Locals

Bluehorseshoe · 08-09-13, 02:28 PM

No.

ItsMeMrMattE · 08-09-13, 03:31 PM

Originally posted by Bluehorseshoe

No.

why 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.

ItsMeMrMattE · 08-09-13, 05:20 PM

really. 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?

tto827 · 08-09-13, 05:24 PM

You'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 you

ItsMeMrMattE · 08-09-13, 05:32 PM

Originally posted by tto827

You'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 you

because i thought there might be some rules against basically passing their lines on to other people at a profit to me.

byronbb · 08-09-13, 07:13 PM

This is more like what a broker would do.

ItsMeMrMattE · 08-09-13, 07:38 PM

Originally posted by byronbb

This is more like what a broker would do.

ya 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.

byronbb · 08-09-13, 08:33 PM

You should just be laying off the 4 exposed bets on the home team...more than that is a waste of money.....

ItsMeMrMattE · 08-09-13, 09:23 PM

Originally posted by byronbb

You should just be laying off the 4 exposed bets on the home team...more than that is a waste of money.....

i dont know what that means? can you say it a different way?

bobbywaves · 08-09-13, 09:46 PM

I 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.

ItsMeMrMattE · 08-09-13, 09:52 PM

Originally posted by bobbywaves

I 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.

ya so im not wrong in thinking its a pretty good idea, if you have the clientele. do you ever bet both sides tho of a match up at the same book? or do you use 2 different online books for it?

pologq · 08-09-13, 10:38 PM

book 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.

unluckysob · 08-09-13, 11:17 PM

just book these idiots at 20 cent juice.

unluckysob · 08-09-13, 11:23 PM

Originally posted by bobbywaves

I 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.

WTF---no bookie is life long friends with his players---they will take advantage of friendship---gambling is a mean, serious business

downsouth · 08-09-13, 11:24 PM

Originally posted by ItsMeMrMattE

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?

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.

ItsMeMrMattE · 08-09-13, 11:49 PM

Originally posted by downsouth

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.

i know nothing about booking myself. and this group of friends i have is really just interested in NFL action for the time being. but im sure they would catch the bet bug real quick. and move into other sports after the NFL is over. im not trying to make alot of money off them, just enough to add a little extra to my BR really. i would be completely transparent with them. and im sure most would be cool with it. they are about action in the moment to make games more interesting and thats it. i would consider just booking them myself but some of them know teams very well and i dont know how to avoid losing money. so this seems to be the best route for the situation i have.

bobbywaves · 08-10-13, 12:19 AM

Originally posted by unluckysob

WTF---no bookie is life long friends with his players---they will take advantage of friendship---gambling is a mean, serious business

That'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.

ItsMeMrMattE · 08-10-13, 12:36 AM

Originally posted by bobbywaves

That'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.

it 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.

bobbywaves · 08-10-13, 01:33 AM

SBR 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.