Steam Players

[Mark Shark]

I have been betting steam action for the last year and a half and have been kicked out by most Bookies. All I have left are Pinnacle and Matchbook to try and make a buck.
Here are a list of Books that have given me the boot.
Olympic
Canbet
Will Hill
Ladbrokes
Bet $3.65
Bet USA before they were bad.
Sportingbet
and numerous others that I have deleted from my files.

Can anyone tell me which books still allow them to have bets of at least $1,000 when the team is being backed by everyone. I am sure there are others out there that don't care what you are betting as long as you bet.
Please Help as Matchbook and Pinny aren't enough anymore.

[LargeMouthBass]

Just curious, how did you do chasing steam?

[Mark Shark]

I made 38 to 40k in a year and a half chasing arbs and taking bonuses along the way. Which was fantastic until the US Government screwed my very lucrative operation. I said chasing steam because as you know you have to chase steam to get arbs that make you serious money, not just $5 after you bet 2k.

[jjgold]

cris and Jazz should not boot you

if greek booted you I would be surprised

[Thremp]

cris and Jazz should not boot you

if greek booted you I would be surprised

Greek routinely limits/boots online wagering.

[Zeroed]

Here are a list of Books that have given me the boot.
Olympic
Canbet
Will Hill
Ladbrokes
Bet $3.65
Bet USA before they were bad.
Sportingbet

The only surprise on this list is Canbet for me.
I know they limit (accounts and total wager amount for a line in general), but i didn´t know they boot.

Olympic closes your account if you play move games, you get a warning first thou. If you do it again the decision is final.
The rest of the books are crap.

[Zeroed]

Btw do not expect other steam players to tell you what books are good, but of course it isn´t hard to figure out if you go through the SBR ratings and forum posts..

[Mark Shark]

The only surprise on this list is Canbet for me.
I know they limit (accounts and total wager amount for a line in general), but i didn´t know they boot.

Olympic closes your account if you play move games, you get a warning first thou. If you do it again the decision is final.
The rest of the books are crap.

You are exactly right,Olympic close your account and then wait till you contact them. Then comes a very stern warning that if you bet steam again they will not honour your bet.

As far as Canbet goes the limit was sport specific only. In other words I can still bet normally with them on other sports. It only took them 18mths to realise so not a bad book in my opinion.

The options available to steam betters now is extremely limited. All I want are some ideas so that I don't join books and have them cut me before I roll the required money.

[saints42]

What is a steam player?

[EJandV]

steam players ?

What is a steam player?

everytime I read a post or thread about that someone has asked and nobody ever says wtf it is . lmao

I dont know what it is . I would guess it is betting 1000$ dollars on a game and taking one side then going to another book and taking the opposite team with better odds .......

I should know this .

[EJandV]

betting a nice chunk on the team that everyone is pounding ?

[Zeroed]

Steam is if a line makes a jump, the reason doesn´t matter much.
The fast books like Pinny and Cris move first, and the others follow a bit later usually. The steam player tries to catch the soft line on one of the slower books, leaving him with a scalp/middle opportunity vs low juice shops like Pinny or Matchbook.

[UncleChris]

Steam is if a line makes a jump, the reason doesn´t matter much.
The fast books like Pinny and Cris move first, and the others follow a bit later usually. The steam player tries to catch the soft line on one of the slower books, leaving him with a scalp/middle opportunity vs low juice shops like Pinny or Matchbook.

[EJandV]

Can you give an actual example ?
How would 1 book know what the person was doing ?
To label the person something of a risk , to boot them ?
Would it be betting Pats -16 at one book , then betting Browns +17.5 at another book ?
Can you give some live good examples ?

[Zeroed]

Can you give an actual example ?
How would 1 book know what the person was doing ?

Because he did hammer the line before they were able to move it..

[EJandV]

so he makes 2 wagers on the same game , 1 before the line change and one after ? BOTH AT SAME BOOK ? is there not an example ?

[EJandV]

I guess I get it . could work either way , could bet -14 and then come back and do the -12.5 on big fav or take the opposite team in same game if it is good chance it will finish inbetween the # right ?

[Zeroed]

err sorry man, but reading really helps..if you cannot figure it out by now, it is not for you anway.

[EJandV]

anyone have a normal example or this is top secret ?
Is pretty good idea to say the least .

[EJandV]

yeah I am a lil slow , it has been a problem all my life , sometimes I cant count past 7 , on good days I make it to 5 .
Some people cant explain things worth a damn , like getting directions from a blind man . simple mf .

[jjgold]

yeah I am a lil slow , it has been a problem all my life , sometimes I cant count past 7 , on good days I make it to 5 .
Some people cant explain things worth a damn , like getting directions from a blind man . simple mf .

Lol

Well lets say Pinny just changed Texas from -2 to -3 1/2 and all the other books have -2 still so you go pound it. The 1 1/2 point difference gives the player a huge edge in the long run. Does these steam moves alwsy win?? Of course not that is why I do not know why books would boot you.

[EJandV]

steam vs hedge ?

Lol

Well lets say Pinny just changed Texas from -2 to -3 1/2 and all the other books have -2 still so you go pound it. The 1 1/2 point difference gives the player a huge edge in the long run. Does these steam moves alwsy win?? Of course not that is why I do not know why books would boot you.

How about if I get the over 8.5 in a baseball game for $200 at one book . The line moves to 9 at some books so I wager another $200 on the under 9 . That would be steam or simple hedge (cover as I call it ) ?

[EJandV]

free at last !

err sorry man, but reading really helps..if you cannot figure it out by now, it is not for you anway.

This is an amazing internet phenomenon made possible only by science .

Ask a dumb question get a dumb answer . nice feedback . I get it now , I am saved .

[EJandV]

Really I still dont really get it so it must be some bs anyway .

[jon13009]

When syndicates bet, the lines change drastically. This is called "steam." The amount is large enough to cause the sportsbooks to adjust their lines in order to promote betting on the other side. A sportsbook's objective is to have the same amount of money on each side of a game so they can pay the winners with the losers money and keep the rest. When syndicates bet there becomes a drastically uneven proposition.

Q. What are "steam chasers?"

A. Steam chasers are those bettors who watch the lines and wait for "steam." Once steam has been recognized they bet the side that was moved against because they realize that it was a syndicate bet.

Many serious bettors swear by the method of "betting steam." What this means is that they do not necessarily do any handicapping, but instead concentrate on timing their plays so as to piggyback onto the handicapping of others.

The strategy of the steam chaser is to ascertain which way the pros are betting by monitoring line movements, and then to jump on that same side as quickly as possible, preferably at a book where the line hasn't moved much yet.

A "steam chaser" will lose in the long run if they are always getting slighly worse lines than the syndicates get. This is because the syndicates are highly successful (usually) and they choose their plays selectively. Their play may not have been a play if they could only get the slighly worse lines.
---------------

I think JJ's answer was the example. Also determining if a line moves due to a "syndicate" play is not as easy as it seems because there are other factors that move the line as well. Being a small timer, I would just rather do my own handicapping (as bad as it is) and find a decent line that I feel comfortable with.

[EJandV]

So another words it is kinda bs . I heard about it probably 100 times but let it go in one ear and out the other .

What is less bs is betting early on lines , say $220 at -110 odds or better , then catch the nice line movement at another book and get both wagers right by it falling inbetween both of the lines you have .

Example , hey there it is I am giving a easy example here

Va Tech opened at -20.5 , bet it for $220 then hope the line goes up later in the week which it did and catch it at + 21.5 , take the opposing team and both wagers can cash . Va Tech won by 21 = $400 profit , worse case scenario was I lose $20 .

ADD : Ideal line is 2.5 that ends at 3.5 and look for the win by a fg , division rivarly games that have a good chance of being decided by a fg by your opening and catching early -2.5 fav .

Down low = at 2 different books and even in 2 different names ............

[jon13009]

BS in the sense that you are depending solely on understanding why the line moves to place a bet, and knowing (hoping?) it is due to a large syndicate play. While this type of move is more for a pro, the small time handicapper should be aware that it exists, and can explain why the line moves unexpectedly from time to time. In light of the influence on the line of such touts as Dr. Bob, using line movement to make your plays can be dangerous. (Not that I am slandering the good doctor and I hope he gets back on track soon)

[EJandV]

I had 2 different web sites with 2 different handicapper names for around 5 years and I never even thought about something called steam .
After I stopped having clients I have contiuned to wager sports 24 / 7 365 .

The fact the lines move because of heavy syndicate pounding have no direct effect on what a player will do in key situations in the actual game .
Unless of course it is a fix and someone knows to pass the info on .

When it turns out to be the right move by the syndicate then of course they will attribute some science to it .
When in all reality the game could have swung in any given direction perhaps .

If you look at the numbers of how those heavily played plays result , it would probably be some very average #s as well as some over the top streaks .
No different than a full time one man show , professional gambler devoting all his time to being over the top , unlike most that dont have the time to devote soley to sports .

[EJandV]

The line opening at 2.5 up to 3.5 would be ideal for the thing I was talking about , esp in the NFL , say in division rivarly games .

[EJandV]

I had 2 different web sites with 2 different handicapper names for around 5 years and I never even thought about something called steam .
After I stopped having clients I have contiuned to wager sports 24 / 7 365 .

The fact the lines move because of heavy syndicate pounding have no direct effect on what a player will do in key situations in the actual game .
Unless of course it is a fix and someone knows to pass the info on .

When it turns out to be the right move by the syndicate then of course they will attribute some science to it .
When in all reality the game could have swung in any given direction perhaps .

If you look at the numbers of how those heavily played plays result , it would probably be some very average #s as well as some over the top streaks .
No different than a full time one man show , professional gambler devoting all his time to being over the top , unlike most that dont have the time to devote soley to sports .

Always having a 50/50 shot is not like picking lottery #s , 50 / 50 odds to be right can be pretty damn special .

[ShamsWoof10]

Steam players DEFINATELY DO NOT win all the time... There are days were all the steam loses... It seemed that steams don't hit with success like they used to... Sometimes I like to actually fade steam and I may do that more often then not...

[kiwi]

Therefore in general I play steam bets as arbs against the other books, but with a dispersal of the arb that I win more in case I win with the slow book. So I don't lose if the steam doesn't work and win more than with a 'normal' arb in case it works.

[RonPaul2008]

Jazz group will lower your limits.

cris and Jazz should not boot you

if greek booted you I would be surprised

[RonPaul2008]

Example in CFB:

+3 -103 1030 to win 1k
-2.5 -107 1050 to win 981

anyone have a normal example or this is top secret ?
Is pretty good idea to say the least .

[louis]

Much depends on how much you bet. Also, it is best to discover something before ANY of the books have reacted. Weather is an example. It doesn't happen often, but sometimes it will start pouring down rain 10 minutes before a game and the line will not have reacted. Instead of making a max bet on the under at one book, spread it out over 10 books.