Ok...my local guy is moving the lines so bad I can offset the bet in Vegas and lock in some $ on a handful of games.
For example, today he has the Rangers at -175 and LAA at +155. I can bet the Rangers elsewhere at -147.
I am betting the dog with the local guy at the max bet...3000 per game...I can manipulate within a spreadsheet to determine the midpoint of locking in the profit to the point I don't care who wins....
In this case I could bet the dog with the local and the payout would be $4,650 while I could bet $4,550 to win $3,095 in Vegas on the favorite....basically I win $95 if the favorite wins or $100 if the dog wins...
Is there a way to come up with a formula based on the odds of both teams if I just want to lock in the middle?
This has worked like a charm over the last 8 days...up 8k....and heading back to Vegas in the morning...