1. #36
    Chuck Sims
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    "Paul recounts placing six different $2,000 wagers one weekend. He placed picks he thought would lose, and bet the opposite side at Las Vegas sportsbooks. It wasn't Paul's weekend, as each of the six wagers won in his Oddsmaker account."

    I fell to the ground laughing. At what point did this tool realize that making bets at an F rated sportsbook has no revelance to what he was betting at another sportsbook?

  2. #37
    shari91
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    Quote Originally Posted by Chuck Sims View Post
    "Paul recounts placing six different $2,000 wagers one weekend. He placed picks he thought would lose, and bet the opposite side at Las Vegas sportsbooks. It wasn't Paul's weekend, as each of the six wagers won in his Oddsmaker account."

    I fell to the ground laughing. At what point did this tool realize that making bets at an F rated sportsbook has no revelance to what he was betting at another sportsbook?
    Ok but after you've turned $2k worth of deposits into 12k, what would you honestly do? The only options I can think of are either requesting a payout even though you're now doubting you're even going to see it, using the strategy Paul used so you can hopefully get get paid elsewhere or just write your $2k off as dead money.

    As for those who wonder why he'd never bother to look at the forum 1. the article stated he was looking at a site like SBR Odds and 2. even if he had used SBR Odds, many people only come here for the odds service and never venture into the forum at all. You Google "free live odds", SBR is the first result; "free sports odds" = SBR is 3rd behind Don Best and one other site.

    It's probably easy for us to judge because most of us are well aware of Oddsmaker but that's because we're on the forums. If you're not, I can see how people would get sucked in. They're not a small company. They have massive marketing campaigns with attractive bonuses and even if every active SBR poster went on a mission to warn people about this happening, sadly it still will. But at least Lou's investigation and article, and threads like this across the various forums will help to raise awareness even if realistically they'll never reach everyone.
    Nomination(s):
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  3. #38
    Boner_18
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    I've "accidentally" ran up a balance at a shitty book while trying to arb or middle it out with an A book. Scary stuff.

  4. #39
    shari91
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    Quote Originally Posted by Boner_18 View Post
    I've "accidentally" ran up a balance at a shitty book while trying to arb or middle it out with an A book. Scary stuff.
    That's the thing, right? People do this all the time for various reasons, usually to do with trying to clear rollovers but for other things too. I tried this in November to try to prevent myself from getting limited at a notorious Euro book and it backfired because somehow the majority of my supposedly crappy plays hit. I couldn't pick a streak of 'winners' like that again if I'd tried.

  5. #40
    SBR Lou
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    For anyone who didn't see today's report:

    <iframe src="http://www.youtube.com/embed/LVsEvHpgldY#t=5m18s" allowfullscreen="" width="640" frameborder="0" height="360"></iframe>

  6. #41
    Dark Horse
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    Sounds like a case of bonus whoring gone wrong. Are oddsmaker lines soft?

    Pity the Shrink offed himself. He was personally guaranteeing oddsmaker funds. Oh well, when it rains it pours.
    Last edited by Dark Horse; 02-25-12 at 12:58 AM.

  7. #42
    Tomato
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    not a chance he was betting the other sides in vegas

  8. #43
    Dark Horse
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    Only listened to the above video. Didn't read this piece of prose:

    Oddsmaker's high bonuses sucked Paul in
    Paul deposited $1,000 via CC on December 29th. He received a 50% cash bonus with a 10X rollover, and wagered $1,500 (deposit+bonus) on a football game. Paul lost his bet but managed to profit $300 from betting the opposite side at another sportsbook.

    Paul had the itch to send Oddsmaker another deposit, noting that the sportsbook is frequently late to move lines, even offering middling opportunities. Middling is the act of placing wagers on opposite teams with differing pointspreads. Paul gave Oddsmaker a call to ask if he could again redeem the 50% cash bonus he had lost a day before. Oddsmaker said he wasn't eligible for the bonus, but offered a different promotion before he hung up - a 100% cash bonus, this time with a 20X rollover. Paul eagerly accepted the offer. Paul told SBR that meeting 10X, 20X or greater in rollover is no problem for him with his betting style. Paul re-deposited $1,000 on December 30th.
    It's not a betting style. It's bonus whoring. Money went straight into the pockets of a sharper book. That's how the cookie crumbles. This Paul guy knows it, Oddmaker knows it, and SBR knows it. Also no way that this guy, who's been betting for 20 years, wasn't aware of sportsbook ratings. These are the kind of risks bonus whores willingly take. For a few bonus crumbs they expose themselves to big risk. Would it be surprising if the book held the steam chasing card in this one?

  9. #44
    RGG
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    Thank god for sights like SBR that let people know about this stuff before they deposit on scam sites like these..

  10. #45
    SBR Lou
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    No updates from the Oddsmaker camp yet. We've been hung up on by Massina.

  11. #46
    durito
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    Quote Originally Posted by Dark Horse View Post
    Sounds like a case of bonus whoring gone wrong. Are oddsmaker lines soft?
    very

  12. #47
    Poogs
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    Quote Originally Posted by Chuck Sims View Post
    "Paul recounts placing six different $2,000 wagers one weekend. He placed picks he thought would lose, and bet the opposite side at Las Vegas sportsbooks. It wasn't Paul's weekend, as each of the six wagers won in his Oddsmaker account."

    I fell to the ground laughing. At what point did this tool realize that making bets at an F rated sportsbook has no revelance to what he was betting at another sportsbook?
    whats so funny about that? Ive done something pretty similar. I had access to a site with a local with lines that were waaay off all the time. They pay up every week so I wasnt worried about running up a balance and getting stiffed. After I had won a decent chunk I figured they might be getting sick of me, so Id make bets on big underdogs and bet the favorites on a different site, hoping id lose to the square book.

  13. #48
    deltgen
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    While it's a disturbing story, I always wonder about all the people on SBR giving a bad grade to a book. Of course I don't know this for sure, but it seems most posters tend to have the sheep mentality and jump on the bandwagon when they hear the first negative report about a book. I've not been in a position to cash out with OM since June 2010, but I withdrew $2600 without any issues. Not my favorite book, but I've had no problems. That doesn't mean they don't exist, but I can't really take too seriously the posts by alot of the members here. A competing off-shore book watchdog doesn't give OM these negative reviews, so the question is why should I go with SBR's and it's users reviews?
    Now, to all you SBR diehards--go ahead and crucify me if you must, but then ask yourself if what I ask may indeed have some merit.

  14. #49
    H1Cypher
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    It's disgusting that there are players / bettors actually shilling for this place in this thread.

  15. #50
    rowand13
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    Anybody wondered why did most if not all of Paul's bets win at oddsmaker and lost at other Vegas books? Coincidence...? No, it is simply because he was trying to spot best odds at oddsmaker and betting the other side at other sharper line outfits. I do believe 100% that Paul was betting the other side at other books, but what I can't believe is Paul spending hours everyday trying to find a game that he would lose at oddsmaker as he recounted. Rather he was spending hours everyday trying to spot best odds or even +ev opportunities at oddsmaker. With Paul's many years of experience in sports gambling, it is very hard to believe that he would simply decide to lose about $200 per game in juice betting 6 games in one weekend meaning that he would lose $1200 or may be more. Also shari91 reply would explain why did all of Paul's plays hit at oddsmaker.

    I can tell you from a previous personal experience at some point that it was not only difficult but rather impossible to lose a wager at the book I wanted to lose to (always the lower rated book with slower line movements). It was even more difficult to lose a wager at the book than to win a wager at an A+ book like Pinnacle. Most of the time it was not even close and the game was decided in the first 3 or 4 minutes. And that may explain how pinnacle makes money.

    Pinnacle offers good odds on one side of the game 90% of the time (specially basketball). In some cases they decide they don't want to take any action on one side. At this point they are more than 90% confident that, lets say team A will cover, and that happens everyday at pinnacle, it happens several times a day and their decision is correct more than 80% of the time. I can tell you that I get odds better than pinnacle's on almost every game including moneylines, in many cases you get odds better than pinnacle's on both sides of the game, and many of you should have experienced that already.

    So while other books sell you -110 tickets only, pinnacle sells you -118 or -119 on the side that supposedly would cover (and they don't sell a lot of these expensive odds tickets), and +110 and +111 on the side that would not cover in most cases. That's how pinnacle sells tickets that would lose 80% of the time depending on many factors including their sharps and how the help them sharpen their lines.

    Now the question is, why is it very difficult for anyone to go on a winning streak like paul's at oddsmaker or shari91's at these shaky line books? My thinking is that after a loss you will not wait until tomorrow to get to the game where you can tell who is going to cover, but instead you go chase losses immediately and that's how you lose more. Although if you patiently wait using the same betting strategy, you will win and win a lot, but who can wait until tomorrow to get his losses back. Any thoughts...?
    Last edited by rowand13; 03-21-12 at 03:55 AM.

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