Using Reverse Line Movement To Win

We tracked the top five books for each of the pointspread sports for the last two years, as as you can see, this strategy has been profitable in every sport. Keep a close eye on Canbet here, as that Australian sportsbook cracked the top five both years.

. Another important recommendation is to use a slow moving (but reliable) sportsbook.

Thus, following reverse line movements is the same thing a following the smart money. All of this will be fun to follow (not to mention profitable) when every sport except baseball are going on simultaneously during the winter months.

http://prosportsonline.net

So what exactly is reverse line movement? RLM takes place when a large majority of bets are on one team, yet the line moves in the opposite direction. The records quoted below are based on the bets being made at the triggering books, so beating the move by a half-point or a few cents now and then would actually make your record even better.

The highest two-year winning percentage using RLM from the top five books belongs to College Football, which went 480-341-10, 58.5 percent, +95.10 units. So what we recommend is to only use the top five each season for each individual sport (in terms of units won). Sure, using this approach leaves open the possibility of the line turning around and moving back against you, but as you will see in bit, betting as soon as an RLM qualifies has been profitable in every major North American sport such as the last two seasons, so if one line turns around, so be it. Keep in mind that NCAAB was the most liquid sport in terms of top-five sportbooks however, with not a single sportsbook making the top five both years. Last year was a good RLM season for NFL sports betting (45-29, 60.8 percent, +11.91), but two sportsbooks that were in the top five in NFL RLM in both seasons.

By: Manny G

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To back this up, our friends over at Prosportsonline.net have tracked the records for games where over 60 percent of the public has been on one side, yet there was reverse line movement of at least one full point from the opening number at the top sportsbooks in NFL, NCAAF, NBA and NCAAB. This may enable you to get the stale more favorable sports betting line at the time the reverse line movement hits at the triggering Sportsbook. Furthermore, they list the RLM records for many individual sportsbook, making it easy to spot which books this system is working at and which books it may be best to ignore.

Also, games where over 60 percent of the public are on one side, yet there is reverse line movement of at least 10 cents on the Money Line from the opening number at the top five sportsbooks in MLB and NHL sports betting has also been profitable. To illustrate, let us say that San Diego Chargers open at -7 over the Miami Dolohins, and over 70 percent of the sports bets placed on the game are on San Diego. Carib ruled the roost season at 93-66-9, 58.5 percent, +18.55 units after ABC held the penthouse spot in the 2007-08 season.

prosportsonline.net

NBA sports betting has the lowest two-year five-book RLM winning percentage among the 11/10 sports, but then again, every gambler in the world would kill to go 382-301-9, 55.9 percent, +48.90 units, and the 57.5 percent win rate this past season is nothing to sneeze at. However, instead of the line rising as you might expect, it instead drops to Chargers -6. This would make Miami +6 the RLM play.

So what causes RLM when the aim of most sportsbooks is to get as close to balanced action on both sides as possible? The answer to this is quite simple: the sharp bettors; the one’s who give sports betting advice. Keep an eyes on the top five sportsbooks at Sports Insights though, as NCAAF sports betting has been very liquid in that regard, with only one sportsbook (believe it or not, Bodog) finishing in the top five both years.

Now do the sharps win every single time? Absolutely not! However, they are right more often than they are wrong, so being on the same side as the sharps is a prudent strategy over the long run, and again, the best thing is that there in absolutely no conventional sports handicapping necessary..

College Basketball sports betting was not too shabby either, with a two-year mark of 492-356-22, 58.0 percent, +91.96 units. The huge problem with this is that the nfl line, ncaaf line or nhl line may have moved too much by that time, and all of the value has been sucked out of the unpopular side.

The proper way to make a sports bet using reverse line movement is to place your bet as soon as there is an RLM of one full point (or 10 cents in MLB and NHL) off of the opening line. Note that these records are for sides only and do not include totals.

The NFL sports betting is generally considered the toughest sport to beat, yet blindly following this method produced an exceptional 59.2 percent win rate last season, improving the two year record to 328-249-12, 56.8 percent, +59.06 units. It should be noted that many fewer MLB games have qualified so far this season (is the whole world using RLM now?), but smaller profits is still profit.Again, these records are for Money Lines only and do not include totals.Finally, NHL sports betting has picked up 148.49 units in two years, and unlike MLB, NHL had four sportsbooks out of the top five gain double-digit units this past season. Quite a few RLM followers watch the moves until almost game time, and then bet accordingly. RLM takes place when more money/ sportsbook picks are bet by the small percentage of bettors that are on the unpopular side (the sharps) than is bet by the huge majority of players betting the popular side (the squares). This is where an important word of caution is in order though

Betting On Oil – CBS News

People were worried prices would go up because of the conflict, but it wasn’t effecting the price of oil. It takes a lot of guesswork and speculation is abound. “You are betting on a future price. “It’s very simple,” Hennessey explains. You take into consideration outside effects on the price like hurricane season and the war in the Middle East. The Middle East war is a good example. “I think it is very dangerous to kind of play the oil game and bet on where the price is going to be,” Hennessey warns. But do you know what it takes to bet the markets on crude? Ray Hennessey, editor of Smartmoney.com offers some advice that might fuel your interest.

A lot of people have heard about investing in oil on the stock market, but aren’t too sure where to start or what to do. That’s why we’ve seen oil prices come down,” Hennessey points out. “What you had here was demand going down. So you are betting on futures, not stocks.”

In the end, supply and demand always wins when it comes to betting on oil prices, he says. “These are things you have to think about when you are investing in oil,” advices Hennessey.

For additional and more extensive investing and personal finance content from SmartMoney.com, click here.

by Jenn Eaker

You can trade oil through trading in the oil pits, oil exchange-traded funds, which are like stocks, or you can actually bet on the Exxons of the world and get your dividends that way. All rights reserved.

In essence, you are taking a guess on what the price of oil will be in a month, two months, up to 30 months down the road. “You can, however, bet on the professionals that do it.”.

Falling oil prices may signal not just a good time to invest in a new tank full of gas but also in oil itself. “Here in the US we aren’t using as much oil as we need to.” This was why the higher prices people were predicting turned out to be wrong.

Copyright 2006 CBS

Tipping Slot Attendants In Las Vegas

Out of all of these customers, one may hit a jackpot. You should decide for yourself whether you want to tip a slot attendant. I also do not have to stumble with placing 2-3 quarters in her hand each time she brings me a new drink.

Others suggest that tipping the slot attendant is a waste of money and will never do it. The cocktail waitresses, the slot attendants, and all other casino personnel have no incentive to be friendly, prompt, and courteous to the casino patrons.

Just because I won a $500 jackpot does not mean that I am ahead $500. I don’t think so.

If you go to the same casino to play on a regular basis, a repeat customer, then you should always tip the slot attendants. If your slot attendant is rude, cash out, talk to a floor supervisor, and then move onto a new casino.

Tipping slot attendants is simply the right thing too do.

If you win a jackpot and don’t tip the slot attendant, and then receive poor and rude service from the slot attendant, quit playing. I may have lost $700 before I won the jackpot. Every time those casino policies have failed. Instead, the casino wants to verify that the win is authentic, and then have the slot attendant pay me my winnings.

Further Thoughts on Slot Attendants

Whether you choose to tip the slot attendants or not is a very personal choice. I call hors manure on that. Good tips can encourage great customer service. Explain to them how you won a mini-jackpot and was going to keep gambling here but instead you are taking your winnings to a different casino to play because you are tired of the slot attendant who is very rude too you, simply because you did not give her a tip.

It is a scam. A lot of their income is based on tips. Here are both sides to the story.

The debate on whether you should tip your slot attendant or not rages on. I then usually receive many drinks and get them without waiting. For what? The slot attendant did nothing but take 3 minutes of her time to pay me my earnings.

In todays world the casino could just as easily have the machine spit out a ticket and then I could take it to the cashiers’ cage to redeem my earnings.

As for the other casino staff such as cocktail waitresses and blackjack dealers, if you tip or not is up too you. Most of them will lose. You should never feel forced to tip a slot attendant. Slot attendants do not deserve a tip and never have.

Most slot attendants will tend to be courteous, even if you do no tip them. Image Credit: (Flickr/sophistechate)

Become A Slot Tech In Las Vegas

All Day Long Buffets In Las Vegas. The problem though, is that in order to survive the slot attendant needs to receive tips.

Tipping is very personal, at the restaurant if you are not a regular tipper but you always eat there, then be prepared to have mucus in your food. I tend to give a large tip too the cocktail waitress the first time I see her. It is all luck.

Their have been casinos in the past that have tried a no tipping policy.

The slot attendant will then stare at you, hoping for tip. Cash out your machine and find a floor supervisor or manager. Did the slot attendant give me money last week when I lost money?

No, Don’t Ever Tip the Slot Attendants

I gamble my own money, I get lucky and win $500, and now I am suppose to tip the slot attendant who simply paid me the cash? It is a scam. Maybe in the old days, before all of this new computer generated tickets, I would consider tipping the slot attendant. The slot attendants do not know any better then you do which gaming machines are the best too use. They can get you paid out faster, and they will let the cocktail waitresses know that you tip so your drinks will come more often without waiting.

A slot attendant always needs to be polite and courteous to players regardless of whether they receive a tip or not. The customer then thinks they won because the slot attendant pointed them too the machine originally. Many people feel if they hit a jackpot, regardless of the size, they should tip the slot attendant because he or she was the one that paid out the jackpot. As For Slot attendants, the only thing they can do is be rude too you. Each night the slot attendants play a game of numbers. They can point you out too machines that tend to pay off more often.

Yes, You Should Always Tip the Slot Attendants

Slot Attendants generally work for minimum wage. Casinos want players to keep playing after they win a jackpot, not pack up and move to a competitor’s casino.

The casinos that have tried to the no tipping policy have paid higher than minimum wage to their workers, but it was still not enough.

Many people who like to tip say “well the slot attendant pointed out the good machines too use”. They point many customers to many different machines. If this happens multiple times a casino will then either retrain the slot attendants in customer service skills or fire them.

The debate has raged on for years. It is very hard to survive in Las Vegas on minimum wage.

If you feel that you have received excellent customer service in a casino and want to tip the person or people, then go right ahead. On the same token, if you feel a customer does not receive a tip then do not tip them. Did the slot attendant pitch in on the money I put in the machine? No. These people feel that the only thing the slot attendant did is put a ticket in the machine and count out your cash.

If I have to tip a slot attendant to keep him or her happy then I will simply spend my money elsewhere. That means I am still down $200, and the slot attendant wants a tip