Why do books let winners continue playing?

[sycoogtit]

I'm very new to this, still trying to learn about handicapping. My question is: For the professional sports bettors out there, why do books continue to take your wagers if you continue to make money off of them? I would think that once you started making good money, they wouldn't let you wager anymore.

[GRUMPERZ]

they dont

[whatsgood5]

They often limit winners

[vsdspread]

Helps them drive lines into the hands of the square players.

[whatsgood5]

Some books will also cut people off altogether. Pay them and tell them to leave...

[vsdspread]

One other comment, a True Professional play disguises himself, buy having MANY MANY books both post up and credit. Example, if they want $5000 on a game, they might use 5-7 books to get that $5000 in.

T

[whatsgood5]

One other comment, a True Professional play disguises himself, buy having MANY MANY books both post up and credit. Example, if they want $5000 on a game, they might use 5-7 books to get that $5000 in. T

Makes a lot of sense. Seems like you'd have to do that if you were a pro

[20Four7]

Pinny, bookmaker greek (if you don't bet steam) will let you keep winning. They like the fact that the "sharp" players help them define the line. Sharp players are very rarely on opposite sides of a game at the same line. They might be at opposite sides on different lines. IE> Under 154...... and over 148...... especially in NCAA hoops.

[G's pks]

Also look at the flip side...you have some of these kids that lose day in and day out like Sammy, Bobby, and a cast of 1000's. The losers support the winners.

[DrStale]

Also look at the flip side...you have some of these kids that lose day in and day out like Sammy, Bobby, and a cast of 1000's. The losers support the winners.

Very true. Also, it is hard to gauge whether a player is going to keep winning. If you win over a period of years then they're gonna know that you're a pro and they'll limit you, but books are also smart enough to know that even guys that win consistently over a few months will very often give that money back and then some. The percentage of guys who will actually beat the books over time is incredibly small.

[Steeve]

Agree with 24-7, stick with the prime books and you don't get cut off. I have been with Bookmaker for a few years now, and even though they have cut off my perks, they don't limit my play simply because I win.

[reno cool]

losing players win too. Can't limit your bread and butter unless you're sure.

[maersksealand]

I'm very new to this, still trying to learn about handicapping. My question is: For the professional sports bettors out there, why do books continue to take your wagers if you continue to make money off of them? I would think that once you started making good money, they wouldn't let you wager anymore.

There's no such a thing like "sharp players", it's a myth.

[DrStale]

There's no such a thing like "sharp players", it's a myth.

Where did he say anything about "sharp players"?

He said professional sports bettors, you don't think those exist?

[lakerboy]

There's no such a thing like "sharp players", it's a myth.

Your kidding yourself if you think people dont win at this game.

[eidolon]

ppl win, but everyone loses

[Irish Lumberjack]

for every winner there are 5 losers!

[RealSlimShady]

for every winner there are 5 losers!

More like a 50-1 ratio of losers to winners.

[rm18]

Pros help the lines get more accurate, also sometimes it is just part of the balanced action, some guys pick winners without really beating moves and the books do not care. A big book could care less if you win a 10 dime bet on the Saints because they got more Colts money anyway.

[Patrick McIrish]

More like a 50-1 ratio of losers to winners.

[MJT1212]

If there was no one going around telling everyone else about how they always play and win then no one would ever play. There has to be winners to draw in the losers. One winner can draw in 100 losers from the thought of winning good money as a regular income, people that have no interest in sports gambling or sports but just in "winning free money". Also if there were too many storys leaking out about winnners being cut off then no one would ever play if they just thought they'd be cut off or not paid when they win. So instead they limit the winners and weather the storm, unless they continue to win and win and win and in that case they may pay someone 500 or so to leave, therefore they'll leave on a good note and all will be well, no bad stories, and no hard feelings because of the payout.

[DOMINATER]

They know sooner or later you will start losing

[THE PROFIT]

I just wrote this another thread about an hour ago. I think it pretty much answers your question


[COLOR=#000000 !important]This is an age old question about sports services, do they want you to win. This is actually something I have studied & that has interested me for over 15 years, since the first time I paid someone for their opinion. Do stockbrokers really want your investments to yield a return? It's the same thing.

I feel for the most part capping services want to give out winners, but they just can't because no one can predict the future. If people could predict the future there would be no worries in the world, but we have to speculate. Now there are some shady cappers out there that charge outrageous amounts or are just looking for the one time sale. The boiler rooms where they give half the clients one side of the game & the other half the other side do still exist. It's good short term business strategy for a slimeball. If you give 50 people a winner they think you're great & will buy the next day, the other 50 get a loser & now think you owe them a winner & you can coax them in deeper. No one is more gullible than a desperate degenerate down a few thousand, and that's 90% of the clientele these guys deal with.

Some so called professional cappers are horrible & I don't know how they are in business or ever got started. Lang, Malinsky, Feiner, these guys and 10,000 more just suck. They don't handicap, they flip a coin & hope for the best. Anyone who would pay them money needs a mental evaluation & their bookie should feel bad for taking money from them because there's some laws pertaining to taking advantage of the mentally handicapped, I know, I am a certified life & health insurance agent & there's a load of that crap in insurance laws. A degenerates mind is a fuked up mess & he will pay anybody to help him lose. Losing becomes a mindset & these scumbag services thrive off of it.

Now, you say these cappers have deals with books so they want you to lose. I disagree and here's why. A capping service is selling you a service, their educated guess. You have to take their product they sold you and use it at a book, that's the only place it has any value. So it's just good marketing sense for them to co-market with books & drive business to each other. The book is not afraid of taking your action if you are referred by a capper hitting 80% because they know YOU will not hit 80%
I could give 3 winners everyday for a solid year documented & be the greatest capper to ever fall out of a womb. I could personally call up 5Dimes & say "Hey, this is the profit, you know, the guy that picks 3 winners everyday for a whole year, never missed, & I'm gonna put Bill here on the line. Bill is paying me for my 3 picks daily & needs a book to play them at!"
5dimes is gonna sign Bill up & even give him a big deposit bonus! Why??? Because they know human psychology better than any doctor or professor. They know Bill is gonna play my 3 picks & most likely hit, but when he gets a little bankroll going he's gonna start betting bigger, then he's gonna want more than my 3 games, he's gotta have action! All my games are at 12:00, WTF is he supposed to do from 2:00 on? Bill likes about 4 games at 4:00 and a couple at 7, so he puts a little on them. Sunday my 3 games are 1:00 NFL winners, what about 4:00 & the late game & MNF? He has a bankroll built up now so why not play 4 or 5 of them. Then to get the money back he's losing on his picks he doubles up on mine, then I go on a cool streak!!! But I've been hitting like crazy surely I'll get back on track I had 2 losers yesterday so these 3 are money, lets double up again. Next thing you know Bills roll is depleted & everyone has made money except poor ol' Bill!

The books know that 90% of gamblers are just that, gamblers, not investors & they know their long term tendencies. They will gladly take in a dollar from a million people and pay out $100,000 to one guy.[/COLOR]

[hoopster42]

for every winner there are 5 losers!

actually for every long term winner there are 32 losers, as only 3% probably win long term

[stickbit]

I just wrote this another thread about an hour ago. I think it pretty much answers your question


[COLOR=#000000 !important]This is an age old question about sports services, do they want you to win. This is actually something I have studied & that has interested me for over 15 years, since the first time I paid someone for their opinion. Do stockbrokers really want your investments to yield a return? It's the same thing.

I feel for the most part capping services want to give out winners, but they just can't because no one can predict the future. If people could predict the future there would be no worries in the world, but we have to speculate. Now there are some shady cappers out there that charge outrageous amounts or are just looking for the one time sale. The boiler rooms where they give half the clients one side of the game & the other half the other side do still exist. It's good short term business strategy for a slimeball. If you give 50 people a winner they think you're great & will buy the next day, the other 50 get a loser & now think you owe them a winner & you can coax them in deeper. No one is more gullible than a desperate degenerate down a few thousand, and that's 90% of the clientele these guys deal with.

Some so called professional cappers are horrible & I don't know how they are in business or ever got started. Lang, Malinsky, Feiner, these guys and 10,000 more just suck. They don't handicap, they flip a coin & hope for the best. Anyone who would pay them money needs a mental evaluation & their bookie should feel bad for taking money from them because there's some laws pertaining to taking advantage of the mentally handicapped, I know, I am a certified life & health insurance agent & there's a load of that crap in insurance laws. A degenerates mind is a fuked up mess & he will pay anybody to help him lose. Losing becomes a mindset & these scumbag services thrive off of it.

Now, you say these cappers have deals with books so they want you to lose. I disagree and here's why. A capping service is selling you a service, their educated guess. You have to take their product they sold you and use it at a book, that's the only place it has any value. So it's just good marketing sense for them to co-market with books & drive business to each other. The book is not afraid of taking your action if you are referred by a capper hitting 80% because they know YOU will not hit 80%
I could give 3 winners everyday for a solid year documented & be the greatest capper to ever fall out of a womb. I could personally call up 5Dimes & say "Hey, this is the profit, you know, the guy that picks 3 winners everyday for a whole year, never missed, & I'm gonna put Bill here on the line. Bill is paying me for my 3 picks daily & needs a book to play them at!"
5dimes is gonna sign Bill up & even give him a big deposit bonus! Why??? Because they know human psychology better than any doctor or professor. They know Bill is gonna play my 3 picks & most likely hit, but when he gets a little bankroll going he's gonna start betting bigger, then he's gonna want more than my 3 games, he's gotta have action! All my games are at 12:00, WTF is he supposed to do from 2:00 on? Bill likes about 4 games at 4:00 and a couple at 7, so he puts a little on them. Sunday my 3 games are 1:00 NFL winners, what about 4:00 & the late game & MNF? He has a bankroll built up now so why not play 4 or 5 of them. Then to get the money back he's losing on his picks he doubles up on mine, then I go on a cool streak!!! But I've been hitting like crazy surely I'll get back on track I had 2 losers yesterday so these 3 are money, lets double up again. Next thing you know Bills roll is depleted & everyone has made money except poor ol' Bill!

The books know that 90% of gamblers are just that, gamblers, not investors & they know their long term tendencies. They will gladly take in a dollar from a million people and pay out $100,000 to one guy.[/color]

Definitely one of the post intelligent and accurate posts I have ever read. Nice job.

[1st and Ten]

because they will eventually lose. I would never play with a book that would limit me prior to taking them for at least 30k

[THEGREAT30]

most don't maybe the big boys do, but even they will start to bitch

[Q]

i know a guy that was cut off from a site.

[tltaylor89]

The term professional handicapper should be refined

[loyd]

they know that 90% loose so when they give $5000 to a winner, they make atleast $40000 on loosers, bytheway, how many of u did bet that connecticut would have lost yesterday?