Comments on: NFL Week #5 http://www.thegamblingcoach.com/2009/10/10/nfl-week-5/ Everything You Need To Know To Become A Successful Gambler Fri, 30 Jul 2010 05:21:28 +0000 http://wordpress.org/?v=2.6.3 By: admin http://www.thegamblingcoach.com/2009/10/10/nfl-week-5/#comment-61 admin Sat, 24 Oct 2009 15:47:20 +0000 http://www.thegamblingcoach.com/?p=22#comment-61 The return could indeed be changed as you have described due to a betting action imbalance. It also could be done for other reasons. One of the most prevalent myths in sports betting is that there is often equal betting action on each side of a game. In fact, it is pretty rare that there is an equal amount of money bet on each side of a game. Any book that moves not only the line, but the payoff returns is being greedy. I must admit, though, that when I was making book I also did this. It was especially effective when dealing with customer's who I knew were fans of certain teams and would bet on those teams. If they are REALLY greedy, then they will move not only the payoff returns, but also the line as well. This is really giving the bookie a double whammy! I would definitely not recommend making a play under such conditions. Going from a 10/11 to a 5/6 return will seriously increase your break-even winning percentage. So, instead of needing to hit just over 52%, you would need to hit almost 55%!! This is tough to do. Especially when betting on spreads in football. The return could indeed be changed as you have described due to a betting action imbalance. It also could be done for other reasons. One of the most prevalent myths in sports betting is that there is often equal betting action on each side of a game. In fact, it is pretty rare that there is an equal amount of money bet on each side of a game.

Any book that moves not only the line, but the payoff returns is being greedy. I must admit, though, that when I was making book I also did this. It was especially effective when dealing with customer’s who I knew were fans of certain teams and would bet on those teams. If they are REALLY greedy, then they will move not only the payoff returns, but also the line as well. This is really giving the bookie a double whammy!

I would definitely not recommend making a play under such conditions. Going from a 10/11 to a 5/6 return will seriously increase your break-even winning percentage. So, instead of needing to hit just over 52%, you would need to hit almost 55%!! This is tough to do. Especially when betting on spreads in football.

]]> By: John http://www.thegamblingcoach.com/2009/10/10/nfl-week-5/#comment-60 John Thu, 22 Oct 2009 15:16:25 +0000 http://www.thegamblingcoach.com/?p=22#comment-60 This question does not relate to this post but I was not sure how to post a general question. I have noticed that for some games books will not offer the usual 10/11 return on a win. Many times I will see 5/6 return for one team and then 1/1 return for the other. Is this becaue the action is too imbalance for one team? Because I always thought that balance of action on each team would change the line. This question does not relate to this post but I was not sure how to post a general question. I have noticed that for some games books will not offer the usual 10/11 return on a win. Many times I will see 5/6 return for one team and then 1/1 return for the other. Is this becaue the action is too imbalance for one team? Because I always thought that balance of action on each team would change the line.

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