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re: Bookie says they won't play

Posted on 8/31/10 at 11:49 am to
Posted by H-Town Tiger
Member since Nov 2003
59132 posts
Posted on 8/31/10 at 11:49 am to
quote:

Multiply that times all the gamblers that will use this strategy and Vegas gets creamed.


There are probably not very many people that did that, the odds are very low it hits right down the middle, if it does, what they lose is not a big deal.
Posted by Zach
Gizmonic Institute
Member since May 2005
112619 posts
Posted on 8/31/10 at 11:54 am to
quote:

There are probably not very many people that did that, the odds are very low it hits right down the middle, if it does, what they lose is not a big deal.


It's a no-lose scenario.
If UNC wins; the gambler loses bet No. 1 and wins bet No. 2 = a wash.
If LSU wins by 20 the gambler wins bet No. 1 and loses bet No. 2 = a wash.
If LSU wins by 2 or 3 the gambler wins bets 1 and 2.
He cannot lose any money.
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
22380 posts
Posted on 8/31/10 at 12:34 pm to
Middling has been a science for many years, and it pays in the long run. Don't underestimate it.

You will rarely see a big line move on Monday night games for this reason.

You will also be very surprised how many times the number drops right in the slot. Lines are very accurate.

The Vegas Power Ratings are my most reliable source for determining team strength. LSU has been highly rated by them since the Saban days, but non-mysteriously waning lately.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89621 posts
Posted on 8/31/10 at 1:04 pm to
quote:

There are probably not very many people that did that, the odds are very low it hits right down the middle, if it does, what they lose is not a big deal.


The problem is that the gambler can't lose. The house HATES that scenario. You would do that every time if you could. If you knew you couldn't lose, you would bet everything you could put up - if you win, you quadruple, otherwise you push.
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