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re: Bookie says they won't play

Posted on 8/31/10 at 1:35 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 8/31/10 at 1:35 pm to
quote:

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.


Nope. You win less than you lose b/c of vigorish. It is not a wash, but is a slight loss.
Posted by Shanesix
Abita Springs
Member since Apr 2008
1936 posts
Posted on 8/31/10 at 1:39 pm to
quote:

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
.

this is WRONG!!!! You lose the "juice"
Posted by mmtiger
South Louisiana
Member since Jan 2005
2892 posts
Posted on 8/31/10 at 1:49 pm to
I have no idea if they will play or not, but it makes sense they would not play. If those players under suspicion do play, and UNC wins, and those players are lated suspended, UNC would have the win removed from the books (i guess). From UNC's perspective, it would be better to hold the players out of the game. From my irrelevent perspective, I would want UNC playing with its best people, because if LSU wins, the negitives would question the win. Seems lose - lose scenario.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/31/10 at 1:50 pm to
quote:

and Vegas gets creamed.
Vegas gets creamed on those bets, but they will be offset by bets the other way. I'm not sure you understand how Vegas bookies make money.
Posted by mmtiger
South Louisiana
Member since Jan 2005
2892 posts
Posted on 8/31/10 at 1:50 pm to
And, it may be a lose-lose scenario if LSU wins, but, LSU did not create the situation, UNC created the situation. Its very sad.
Posted by Zach
Gizmonic Institute
Member since May 2005
112578 posts
Posted on 8/31/10 at 2:50 pm to
quote:

Nope. You win less than you lose b/c of vigorish. It is not a wash, but is a slight loss.

Vs. the big payoff if you win both. We've been over this. So...it's very small lose vs. very big win. No big loss is possible.
Posted by Zach
Gizmonic Institute
Member since May 2005
112578 posts
Posted on 8/31/10 at 2:52 pm to
quote:

Vegas gets creamed on those bets, but they will be offset by bets the other way. I'm not sure you understand how Vegas bookies make money.

That's why they have NL on some games. If it were all determined by bets moving the line then every game would have a line.
Posted by H-Town Tiger
Member since Nov 2003
59128 posts
Posted on 8/31/10 at 3:17 pm to
quote:

That's why they have NL on some games. If it were all determined by bets moving the line then every game would have a line.


usually when there is no line its because there is some unknown at that point and they are waiting to find, say the status of a key player. They usually don't take bets on D 1 v D 1A games.
Posted by OFWHAP
Member since Sep 2007
5416 posts
Posted on 8/31/10 at 4:25 pm to
What happened during the USC v. Stanford game in 2007? Was there NL or was the bet not big enough either way?
Posted by Zach
Gizmonic Institute
Member since May 2005
112578 posts
Posted on 9/3/10 at 11:06 am to
Bump!
Looks like the bookie was right several days in advance.
Posted by BigDogGambler
The Ship
Member since Oct 2009
997 posts
Posted on 9/3/10 at 11:10 am to
Good call.
Posted by BamaScoop
Panama City Beach, Florida
Member since May 2007
53863 posts
Posted on 9/3/10 at 11:15 am to
quote:

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


frick vegas! They have "creamed" so many people for so many years that it is nice to see them take a fricking every now and then.
Posted by BigCheez19
Mandeville, LA
Member since Sep 2009
24 posts
Posted on 9/3/10 at 11:15 am to
Tweleve players won't be playing.

LINK
Posted by sabanisarustedspoke
Member since Jan 2007
4947 posts
Posted on 9/3/10 at 11:15 am to
quote:


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.



Also a no-lose scenario for vegas. In all scenarios they get the juice which is all they want anywhay.
Posted by moneyg
Member since Jun 2006
56655 posts
Posted on 9/3/10 at 11:23 am to
quote:

Bump!
Looks like the bookie was right several days in advance.


No offense man, but you weren't very specific and predicted the line wouldn't go above 2.5.

quote:

Who said they're losing 6 defensive starters?


quote:

his is 2nd hand. My friend in the face to face this morning did not name numbers of players. He was interested in the line. So his version of 'all players' might = 4 or 5. It might be ALL. I can't vouch for that. But he was absolutely assured that some number of players who have not been officially announced will not play according to inside sources at UNC.
He also said this is problematical for bookies and the line will not move above 2.5.


Posted by Zach
Gizmonic Institute
Member since May 2005
112578 posts
Posted on 9/3/10 at 11:55 am to
quote:

No offense man, but you weren't very specific and predicted the line wouldn't go above 2.5.

No offense taken, but I made no such prediction. I was repeating what I was told. I don't gamble. Never have. Never even bought a lottery ticket. I made the post because at the time there was a lot of speculation about whether or not players would be suspended. One poster up here started a thread saying NO players would be held out by UNC.
Posted by WelcomeToDeathValley
1st & 1st
Member since Aug 2006
16947 posts
Posted on 9/3/10 at 12:00 pm to
quote:

If LSU wins by a field goal the guy cleans up on both bets


the rant will explode if LSU by a FG
This post was edited on 9/3/10 at 12:01 pm
Posted by Zach
Gizmonic Institute
Member since May 2005
112578 posts
Posted on 9/3/10 at 12:02 pm to
Hell, the Rant will explode if LSU wins by 10.
Posted by H-Town Tiger
Member since Nov 2003
59128 posts
Posted on 9/3/10 at 12:07 pm to
quote:

What happened during the USC v. Stanford game in 2007? Was there NL or was the bet not big enough either way?


I'm not sure what you are asking, but there was a point spread it was something like USC -40. I doubt there was a money line, they usual don't have ML on college games when the spread is over 15 or so. There was probably not a lot of action on that game, but I'd bet (pun intended) that Vegas won since the public tends to bet favorites.
Posted by AlejandroInHouston
New Orleans
Member since Apr 2007
18776 posts
Posted on 9/3/10 at 12:10 pm to
quote:

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.


This logic is flawed. He has already "won" by betting LSU at -1 before the line shifted.

If he then flips and tries to middle the game he has a TON to lose because he's risking his easy win on the initial bet.

Middling isn't some genius strategy that people try to make it out to be. If you make an initial bet and the lines move enough to consider middling, then you've already won and have gotten a free 3 points on your initial wager.

Not a good situation to get greedy IMO. Take the money and run. You'd be better off applying your winnings from the initial bet onto another game that you like instead of praying for a 1 in 7 shot like the game hitting on the middle.

So in a nutshell your statement that "He cannot lose any money" is a little short sighted. He can (and probably will) lose the money that he was going to win on his first bet of LSU-1. Further, he is taking what could be a relatively stress-free bet of LSU-1 and mandating that the entire game he will be on pins and needles, trying to pray for a scenario in which LSU wins by 2 or 3 points, which is the equivalent of Chinese water torture.
This post was edited on 9/3/10 at 12:21 pm
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