Anyone ever bet for anyone else?

donjuan · 12-10-07, 02:21 AM

I would be betting 300-500 a game

This is a huge gambler?

rjt721 · 12-10-07, 02:21 AM

20% of the profits, but what if you lose?

This has bad news written all over it.

biggamer3 · 12-10-07, 02:23 AM

Originally posted by rjt721

20% of the profits, but what if you lose?

This has bad news written all over it.

I know nothing comes for free, but this is no risk, he gives me cash to bet for him, and he trusts me to not screw him

Dont know if i will go through with this, but will think this through

tullamore · 12-10-07, 02:27 AM

Originally posted by biggamer3

I know nothing comes for free, but this is no risk, he gives me cash to bet for him, and he trusts me to not screw him

Dont know if i will go through with this, but will think this through

So this guy is going to give you cash before the game is played. Why wouldn't he find a bookie or create an online account. I see this arrangement going bad.

idontlikerocks · 12-10-07, 03:26 AM

it will end up being more work than it is worth . he will call at times when you are busy. he will get upset if you can't get a bet in for him. he will remember the times he can't get a bet in because you are busy and it wins , but not the times when he would lose. it is not realistic that he could win enough to send 20 percent in your direction.

Destroyer · 12-10-07, 05:16 AM

In my opinion, it's not worth the headache to accept the betting arrangement with your friend's acquaintance. The profit sharing on a $500 bet at 20% is only $100 if you can consistently pick winners.

If you pick losers, the grief that you'll receive from your friend's acquaintance is not worth the $100 profit that you could earn from the arrangement.

I think you'll be better off by betting for yourself with your own bankroll, rather than, betting on the behalf of your friend's acquaintance. Who needs the additional aggravation and stress? Sports betting is stressful as is and adding more expectations on yourself to consistently pick winners for a potential profit of $100 is not worth your time or the stress.

jon13009 · 12-10-07, 06:09 AM

Bad idea.

Stick to placing your own bets and let others do the same. If he wants some advice, then discuss how you pick games and what strategies you use to handicap the games.

Otherwise, you are looking for trouble with little return coming your way.

jjgold · 12-10-07, 07:05 AM

Not worth it for pocket change...$500 a game is pocket change these days.

Let him get his own account.

prop · 12-10-07, 07:40 AM

hmm
to a person betting $100 per game on their own it would be more than worth it so long as you can sell him each bet @ -110.
If you're able to bet @ the non US sites it will come out worth it
-107 canbet, free 1/2 point skybook Fridays, -105 5dimes, all kinds of Pinnacle good lines (find some +101's to sell @ -110) betfair, matchbook, BetJamaica on Fridays etc etc. it start to add up if he is betting enough. Not to mention if you can get a few bonuses and loyalty perks along the way.

You can always offer him the best consensus line @ -110 he would be getting better service than the average bookie gives and your making $25 or so on each of his bets that lose. If you have a set schedule to take his bets like Noon and 4PM on Sundays, 6:00 to 7:00 weeknight and a couple set time on Saturday then you got yourself a nice little part time job and won't be long before you're wishing you had a few more of those guys to do the same through you.

With it being post up its likely well worth it.

A $300-$500 bettor is perfect. over $500 it starts to get more difficult with less options to put the whole bet in in one shot.

The annoying people and ones it would not be worth it for is having a group of 3-4 idiots calling in 5 team round robin ($10 per) parlays. Its such a bitch to calculate the payouts etc, Those are the people I would say its not worth it to deal with.

imgv94 · 12-10-07, 08:23 AM

swifty · 12-10-07, 08:59 AM

I say " DON'T DO IT "

raydog · 12-10-07, 02:22 PM

keep his 10k and you book all his bets. you said he is a shitty gambler. pay him with his own money until he loses(which he will) and if he beats you up, pay him. if you dont have the means to pay him at once, explaine to him that the books have withdraw limits (which they do) and that gives him more time to lose the money back. obviously, only do this if you can afford it. but i personally would love to have a guy playing 300-500 a game. sounds like something out of a jjgold book

Data · 12-10-07, 02:32 PM

biggamer3, while booking his bets makes most sense money-wise you need to consider that either way you "help" him is against the law and you can get in trouble.

biggamer3 · 12-10-07, 02:47 PM

Guys let me clarify, this is not a friend of a friend, but my brothers partner

He trusts me that i wont steal or screw him, because he and my bro are real tight

I am not a "bookie" for him, he is trusting me to bet the 10k any way i like and assumes i will be up for him

He wont interfere with any of the bets (i make the calls) and all i have to do is send him an email of each bet placed

If i lose the 10K (which i would have to go on a real bad 2-20 type streak) no problems he swears

He is looking at it like an investment and says he has lost more than 100K this year in gambling alone (i assume that means Poker too) so i shouldnt sweat it

As far as monetarily i cant lose here, only a guilty conscience if i go on a cold streak

But the big problem is, that since i am somewhat of a small bettor (below 100) i tend to almost always bet 2-3 team parlays unless i take a Dog straight up

I am not sure i can do that if each parlay is 300-500 as a straight up bet might make more sense in that price range

Louisvillekid1 · 12-10-07, 02:58 PM

I am in debt now, because i backed others. . . Will never to it again. . .

Tchocky · 12-10-07, 03:20 PM

$300 to $500 a game is not a huge gambler. Just make sure you get the money first before you start placing wagers. As long as you aren't responsible for any of the losses...why not? Try to negotiate 25% or higher.

SBR Lou · 12-10-07, 04:45 PM

You've said you bet under $100 per game and mostly 2-3 team parlays. Is he aware of this or is he under a different impression? I can't imagine him forking over $10k if that's the case.

biggamer3 · 12-10-07, 05:04 PM

Originally posted by crazyl

You've said you bet under $100 per game and mostly 2-3 team parlays. Is he aware of this or is he under a different impression? I can't imagine him forking over $10k if that's the case.

I agreed to the 300-500 if i have 10K, cant bet more than that or thats crazy

I am sure he has bet 5K a game

He doesnt care how i bet it, only to bet it the way i feel is most profitable

Will probably end up betting straight up if i do this

durito · 12-10-07, 07:00 PM

Originally posted by biggamer3

But the big problem is, that since i am somewhat of a small bettor (below 100) i tend to almost always bet 2-3 team parlays unless i take a Dog straight up

I am not sure i can do that if each parlay is 300-500 as a straight up bet might make more sense in that price range

Tell him to find a better investment.