What is more valuable to books: quantity from the public or quality from the sharps?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • No coincidences
    SBR Aristocracy
    • 01-18-10
    • 76300

    #1
    What is more valuable to books: quantity from the public or quality from the sharps?
    I was thinking about this reading the Orioles thread in the baseball forum. Is it a more profitable night for the books if they're getting a ton of "sharp"/big money action on a side that winds up losing? Or does public money cancel out and even override what books bring in from the sharps?

    I know it technically depends and ideally they'd like to draw more even action and collect the juice on a play, but I was just wondering if books have a take on which side generally brings in more money: a play that's got like 80% of the public pounding it, or a side the sharps swing and miss on.
  • TheCentaur
    SBR Hall of Famer
    • 06-28-11
    • 8108

    #2
    Have no idea, ask 5Dimes Tony
    Comment
    • The Kraken
      BARRELED IN @ SBR!
      • 12-25-11
      • 28917

      #3
      We'd rather have the public lose. We limit sharps so their losses will be self-limiting and this happens more than you might think.

      With the pubic we win because of the sheer volume of bets and we assume the event will be replicated more consistently than all the sharps getting on one side and losing.

      Think about the retail saying, "It's better to have one customer 100 times than 100 customers one time"

      GL nocoin
      Comment
      • TheCentaur
        SBR Hall of Famer
        • 06-28-11
        • 8108

        #4
        Originally posted by The Kraken
        We'd rather have the public lose. We limit sharps so their losses will be self-limiting and this happens more than you might think.

        With the pubic we win because of the sheer volume of bets and we assume the event will be replicated more consistently than all the sharps getting on one side and losing.

        Think about the retail saying, "It's better to have one customer 100 times than 100 customers one time"

        GL nocoin
        Who's we? Are you booking Kraken? What kind of credit line can I get?
        Comment
        • No coincidences
          SBR Aristocracy
          • 01-18-10
          • 76300

          #5
          Originally posted by The Kraken
          We'd rather have the public lose. We limit sharps so their losses will be self-limiting and this happens more than you might think.

          With the pubic we win because of the sheer volume of bets and we assume the event will be replicated more consistently than all the sharps getting on one side and losing.

          Think about the retail saying, "It's better to have one customer 100 times than 100 customers one time"

          GL nocoin
          That's kind of what I've always assumed -- especially the part about repeating past failures. Thanks Kraken.
          Comment
          • Ghenghis Kahn
            SBR Posting Legend
            • 01-02-12
            • 19735

            #6
            Originally posted by TheCentaur
            Who's we? Are you booking Kraken? What kind of credit line can I get?
            that's what i was thinking, who the fukk is we?
            Comment
            • mathdotcom
              SBR Posting Legend
              • 03-24-08
              • 11689

              #7
              Some books have 95% volume from sharps
              Some books have 0% volume from sharps
              Comment
              • No coincidences
                SBR Aristocracy
                • 01-18-10
                • 76300

                #8
                Originally posted by mathdotcom
                Some books have 95% volume from sharps
                Some books have 0% volume from sharps
                Which is always interesting to me as well.

                Take today's FF between Philly and Cincy for instance. The Phils opened at -113 and closed at +102 at Pinny. There was obviously sharp action backing the Reds. Whoops.
                Comment
                • High3rEl3m3nt
                  SBR Hall of Famer
                  • 09-28-10
                  • 8022

                  #9
                  Why is not money the most important thing? If the public is wagering 5 million on a side and sharps are wagering 2 million on the other side, wouldn't the books want to eliminate their risk? Seems like, in certain instances, that sharps could potentially bail out books from huge, one-sided public sides. What do I know I guess...
                  Comment
                  • TheMoneyShot
                    BARRELED IN @ SBR!
                    • 02-14-07
                    • 28672

                    #10
                    Quantity from Public.
                    Comment
                    • vyomguy
                      SBR Hall of Famer
                      • 12-08-09
                      • 5794

                      #11
                      The top books are afraid of sharp action...most top books try to limit you some way or the other. Many so called sbr A+ books have done lot of things to reduce my action.

                      1> Reduce the bet amounts on games
                      2> Put a 30 second delay
                      3> Change line while I am betting and offer bad line (this is after sumbit and before confirm).
                      4> Put a window on when you have to make a bet

                      All these shitty things were done by A+ rated SBR books...FYI. SBR is not for players...they are always on the books side with these bullshit ratings.

                      If you are in US..all books are shitty and have unfair lines. All the good books are outside of US....like Pinny and betfair.

                      To answer your question no coin....books care more about public money...coz they will find devious ways to limit sharps.
                      Comment
                      • t-wizzle
                        BARRELED IN @ SBR!
                        • 12-18-09
                        • 38099

                        #12
                        Even money on both sides.
                        Comment
                        • No coincidences
                          SBR Aristocracy
                          • 01-18-10
                          • 76300

                          #13
                          Originally posted by vyomguy
                          The top books are afraid of sharp action...most top books try to limit you some way or the other. Many so called sbr A+ books have done lot of things to reduce my action.

                          1> Reduce the bet amounts on games
                          2> Put a 30 second delay
                          3> Change line while I am betting and offer bad line (this is after sumbit and before confirm).
                          4> Put a window on when you have to make a bet

                          All these shitty things were done by A+ rated SBR books...FYI. SBR is not for players...they are always on the books side with these bullshit ratings.

                          If you are in US..all books are shitty and have unfair lines. All the good books are outside of US....like Pinny and betfair.

                          To answer your question no coin....books care more about public money...coz they will find devious ways to limit sharps.
                          Wow. Interesting.
                          Comment
                          • No coincidences
                            SBR Aristocracy
                            • 01-18-10
                            • 76300

                            #14
                            Originally posted by t-wizzle
                            Even money on both sides.
                            That goes without saying -- I was just wondering which a book would prefer between a big public loss and a big sharp money loss.
                            Comment
                            • High3rEl3m3nt
                              SBR Hall of Famer
                              • 09-28-10
                              • 8022

                              #15
                              Obviously books would rather lose to the public big than sharps big. They're going to get their money back with a public win.
                              Comment
                              • TheCentaur
                                SBR Hall of Famer
                                • 06-28-11
                                • 8108

                                #16
                                I really don't get this whole question. A win for the books is a win, doesn't matter where it came from. Now who they would rather have the most action from is another issue.
                                Comment
                                • thetrinity
                                  SBR Posting Legend
                                  • 01-25-11
                                  • 22430

                                  #17
                                  centaurs right, i also think this varies from game to game and sport to sport.
                                  Comment
                                  • t-wizzle
                                    BARRELED IN @ SBR!
                                    • 12-18-09
                                    • 38099

                                    #18
                                    Originally posted by No coincidences
                                    That goes without saying -- I was just wondering which a book would prefer between a big public loss and a big sharp money loss.
                                    Doesn't matter. Whichever pays them the most.
                                    Comment
                                    • pokernut9999
                                      SBR Posting Legend
                                      • 07-25-07
                                      • 12757

                                      #19
                                      Books always win , so what is the point of your question ?
                                      Comment
                                      • thetrinity
                                        SBR Posting Legend
                                        • 01-25-11
                                        • 22430

                                        #20
                                        coin dont u got some lines to monitor
                                        Comment
                                        • MeatWad
                                          SBR MVP
                                          • 01-18-12
                                          • 1572

                                          #21
                                          What kind of action are you looking for? Cantor takes high limit bets and won't ban you in Vegas. Sharps throw serious money down there every day of the week, and they will increase your limits if they don't respect your action, think Floyd Mayweather Jr. I have yet to find an on-line book that doesn't try shadey tactics to limit risk/exposure.
                                          Comment
                                          • lunchbawks
                                            SBR Posting Legend
                                            • 01-31-10
                                            • 12873

                                            #22
                                            its all profit for the books either way. parlays are the most profitable for books
                                            Comment
                                            • Capnitrite
                                              SBR Hustler
                                              • 08-19-12
                                              • 73

                                              #23
                                              I don't think they give a crap where the money comes from as long as they get it
                                              Comment
                                              • raydog
                                                SBR Hall of Famer
                                                • 11-07-07
                                                • 6984

                                                #24
                                                Originally posted by vyomguy
                                                The top books are afraid of sharp action...most top books try to limit you some way or the other. Many so called sbr A+ books have done lot of things to reduce my action.

                                                1> Reduce the bet amounts on games
                                                2> Put a 30 second delay
                                                3> Change line while I am betting and offer bad line (this is after sumbit and before confirm).
                                                4> Put a window on when you have to make a bet

                                                All these shitty things were done by A+ rated SBR books...FYI. SBR is not for players...they are always on the books side with these bullshit ratings.

                                                If you are in US..all books are shitty and have unfair lines. All the good books are outside of US....like Pinny and betfair.

                                                To answer your question no coin....books care more about public money...coz they will find devious ways to limit sharps.
                                                haha...sounds good, but not really...what you got right was who books need to lose and thats a no brainer...and there are always books that dont like winners, but there are plenty of places that will take whatever you can handle

                                                whens the last time you ever heard of someone getting limited betting nfl and other major markets at pinny or even bm? you havent...there are tons of books that wont limit guys betting the big market sports...
                                                Last edited by raydog; 09-12-12, 05:54 AM.
                                                Comment
                                                SBR Contests
                                                Collapse
                                                Top-Rated US Sportsbooks
                                                Collapse
                                                Working...