Go Back   Sports Handicapping Forum > Welcome Forums > Main Street

Main Street Gambling forums, online sportsbooks, players talk, sports talk, offshore betting, poker, off-topic, etc!

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 02-07-2006, 09:06 AM
Registered User
 
Join Date: Jul 2005
Location: Houston,Texas
Posts: 12,428
Rewards: 115
Sportsbooks Wager With their handel

I remember a while back, a certain poster maid the comment saying that sportsbooks use some of their handel to bet on games, no one believed him. Yesterday i found this article. here is a part of the interview taken with the 5dimes line manager

Bill Dozer: Tony, do you use your ability to form sharp opinions to still play the game? Is wagering part of 5dimes successful business model?
Tony from 5 Dimes: A sharp player comes in and bets a football total. Every time he bets, we notice that the line moves 2 points sometime shortly after the wager. It doesn’t take too many times before I’m laying off for the book to balance the exposure. After the book is balanced, I bet the game for myself. It is a huge perk for running a shop that is not on the Don Best screen. We get action before the Don Best books do. We act fast and use it to our advantage. Too many books go broke thinking that they can balance action against solid steam play. In my opinion, it is better to be on the side of the steam rather than against it. Those lines aren’t moving because someone flipped a coin and decided get down 500k on it.
ks do indeed do this no one believed him


i find it very intresting that a book will risk its handel on a game
Reply With Quote
  #2  
Old 02-07-2006, 12:24 PM
Registered User
 
Join Date: Aug 2004
Posts: 14,889
Rewards: 70
I heard alot this guy won all his money betting sports to start 5dimes
Reply With Quote
  #3  
Old 02-07-2006, 12:27 PM
Registered User
 
Join Date: Jul 2005
Location: Houston,Texas
Posts: 12,428
Rewards: 115
Quote:
Originally Posted by jaypasco
I heard alot this guy won all his money betting sports to start 5dimes
yep..he is pretty sharp..in his young 30's
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 12:13 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2012, vBulletin Solutions, Inc.