1. #1
    RonPaul2008
    Update your status
    RonPaul2008's Avatar Become A Pro!
    Join Date: 06-08-07
    Posts: 6,739
    Betpoints: 243569

    Is this unethical?

    Is it ethical for a book to deny all bets on one side of a game at the same time as they take bets on the other side of the game?

  2. #2
    JohnAnthony
    JohnAnthony's Avatar Become A Pro!
    Join Date: 04-30-09
    Posts: 5,110
    Betpoints: 12

    I'm not expert on this but here's my take:

    The book is basically giving you odds of 1.00 (if you bet (theoretically), you will only get your money back) on the side it's not taking bets on, and regular juiced odds on the side they're willing to take bets on. It's weird for sure, I don't know it has anything to do with ethics but standards.

  3. #3
    djefferis
    djefferis's Avatar Become A Pro!
    Join Date: 08-16-08
    Posts: 1,187
    Betpoints: 437

    Absolutely.

    Is it ethical for a book to shade a line to one side by an extra point?

  4. #4
    in play, run(s)
    in play, run(s)'s Avatar Become A Pro!
    Join Date: 06-10-09
    Posts: 270
    Betpoints: 36

    Of course, they're not obliged to accept a bet if they don't want to

  5. #5
    djefferis
    djefferis's Avatar Become A Pro!
    Join Date: 08-16-08
    Posts: 1,187
    Betpoints: 437

    Is it ethical to pound a book whose lines favor the dog (ie SIA or Bodog), gaining a point or 2 advantage over traditional shops ?

    There are no ethics in this game, just sharps and losers. Get sharp or prepare to lose.

  6. #6
    lukahh
    lukahh's Avatar Become A Pro!
    Join Date: 04-08-10
    Posts: 941

    i see no ethics problem if they only take bets on one side.

    did this ever happen at all? my guess is only for a short time while book is balancing its exposure. if book wants to bet itself on one outcome, it has more profitable options than denyin one side of bets.

  7. #7
    Justin7
    Justin7's Avatar Become A Pro!
    Join Date: 07-31-06
    Posts: 8,577
    Betpoints: 1506

    Unethical. The practice is illegal in Las Vegas, but gaming commission almost never enforces it.

  8. #8
    Maniac
    Maniac's Avatar Become A Pro!
    Join Date: 04-12-11
    Posts: 667
    Betpoints: 8815

    Possible it could be a mistake or a temporary thing if it is an online book. Virtually every online book will have limits in place to protect its exposure, and if this limit is reached or even breached (say if there was a high payout parlay with its final leg on one of the teams), then the system shouldnt be able to accept any more bets on that side, until either:

    a) A sufficient amount of stakes are taken on the other side, therefore balancing the book a little bit and bringing the exposure back under the limit set. or

    b) The limits are manually raised by the linesmaker/manager as a result of being maxed out/breached to accomodate more bets on that side.

    Of course the book could have just decided that enough is enough and that they dont want any more business on that side...but in my opinion that is a pussy move and that any book worth its salt wouldnt do this on purpose...

  9. #9
    Hareeba!
    Hareeba!'s Avatar Become A Pro!
    Join Date: 07-01-06
    Posts: 33,240
    Betpoints: 20489

    Quote Originally Posted by Justin7 View Post
    Unethical. The practice is illegal in Las Vegas, but gaming commission almost never enforces it.
    I fail to see the sense of such a law.

    If the book doesn't want to lay one side it simply has only to put up odds which are so unattractive/uncompetitive that they won't get any action on it and thus easily circumvent what is presumably the object of the law?

  10. #10
    Justin7
    Justin7's Avatar Become A Pro!
    Join Date: 07-31-06
    Posts: 8,577
    Betpoints: 1506

    Quote Originally Posted by Hareeba! View Post
    I fail to see the sense of such a law.

    If the book doesn't want to lay one side it simply has only to put up odds which are so unattractive/uncompetitive that they won't get any action on it and thus easily circumvent what is presumably the object of the law?
    And that is fair. And if a book does this with a 20 cent line, one side will look very good. Or it can use a 30-cent line (or higher), and appear for what it is.

    If a book shows a 20-cent line (hell, why not use a 5-cent line?) and rejects all bets on one side, it is committing fraud. It is saying "We deal a 20 cent line" when it doesn't -- it is dealing a line that has potentially infinite overage.

  11. #11
    Hareeba!
    Hareeba!'s Avatar Become A Pro!
    Join Date: 07-01-06
    Posts: 33,240
    Betpoints: 20489

    Quote Originally Posted by Justin7 View Post
    And that is fair. And if a book does this with a 20 cent line, one side will look very good. Or it can use a 30-cent line (or higher), and appear for what it is.

    If a book shows a 20-cent line (hell, why not use a 5-cent line?) and rejects all bets on one side, it is committing fraud. It is saying "We deal a 20 cent line" when it doesn't -- it is dealing a line that has potentially infinite overage.
    Of course. If they are claiming to be dealing a certain line that's a different story. But are they compelled to declare what line they are quoting and does it have to be the same for all games that sport?

  12. #12
    ehp6737
    ehp6737's Avatar Become A Pro!
    Join Date: 12-11-08
    Posts: 4,185
    Betpoints: 32

    Quote Originally Posted by Justin7 View Post
    And that is fair. And if a book does this with a 20 cent line, one side will look very good. Or it can use a 30-cent line (or higher), and appear for what it is.

    If a book shows a 20-cent line (hell, why not use a 5-cent line?) and rejects all bets on one side, it is committing fraud. It is saying "We deal a 20 cent line" when it doesn't -- it is dealing a line that has potentially infinite overage.

    True, but I didnt interpret the OP's question in the context of taking action on both sides with an abnormal line then cancelling one side of the bets. I took it in the context of the book just refusing to even offer action on one side. If that's the case I dont see it as unethical, but it would be a bad business model.

  13. #13
    RonPaul2008
    Update your status
    RonPaul2008's Avatar Become A Pro!
    Join Date: 06-08-07
    Posts: 6,739
    Betpoints: 243569

    Quote Originally Posted by ehp6737 View Post
    True, but I didnt interpret the OP's question in the context of taking action on both sides with an abnormal line then cancelling one side of the bets. I took it in the context of the book just refusing to even offer action on one side. If that's the case I dont see it as unethical, but it would be a bad business model.
    I mean they post lines for both sides, but when you try to bet one side it won't be accepted but the other side is accepted.

  14. #14
    CityCowboy
    CityCowboy's Avatar Become A Pro!
    Join Date: 11-18-11
    Posts: 56
    Betpoints: 66

    That sucks.
    Last edited by CityCowboy; 01-09-12 at 01:37 AM.

  15. #15
    ehp6737
    ehp6737's Avatar Become A Pro!
    Join Date: 12-11-08
    Posts: 4,185
    Betpoints: 32

    Quote Originally Posted by RonPaul2008 View Post
    I mean they post lines for both sides, but when you try to bet one side it won't be accepted but the other side is accepted.
    I see. Well if it's a -110 line then I dont see how it's unethical, but like I said earlier, it is a bad business model since the book in essence becomes a player by taking that kind of risk on one sided action. If it's a higher juiced line, as Justin stated before, than yes it would be unethical IMO. Assuming it's not just a software glitch, I don't see any other reason why they would do this except to take advantage just as Justin had eluded to.

    Out of curiosity, what response do you get when you try to place the wager? And have you tried calling the book to get an explanation?

  16. #16
    lukahh
    lukahh's Avatar Become A Pro!
    Join Date: 04-08-10
    Posts: 941

    i find this practice weird.
    wouldn't it be extremely easy for a book to deal a line, say. 5-10% or more below Betfair going rate? Then they could hedge any amount of action they receive with nice profit.

  17. #17
    AlwaysDrawing
    AlwaysDrawing's Avatar Become A Pro!
    Join Date: 11-19-09
    Posts: 657
    Betpoints: 279

    This is CLEARLY unethical. I would never play with a shop that denies action on one side of a line. Books must allow action on both sides.

    This is the only way to keep a bookmaker honest. If you deal the Ravens -14.5 against the Texans next week (when market is -7.5), but only accept action on one side, you're ripping people off. Sure, people don't have to bet with you, but that doesn't mean it's ethical.

  18. #18
    RickySteve
    SBR is a criminal organization
    RickySteve's Avatar Become A Pro!
    Join Date: 01-31-06
    Posts: 3,415
    Betpoints: 187

    To display NE -17 / DEN +17 and refuse all bets on DEN is unethical.

    To display NE -17 / DEN OTB is not unethical.
    Points Awarded:

    Justin7 gave RickySteve 2 SBR Point(s) for this post.


Top