The Cocaine of Gambling................. this is it..

[Bluehorseshoe]

well if you started last game with GS, you'd be down close to 25k to start the year.. they never even made it close to the #..


all you need is to get lucky and pick the game that goes to triple OT shootout and you are set for awhile.

a nice 142-139 triple OT shootout game that the total was 206.. and you make 75,000$

But you have to realize every book I've seen has a cap for it and it's usually a 20 pt cap.

[Nicky Santoro]

my local owns a 1 million dollar mansion here in montreal and drives a big expensive truck in winter and a lexus in summer.. i know he has lots of money, so he must be doing great..

if i had alot of time, i'd go through every nba game this year and its spread and see how much i'd be up or down if i played every over this year at -110 when i lose.. i bet i'd be down big money, even though this seems too easy..

we have to remember that even though with the OT's and all, that half the games go under and half go over the #... but when you lose, you lose 10% on each pt..

that's gotta hurt the bankroll..

[fiveteamer]

Nicky, you should be a bookie.

You are on the wrong side.

[jjgold]

Bread would of loved this type of gambling

[Ganchrow]

Using Covers.com data, then betting to win 1 unit per action point on the listed total with no cap, the breakeven on the over dating back to the 1990/1991 season would be about -106.0.

This betting style would have been more successful this season-to-date. At -110 odds it would have resulted in a net gain of +108.7 unit over 553 games.

That'd be +0.1930 units per game with a standard deviation of 17.6931 units.

Capping action points at 10, however, breakeven on the over dating back to the 1990/1991 season would be about +100.3.

Season-to-date, capping at 10 action points and betting the over at -110 odds would have resulted in a net of -157.0 unit over 553 games.

That'd be -0.2874 units per game with a standard deviation of 8.7794 units.

[Hoja Verdes]

i've got a story i can tell about action points, it's pretty insane.

a local small-time bookie-on-the-side guy ("guy") is down 280k to the largest local book ("book") in town. guy convinces book to let him bet every single basketball game on the board (ncaab and nba) OVER the total, every saturday and sunday--no exceptions, must play every game...action points, $1000/pt, even money. guy has up and down weeks and starts really slow the first month or so, running his total to -325k at one point--but over the course of the season, he had a few huge overtime weekends and killed it. About 60 days in, the book made him start playing them all at -110 instead of +100, but it was too late. He had another couple big weekends and was done. So in a little less than 3 months, he got his account back to 0 from -280k and then hit the brakes and abandoned the 'system.' He ended up stopping at +20k, sitting on it for about a month, then collecting it all. It was easily the craziest sequence of events I've ever seen when it comes to this crazy 'hobby' we discuss on these forums. I'd argue that if he tried it again this year in the exact same situation, he'd probably have the opposite result, and run his total to -500k. total roll of the dice, no brains, all balls. pure insanity.

[Nicky Santoro]

a local small-time bookie-on-the-side guy ("guy") is down 280k to the largest local book ("book") in town. guy convinces book to let him bet every single baskeball game on the board (ncaab and nba) OVER the total...action points, $1000/pt, even money. guy has up and down weeks and starts really slow the first month or so, running his total to -325k at one point--but over the course of the season, he had a few huge overtime weekends and killed it. About 60 days in, the book made him start playing them all at -110 instead of +100, but it was too late. He had another couple big weekends and was done. So in a little less than 3 months, he got his account back to 0 from -280k and then hit the brakes and abandoned the 'system.' He ended up stopping at +20k, sitting on it for about a month, then collecting it all. It was easily the craziest sequence of events I've ever seen when it comes to this crazy 'hobby' we discuss on these forums.

why would a bookie allow a small town bookie guy who owes him 280k to bet 1k a point? why would he not ask him to settle some of the 280k? and it went to 325k and this guy still continued to book his action? something is not right here.. the guy couldn't pay him any of the 325k, so he let this small bookie guy bet 1k a point till it went back to 0.. what if he kept on losing and it went to 450k? this dont make sense. why wouldn't the book ask him to pay at least half his balance, before he can bet again?. it's obvious this guy didnt have the money to pay his debt, so he took a free shot.

[Hoja Verdes]

why would a bookie allow a small town bookie guy who owes him 280k to bet 1k a point? why would he not ask him to settle some of the 280k? and it went to 325k and this guy still continued to book his action? something is not right here.. the guy couldn't pay him any of the 325k, so he let this small bookie guy bet 1k a point till it went back to 0.. what if he kept on losing and it went to 450k? this dont make sense. why wouldn't the book ask him to pay at least half his balance, before he can bet again?. it's obvious this guy didnt have the money to pay his debt, so he took a free shot.

the short answer is that they had a long business history together working in the same market, were close acquaintances, and it's more like a poker game at that point. and the book probably thought that if he took the guy completely under, he could get his 75 or so customers that lose 150k+ total each year on average, 8 years running.

[Richkas]

I'd be betting unders. Look how much you would be up when its 0-0

[Nicky Santoro]

I'd be betting unders. Look how much you would be up when its 0-0

When GS is about to tip off at 1035pm and you have under 229 for 1k a pt, you can say to everyone that you had close to 1/4 million in your name before the game started as you were up 230,000 dollars when it is 0-0 to start game..

[Richkas]

When GS is about to tip off at 1035pm and you have under 229 for 1k a pt, you can say to everyone that you had close to 1/4 million in your name before the game started as you were up 230,000 dollars when it is 0-0 to start game..

lol, and lost it all in 48 minutes

[rm18]

5 dimes used to have this for every sport but they got buried offering it. Too much value taking small dogs. A 1.5 point dog has a 50% chance to win the game but if they win by 2 you win by 3.5 points and if they lose by 2 you only lose half a point