Betting Example

[acarmelo1]

Let say for example you have 2 accounts on different non related sportsbooks
on each account you got $300


First account with 5dimes

They offer a lines like this

Giants ML +101
Tampa Bay ML -103

On your second account lets say Legends they have this line

Giants ML -101
Tampa Bay ML +103


They have this at the same time

Will you pound Giants +102 and Tampa Bay +103 to secure a small profit?

Example

Giants +102
Risk $300 Win 303

Tampa +103
Risk $300 Win 309

or will you pund the team that you think will win to secure maximum profit but with some risk?

[Mr Windy City]

I dunno. Why waste your time for $12? I'm in this to make money and I don't mean pennies. Ask Fishhead, he loves penny pinching.

[acarmelo1]

you actually win only $3 if the Giants win and $9 if Tampa Wins

[Mr Windy City]

you actually win only $3 if the Giants win and $9 if Tampa Wins

not worth my time.

[acarmelo1]

yeah but only one team can win so its 3 or 9 not both

[whatsgood5]

yea I know.......3+9=12 Crazy huh?

Are you suggesting that with such a sketchy line both teams will actually win?

[Mr Windy City]

no I'm an idiot I read it wrong my fault carmelo. Yes, you can win $3 or $9 my bad.

[acarmelo1]

no I'm an idiot I read it wrong my fault carmelo. Yes, you can win $3 or $9 my bad.

lol, no problem men.

whatsgood5
will you do it?

[sharpcat]

I have never heard of books offering .04 cent lines but since it is a .04 cent line and it would be hard to quantify your edge on either bet I would just scalp between both accounts for as much as possible. If I had a 2% edge or better on either side I would leave action on the weak number and scalp the max of what is left over.

Keep in mind that since the 2 books lines are identical but just flipped around it is very likely that you could max bet both sides and than have one book cancel the bet and you will be stuck with a max bet on a coin toss. I am not a huge fan of scalping as is but I would never ever attempt a scalp on a bad line.

[durito]

Shocking that you used to work for a sportsbook.

[jayc88]

I have never heard of books offering .04 cent lines but since it is a .04 cent line and it would be hard to quantify your edge on either bet I would just scalp between both accounts for as much as possible. If I had a 2% edge or better on either side I would leave action on the weak number and scalp the max of what is left over. Keep in mind that since the 2 books lines are identical but just flipped around it is very likely that you could max bet both sides and than have one book cancel the bet and you will be stuck with a max bet on a coin toss. I am not a huge fan of scalping as is but I would never ever attempt a scalp on a bad line.

but what exactly is a bad line
i would never scalp too much risk and too little gain imo

[jjgold]

If your betting thousands per game it is ok but if your just betting a couple of hundred not fukkin worth it

[stikymess]

If you spend your day looking for such lines then maybe over a season it would be worth it since it's risk fee. Then you may call yourself a scalper and not a gambler. For it to be "worth" it you would need to find hundreds of these and again like sharpcat said if the book deems it to be a bad line and cancels your bet then things can go bad.

[ZetaPsi808]

carmelo, it is called arbing.

http://en.wikipedia.org/wiki/Arbitrage_betting

i made my own thread for arbs pal.

http://forum.sbrforum.com/players-talk/494051-post-arbitrage-bets-here.html

it is a great way to clear a rollover for cheap, without putting your bankroll at risk

[JerseyShop101]

I just recently became more interested in this also, but I don't just settle for the small profit. I use those line movements to make my own much more favorable line- by betting the other side when the line movement has risen (must be at least 11 cents) for my FAV plays, or dropped for my DOG plays. (Also, if I feel that a FAV in a game I like's line will drop- I can bet the dog now, and then bet more on the FAV after the line has dropped 11 or more cents, to create a much better FAV line for me).

For example:

TB/Det game:
TB opening at -155/+145 (5dimes), and closing at -184/+174 (Betjam).

Bet TB -155 at the open $620 for $400
Bet DET +174 at the close $300 for $522

Makes my bet now TB risking $98 to win $100
From a line of -155 to +102!

IF you can correctly predict the line movement a good percentage of the time, or even only being correct a small 51% of the time it could still be huge. When I make an overnight/early play- I want the line to move at least 11 cents (HIGHER if I bet the FAV, or LOWER if I bet the DOG), of course 15 or 20 cents or more is what I am shooting for.

The beauty of this to me is, that you didn't have to like a side at all in this, and can make the decision on what side to play at any time later, if at all- as you can make the guaranteed very small profit if you wanted to, OR choose a side, but now you have MUCH BETTER ODDS, regardless of what side you choose.

By scalping and betting the other side and turning that original -150 FAV into a -140, -130 etc, or even plus money odds is just an incredible tool that I believe everyone should use. (Same for the dog). Of course, we still have to pick the winners, but it is great feeling having that gametime (for example) -180 fav at a -130 price after you bet the other side!

I think most of us choose a team on gameday and mostly wait til gametime to hit the submit button in hopes of getting that better line. But, if we would of bet the overnight/early lines on most of these, we could of ended up with a much better line making it ourselves anyway.

I know as most joke around and say the juice only matters if we lose, lol, but if correctly predicting the line movement on a game, one can lose less and win more, especially in increasing your dog odds (if they win of course).

[acarmelo1]

I just recently became more interested in this also, but I don't just settle for the small profit. I use those line movements to make my own much more favorable line- by betting the other side when the line movement has risen (must be at least 11 cents) for my FAV plays, or dropped for my DOG plays. (Also, if I feel that a FAV in a game I like's line will drop- I can bet the dog now, and then bet more on the FAV after the line has dropped 11 or more cents, to create a much better FAV line for me).

For example:

TB/Det game:
TB opening at -155/+145 (5dimes), and closing at -184/+174 (Betjam).

Bet TB -155 at the open $620 for $400
Bet DET +174 at the close $300 for $522

Makes my bet now TB risking $98 to win $100
From a line of -155 to +102!

IF you can correctly predict the line movement a good percentage of the time, or even only being correct a small 51% of the time it could still be huge. When I make an overnight/early play- I want the line to move at least 11 cents (HIGHER if I bet the FAV, or LOWER if I bet the DOG), of course 15 or 20 cents or more is what I am shooting for.

The beauty of this to me is, that you didn't have to like a side at all in this, and can make the decision on what side to play at any time later, if at all- as you can make the guaranteed very small profit if you wanted to, OR choose a side, but now you have MUCH BETTER ODDS, regardless of what side you choose.

By scalping and betting the other side and turning that original -150 FAV into a -140, -130 etc, or even plus money odds is just an incredible tool that I believe everyone should use. (Same for the dog). Of course, we still have to pick the winners, but it is great feeling having that gametime (for example) -180 fav at a -130 price after you bet the other side!

I think most of us choose a team on gameday and mostly wait til gametime to hit the submit button in hopes of getting that better line. But, if we would of bet the overnight/early lines on most of these, we could of ended up with a much better line making it ourselves anyway.

I know as most joke around and say the juice only matters if we lose, lol, but if correctly predicting the line movement on a game, one can lose less and win more, especially in increasing your dog odds (if they win of course).

nice