Would it be possible to start a group of significant players who bet, move lines at 1 book then to bet back at another book?
Anyone interested?
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It's already done. You cant' do it in the big sports (the moves won't cover the buy back), but it can happen in smaller sports - especially if the bookmakers aren't familiar with the specific values of certain half-points.
If you're serious about this, you need at least 200k in capital (you're usually risking juice for a low-odds middle).
It really is not so easy: like Shams said, there are many others plus if bookie is not idiot, then he will not allow 10 maxbets without moving a line, therefore the second, third... pool bettor gets worse prize. If all the bettors bet at one moment at bookie who allow such a bet, you will be in trouble VERY QUICKLY.
SBR Founder Join Date: 12/20/2005
If you can find one or more books that will take the action, I would look to move the NFL opening line on Sunday night, and only bet spreads that were either 3 or 7, or a half point from those numbers.
By betting that early you may be in it for the longer haul, because instead of irritating the book you give them information that they consider valuable. Just a thought.
Smaller sports may be better, but NFL should have higher limits. Too many details to work out and too risky for my taste.
Last edited by Dark Horse; 07-12-07 at 12:05 PM.
SBR Founder Join Date: 12/14/2005
if this can be done then definetelly not at pinny!
this is how it works at minor leagues, props, etc:
for simplicity let we consider that nobody have bet the event and line is -105/-105, adter you max one side line should move to -114/+104, then -123/+113, so you never get an arb in this way, you simply need someones else money!
yes, at some events line can be moved maybe more if they say true: by sharps, but sharps that they spot are usually different kind of bettors than arbers
also when the market is more "saturated", i mean when some people bet both sides in the past, max bet will not move it as much as you move openers
i see only way here, to hit openers with red circles, when maxbet is significantly lower and then hedge when red circles dissapear or change to blue, but without knowledge of the sport it is nonsense, because you can probably make nice valuebets on the other side and there are many people waiting for it as was sad, so they can steal "your" odds and you can go to work to McDonald - but this is only theory and i will not try to test it at pinnacle with my money
SBR Founder Join Date: 12/20/2005
SBR Founder Join Date: 12/20/2005
OMG what an idiot i am... pinny has me probably in sharp case... line moved to 182 and i have middle with plus points... well actually it is hard to say, obviously they pay attention to WHO is betting
SBR Founder Join Date: 12/20/2005
never would work with posters because 7 out of every 10 are thiefs and compulsive gamblers, on paper it looks good but in reality you will get destroyed and burned.
Very few groups make it and most go broke
SBR Founder Join Date: 7/20/2005
SBR Founder Join Date: 8/10/2005
You would have to be out of your mnd to bet big money in unregulated contries, only place that is safe to bet big money if they take the bests is Vegas.
SBR Founder Join Date: 7/20/2005