How to become an Oddsmaker?

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Also bookmaking and oddsmaking is very easy if you know math and the sports involved. Like the rest said "get a job as a clerk in a book and learn that way." There's really no other way to learn except doing it in person.

Don't start calling me names for no reason except I know Roxy was a fraud.
 

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Teazeman, you know what, all I do everyday is write so maybe you have something there. The hard part of writing is being original, something most writers have trouble doing.

These days I write mostly to try to help players get paid and also give advice which is tricky as we can tell by reading this thread. Throw in some trivia and I am worn out by this time of day from just writing. I am going to logout now to watch The Wire on HBO Latino (no Sopranos yet here in Costa Rica). The Wire has become my favorite show starts at 10:15 Costa Rica time (Rocky Mountain in the states).


While I got you I want to thank you for your support over the last two years, it is seriously appreciated..Looking forward to seeing you in Vegas in a few months..I hope you win that $1,000 three teamer we have posted today for the Bash.


wil..
 

MrJ

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There are very few good oddsmakers because it is a talent that can't be learned. You either have it or you don't.

If you have it you need to do it everyday for years and study everything including the way other bookmakers book.


Some may develop their skills easier than others but everyone has to learn. Much of the time hard work can make up for lack of natural talent. It's silly to say it's either you've got it or you don't.
 

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I'm seriously 3 seconds away from dropping everything and heading for Vegas...that's how serious I am. Thanks for all of the advice so far, I think it would be best for me to just start off taking bets, it would still be better than my crappy job right now. I can then be mentored or attempt to sponsor myself as being able to do more than just taking bets. Who knows, maybe I won't even need to drive out the 'The Bash' this year and just stop by after work! :thumbsup:
 

Triple digit silver kook
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u have little shot...gl

Actually bzn had some informative ncaa football threads last season.

Glad to see you around bzn.

Getting a job at a sportsbook in Las Vegas isnt too difficult.

RX Green Doberman would be among the best people here to begin looking into how to work in this area.
 

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Actually bzn had some informative ncaa football threads last season.

Glad to see you around bzn.

Getting a job at a sportsbook in Las Vegas isnt too difficult.

RX Green Doberman would be among the best people here to begin looking into how to work in this area.
thanks for the kind words...

I did find an article on an entry level Sportbook Ticket Writing job and it seems as if the demand is high, but the turnover rate is low.

http://www.reviewjournal.com/employment/vegasjobs/sportsbook.html

They hired some dumb broad who probably didnt know what a 'parlay' was...I'm sure they wouldnt even need to train me AT ALL as to what is going on there. The only time I've been to a sportsbook in Vegas was when I just turned 21 last year during NCAA basketball and I went 8-1 (3-0 on NBA totals) because the bad lines were so easy to spot there. I was not intimidated at all by the book and actually thought they could use some help!

I will be flying out to Vegas a week from today and going up to each sportsbook and telling them that I would LOVE to work there and that I would be willing to relocate if I were to get a position there...

Thanks again guys for you info and support! :aktion033
 

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Yikes! i didn't mean "dumb broad" (I'm not a chauvinistic pig!)...what I meant to say was that she did not have a clue about sports betting, yet is now the manager of the book she works at...but it seems like at all of my jobs they promote the one that doesnt have a clue. to manager. She has inspired me, but I will at least know most of the in's and out's before I even get hired...
 

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bznofx, i have mccune's book and while i thought it was very good while reading it, i've realized a lot of the methods are outdated and won't work over the long term.. for baseball i would recommend michael murray's book as it is probably the best book for baseball. there is a good thread over at 2+2 forum called "tomg's pro baseball...thread" and he's been using the methods described in murray's book and is doing well. I also have been using this method described in the book (only a little different) and the results have been very good so far.
For football I would recommend dan gordon's book, beat the sports book as it has some very good handicapping advice.. JR Millers book sucks, it's basically useless. "Sharp Sports Betting" by Stanford Wong is good, not a whole lot of "handicapping or Oddsmaking" information other than how to beat props and some futures markets. I just got Don P's book "win more lose less" and its good for football, not in a handicapping sense but it will help you decide when to buy off of a certain number and how much a half point is worth etc..
i remember you were really adept at setting NBA totals so maybe someday your numbers will be widely used. good luck to you
 

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you can learn just as much by watching someone do something wrong as you can learn watching someone do something right... if you can figure out who is who than you're on the right path.
 

UBM

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HI bznofx19,
To become an oddsmaker, i would suggest to start with one sport.Right now it is a bad time of the year to start.Get started in September for the NFL.You need to have power ratings for each.Make your lines before you see any other lines.Then monitor your lines against other lines.The closing line is very important.You need to see if the closing numbers went towards your numbers.You will not always be right.No one is always right.After a couple of weeks you will be able to tell if you have talent.Do not try it for the exhibition season.Good luck.
FERNANDO SKYBOOK LINESMAN
 

Rx. Senior
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Lets get the simple stuff out of the way first. To create Odds on any Event is relatively easy, your not talking anything more than basic Maths and if 10 people price up a Game there shouldnt be more than 1/2 pt difference in the initial line, where the difference comes is how the individual Bookmaker perceives this line.
While People say things have changed from Years ago, I still think things find their own level the same Today. There are many categories of Bookmakers and where one is at the Trough decides ones policy. If like a lot of Books years ago you know your sport inside out you will have leans and basically be Gambling but with the Vig in your favour. If your a book with a large clientel you can afford to lay absolutely diabolical Vig and get away with it, possibily not as much today. You can be at the cutting edge like pinnacle, wheeling and dealing or like a lot of Books lay down standard -110,-115 Vig and take what comes. Some people call these slow Books but you have to lay a bet at some stage, better -110 than -105 all the time.

What has changed is everything has got more technical in the Industry where workers dont have the chances like years ago to make an impression on their Bosses. I started Bookmaking at School at 13, joined the Industry at 18 and was a district Manager at 21. That is an impossible position to attain nowadays no matter how good you are, and there doesnt seem to be the Money there either.
 

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I think some of you are confusing my question of "How to become an oddsmaker?" with "How to act like an oddsmaker?"...I should have asked "How to get an oddsmaker gig?"

the truth is, I already the logic behind making lines and power rankings...you can check out the most recent 'Guess the Lines' challenge (in the link below) I held in which I got 4 out of the 5 games within one cent on the ML...in other words, I have a pretty good idea about the general laws of oddsmaking already and I'm willing to learn even more!

http://www.therxforum.com/showthread.php?t=487730
 

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Sorry but no one needs oddsmakers anymore. Thta's the cold hard truth. If you can make great lines then use them for yourself. That is not a joke or making fun of you in any way, but if you find yourself making great odds then WHY would you want to GIVE them to someone for very little money?

The sharpest people in this business bet!
 

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