Watch out for books gambling on the SB

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  • louis
    SBR Wise Guy
    • 09-23-06
    • 763

    #1
    Watch out for books gambling on the SB
    What happened with a book several years back they took a position on the superbowl, then went out of business when that position lost.

    For example, a book may make the line -7.5 instead of -7. This of course attracts a lot of action on Chicago, and the book is gambling rather than balancing action.

    If Indianapolis covers the -7.5, then the book will win a lot of money. If Chicago wins the book simply goes out of business and leaves.

    The two warning signs of this scam are 1) a book that is not putting up a line within the range for the consensus line on the game 2) a book that caters almost exclusively to the U.S. market - and figures with the coming sharp decline in business (end of football season and end of easy payment processing), there is nothing left any how.

    I don't see any A books doing this, but it is certainly possible a book like Betmania, Hollywood, Carib, could do something like this.
  • freebie
    SBR MVP
    • 08-10-05
    • 1174

    #2
    Betmania would come in mind.
    Comment
    • LT Profits
      SBR Aristocracy
      • 10-27-06
      • 90963

      #3
      Also Aces Gold. Had New England +14.5 vs. the Rams.
      Comment
      • BuddyBear
        SBR Hall of Famer
        • 08-10-05
        • 7233

        #4
        Have to be very careful these days....
        Comment
        • wrongturn
          SBR MVP
          • 06-06-06
          • 2228

          #5
          Don't think Carib will scam you like that. My fedex check from them arrived in two days. Best customer service I had.
          Comment
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