Winning not allowed?

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  • TensaZangetsu
    SBR High Roller
    • 08-05-08
    • 118

    #1
    Winning not allowed?
    Hey,

    Just a question regarding what happens with these bookies if we start winnning too often? Do they treat us like the brick-and-mortar casinos do and simply tell us to leave or what? I don't want to keep going if I have to basically LOSE to keep my membership with the bookies. What's the point, then?

    Has anyone had an experience with bookies telling you to leave because you are winning too much? And if so, how much were you winning?
    "Sometimes I remember it one way. Sometimes another. If I'm going to have a past, I prefer it to be multiple choice!"
  • moneyline
    SBR MVP
    • 01-18-08
    • 1748

    #2
    I won $15K in a week (after losing about 6K over my time at the on-line) ... and then they moved my limits to $25 a game the very next week ...

    Started with a new book and they got some of my money back ... other book's loss, I guess!
    Comment
    • TeamPlayer
      SBR Wise Guy
      • 05-19-08
      • 634

      #3
      The A+ rated internet sportsbooks marked by sportsbook review for "professional" players allow you to win consistently. Play with only those ones if you are a winner. If you are like 90% -95% of the sportsbettors who lose money, then use any site.

      It's a misnomer that the brick-and-mortor Vegas sportsbooks kick you out for winning. The large ones such as the Las Vegas Hilton will allow you to win forever. The most draconian measure they might take against a player is to limit him to $3,000 dollar bets (to win 3000 on favorite and to bet 3000 on an underdog).

      Some of the smallest sportsbook in Vegas will kick out winners but there is no need to play with them. Previously, I was also was under the wrong impression that all Vegas sportsbooks kick out winners because I'd read the erroneous information on the internet. But I went to Vegas and asked various Las Vegas residents as well as sportsbook cashiers sand they all were 100% sure that the large sportsbooks don't kick you out for winning
      Comment
      • ForgetWallStreet
        SBR Sharp
        • 04-27-07
        • 342

        #4
        Or you could just play at Matchbook, win 50-100K every year, and go completely unnoticed.
        Comment
        • Santo
          SBR MVP
          • 09-08-05
          • 2957

          #5
          Matchbook are great, but they don't offer a lot of the options that allow people to consistently win.
          Comment
          • ico2525
            SBR Wise Guy
            • 07-30-08
            • 598

            #6
            It takes a lot of time for a book to give you a hard time. They love it when you play a lot and start winning initially. The book might think that if you're up 1,000% in a week, that you'll sit there and then bet a large portion of your winnings on a -300 favorite because you think it's guaranteed and lose.

            My estimate is if you deposit $500 into a B rated book, you'd have to turn it into $20k within a month before they cut your limits. Cutting your limits, as other posters have discussed, is the best way for a book to indirectly tell you to leave.
            Comment
            • ForgetWallStreet
              SBR Sharp
              • 04-27-07
              • 342

              #7
              I agree that having another out or two in addition to MB is a good idea, but I do just fine placing over 80% of my action there.
              Last edited by ForgetWallStreet; 08-12-08, 11:20 AM.
              Comment
              • ForgetWallStreet
                SBR Sharp
                • 04-27-07
                • 342

                #8
                Originally posted by ico2525
                It takes a lot of time for a book to give you a hard time. They love it when you play a lot and start winning initially. The book might think that if you're up 1,000% in a week, that you'll sit there and then bet a large portion of your winnings on a -300 favorite because you think it's guaranteed and lose.

                My estimate is if you deposit $500 into a B rated book, you'd have to turn it into $20k within a month before they cut your limits. Cutting your limits, as other posters have discussed, is the best way for a book to indirectly tell you to leave.
                It really depends on the fashion in which you win. The people making these decisions are smart enough to spot the difference between great variance and someone who is getting the best of it every time.
                Comment
                • Justin7
                  SBR Hall of Famer
                  • 07-31-06
                  • 8577

                  #9
                  Harrahs and Stations books will take countermeasures against winners. Hilton, MGM and South Point won't.
                  Comment
                  • durito
                    SBR Posting Legend
                    • 07-03-06
                    • 13173

                    #10
                    Originally posted by ico2525
                    My estimate is if you deposit $500 into a B rated book, you'd have to turn it into $20k within a month before they cut your limits. Cutting your limits, as other posters have discussed, is the best way for a book to indirectly tell you to leave.
                    No.

                    There are tons of books out there that will cut your limits up far less than that, and some when you are hardly up at all.

                    Now if you are winning via luck, then they won't. But, if you know what you are doing, there are euro books that will boot you after 5 minutes.
                    Comment
                    • ico2525
                      SBR Wise Guy
                      • 07-30-08
                      • 598

                      #11
                      I live close to South Point. Awesome book.

                      Where do you think Jim Feist goes to place his supposed $20k bets?
                      Comment
                      • smitch124
                        SBR Posting Legend
                        • 05-19-08
                        • 12566

                        #12
                        Read the book: The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions
                        By Michael Konik

                        If you bet enough and win enough it'll happen....
                        Comment
                        • TeamPlayer
                          SBR Wise Guy
                          • 05-19-08
                          • 634

                          #13
                          Don't believe everything you read. Take information from that book with a grain of salt.

                          Like I said, you won't get kicked out of the top sportsbooks but if you're winning millions of dollars, you might get limited to $3000 per bet.

                          Anyhow, if you are so worried about being kicked out of a sportsbook and you are betting large amounts, then spread your money around 3 or 4 sportsbooks instead. Keep a low profile and don't brag to every whore you meet.
                          Comment
                          • smitch124
                            SBR Posting Legend
                            • 05-19-08
                            • 12566

                            #14
                            Originally posted by TeamPlayer
                            Don't believe everything you read. Take information from that book with a grain of salt.

                            Like I said, you won't get kicked out of the top sportsbooks but if you're winning millions of dollars, you might get limited to $3000 per bet.

                            Anyhow, if you are so worried about being kicked out of a sportsbook and you are betting large amounts, then spread your money around 3 or 4 sportsbooks instead. Keep a low profile and don't brag to every whore you meet.
                            Have you read the book?
                            Comment
                            • SlappyWhite
                              SBR Sharp
                              • 07-22-08
                              • 443

                              #15
                              If you are good enough to win millions betting, you simply open a handicapping business and sell your picks. Its the only sure winner in gambling....
                              Comment
                              • vsdspread
                                Restricted User
                                • 08-05-07
                                • 251

                                #16
                                Originally posted by TensaZangetsu
                                Hey,

                                Just a question regarding what happens with these bookies if we start winnning too often? Do they treat us like the brick-and-mortar casinos do and simply tell us to leave or what? I don't want to keep going if I have to basically LOSE to keep my membership with the bookies. What's the point, then?

                                Has anyone had an experience with bookies telling you to leave because you are winning too much? And if so, how much were you winning?
                                The key is to have many outs to play with. If you can get 5-10 quality books to put your action in you shoud have no problems. I believe the key is not to pound any one bookmaker.

                                Example, let's say you play $2000 per game. You should put a little money everywhere, not necessarily all at one shop. This can be tough when shopping lines and looking for the best value.

                                I have 3 credit outs who move their lines fairly slow, but are rock solid. I put a little here and little there so I don't hurt just one bookmaker and they chase me away.

                                Post up is a little different, but if you allocate funds to 5 quality books, then you should be able to fly low below the radar and still turn a nice profit.

                                Please note, no book is going to chase me as I have lost 3 weeks in a row for the 1st time in 17 months, but after a 3-0 sweep last night, I am confident that I am getting some of it back today.

                                Vsdspread
                                Comment
                                • durito
                                  SBR Posting Legend
                                  • 07-03-06
                                  • 13173

                                  #17
                                  Originally posted by TeamPlayer
                                  Don't believe everything you read. Take information from that book with a grain of salt.

                                  Like I said, you won't get kicked out of the top sportsbooks but if you're winning millions of dollars, you might get limited to $3000 per bet.

                                  Anyhow, if you are so worried about being kicked out of a sportsbook and you are betting large amounts, then spread your money around 3 or 4 sportsbooks instead. Keep a low profile and don't brag to every whore you meet.
                                  There are A+ books listed above as for professionals that will limit you to less than $3,000 on all sorts of bets quite a lot sooner than "millions of dollars".
                                  Comment
                                  • gomiamigo
                                    SBR Sharp
                                    • 08-07-08
                                    • 360

                                    #18
                                    Originally posted by durito
                                    There are A+ books listed above as for professionals that will limit you to less than $1,000 on all sorts of bets quite a lot sooner than "millions of dollars".
                                    Indeed.
                                    Comment
                                    • TeamPlayer
                                      SBR Wise Guy
                                      • 05-19-08
                                      • 634

                                      #19
                                      Originally posted by durito
                                      There are A+ books listed above as for professionals that will limit you to less than $3,000 on all sorts of bets quite a lot sooner than "millions of dollars".
                                      I was referring specifically to Vegas brick-and-mortor sportsbooks regarding $3000 limits. Internet websites will limit you sooner yes. But the same rule applies which is to spread your money around to various books which will allow you to keep a low profile while making a large total income.

                                      And don't believe everything you read no matter what the source.
                                      Comment
                                      • EBK
                                        SBR Rookie
                                        • 07-30-08
                                        • 40

                                        #20
                                        If you're tired of sportbooks limits bet only on betting Exchange
                                        Comment
                                        • priceperheadexpert
                                          SBR High Roller
                                          • 05-22-06
                                          • 154

                                          #21
                                          Its all very simple gentlemen..the book does the bookmaking, the player bets..So, if a player always gets the best of the book, he then becomes the book because he is only wagering when the line is in his favor..He never, never , ever bets the wrong line, he knows the moves and is ahead of them..therefore he has the answers..no good..that guy has to go..on the other hand if a guy is a handicapper and good at the craft but at times wagers into the wrong line..hes a keeper..another way of looking at it is..if I was a professor and I had a pupil who always got 100 on my tests I might think he has the answers..no good..

                                          guy lays 07 game goes to 17..guy takes 55..game drops to 43..if he is always right he has the answers..big edge..no good..now if he would make a mistake once in awhile just to show hes not perfect, thats acceptable..but not these guys..they never make the mistake, its their nature..
                                          Comment
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