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    All Forums | NBA Betting Forum

    And he hits 7 consecutive games against me, all parlayed.. BANKRUPTS ME. Could I get any unluckier??

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    eddothebook
    joemw74
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    eddothebook
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    Posted: Jun. 12, 2012 - 11:30 PM ET #1

    They say being a bookie is profitable, the juice adds up, blah blah blah.

    All my parlays have lost by one game this week... 3-1, 2-1, 4-1, non-fucking-stop.

    And this guy who's action I'm taking, JUST. DOES. NOT. MISS. He has taken more from me than any amount of money that I have ever seen in my life. I have been reduced to bankruptcy.

    EVERY. SINGLE. FUCKING. PLAY.

    He makes a 4-team baseball parlay randomly on Saturday. Yankees come back down 3 runs and he hits it.

    LA Angels down 2 all game, he hits it.

    OKC down 18 against the Spurs, he hits it.

    OKC down 13 tonight. He hits it.

    All of the game were parlayed with 2 or 3 games.

    If the Thunder wins the series, I will not have the money to pay him anymore. It is over a year's salary that he will hit.

     
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    To remove first post, remove entire topic.
    They say being a bookie is profitable, the juice adds up, blah blah blah.

    All my parlays have lost by one game this week... 3-1, 2-1, 4-1, non-fucking-stop.

    And this guy who's action I'm taking, JUST. DOES. NOT. MISS. He has taken more from me than any amount of money that I have ever seen in my life. I have been reduced to bankruptcy.

    EVERY. SINGLE. FUCKING. PLAY.

    He makes a 4-team baseball parlay randomly on Saturday. Yankees come back down 3 runs and he hits it.

    LA Angels down 2 all game, he hits it.

    OKC down 18 against the Spurs, he hits it.

    OKC down 13 tonight. He hits it.

    All of the game were parlayed with 2 or 3 games.

    If the Thunder wins the series, I will not have the money to pay him anymore. It is over a year's salary that he will hit.

     
     
    joemw74
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    Posted: Jun. 12, 2012 - 11:31 PM ET #2

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    Jmt908
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    Posted: Jun. 12, 2012 - 11:34 PM ET #3

    tell him you died?
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    tell him you died?
     
    JackSmack
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    Posted: Jun. 12, 2012 - 11:35 PM ET #4

    we got bookies crying on covers now this is new

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    we got bookies crying on covers now this is new

     
    JackSmack
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    Posted: Jun. 12, 2012 - 11:36 PM ET #5

    ive died twice so far in my life
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    ive died twice so far in my life
     
    mikebdb
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    Posted: Jun. 12, 2012 - 11:38 PM ET #6

    dont pay him
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    dont pay him
     
    bunny651
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    Posted: Jun. 12, 2012 - 11:39 PM ET #7

    I don't think I ever saw you posting anything positive on here...........
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    I don't think I ever saw you posting anything positive on here...........
     
    LarryWayne10
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    Posted: Jun. 12, 2012 - 11:40 PM ET #8

    Chalk one up for the good guys
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    Chalk one up for the good guys
     
    LarryWayne10
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    Posted: Jun. 12, 2012 - 11:40 PM ET #9

    Chalk one up for the good guys
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    Chalk one up for the good guys
     
    JackSmack
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    Posted: Jun. 12, 2012 - 11:41 PM ET #10

    i mean if your the bookie then tell him to fuck off no parlays anymore and limit him. Your in control you can do whatever you want
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    i mean if your the bookie then tell him to fuck off no parlays anymore and limit him. Your in control you can do whatever you want
     
    BronxBambino17
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    Posted: Jun. 12, 2012 - 11:43 PM ET #11

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    eddothebook
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    Posted: Jun. 12, 2012 - 11:44 PM ET #12

    Quote Originally Posted by bunny651:

    I don't think I ever saw you posting anything positive on here...........


    I've posted plenty telling people not to hedge their bets and why it is mathematically wrong. I've also made threads about games. These got no replies and died out.

    This tool offered me to cancel his bet on OKC ML at half time. He was laying 2 to 1 and the live line was favoring Miami. Why the fuck would I buy his bet back getting 2 to 1 when I could just bet the same amount as I was going to pay him on OKC live and win that much?

    His series odds were at 60% at one point in time, which he got at even money. So 60-40 is a 1.5-1 ratio right? (0.60)-(0.40)= 0.2 right?

    So I offered him 20% of his bet to cancel the play. He said he is 60% so he should be getting 60% of his potential winnings

    Sadly, when you know you are just 0% to win, you are 0%.
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    Quote Originally Posted by bunny651:

    I don't think I ever saw you posting anything positive on here...........


    I've posted plenty telling people not to hedge their bets and why it is mathematically wrong. I've also made threads about games. These got no replies and died out.

    This tool offered me to cancel his bet on OKC ML at half time. He was laying 2 to 1 and the live line was favoring Miami. Why the fuck would I buy his bet back getting 2 to 1 when I could just bet the same amount as I was going to pay him on OKC live and win that much?

    His series odds were at 60% at one point in time, which he got at even money. So 60-40 is a 1.5-1 ratio right? (0.60)-(0.40)= 0.2 right?

    So I offered him 20% of his bet to cancel the play. He said he is 60% so he should be getting 60% of his potential winnings

    Sadly, when you know you are just 0% to win, you are 0%.
     
    shark_apreza
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    Posted: Jun. 12, 2012 - 11:53 PM ET #13

    ITS  NICE  TO SEE A  BOOKIE GETTING FUCKED UP BY A CHANGE



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    ITS  NICE  TO SEE A  BOOKIE GETTING FUCKED UP BY A CHANGE



     
    yourdaddyspice
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    Posted: Jun. 12, 2012 - 11:56 PM ET #14

    I hate to tell you buddy but OKC is winning this series. 

    Heat brought it tonight with Chalmers and Battier hitting some big time 3's. They don't do that on a regular basis. 

    Even with all of that + Harden only getting 5pts OKC wins by double digits. 
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    I hate to tell you buddy but OKC is winning this series. 

    Heat brought it tonight with Chalmers and Battier hitting some big time 3's. They don't do that on a regular basis. 

    Even with all of that + Harden only getting 5pts OKC wins by double digits. 
     
    yourdaddyspice
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    Posted: Jun. 12, 2012 - 11:58 PM ET #15

    OKC team reminds me of a damn sponge. 

    No matter how hard you hit em they just absorb it, they don't get hurt and just do what they do ... SCORE

    Case in point tonight down double digits...& Spurs game down 18 or whatever it was
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    OKC team reminds me of a damn sponge. 

    No matter how hard you hit em they just absorb it, they don't get hurt and just do what they do ... SCORE

    Case in point tonight down double digits...& Spurs game down 18 or whatever it was
     
    NickkaJ
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    Posted: Jun. 12, 2012 - 11:59 PM ET #16

    Insane! BOL to you hope you survive
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    Insane! BOL to you hope you survive
     
    AnthonyStarks
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    Posted: Jun. 13, 2012 - 12:05 AM ET #17

    I feel your pain my friend, only advice is whatever it takes pay him and keep taking all the action you can as it will eventually work out in your favor. My antique wiseguys in the city told me not to make book if you can't afford at least 2 rough years a row. Every bookie in the world lost their ass 2009-2010 nfl season, and 08-09 wasn't much better from what I heard
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    I feel your pain my friend, only advice is whatever it takes pay him and keep taking all the action you can as it will eventually work out in your favor. My antique wiseguys in the city told me not to make book if you can't afford at least 2 rough years a row. Every bookie in the world lost their ass 2009-2010 nfl season, and 08-09 wasn't much better from what I heard
     
    AnthonyStarks
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    Posted: Jun. 13, 2012 - 12:08 AM ET #18

    This post is reassurance for me, I wanted to start a book in the fall but will likely only have 50k to put behind it by then. O well there is all ways the 2013-2014 nfl season
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    This post is reassurance for me, I wanted to start a book in the fall but will likely only have 50k to put behind it by then. O well there is all ways the 2013-2014 nfl season
     
    LakeTahoeKid
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    Posted: Jun. 13, 2012 - 2:08 AM ET #19

    You should NEVER be in the bookie business if: A) You don't have enough clientele to get somewhat balanced action from your customers. B) Have a GIANT bankroll so you can absorb hits like this.
    C) You gamble on parlays when YOU'RE THE BOOKIE!!!

    Parlays, overall, are NEG-EV bets anyway. I know from 20+ years experience that you'll get lucky for awhile, but in the long run you get teased by hitting so many 2 out of 3s, 3 out of 4s, 4 out of 5s, etc. I've even hit 11 out of 12 twice back in the 90s betting OR Lottery pari-mutual parlays (Usually playing 4 or 5 different tickets.)  

    And he's lucky you didn't deck him for asking you to buy back his crap bet at half-time. He's asking for a  with arrogance like that!
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    You should NEVER be in the bookie business if: A) You don't have enough clientele to get somewhat balanced action from your customers. B) Have a GIANT bankroll so you can absorb hits like this.
    C) You gamble on parlays when YOU'RE THE BOOKIE!!!

    Parlays, overall, are NEG-EV bets anyway. I know from 20+ years experience that you'll get lucky for awhile, but in the long run you get teased by hitting so many 2 out of 3s, 3 out of 4s, 4 out of 5s, etc. I've even hit 11 out of 12 twice back in the 90s betting OR Lottery pari-mutual parlays (Usually playing 4 or 5 different tickets.)  

    And he's lucky you didn't deck him for asking you to buy back his crap bet at half-time. He's asking for a  with arrogance like that!
     
    xxMIBxx
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    Posted: Jun. 13, 2012 - 2:08 AM ET #20

    did he give u money like a deposit to u to make bets. if so pay him the money.  or did you just gave him a credit line so he can make bets, if thats the case just simply give him more credit line.

    have all ur clients give u at least a portion of the credit line they recieved so u dont just give money away when they are winning and get nothing when they are loosing.

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    did he give u money like a deposit to u to make bets. if so pay him the money.  or did you just gave him a credit line so he can make bets, if thats the case just simply give him more credit line.

    have all ur clients give u at least a portion of the credit line they recieved so u dont just give money away when they are winning and get nothing when they are loosing.

     
    xxMIBxx
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    Posted: Jun. 13, 2012 - 2:11 AM ET #21

    by the way. tell him to read Covers.com. it will guarantee YOU make money off him.............
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    by the way. tell him to read Covers.com. it will guarantee YOU make money off him.............
     
    AnthonyStarks
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    Posted: Jun. 13, 2012 - 2:30 AM ET #22

    xxmibxx lol at a local asking for a deposit ahead of time, guess you never had a bookie before
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    xxmibxx lol at a local asking for a deposit ahead of time, guess you never had a bookie before
     
    tennistudly
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    Posted: Jun. 13, 2012 - 2:53 AM ET #23

    you are screwed but you can file bookie bancruptcy, but stall him as long as possible ( as you are posting his plays on here, of course) Plan B : Tell him the IRS has frozen your assets and are pressuring you to turn in any other offenders you might know about.

    Plan C : Rob a wal-mart

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    you are screwed but you can file bookie bancruptcy, but stall him as long as possible ( as you are posting his plays on here, of course) Plan B : Tell him the IRS has frozen your assets and are pressuring you to turn in any other offenders you might know about.

    Plan C : Rob a wal-mart

     
    LakeTahoeKid
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    Posted: Jun. 13, 2012 - 3:09 AM ET #24

    Quote Originally Posted by tennistudly:

    Plan B : Tell him the IRS has frozen your assets and are pressuring you to turn in any other offenders you might know.

     

    Or he could go "Al Pacino" on the dude. "Say hello to my li'l friend!" 

    Or he could tell him there's a 12-times rollover policy. His luck will eventually run out.
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    Quote Originally Posted by tennistudly:

    Plan B : Tell him the IRS has frozen your assets and are pressuring you to turn in any other offenders you might know.

     

    Or he could go "Al Pacino" on the dude. "Say hello to my li'l friend!" 

    Or he could tell him there's a 12-times rollover policy. His luck will eventually run out.
     
     
    eddothebook
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    Posted: Jun. 13, 2012 - 6:18 AM ET #25

    I should have given him credit line. The deal was to pay up this week. He told me he wanted to bet the large on OKC and that he will have the money next day.

    This is just plain sick. I do not know a single sports bettor (myself included) who is not up big time with the books. And I got extremely unlucky, missing something like 50 parlays by 1 game or 1 run or 1 basket since April.

    I made a lot of money as a bettor last year. But in the previous 11 years (all losing years), not one year did I lose more money than what this guy took from me during the NBA playoff season.

    I have till Friday to pay him. Should I hope he slams NBA Game 2 and loses it all?
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    I should have given him credit line. The deal was to pay up this week. He told me he wanted to bet the large on OKC and that he will have the money next day.

    This is just plain sick. I do not know a single sports bettor (myself included) who is not up big time with the books. And I got extremely unlucky, missing something like 50 parlays by 1 game or 1 run or 1 basket since April.

    I made a lot of money as a bettor last year. But in the previous 11 years (all losing years), not one year did I lose more money than what this guy took from me during the NBA playoff season.

    I have till Friday to pay him. Should I hope he slams NBA Game 2 and loses it all?
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