is it common practice for some locals to back bets with their own personal online book accounts? for example, offshore line set at -110 on both sides. local offers -120 on both sides. takes in 1 bet of $120 for away team and 5 bets of $120 for home team. he then bets online away team at -110 1x and home team at -110 5x. that way he puts himself in a position to not have to worry about one sided action and make a profit no matter what the outcome. and if this does happen do online books catch on quick to people betting both sides at different amounts and suspend account?
Locals
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ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#1LocalsTags: None -
BluehorseshoeSBR Posting Legend
- 07-13-06
- 14985
#2No.Comment -
ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#3why not tho. the reason i was wondering is because i have a group of friends that know i bet. and they are always wanting to place bets through me. for what ever reason they dont want to go through the step to set up an offshore. ive never really wanted to deal with the hassle, but if i could convince them to accept slightly juiced lines and then just back bet it at an offshore it could be a profitable little venture for me. i just dont know how onlines view people betting both sides of a match up.Comment -
ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#4really. you moved me to subsection no one looks at? does anyone think this is a bad idea tho, or that my online will ban me for betting both sides?Comment -
tto827SBR Hall of Famer
- 10-01-12
- 9078
#5You'd be handing the book free money, why the hell would they care? If your dumb enough to bet both sides at -110 the last thing 5dimes would do is boot youComment -
ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#6because i thought there might be some rules against basically passing their lines on to other people at a profit to me.Comment -
byronbbSBR MVP
- 11-13-08
- 3067
#7This is more like what a broker would do.Comment -
ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#8ya exactly. im just trying to make sure they dont close my accounts for it tho. and i dont really just wanna call customer service and ask cause they will probably flag my account. so was wondering if anyone knows the official rules most books have for this or if someone on here has done this before.Comment -
byronbbSBR MVP
- 11-13-08
- 3067
#9You should just be laying off the 4 exposed bets on the home team...more than that is a waste of money.....Comment -
bobbywavesSBR Posting Legend
- 05-06-08
- 13280
#11I do a variation of this for a living, allowing me the luxury to retire from my job years ago. I have life long friends as betting clients, they know & accept that I offer them whatever line Bookmaker has. Then I lay off their action at other books for cheaper prices, netting risk free profit on the price differential. I also make risk free $ on reload bonuses & loyalty cash at these books I utilize.Comment -
ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#12I do a variation of this for a living, allowing me the luxury to retire from my job years ago. I have life long friends as betting clients, they know & accept that I offer them whatever line Bookmaker has. Then I lay off their action at other books for cheaper prices, netting risk free profit on the price differential. I also make risk free $ on reload bonuses & loyalty cash at these books I utilize.Comment -
pologqSBR Posting Legend
- 10-07-12
- 19899
#13book will not care if you bet both lines. i would bet wherever you can get the most juice for your winnings. if that means team A in sportsbook A and team B in sportsbook B then so be it.Comment -
unluckysobSBR MVP
- 05-21-08
- 1527
#14just book these idiots at 20 cent juice.Comment -
unluckysobSBR MVP
- 05-21-08
- 1527
#15I do a variation of this for a living, allowing me the luxury to retire from my job years ago. I have life long friends as betting clients, they know & accept that I offer them whatever line Bookmaker has. Then I lay off their action at other books for cheaper prices, netting risk free profit on the price differential. I also make risk free $ on reload bonuses & loyalty cash at these books I utilize.Comment -
downsouthSBR Posting Legend
- 01-13-11
- 11580
#16is it common practice for some locals to back bets with their own personal online book accounts? for example, offshore line set at -110 on both sides. local offers -120 on both sides. takes in 1 bet of $120 for away team and 5 bets of $120 for home team. he then bets online away team at -110 1x and home team at -110 5x. that way he puts himself in a position to not have to worry about one sided action and make a profit no matter what the outcome. and if this does happen do online books catch on quick to people betting both sides at different amounts and suspend account?
If you have "friends" stupid enough to book -120 lines and you want to make money off your friends then your best bet is far and away to just book there action yourself. For what your doing to make any substantial amount of money requires your friends to be pushing some pretty decent sized action with a lot of volume. And if they are willing to do that at -120 lines then you can make a bunch more money just booking the action yourself.Comment -
ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#17
If you have "friends" stupid enough to book -120 lines and you want to make money off your friends then your best bet is far and away to just book there action yourself. For what your doing to make any substantial amount of money requires your friends to be pushing some pretty decent sized action with a lot of volume. And if they are willing to do that at -120 lines then you can make a bunch more money just booking the action yourself.Comment -
bobbywavesSBR Posting Legend
- 05-06-08
- 13280
#18That's the reason I only allow close friends to play, as we've been doing business for many years with no payment problems on either side.Comment -
ItsMeMrMattESBR Hall of Famer
- 08-30-10
- 5294
#19it seems like where in the same boat bobby. i too have a group of close friends that ive grown up with and have know for years. they are willing to pay up front and only have to put trust in me to pay out. which wont be a problem. if you dont mind me asking, you said you do a variation of this for a living. what varies? i tried to PM you this msg but you know why that didnt work out. so if you want to answer this but not make it so public, just PM if possible.Comment -
bobbywavesSBR Posting Legend
- 05-06-08
- 13280
#20SBR felt the need to take away my pm access. Variation meaning I'm not your typical local, I only have 4 clients/friends whose average bet is $500/game, I don't accept strangers. I'm not worried about betting both sides at same book, as it rarely happens. I have 5 books funded at all times & best price gets my business. I will also do arbs on occasion. when opportunity presents itself.Comment
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