Why Do Vegas Book Managers Shake And Wisper When You Bet $1000 A Game??

[MonkeyF0cker]

Random people? No.

Certain people that I've known for a while? Yes.

[MonkeyF0cker]

I wouldn't throw all offshores under that bus, but there are a lot (most of them) that I don't trust.

A good bit of my action is offshore at the moment.

[Grits n' Gravy]

Hmm. I don't know that they really profit from sheer action. If they did, many of them wouldn't be so trigger happy (i.e. their books would be balanced and wouldn't need to deny action). That said, you can get decent action at several books here. Keeping under the radar is essential at more than a few outs, though.

And once you've exhausted your outs, you can turn to runners.

Profits come from that 10% vig and parlay cards. Offsets large plays. Books in Vegas don't always move based off their action. A lot of the supervisors follow Pinny moves as well as other local shops.

Weekend games were good to most shops aside from Gb/NY game going over.

[Tomato]

Vegas books are a joke. Terrified of winners. Want no action above a couple hundred bucks.

[jjgold]

Vegas books are a joke. Terrified of winners. Want no action above a couple hundred bucks.

Yes and when you got book managers making $28,000 a year you know why

I will never forget one year I was in Vegas and some guy won like $3,000 and some Boos put the book manager up against a fukkin wall shaking him telling him "How did you let this happen" Who knows might of been Gritter doing the screaming.

[kmarinouofm]

Yes and when you got book managers making $28,000 a year you know why

I will never forget one year I was in Vegas and some guy won like $3,000 and some Boos put the book manager up against a fukkin wall shaking him telling him "How did you let this happen" Who knows might of been Gritter doing the screaming.

nope.. didn't happen

[Grits n' Gravy]

Yes and when you got book managers making $28,000 a year you know why

I will never forget one year I was in Vegas and some guy won like $3,000 and some Boos put the book manager up against a fukkin wall shaking him telling him "How did you let this happen" Who knows might of been Gritter doing the screaming.

The mangers make double that at the least.

As to the 2nd paragraph: I would never yell at any manager outside a closed office. For 3k I'm not getting out of my chair. When in Vegas I split time between casino performance and nightlife operations. Sportsbook is not an area I even pay attention to. Our nightclubs generate more profit on a Sat night than book does all weekend.

[MonkeyF0cker]

Profits come from that 10% vig and parlay cards. Offsets large plays. Books in Vegas don't always move based off their action. A lot of the supervisors follow Pinny moves as well as other local shops.

Weekend games were good to most shops aside from Gb/NY game going over.

Not buying it. The books here got slaughtered at the beginning of the NFL/NCAAF season. It wasn't because of vig.

Sure a bunch of books move on air. That doesn't make their books balanced. In fact, it helps to do quite the opposite.

[HoulihansTX]

Cantor is a good and bad thing for Vegas. If you win and want to get down large action, its the place. But you have no advatages betting there, unless you are banging openers. You will not beat their numbers, never. And they are swallowing up the Vegas marketplace as they buy up leases around the strip.

[MonkeyF0cker]

Cantor is a good and bad thing for Vegas. If you win and want to get down large action, its the place. But you have no advatages betting there, unless you are banging openers. You will not beat their numbers, never. And they are swallowing up the Vegas marketplace as they buy up leases around the strip.

Unless you're originating.

[Grits n' Gravy]

Not buying it. The books here got slaughtered at the beginning of the NFL/NCAAF season. It wasn't because of vig.

Sure a bunch of books move on air. That doesn't make their books balanced. In fact, it helps to do quite the opposite.

Then it all came back and then some after 2nd week of October. You are a player so you don't see the house numbers. That 10% vig eases a lot of losses. Add in the previously mentioned parlay/teaser cards which are a license to print money for house along with the profits from horses and the house is happy. "Slaughtered" is a relative term. A book getting slaughtered for a weekend in football is offset by horses and remainder balanced out by a small % of a slow weekday slot win.

If the books were consistent loss leaders they would get smaller, not expand. Casinos could give 2 shits about the books. The goal of them is to grind out a profit and keep the players on property so they feed their cash into a slot or go play some tables. Book is gaming department's version of a buffet and/or coffee shop.

[kmarinouofm]

Then it all came back and then some after 2nd week of October. You are a player so you don't see the house numbers. That 10% vig eases a lot of losses. Add in the previously mentioned parlay/teaser cards which are a license to print money for house along with the profits from horses and the house is happy. "Slaughtered" is a relative term. A book getting slaughtered for a weekend in football is offset by horses and remainder balanced out by a small % of a slow weekday slot win.

If the books were consistent loss leaders they would get smaller, not expand. Casinos could give 2 shits about the books. The goal of them is to grind out a profit and keep the players on property so they feed their cash into a slot or go play some tables. Book is gaming department's version of a buffet and/or coffee shop.

bingo

[jjgold]

Vegas is not for me, they could not handle me and my antics

I would cause a stir with Gritter and we would have a showdown

[Smoke]

[MonkeyF0cker]

Then it all came back and then some after 2nd week of October. You are a player so you don't see the house numbers. That 10% vig eases a lot of losses. Add in the previously mentioned parlay/teaser cards which are a license to print money for house along with the profits from horses and the house is happy. "Slaughtered" is a relative term. A book getting slaughtered for a weekend in football is offset by horses and remainder balanced out by a small % of a slow weekday slot win.

If the books were consistent loss leaders they would get smaller, not expand. Casinos could give 2 shits about the books. The goal of them is to grind out a profit and keep the players on property so they feed their cash into a slot or go play some tables. Book is gaming department's version of a buffet and/or coffee shop.

Uhh. That's exactly my point. They are loaded on particular "square" sides. If they didn't need to be heavy on square sides, they'd allow sharp players to balance their action. The books lost money in the entire month of September and most of October. Look it up. Is playing +110 an advantage? Well, duh. But it doesn't make them any less scared.

What books are expanding? LOL. All of the independent books have been getting eaten up by the big dogs because they are incompetent. Jesus. How many books have changed ownership or been farmed out to places like Cantor or Leroys in the past two years? Most casinos don't even operate their own books any more.

[MonkeyF0cker]

And, BTW, the "house numbers" aren't a secret. They are openly discussed by the books and transparent through gaming.

[darkhat]

Lines at big shops don't get moved by a fed ex driver betting a dime on Orlando.

hahahah

[Sam Odom]

Only a handful of bettors here bet >1K per

[doublej95]

Coach I over heard one of them whispering about you once. The guy said you would think with a $1000 he would go get those crooked ass teeth fixed before laying it on this shit team.

[dice]

Any bets over $1,000 likely need managers approval to be sure they're not accepting bets from guys who are banned from the sportsbook (i.e. winners). And they'll giggle if they think you're taking the wrong side.

[blacksheep]

Recent heat at LVH for betting anywhere from $500 to $2K sides on CBB without having a players card. It was all fun for them until I started hitting consistently and then they vowed they would not pay out unless I got a player's card. There is one clown there, Steve the manager, who sets the second-half lines (usually 5 minutes or more into half time) ... When your bets start hitting and hitting, he surfaces and grills you, while other folks are yelling at him to set the second half lines, so then he starts yelling back. Meanwhile, eight minutes into halftime and still no lines up.

This has been an ongoing theme for 9 weeks+ now at LVH.

He doesn't understand that you can just simply hold your winners until the book re-opens the next day and cash whatever you damn well want, when he is sleeping off his bender.

Now, take that same side action to any Cantor book and many other books and there is no hassle. It varies.

But LVH has jumped the shark, officially. And Steve should be looking for work soon. Or at least doing his job of posting lines in a timely manner instead of playing poor man's cage cop.

[blacksheep]

Poor Steve. Trying to set and post 21 to 24 second-half CBB game lines at the same time from the 7pm Wednesday games during mid season ... while at the same time micromanaging the cage ... it's a sight to see.

I've seen lines posted so late that after 4 minutes on the board the second half has started.

But there is money to be made in such a poorly managed book, for sure.

[Iwinyourmoney]

I bet 1000 on Louisville +200 and they didnt blink

[blacksheep]

They only blink when you cash it in ... depending on where your action is.

[ChuckyTheGoat]

JJ, you stir up any shit w/ Krackman lately?