Its a bit slow here so I'll ask a question. Your a Book and your linesman has given you a Baseball Total of 8.5 but you have a lean for the over.
Do you stay at 8.5 -105 or move to 9 and give plus Money your lean knowing landing on 9 is at least a 10/1 shot. :drink:
Glad to see some posts. the reason for the thread is because the vast majority of posters on here view things from a punters point of view where to be successful at sports betting you have to appreciate things from a Books view.
What the majority dont understand and what happens on a regular basis is, as a Book you wont take any Money at the ridiculous odds offered. Thats why some Books are nothing short of gambling at good odds (vig) suddenly, offering the extra 1/2 run can be problematic.
The answer by the way is you stay at 8.5 -105 knowing any idiots betting the under who have read all the shit on the internet will buy the 1/2 for more than its worth, once you have soaked up all that extra vig on the under you then move the total to 8 and get the over bettors at silly vig thus giving you a nice return regardless of the chances of a push.
Of course this only works in soft markets but not where there is heavy money on one side. In that instance the Books quickly reavaluate the Game, disregard their now old bets and start again. This brings up another point, Books look on a moving price as just another market, they may have laid something but thats the same as a bet yesterday, now its a new market fornew bets.:drink:
Glad to see some posts. the reason for the thread is because the vast majority of posters on here view things from a punters point of view where to be successful at sports betting you have to appreciate things from a Books view.
What the majority dont understand and what happens on a regular basis is, as a Book you wont take any Money at the ridiculous odds offered. Thats why some Books are nothing short of gambling at good odds (vig) suddenly, offering the extra 1/2 run can be problematic.
The answer by the way is you stay at 8.5 -105 knowing any idiots betting the under who have read all the shit on the internet will buy the 1/2 for more than its worth, once you have soaked up all that extra vig on the under you then move the total to 8 and get the over bettors at silly vig thus giving you a nice return regardless of the chances of a push.
Of course this only works in soft markets but not where there is heavy money on one side. In that instance the Books quickly reavaluate the Game, disregard their now old bets and start again. This brings up another point, Books look on a moving price as just another market, they may have laid something but thats the same as a bet yesterday, now its a new market fornew bets.:drink:
Glad to see some posts. the reason for the thread is because the vast majority of posters on here view things from a punters point of view where to be successful at sports betting you have to appreciate things from a Books view.
What the majority dont understand and what happens on a regular basis is, as a Book you wont take any Money at the ridiculous odds offered. Thats why some Books are nothing short of gambling at good odds (vig) suddenly, offering the extra 1/2 run can be problematic.
The answer by the way is you stay at 8.5 -105 knowing any idiots betting the under who have read all the shit on the internet will buy the 1/2 for more than its worth, once you have soaked up all that extra vig on the under you then move the total to 8 and get the over bettors at silly vig thus giving you a nice return regardless of the chances of a push.
Of course this only works in soft markets but not where there is heavy money on one side. In that instance the Books quickly reavaluate the Game, disregard their now old bets and start again. This brings up another point, Books look on a moving price as just another market, they may have laid something but thats the same as a bet yesterday, now its a new market fornew bets.:drink: