rito Posted August 22, 2017 Report Share Posted August 22, 2017 Broken down to that one single instance sure. No big deal, but somebody doing that with any volume and you're losing to the dick steam chaser.Sure I get it. The problem is the rec book doesn't want to bookmake they only want to take bets at the market price which they assume is +ev to them. If I never bet the +3 geeogrw will take action on that all day. Easier to just clone BM lines Quote Link to comment Share on other sites More sharing options...
Timely Hitting Posted August 22, 2017 Report Share Posted August 22, 2017 Rule #1 ......where is the action coming from....I know you don't get that cause it's all numbers to you...lolyes bookmaking is a numbers game. by accepting one winning players bets, with the intent of laying off his action, you are reducing your hold which - as noted - is a little over 4%. volume is key to making money, but it's volume vs market lines, not vs off market/slow moving lines or originators. if george, being a recreational bookmaker, can't beat someone then he absolutely 100% should not be maintaining that client while laying off his action. he is reducing his hold in the long wrong and increasing his risk and volatility to loses. the edge is significant enough for george to beat a base of 50% winners, but it's not big enough to take a shark skewing his outcomes. Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted August 22, 2017 Report Share Posted August 22, 2017 I clearly wouldn't expect you to understand basic math apparently. George is recreational and he doesn't have the sharpest numbers because he doesn't have the sharpest players. his lines, occasionally may move slow. he should not lay off his action and cost himself $$, he should simply boot the player and maintain the least risky client base. He absolutely, 100% should never ever lay off his action to keep a player he deems sharp.You kids....if you can make the George model work great....as I said I'm happy for him....but it's not really being a bookmaker....but if it is to guys like you then maybe he really is the smart one here Quote Link to comment Share on other sites More sharing options...
nothing but winners Posted August 22, 2017 Report Share Posted August 22, 2017 I clearly wouldn't expect you to understand basic math apparently. George is recreational and he doesn't have the sharpest numbers because he doesn't have the sharpest players. his lines, occasionally may move slow. he should not lay off his action and cost himself $$, he should simply boot the player and maintain the least risky client base. He absolutely, 100% should never ever lay off his action to keep a player he deems sharp. Poor old George is not as small time as most of you are making him out to be.......Guy has been in business 3 or so years now... Lives a pretty decent life it seems and is obviously winning money.. 3 years in business they usually say you have made it, not easy paying payroll, keep a site online and making enough to keep himself happy..So please stop the pity party for small time George, because if he is booting the majority of winners he definitely isnt as small as people say.... Quote Link to comment Share on other sites More sharing options...
The Meatman Posted August 22, 2017 Report Share Posted August 22, 2017 My friend Dalton who owns BOL use to lay off some of his action when he owned MVP Sportsbook.I told him that was silly.So he talked to me one(1) day thereafter and told me he was taking my advice and getting his teeth kicked in.I said to him to sit tight and keep taking the action because things will turn around.To this day Dalton would never lay off a play.And he can thank me for the advice.If he books it he is going to pay it.PS If any of you know or see Dalton tell him The MeatMan said hello.Dave "The MeatMan" Scandaliato Quote Link to comment Share on other sites More sharing options...
Sol Aristatel Posted August 22, 2017 Report Share Posted August 22, 2017 George is wise to sticking to what he knows and is comfortable with. I'd feel more comfortable playing as a rec player at a book like that over some idiot operation like Bet Islands who buried themselves and makes off with our money. Quote Link to comment Share on other sites More sharing options...
Timely Hitting Posted August 22, 2017 Report Share Posted August 22, 2017 You kids....if you can make the George model work great....as I said I'm happy for him....but it's not really being a bookmaker....but if it is to guys like you then maybe he really is the smart one herei understand your point, but as i stated it's the model he runs by because he is not a market setter he is a market follower. that's not a knock at george, but when you are following a market and not setting it, you leave yourself vulnerable to losing moreso than a setter. yes, ideal bookmaking is taking all action, adjusting numbers, and winning 50% of your bets at +110. Regardless of what kind of bookmaker you are though, you should never ever lay off action. period. Let's also add that George is costing himself some of his hold with the bonus' he offers. you can't further reduce your edge by taking on players beating you at higher stakes than your average player. Quote Link to comment Share on other sites More sharing options...
nothing but winners Posted August 22, 2017 Report Share Posted August 22, 2017 Timely George isnt taking 100,000 in action on any 1 NFL game at 500 a shot bets, of course he could lay off a few grand here and there....Noone is talking 90000 to 10000 here, especially for a small time guy you make George out to be....... Quote Link to comment Share on other sites More sharing options...
Timely Hitting Posted August 22, 2017 Report Share Posted August 22, 2017 Timely George isnt taking 100,000 in action on any 1 NFL game at 500 a shot bets, of course he could lay off a few grand here and there....Noone is talking 90000 to 10000 here, especially for a small time guy you make George out to be.......you should never lay off action. that is what would be considered scared bookmaking, imo. boot the player and move on, but don't lay off his action. if you are laying off a players action, you have no business booking his plays. you have gone from being the business man, to the gambler, in that situation. a good bookmaker isn't in this to gamble. you give away every ounce of edge you have when you lay off action. Quote Link to comment Share on other sites More sharing options...
HRWager Posted August 22, 2017 Author Report Share Posted August 22, 2017 Poor old George is not as small time as most of you are making him out to be.......Guy has been in business 3 or so years now... Lives a pretty decent life it seems and is obviously winning money.. 3 years in business they usually say you have made it, not easy paying payroll, keep a site online and making enough to keep himself happy..So please stop the pity party for small time George, because if he is booting the majority of winners he definitely isnt as small as people say....Im a dot in the sand when compared to the big boys sir. Ive been doing it for 5 years fyi. Im sorry if you are upset because I kick out guys who have a clue, not all winners are kicked out but Im no Jon Kreta, etc, etc who talks a big game and end up stiffing clients. I know what works for me and thats it. When Tony, BM, and all of the bookmakers of the world are working their ass off I go to the office once every 2 weeks and monitor everything from home. They are filthy rich but they dont enjoy life as much as I do and thats more important to me than making millions of dollars and having a bullseye on my back. Quote Link to comment Share on other sites More sharing options...
The Meatman Posted August 22, 2017 Report Share Posted August 22, 2017 You set limits and take the action. Only an idiot can't make money booking. Dave "The MeatMan" Scandaliato Quote Link to comment Share on other sites More sharing options...
Guest pocketrockets Posted August 22, 2017 Report Share Posted August 22, 2017 Im guessing (wild guess here) On a reg sunday NFL day Georgie books close to 30k-40k action total wild wild guess Quote Link to comment Share on other sites More sharing options...
The Meatman Posted August 22, 2017 Report Share Posted August 22, 2017 Im guessing (wild guess here) On a reg sunday NFL day Georgie books close to 30k-40k action total wild wild guessI use to do that back in 1997 working in the French Quarter. Dave "The MeatMan" Scandaliato Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted August 22, 2017 Report Share Posted August 22, 2017 Im guessing (wild guess here) On a reg sunday NFL day Georgie books close to 30k-40k action total drinking wild wild turkey I see that. Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted August 22, 2017 Report Share Posted August 22, 2017 George is wise to sticking to what he knows and is comfortable with. I'd feel more comfortable playing as a rec player at a book like that over some idiot operation like Bet Islands who buried themselves and makes off with our money.I would think anyone betting 2 or 3 would be good with George....course there are other options offshore as well...not many tho...just never could get into the offshore thing....too many better options for me....maybe just lucky old school?? Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted August 22, 2017 Report Share Posted August 22, 2017 I use to do that back in 1997 working in the French Quarter. Dave "The MeatMan" Scandaliato Turning tricks was very lucrative in those days, yes. Quote Link to comment Share on other sites More sharing options...
Guest pocketrockets Posted August 22, 2017 Report Share Posted August 22, 2017 I see that. lol.... so youd say less or more? i never ever was there for NFL so is a 100% guess Quote Link to comment Share on other sites More sharing options...
Teddy kgb Posted August 22, 2017 Report Share Posted August 22, 2017 Im guessing (wild guess here) On a reg sunday NFL day Georgie books close to 30k-40k action total wild wild guessTake a wild guess... How much did it take George to open up shop? How much does he net a month? How many hours does he 'work' a month? Yes, I'm thinking about opening up shop... Quote Link to comment Share on other sites More sharing options...
Timely Hitting Posted August 22, 2017 Report Share Posted August 22, 2017 Rule #1 ......where is the action coming from....I know you don't get that cause it's all numbers to you...lolrainbow? Quote Link to comment Share on other sites More sharing options...
HRWager Posted August 22, 2017 Author Report Share Posted August 22, 2017 lol.... so youd say less or more? i never ever was there for NFL so is a 100% guessThe numbers say its a lot more than that but what do I know. DGS is rigged according to Deemer Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted August 22, 2017 Report Share Posted August 22, 2017 Regardless of what kind of bookmaker you are though, you should never ever lay off action. period. You seem to know the restaurant business fairly well....I would stick to that if I were you Quote Link to comment Share on other sites More sharing options...
Sol Aristatel Posted August 22, 2017 Report Share Posted August 22, 2017 I would think anyone betting 2 or 3 would be good with George....course there are other options offshore as well...not many tho...just never could get into the offshore thing....too many better options for me....maybe just lucky old school?? I bet pennies online compared to all the big shots here. So this conversation isn't necessarily relevant to me. Interesting, but not really relevant to a small timer like myself. I prefer to save my money for Vegas, Laughlin, or the local Indian casinos. Quote Link to comment Share on other sites More sharing options...
WVU Posted August 22, 2017 Report Share Posted August 22, 2017 Well its not hypothetical anymore. I have evidence that links all the accounts so they are fucked. Thank you for your input.Interesting Quote Link to comment Share on other sites More sharing options...
Blue Posted August 22, 2017 Report Share Posted August 22, 2017 Regardless of what kind of bookmaker you are though, you should never ever lay off action. period. You seem to know the restaurant business fairly well....I would stick to that if I were youThere are exceptions. Quote Link to comment Share on other sites More sharing options...
Teddy kgb Posted August 22, 2017 Report Share Posted August 22, 2017 lol.... so youd say less or more? i never ever was there for NFL so is a 100% guessKinger goes xtra xtra off topic goofy in Any thread about offshore.....do you think he's being told to redirect the topic? I do.....watch for a thread later of him doing something strange or got him in trouble....pattern Quote Link to comment Share on other sites More sharing options...
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