Friends who bet through me

Books Worst Enemy

Books Worst Enemy

EOG Addicted
I have several friends who know I always have money available with sportsbooks. They are too lazy to post up and get all the sign up bonuses so they call me and I place the bets for them. Small stuff...usually $500 and under.

Up to now I have always passed the bet on to a sportsbook just because I don't want the risk myself. Plus, I get rollover credit for their action. One of my friends has almost earned my sign-up bonus for me at 5Dimes and I have only made three bets there myself.

But I notice the money seems to be going in one direction, generally. They pay me. Over. And over. And over. This is over the last 10 years or so.

I am really thinking about booking their bets myself but I also keep thinking they are way over "due" for some wins.

What is the consensus opinion? Should I pass the action on to the books or book it myself?

Later,
Books Worst Enemy
 
T

TANG

2
If They Are Truly Your Friends You Will Probably Feel Guilty If They Lose To You.

You Also May Get Upset If They Win.


If They Are Betting Parlays Take The Bets Though Its Just Good Business.
 
ClubmanCoop

ClubmanCoop

EOG Veteran
Same problem different level, I only have 3-5 part timers and bet 25-100.
I Push them along if Im on them and keep the rest. Easier to do i guess with smaller stakes. Maybe take 100 of everything youre not "on" and pass the rest to the books? If you keep making $$ increase the risk.

GL
Bruin
 
Bucky

Bucky

EOG Dedicated
When you are doing it on this type of basis you are not booking the bet you are making a bet at +110 on a pointspread. So, to me it comes down to handicapping the bet like you would the normal games you bet on. Is it a good bet for you - Do you like the side it puts you on? Call off what is over your normal bet size.

The bets I make for my friends are a little different because we have bought picks together and split the cost or handicapped it together and we are on the same side.

I kinda find it a pain in the butt to keep track of the numbers for virtually no compensation when you just turn them in for a buddy - I've got enough things to keep track of. I don't want to srew up and pull for the wrong team when we are watching the game at the bar.
 
wantitall4moi

wantitall4moi

2
Depends on what vig they are expecting to pay also. Or if they are playing baseball what odds they expect to get.

It is a dilemna a lot of people face, as well as some bookmakers I am sure. Whether to hold or to lay off. Depnds on what you want out of it. If you are doing it as a service then continue how you are doing it, if you think you can make money then ga,ble. If they are betting opposite you on some games then hold it for sure, especially if you are gaining an edge on hold. For example theylike the Pats -6 for -110, at Pin the Pats are -6, but -105. Not a true or infallible system, but one that can be used, especially if you like the opposite, so you get the side you want, and are "getting" an extra nickle.
 
Stickie

Stickie

EOG Senior Member
Sounds to me like you need to come up with a name for the sports book you are about to start.:+excited-
 
W

Whoson1st

EOG Dedicated
I believe you (100%) that they are your friends....but and the BIG BUT is that if the government decided to use it...they might say...you are "in the business of ". That's trouble--I think big trouble!!
just my 2 pennies.
 
A

acw

EOG Enthusiast
Offering these guys a 20 cent line you will make more money booking them than you will ever make handicapping+line shopping! My friends as a bonus always seem to bet the opposite side of what I would like to bet.
 
W

Whoson1st

EOG Dedicated
I suggested a legal questions forum for this and other related topics---It didn't get very far. This could be a good source for such information. As for handicapping....over half the fun(for me anyway) is to do my own.Win lose or draw... Guess others enjoy following the leaders. Becarefull with that one.
 
S

Scotty S

EOG Addicted
When I had the Stardust we took layoff from sportsbooks around the state. Amazing how the same handful of books sent a check EVERY month. I kept hoping they wouldn't figure it out, that they didn't have to send it. They didn't.....Scotty
 
rainbow

rainbow

EOG Master
Worst thing any book can do is off action on a game unless they know 100% of the money bet is good. and never ever off COLD money.
 
ZZ CREAM

ZZ CREAM

EOG Master
Scotty S said:
When I had the Stardust we took layoff from sportsbooks around the state. Amazing how the same handful of books sent a check EVERY month. I kept hoping they wouldn't figure it out, that they didn't have to send it. They didn't.....Scotty
Click to expand...
Gary Austin's, Leroy's, The Neva ! Just kidding Scott! LOL! Austin should have been laying off in 85 to you!
Rainbow: Your peoples okay? I hope so and all other Swampers too !
 
ZZ CREAM

ZZ CREAM

EOG Master
Scotty S said:
He was in a way, through his ph acct....Scotty
Click to expand...
Dealt with GA alot of years until I found out everyone WAS right about him! What an 'expletive deleted'! Not as bad as Unger, but up there! P.S. He was supposed to be laying off Scott, not PRESSING!
 
rainbow

rainbow

EOG Master
ZZ CREAM said:
Gary Austin's, Leroy's, The Neva ! Just kidding Scott! LOL! Austin should have been laying off in 85 to you!
Rainbow: Your peoples okay? I hope so and all other Swampers too !
Click to expand...

I've been in contact with them since yesterday, so far so good, but everyone is on needles and pins, I've been doing alot of praying, not just for my family for everyone's.
 
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