Scalping Moneyline Bets is likeshopping for a bargain.
Essentially, scalping refers to finding the best priceon an underdog. But that’s not all. The basic conceptof scalping is to find an underdog that will pay off a higheramount than the price it costs for a losing bet on the favorite.You will find that sportsbooks often offer differing lineson the same game or event. And you can use that to youradvantage with scalping.
Here’s how it works:
Sportsbook A has the Lions/Packers game as:
Sportsbook B has this offering:
In this scenario, you could win money with no riskby betting like this:
At Sportsbook A, make a bet on the Lions at +170 in theamount of $100 to win $170. Your second wager would be abet at Sportsbook B on the Packers at a price of -155 inthe amount of $155 to win $145. If the Lions win, you collect$170 from Sportsbook A and lose $155 to Sportsbook B fora profit of $15. If the Packers win you will lose $100 toSportsbook A and win $100 from Sportsbook B, meaning you’dbreak even.
The thing is, in order to win this bet, you’ll needto have an underdog win if you are betting an equal amount.However, let’s say you like the Packers in this gameand you want to bet them. Here’s how you can use theseline differentials to your advantage.
Let’s say your regular wager is $50/unit.If you wanted to bet the Packers and are a good line shopper,you’d bet at Sportsbook B and would have to lay $77.50to win $50. However, if you want to use these line differencesyou can decrease your risk. The first bet would be $100at Sportsbook A on the Lions to win $170. The second wouldbe at Sportsbook B on the Packers in the amount of $232.50to win $150. If the Packers win, you’ll will lose$100 to Sportsbook A and collect $150 from Sportsbook Bfor a net win of $50. If the Lions win, you will collect$170 from Sportsbook A and lose $232.50 to Sportsbook Bfor a net loss of $62.50. Essentially, what you have doneis lower your initial risk to the point that you are risking$62.50 to win $50 at a price of -124. This allows you toplay the favorite at a reduced price.
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