Can I Be The Bookie?

Question

So I&#x27;ve often wanted to become the bookie, and take the opposite of the public.  I figured I could theoretically take the opposite of them if I place all of my action against the public.What I&#x27;m wondering is.........I&#x27;ve found one website that gives me betting trends (sportsbook.com).  They give you the percentages bet on each side.  What I don&#x27;t know is this the percentage of money bet on that side, or the percentage of total bets on each side.  If it&#x27;s the amount of money bet, then I can accurately go against the public and become the bookie.  If it&#x27;s only the percentage of total bets, then this won&#x27;t help at all.Does anyone know this info, or where I can get percentages of total money bet on that side.  I&#x27;ve also realized that I am just getting the info (i think) of sportsbook.com and not really every other sportsbook.What I did tonight was take the baseball game, college football game, and all the nhl games and take the minority in percentage on the side and on the total in every game.  I understand that there is soccer, horse racing etc. that the books may cash in on tonight but I feel like this is a good controlled experiment.Can I get some thoughts or ideas?

DanTos8715 · Answer

So I&#x27;ve often wanted to become the bookie, and take the opposite of the public.  I figured I could theoretically take the opposite of them if I place all of my action against the public.What I&#x27;m wondering is.........I&#x27;ve found one website that gives me betting trends (sportsbook.com).  They give you the percentages bet on each side.  What I don&#x27;t know is this the percentage of money bet on that side, or the percentage of total bets on each side.  If it&#x27;s the amount of money bet, then I can accurately go against the public and become the bookie.  If it&#x27;s only the percentage of total bets, then this won&#x27;t help at all.Does anyone know this info, or where I can get percentages of total money bet on that side.  I&#x27;ve also realized that I am just getting the info (i think) of sportsbook.com and not really every other sportsbook.What I did tonight was take the baseball game, college football game, and all the nhl games and take the minority in percentage on the side and on the total in every game.  I understand that there is soccer, horse racing etc. that the books may cash in on tonight but I feel like this is a good controlled experiment.Can I get some thoughts or ideas?

hoop121 · Answer

Before you start going against every popular play in the book you need to understand how a bookie works. Just because a 60% trend on one team wins...it doesn&#x27;t mean the bookie lost money on the money. Same with a favorite of 90% or more. Typically, the bookie will have some sort of hedge on if he&#x27;s weighted a lot more heavily on one game than the other. Just betting against the public everything is not going to make you a rich man. Otherwise we&#x27;d all be doing it. If you want to be a bookie then get a huge bankroll and start taking bets from your friends.

MontanaMax · Answer

I believe sportsbook.com only shows the %'s at that site
Same with other's

Sportsinsight.com subscription service is 2nd to none with the best and most detailed info around
For free you can a great site called sportsbookspy.com that shows a basic consensus of the 6 largest sportsbooks online

#'s to look for
ML's fade at 70% or more if the team doesn't suck ass
Look for RLM's as a gauge maybe for dogs that the public hates
The line on the ML's and spreads follows the money - not the public % betting on them
ATS's fade at 70% or more no matter which sport
Especially lines that grow once opened - in football it happens a lot where the public will drive up the line 1 to 4 points from opening before gametime only to have the dog to cover if not outright win

Back test because there is no quick money here. Its long term you will see it taking Vegas's side. MLB is great with this too
Don't know much about over / unders

Can I Be The Bookie?

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