sloan
Joined: Apr 11, 2011
• Posts: 1
April 11th, 2011 at 7:33:07 AM permalink
i have a guy that offers 15% off your losses.

Assume week one you lose 1000, you only pay 850. Week 2 that same thing happens. Week 3 you win \$5000. You get paid the whole \$5k. Now you would have to lose back the \$5k to receive any discount on future weeks. The winning weeks carry over, but the losing weeks dont.

baseball is dime lines.

assuming the book pays, do you guys think this is a good system? why would he offer this??

SLOAN
AZDuffman
Joined: Nov 2, 2009
• Posts: 11634
April 11th, 2011 at 7:49:40 AM permalink
Quote: sloan

i have a guy that offers 15% off your losses.

Assume week one you lose 1000, you only pay 850. Week 2 that same thing happens. Week 3 you win \$5000. You get paid the whole \$5k. Now you would have to lose back the \$5k to receive any discount on future weeks. The winning weeks carry over, but the losing weeks dont.

baseball is dime lines.

assuming the book pays, do you guys think this is a good system? why would he offer this??

SLOAN

Assuming a fair line and he pays seems like a very strong promotion for the player. Why would he do this? To get players. In "Confessions of an Ivy League Bookie" the author states that the guys in the wire room got 10% of losses of any players they brought in. Assuming up the food chain there were still more profits takes 15% does not seem out of reach.

Bookies also go by the premise "the public is usually wrong" and don't totally balance every game. If this is true he has the extra for the refund.
All animals are equal, but some are more equal than others
SOOPOO
Joined: Aug 8, 2010
• Posts: 6694
April 11th, 2011 at 7:51:45 AM permalink
Quote: sloan

i have a guy that offers 15% off your losses.

Assume week one you lose 1000, you only pay 850. Week 2 that same thing happens. Week 3 you win \$5000. You get paid the whole \$5k. Now you would have to lose back the \$5k to receive any discount on future weeks. The winning weeks carry over, but the losing weeks dont.

baseball is dime lines.

assuming the book pays, do you guys think this is a good system? why would he offer this??

SLOAN

The details are not clear. Are you saying I can bet \$1000 on a single game, if it wins I can collect, but if it loses I only pay \$850? My hunch is there is more to the story.....
DJTeddyBear
Joined: Nov 2, 2009
• Posts: 10143
April 11th, 2011 at 7:59:09 AM permalink
Sounds something akin to a drug dealer giving away crack to new customers.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁 Note that the same could be said for Religion. I.E. Religion is nothing more than organized superstition. 🤗
buzzpaff
Joined: Mar 8, 2011
• Posts: 5328
April 11th, 2011 at 8:03:48 AM permalink
Quote: sloan

i have a guy that offers 15% off your losses.

Assume week one you lose 1000, you only pay 850. Week 2 that same thing happens. Week 3 you win \$5000. You get paid the whole \$5k. Now you would have to lose back the \$5k to receive any discount on future weeks. The winning weeks carry over, but the losing weeks dont.

baseball is dime lines.

assuming the book pays, do you guys think this is a good system? why would he offer this??

SLOAN

I will give you 25% back. Do not assume you get paid ! LOL