Bookmakers Don’t Like Winners…so Here’s What You MUST Do To Make Money Or People Will Get Mad!

I have a learned a lot from Rich Allen…so much so that I am finally making money gambling on sports in these last two years…after 30 years of trying!

Recently, I discussed one reason why you need to have multiple places to bet if you’re wagering offshore.  That was the ability to be able to shop for the best lines…because they vary dramatically…basically to look for the best number available on a particular game.  But there’s another reason that’s even more important because it directly impacts your wallet. 

The other main reason to have multiple outs is it allows you to spread your action around.  I’ll let you in on a little secret: sportsbooks don’t like winners.  If someone is kicking your head in on a repeated basis, you get sick of it.  That’s not what they’re in the business for, they want to make money.  They get especially angry if someone is betting ‘the steam,’ either generating it or following it.

What is steam?  Well if you follow a line service that shows odds for multiple sportsbooks you see that whenever a line changes at a shop, the number goes black.  If all the shops are changing their number at the same time, the screen gets ‘painted black’ and you know ‘steam’ action came in.  This is because one or more of the big betting syndicates has come in HUGE on a particular side of a game. 

I’ll give you an example of this scenario in action.  The linesman for the sportbook has his screen open.  He gets transferred a call because it’s from one of the book’s big players.  After confirming his password and balance the client asks for the total in the Boston Celtics-Cleveland Cavaliers game.  The linesman looks at his screen: 197 everywhere so he reads the client 197.  The customer says, “I’ll take the over for the maximum,” and as the bet is being processed the sportsbook operator sees the screen going nuts: 199’s and 200’s are popping up all over the place.  He’s just been burned for an extra 2 to 3 points.

And more often than you think the final score of that game will end up in the 198 to 199 range. 

Nothing will get you kicked out of a sportsbook faster than ‘betting steam.’  But something that comes in a close second is winning day after day, night after night.  Now, they’re going to think you are with a syndicate or betting someone’s successful system.  Let’s see what would have happened if you were betting Rich Allen’s systems this fall when American football started and you were following the rules of betting between 2-5% of your total betting bankroll and only doubling your bet amounts once you’ve doubled your betting bankroll.  Let’s see how this would work in practice.

Let’s say the starting bankroll is $10,000.  A 2% bet to start would be $200.  To double your bankroll to get to $20,000 you would need to win 50 units (a unit being whatever amount you are betting, in this case $200.  If you began at the beginning of American football season on Sept. 10^th, by Nov. 21^st you would have doubled your bankroll.  That’s how long it took the system to accumulate +50 units.  That was in only a 10 week span, which means you’re a $200 bettor and you’re averaging a $1,000 profit each week.  In other words your sportsbook is NOT happy.  Especially since you then doubled your bet amount to $400.  By February 19^th you would have built your bankroll to $40,000!

Now I’ve had people ask me what they should do in this situation.  We’ve already discussed one component to help ease the burden, have multiple accounts where you can space your action around.  This way you won’t draw as much attention to yourself.  The second thing you can do is take regular payouts.  This way you won’t build up your balance so high at one shop, and if they decide to throw you out without paying it won’t hurt too badly.

Will a sportsbook do that?  It’s become less and less common with the growth of review sites and posting forums, because if word gets out a book isn’t making good on its losses they’ll have a huge problem attracting customers.  But I won’t guarantee that it can’t happen, even in this day and age.  Most places will tell you they don’t want your action anymore, make good on the loss, and close your account, but why take the risk?

Having multiple accounts is an absolute must if you’re going to bet offshore. See a couple more of Rich’s free and amazing tips here.

Thanks,

Brad Morris