychology, more than anything else. I would say the line moves for the most part are arbitrary. if a line goes from -12.5 to -10.5, or -6.5 to -3.5, realistically very little has changed in terms of outcome probability...

                                                    If you can put the line movement together in such a way as to determine that vegas is looking for bets on one side, then you have something. By themselves line movements are meaningless..
                                                    how do you interpret these, line movements this weekend)
                                                    jacksonville vs buffalo +1 to -2; buffalo lost
                                                    new orleans (-3 to -7 overnight) vs arizona, new orleans lost
                                                    stanford (-6 to -10) vs USC, stanford didn't cover
                                                    syracuse vs fsu (-11 to -8) syracuse wins 13 to 9
                                                    M-OH vs Cincinatti(-14 to -17) cincinatti wins big
                                                    utah (-7.5 to -6) vs iowa st, utah wins big
                                                    Comment
                                                    • Thremp
                                                      SBR MVP
                                                      • 07-23-07
                                                      • 2067

                                                      #27
                                                      Selection bias.
                                                      Comment
                                                      • JustinBieber
                                                        SBR Sharp
                                                        • 05-16-10
                                                        • 324

                                                        #28
                                                        Originally posted by frankthetank
                                                        Usually Over/Unders will move more on a steam play in the NFL. College lines are more apt to move more.
                                                        One year in the bowl games, I did nothing but play steam lines and went something like 12-2. Hope this helps. PS - Cleveland this last week went from +3 to +1 at most books Sunday morn. And guess what, Cleveland won. And guess what, so did I.
                                                        I also had Cleveland but when I check the archived odds they closed at +2.5/+3. I can't find a single book which closed at +1. Im not disputing that you didn't go 12-2 on steam but you're fabricating bullshit about 2 pt line moves minutes before kickoff, especially on NFL spreads.
                                                        Comment
                                                        • RonPaul2008
                                                          SBR Hall of Famer
                                                          • 06-08-07
                                                          • 6741

                                                          #29
                                                          Originally posted by wildbill044
                                                          I prefer to go against the squares that move the line. Opening lines that move 3 points, but in half point increments, over a few days is one way to go. Sometimes you hit that game 5-6 hours before it goes off, then you see the sharps jump in there and move it back down a couple points in an hour. That might be something to look at when trying to "guess" which way the sharps are going to bet. If it comes back toward the open by a point in a matter of a half hour, better jump on it before it goes even more. You might not get the best value, but still value nontheless.
                                                          In this case, your bet and the original line may both be +EV.
                                                          Comment
                                                          • wildbill044
                                                            SBR Sharp
                                                            • 05-02-10
                                                            • 316

                                                            #30
                                                            It's all just too time consuming. shopping lines and staying on it 24/7. punching numbers into the kelly calc for 30+ games. I prefer to find one system that spits out 3-5 games a day and ride it. Here's the key to line movement: Get a great system, then make so much money that YOU move the line.
                                                            Comment
                                                            • durito
                                                              SBR Posting Legend
                                                              • 07-03-06
                                                              • 13173

                                                              #31
                                                              Originally posted by ripit4me
                                                              new orleans (-3 to -7 overnight) vs arizona, new orleans lost
                                                              Cris Line History

                                                              New Orleans / Arizona
                                                              10/10/10 11:23:21am
                                                              429
                                                              New Orleans
                                                              -6½-10
                                                              Arizona
                                                              +6½-10
                                                              10/10/10 11:22:55am
                                                              429
                                                              New Orleans
                                                              -7-10
                                                              Arizona
                                                              +7-10
                                                              10/09/10 11:59:01am
                                                              429
                                                              New Orleans
                                                              -6½-10
                                                              Arizona
                                                              +6½-10
                                                              10/08/10 07:11:52pm
                                                              429
                                                              New Orleans
                                                              -7-10
                                                              Arizona
                                                              +7-10
                                                              10/08/10 11:16:41am
                                                              429
                                                              New Orleans
                                                              -6½-10
                                                              Arizona
                                                              +6½-10
                                                              10/08/10 11:16:39am
                                                              429
                                                              New Orleans
                                                              -6-10
                                                              Arizona
                                                              +6-10
                                                              10/08/10 10:35:31am
                                                              429
                                                              New Orleans
                                                              -7-10
                                                              Arizona
                                                              +7-10
                                                              10/05/10 03:21:08pm
                                                              429
                                                              New Orleans
                                                              -6½-10
                                                              Arizona
                                                              +6½-10
                                                              10/04/10 09:51:56am
                                                              429
                                                              New Orleans
                                                              -7-10
                                                              Arizona
                                                              +7-10
                                                              10/03/10 08:00:40pm
                                                              429
                                                              New Orleans
                                                              -6½-10
                                                              Arizona
                                                              +6½-10
                                                              10/03/10 07:47:43pm
                                                              429
                                                              New Orleans
                                                              -7-10
                                                              Arizona
                                                              +7-10
                                                              10/03/10 07:35:53pm
                                                              429
                                                              New Orleans
                                                              -6½-10
                                                              Arizona
                                                              +6½-10
                                                              10/03/10 07:33:58pm
                                                              429
                                                              New Orleans
                                                              -7-10
                                                              Arizona
                                                              +7-10
                                                              10/03/10 07:33:25pm
                                                              429
                                                              New Orleans
                                                              -7½-10
                                                              Arizona
                                                              +7½-10
                                                              Comment
                                                              • brumbies
                                                                SBR MVP
                                                                • 02-21-09
                                                                • 1489

                                                                #32
                                                                Do you think the players on the field give a damn whether the line moves against/for their team?
                                                                Comment
                                                                • JustinBieber
                                                                  SBR Sharp
                                                                  • 05-16-10
                                                                  • 324

                                                                  #33
                                                                  No I dont think they do. But that doesn't matter at all does it.
                                                                  Comment
                                                                  • rsktkr
                                                                    SBR High Roller
                                                                    • 10-09-10
                                                                    • 100

                                                                    #34
                                                                    Here's a ? I have. At the larger sports book places, how much money has to be laid down to move the line .5 point?
                                                                    Comment
                                                                    • QuantumLeap
                                                                      SBR Hall of Famer
                                                                      • 08-22-08
                                                                      • 6878

                                                                      #35
                                                                      Originally posted by ripit4me
                                                                      how do you interpret these, line movements this weekend)
                                                                      jacksonville vs buffalo +1 to -2; buffalo lost
                                                                      new orleans (-3 to -7 overnight) vs arizona, new orleans lost
                                                                      stanford (-6 to -10) vs USC, stanford didn't cover
                                                                      syracuse vs fsu (-11 to -8) syracuse wins 13 to 9
                                                                      M-OH vs Cincinatti(-14 to -17) cincinatti wins big
                                                                      utah (-7.5 to -6) vs iowa st, utah wins big
                                                                      Lines move for different reasons. For example, Arizona started a rookie QB against New Orleans so the line went toward the Saints. The fact that the Cardinals covered was due to factors that outweighed the rookie QB.

                                                                      Injuries can also cause a line to move up like tonight's game with UCLA vs. Oregon. It was announced that the starting QB for UCLA would not play so the line went from -24 to eventually -26'.

                                                                      The Cincinnati line went from -14 to -17 slowly but if you were watching just before kickoff, Pinnacle moved it to -19' while other books kept it at -17. The movement from -14 to -17 doesn't necessarily mean the sharps were moving the line though. Perhaps there was news out just before kickoff that bettors at Pinnacle knew would cause Cincy to win big.
                                                                      Comment
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