• Forums
  • Best Betting Sites
  • Sportsbook Promos
  • Best Sports Betting Apps
  • NFL Betting Forum
  • NBA Betting Forum
  • MLB Betting Forum
  • NHL Betting Forum
  • NCAAF Betting Forum
  • NCAAB Betting Forum
  • Soccer Betting Forum
  • Tennis Betting Forum
  • General Discussion
  • Help Forum
  • Guidelines
  • FAQ
  • Forum Updates
    Covers Logo
    Covers App
    Faster picks. Smarter bets.
    All in the NEW Covers App
    Download on the App Store Download on the Google Play Store
    • Sports
      • NFL
        • Back
        • NFL
        • NFL Home
        • Scores & Matchups
        • Prop Projections
        • NFL Picks
        • Weather
        • Injuries
      • NCAAF
        • Back
        • NCAAF
        • NCAAF Home
        • Scores & Matchups
        • Prop Projections
        • NCAAF Picks
        • Weather
        • Injuries
      • NBA
        • Back
        • NBA
        • NBA Home
        • Scores & Matchups
        • Prop Projections
        • NBA Picks
        • Injuries
      • NCAAB
        • Back
        • NCAAB
        • NCAAB Home
        • Scores & Matchups
        • NCAAB Picks
        • Injuries
      • MLB
        • Back
        • MLB
        • MLB Home
        • Scores & Matchups
        • Prop Projections
        • MLB Picks
        • Weather
        • Injuries
      • NHL
        • Back
        • NHL
        • NHL Home
        • Scores & Matchups
        • Prop Projections
        • NHL Picks
        • Injuries
      • Soccer
      • UFC
      • WNBA
        • Back
        • WNBA
        • WNBA Home
        • Scores & Matchups
        • WNBA Picks
        • Injuries
      • CFL
        • Back
        • CFL
        • CFL Home
        • Scores & Matchups
        • CFL Picks
      • Golf
        • Back
        • Golf
        • Golf Home
        • Golf Odds
        • Masters Odds
        • PGA Championship Odds
        • US Open Odds
        • British Open Odds
        • Ryder Cup Odds
        • Golf Picks
    • Odds
      • All Odds
      • NFL
      • NCAAF
      • NBA
      • NCAAB
      • MLB
      • NHL
      • Golf
      • Soccer Odds
        • Back
        • Soccer Odds
        • MLS Odds
        • Champions League Odds
        • Premier League Odds
      • UFC
      • WNBA
      • CFL
      • Election Odds
      • Futures
        • Back
        • Futures
        • NFL
        • NBA
        • MLB
        • NHL
        • NCAAB
        • NCAAF
      • Sports Odds History
    • Picks
      • All Picks
      • NFL
      • NBA
      • NHL
      • MLB
      • NCAAF
      • NCAAB
      • Golf
      • WNBA
      • CFL
      • User Picks
      • Team User Picks
      • Consensus Picks
        • Back
        • Consensus Picks
        • All Consensus Picks
        • NFL
        • NBA
        • NHL
        • MLB
        • NCAAF
        • NCAAB
        • CFL
        • WNBA
        • Consensus FAQ
        • Public Money
    • Prop Projections
      • NFL
      • NBA
      • MLB
      • NHL
    • Betting
      • US Betting Sites
      • Canada Betting Sites
      • Sportsbook Reviews
      • States
        • Back
        • States
        • US Legal Tracker
        • Revenue Tracker
        • Arizona
        • Arkansas
        • California
        • Colorado
        • Connecticut
        • DC
        • Florida
        • Georgia
        • Illinois
        • Indiana
        • Iowa
        • Kansas
        • Kentucky
        • Louisiana
        • Maine
        • Maryland
        • Massachusetts
        • Michigan
        • Mississippi
        • Missouri
        • Nevada
        • New Hampshire
        • New Jersey
        • New York
        • North Carolina
        • Ohio
        • Oregon
        • Pennsylvania
        • Tennessee
        • Texas
        • Vermont
        • Virginia
        • West Virginia
        • Wyoming
      • Provinces
        • Back
        • Provinces
        • Alberta
        • British Columbia
        • Manitoba
        • New Brunswick
        • Newfoundland and Labrador
        • Northwest Territories
        • Nova Scotia
        • Nunavut
        • Ontario
        • Prince Edward Island
        • Quebec (English)
        • Quebec (francais)
        • Saskatchewan
        • Yukon
      • By Sport
        • Back
        • By Sport
        • Baseball
        • Basketball
        • Boxing
        • College Football
        • F1
        • Football
        • Super Bowl
        • Golf
        • Hockey
        • Horse Racing
        • March Madness
        • Soccer
        • UFC
        • World Cup
      • Betting Apps
        • Back
        • Betting Apps
        • Best Sports Betting Apps USA
        • Ontario Sports Betting Apps
      • Rest of World
        • Back
        • Rest of World
        • UK Betting Offers
          • Back
          • UK Betting Offers
          • UK Betting Sites
          • bet365 Bonus Code UK
          • 888Sport Promo Code UK
          • William Hill Sign up Offer
          • Betway Sign up Offer
          • BetVictor Bonus Code UK
      • Betting Guides
        • Back
        • Betting Guides
        • All Guides
        • Glossary
        • Betting Calculators
          • Back
          • Betting Calculators
          • Odds Converter
          • Parlay Calculator
        • Futures Betting Guide
        • Moneyline Betting Guide
        • Over/Under Betting Guide
        • Parlay Betting Guide
        • Point Spread Betting Guide
        • Prop Betting Guide
        • Sports Betting Guides
          • Back
          • Sports Betting Guides
          • How To Bet On Sports Guide
          • NFL Betting Guide
          • NHL Betting Guide
          • NBA Betting Guide
          • MLB Betting Guide
          • NCAAB Betting Guide
          • NCAAF Betting Guide
          • Golf Betting Guide
          • Tennis Betting Guide
        • Teaser Betting Guide
      • Betting News
        • Back
        • Betting News
        • All News
        • Industry News
        • Podcasts
        • Covers Videos
        • Covers Writers
        • Offers & Boosts
    • Promos
      • Sportsbook Promos
      • Canada Sportsbook Promos
      • Bonuses By Sportsbook
        • Back
        • Bonuses By Sportsbook
        • bet365 Bonus Code
        • BET99 Promo Code
        • BetMGM Bonus Code
        • BetRivers Bonus Code
        • Caesars Sportsbook Promo
        • DraftKings Promo Code
        • Fanatics Sportsbook Promo
        • FanDuel Promo Code
        • Hard Rock Bet Promo Code
        • Sports Interaction Promo
        • Stake Promo Code
        • theScore Bet Promo Code
        • TonyBet Promo Code
      • Bonuses By Region
        • Back
        • Bonuses By Region
        • Arkansas Promos
        • Arizona Promos
        • Colorado Promos
        • Connecticut Promos
        • DC Promos
        • Illinois Promos
        • Indiana Promos
        • Iowa Promos
        • Kansas Promos
        • Kentucky Promos
        • Louisiana Promos
        • Maine Promos
        • Maryland Promos
        • Massachusetts Promos
        • Michigan Promos
        • Missouri Promos
        • New Jersey Promos
        • New York Promos
        • North Carolina Promos
        • Ohio Promos
        • Pennsylvania Promos
        • Tennessee Promos
        • Vermont Promos
        • Virginia Promos
        • West Virginia Promos
        • Wyoming Promos
    • Forum & Contests
      • All Forums
      • NFL Betting Forum
      • MLB Betting Forum
      • NCAAB Betting Forum
      • NCAAF Betting Forum
      • NBA Betting Forum
      • NHL Betting Forum
      • Soccer Betting Forum
      • Contests
        • Back
        • Contests
        • Contests Home
        • Streak Survivor
        • King of Covers
        • My Contests
    • Casino
      • Sweepstakes Casino
        • Back
        • Sweepstakes Casino
        • Sweepstakes Casino
        • Sweepstakes No-Deposit Bonuses
        • Sweepstakes Promos
          • Back
          • Sweepstakes Promos
          • Card Crush
          • Casino.click
          • Chanced Casino
          • Crown Coins Casino
          • FreeSpin Casino
          • LoneStar
          • McLuck
          • Mega Bonanza Casino
          • PlayFame
          • Pulsz
          • Stake.us
      • US Casinos
        • Back
        • US Casinos
        • US Online Casinos
        • US Online Casino Bonuses
        • Casino Promos
          • Back
          • Casino Promos
          • bet365 Casino Promo Code
          • BetRivers Casino Promo
          • Borgata Casino Bonus Code
          • Caesars Casino Bonus Code
          • DraftKings Casino Promo
          • Fanatics Casino Promo
          • FanDuel Casino Promo Code
          • Golden Nugget Casino Promo
          • Hard Rock Bet Casino Promo
          • Hollywood Casino Promo Code
      • Canada Casinos
        • Back
        • Canada Casinos
        • Canada Online Casinos
        • Provinces
          • Back
          • Provinces
          • Alberta Online Casino
          • BC Online Casino
          • Ontario Online Casinos
        • Casino Promos
          • Back
          • Casino Promos
          • BC.GAME Bonus Code
          • Cloudbet Promo Code
          • RainBet Promo Code
          • Roobet Promo Code
          • Shuffle Promo Code
          • Thrill Promo Code
    • Prediction Markets
      • Prediction Markets
      • Prediction Market Apps
      • Prediction Market Promos
      • Kalshi Promo Code
      • Polymarket Promo Code
      • DraftKings Predictions Promo Code
      • Novig Promo Code
      • ProphetX Promo Code
      • Underdog Promo Code
      • OG Promo Code
      • Fanatics Markets Promo Code
      • Plus500 Promo Code
    Covers Account
    Log in Create account
    Join free Log in
    All Forums | Streak Survivor

    Do bookie's lose money?

    «First Previous 123 ... 567 Next Last»
    dudetahoe
    PhArObiS
    habs420
    cleopat
    PackerBacker315
    ...
    Participants:
    Search model icon
    Views: 138669
    Posts: 173
    «First Previous 123 ... 567 Next Last»
     
    dudetahoe
    dudetahoe
    Prospect
    Participation Meter
    Joined: Feb, 2012
    Posts: 1
    Posted: Jul. 14, 2012 - 11:26 AM ET #126

    Books have a very small hold percentage.  They will lose money if they are not safe or if their numbers get too far away from the consensus number.  If there is a whale(s) who is not sharp on their better list, then they can be quite profitable, but other than that they are not cash-cows like a slot machine or roulette tables. 
    Reply
    Quote Post
    0
    Report User
    Books have a very small hold percentage.  They will lose money if they are not safe or if their numbers get too far away from the consensus number.  If there is a whale(s) who is not sharp on their better list, then they can be quite profitable, but other than that they are not cash-cows like a slot machine or roulette tables. 
     
    PhArObiS
    PhArObiS
    Prospect
    Participation Meter
    Joined: Dec, 2011
    Posts: 223
    Posted: Aug. 16, 2012 - 11:26 AM ET #127

    Quote Originally Posted by lightsout2184:

    oh he isnt doing everything correctly. parlays and teasers are a bookies best friend. why would you take straight wagers only.

    Absolutly true,... Parleys and tesers r the bookies bet friend ;)
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by lightsout2184:

    oh he isnt doing everything correctly. parlays and teasers are a bookies best friend. why would you take straight wagers only.

    Absolutly true,... Parleys and tesers r the bookies bet friend ;)
     
    habs420
    habs420
    Veteran
    Participation Meter
    Joined: May, 2009
    Posts: 1125
    Posted: Aug. 21, 2012 - 3:18 AM ET #128

    [Quote: Originally Posted by RantinRave] Tuppy - Thanks for a genuine response. lol.

    I always thought that parlay's and teasers were the wrong route to go unless you had a a bunch start up money. For example, "this person" doesn't want a couple people hitting a 3-team $100 parlay. I mean, in the long run they are going to lose, but right now there could be some desperation for a losing week.
     
    They will be considered though.

    3 team parlay, couple people winning.  Hard to hit and if they do its probably 3 heavy favs.  Weak payouts.  Personally, I'd take parlays all day if I was a bookie.
    Reply
    Quote Post
    0
    Report User
    [Quote: Originally Posted by RantinRave] Tuppy - Thanks for a genuine response. lol.

    I always thought that parlay's and teasers were the wrong route to go unless you had a a bunch start up money. For example, "this person" doesn't want a couple people hitting a 3-team $100 parlay. I mean, in the long run they are going to lose, but right now there could be some desperation for a losing week.
     
    They will be considered though.

    3 team parlay, couple people winning.  Hard to hit and if they do its probably 3 heavy favs.  Weak payouts.  Personally, I'd take parlays all day if I was a bookie.
     
    cleopat
    cleopat
    Prospect
    Participation Meter
    Joined: Oct, 2009
    Posts: 1
    Posted: Sep. 3, 2012 - 8:09 PM ET #129

    NO bookmakers put you on payment plans and make your life miserable i have five easy steps to get any gambling out of anything
    Reply
    Quote Post
    0
    Report User
    NO bookmakers put you on payment plans and make your life miserable i have five easy steps to get any gambling out of anything
     
    PackerBacker315
    PackerBacker315
    Prospect
    Participation Meter
    Joined: Sep, 2012
    Posts: 47
    Posted: Sep. 7, 2012 - 11:45 PM ET #130

    Over time bookies dont lose money.. Anyone can take a bad hit one week..
    Reply
    Quote Post
    0
    Report User
    Over time bookies dont lose money.. Anyone can take a bad hit one week..
     
    pokerfacekk
    pokerfacekk
    Prospect
    Participation Meter
    Joined: Mar, 2011
    Posts: 15
    Posted: Jul. 26, 2013 - 1:06 PM ET #131

    Quote Originally Posted by RantinRave:

    This is all hypothetical of course..

    A person loses a lot of money to online sports books and this person's local guy. He then decides to take action from close friends and some others. In four weeks he gets cleaned out for 4k. Usually a bad weekend would be -500. He's doing everything "correctly" (i.e. charging 10 cents on the dollar, taking straight wagers only, game and halftime lines, etc.)

    You have to make sure your clients are not all betting the same lines or you could continue to lose on a daily/weekly/monthly basis.

    If you come to a point where you clients are over betting the same lines lock that game off In turn increases your odds with other games and overall payouts. Other than that you are just making a gamble yourself betting the opposite team instead of collecting that per say 10cent on the dollar

    What would you do?
    A. Stop
    B. Continue
    C. Other

    PS - 50% are known degen's. The other 50% never wagered on a game in their entire life.
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by RantinRave:

    This is all hypothetical of course..

    A person loses a lot of money to online sports books and this person's local guy. He then decides to take action from close friends and some others. In four weeks he gets cleaned out for 4k. Usually a bad weekend would be -500. He's doing everything "correctly" (i.e. charging 10 cents on the dollar, taking straight wagers only, game and halftime lines, etc.)

    You have to make sure your clients are not all betting the same lines or you could continue to lose on a daily/weekly/monthly basis.

    If you come to a point where you clients are over betting the same lines lock that game off In turn increases your odds with other games and overall payouts. Other than that you are just making a gamble yourself betting the opposite team instead of collecting that per say 10cent on the dollar

    What would you do?
    A. Stop
    B. Continue
    C. Other

    PS - 50% are known degen's. The other 50% never wagered on a game in their entire life.
     
    bonfire69
    bonfire69
    All-Star
    Participation Meter
    Joined: May, 2007
    Posts: 11046
    Posted: Jul. 29, 2013 - 10:41 PM ET #132

    Reply
    Quote Post
    0
    Report User
     
    butkusmlb
    butkusmlb
    Veteran
    Participation Meter
    Joined: Jan, 2006
    Posts: 1395
    Posted: Aug. 3, 2013 - 10:07 AM ET #133

    Only if they are greedy. There is a solid code among the best in the business and if they follow it strictly with no deviations, they never lose.

    Losing weeks --yes

    Losing months---no or very seldom

    Losing years---never

    Reply
    Quote Post
    0
    Report User

    Only if they are greedy. There is a solid code among the best in the business and if they follow it strictly with no deviations, they never lose.

    Losing weeks --yes

    Losing months---no or very seldom

    Losing years---never

     
    Theboundbook
    Theboundbook
    Prospect
    Participation Meter
    Joined: Mar, 2007
    Posts: 19
    Posted: Aug. 4, 2013 - 1:48 PM ET #134

    Quote Originally Posted by Chadnailz6:

    lightsout,

    you are moronic if you are claiming that a bookie is not hoping for near equal action on the games.  Why in the hell do you think spreads are created?  To lure people into betting evenly on the matchup. 

    Take this as an example:

    Bookie takes 100 bets on Monday Night Football game.  Colts vs. Patriots, Patriots favored by 3.  It is a bookie/sportsbooks nightmare if 85 people take the Patriots.  They don't want to lose all of that money.  By getting more even bets, the bookie is going to make money no matter what.

    If you're bookie would rather take the 85-15 spread, then I would deem him an ignorant person...


    This is not true.....  They want, especially in RIGGED NFL AND NBA especially 70%+ to be on the fave and over which is a usual thing in both those sports it seems.. ESPECIALLY ON SUNDAY NIGHT N MONDAY NIGHT TELEVISED GAMES (Or HAW CFB game that starts at Midnight EST for the CHASERS trying to get money lost all day SAT).... SEEN BOOKS WIN EVERY SINGLE YEAR IN NFL AND BIG TIME EXCEPT ONE... AND THAT WAS THIS LAST YEAR....  WHY, FAVES AND OVERS WERE COVERING EASILY (INCL CFB AND CBB) AND EVEN WITH THE REFS "RIGGING" THE FINAL DRIVE TO BACKDOOR DOGGY SPECIAL COVER, TEAMS WERE TURNING THE BALL OVER OR GIVING IT UP ON DOWNS WITHOUT EVEN GIVING THE REF A CHANCE TO MAKE A HORRID CALL FOR THE 1st DOWN ON A PASS INT. OR DEFENSIVE HOLDING, ETC ETC....  AND NBA, I RECOMMEND TIM DONAGHY'S BOOK, A PERSONAL FOUL...  HELP YOU BE A BETTER GAMBLER, AND IF YOU ARE A BOOKIE, THAT TOO...
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by Chadnailz6:

    lightsout,

    you are moronic if you are claiming that a bookie is not hoping for near equal action on the games.  Why in the hell do you think spreads are created?  To lure people into betting evenly on the matchup. 

    Take this as an example:

    Bookie takes 100 bets on Monday Night Football game.  Colts vs. Patriots, Patriots favored by 3.  It is a bookie/sportsbooks nightmare if 85 people take the Patriots.  They don't want to lose all of that money.  By getting more even bets, the bookie is going to make money no matter what.

    If you're bookie would rather take the 85-15 spread, then I would deem him an ignorant person...


    This is not true.....  They want, especially in RIGGED NFL AND NBA especially 70%+ to be on the fave and over which is a usual thing in both those sports it seems.. ESPECIALLY ON SUNDAY NIGHT N MONDAY NIGHT TELEVISED GAMES (Or HAW CFB game that starts at Midnight EST for the CHASERS trying to get money lost all day SAT).... SEEN BOOKS WIN EVERY SINGLE YEAR IN NFL AND BIG TIME EXCEPT ONE... AND THAT WAS THIS LAST YEAR....  WHY, FAVES AND OVERS WERE COVERING EASILY (INCL CFB AND CBB) AND EVEN WITH THE REFS "RIGGING" THE FINAL DRIVE TO BACKDOOR DOGGY SPECIAL COVER, TEAMS WERE TURNING THE BALL OVER OR GIVING IT UP ON DOWNS WITHOUT EVEN GIVING THE REF A CHANCE TO MAKE A HORRID CALL FOR THE 1st DOWN ON A PASS INT. OR DEFENSIVE HOLDING, ETC ETC....  AND NBA, I RECOMMEND TIM DONAGHY'S BOOK, A PERSONAL FOUL...  HELP YOU BE A BETTER GAMBLER, AND IF YOU ARE A BOOKIE, THAT TOO...
     
    Theboundbook
    Theboundbook
    Prospect
    Participation Meter
    Joined: Mar, 2007
    Posts: 19
    Posted: Aug. 10, 2013 - 1:52 AM ET #135

    Quote Originally Posted by butkusmlb:

    Only if they are greedy. There is a solid code among the best in the business and if they follow it strictly with no deviations, they never lose.

    Losing weeks --yes

    Losing months---no or very seldom

    Losing years---never


    Many online books WENT OUT OF BUSINESS AND/OR RIPPED OFF MANY MANY PEOPLE AND THEN CLOSED THIS PAST NFL SEASON.... MOST VEGAS SPORTSBOOKS LOST ON NFL SEASON FOR FIRST TIME I HAD EVER HEARD....  THINK OF ALL THE OVERS LAST YEAR, AND ALL THOSE LAST MINUTE DRIVES WHERE A UNDERDOG COMES DOWN TO RUIN THE SPREAD BECAUSE OF 2 OR MORE HORRID CALLS HELPING THE SHITTY TEAM "BACKDOOR COVER".... WELL, THERE WERE PROBABLY SAME AVERAGE AMOUNT OF GAMES WHERE THOSE UPSET PT SPREAD BACKDOOR COVERS WERE SET UP TO HAPPEN, BUT FOR SOME REASON, EVEN WITH SOME TEAMS GETTING 4, 8, or even 12 PLAYS TO GO THE LENGTH OF THE FIELD THANKS TO CONVENIENT PASS INT OR DEF. HOLDINGS TO GET BALL IN AND COVER, THEY JUST DIDNT HAPPEN.....  TEAMS WOULD THROW PICK 6 OR JUST GIVE IT UP ON A TURNOVER OR DOWNS... EVEN WITH REFS BLATANTLY HELPING (THEY DO EVERY YEAR, AND ANYONE WHO DOESNT SEE IT IS HIGH OR WANTS TO BELIEVE THERE ISNT "FIXING" IN SPORTS)... NBA IS NOW #1 FIXED SPORT SINCE DON KING QUIT BOXING, TAKING NFL TO #2....

    TIM DONAGHY'S BOOK PERSONAL FOUL,  TELLS IT HOW IT IS....  THAT MAN WAS FUCKED OUT OF A JOB NOT BECAUSE OF GAMBLING BUT BECAUSE HE WAS SPREADING THE WORD ABOUT HOW THE NBA REALLY WORKS... KOBE DOESNT SINK 24 STRAIGHT FT'S UP 16 on a spread of -11 AND WITH 1 MIN LEFT LAL HAS 4 TURNOVERS AND KOBE MISSES 4 FT'S FOR THEM TO WIN BY 9 or 10... WATCH FOR ALL THE TIME OUTS CALLED WITH 25 SECONDS LEFT IN AN 8 PT + GAME....  READ THE BOOK IF YOU DONT BELIEVE SPORTS IS FIXED BECAUSE OF ONE REASON.... MONEY....
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by butkusmlb:

    Only if they are greedy. There is a solid code among the best in the business and if they follow it strictly with no deviations, they never lose.

    Losing weeks --yes

    Losing months---no or very seldom

    Losing years---never


    Many online books WENT OUT OF BUSINESS AND/OR RIPPED OFF MANY MANY PEOPLE AND THEN CLOSED THIS PAST NFL SEASON.... MOST VEGAS SPORTSBOOKS LOST ON NFL SEASON FOR FIRST TIME I HAD EVER HEARD....  THINK OF ALL THE OVERS LAST YEAR, AND ALL THOSE LAST MINUTE DRIVES WHERE A UNDERDOG COMES DOWN TO RUIN THE SPREAD BECAUSE OF 2 OR MORE HORRID CALLS HELPING THE SHITTY TEAM "BACKDOOR COVER".... WELL, THERE WERE PROBABLY SAME AVERAGE AMOUNT OF GAMES WHERE THOSE UPSET PT SPREAD BACKDOOR COVERS WERE SET UP TO HAPPEN, BUT FOR SOME REASON, EVEN WITH SOME TEAMS GETTING 4, 8, or even 12 PLAYS TO GO THE LENGTH OF THE FIELD THANKS TO CONVENIENT PASS INT OR DEF. HOLDINGS TO GET BALL IN AND COVER, THEY JUST DIDNT HAPPEN.....  TEAMS WOULD THROW PICK 6 OR JUST GIVE IT UP ON A TURNOVER OR DOWNS... EVEN WITH REFS BLATANTLY HELPING (THEY DO EVERY YEAR, AND ANYONE WHO DOESNT SEE IT IS HIGH OR WANTS TO BELIEVE THERE ISNT "FIXING" IN SPORTS)... NBA IS NOW #1 FIXED SPORT SINCE DON KING QUIT BOXING, TAKING NFL TO #2....

    TIM DONAGHY'S BOOK PERSONAL FOUL,  TELLS IT HOW IT IS....  THAT MAN WAS FUCKED OUT OF A JOB NOT BECAUSE OF GAMBLING BUT BECAUSE HE WAS SPREADING THE WORD ABOUT HOW THE NBA REALLY WORKS... KOBE DOESNT SINK 24 STRAIGHT FT'S UP 16 on a spread of -11 AND WITH 1 MIN LEFT LAL HAS 4 TURNOVERS AND KOBE MISSES 4 FT'S FOR THEM TO WIN BY 9 or 10... WATCH FOR ALL THE TIME OUTS CALLED WITH 25 SECONDS LEFT IN AN 8 PT + GAME....  READ THE BOOK IF YOU DONT BELIEVE SPORTS IS FIXED BECAUSE OF ONE REASON.... MONEY....
     
    IPICKGAMES
    IPICKGAMES
    Prospect
    Participation Meter
    Joined: Feb, 2010
    Posts: 108
    Posted: Aug. 23, 2013 - 4:19 PM ET #136

    Sharp bettors bust bookies.....
    Reply
    Quote Post
    0
    Report User
    Sharp bettors bust bookies.....
     
    butkusmlb
    butkusmlb
    Veteran
    Participation Meter
    Joined: Jan, 2006
    Posts: 1395
    Posted: Aug. 25, 2013 - 12:26 PM ET #137

    The sharp bettors are the sharp bookies because they win 90% of the time.
    Reply
    Quote Post
    0
    Report User
    The sharp bettors are the sharp bookies because they win 90% of the time.
     
    IPICKGAMES
    IPICKGAMES
    Prospect
    Participation Meter
    Joined: Feb, 2010
    Posts: 108
    Posted: Aug. 25, 2013 - 10:49 PM ET #138

    it takes one sharp bettor to take down a local bookie, an offshore account will just throw that person out.
    Reply
    Quote Post
    0
    Report User
    it takes one sharp bettor to take down a local bookie, an offshore account will just throw that person out.
     
    butkusmlb
    butkusmlb
    Veteran
    Participation Meter
    Joined: Jan, 2006
    Posts: 1395
    Posted: Aug. 26, 2013 - 10:13 AM ET #139

    I said a " sharp bookie".  A sharp bookie #1- is not greedy #2- follows the code that has been handed down over the years by the best of the best #3- he can spot a sharp bettor early on and alter his rules of engagement by limiting this players action amounts. Blah blah blah.

    There are 50 other reasons a "sharp bookie' will not be beaten by anyone consistently.

    Reply
    Quote Post
    0
    Report User

    I said a " sharp bookie".  A sharp bookie #1- is not greedy #2- follows the code that has been handed down over the years by the best of the best #3- he can spot a sharp bettor early on and alter his rules of engagement by limiting this players action amounts. Blah blah blah.

    There are 50 other reasons a "sharp bookie' will not be beaten by anyone consistently.

     
    Bodogjoe
    Bodogjoe
    Rookie
    Participation Meter
    Joined: Apr, 2007
    Posts: 926
    Posted: Aug. 30, 2013 - 7:55 PM ET #140

    YOU MUSY have a big  player  option....50  50  comes into play....and then you need to be able to fluff  off bets that go ..2 one sided  to ....OTHER BOOKIES....going alone  WITHOUT  alot of moola at home...invovles  other    people...catch my drift//
    Reply
    Quote Post
    0
    Report User
    YOU MUSY have a big  player  option....50  50  comes into play....and then you need to be able to fluff  off bets that go ..2 one sided  to ....OTHER BOOKIES....going alone  WITHOUT  alot of moola at home...invovles  other    people...catch my drift//
     
    superstroke
    superstroke
    Prospect
    Participation Meter
    Joined: Jul, 2013
    Posts: 3
    Posted: Sep. 5, 2013 - 1:53 PM ET #141

    I,ve booked for over 25 years and have NEVER had a loseing year. Y,ve GOTto keep GOOD NUMBERS,LIKEfrom the pin.,  or the CHRIS.,and Y,ouv got to MOVE your numbers! The bookmaker has to only win 44 percent, too brake even!  Nice talking to you.
    Reply
    Quote Post
    0
    Report User
    I,ve booked for over 25 years and have NEVER had a loseing year. Y,ve GOTto keep GOOD NUMBERS,LIKEfrom the pin.,  or the CHRIS.,and Y,ouv got to MOVE your numbers! The bookmaker has to only win 44 percent, too brake even!  Nice talking to you.
     
    beef727
    beef727
    Prospect
    Participation Meter
    Joined: Dec, 2006
    Posts: 32
    Posted: Sep. 7, 2013 - 10:52 AM ET #142

    of course! i am the bookies worse nightmare!
    Reply
    Quote Post
    0
    Report User
    of course! i am the bookies worse nightmare!
     
    sharpsports78
    sharpsports78
    Prospect
    Participation Meter
    Joined: Sep, 2013
    Posts: 1
    Posted: Sep. 9, 2013 - 9:54 PM ET #143

    Quote Originally Posted by RantinRave:

    This is all hypothetical of course..

    A person loses a lot of money to online sports books and this person's local guy. He then decides to take action from close friends and some others. In four weeks he gets cleaned out for 4k. Usually a bad weekend would be -500. He's doing everything "correctly" (i.e. charging 10 cents on the dollar, taking straight wagers only, game and halftime lines, etc.)

    What would you do?
    A. Stop
    B. Continue
    C. Other

    PS - 50% are known degen's. The other 50% never wagered on a game in their entire life.

    The answer is: B. Continue

    Unless your bookie buddy is unknowingly booking sharps (highly unlikely) then long term he will get ALL + A ton of money back. If your bookie buddy has a small bankroll then of course losing $4k in a month is a lot, but in all the years I've been around sports betting, I've never seen a guy go on a longer winning streak than 3 weeks. 

    That being said, tell him to gut it out and it will pay off soon enough. Most times, the players give up ALL their winnings from the previous weeks in one weekend. 

    And if he does want to quit for good, tell him to send his players my way. I'll book their action.  
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by RantinRave:

    This is all hypothetical of course..

    A person loses a lot of money to online sports books and this person's local guy. He then decides to take action from close friends and some others. In four weeks he gets cleaned out for 4k. Usually a bad weekend would be -500. He's doing everything "correctly" (i.e. charging 10 cents on the dollar, taking straight wagers only, game and halftime lines, etc.)

    What would you do?
    A. Stop
    B. Continue
    C. Other

    PS - 50% are known degen's. The other 50% never wagered on a game in their entire life.

    The answer is: B. Continue

    Unless your bookie buddy is unknowingly booking sharps (highly unlikely) then long term he will get ALL + A ton of money back. If your bookie buddy has a small bankroll then of course losing $4k in a month is a lot, but in all the years I've been around sports betting, I've never seen a guy go on a longer winning streak than 3 weeks. 

    That being said, tell him to gut it out and it will pay off soon enough. Most times, the players give up ALL their winnings from the previous weeks in one weekend. 

    And if he does want to quit for good, tell him to send his players my way. I'll book their action.  
     
    ponrock
    ponrock
    Prospect
    Participation Meter
    Joined: Nov, 2006
    Posts: 70
    Posted: Sep. 12, 2013 - 3:10 PM ET #144

    Bookies never lose any money...they are always winners for sure.. juice is their money..
    Reply
    Quote Post
    0
    Report User
    Bookies never lose any money...they are always winners for sure.. juice is their money..
     
    HoldingXYZ
    HoldingXYZ
    Captain
    Participation Meter
    Joined: Sep, 2013
    Posts: 6667
    Posted: Sep. 20, 2013 - 4:37 AM ET #145

    Books don't ever lose.. Not the large ones... 

    they take 100 on tb
    they take 2000 on saints..

    They send off 1900 to the higher ups in the system.. 

    Only way the books lose is if people lay BILLIONS and HIT... 
    Ofcoarse they won't take those bets.. =0
    Reply
    Quote Post
    0
    Report User
    Books don't ever lose.. Not the large ones... 

    they take 100 on tb
    they take 2000 on saints..

    They send off 1900 to the higher ups in the system.. 

    Only way the books lose is if people lay BILLIONS and HIT... 
    Ofcoarse they won't take those bets.. =0
     
    albosboy
    albosboy
    Prospect
    Participation Meter
    Joined: Sep, 2013
    Posts: 1
    Posted: Sep. 20, 2013 - 1:01 PM ET #146

    any games tonight.
    Reply
    Quote Post
    0
    Report User
    any games tonight.
     
    ms_b-ball
    ms_b-ball
    Prospect
    Participation Meter
    Joined: Dec, 2003
    Posts: 153
    Posted: Oct. 7, 2013 - 11:49 AM ET #147

    Quote Originally Posted by Theboundbook:



    TIM DONAGHY'S BOOK PERSONAL FOUL,  TELLS IT HOW IT IS....  THAT MAN WAS FUCKED OUT OF A JOB NOT BECAUSE OF GAMBLING BUT BECAUSE HE WAS SPREADING THE WORD ABOUT HOW THE NBA REALLY WORKS... KOBE DOESNT SINK 24 STRAIGHT FT'S UP 16 on a spread of -11 AND WITH 1 MIN LEFT LAL HAS 4 TURNOVERS AND KOBE MISSES 4 FT'S FOR THEM TO WIN BY 9 or 10... WATCH FOR ALL THE TIME OUTS CALLED WITH 25 SECONDS LEFT IN AN 8 PT + GAME....  READ THE BOOK IF YOU DONT BELIEVE SPORTS IS FIXED BECAUSE OF ONE REASON.... MONEY....


    My sentiments EXACTLY...A year before Donaghy was busted I posted that there was a Las Vegas Bookie connection to Spurs vs Suns playoff foul calls and was chastised off the boards for suggesting this theory yet and Bookmakers don't go out of business the simply change their names..but then again..
    Everybody Know Vegas Was Built By Winners....DOH


    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by Theboundbook:



    TIM DONAGHY'S BOOK PERSONAL FOUL,  TELLS IT HOW IT IS....  THAT MAN WAS FUCKED OUT OF A JOB NOT BECAUSE OF GAMBLING BUT BECAUSE HE WAS SPREADING THE WORD ABOUT HOW THE NBA REALLY WORKS... KOBE DOESNT SINK 24 STRAIGHT FT'S UP 16 on a spread of -11 AND WITH 1 MIN LEFT LAL HAS 4 TURNOVERS AND KOBE MISSES 4 FT'S FOR THEM TO WIN BY 9 or 10... WATCH FOR ALL THE TIME OUTS CALLED WITH 25 SECONDS LEFT IN AN 8 PT + GAME....  READ THE BOOK IF YOU DONT BELIEVE SPORTS IS FIXED BECAUSE OF ONE REASON.... MONEY....


    My sentiments EXACTLY...A year before Donaghy was busted I posted that there was a Las Vegas Bookie connection to Spurs vs Suns playoff foul calls and was chastised off the boards for suggesting this theory yet and Bookmakers don't go out of business the simply change their names..but then again..
    Everybody Know Vegas Was Built By Winners....DOH


     
    nc1capper
    nc1capper
    MVP
    Participation Meter
    Joined: Aug, 2007
    Posts: 16348
    Posted: Oct. 11, 2013 - 6:06 PM ET #148

    I see soft lines available as my local adjusts his numbers 
    Reply
    Quote Post
    0
    Report User
    I see soft lines available as my local adjusts his numbers 
     
    DRE-DAY
    DRE-DAY
    Veteran
    Participation Meter
    Joined: Mar, 2011
    Posts: 3477
    Posted: Oct. 14, 2013 - 11:16 PM ET #149

    the house never lose
    Reply
    Quote Post
    0
    Report User
    the house never lose
     
     
    devilownsme
    devilownsme
    Rookie
    Participation Meter
    Joined: Oct, 2013
    Posts: 952
    Posted: Oct. 18, 2013 - 6:59 PM ET #150

    Quote Originally Posted by Chadnailz6:

    lightsout,

    you are moronic if you are claiming that a bookie is not hoping for near equal action on the games.  Why in the hell do you think spreads are created?  To lure people into betting evenly on the matchup. 

    Take this as an example:

    Bookie takes 100 bets on Monday Night Football game.  Colts vs. Patriots, Patriots favored by 3.  It is a bookie/sportsbooks nightmare if 85 people take the Patriots.  They don't want to lose all of that money.  By getting more even bets, the bookie is going to make money no matter what.

    If you're bookie would rather take the 85-15 spread, then I would deem him an ignorant person...



    bookies have the statistical edge, and they are very greedy, if they have good odds in their favor they will let a uneven spread ride out if all the money is going to a side that statistacally will not cover.
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by Chadnailz6:

    lightsout,

    you are moronic if you are claiming that a bookie is not hoping for near equal action on the games.  Why in the hell do you think spreads are created?  To lure people into betting evenly on the matchup. 

    Take this as an example:

    Bookie takes 100 bets on Monday Night Football game.  Colts vs. Patriots, Patriots favored by 3.  It is a bookie/sportsbooks nightmare if 85 people take the Patriots.  They don't want to lose all of that money.  By getting more even bets, the bookie is going to make money no matter what.

    If you're bookie would rather take the 85-15 spread, then I would deem him an ignorant person...



    bookies have the statistical edge, and they are very greedy, if they have good odds in their favor they will let a uneven spread ride out if all the money is going to a side that statistacally will not cover.
    All Forums | Streak Survivor
    «First Previous 123 ... 567 Next Last»

    Hot Forums IconHot Forum Topics

    • 🤢🥴💩_ Fubah's risky baseball bets _🥶😲🥵 445,694 Covers arrow
    • Tuesday 09/08/2026 972 Covers arrow
    • 🏈🏈🏈 Fubah2's risky CFB bets 253,206 Covers arrow
    • Couple thoughts 3,103 Covers arrow
    • Tuesday 2,493 Covers arrow
    • Breathtaking ....truly 20,478 Covers arrow
    • We have picked a terrible time to have the stupidest president ever 26,696 Covers arrow
    • Obviously the true face of the republican party 30,554 Covers arrow
    • NCAA FOOTBALL. 151 15,101 Covers arrow
    • pg mlb 2026 season thread 6,320 Covers arrow

    Warning - External Link

    Report User

    Thank you for reporting
    This content is abusive or harmful
    This post is spam
    An error has occurred
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Delete Post

    Are you sure you would like to remove this post?

    Remove Thread

    Are you sure you would like to remove this thread?

    Scan Results

    Login/Register

    Happy to have you join the conversation. To do so, please login or create an account.
    Accounts are free and easy to create.

    Search


    Loading…

    Loading…

    About Us
    Contact Us
    Careers
    Our Team
    Brand
    Testimonials
    Betting Guides
    Sportsbook Reviews
    Betting News
    Podcasts
    Responsible Gambling
    Betting Sites
    US Betting Sites
    Canada Betting Sites
    Canada Casinos
    Best Betting Apps
    Contests
    Streak Survivor
    King of Covers
    Ultimate Race
    Office Pools
    The Covers community has
    810,221
    lifetime members worldwide
    Join our community today
    Covers 30 Years Logo Established in 1995,
    Covers is the world
    leader in sports
    betting information.
    21+
    Gambling problem? Call 1-800-GAMBLER
    Help Privacy Terms of Service Cookies Sitemap Forum
    YouTube logo
    Facebook logo
    Twitter logo
    Instagram logo
    LinkedIn logo
    Google News logo
    Covers is verified safe by:
    Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo PCI DSS logo Logo
    Copyright © 1995 - 2026 CS Media Ltd. All Rights Reserved.
    If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.