Scalping Out

[maxdalury]

Never really understood this. You have a large balance at a book that you have some risk of not paying out (betus,sbgglobal) etc. I hear that many people scalp out their balance. Isnt it likely that your balance at the bad book would increase. What are the benefits? Wouldn't you just bet the offmarket line at the bad book and hope to get paid?

 

[rito]

Welcome to gamelive maxdalury.

Yes, you are correct. It depends on the odds of the book paying up, but when people were trying to scalp out their cascade balances, they were really just wagering on large favorites elsewhere.

 

[Polaroid]

First of all, welcome to the forum. Second of all, good first post.

And to answer the question, yes you're right - it's kind of a martingale way of thinking as you frantically try to "move money over" (you're not actually doing this in reality) from the bad book to the good book but the danger is winning at the bad book, increasing your balance and then making you even less likely to get paid (especially when people tend to bet heavy underdogs at the bad book). The only way this could be beneficial is if you have a +EV bet at the good book and a -EV bet at the bad book; however why not just make your +EV play at the good book instead, cross your fingers and hope the bad book pays up?

 

[roguejuror]

welcome aboard maxdalury

 

[Bread]

Max with the most serious first post since DJ Yiddish.

Welcome.

 

[maxdalury]

yea, i think ill pass on this scalping crap and just hope to get paid. Glad to get on another gambling forum, well i guess most of the sh*t here is not gambling related, after i was banned from sbr.

 

[senco78]

another SBR reject
welcome aboard

 

[Bread]

Why did you get banned? I was banned for starting a thread asking about the permanency of starting an account through their affiliate links.

 

[maxdalury]

selling some sports databases on their site to make some $. They were mad i was conducting business on their site, i made enough money for it to be well worth it. Justin7 actually asked me for free database to help him with writing his book and expected me to give it to him for free. I actually give him intentionally wrong data that i am pretty sure he put in his book.

 

[Polaroid]

I actually give him intentionally wrong data that i am pretty sure he put in his book.

 

[Bread]

Justin7 is sharp.

 

[roguejuror]

lol, nice maxdalury

 

[Blitty]

selling some sports databases on their site to make some $. They were mad i was conducting business on their site, i made enough money for it to be well worth it. Justin7 actually asked me for free database to help him with writing his book and expected me to give it to him for free. I actually give him intentionally wrong data that i am pretty sure he put in his book.

Nice Max! :

 

[senco78]

selling some sports databases on their site to make some $. They were mad i was conducting business on their site, i made enough money for it to be well worth it. Justin7 actually asked me for free database to help him with writing his book and expected me to give it to him for free. I actually give him intentionally wrong data that i am pretty sure he put in his book.

I like this fella

 

[Mudcat]

I agree with the point about the folly of trying to scalp out. There have been just a few times I have ended up with funds in books that seemed to be teetering on the edge. I just freeze the accounts and wait.

 

[Fu Manchu]

welcome to gamelive. enjoy your stay.

 

[MrX]

I actually give him intentionally wrong data that i am pretty sure he put in his book.

You may fit in pretty well here.

 

[RageWizard]

I disagree with the scalping out premise that has been bantered about here. I suggest vetting the sportsbooks in the first place so that you don't feel like you need to move money out of it. I agree with the notion of having a couple to 3 or 4 books with an account, but there is no need to use a shady book for investment purposes, even if they try attracting you with giant sign up bonuses.