TAB punts winning gamblers

[woundedpunter]

A few days old now, but an interesting article on the WA TAB.

http://www.optuszoo.com.au/news/state/wa-today/tab-punts-winning-gamblers/317430?from=mostpopular

 

[soho]

part of the gambling is hiding the fact that you're systematically betting...

read up on the MIT crew and the stratergies they employed to conceal card counting... basically they would have someone on each table placing minimum bets and counting cards... when the deck became hot, they would signal to a big player who would come to the table and place large bets... if a casino sees a player simply up his bet when the deck becomes hot, they realise he's counting cards and kick him out... it took time before the casino's figured out there were a team of players casing every table...

in closing, if you're a 'pro' gambler using some kind of 'value betting stratergy' and you only have one account, you're an idiot...

 

[Kahuna]

part of the gambling is hiding the fact that you're systematically betting...

read up on the MIT crew and the stratergies they employed to conceal card counting... basically they would have someone on each table placing minimum bets and counting cards... when the deck became hot, they would signal to a big player who would come to the table and place large bets... if a casino sees a player simply up his bet when the deck becomes hot, they realise he's counting cards and kick him out... it took time before the casino's figured out there were a team of players casing every table...

in closing, if you're a 'pro' gambler using some kind of 'value betting stratergy' and you only have one account, you're an idiot...

366 accounts are enough?

 

[KardiniaPark]

366 accounts are enough?

More proof that Soho doesnt outlay more than $20 a week. If he was winning any of those MASSIVE bets his name and his familys name would be mud throughout the country.

$20 on the lakers at $1.10 today Soho?. Free Dim Sim for dinner, sweet!

 

[Dr Awkward]

Most corporate agencies don't ban punters for winning. I know professional punters who have been taking money off the TAB for 20 years and are still fine.

 

[Daytripper]

Most corporate agencies don't ban punters for winning. I know professional punters who have been taking money off the TAB for 20 years and are still fine.

TAB is different - its a parimutual which is designed to win no matter what bets are placed.

The sportsbetting arms are different as there is risk for the TAB involved. Basically anything where there are fixed odds offered involves a risk for the agency.

Most corporates do ban punters if they are regularly winning. Its common practice within the industry.

 

[The Royal Sampler]

part of the gambling is hiding the fact that you're systematically betting...

read up on the MIT crew and the stratergies they employed to conceal card counting... basically they would have someone on each table placing minimum bets and counting cards... when the deck became hot, they would signal to a big player who would come to the table and place large bets... if a casino sees a player simply up his bet when the deck becomes hot, they realise he's counting cards and kick him out... it took time before the casino's figured out there were a team of players casing every table...

Counting cards at blackjack and sports betting are not even remotely similar. Blackjack involves betting dependent events, ie. the outcome of previous hands directly influences the odds on the next hand. Card counters can definitively have "the best of it" when playing against the casino with a favourable count, and there's little the casino can do other than reducing shoe penetration and banning players they know to be card counters.

However as the individual quoted in the article in the OP said, all the sportsbooks need to do is put more time into setting their odds.

 

[Syrah]

I wish I could win enough to get punted by a bookie.

 

[Dr Awkward]

TAB is different - its a parimutual which is designed to win no matter what bets are placed.

The sportsbetting arms are different as there is risk for the TAB involved. Basically anything where there are fixed odds offered involves a risk for the agency.

Most corporates do ban punters if they are regularly winning. Its common practice within the industry.

Ok . I thought there were others that didn't have fixed odds as well.

 

[soho]

Most corporate agencies don't ban punters for winning. I know professional punters who have been taking money off the TAB for 20 years and are still fine.

can confirm

 

[twarby]

can confirm

he said winning mate