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TOW
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 		    Posted 9/23/2005 6:54 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
All major and mid size operations report sizeable profits for the month of September, all well into the lower 7 digits upwards. Recreational shops hold of the current month slightly exceeds 7% in average. This data confirms the positive trend sports books have been enjoying throughout baseball season, credited as one of the most profitable baseball seasons ever, with hold averaging between 6% and 7%. To the contrary smaller operations, the ones with a number of actives of less than 200, report breaking even or small losses in the month.
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Dr Black
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 		    Posted 9/23/2005 9:37 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Who do the sports books report to, and do the figures include casino and poker profits?
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FISHHEAD
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 		    Posted 9/23/2005 10:00 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Thanks for the update!!!
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coconutman
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 		    Posted 9/23/2005 10:08 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
I think the figure is taken from sports only.

"Shallow men believe in luck. Strong men believe in cause and effect." -Ralph Waldo Emerson.

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TOW
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 		    Posted 9/23/2005 11:01 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Dr. Black,

Info concers sports only. Reports are being shared by books' management with watchdogs.
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RPM
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 		    Posted 9/23/2005 2:16 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
7% hold? wow. thats probably around double their normal hold.....
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bigboydan
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 		    Posted 9/23/2005 4:08 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
i wouldn't expect different in september, it's football season is why.

a good capper is only as good as his info.

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base
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 		    Posted 9/23/2005 4:15 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
I can see that being the case, it is football and has been pretty tough to cap!
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bigboydan
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 		    Posted 9/23/2005 4:26 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
base, it's not so much the toughness to cap as much as it is the volume these books get on those games on a weekly basis.

a good capper is only as good as his info.

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base
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 		    Posted 9/23/2005 4:31 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Volume of course, plays a huge roll but another element in the NFL has been the number of blowouts. Books love blowouts, it kills all the teasers. Several, "pseudo", good teams have been aweful, disconcerting bettors and increasing books profits, Viks, Pack, Chargers and Ravens!
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RPM
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 		    Posted 9/23/2005 5:02 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
ravens have been my downfall so far. ive been too much of a homer....
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bigboydan
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 		    Posted 9/23/2005 5:22 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
RPM said...
ive been too much of a homer....
thats rule #1 RPM, never let that type of stuff get in the way of your capping.

a good capper is only as good as his info.

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lakerfan
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 		    Posted 9/23/2005 5:48 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Am not surprised they had their best baseball season with all the crazy volume they were getting from that "Asian whale" action.  Or at least those books that aren't scared of taking a bet.
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onlòóker
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 		    Posted 9/23/2005 8:27 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
RPM said...
ravens have been my downfall so far. ive been too much of a homer....


No way can you let a favorite team sway your capping, and betting.

Shit will bite you in the ass.
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MASTER
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 		    Posted 9/23/2005 9:05 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
YOUR MASTER SAYS THIS WILL CHANGE THIS WEEKEND. THE BOOKS WILL ALL HAVE A LOSING WEEKEND.

YOU MAY BOW DOWN AND THANK ME BUT YOU MAY NOT KISS MY HAND.

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Dr Black
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 		    Posted 9/24/2005 1:31 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Isn't 5% about expected hold if everyone charges 110?
With 105 and 107 books around in baseball, I would guess 3% or 4% is most likely for this time of year.
Why the 7% ? Lots of soccer action?
Are these "Asian Whales" betting only favorites? Seems to me any shop worth a lick would take all they could get of that whale action and lay some off if they are scared.
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