There are no betting lines adjustments this time.
Online, shrewd professionals will open a series of accounts at a number of reputable sportsbooks, spreading out their action on betting lines to try to camouflage their true intent.
Betting Lines Are Affected More By Who Makes The Bet, Not How Much Is Wagered
by: Luken Karel
“You pretty much bet the same amount on each game,” said the player. “If you play only a couple of games, luck becomes much too overwhelming of a factor. “I don’t have a ‘best bet,’ a ‘game of the week’ or anything like that. ‘Sharps’ understand that.
What the heck is going on here?
Because bet takers always are looking to get ahead of the action, to find that one right number that attracts equal or near equal activity to each side of a game, distinguishing and separating recreational or unsophisticated bettors, called ‘squares,’ from professional bettors, known as ‘sharps,’ can be crucial to a sportsbook’s well-being. There’s also little variation in the size of bets made by ‘sharps.’
Finally, the ‘sharp’ player never measures success in the short run so he never has to “get out” on an unlikely parlay or chase after the final game of the day or the weekend. Most obviously, ‘sharps’ are professionals who derive their income from their play while ‘squares’ have “real” jobs.
Generally, say sportsbook managers, ‘sharps’ are low-key, gracious and unassuming while players who boast about their successes usually are ‘squares’ with little chance of winning.
A fellow strikes a few keys on a computer keyboard or strides into a licensed sportsbook in Nevada and wagers $5,000 on a football game. ‘Squares’ bet one or two, or even worse, nearly the whole card.
Of course, bookmakers, who are trained to look for tip-offs such as clipboards or cell phones, eventually become familiar with the runners and the cat-and-mouse game begins anew.
But first, bookmakers have to identify the ‘sharps,’ who, in an attempt to get their wagers down at the most attractive betting lines, often use a variety of tricks and subterfuge. The move triggers an immediate and frenzied reaction from the houses numbers cruncher, who quickly consults with his bosses or telephones the casino’s sister properties and adjusts the betting lines on the team that just was bet.
Bookmakers have learned that the amount of money bet often is secondary in importance to the identity of the person who places the wager. Known by sight to most bookmakers, many sophisticated bettors employ ‘runners’ or ‘beards’ to place their wagers, frequently striking with military-like precision at several sportsbooks at the same time.
So if you see betting lines move, its probably because of the who not the how much.
A few minutes later another man (or woman) strikes the very same computer keys or walks up to the very same window at the very same sportsbook and wagers a whopping $50,000 on a football game. For the most part, sportsbooks are far more threatened by the activities of savvy players and gambling syndicates.
‘Sharps’ also distinguish themselves by the number of games they bet and the consistency of their wagers on each of those games. For example, a hotel guest who lumbers into the sportsbook from the gaming tables with a cocktail in one hand, a load of black chips in the other and what he believes is an informed opinion, usually is not viewed as a serious threat to the house’s bottom line. C’mon, if I really knew which of my bets were ‘best’ wouldn’t I just make those bets? I think all my bets are going to win; that’s why I make them.” . You don’t want to be in a situation where a bad bounce or a lousy call from a referee beats you and that’s the only game you’ve played. One way sportsbooks do this is by reacting as quickly as possible to the moves made by professional bettors.
“If you believe you have an edge you don’t want to bet just one or two games,” explained a professional sports bettor who asked that his name be withheld. Poker players are fond of saying that one session doesn’t mean anything. The very same house bookmaker makes note of the wager but otherwise does not stir from reading the morning newspaper. Online, a player not known for his wagering acumen may also make a large bet without raising a bushy eyebrow. If you’ve played a handful of games, maybe five or six, and you’re any good, you can overcome a bad beat.”
In addition to the overall quality of their play, ‘sharps’ differentiate themselves from ‘squares’ in several other ways. Typically, ‘sharps’ bet about half a dozen games during a football weekend