System

[FrustratedBookie]

Hello. I am a bookie but I have a player that has been winning ALOT lately and I am wondering if I should be worried about his system. He bets college and NBA across the board. His limit is 1000 dollars. So he usually takes the favorite and over for the game, 1h and 2h. He bets 1000 Reverse and 1000 Parlay on every bet. Over the last three weeks he has won 150,000 dollars. I am wondering if this is a system that can actually work or if he is just getting lucky. If he wins he wins 6600 dollars and if he loses its anywhere from 2200 to 3200. Is this something I need to worry about?

Also Ganchrow, I have read a numerous amounts of your posts. Even though it seems to be another language to me, I find it facinating. Do you have an e-mail address or AIM, because I would love to ask you some questions.

I know this is a forum for players, but I would love to hear our opinion.

[diogee]

I'm not sure I would call it a system. He is just betting correlated parlays...correlated parlays have great value if you approach them the right way. I honestly can't say that I even have a clue what a Reverse is though.

[SBR Lou]

There's no such thing as a system other than a formal word for a series of bets you should automatically fade.

[FrustratedBookie]

A reverse is an if bet. It's if you pick two plays, if you bet 100 and win both ways, you win 4 - 1. If you win lose 1, you lose 120 and if you lose both you lose 220.

[FrustratedBookie]

I mean i feel that if you are to make about 50 - 100 plays a day, odds are for you to lose. This person has been winning for about 3 weeks.

[diogee]

The more plays you make the more you will lose....that is what makes spot betting a play or 2 per day a successful method, but everyone does have losing streaks and can go from red hot to ice cold very fast.

[FrustratedBookie]

So your saying I should just wait it out and he is bound to go cold. That's what I keep seeing except I never seen anything like this. A player being plus 150,000 over the course of about 2000 bets in a 3 week period. Ever since superbowl.

[diogee]

2,000 bets in 3 weeks is a pretty redic number...I figure that anyone who bets 100 times a day should be easily on the way to the poor house.

[LT Profits]

It seems to me that you are allowing corelated parlays that most offshore books do not allow.

One approach that may be helpful would be to make a minimum deposit at an A rated offshore book, say $100. Then, try and bet same game parlays using the favorite and the Over without confirming your bets, just to see if the book allows the parlay.

If they allow it, you should allow it. If they don't allow it, then you should not allow that combination in ANY exotic bet (Parlay, If, Reverse, Teaser).

[Bluehorseshoe]

It seems to me that you are allowing corelated parlays that most offshore books do not allow.

One approach that may be helpful would be to make a minimum deposit at an A rated offshore book, say $100. Then, try and bet same game parlays using the favorite and the Over without confirming your bets, just to see if the book allows the parlay.

If they allow it, you should allow it. If they don't allow it, then you should not allow that combination in ANY exotic bet (Parlay, If, Reverse, Teaser).

What correlation is there in basketball???

[LT Profits]

Double-digit favorites and relatively low totals, especially since he mentioned that the guy bets halves.

A perfect example was last week when someone was -31 and that line was like 25% of the total (around 125). In this case, I guess you could say there is corelation with fave/over or dog/under combos. In any event, whether you agree with it or not, if the book does not allow it, it is safe to assume that the correlatiin has a positive EV.

[Glenn Danzig]

Advice to frbookie:

Open an account at another book and bet twice as your client plays on the same plays. In this way, you both win the same amount of money.

[Gobulls23]

help

Its funny I went to handicapping because I need help...what is exactly a "Red Robin" that is the new thing in my crowd of players and I didnt want to sound stupid, but I didnt know what that is. Help!!!

As as for Frustrated Bookie... I wouldnt worry about your player...you have to know that when there is alot of wins....my God there is much more losses...that is the law of gambling...I totally agree with Diogee.

[TLD]

Its funny I went to handicapping because I need help...what is exactly a "Red Robin" that is the new thing in my crowd of players and I didnt want to sound stupid, but I didnt know what that is. Help!!!

As as for Frustrated Bookie... I wouldnt worry about your player...you have to know that when there is alot of wins....my God there is much more losses...that is the law of gambling...I totally agree with Diogee.

Presumably the term you heard is “Round Robin.”

A Round Robin is a set of parlays. It’s just a way of saying you want all the possible parlay combinations of a certain type.

So, let’s say you like four teams (A, B, C, D), and you want to bet all the possible two-team parlays with them. Instead of asking for a two-team parlay of A and B, and then asking for a two-team parlay of A and C, and so on down the line, you just ask for a Round Robin of all the twos for teams A, B, C, and D. (AB, AC, AD, BC, BD, and CD.)

Or you can take a Round Robin of all the possible three-team parlays of those four selections. (ABC, ABD, ACD, and BCD.) Or a Round Robin of all possible parlays period, which would include the two-team parlays, the three-team parlays, and the one four-team parlay. (AB, AC, AD, BC, BD, CD, ABC, ABD, ACD, BCD, and ABCD.)

It’s just a way of saving time when placing bets. You end up with the exact same wager as if you had just placed each parlay separately.