Thinking of becoming a bookie

The General · 03-20-09, 05:57 PM

Only issue will be if they pay.

SlickFazzer · 03-20-09, 05:57 PM

why would you not? 98% of all gamblers go broke at some point. The money
is in booking games....

tullamore · 03-20-09, 05:58 PM

Pretzels may make you thirsty, something to drink and you are good.

pat venditto · 03-20-09, 05:58 PM

If five booked with a $1400 roll would he go broke within a month?

Yes -900
No +640

Tsoprano · 03-20-09, 05:59 PM

1400??

1 parlay will turn your lights off

fiveteamer · 03-20-09, 05:59 PM

patty there is no way because the key is to get even action on both sides. impossible to go broke. this bankroll is enough to get started because there is no overhead like in the offshore industry. I don't have to pay any employees or anything.

Immortality · 03-20-09, 06:00 PM

May god bless you on your new adventure.

Tsoprano · 03-20-09, 06:00 PM

Originally posted by pat venditto

If five booked with a $1400 roll would he go broke within a month?

Yes -900
No +640

i'll eat the chalk

pat venditto · 03-20-09, 06:01 PM

Fiver bookies do not get even action on all sides. Once you get one lopsided game loser you'd be running for montreal to hide in nicky's closet.

The General · 03-20-09, 06:01 PM

Originally posted by pat venditto

If five booked with a $1400 roll would he go broke within a month?

Yes -900
No +640

Pends limits really

Tsoprano · 03-20-09, 06:01 PM

Originally posted by fiveteamer

patty there is no way because the key is to get even action on both sides. impossible to go broke. this bankroll is enough to get started because there is no overhead like in the offshore industry. I don't have to pay any employees or anything.

How in the world do you intend to have even action on both sides?

You can't force someone to take something to better your situation.

fiveteamer · 03-20-09, 06:02 PM

I would just lay off parlays on Pinny. I don't see how this could hurt me.

Tsoprano · 03-20-09, 06:03 PM

getting even action on something is not common, there is usually always a slight edge on an event making you want to root for something.

BeatTheJerk · 03-20-09, 06:03 PM

Originally posted by Tsoprano

How in the world do you intend to have even action on both sides?

You can't force someone to take something to better your situation.

He will be what they call a "selective" bookie to even out his action for the weeks .....................

fiveteamer · 03-20-09, 06:04 PM

T, we are talking about the ultimate 'did not make it' types.

I will have like 40 cent lines, I will move the line on guys that try to bet something i dont want them to.

Tsoprano · 03-20-09, 06:05 PM

Originally posted by fiveteamer

I would just lay off parlays on Pinny. I don't see how this could hurt me.

And when they lose the parlays, you lose your actual money, but they still have credit to make up for it while you don't as your posting up.

Tsoprano · 03-20-09, 06:07 PM

Originally posted by BeatTheJerk

He will be what they call a "selective" bookie to even out his action for the weeks .....................

I never heard of such a thing, so they must not be doing good as bookies are as popular as taxis in New York.

He won't be making a living trying to even action all week on tiny bets with a 1400 bankroll, it's one thing if your working off the vig on 20k bets or soemthing, but the most he'd be working with is $5 vig trying to gaurantee himself.

fiveteamer · 03-20-09, 06:09 PM

T I didn't say I was trying to buy an island over here. If I can make enough money for a dinner out, then that would be great. As my rep grows, so will my bankroll.

Seriously thinking of this.

Tsoprano · 03-20-09, 06:11 PM

So you'll have a job while doing this?

Are you going to restrict teasers, if bets, etc or lay all of that off as well?

BeatTheJerk · 03-20-09, 06:11 PM

Originally posted by Tsoprano

I never heard of such a thing, so they must not be doing good as bookies are as popular as taxis in New York.

He won't be making a living trying to even action all week on tiny bets with a 1400 bankroll, it's one thing if your working off the vig on 20k bets or soemthing, but the most he'd be working with is $5 vig trying to gaurantee himself.

That was a joke T ........... apparently a dumb one !

Tsoprano · 03-20-09, 06:13 PM

Originally posted by BeatTheJerk

That was a joke T ........... apparently a dumb one !

Oh, lol my bad

pavyracer · 03-20-09, 06:17 PM

Originally posted by fiveteamer

In Toronto.

I'm moving to a new area and I think I can take advantage of some yuppie types in this condo building.

I have.

a pen

a calculator

a pager

a little black book (for phone numbers)

a lap top

about $1400 cash

pretzels

Any thoughts from the vets of this business?

god bless.

Book me this parlay for $100 for Portland St +10.5 & Florida St -2.5. If I lose I pay you $100. If I win you pay me $260. Deal?

fiveteamer · 03-20-09, 06:18 PM

You don't live in Toronto. You live in Atlanta. An according to Larry Jones it is much better in Atlanta than it is in Toronto.

pavyracer · 03-20-09, 06:21 PM

Have you ever heard of the internet 5teamer? There is a nice tool called paypal.

Tsoprano · 03-20-09, 06:23 PM

Originally posted by pavyracer

Have you ever heard of the internet 5teamer? There is a nice tool called paypal.

wtf is the internet?

JBC77 · 03-20-09, 06:32 PM

Originally posted by fiveteamer

patty there is no way because the key is to get even action on both sides. impossible to go broke. this bankroll is enough to get started because there is no overhead like in the offshore industry. I don't have to pay any employees or anything.

I think there is a lot more to successful bookmaking than meets the eye. Sure, while the key is to get even action on both sides we both know the action can be lopsided more often than not. I guess the only way to learn the nuances and intricacies of booking is to actually do it....

FT.....if your working off a small bankroll why don't you just cap the max bets, feel em out for a while....

Tsoprano · 03-20-09, 06:34 PM

Even action on a event happens under 5% of the time.

Jesse Black · 03-20-09, 08:53 PM

You need to start off with a sheet with an office. Then you can slowly build your bankroll, without turning work away. This is the worst time of year to embark on this venture. Baseball is absolutely dreadful, dull, and boring. even the cops take off.