Scalper/Middlers............

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  • raiders72001
    Senior Member
    • 08-10-05
    • 11187

    #36
    Razz- I agree
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388179

      #37
      Razz I give out so much good info on boards it is unreal and some guys take it the wrong way for some reason. I guess they are uniformed or do not read enough.
      Comment
      • raiders72001
        Senior Member
        • 08-10-05
        • 11187

        #38
        You really have to be a genius to scalp. Anyone can do it. Here's a 7.44% scalp. A 5th grader could scalp.

        2 Russia - Lithuania
        Basketball, Europe, European Championship 2005

        23/09/05 14:30 Moneyline 7.44 %

        Russia
        110

        bet365

        Lithuania
        120

        5Dimes
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #39
          Raiders what scalping software you using to get that data

          They actually have some decnt stuff where all you do is look at screen and all arbs are there
          Comment
          • raiders72001
            Senior Member
            • 08-10-05
            • 11187

            #40
            I'll give you guys another one. These are tough to find. I hear that scalpers are automatically accepted as Mensa members.

            Odds to win AL East MLB

            Bos +141 Pinny
            NYY -130 CRIS
            Comment
            • raiders72001
              Senior Member
              • 08-10-05
              • 11187

              #41
              Coach- PM me. I could use it. I don't want to help these guys anymore that think you need to be an Einstein to scalp. Thanks
              Comment
              • THESCOUT
                SBR Hustler
                • 09-07-05
                • 97

                #42
                more power to them
                Comment
                • imgv94
                  SBR Posting Legend
                  • 11-16-05
                  • 17192

                  #43
                  Originally posted by Razz
                  Granted, jj says a lot of things that come across as controversial, but I don't understand why anyone would take offense to this statement. He's not saying its stupid to scalp or middle, just that you are not a sharp because you do that.
                  I agree 100%
                  Comment
                  • pags11
                    SBR Posting Legend
                    • 08-18-05
                    • 12264

                    #44
                    scalpers are definitely not as respected as handicappers...
                    Comment
                    • rolemand
                      SBR MVP
                      • 03-24-06
                      • 1033

                      #45
                      Originally posted by pags11
                      scalpers are definitely not as respected as handicappers...

                      I would beg to differ with that as I definitely respect anyone who can make a living off sports betting whether it be by picking a high % of winners or scalping. Either way, if you're making 40k+/year you have my respect.
                      Comment
                      • Mudcat
                        Restricted User
                        • 07-21-05
                        • 9287

                        #46
                        Originally posted by pags11
                        scalpers are definitely not as respected as handicappers...

                        So wrong. That may be true of a small (but vocal) number of frustrated posting forum types, but most of the world knows the score about how respectable handicapping is. It's tolerable if it can be kept at a hobby level but unfortunately, too often, it does huge damage and rips lives and families apart.

                        It is not respected. It is considered a vice. I mean, come on.

                        I am both a capper and a scalper and I definitely have more respect for scalpers. I am glad there are so many cappers. They're the ones losing and that keeps the industry going. I am grateful for them.

                        But when you've got one group paying the bills of the other, it's pretty obvious who the top dogs are.
                        Comment
                        • BAUS
                          SBR MVP
                          • 08-10-05
                          • 2191

                          #47
                          Sharp post Mudcat. Agree 100%.

                          Our soceity is weird; someone who gambles on the stock market is an "investor" but a scalper who locks in a guaranteed profit on sports is a "gambler".

                          BAUS
                          Comment
                          • BuddyBear
                            SBR Hall of Famer
                            • 08-10-05
                            • 7233

                            #48
                            good post Mudcat as usual....really scalping is far more desirable than gambling in my opinion.
                            Comment
                            • babyJay
                              SBR Rookie
                              • 03-31-06
                              • 5

                              #49
                              what are books tolerance levels for scalpers? do they accept action or frown upon it?
                              Comment
                              • David
                                SBR Wise Guy
                                • 08-11-05
                                • 875

                                #50
                                Originally posted by babyJay
                                what are books tolerance levels for scalpers? do they accept action or frown upon it?
                                Comment
                                • Dark Horse
                                  SBR Posting Legend
                                  • 12-14-05
                                  • 13764

                                  #51
                                  Easy to confuse two different things.

                                  A sharp wins his bets most of the time. Billy Walters was mentioned. He hit 55% lifetime, which is considered very high (not necessarily by me).

                                  Middling has to do with money management. It is a completely different subject. The more you understand about money management, the more money you will make. A sharp can middle and a square can middle. It has nothing to do with picking sides. But a sharp that knows how and when to middle makes more money than a sharp that doesn't.

                                  Ultimately, ability is measured in money, not in winning percentage. Therefore, any 'sharp' that thinks middling is for squares needs to take a good look in the $$$ mirror. All he does is show ignorance about money management.

                                  Example: Instead of 1 unit on PHX -7.5, a middle of 1.5 units on PHX -7.5 and 0.5 unit on opponent +8.5 can be the smart play. Especially in a sport as basketball where the margins are very small.
                                  Comment
                                  • El Helado Patata
                                    SBR Hustler
                                    • 12-19-06
                                    • 96

                                    #52
                                    Okay I am a noob but could someone work out the definitions here?

                                    I think I know what a scalper is (arber) that is betting on all outcomes but have no clue what a middler, a sharp or whatever is.
                                    Comment
                                    • Ganchrow
                                      SBR Hall of Famer
                                      • 08-28-05
                                      • 5011

                                      #53
                                      A "middle" is a bet that a team's margin of victory will fall within a certain range. It is made by placing two opposing bets with varying point spreads. For a middle the point spread on the dog will be greater than the pointspread on the fave.

                                      An example is:
                                      Bet 1 unit on Team A +12.5 points at -110
                                      Bet 1 unit on Team B -9.5 points at -110.
                                      Hence, if the margin of victory for Team B falls between 10 and 12 points inclusively, you'll win 2 units. If not you'll lose 0.2 units.


                                      A "reverse middle" is a bet that a team's margin of victory will not fall within a certain range. It is made by placing two opposing bets with different point spreads. For a middle the pointspread on the dog will be lower than the pointspread on the fave.

                                      An example is:
                                      Bet 1 unit on Team A +9.5 points at +110
                                      Bet 1 unit on Team B -12.5 points at +110.
                                      Hence, if the margin of victory for Team B falls between 10 and 12 points inclusively, you'll lose 2 units. If not you'll win 0.2 units.


                                      Note that not all middles are on balance profitable. The only way to determine if a given middle yields a positive expected return is to examine the historical frequency of various margins of victory given specific point spreads.

                                      A "sharp" (aka an "advantage player") is an astute, typically profitable bettor.

                                      A "square" is the opposite of a sharp, usually implying a tendency to follow the herd.
                                      Comment
                                      • El Helado Patata
                                        SBR Hustler
                                        • 12-19-06
                                        • 96

                                        #54
                                        Originally posted by Ganchrow
                                        A "middle" is a bet that a team's margin of victory will fall within a certain range. It is made by placing two opposing bets with varying point spreads. For a middle the point spread on the dog will be greater than the pointspread on the fave.

                                        An example is:
                                        Bet 1 unit on Team A +12.5 points at -110
                                        Bet 1 unit on Team B -9.5 points at -110.
                                        Hence, if the margin of victory for Team B falls between 10 and 12 points inclusively, you'll win 2 units. If not you'll lose 0.2 units.


                                        A "reverse middle" is a bet that a team's margin of victory will not fall within a certain range. It is made by placing two opposing bets with different point spreads. For a middle the pointspread on the dog will be lower than the pointspread on the fave.

                                        An example is:
                                        Bet 1 unit on Team A +9.5 points at +110
                                        Bet 1 unit on Team B -12.5 points at +110.
                                        Hence, if the margin of victory for Team B falls between 10 and 12 points inclusively, you'll lose 2 units. If not you'll win 0.2 units.


                                        Note that not all middles are on balance profitable. The only way to determine if a given middle yields a positive expected return is to examine the historical frequency of various margins of victory given specific point spreads.

                                        A "sharp" (aka an "advantage player") is an astute, typically profitable bettor.

                                        A "square" is the opposite of a sharp, usually implying a tendency to follow the herd.
                                        Thanks man. Now i just gotta check up what astute mean
                                        Comment
                                        • trustbutverify
                                          SBR High Roller
                                          • 01-12-07
                                          • 221

                                          #55
                                          A better than fair capper, betting on all 6 american sports- should easily return in the neighborhood of +100 units/year. I admire the dedication and skill of hedge style players- but from a profit standpoint wouldn't it be more efficient to commit time to uncovering long term winning stratigies and playing them consistently?
                                          Comment
                                          • Sam Odom
                                            SBR Aristocracy
                                            • 10-30-05
                                            • 58063

                                            #56
                                            for now & for USA

                                            scalping & middles are thinks of the past
                                            Comment
                                            • pavyracer
                                              SBR Aristocracy
                                              • 04-12-07
                                              • 82905

                                              #57
                                              Originally posted by jjgold
                                              Are not gamblers

                                              Please do not call yourself gamblers and try to justify your one of us. I can care less if you do this but get furious when these guys call themsleves sharp and sports bettors.

                                              These guys are good math guys period.
                                              Comment
                                              • pavyracer
                                                SBR Aristocracy
                                                • 04-12-07
                                                • 82905

                                                #58
                                                Can you elaborate on this coach?
                                                Comment
                                                • RonPaul2008
                                                  SBR Hall of Famer
                                                  • 06-08-07
                                                  • 6741

                                                  #59
                                                  I wish the books would see it that way and not delay, limit, and boot middlers.

                                                  Originally posted by raiders72001
                                                  Scalpers aren't Sharps. It's two totally different things even though there's nothing wrong with scalping.
                                                  Comment
                                                  • aceking
                                                    SBR MVP
                                                    • 09-07-05
                                                    • 4782

                                                    #60
                                                    jjgold still around ?
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388179

                                                      #61
                                                      Amazing how my theories still hold up in todays markets.
                                                      Comment
                                                      • Nicky Santoro
                                                        SBR Posting Legend
                                                        • 04-08-08
                                                        • 16103

                                                        #62
                                                        scalpers/ middlers are by far the sharpest of the sharp gamblers worldwide. if you have the talent to be able to scalp and middle and know how to do it properly, you can make 5k a week easily in your sleep and NO RISK doing it, too.

                                                        it takes a lot of talent to be able to take early leads on the lines and buy back at peak # and knowing when a number has reached its peak..

                                                        sure a bettor will make more over the long haul, however, a scalper/middler has zero risk, which is big.. he is guaranteed his profit each year, whereas a gambler can still have a bad year and make very little or even lose if it's really a bad year..

                                                        scalpers and middlers are champs.. and the sharpest of the sharp..
                                                        Comment
                                                        • MonkeyF0cker
                                                          SBR Posting Legend
                                                          • 06-12-07
                                                          • 12144

                                                          #63
                                                          Sharps don't lower their expected growth intentionally. And back when this post was made, any idiot could find an arb. Now that lines are more efficient and cloned more often, the arbitrage strategy is virtually outdated. No sharp and certainly no "math guy" is gonna say, "I'd rather make $89 every time I bet this edge than $103."
                                                          Comment
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