Books Got Hammered Today - No Question About It

[TheMoneyShot]

2 Significant NCAA basketball games... both favorites won.

Ugly Sunday for them.

A lot of wagers world wide.

[jjgold]

Yes

It's bad in Vegas

[DrunkHorseplayer]

Bad days for the LV books are never as bad as they seem because some of those winnings invariably get sunk back in.

[newguy]

You also had a 7 seeded fav so it may have helped stem the tide of money going on MSU. Could see a lot of people seeing a lot of value on the other side of that game

[Smoke]

2 games means nothing

Book is always ahead long term

[Ralphie Halves]

Bettors in general, but especially Vegas bettors give a lot of that back with parlays, square NBA bets and bad in-game wagering. Never forget that.

But for today, I'm sure they took a minus.

[jjgold]

I got beat because on sharp side

[Big Bear]

Vegas never loses

[Smoke]

The books always win in the end

[frostno98]

And they probably got it right back with the Spurs and Pacer game. Trust me, gamblers like to double down. Those people that won on Michigan State and Duke were probably feeling on top of the world and shot a good amount of it on the Grizzlies.

[jjgold]

frostry true but many guys just bet ncaa tourney ..not correlated to nba especially the big dance

[raydog]

sweet 16 and elite 8 were brutal on the books...

[Renegades]

Judging by the number of Gonzaga threads I saw, I dont think the Duke game was all that bad. Plus, the under hit in that game. I'm sure Mich St was bad though.

[jjgold]

Vegas it was bad although some did have Gonzaga

[thetrinity]

And they probably got it right back with the Spurs and Pacer game. Trust me, gamblers like to double down. Those people that won on Michigan State and Duke were probably feeling on top of the world and shot a good amount of it on the Grizzlies.

100 times the money on those ncaa games

[meader99]

Vegas it was bad although some did have Gonzaga

Almost everyone on this forum had the Zags, with some as their "bet of the year."

[jjgold]

meader good point

who had Duke?

[Big Bear]

remember fellas when MLB starts do not check the consensus sites at all.

it will only cloud your judgement

[stevenash]

remember fellas when MLB starts do not check the consensus sites at all.

it will only cloud your judgement

Says the idiot who is the king of clouded judgement.

[meader99]

meader good point

who had Duke?

Me and a couple others.

[Big Bear]

just trying to help nash

squares win in baseball much more often than football and basketball.

baseball games are rarely fixed and umpires are held to a much higher standard in MLB than in other leagues.

[Evolved137]

meader good point

who had Duke?

Me.

edit- and MSU.

only 2 plays. No chasing happening around here.

[CWD]

great post we got the king of clouded judgement and sbr's premiere douchebag in the same thread

[Big Bear]

great post we got the king of clouded judgement and sbr's premiere douchebag in the same thread

lol chill out holmes

[stevenash]

great post we got the king of clouded judgement and sbr's premiere douchebag in the same thread

Says the broke dik ful that can't scrape together 20o dollars to go pro.
Next relevant post of yours will be your first.

[Albert Pujols]

You put up Duke -2 and you deserve to get hammered.

[Ralphie Halves]

Just heard Jimmy Vaccaro on the radio today say that the books didn't get hit that bad. Some guy at Lucky's would have won $60K if Gonzaga would have won outright.

People need to quit imagining what they think happens to the books. It's usually nowhere near that. Then they ignore parlays, futures, in-game, things like that where the books have enormous advantages every time.

Some of you think I'm being a dick when I bring these things up, but it really is in your best interest to not be so dumb about this stuff.

[stevenash]

And 60K is nothing to the book.

[Ralphie Halves]

And 60K is nothing to the book.

Yeah, it was just an example. The Zags ML bet was more popular than people think.

[CWD]

Says the broke dik ful that can't scrape together 20o dollars to go pro.
Next relevant post of yours will be your first.

tried to go pro many times but sbr system only gives me non-us option even though im in california. emailed support many times and they said nothing they could do.

[KVB]

...
People need to quit imagining what they think happens to the books. It's usually nowhere near that. Then they ignore parlays, futures, in-game, things like that where the books have enormous advantages every time.

[TheMoneyShot]

Just heard Jimmy Vaccaro on the radio today say that the books didn't get hit that bad. Some guy at Lucky's would have won $60K if Gonzaga would have won outright.

People need to quit imagining what they think happens to the books. It's usually nowhere near that. Then they ignore parlays, futures, in-game, things like that where the books have enormous advantages every time.

Some of you think I'm being a dick when I bring these things up, but it really is in your best interest to not be so dumb about this stuff.

I'm just basing everything on a "reasonable" wagering estimate... from a novice gambler. Such as...

1. Very soft favorites.

2. Sunday (heavy gambling day)

3. Only 2 games really worth wagering on...

4. The volume of wagering on this day was extremely high. (NCAA Tournament - Elite 8)

5. The inexperience gambler typically takes soft favorites.

I understand it's hard to destroy Vegas/books... But they had to take a significant dent yesterday. If I owned one... I'd be pretty pissed off at the moment. Yes, they'll get it back... but for one day... has to be a pretty bad loss.

I would only imagine 70% was on Michigan State...

And close to 70% on Duke.

[KRIT]

Books had one of their biggest profits from the first two days of the tournament. A ton of underdogs covered, something close to 70%. Public lost their ass, they are still eating off those two days.

[Ralphie Halves]

I'm just basing everything on a "reasonable" wagering estimate... from a novice gambler. Such as...

1. Very soft favorites.

2. Sunday (heavy gambling day)

3. Only 2 games really worth wagering on...

4. The volume of wagering on this day was extremely high. (NCAA Tournament - Elite 8)

5. The inexperience gambler typically takes soft favorites.

I understand it's hard to destroy Vegas/books... But they had to take a significant dent yesterday. If I owned one... I'd be pretty pissed off at the moment. Yes, they'll get it back... but for one day... has to be a pretty bad loss.

I would only imagine 70% was on Michigan State...

And close to 70% on Duke.

And that's exactly what they talked about on the radio today, and the books said it still wasn't all that bad. No significant dent after they factored everything in. Plus, there's a hidden benefit you get when you obtain x amount of brand new bettors (and sometimes future degens), from having days where there are more winners than loser by number on a popular betting day.

Makes you think, if bookmakers are looking at a day like that as an overall positive, that's pretty scary.

[stevenash]

tried to go pro many times but sbr system only gives me non-us option even though im in california. emailed support many times and they said nothing they could do.

OK I apologize.
California is anal like that? Or is the system.
I know there are five states that won't let you play fantasy.
Shit, US is sitting on a gazillion dollars in taxable revenue if they would only legalize the poker, the fantasy (which is legal in 45 states) and sports betting.

They keep giving us the same line of garbage "it'll suck in the non gamblers that don't gamble now"
The fuk it will, same as if they leagloze heroin, they claim it will turn everybody into junkies.
Hey, if you legalize heroin tommorrow, I'm still not going 100 feet near the dope.