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Is playing both sides legal at 5dimes?
For example, let's say I take Miami at -8.5 against Boston.
During the game, Miami starts blowing them out. During a timeout, Boston is now a +19 for live wagers.
Can I place a wager on Boston at +19? (Hoping Miami wins somewhere between 9 and 18 points.)
(And yes, I asked a 5dimes CS rep about this... but they seemed unsure of the exact rules. Communication problems etc...)
as long as you aren't trying to meet a rollover, I think most books are ok with that, because most of the time you will only find a two or three point hedge, very rarely will you find 10 to 20 point middle opportunity
Yeah I'm not trying to meet a rollover. (Don't even have a bonus account.) Has anyone actually tried this at 5dimes? The chat rep said that wagers of the same type on different sides of the same game would be VOIDED... I was skeptical about that.
legal at every book
they're happy to take those bets
whatever rep you talked to didn't know what they were talking about.
You can absolutely bet both sides if you want.
Originally Posted by yisman
try it at carib
carib won't allow both sides in live betting?????
OK, every book aside from carib then.
Thanks man, I was almost positive ALL books take those kinds of bets... at least for live wagering.
One more question: what if I take Miami to win at -400... then as the lines shift a few days later I also buy Boston to win at +500. NOT during live wagering. Will 5dimes take these wagers as well?
I do this kind of thing all the time on Bovada and never had an issue, with the recent payout issues over there I have moved to 5dimes for the time being as well. I don't see anything wrong with any of this, it is almost just like trading stocks. For example I bet the spurs at 1/1 to win the west a few weeks back seeing that it was almost automatic value because the spurs would surely advance to the west finals and surely be favored in the series due to having home court. Once the spurs and thunder made it I hedged with a +177 series price bet for the same amount thus making it a bet I cannot lose but could profit healthfully from.
yes they certainly would take those.
Thanks guy. Talked to ANOTHER rep at 5dimes and they STILL said these kinds of wagers were going to be voided. Whatever.
I don't know where these "reps" are coming from --- I have bet both sides at 5dimes many times and never had anything voided.
I think the big thing to keep in mind here is let say you have a team +5 pre game and then you end up being able to take the other side live at say +14. The +14 bet based on the information you now have is still theoretically a 50/50 bet so it just creates the illusion of there being extra value. Obviously everyone has different opinions on whether hedging is a good play in such a situation, but the odds of the second bet covering remain what they are (at least according to the books live spread).
You are fine.
A tremendous amount of live action is coming from exactly your position. (Hedging back).
Also in terms of reducing reload fees and time, many prefer to hedge back at the same book as thier original wager.
except to meet some rollover-it is your money-burn it if you want.
They think you are asking if you can bet both sides prior to a game starting. Anything goes during live wagering.
I doubt 5Dimes would have an issue with this. Many sportsbooks like Bookmaker allow bets on both sides prior to a game starting, they even encourage it in their house rules. In case you make a mistake, or have second thoughts after placing your bet. Books don't like cancelling bets, so they allow this as an alternative. Books still profit from the vig, so why would they care?
Bookmaker General House Rule #10: No wagers can be cancelled once the caller confirms them and the call is concluded. The only manner in which a client can cancel a wager is to wager on the opposite side of the contest in which he initially wagered.
i would not advise it.
they would only tolerate this in case you make stupid bets (in which case you should stop wagering). if you know what you are doing, they will cut you very soon.
Lukahh, is there any chance you read the post directly ahead of yours? How about post #4 as confirmed in post #5, both long-time posters with experience at 5dimes? I have personally had ten years of experience with 5dimes, and have bet both sides many, many times with no problems ( I understand you feel that this is "stupid betting", but we are not all playing the same game here, so what might seem "stupid" to you might actually be a smart move for someone else ). As long as you are not working a roll-over, most books will not have any problem with this action. Do you have an account at 5dimes? If so, have you ever bet both sides? Just what makes you feel that you know something about 5dimes and betting both sides that would make you want to offer advise that is in direct opposition to what most of the other contributors in this thread have stated?
Sometimes I think 5D CS reps are trained to say no to any question without thinking.
Lot of csreps do not know odds or understand betting-----at heritage yesterday---over under 68 1st 18 minutes, bet will be decided at 6min of 1st Q----SHOULD READ 6MIN. OF 2nd Q-----tim on chat at 7:39 pm assured me this bet was worded correctly----anybody else see this?
Big difference betting "steam" - ie playing m's-rangers last night u10.5 mid-day and then covering the o10.5 on an alternative line when the total got pushed down into 9's almost everywhere and the bets you are describing.
Live hedging and series hedges are generally welcomed (and the high vigorish that comes with both). Constantly hedging bets into steam on a dime line is the fastest way I know of to grab a books manager attention, and not in a good way. Its legal theft with no risk.
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