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Newbie question for sharps

phillyflyers

phillyflyers

Joined
Aug 8, 2024
Messages
12,006
I have $7800 rollover with $1150 in cash. I want to lose at this sportsbook with the rollover, win at the other where I don't have rollover and pay minimal juice for it. How do you do that? Is that hedging? scalping? Thanks
What you’re doing is “clearing rollover via matched betting / hedging between two books”. It’s not really scalping in the traditional “beating slow line moves for risk-free profit” sense; it’s more like bonus / rollover arbitrage.

Here's my advice:

You have Book A with $7,800 remaining rollover. $1,150 balance you'd like to lose here.

Book B: No rollover, you'd like to win here.

The ideal would be you see a dog at Book A let's say at +300 and the favourite at Book B at around -300. The closer the implied probabilities sum to 100%, the smaller your loss.

At Book A (rollover) take the side with the bigger price. At Book B, bet the opposite outcome.

Use an arb/matched bet calculator if you want exact stakes.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
I have $7800 rollover with $1150 in cash. I want to lose at this sportsbook with the rollover, win at the other where I don't have rollover and pay minimal juice for it. How do you do that? Is that hedging? scalping? Thanks

Use moneylines, that's the best way but you restrict yourself by just trying to move to 1 book. The more outs, the better, for the numbers which often vary just enough across the board.

In fact, if you have an eventually accurate idea of which way the line will move, you can exploit it even more.

Exchanges will reduce the vig as well.

Good Luck
 

BobbyFK

BobbyFK

Joined
Oct 19, 2021
Messages
31,211
What you’re doing is “clearing rollover via matched betting / hedging between two books”. It’s not really scalping in the traditional “beating slow line moves for risk-free profit” sense; it’s more like bonus / rollover arbitrage.

Here's my advice:

You have Book A with $7,800 remaining rollover. $1,150 balance you'd like to lose here.

Book B: No rollover, you'd like to win here.

The ideal would be you see a dog at Book A let's say at +300 and the favourite at Book B at around -300. The closer the implied probabilities sum to 100%, the smaller your loss.

At Book A (rollover) take the side with the bigger price. At Book B, bet the opposite outcome.

Use an arb/matched bet calculator if you want exact stakes.
A very thorough and detailed response here Philly I’m shocked actually
 

Archie

Archie

Joined
Nov 8, 2021
Messages
10,098
I have $7800 rollover with $1150 in cash. I want to lose at this sportsbook with the rollover, win at the other where I don't have rollover and pay minimal juice for it. How do you do that? Is that hedging? scalping? Thanks

I feel like we are missing crucial info
 

Headsterx

Headsterx

Joined
Oct 22, 2021
Messages
11,763
I have $7800 rollover with $1150 in cash. I want to lose at this sportsbook with the rollover, win at the other where I don't have rollover and pay minimal juice for it. How do you do that? Is that hedging? scalping? Thanks
Forgot the other book, and destroy that r/o. Go follow the MVC under thread and place bets $550/$500 for 10 games. Then start betting the big conference tournaments and r/o will be cleared. You’ll also have a profit.

MVC Unders!
 
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