I mean legitimate mathematical +ev opportunities that you have exploited and profited from, not trends you think must be profitable like betting on an away pitcher on a cloudy day against a division opponent after a loss or stuff like that
I'll give an example:
They don't do this anymore but there is a gambling boat near where I live that used to give you $200 in $25 match plays for a buy in of 1000 or more AND the first BJ hand of the night you got a free ace up to a $50 bet. I would play the first BJ hand and then low edge craps the rest of the cruise where I used the match plays. Plus you got a free buffet! You were overall getting paid more than $125 to go out there and gamble!
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To remove first post, remove entire topic.
I mean legitimate mathematical +ev opportunities that you have exploited and profited from, not trends you think must be profitable like betting on an away pitcher on a cloudy day against a division opponent after a loss or stuff like that
I'll give an example:
They don't do this anymore but there is a gambling boat near where I live that used to give you $200 in $25 match plays for a buy in of 1000 or more AND the first BJ hand of the night you got a free ace up to a $50 bet. I would play the first BJ hand and then low edge craps the rest of the cruise where I used the match plays. Plus you got a free buffet! You were overall getting paid more than $125 to go out there and gamble!
I don't cut coupons for good reason - the "incentives" you are talking about are the same thing. All of the incentives are designed to make you do things you would not normally do - and it usually ends badly
I can tell you that 80% or more of the players here on covers like to take the incentives associated with a new offshore account or the reup money. Then when they might win, they find out getting paid is almost impossible with these crappy sportsbooks.
No thank you, I will wager my own money with 5dimes and get paid promptly when I win. Incentives are a fools game IMO
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I don't cut coupons for good reason - the "incentives" you are talking about are the same thing. All of the incentives are designed to make you do things you would not normally do - and it usually ends badly
I can tell you that 80% or more of the players here on covers like to take the incentives associated with a new offshore account or the reup money. Then when they might win, they find out getting paid is almost impossible with these crappy sportsbooks.
No thank you, I will wager my own money with 5dimes and get paid promptly when I win. Incentives are a fools game IMO
I don't cut coupons for good reason - the "incentives" you are talking about are the same thing. All of the incentives are designed to make you do things you would not normally do - and it usually ends badly
I can tell you that 80% or more of the players here on covers like to take the incentives associated with a new offshore account or the reup money. Then when they might win, they find out getting paid is almost impossible with these crappy sportsbooks.
No thank you, I will wager my own money with 5dimes and get paid promptly when I win. Incentives are a fools game IMO
You are right about incentives, they aren't +ev for gamblers with no self control. I have played at many offshore books and never not been paid though, although I know it has happened (BetIslands).
I'm talking more about something like strategy against a new casino game or specific strategy in certain poker tournaments or something like that.
For example probably a dozen times or more I would take the 100% deposit
bonus for 1000 at wagerweb, play the bonus money on single zero
roulette betting 1 number a dollar at a time, then when I played that
through bet huge dogs with it and hedged it at my matchbook or pinnacle
account (complicated story how I got them). If and when those big dogs
hit I would play through the rollover with BJ which was a huge pain but
made good money with the strategy even with the juice lost.
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Quote Originally Posted by SportsFan9698:
I don't cut coupons for good reason - the "incentives" you are talking about are the same thing. All of the incentives are designed to make you do things you would not normally do - and it usually ends badly
I can tell you that 80% or more of the players here on covers like to take the incentives associated with a new offshore account or the reup money. Then when they might win, they find out getting paid is almost impossible with these crappy sportsbooks.
No thank you, I will wager my own money with 5dimes and get paid promptly when I win. Incentives are a fools game IMO
You are right about incentives, they aren't +ev for gamblers with no self control. I have played at many offshore books and never not been paid though, although I know it has happened (BetIslands).
I'm talking more about something like strategy against a new casino game or specific strategy in certain poker tournaments or something like that.
For example probably a dozen times or more I would take the 100% deposit
bonus for 1000 at wagerweb, play the bonus money on single zero
roulette betting 1 number a dollar at a time, then when I played that
through bet huge dogs with it and hedged it at my matchbook or pinnacle
account (complicated story how I got them). If and when those big dogs
hit I would play through the rollover with BJ which was a huge pain but
made good money with the strategy even with the juice lost.
I've never had a problem taking a bonus. Then again, I'm not a square posting up at the newest books with the crazy promotions. I also played throughout the early 2000s which I consider the heyday of bonuses. Or raking up points at SBR forums and then buying sportsbook CASH and killing the books with free money.
I don't know how it is now because I've found my books. Pinnacle and then cycle accounts through SIA.
P.S. If you haven't been banned from SIA, you're not doing it right.
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I've never had a problem taking a bonus. Then again, I'm not a square posting up at the newest books with the crazy promotions. I also played throughout the early 2000s which I consider the heyday of bonuses. Or raking up points at SBR forums and then buying sportsbook CASH and killing the books with free money.
I don't know how it is now because I've found my books. Pinnacle and then cycle accounts through SIA.
P.S. If you haven't been banned from SIA, you're not doing it right.
I used to give people chips at craps tables who took down their don't come bets. Say they bet $25 don't bet and the number is 5,6,8,9 I'd give them $26 and 4,10 I'd give them $27 for their bet. They were happy thinking they got free money and I obviously made money, but the suits had to stick their noses in and spoil it.
I remember watching one old curmudgeon playing the don't at Caesar's betting chocolate and blue chips (5k,25k). At one point he had don't betson 4 numbers, got a bad feeling and took them all down. Of course the dealer couldn't comply fast enough.
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I used to give people chips at craps tables who took down their don't come bets. Say they bet $25 don't bet and the number is 5,6,8,9 I'd give them $26 and 4,10 I'd give them $27 for their bet. They were happy thinking they got free money and I obviously made money, but the suits had to stick their noses in and spoil it.
I remember watching one old curmudgeon playing the don't at Caesar's betting chocolate and blue chips (5k,25k). At one point he had don't betson 4 numbers, got a bad feeling and took them all down. Of course the dealer couldn't comply fast enough.
Playing your position and stealing Blinds from weak players at the Poker table.
When everybody folds around to you. Small and Big blinds are on your left. Raise like 4X the Big blind and watch them both fold. If they call to see the flop you shove in huge and re-raise if needed.
Identifying weak players is a huge edge.
~~~~~ZOSO~~~~~
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Playing your position and stealing Blinds from weak players at the Poker table.
When everybody folds around to you. Small and Big blinds are on your left. Raise like 4X the Big blind and watch them both fold. If they call to see the flop you shove in huge and re-raise if needed.
I used to give people chips at craps tables who took down their don't come bets. Say they bet $25 don't bet and the number is 5,6,8,9 I'd give them $26 and 4,10 I'd give them $27 for their bet. They were happy thinking they got free money and I obviously made money, but the suits had to stick their noses in and spoil it.
I remember watching one old curmudgeon playing the don't at Caesar's betting chocolate and blue chips (5k,25k). At one point he had don't betson 4 numbers, got a bad feeling and took them all down. Of course the dealer couldn't comply fast enough.
I don't get this.. am I just being dense?
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Quote Originally Posted by thecentaur:
I used to give people chips at craps tables who took down their don't come bets. Say they bet $25 don't bet and the number is 5,6,8,9 I'd give them $26 and 4,10 I'd give them $27 for their bet. They were happy thinking they got free money and I obviously made money, but the suits had to stick their noses in and spoil it.
I remember watching one old curmudgeon playing the don't at Caesar's betting chocolate and blue chips (5k,25k). At one point he had don't betson 4 numbers, got a bad feeling and took them all down. Of course the dealer couldn't comply fast enough.
Playing your position and stealing Blinds from weak players at the Poker table.
When everybody folds around to you. Small and Big blinds are on your left. Raise like 4X the Big blind and watch them both fold. If they call to see the flop you shove in huge and re-raise if needed.
Identifying weak players is a huge edge.
Works in tournaments as big stack.
Is meaningless in cash games where the real money is made.
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Quote Originally Posted by TheGoldenGoose:
Playing your position and stealing Blinds from weak players at the Poker table.
When everybody folds around to you. Small and Big blinds are on your left. Raise like 4X the Big blind and watch them both fold. If they call to see the flop you shove in huge and re-raise if needed.
Identifying weak players is a huge edge.
Works in tournaments as big stack.
Is meaningless in cash games where the real money is made.
A real edge is when you know a team better than the stats show and can take advantage of over-reaction from the book to increase your confidence.
In the NFL I've felt like this about the Cardinals for several years, and this year especially. They were playing bad teams in a bad schedule and winning as they should..it was very clear to me that they had not played strong teams and would struggle in the post season, and that is exactly what happened.
When you can clearly evaluate a team because you know them and know when the situation is right and the book is wrong, you can greatly increase your chance for success.
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A real edge is when you know a team better than the stats show and can take advantage of over-reaction from the book to increase your confidence.
In the NFL I've felt like this about the Cardinals for several years, and this year especially. They were playing bad teams in a bad schedule and winning as they should..it was very clear to me that they had not played strong teams and would struggle in the post season, and that is exactly what happened.
When you can clearly evaluate a team because you know them and know when the situation is right and the book is wrong, you can greatly increase your chance for success.
In the long run a $25 chip on the Don't pass/don't come 6 or 8 (once it's established) is worth more than $26, and 5 or 9 is worth a good bit more than $26. If I remember correctly I think I gave them $28 for a 4 and 10
For example:
If you bet $25 on the don't and a 4 comes up, then if a 7 comes up before the next 4 you get $50 back. Out of 300 of these events, you will win $25 200 times and lose $25 100 times (7 is twice as likely as a 4).
So $5000-$2500=$2500/300 events = $8.33 profit per event. I was giving them an extra $3 so my profit was $5.33 each time I did this.
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Quote Originally Posted by iceman67:
I don't get this.. am I just being dense?
In the long run a $25 chip on the Don't pass/don't come 6 or 8 (once it's established) is worth more than $26, and 5 or 9 is worth a good bit more than $26. If I remember correctly I think I gave them $28 for a 4 and 10
For example:
If you bet $25 on the don't and a 4 comes up, then if a 7 comes up before the next 4 you get $50 back. Out of 300 of these events, you will win $25 200 times and lose $25 100 times (7 is twice as likely as a 4).
So $5000-$2500=$2500/300 events = $8.33 profit per event. I was giving them an extra $3 so my profit was $5.33 each time I did this.
In the long run a $25 chip on the Don't pass/don't come 6 or 8 (once it's established) is worth more than $26, and 5 or 9 is worth a good bit more than $26. If I remember correctly I think I gave them $28 for a 4 and 10
For example:
If you bet $25 on the don't and a 4 comes up, then if a 7 comes up before the next 4 you get $50 back. Out of 300 of these events, you will win $25 200 times and lose $25 100 times (7 is twice as likely as a 4).
So $5000-$2500=$2500/300 events = $8.33 profit per event. I was giving them an extra $3 so my profit was $5.33 each time I did this.
Yea,, my fault thecentaur,,, I didn't make myself clear on my post. I fully understand the odds and the long term gains you would have by underpaying for someones made odds.,,, What I found hard to believe was the fact that you could find more than one person who would be happy (fooled) by this. Especially those playing don't bets,, they tend to be a little more up on the game. What were/are the mechanics for this buy out? Do you just yell out. "Hey I'll give you this much$ for that number." and then throw him chips? or is it just with someone playing next to you? Who does the dealer pay? I'm sure its the original better, if so how do you collect? On the down low or above the table? Thanks for the tread
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Quote Originally Posted by thecentaur:
In the long run a $25 chip on the Don't pass/don't come 6 or 8 (once it's established) is worth more than $26, and 5 or 9 is worth a good bit more than $26. If I remember correctly I think I gave them $28 for a 4 and 10
For example:
If you bet $25 on the don't and a 4 comes up, then if a 7 comes up before the next 4 you get $50 back. Out of 300 of these events, you will win $25 200 times and lose $25 100 times (7 is twice as likely as a 4).
So $5000-$2500=$2500/300 events = $8.33 profit per event. I was giving them an extra $3 so my profit was $5.33 each time I did this.
Yea,, my fault thecentaur,,, I didn't make myself clear on my post. I fully understand the odds and the long term gains you would have by underpaying for someones made odds.,,, What I found hard to believe was the fact that you could find more than one person who would be happy (fooled) by this. Especially those playing don't bets,, they tend to be a little more up on the game. What were/are the mechanics for this buy out? Do you just yell out. "Hey I'll give you this much$ for that number." and then throw him chips? or is it just with someone playing next to you? Who does the dealer pay? I'm sure its the original better, if so how do you collect? On the down low or above the table? Thanks for the tread
Yea,, my fault thecentaur,,, I didn't make myself clear on my post. I fully understand the odds and the long term gains you would have by underpaying for someones made odds.,,, What I found hard to believe was the fact that you could find more than one person who would be happy (fooled) by this. Especially those playing don't bets,, they tend to be a little more up on the game. What were/are the mechanics for this buy out? Do you just yell out. "Hey I'll give you this much$ for that number." and then throw him chips? or is it just with someone playing next to you? Who does the dealer pay? I'm sure its the original better, if so how do you collect? On the down low or above the table? Thanks for the tread
I only offer it to people who are taking the bets down anyway. Just an agreement between us, but they would have a set of balls to try and go back on it. The dealer pushes the chips towards him and I pick them up. I have also had dealers move the bet around to my position when I paid the player off, and I threw the dealer a dollar every other time it hit. Haven't done all this in awhile
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Quote Originally Posted by iceman67:
Yea,, my fault thecentaur,,, I didn't make myself clear on my post. I fully understand the odds and the long term gains you would have by underpaying for someones made odds.,,, What I found hard to believe was the fact that you could find more than one person who would be happy (fooled) by this. Especially those playing don't bets,, they tend to be a little more up on the game. What were/are the mechanics for this buy out? Do you just yell out. "Hey I'll give you this much$ for that number." and then throw him chips? or is it just with someone playing next to you? Who does the dealer pay? I'm sure its the original better, if so how do you collect? On the down low or above the table? Thanks for the tread
I only offer it to people who are taking the bets down anyway. Just an agreement between us, but they would have a set of balls to try and go back on it. The dealer pushes the chips towards him and I pick them up. I have also had dealers move the bet around to my position when I paid the player off, and I threw the dealer a dollar every other time it hit. Haven't done all this in awhile
i use situational handicapping in most sports but it's highest win % occurs in NFL every year situations pop up week to week without handicapping the game i just dive in fading the losing team.
Happens in MLB but it's not as many games you find .weird huh they play 162 games each but thier aint much situtaional spots.
NBA lots of them . BUT you have to focus on one sport at time don't start doing NBA until NFL is over
agree with this .
you have to let the games come to you.
a lot of people tend to over-react week to week when it comes to the NFL, I usually try to put myself in their heads and fade
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Quote Originally Posted by Mrfixers:
i use situational handicapping in most sports but it's highest win % occurs in NFL every year situations pop up week to week without handicapping the game i just dive in fading the losing team.
Happens in MLB but it's not as many games you find .weird huh they play 162 games each but thier aint much situtaional spots.
NBA lots of them . BUT you have to focus on one sport at time don't start doing NBA until NFL is over
agree with this .
you have to let the games come to you.
a lot of people tend to over-react week to week when it comes to the NFL, I usually try to put myself in their heads and fade
Back in the day - between 1998 and 2005 - there were edges EVERYWHERE. It wasn't low hanging fruit that needed to be picked, the fruit was on the ground everywhere.
This was when Neteller was king and you could move 10k from book to book in a minute or less. Monitor the screens at over 30 books for arbitrage and hit it quickly.
These days it is more uncommon. But there is one interesting one - told to me by a buddy of mine who has much more patience than me.... In South Florida they dont allow craps (yet), but they do allow these bubble machines that look like that old board game Trouble. It is basically craps where the machine rolls two giant dice in a bubble.
He figured out that you could bet pass and dont pass at the same time, and earn comps on both - but the key was that the comps were WAY out of whack. This was when they first introduced these machines. No casino gives you comps on odds wagers at craps (because it is even money) but this place did.
The comps way outweighed the risk of losing on a 12 on the come out roll. So he did this for like a month, lost like 1k on the bubble, but got like 8k in comps.
Outside of gambling I have done these edges in airline / CC points. Google "manufactured spending". If you have good credit, you can rack up millions of miles in points for tens of thousands of dollars in travel. And patience. I got about a million points (miles) last year for really doing not much extra.
Support your local animal shelter. I am on twitter.
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I love this topic...
Back in the day - between 1998 and 2005 - there were edges EVERYWHERE. It wasn't low hanging fruit that needed to be picked, the fruit was on the ground everywhere.
This was when Neteller was king and you could move 10k from book to book in a minute or less. Monitor the screens at over 30 books for arbitrage and hit it quickly.
These days it is more uncommon. But there is one interesting one - told to me by a buddy of mine who has much more patience than me.... In South Florida they dont allow craps (yet), but they do allow these bubble machines that look like that old board game Trouble. It is basically craps where the machine rolls two giant dice in a bubble.
He figured out that you could bet pass and dont pass at the same time, and earn comps on both - but the key was that the comps were WAY out of whack. This was when they first introduced these machines. No casino gives you comps on odds wagers at craps (because it is even money) but this place did.
The comps way outweighed the risk of losing on a 12 on the come out roll. So he did this for like a month, lost like 1k on the bubble, but got like 8k in comps.
Outside of gambling I have done these edges in airline / CC points. Google "manufactured spending". If you have good credit, you can rack up millions of miles in points for tens of thousands of dollars in travel. And patience. I got about a million points (miles) last year for really doing not much extra.
Best edge i ever had gambling was when i was middling baseball games in the 90's Me and a friend had an arrangement with 2 different bookies where we agreed to bet every game on the board everyday if we could move the line 5 cents in either direction. An example is like this bookie #1 has yanks -130 vs oak bookie #2 has yanks -135 vs oak
we would bet yanks -125 with bookie # 1 and with bookie # 2 we would bet oakland getting +130 [move yanks line up to 140 and take oakland +130}
so now we would bet 400 bucks on each side. all we needed was the dog which was oakland to win the game and we would win 5.00 for every 100 bet. so on this bet we would win 20 bucks. If yanks win, we just break out even.
all we needed every night was for some dogs to win and we would make money for doing nothing but calling in some bets. we were spiltting up 600-800 bucks every week. Sometimes even more if the 2 books lines were way off of each other.
The only risk for us, was some weeks 1 bookie would us a ton, so there was always that risk of not getting paid, but since we were playing with 2 big outfits that risk was pretty much not there. Did that for like 3 baseball seasons and then one of bookies died. Could never find another one that would let us move the line 5 cents in either direction. So that was the end of the free ride for us.
Am sure guys who scalp baseball games everyday using a bunch of different books. It was just so much easier being able for us to just move the line 5 cents how we wanted it.
free money for 7 months a year
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Best edge i ever had gambling was when i was middling baseball games in the 90's Me and a friend had an arrangement with 2 different bookies where we agreed to bet every game on the board everyday if we could move the line 5 cents in either direction. An example is like this bookie #1 has yanks -130 vs oak bookie #2 has yanks -135 vs oak
we would bet yanks -125 with bookie # 1 and with bookie # 2 we would bet oakland getting +130 [move yanks line up to 140 and take oakland +130}
so now we would bet 400 bucks on each side. all we needed was the dog which was oakland to win the game and we would win 5.00 for every 100 bet. so on this bet we would win 20 bucks. If yanks win, we just break out even.
all we needed every night was for some dogs to win and we would make money for doing nothing but calling in some bets. we were spiltting up 600-800 bucks every week. Sometimes even more if the 2 books lines were way off of each other.
The only risk for us, was some weeks 1 bookie would us a ton, so there was always that risk of not getting paid, but since we were playing with 2 big outfits that risk was pretty much not there. Did that for like 3 baseball seasons and then one of bookies died. Could never find another one that would let us move the line 5 cents in either direction. So that was the end of the free ride for us.
Am sure guys who scalp baseball games everyday using a bunch of different books. It was just so much easier being able for us to just move the line 5 cents how we wanted it.
Vansack would you mind elaborating on manufactured spending? I did a quick google and saw it involves purchasing and liquidating gift cards with your credit card, but they said you couldn't really make much more than $20/hr doing it hard. Or is the return greater if it's travel rewards and not cash? Thanks
Another edge I had for awhile (The bad thing is edges usually dry up pretty quickly):
I had a pinnacle and matchbook acct. awhile back along with a local who used a website service out of the UK. Their soccer lines were 10 to 20 cents usually and for whatever reason could get pretty stale.
Sometimes I could catch their stale line for 30 seconds or a minute after a big move, and sometimes the stale line would be up for hours. Now I haven't played soccer since I was about 12, and I have really only been interested in watching the world cup, but I started betting and arbing heavy on soccer.
I would bet totals and spreads for the max (1k) on any league and any team that I saw an arb appear. It was fun because with soccer there are some big moves and heavy steam, so I would lock in the stale line once it crossed a threshold compared to the sharp books, and then monitor the sharp lines which many times continued to steam. I could bet some Dutch team at -.5 goals for 1k at +135 and then after steam bet the other side +.5 goals at +130 and on up. Even got the occasional dollar or more steam. Of course it wasn't always that juicy, most of the time it was 10-20 cent arbs. It was kind of a pain in the behind calculating juice on the exchanges along with currency conversions and I made some mistakes, but Saturdays and Sundays I was pulling in 1 to 1.5k.
After awhile I realized I was mostly winning with the stale lines and depleting my funds at the sharp books, so I decided to forget the arbing which I was still paying juice and commission on and just bet the stale lines straight up.
Well after winning about 20k my local got fidgety. No one bet soccer so I stuck out like a sore thumb. He didn't realize I knew jack about soccer so he wanted to follow my bets and lay them off at another book. I did this for about a week and was still winning, but now the big money above him wanted a piece, so the heat was on.
I'm thinking, 'just let me keep this streak going or at least break even for awhile so they are happy and I can keep doing this'. Oh but hell no. First day the whale followed I went 2 for 12 on some Weekday full of Argentine and some other kind of South American Tournament soccer. Now they don't want to follow my picks but they don't want me betting them either. Was fun while it lasted
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Great stories guys!
Vansack would you mind elaborating on manufactured spending? I did a quick google and saw it involves purchasing and liquidating gift cards with your credit card, but they said you couldn't really make much more than $20/hr doing it hard. Or is the return greater if it's travel rewards and not cash? Thanks
Another edge I had for awhile (The bad thing is edges usually dry up pretty quickly):
I had a pinnacle and matchbook acct. awhile back along with a local who used a website service out of the UK. Their soccer lines were 10 to 20 cents usually and for whatever reason could get pretty stale.
Sometimes I could catch their stale line for 30 seconds or a minute after a big move, and sometimes the stale line would be up for hours. Now I haven't played soccer since I was about 12, and I have really only been interested in watching the world cup, but I started betting and arbing heavy on soccer.
I would bet totals and spreads for the max (1k) on any league and any team that I saw an arb appear. It was fun because with soccer there are some big moves and heavy steam, so I would lock in the stale line once it crossed a threshold compared to the sharp books, and then monitor the sharp lines which many times continued to steam. I could bet some Dutch team at -.5 goals for 1k at +135 and then after steam bet the other side +.5 goals at +130 and on up. Even got the occasional dollar or more steam. Of course it wasn't always that juicy, most of the time it was 10-20 cent arbs. It was kind of a pain in the behind calculating juice on the exchanges along with currency conversions and I made some mistakes, but Saturdays and Sundays I was pulling in 1 to 1.5k.
After awhile I realized I was mostly winning with the stale lines and depleting my funds at the sharp books, so I decided to forget the arbing which I was still paying juice and commission on and just bet the stale lines straight up.
Well after winning about 20k my local got fidgety. No one bet soccer so I stuck out like a sore thumb. He didn't realize I knew jack about soccer so he wanted to follow my bets and lay them off at another book. I did this for about a week and was still winning, but now the big money above him wanted a piece, so the heat was on.
I'm thinking, 'just let me keep this streak going or at least break even for awhile so they are happy and I can keep doing this'. Oh but hell no. First day the whale followed I went 2 for 12 on some Weekday full of Argentine and some other kind of South American Tournament soccer. Now they don't want to follow my picks but they don't want me betting them either. Was fun while it lasted
Back in the day - between 1998 and 2005 - there were edges EVERYWHERE. It wasn't low hanging fruit that needed to be picked, the fruit was on the ground everywhere.
This was when Neteller was king and you could move 10k from book to book in a minute or less. Monitor the screens at over 30 books for arbitrage and hit it quickly.
These days it is more uncommon. But there is one interesting one - told to me by a buddy of mine who has much more patience than me.... In South Florida they dont allow craps (yet), but they do allow these bubble machines that look like that old board game Trouble. It is basically craps where the machine rolls two giant dice in a bubble.
He figured out that you could bet pass and dont pass at the same time, and earn comps on both - but the key was that the comps were WAY out of whack. This was when they first introduced these machines. No casino gives you comps on odds wagers at craps (because it is even money) but this place did.
The comps way outweighed the risk of losing on a 12 on the come out roll. So he did this for like a month, lost like 1k on the bubble, but got like 8k in comps.
Outside of gambling I have done these edges in airline / CC points. Google "manufactured spending". If you have good credit, you can rack up millions of miles in points for tens of thousands of dollars in travel. And patience. I got about a million points (miles) last year for really doing not much extra.
I used this for baseball money lines back in the day, but the sports books quickly caught on, and started mimicking each other's lines.
You can still use this method today IF you can find a bookie you trust to pay, that regularly inflates totals or favorites.
However, once he realizes you are CONSISTENTLY beating him with dogs and unders, he will give you the REAL lines, and kill your arbitrage possibilities.
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Quote Originally Posted by vanzack:
I love this topic...
Back in the day - between 1998 and 2005 - there were edges EVERYWHERE. It wasn't low hanging fruit that needed to be picked, the fruit was on the ground everywhere.
This was when Neteller was king and you could move 10k from book to book in a minute or less. Monitor the screens at over 30 books for arbitrage and hit it quickly.
These days it is more uncommon. But there is one interesting one - told to me by a buddy of mine who has much more patience than me.... In South Florida they dont allow craps (yet), but they do allow these bubble machines that look like that old board game Trouble. It is basically craps where the machine rolls two giant dice in a bubble.
He figured out that you could bet pass and dont pass at the same time, and earn comps on both - but the key was that the comps were WAY out of whack. This was when they first introduced these machines. No casino gives you comps on odds wagers at craps (because it is even money) but this place did.
The comps way outweighed the risk of losing on a 12 on the come out roll. So he did this for like a month, lost like 1k on the bubble, but got like 8k in comps.
Outside of gambling I have done these edges in airline / CC points. Google "manufactured spending". If you have good credit, you can rack up millions of miles in points for tens of thousands of dollars in travel. And patience. I got about a million points (miles) last year for really doing not much extra.
I used this for baseball money lines back in the day, but the sports books quickly caught on, and started mimicking each other's lines.
You can still use this method today IF you can find a bookie you trust to pay, that regularly inflates totals or favorites.
However, once he realizes you are CONSISTENTLY beating him with dogs and unders, he will give you the REAL lines, and kill your arbitrage possibilities.
Playing your position and stealing Blinds from weak players at the Poker table.
When everybody folds around to you. Small and Big blinds are on your left. Raise like 4X the Big blind and watch them both fold. If they call to see the flop you shove in huge and re-raise if needed.
Identifying weak players is a huge edge.
Glad Jms. Patrick made this pt.! The use of this one is unending. Refine by mid-week Strip-spots: (Belagio, Rio, Paris and Palms); Poker Palace weekends, & The Stations if they've an "Event" !!
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Quote Originally Posted by TheGoldenGoose:
Playing your position and stealing Blinds from weak players at the Poker table.
When everybody folds around to you. Small and Big blinds are on your left. Raise like 4X the Big blind and watch them both fold. If they call to see the flop you shove in huge and re-raise if needed.
Identifying weak players is a huge edge.
Glad Jms. Patrick made this pt.! The use of this one is unending. Refine by mid-week Strip-spots: (Belagio, Rio, Paris and Palms); Poker Palace weekends, & The Stations if they've an "Event" !!
This is a trend thats been working for 7+ years. Whoever Obama likes fade the sh*t out of it...
Ok, thus fade Kenya (birthplace), and fade Indonesia (youth & school), and fade Saudi Arabia and Iran. If they're not in the same Group, then a parlay can be a play.
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Quote Originally Posted by Killer_B:
This is a trend thats been working for 7+ years. Whoever Obama likes fade the sh*t out of it...
Ok, thus fade Kenya (birthplace), and fade Indonesia (youth & school), and fade Saudi Arabia and Iran. If they're not in the same Group, then a parlay can be a play.
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I used this for baseball money lines back in the day, but the sports books quickly caught on, and started mimicking each other's lines. 
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