Do Sportsbooks Really Ban Sharps? An MIT Panel Took On The Controversy

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  • danshan11
    SBR MVP
    • 07-08-17
    • 4101

    #36
    most books dont want you beating the limits or catching their mistakes, if you do this in anyway and they find out they will boot you. I still wish someone would answer my question of why would a book boot you if you are a winner and not blowing limits in some way?
    Comment
    • KiDBaZkiT
      SBR Posting Legend
      • 10-20-09
      • 14962

      #37
      Originally posted by Optional
      You're very aggressive with your opinion for someone who sounds like they understand very little about how bookmakers think.

      Chasing slow moving lines/odds (steam betting) is probably the number one reason books will limit or boot you.

      And you will often be winning from doing it. But you haven't been limited for winning. You've been limited for exploiting the tech deficences of the platform to gain that winning advantage.

      If you do have a problem being limited by multiple books, you would be doing yourself a huge favor by trying to understand the real reason why. So you can try to disguise it and/or avoid it.
      I am a very aggressive person optional, not passive aggressive either. The type of aggressive that lays you the f*** out and doesn't just try to get a rise out of someone like a manipulating piece of shit.
      Alaso I never cap how you described and do not think I could. Seems too easy and woild not wprk for me. I have a list of about 30 rules I follow written down and the word "steam" or "bad line" is not even in there. I follow rules I MADE UP, if that is not gambling then I do not know what is. Known from day one if u bet a bad line they will just cancel your bet which I am fine with that cuz they should be allowed to have those mistakes.

      I do myself a huge favor by playing at brick and mortar and being able to place the size of bets I want and get paid as soon as the final score is posted in the book. No questions asked. It is beautiful. Now I have people telling me how I cap and then furthermore have the nerve to tell me that all winners do is take advantage of bad lines and follow Pinnacle line movement?? WHAT AN INSULT!!!
      Comment
      • Darkside Magick
        SBR Posting Legend
        • 05-28-10
        • 12638

        #38
        Originally posted by danshan11
        most books dont want you beating the limits or catching their mistakes, if you do this in anyway and they find out they will boot you. I still wish someone would answer my question of why would a book boot you if you are a winner and not blowing limits in some way?

        Sometimes it's how you bet also that get you booted... If you bet a dime on one play and max bet on another that beat the line.then you setting your self up to get bounced..

        The best plan is bet the same amount on each and every play and don't max bet
        Comment
        • danshan11
          SBR MVP
          • 07-08-17
          • 4101

          #39
          if optional is saying that all winners are arbing or steaming. i think that is no true. i believe there are true long term betting winners that beat the line consistently long term
          Comment
          • Alfa1234
            SBR MVP
            • 12-19-15
            • 2722

            #40
            Originally posted by danshan11
            most books dont want you beating the limits or catching their mistakes, if you do this in anyway and they find out they will boot you. I still wish someone would answer my question of why would a book boot you if you are a winner and not blowing limits in some way?
            Plain and simple: you win money, they lose money. In the end they do not want winning clients. Even Pinnacle did something similar by halving limits for all of their agent/sharp traffic.

            All those claiming books do not ban for winning are correct in a way. However, win consistantly by beating the closing line and they'll ban you. The excuse will be you are taking stale lines, soft lines or bad lines. End result is the same. The only long term winners will be beating that closing line, so they do ban winners if you look at it that way. Period. They don't ban people that are betting NBA spreads and win for a few years, they know 99.9% of those people have been getting lucky (survivorship bias) and they'll get that money back. Beat the spread by a few points consistantly and I guarantee you the limit/boot will arrive at 99% of books.

            A few sponsors here like Pinnacle, bookmaker and to some extent Betonline are rare exceptions to that. Willhill by no means is amongst them...and neither is 5dimes.
            Comment
            • Snowball
              BARRELED IN @ SBR!
              • 11-15-09
              • 30042

              #41
              The scalping LLC's are a plague on the industry.
              They are run by sophisticated computer software geeks, accountants and lawyers.. never capping games just sorting and scheming, arranging bets in collusion. This is not what sports betting is supposed to be about.
              It is unfortunate that Hill has to spend millions trying to shake them off. These outfits cost us indirectly and good players can get caught in the wake..
              there's nothing you can do except spread it out far and wide if you want to bet big constantly you need plenty of offshore accounts in addition to Vegas and Street books and now this State run option...
              but few of us truly have needs that great. You can win a life-changing amount of money and I don't see anything stopping that prospect.

              More action providers is good for us but you have to be a spreader of action if you are a consistent winner in big figures. If books identify consistent winners, coupled with consistent losers with an endless supply of debt-backed funds to wager (etc) in big figures as connected with a multi-million dollar scalping ring then they have every right to cut them off because all they do is screw up the natural market. They belong in financial markets not sports betting. To be honest I don't believe they belong in financial markets either, but that's another story.

              It's only a matter of time before legislation is passed to clarify all this.
              Last edited by Snowball; 03-22-19, 10:11 AM.
              Comment
              • Optional
                Administrator
                • 06-10-10
                • 60775

                #42
                ^^^ Alfa & Snowball get it.

                Originally posted by danshan11
                if optional is saying that all winners are arbing or steaming. i think that is no true. i believe there are true long term betting winners that beat the line consistently long term
                Of course I wasn't saying that.

                But the people who can win long term, and get limited/booted for it, aren't the ones generally posting "I was penalized just for winning". Because they understand the game.

                And IMHO a huge proportion of those that do post that line either do not understand the real reason they were collared, or know and simply don't believe that it should be any problem for books if they bet that way.
                .
                Comment
                • danshan11
                  SBR MVP
                  • 07-08-17
                  • 4101

                  #43
                  BOL cut me down on NBA. My limits are reduced and I understand why.

                  on 250 openers I can bet 250, on 1000 getting warm limits they cut me to 500, and for max limits I have no limit.

                  they dont care or want my adjusting 250 bets, they have no interest in booking me at 1000 (this happens to be where the most profit for me was) at max limit they are not afraid of anyone at this point!
                  Comment
                  • danshan11
                    SBR MVP
                    • 07-08-17
                    • 4101

                    #44
                    Originally posted by Snowball
                    The scalping LLC's are a plague on the industry.
                    They are run by sophisticated computer software geeks, accountants and lawyers.. never capping games just sorting and scheming, arranging bets in collusion. This is not what sports betting is supposed to be about.
                    It is unfortunate that Hill has to spend millions trying to shake them off. These outfits cost us indirectly and good players can get caught in the wake..
                    there's nothing you can do except spread it out far and wide if you want to bet big constantly you need plenty of offshore accounts in addition to Vegas and Street books and now this State run option...
                    but few of us truly have needs that great. You can win a life-changing amount of money and I don't see anything stopping that prospect.

                    More action providers is good for us but you have to be a spreader of action if you are a consistent winner in big figures. If books identify consistent winners, coupled with consistent losers with an endless supply of debt-backed funds to wager (etc) in big figures as connected with a multi-million dollar scalping ring then they have every right to cut them off because all they do is screw up the natural market. They belong in financial markets not sports betting. To be honest I don't believe they belong in financial markets either, but that's another story.

                    It's only a matter of time before legislation is passed to clarify all this.
                    this is where a majority of the juice we pay goes! they have to account for this creature and it has wager and labor and programming costs.
                    Comment
                    • danshan11
                      SBR MVP
                      • 07-08-17
                      • 4101

                      #45
                      and not real stats but its something like this

                      at 250 openers 4 or 5 % win long term
                      at 1000 warmer uppers 2 or 3% win long term
                      at max bet limits <1% win long term
                      Comment
                      • Snowball
                        BARRELED IN @ SBR!
                        • 11-15-09
                        • 30042

                        #46
                        Originally posted by danshan11
                        this is where a majority of the juice we pay goes! they have to account for this creature and it has wager and labor and programming costs.
                        that's right, and they will hire detectives also but don't talk about it.
                        i have heard they are working on a legal penalty to try and scare them off - with states involved that can happen.
                        Comment
                        • Foxx
                          SBR Hall of Famer
                          • 05-25-11
                          • 5825

                          #47
                          Originally posted by danshan11
                          if optional is saying that all winners are arbing or steaming. i think that is no true. i believe there are true long term betting winners that beat the line consistently long term
                          He conceded on page 1 that maybe 5% of those collared are booted for winning the old fashioned way. Even if it was 2%, that is still a lot of people over the years.
                          Comment
                          • danshan11
                            SBR MVP
                            • 07-08-17
                            • 4101

                            #48
                            probably a lot of accounts not a lot of actual people
                            Comment
                            • yisman
                              SBR Aristocracy
                              • 09-01-08
                              • 75682

                              #49
                              Originally posted by Optional
                              The William Hill rep in that article sounded delusional, or did not know how their book operates, or will just lie to large groups of people for pay.
                              Ma was trying to pin down the reps and they kept dodging the question.

                              Like a politician. Don't answer the question asked, answer the question you wish you had been asked.

                              Only place to really bet are Pinnacle and exchanges, and of course that's not open to Americans.

                              NJ books are quick to limit, Vegas books routinely limit people, and most of the offshore places open to Americans limit (the better ones) or outright boot you (the crappy ones).
                              [quote=jjgold;5683305]I win again like usual
                              [/quote]

                              [quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]
                              Comment
                              • KiDBaZkiT
                                SBR Posting Legend
                                • 10-20-09
                                • 14962

                                #50
                                Originally posted by Hman
                                He is extremely aggressive in all of his posts no matter what the subject.

                                Needs to take it back a notch.
                                It is called being conscious. It is how man was meant to roam the earth. You have been desensitized by the world you live in. A world where you are supposed to be accepting of 2 gay fags that butt f*** but in no way shape or form should succumb to being angry, which anger is a natural human emotion. Your conscious has been erased. You have no clue. If your kids get picked on in school it is the lack of aggressiveness your seed possesses. It is guys like you why white men are being bred right off the face of the earth and being emasculated in nearly all aspects of media. Wake up. Ask the quantum field to open your 3rd eye. Awaken the human within, reclaim your birth rights as a human being.
                                Comment
                                • danshan11
                                  SBR MVP
                                  • 07-08-17
                                  • 4101

                                  #51
                                  Originally posted by KiDBaZkiT
                                  It is called being conscious. It is how man was meant to roam the earth. You have been desensitized by the world you live in. A world where you are supposed to be accepting of 2 gay fags that butt f*** but in no way shape or form should succumb to being angry, which anger is a natural human emotion. Your conscious has been erased. You have no clue. If your kids get picked on in school it is the lack of aggressiveness your seed possesses. It is guys like you why white men are being bred right off the face of the earth and being emasculated in nearly all aspects of media. Wake up. Ask the quantum field to open your 3rd eye. Awaken the human within, reclaim your birth rights as a human being.
                                  holy shit is this a ghost for david duke?

                                  my gosh we are talking about sportsbook banning assholes and I am sure of one thing books only look at one color and that is the color of money!
                                  Comment
                                  • danshan11
                                    SBR MVP
                                    • 07-08-17
                                    • 4101

                                    #52
                                    Originally posted by yisman
                                    Ma was trying to pin down the reps and they kept dodging the question.

                                    Like a politician. Don't answer the question asked, answer the question you wish you had been asked.

                                    Only place to really bet are Pinnacle and exchanges, and of course that's not open to Americans.

                                    NJ books are quick to limit, Vegas books routinely limit people, and most of the offshore places open to Americans limit (the better ones) or outright boot you (the crappy ones).
                                    why do they do it?
                                    Comment
                                    • danshan11
                                      SBR MVP
                                      • 07-08-17
                                      • 4101

                                      #53
                                      Originally posted by Alfa1234
                                      Plain and simple: you win money, they lose money. In the end they do not want winning clients. Even Pinnacle did something similar by halving limits for all of their agent/sharp traffic.

                                      All those claiming books do not ban for winning are correct in a way. However, win consistantly by beating the closing line and they'll ban you. The excuse will be you are taking stale lines, soft lines or bad lines. End result is the same. The only long term winners will be beating that closing line, so they do ban winners if you look at it that way. Period. They don't ban people that are betting NBA spreads and win for a few years, they know 99.9% of those people have been getting lucky (survivorship bias) and they'll get that money back. Beat the spread by a few points consistantly and I guarantee you the limit/boot will arrive at 99% of books.

                                      A few sponsors here like Pinnacle, bookmaker and to some extent Betonline are rare exceptions to that. Willhill by no means is amongst them...and neither is 5dimes.
                                      say you are Crappy book A
                                      and you got a line on Kentucky -5 and people are pounding Kentucky and you have a shit ton on Kentucky, you know that moving the line slightly wont cause regular bettors to get off Kentucky and switch sides. so where do you get the other side to help with excessive liability?

                                      seems like the smart play would you know everyone is going to jump on Kentucky -5 on the square side so the only way you can manage risk is to have some sharps that know 5.5 is too much and they will help lower the risk on that particular game without the sharp they are just betting and I am sure they are OK with that but its been argued that books want to even the action in most cases, not that I 100% agree with that. I think books like to be heavy on a game as long as they are not too heavy on one side and live off the juice!
                                      Comment
                                      • RonPaul2008
                                        SBR Hall of Famer
                                        • 06-08-07
                                        • 6741

                                        #54
                                        Originally posted by Hman
                                        I can tell you from experience 5dimes is one of those that won't.
                                        Could you be more wrong?
                                        Comment
                                        • DiggityDaggityDo
                                          SBR Aristocracy
                                          • 11-30-08
                                          • 81454

                                          #55
                                          Originally posted by SamsNCharge99
                                          83% of all stats are made up
                                          Comment
                                          • KiDBaZkiT
                                            SBR Posting Legend
                                            • 10-20-09
                                            • 14962

                                            #56
                                            Originally posted by danshan11
                                            holy shit is this a ghost for david duke?

                                            my gosh we are talking about sportsbook banning assholes and I am sure of one thing books only look at one color and that is the color of money!
                                            No. I was called aggressive cuz I defend myself and get offended when people call me a liar even tho it be indirectly and passive aggressive as fukk. It's coo tho. Passive aggressive guys are the ones that develop tumors from tucking their balls in every day of their entire life. Pathetic and weak. They only know what it feels like to make others angry, they will never know the pleasure of being dominant, the way man is supposed to be. That pleasure far out weighs just trying to get a reaction out of someone.
                                            Last edited by KiDBaZkiT; 03-22-19, 12:05 PM.
                                            Comment
                                            • Optional
                                              Administrator
                                              • 06-10-10
                                              • 60775

                                              #57
                                              Originally posted by KiDBaZkiT

                                              No. I was called aggressive cuz I defend myself and get offended when people call me a liar even tho it be indirectly and passive aggressive as fukk. It's coo tho. Passive aggressive guys are the ones that develop tumors from tucking their balls in every day of their entire life. Pathetic and weak.
                                              I did not say or even remotely suggest that you were lying about anything. You replied saying you did not know what I meant, and I just explained for you what I was talking about. Where are you coming up with this being called a liar BS?
                                              .
                                              Comment
                                              • danshan11
                                                SBR MVP
                                                • 07-08-17
                                                • 4101

                                                #58
                                                lets just all get along. I want to here opinions on this not two guys trying fingerbang each other
                                                Comment
                                                • danshan11
                                                  SBR MVP
                                                  • 07-08-17
                                                  • 4101

                                                  #59
                                                  Originally posted by danshan11
                                                  say you are Crappy book A
                                                  and you got a line on Kentucky -5 and people are pounding Kentucky and you have a shit ton on Kentucky, you know that moving the line slightly wont cause regular bettors to get off Kentucky and switch sides. so where do you get the other side to help with excessive liability?

                                                  seems like the smart play would you know everyone is going to jump on Kentucky -5 on the square side so the only way you can manage risk is to have some sharps that know 5.5 is too much and they will help lower the risk on that particular game without the sharp they are just betting and I am sure they are OK with that but its been argued that books want to even the action in most cases, not that I 100% agree with that. I think books like to be heavy on a game as long as they are not too heavy on one side and live off the juice!
                                                  thoughts on this!
                                                  Comment
                                                  • Foxx
                                                    SBR Hall of Famer
                                                    • 05-25-11
                                                    • 5825

                                                    #60
                                                    Butt fukin and fingerbanging. This thread took off.
                                                    Comment
                                                    • Hman
                                                      SBR Posting Legend
                                                      • 11-04-17
                                                      • 21429

                                                      #61
                                                      Originally posted by Optional
                                                      I did not say or even remotely suggest that you were lying about anything. You replied saying you did not know what I meant, and I just explained for you what I was talking about. Where are you coming up with this being called a liar BS?



                                                      Read posts #5 and #7.

                                                      Actually HE is the one that basically called someone a liar lol.
                                                      Comment
                                                      • theflyingbuffalo
                                                        SBR Rookie
                                                        • 03-03-18
                                                        • 41

                                                        #62
                                                        Can we even agree on what the specific difference between "sharp" and "steam" action is? I think that is what is most important to this discussion. For example, in NBA the lines will go down on big injury news for a few minutes. But on less significant injury news the line will not go down but the market may still end up moving a small amount on that news. If I beat that line move and end up beating close, is that being sharp or is that steam chasing?
                                                        Comment
                                                        • Louisvillekid1
                                                          SBR Aristocracy
                                                          • 10-17-07
                                                          • 52143

                                                          #63
                                                          What’s the 30 rules
                                                          Comment
                                                          • 2daBank
                                                            SBR Aristocracy
                                                            • 01-26-09
                                                            • 88966

                                                            #64
                                                            Originally posted by DeathAdder
                                                            Never been banned and I consider myself extremely sharp when it comes to sports betting. Maybe I'm just an anomaly, who knows.
                                                            It quite possible you might have a different view of yourself than books do, lol.
                                                            Comment
                                                            • KVB
                                                              SBR Aristocracy
                                                              • 05-29-14
                                                              • 74817

                                                              #65
                                                              lol at this thread.

                                                              Seem like the same topics just get recycled anymore.

                                                              Look guys, you are placing too much emphasis on winning money. That's not how the more solid books operate.

                                                              I've been limited on both golf propositions and NCAAB Totals at a major book during periods of time when I wasn't even turning a profit but I was beating the shit out of the closing line.

                                                              Think about it fellas.

                                                              Comment
                                                              • bettingman6
                                                                SBR Wise Guy
                                                                • 12-21-18
                                                                • 626

                                                                #66
                                                                Originally posted by danshan11
                                                                my question is the value of banning someone

                                                                what value is there in banning someone? Why would a book ban someone that is not breaking the rules?
                                                                if we can on the surface agree a book makes money generally by taking money on both sides.

                                                                I mean really how many non sharp bettors do you think had the moneyline on the Pacers last night. The only way you can get money on that side is to move the number enough to get someone with a model to see value on the Pacers line. the general public is not going to pump a ton of money on the dog moneyline, so it seems having some people that can actually calculate value is worth something to the book.

                                                                do you think the general public is going to be on ND state today? do you think a general bettor sitting it chilis ordering a beer and placing a bet thinks that ND state is a good bet?

                                                                I think in a way the books kinda need someone who can identify true value (AKA Sharp) and by moving their numbers they can get them to take ND state at some price point and even out their exposure, otherwise the book needs to go pay juice themselves to get some cash on the other side to minimize exposure on that game.


                                                                i think winning bettors who actually get booted, get booted because they are finding a way to cheat the limits, mutiple accounts, proxy bettors and whatever other ideas they can come up with. this could be detrimental because it puts crazy numbers on a side and they wont get enough on the other side to even out

                                                                It's a myth that the books are completely balanced. Although it's rare, there are occasionally games where over 80% of the betting is on one side.




                                                                One danger in limiting sharps that books never seem to consider is that it deters people from betting in general. There probably are plenty of people who decide not to bet because they figure they'll get banned quickly if they're any good. Of course, a vast majority of those people would have been losers if they actually bet.
                                                                Last edited by bettingman6; 03-23-19, 12:20 PM.
                                                                Comment
                                                                • KVB
                                                                  SBR Aristocracy
                                                                  • 05-29-14
                                                                  • 74817

                                                                  #67
                                                                  Never forget, there is a long term outlook for the books...

                                                                  Comment
                                                                  • Gaze73
                                                                    SBR MVP
                                                                    • 01-27-14
                                                                    • 3291

                                                                    #68
                                                                    Originally posted by Darkside Magick
                                                                    Chasing steam in stale lines is the number one reason people get booted. Period
                                                                    Why though? It makes no sense. If picking winners is as easy as chasing steam, go ahead and bet all steamers on Pinnacle, then come tell us when you're a millionaire. Let's say a team goes from +100 to -200, you bet at -200 and the bookie bans you because they don't want to lose money. If they fear they'll lose money on that game they can just put extra juice on the line and make it -250.
                                                                    Comment
                                                                    • theflyingbuffalo
                                                                      SBR Rookie
                                                                      • 03-03-18
                                                                      • 41

                                                                      #69
                                                                      Originally posted by Gaze73
                                                                      Why though? It makes no sense. If picking winners is as easy as chasing steam, go ahead and bet all steamers on Pinnacle, then come tell us when you're a millionaire. Let's say a team goes from +100 to -200, you bet at -200 and the bookie bans you because they don't want to lose money. If they fear they'll lose money on that game they can just put extra juice on the line and make it -250.
                                                                      If you're betting it at -200 that's not chasing steam in stale lines. Bookies don't want a bettor consistently getting -180 when it closes -200 if they leave up bad lines. Never played there, but from my understanding, the books that are known for banning winners like William Hill regularly leave up bad lines.
                                                                      Comment
                                                                      • goduke
                                                                        SBR Posting Legend
                                                                        • 02-17-10
                                                                        • 11580

                                                                        #70
                                                                        Originally posted by KiDBaZkiT
                                                                        I call b.s. I have been limited to 250$ plays multiple times and I never got anywhere near throwing down 5k dollar bets.
                                                                        You’re playing at the wrong books then. They are out there 100 percent
                                                                        Comment
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