Should I be the House at annual Super Bowl party?

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  • AstroTexAg
    SBR Rookie
    • 01-13-13
    • 43

    #1
    Should I be the House at annual Super Bowl party?
    Every year my friends get together for a Super Bowl party. There are typically 30-40 people who attend and everyone is ready to gamble. Squares, points by quarter and bets between friends are the typical wagers. After looking over the many prop and player bets out there I realized that most of the gamblers at the party would love to try their luck at these specialty bets but I don't think any of them have a way to place them. I've always wanted to be a bookie but don't have the time. I realized this is an opportunity to do it for one night.

    Each person probably only brings an average of $50 and there's only about 20 people who would participate. I would offer the same bets and odds as the books. I'm ok bringing a few grand just in case I lose.

    Am I crazy? Do I stand a better chance of winning or losing? I'm sure its been done before. Did you come out ahead?
  • easyliving
    SBR Hall of Famer
    • 06-25-12
    • 8876

    #2
    as the book your getting +110 its a no brainer.
    Comment
    • trytrytry
      SBR Posting Legend
      • 03-13-06
      • 23653

      #3
      yes but I would just do props..just make it seem like this is just "for fun"

      have a nice page of props listed and to get it started have no juice coin flip..that will get your action going.
      Comment
      • El Nino
        SBR Posting Legend
        • 05-03-12
        • 18426

        #4
        Reported.
        Comment
        • AstroTexAg
          SBR Rookie
          • 01-13-13
          • 43

          #5
          Violation? Should I have read the agreement?
          Comment
          • daneault23
            SBR MVP
            • 09-08-09
            • 3871

            #6
            Take em for all they're worth. They should know the risks before entering. GL pal.
            Comment
            • ProfaneReality
              SBR Hall of Famer
              • 04-14-09
              • 7607

              #7
              I do this as well... I also take 6 decks of cards and deal black jack during the game.
              Comment
              • rm18
                SBR Posting Legend
                • 09-20-05
                • 22291

                #8
                Reported! sorry pal times are tough
                Comment
                • goduke
                  SBR Posting Legend
                  • 02-17-10
                  • 11580

                  #9
                  is this really a violation? What does it violate?
                  Comment
                  • Cuse0323
                    BARRELED IN @ SBR!
                    • 12-09-09
                    • 30169

                    #10
                    Originally posted by ProfaneReality
                    I do this as well... I also take 6 decks of cards and deal black jack during the game.
                    Comment
                    • Cuse0323
                      BARRELED IN @ SBR!
                      • 12-09-09
                      • 30169

                      #11
                      Originally posted by goduke
                      is this really a violation? What does it violate?
                      They're just busting your balls man.
                      Comment
                      • AstroTexAg
                        SBR Rookie
                        • 01-13-13
                        • 43

                        #12
                        Funny. I used to deal blackjack at the same guys house until I got cleaned out one year.

                        I think Im going to do it. Seems like fun but a lot of work confirming and calculating all the bets. I figure Ill bring a printout with all the plays. Im only worried about a few of my friends who seem to have horseshoes up their a$$es getting lucky and hitting some random bet with +10,000 odds. Maybe I should fudge those bets to limit my risk.
                        Comment
                        • cankid
                          SBR Hall of Famer
                          • 08-22-08
                          • 7231

                          #13
                          Easy decision do it and dont look back
                          Comment
                          • darrell74
                            SBR Posting Legend
                            • 04-16-07
                            • 14648

                            #14
                            don't have a party w/ that many people.
                            they cost too much money and it never seems worth the headache

                            I say stay at home with a handful of people or go to a bar with wi/fi for betting

                            you're over-thinking it dude, Super Bowl parties suck when you're hosting more than 10 people.
                            Comment
                            • AstroTexAg
                              SBR Rookie
                              • 01-13-13
                              • 43

                              #15
                              Originally posted by darrell74
                              don't have a party w/ that many people.
                              they cost too much money and it never seems worth the headache

                              I say stay at home with a handful of people or go to a bar with wi/fi for betting

                              you're over-thinking it dude, Super Bowl parties suck when you're hosting more than 10 people.
                              Thats not what I'm asking.
                              Comment
                              • Easy-Rider 66
                                BARRELED IN @ SBR!
                                • 02-14-12
                                • 36873

                                #16
                                Originally posted by AstroTexAg
                                Every year my friends get together for a Super Bowl party. There are typically 30-40 people who attend and everyone is ready to gamble. Squares, points by quarter and bets between friends are the typical wagers. After looking over the many prop and player bets out there I realized that most of the gamblers at the party would love to try their luck at these specialty bets but I don't think any of them have a way to place them. I've always wanted to be a bookie but don't have the time. I realized this is an opportunity to do it for one night.

                                Each person probably only brings an average of $50 and there's only about 20 people who would participate. I would offer the same bets and odds as the books. I'm ok bringing a few grand just in case I lose.

                                Am I crazy? Do I stand a better chance of winning or losing? I'm sure its been done before. Did you come out ahead?
                                Who Knows? You are taking a risk that you will lose money. This will be a quick hit so the players could take you for a ride. Venture at your own risk. GL.
                                Comment
                                • Wilfred
                                  SBR MVP
                                  • 08-19-12
                                  • 1908

                                  #17
                                  Are your friends familiar with real gambling? Or are they expecting that when they bet $50 they will be getting $50 back if they win?
                                  Comment
                                  • AstroTexAg
                                    SBR Rookie
                                    • 01-13-13
                                    • 43

                                    #18
                                    Originally posted by Wilfred
                                    Are your friends familiar with real gambling? Or are they expecting that when they bet $50 they will be getting $50 back if they win?
                                    They know. If not I can explain it to them. Most of them have placed wagers in Vegas so they have some idea of betting odds.
                                    Comment
                                    • AstroTexAg
                                      SBR Rookie
                                      • 01-13-13
                                      • 43

                                      #19
                                      Originally posted by Easy-Rider 66
                                      Who Knows? You are taking a risk that you will lose money. This will be a quick hit so the players could take you for a ride. Venture at your own risk. GL.
                                      That worries me. A couple of guys get hot and I'm paying out.
                                      Comment
                                      • InTheDrink
                                        SBR Posting Legend
                                        • 11-23-09
                                        • 23983

                                        #20
                                        astrotex check your tumblr account

                                        i just sent you my first three plays

                                        see you sunday gueyhe
                                        Comment
                                        • darrell74
                                          SBR Posting Legend
                                          • 04-16-07
                                          • 14648

                                          #21
                                          Originally posted by AstroTexAg
                                          That worries me. A couple of guys get hot and I'm paying out.
                                          their is that, but thats unlikely-you'll come out ahead

                                          unless you got high-rollers who are foolish with their money,
                                          it doesn't seem like it'll be worth the headache, to calculate a cut for you
                                          Comment
                                          • GOIRISH
                                            SBR MVP
                                            • 09-25-10
                                            • 2072

                                            #22
                                            If you have the bankroll to back it, go for it. If not or it would cause a financial hardship then dont.

                                            And this thread shouldnt have any violations. At least one fukk a month comes on saying he booked a buddies monster bet that was sure to lose and it won and now cant afford to pay.
                                            Comment
                                            • suicidekings
                                              SBR Hall of Famer
                                              • 03-23-09
                                              • 9962

                                              #23
                                              Do it. However, be smart about it.

                                              Maybe set up a parlay card of props. 20 props on the card, $20 entry per card, with a payout structure that guarantees you a percentage of the total take. About the same amount of work for you and you protect yourself from any loss, but it's still fun for the casual fan. Maybe make a couple of the selections 2nd half only so it'll keep everyone in the game for the duration.
                                              Comment
                                              • AstroTexAg
                                                SBR Rookie
                                                • 01-13-13
                                                • 43

                                                #24
                                                I've been looking at the prop bets and can eliminate some of the longshots (+500 and up) and not have to worry about paying out big money. I can also make the maximum play $10-$20 on those bets.

                                                The parlay card is a good idea but they probably wouldn't go for it if they knew I get paid no matter what happens.
                                                Comment
                                                • suicidekings
                                                  SBR Hall of Famer
                                                  • 03-23-09
                                                  • 9962

                                                  #25
                                                  Originally posted by AstroTexAg
                                                  I've been looking at the prop bets and can eliminate some of the longshots (+500 and up) and not have to worry about paying out big money. I can also make the maximum play $10-$20 on those bets.

                                                  The parlay card is a good idea but they probably wouldn't go for it if they knew I get paid no matter what happens.
                                                  Regardless of the structure, the house deserves to get paid. Under no circumstances should you not be taking your 10% if you're going to go to the trouble of setting it up.
                                                  Comment
                                                  • TMoney33
                                                    SBR Sharp
                                                    • 08-29-10
                                                    • 388

                                                    #26
                                                    This is different from your situation, but I think the moral applies:

                                                    I set lines and booked bets on the winner of our fantasy football league this year. I had the best of it guaranteeing that if I got action on all legs I would profit. Unfortunately, I got slammed with action on one team. I kept adjusting that team down, and adjusting the other teams up, but couldn't get anywhere near enough offsetting action. Needless to say I took a pretty hard hit on something I thought was guaranteed profit.
                                                    Comment
                                                    • BigDeem5
                                                      SBR Posting Legend
                                                      • 02-26-11
                                                      • 17191

                                                      #27
                                                      Fukking do it, offer -120 both sides. fuk em good
                                                      Comment
                                                      • AstroTexAg
                                                        SBR Rookie
                                                        • 01-13-13
                                                        • 43

                                                        #28
                                                        Originally posted by BigDeem5
                                                        Fukking do it, offer -120 both sides. fuk em good
                                                        I like it! If they want better odds they can find it somewhere else or hop their a$$es on a flight to Vegas.
                                                        Comment
                                                        • pologq
                                                          SBR Posting Legend
                                                          • 10-07-12
                                                          • 19899

                                                          #29
                                                          i would do it but take offer -115 on the bets, get ur 15 cent juice, and if you really wanted to get technical you could adjust the lines as people bet so as to cover yourself and entice people to take longshots
                                                          Comment
                                                          • luckythirteen
                                                            SBR Rookie
                                                            • 09-06-09
                                                            • 6

                                                            #30
                                                            i used to always deal blackjack in the dorms in college........5-6 decks also......however, i took a boatload of the ten value cards out without telling them so i hardly would ever bust
                                                            Comment
                                                            • Azzurri
                                                              SBR Sharp
                                                              • 02-14-12
                                                              • 348

                                                              #31
                                                              Originally posted by AstroTexAg
                                                              Every year my friends get together for a Super Bowl party. There are typically 30-40 people who attend and everyone is ready to gamble. Squares, points by quarter and bets between friends are the typical wagers. After looking over the many prop and player bets out there I realized that most of the gamblers at the party would love to try their luck at these specialty bets but I don't think any of them have a way to place them. I've always wanted to be a bookie but don't have the time. I realized this is an opportunity to do it for one night.

                                                              Each person probably only brings an average of $50 and there's only about 20 people who would participate. I would offer the same bets and odds as the books. I'm ok bringing a few grand just in case I lose.

                                                              Am I crazy? Do I stand a better chance of winning or losing? I'm sure its been done before. Did you come out ahead?
                                                              you wont lose unless you don't know what you are doing or everyone plays same thing and it wins. The juice on props is insane and why the books love them...but be careful as it seems you may not know much about booking.. just put the line of game out ansd total and a few of the simple props like heads or tails etc
                                                              Comment
                                                              • Optional
                                                                Administrator
                                                                • 06-10-10
                                                                • 61854

                                                                #32
                                                                Originally posted by Azzurri
                                                                you wont lose unless you don't know what you are doing or everyone plays same thing and it wins. The juice on props is insane and why the books love them...but be careful as it seems you may not know much about booking.. just put the line of game out ansd total and a few of the simple props like heads or tails etc
                                                                What do you think is going to happen at a party if one dude gets loud about his opinion one prop will win?
                                                                .
                                                                Comment
                                                                • AstroTexAg
                                                                  SBR Rookie
                                                                  • 01-13-13
                                                                  • 43

                                                                  #33
                                                                  I appreciate all the advice. I'm not offering bets with huge lines. I can't adjust them as I go but I can set them in my favor and take bets off the board if one side gets a lot of action. If the action is higher than my liking I can just place it on my online account, though I hope it doesn't come to that.

                                                                  I'll definitely post the results right here.
                                                                  Comment
                                                                  • TMoney33
                                                                    SBR Sharp
                                                                    • 08-29-10
                                                                    • 388

                                                                    #34
                                                                    So how did you make out Tex?
                                                                    Comment
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