Should You Ever Bet the Opposite Side of a Wager if You Lose Value? Do You Buyback?
In this Bet with Ace clip, professional sports bettor Gianni the Greek answers the question of how to address dealing with a wager where the value is gone and whether you should consider a buyback or betting the other side.
What is line movement in sports betting?
Line movement in sports betting is the change in the point spread or moneyline odds of a game from when it is opened to when it is played. This can happen for a number of reasons, including injuries, weather conditions, or changes in public perception of the teams involved.
Why is line movement important?
Line movement can be a valuable tool for sports bettors. By understanding why the line is moving, bettors can make more informed decisions about their bets. For example, if the line on a game moves significantly after an injury, it may be a sign that the team that lost the player is now at a disadvantage. This could be a good opportunity to bet on the other team.
Line movement can be a valuable tool for sports bettors, but it is important to remember that it is not always a reliable indicator of the outcome of a game. By understanding why the line is moving, bettors can make more informed decisions about their bets and improve their chances of winning.
Known in the sports betting industry as Ace, Vegas-Runner, & Gianni, the Greek professional sports bettor & handicapper Gianni Karalis has been known as one of the most esteemed movers in Las Vegas for over 20 years. VR broke into the industry as a bookmaker in Philadelphia in the late 1980s, and by the mid-90s, he was moving steam with the most profitable and respected betting syndicates at that time. Information was not as readily available back then, and the multiple wiseguys these groups bet for won at a rate unimaginable by today’s long-term winners.
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