Posted:
#26
this is a flow chart of the events from the time the games are scheduled until you hit the bet button.
1. las vegas sports consultants - otherwise known as lvsc -(Las Vegas Sports Consultants, Inc. provides odds and pointspreads to sports books. The company, through its Sports Screen automated gaming information delivery technology, offers clients with current odds information on various U.S. and assorted international sporting events, including football, baseball, golf, boxing, soccer, basketball, hockey, tennis, and auto racing. It also provides consultation services on house rules, future odds, and parlay cards; and up to the minute information on key injuries, time changes, weather conditions, and final scores. In addition, Las Vegas Sports Consultants establishes betting lines for games to be played worldwide. The company was founded in 1982 and is based in Las Vegas, Nevada. As of November 6, 2008, Las Vegas Sports Consultants, Inc. operates as a subsidiary of Cantor Gaming Ltd) is the place where the line for the game originates.
2. the lines are delievered to the books and now it is the turn of the book oddsmakers to doctor the line according to their interests while the big books like to get it as close to the predicted outcome on most games and get a special doctoring for the single event games (snf, mnf, tnf etc).
3. the lines are released to the public. the first ones to hit it are the experts who know precisely when the lines are released and they operate in two basic ways: "sharps" are "identifying weak lines and pound the value while organized triads mostly coming from asia are pushing the line to favorable direction only to bet the opposite before the game starts and at the risk of the juice attempt to meddle it. those are so called wise guys but not the wise guys as we are accustomed to (kinda sopranos of the sort).
4.the lines dont just move. the money moves the lines. when the line moves opposite to what it should according to public support is called rlm or reverse line movement and there are two kinds of rlm: rlm by the books when they purposely move the line against the money to make the side they want you to bet more attractive - that is caused by unbalanced bets on both sides and the books try to even it out, or is caused by big money from little number of the bettors that are betting on the outcome opposite to public betting trend. you gotta remember that the money moves the line and not the number of the people who bet on a certain side. if 100 people bet on side a total of 1 million dollars and 900 people bet on side b total of 500,000 dollars - you will get that 90% of the public supports side a while the line will move drastically in opposite direction favoring side a.
5. there are variations on what i have wriitten here on each and every bettable single component of the game and all is affected by money and not the amount of the bettors. when the books seem helpless to balance their bets - the real wise guys step in making sure the books do not go bankrupt.
now, if you think that you already understand everything - you are wrong. in order to start winning on sports betting - you will need to lose for few years before understanding the tandem fully. don't hurry up.
the bottom line is that the money in sports betting is not made by only picking the right side for at least 53% of the time. no. the money can only be made thru a sound money management strategy. figure that out for yourself as you know how much money you have and if you are able to double ur bankroll periodically.
i will have a thread soon enough explaining how thru a right money management one can turn 1k into 257k and those of you who know me - know that i am not kidding.
how many are really succeeding to do that easy mathematical operation that i will explain on my thread? i dont know of such cases as those that do do not advertise it - but if you know someone is constantly making money betting on sports - you can be most assured that the right money management is the reason
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