A sharp gambler could be a very good linesmaker by shading his lines against the market line. However, he might open himself up to some one sided action and scalps/middles, so whoever is booking the lines would have to have a huge bankroll to take that kind of action.
For example if the market line in an NBA game was Lakers -5.5, and the sharp bettor figured the Lakers to be about a -7.5 point favorite in reality, he could book the lines at Lakers -6 or even Lakers -6.5 perhaps, and over the long haul he would make a killing if people tried to middle him or beat him by taking the dog, assuming his lines were consistently accurate.
However, you need a HUGE bankroll to book this kind of action, because of the one-sided nature of the bets that would come in.
Being a good linesmaker is just knowing what type of line will attract as close to 50/50 action as possible. However, I think that being a sharp bettor would definitely help in the process.
For example if the market line in an NBA game was Lakers -5.5, and the sharp bettor figured the Lakers to be about a -7.5 point favorite in reality, he could book the lines at Lakers -6 or even Lakers -6.5 perhaps, and over the long haul he would make a killing if people tried to middle him or beat him by taking the dog, assuming his lines were consistently accurate.
However, you need a HUGE bankroll to book this kind of action, because of the one-sided nature of the bets that would come in.
Being a good linesmaker is just knowing what type of line will attract as close to 50/50 action as possible. However, I think that being a sharp bettor would definitely help in the process.
A sharp gambler could very easily make nfl lines.
College football and both sides of the baskets would certainly be a different matter all together.
To many ways to open up your bankroll for the scalpers and middlers. But large enough bankroll still might out run the players by having to lay11/10.
College football and both sides of the baskets would certainly be a different matter all together.
To many ways to open up your bankroll for the scalpers and middlers. But large enough bankroll still might out run the players by having to lay11/10.
if i was a sharpie who knew every line out there, what it should be, and so on, I would be worth about 899 million dollars. In fact, this has been a dream of mine to have this computer that spits me out the real line on a game, and use it to my benefit.
For example, lets say BW was a bookie. He would have made 18 times more than he would have ever made gambling, and here is why..
Lets say the NYY are -165/+155 painted everywhere. Now lets say BW's computer spits out NYY -178 is the real line. So now, him being the bettor would of course bang out NYY -165, right. But if BW was a bookie, he would hang a NYY -170/+160, and now all of a sudden he gets big big time action on the dog at +160. So now BW is very happy because he now has the NYY -160, instead of -165, if he was a bettor, and the real line is NYY -178. BW should forget about betting and book, so this way, he gets any price he wants, which is way better than his betting price. And he will get tons of action because people will be scalping his #'s like crazy.
So a sharpie can retire in this biz as a bookie, that's for sure.
For example, lets say BW was a bookie. He would have made 18 times more than he would have ever made gambling, and here is why..
Lets say the NYY are -165/+155 painted everywhere. Now lets say BW's computer spits out NYY -178 is the real line. So now, him being the bettor would of course bang out NYY -165, right. But if BW was a bookie, he would hang a NYY -170/+160, and now all of a sudden he gets big big time action on the dog at +160. So now BW is very happy because he now has the NYY -160, instead of -165, if he was a bettor, and the real line is NYY -178. BW should forget about betting and book, so this way, he gets any price he wants, which is way better than his betting price. And he will get tons of action because people will be scalping his #'s like crazy.
So a sharpie can retire in this biz as a bookie, that's for sure.
This is a very easy answer...
I know several sharp gamblers who have opened up sports books offshore that are thriving...
TWO that comes to mind right away are Pinnacle & Olympic...
THE SHRINK
I know several sharp gamblers who have opened up sports books offshore that are thriving...
TWO that comes to mind right away are Pinnacle & Olympic...
THE SHRINK
Many bookmakers shade games in favor of the so
called right side. The right side underground
flourishes offshore, line-charters from different
books chatting on line to exchange information.
Makes for a little bit of diversity in numbers
for the shoppers.
called right side. The right side underground
flourishes offshore, line-charters from different
books chatting on line to exchange information.
Makes for a little bit of diversity in numbers
for the shoppers.
