Clarification of terminology

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Just to make things a little more clear for me;

A dime = $1,000

A sharp is just someone who wins consistently, but what is a 'wise guy'?

I heard someone say that a book was having financial trouble because it got hit by wiseguys on the weekend...

thanks
 

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wiseguys can be known as sharps. The terms are often used interchangably.

Sometimes "wiseguys" refer more to the guys that have inside information or are part of a syndicate

"Sharp" is usually used in reference to an individual capper.
 

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k, thanks

What's the difference between scalping and middling? I understand middling to be betting both Under 45 and Over 43.
 

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team A you lay -110 team B you take +115 and you hope B wins
 

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$1,000 is not always the definition of "a dime"

This term loosely means "to win $1,000"

kind-of-- depending upon the context

For example, if someone says "I put a dime on the Packers" -- then they laid $1,100 to win $1,000 -- because normally, a person betting on football lays $1.10 to win $1.00

Another example: if a baseball line is is -115, then "bet the Yankees for a dime" means that I bet $1,150 to win $1,000

but if the Detroit Tigers are +120 -- then when someone tells me to put a dime on the Tigers, the wager is $1,000 to win $1,200

My advice: Because this term can be misunderstood, use it only in casual conversation at the wager cooler. When you are placing your wager, always use the following approach "I am wagering X dollars to win Y dollars on number (Don Best international rotation number) name (team name)"

This is how it will sound:

"I am wagering $1,100 to win $1,000
on number 395 Green Bay Packers minus three"

Then, there can be no misunderstanding. Remember, these folks you are speaking to in Costa Rica or Jamaica or wherever speak English as a second language and slang is confusing to them. Make everything crystal clear so there cannot possibly be any misunderstanding.

Dweeb

[This message was edited by Dweeb on January 02, 2004 at 05:17 AM.]
 

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Ah, thanks
toast.gif
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by bryan305:
k, thanks

What's the difference between scalping and middling? I understand middling to be betting both Under 45 and Over 43.<HR></BLOCKQUOTE>

Middling is when you are taking two different numbers and are hoping for it to land in the middle...like your example above. If you take under 45 and over 43, you are hoping the game ends at 44 and you win both bets. If it ends on 45 or 43, you have a "side", meaning you win one and push the other, for a net gain of 1 bet. If anything else happens, you win one and lose the other, so you are essentially giving up the juice.

Scalping is done on moneylines and is a guaranteed win (you've probably seen scammers selling "arbitrage" systems...that's what this is). For instance, if you bet the Packers earlier in the week at -250, and now tomorrow you see Seattle +260, you have a scalp. You might bet:

Green Bay: 250 to win 100
Seattle: 100 to win 260.

Now if GB wins, you break even, and if Seattle wins, you win a net of 10. You can play with the numbers to make it show a profit either way, or to weight it to one side or the other.

Hope this helps.
 

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Is this a common betting technique or will books kick you for doing it?
 

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Usually you are not going to get both sides at the same book. Best way to find these is to look at really Sharp books (Like Pinnacle) for one side, and then find a better line at a softer book.

The problem is...the softer books are the ones most likely to call it a "bad line" and cancel it, refuse to pay you, or go running off with your money. The books with the best lines are usually the riskiest.
 

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would betting both sides in hockey be considered a scalp?

Example: Monday NHL Edmonton @ New Jersey

Edmonton ml +255
New Jersey -0.5 -190

So you put $190 on New Jersey -0.5 and $100 on Edmonton ml. You only lose on the tie...
 

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Not really a scalp since you lose on a tie. A true scalp you would have no chance of losing...
 

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Bryan dont ever play anything like that it's just a matter of time till it bites you
 

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yeah, you'll lose on some, but I actually played that one with 2.00 on new jersey and 1.00 on edmonton....worked last night
1036316054.gif
 

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