mgr187 said:
Scott, Would you please explain to me about how this middling/scalping works. I like that idea. I would really appreciate it. thanks
For starters, it only works if you know where the line is going to move. For example, tonight I thought line would move so I took Nets and later take Boston. I ended up being right. However, if I was wrong, then I would have to eat a loss. I only do this maybe 3-4 times per week when I am 90% certain I am right. Its pretty obvious on some games. Now I could have gone for middle or did what I do and cancelled both bets and take winnings or break even.
2nd thing is you need multiple sportsbooks AND Pinnacle is a must since they have -105 lines AND they allow you to buy up or down. Like I did when I bought down from -5.5 to -4.5.
IMO, MLB is the best and easiest sport to do this. For example, yesterday you could have taken Randy Johnson and Yanks -250 and then later take Nomo +310.
Yanks $2500 to win $1000
D-Rays $1000 to win $3010
You win boat load of Rays win and break even with yanks.
Or you could take D-Rays to win $2500 and make $$$ if Yanks win and break even if D-Rays win.
Tonight I felt strong that Nets would win by 5 or more pts. So I hedged it so I make $197 if Nets win by 5 or more and break even if Boston covers. Now I could have made $90 either way guaranteed but I am greedy and wanted $197.
Its fun and safe thing to do WHEN you guess right. You sorta need knack for it. Looking at various sportsbooks (pinnacle being #1 since their lines are so volatile). Also consensus sites where tells you % of bets on both sides help. Mostly its just having a knack for it. I only do it couple times a week when I am 90% confident and so far have not been burned. Thats why I only do it couple times a week and sometime go weeks without doing it. I sorta do it for fun.
Not sure if I helped you or not, ask me more direct question and I gladly will answer best I can.
