Serious question.

[IX_Bender]

Even though Ive been here a long time, my theory on sports betting is as basic as every gambler out there.

I dont play for fun, or action, or just to make some 'extra cash'. Basically I dont hedge or buy back on almost anything However yesterday I was in a unique position to make very good money doing so. Almost better money than the actual bet would have paid which is crazy.

The game was actually a tennis match where I took the favorite at -125. Well, due to rain at the open the match was postponed another day and in that time the line shot up. Err... skyrocketed.
It was -185 by that evening, so +165 for scalpers who wanted to get guaranteed money. Once again, thats not my style, nor how I play.

However, the next day the line shot up again to over -300. So I was looking at the dog line of +270ish which is crazy. This got me to thinking.

Anyways, long story short(er) I didnt buy back, or hedge, or lock in anything and the guy ended up winning straight sets. It was Querry for those interested.

My question is this, what is the policy if I did happen to buy back at the same book some 24+ hours later. Would they have paid/taken both side bets? Ive bought off games before at different books only due to finding out some critical info or not being comfortable with the same bet due to other reasons. Ive also bought back the other team at the half, which is a different bet on the same game.

BUT What about the same book though for both sides of the same bet? This is not a 'bonus whoring' situation and there is no rollover being met by the way. Major book, thousands of accounts, millions wagered type place. Does it matter on a time scale? Could the book take the loser and refuse to pay the winner in a worst case scenario?

 

[BleedDodgerBlue]

Once again, thats not my style, nor how I play.




My question is this, what is the policy if I did happen to buy back at the same book some 24+ hours later. Would they have paid/taken both side bets?
BUT What about the same book though for both sides of the same bet?

not sure why that isn't your style or how you play. it's not dirty or bad form as you seem to think, after all whatever it takes to win money. some people don't like to hedge or scalp, others do, its a personal preference, but i think you are costing yourself money if you completely nullify it from your options or arsenal so to speak.

to answer your question, i can only answer for pinnacle with ironclad first hand knowledge, that YES you can scalp and buy back their at different lines. they are so sure of their bookmaking abilities that they don't give a chit what you do.

my guess is that the sharper books don't care, and that every square book in the world will boot you pretty quick.

gl

 

[BleedDodgerBlue]

also, forgot to add that especially in tennis every book varies. some books will void your original bet if the match doesn't start on the specified day.

gl

 

[kneifl]

hey bender

hey bender

More power to you if you take the time to run across these lines hell I would scalp too:shrug: .

I see BL doing it frequently (and profitabily) in the OTW forum with his fight selections.

kneifl

 

[IX_Bender]

it's not dirty or bad form as you seem to think, after all whatever it takes to win money. some people don't like to hedge or scalp, others do, its a personal preference,
gl

Agreed, its personal preference. I never implied that it was 'dirty' or bad form, simply not how I operate. Im here to gamble.

So, if I have a bet on a match at -120 to win 100 and the line moves to -170 fav and +150 dog.
I suppose you could put 100 to win 150 on the other side and guarantee no loss with a chance to win 30 (150-120 there)

OR

You could put 80 to win 120 (at the +150 dog price) and lock in 20 via hoping your original stake hits.

Its personal preference, but Im not trying to win 20 bucks, or even try to win 30 taking the other side. Some folks who are more risk averse may look at this as a win-only situation, which it is. Its just not my style and never has been. Theres a reason I made the bet on the fav at -120 and now theres a few more ppl thinking the same thing which pushed the line up to -170. You have to believe its a good bet and Im more interested in hitting for the full unit and letting it ride than trying to lock in a fraction of that with nothing to lose. Its just personal preference.

Still there are times thru manipulation that one could achive increased payout odds thru certain scalps and it would be ignorant to refute that. Thanks for the responses.