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One basketball season I worked as a runner for the same outfit that Robbie (Polar) did. And like Robbbie, I learned a lot from the Boss, a guy named Jeff. Working for Jeff, and seeing how he ran his operation, gave me the background to start my own betting/middling/money-moving operation.
The season that I worked for Jeff I was stationed in the Tropicana, which was managed by Bobby Davis, a perky, positive red-headed guy who had learned how to book at Santa Anita before it closed down.
Bobby had no interest in Roxborough's updates, wasn't afraid of the steam, and only moved his line on action. Furthermore, he welcomed runners and all action. Moreover, he claimed that the Tropicana's profit percentage on bets was well above the Vegas sportsbook industry average, a fact that he attributed to his own booking ability. I mention this as a testament to the fact that an astute, independent BM will always, in the long run, generate the most profit.
Does a good BM, such as Bobby always impart his wisdom, sportsbetting and otherwise, to his assistants? I think not. Consider the following evidence:
Bobby's assistant was a fat, bald, Italian guy whose name I can't remember. Anyway, I took a vacation to Thailand, and when I returned I told him about the wonders of the 16-20 year old females that I had spent my nights with. Well, the pervert wasn't interested in females that old; he said he was only interested in 12 year olds. He claimed that he was like his hero, French Existentialist guru, Jean Paul Sartre, who, the older he got, the younger the females he needed as company. Well, I was so disgusted by his depravity that I burned my copy of Sarte's existential Bible "Being and Nothingness," and converted my philosophical orientation from that of existential phenomenology to that of neo-Taoism.
Gene Mayday was an innovative BM. He was the only BM I knew who offered teasers on NFL totals. If I remember correctly, the teaser odds on totals that he offered were the same as on the sides: even money on a two-team 6-point teaser and 6/5 on a two-team 7-point teaser. I researched these teasers and found that a book had between a 2-3% greater edge booking these teasers than they did on the sides. Gene was grateful when I showed him my research, and he said he did better percentage-wise booking totals teaser than he did sides teasers.
Speaking of teaser odds, all of Vegas used to have the old NFL teaser odds, which I believe ABC still offers, of even money an two-team 6-point teasers and 6/5 on two-teaam 7-point teasers. Then, one year in the mid-80s, Chuck Sharp, a very famous Vegas sportsbettor who, since, partly because of hassles from the IRS, has retired to a life of golf and girls--older than 12 I hope--in Thailand, hammered the Dust for a few hundred dimes. Then, Vegas sportsbooks upped the teaser odds 10 cents.
Middling college basketball was, as I stated in an earlier post, the best thing going in the 80s for middler/scalpers. The best thing going for bettors, if not NBA totals, was two-team 5-point teasers in college hoops. Points around 1-3 were so valuable that just crossing these number actually gave someone just guessing a slight mathematical edge over the house. Since the books weren't in business to lose money, the juice on 2-team 5-point teasers was upped from -120 to
-130. And when the new rules--shot clock and 3-point shot--were introduced to college basketball, teasers went completely down the tubes as as a good deal.
One of the biggest edges a player can have over a bookies is knowing exactly how much every number is worth. The Buddha said that the two worst sins are ignorance and laziness. Bookies, like most players, suffer from both. I've never met a bookie who knows close to what I do about the exact value of every number. (For example, exactly how many cents is it worth it to pay to buy off and on "3" in pro football? Is it worth 20 cents, 25 cents , or 30 cents?) No one publishes this information. I have thick notebooks from all the research I've done on the subject.
What do bookies know? Is there a school for BMs? Why doesn't Roxborough provide an in-depth training program for Vegas BMs? Because knowledge is power. As soon as they know what he knows, they are no longer mindless clones dependent upon him.
All BMs, including Monty and Roxborough suffer from periodic brain cramps. A couple of days ago, these guys opened Saberhagen and Boston on the road at pick against Montreal. When I saw that, I nearly **** in my pants. I knew it was the steam game of the day. The game never stopped moving until Saberhagen went to -138. Boston lost, but regardless, the BMs had royally screwed-up on their opening line.
Because most bookies are ignorant and lazy, they have to be clones who copy someone else's betting lines. Someone once told me that Jesus adressed some sportsbettors and when one complained to him about bookmakers, Jesus said, "Forgive them, for they know not what they do."
The season that I worked for Jeff I was stationed in the Tropicana, which was managed by Bobby Davis, a perky, positive red-headed guy who had learned how to book at Santa Anita before it closed down.
Bobby had no interest in Roxborough's updates, wasn't afraid of the steam, and only moved his line on action. Furthermore, he welcomed runners and all action. Moreover, he claimed that the Tropicana's profit percentage on bets was well above the Vegas sportsbook industry average, a fact that he attributed to his own booking ability. I mention this as a testament to the fact that an astute, independent BM will always, in the long run, generate the most profit.
Does a good BM, such as Bobby always impart his wisdom, sportsbetting and otherwise, to his assistants? I think not. Consider the following evidence:
Bobby's assistant was a fat, bald, Italian guy whose name I can't remember. Anyway, I took a vacation to Thailand, and when I returned I told him about the wonders of the 16-20 year old females that I had spent my nights with. Well, the pervert wasn't interested in females that old; he said he was only interested in 12 year olds. He claimed that he was like his hero, French Existentialist guru, Jean Paul Sartre, who, the older he got, the younger the females he needed as company. Well, I was so disgusted by his depravity that I burned my copy of Sarte's existential Bible "Being and Nothingness," and converted my philosophical orientation from that of existential phenomenology to that of neo-Taoism.
Gene Mayday was an innovative BM. He was the only BM I knew who offered teasers on NFL totals. If I remember correctly, the teaser odds on totals that he offered were the same as on the sides: even money on a two-team 6-point teaser and 6/5 on a two-team 7-point teaser. I researched these teasers and found that a book had between a 2-3% greater edge booking these teasers than they did on the sides. Gene was grateful when I showed him my research, and he said he did better percentage-wise booking totals teaser than he did sides teasers.
Speaking of teaser odds, all of Vegas used to have the old NFL teaser odds, which I believe ABC still offers, of even money an two-team 6-point teasers and 6/5 on two-teaam 7-point teasers. Then, one year in the mid-80s, Chuck Sharp, a very famous Vegas sportsbettor who, since, partly because of hassles from the IRS, has retired to a life of golf and girls--older than 12 I hope--in Thailand, hammered the Dust for a few hundred dimes. Then, Vegas sportsbooks upped the teaser odds 10 cents.
Middling college basketball was, as I stated in an earlier post, the best thing going in the 80s for middler/scalpers. The best thing going for bettors, if not NBA totals, was two-team 5-point teasers in college hoops. Points around 1-3 were so valuable that just crossing these number actually gave someone just guessing a slight mathematical edge over the house. Since the books weren't in business to lose money, the juice on 2-team 5-point teasers was upped from -120 to
-130. And when the new rules--shot clock and 3-point shot--were introduced to college basketball, teasers went completely down the tubes as as a good deal.
One of the biggest edges a player can have over a bookies is knowing exactly how much every number is worth. The Buddha said that the two worst sins are ignorance and laziness. Bookies, like most players, suffer from both. I've never met a bookie who knows close to what I do about the exact value of every number. (For example, exactly how many cents is it worth it to pay to buy off and on "3" in pro football? Is it worth 20 cents, 25 cents , or 30 cents?) No one publishes this information. I have thick notebooks from all the research I've done on the subject.
What do bookies know? Is there a school for BMs? Why doesn't Roxborough provide an in-depth training program for Vegas BMs? Because knowledge is power. As soon as they know what he knows, they are no longer mindless clones dependent upon him.
All BMs, including Monty and Roxborough suffer from periodic brain cramps. A couple of days ago, these guys opened Saberhagen and Boston on the road at pick against Montreal. When I saw that, I nearly **** in my pants. I knew it was the steam game of the day. The game never stopped moving until Saberhagen went to -138. Boston lost, but regardless, the BMs had royally screwed-up on their opening line.
Because most bookies are ignorant and lazy, they have to be clones who copy someone else's betting lines. Someone once told me that Jesus adressed some sportsbettors and when one complained to him about bookmakers, Jesus said, "Forgive them, for they know not what they do."
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