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sports gambling articles
by
Jimmy Mason, Director of Sportsbook Operations -
08/23/2005
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THE weekend WRAP: 08/23/05
This past
weekend's action from a bookmaker's point-of-view
By Jimmy Mason, Director of Sportsbook Operations
There’s no way to sugar coat what happened
this weekend. We the house cleaned up while having
a record weekend.
Saturday the Atlanta Braves opened as -200 favorites,
but we were tipped off early in the morning that
the Padres would be a major ‘steam’
play by the ‘wiseguys’. Steam plays
don’t always win, but we try to be on the
‘right side’ of the moves. We moved
the number down to -180 and took a slew of action
before moving up to -187 before the first pitch
to stop the bleeding. Pedro Astacio (recently released
from a cryogenically sealed tube) and the Padres
win 7-2 and the house made a bundle.
Saturday also saw the biggest favorite of the day
go down in 2-1 in a pitchers duel. Our players laid
the amazing price on the A’s and Barry Zito
against the hapless Royals at a rate of 12:1. Who
could blame them after recently losing 19 games
in a row? The ridiculously high price of -360 actually
went UP and closed at -375! It’s very rare
that you see a favorite price that high go up. Typically
the ‘sharps’ will place some action
on the dog on principal alone. This game alone killed
91% of all active parlays at the time of grading!
Sunday saw another unexpected upset that put a
hurt on the players’ bank rolls. Greg Maddux
and the Cubs were knocked off by the crummy Colorado
Rockies. It was another game that saw a ticket count
of over 10:1 as well. They say bookmaking is a marathon
not a sprint but this weekend was like a 40 yard
dash. .
Until next week, may all your wagers be winners…..
Jimmy Mason
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