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Published: 31.05.2024

Who are sports betting wiseguy

What is a Wise Guy in betting? A Wise Guys in betting are. Our team here at Sports Information Traders has three successful wise guys of our own with our founder, lead handicapper and NFL expert, Jon Price, who's backed. A professional or experienced better who is known for having inside information and expertise on a particular sport or event. Sportsbooks pay much closer attention to a recognised wise guy than they would to an average bettor. Billy Baxter, a jovial Georgian who frequently gets the best of any wager he makes, has earned enough money from sports betting to live in an elegant home.
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Billy Baxter, a jovial Georgian who frequently gets the best of any wager he makes, has earned enough money from sports betting to live in an elegant home. Sportsbooks pay much closer attention to a recognised wise guy than they would to an average bettor. Sports Ilustrated's glossary of betting terms defines "wise guy": Handicappers, sharps and professional bettors with vast knowledge of the. Wise Guy Sportsbook is who are sports betting wiseguy top online sportsbook and gambling destination in the world. Wise Guy Sportsbook is a sportsbook providing sports betting to millions.

The Enigmatic Figures Known as Sports Betting Wiseguys

Within the realm of sports betting, there exists a group of individuals who operate in the shadows, wielding exceptional knowledge and insight that sets them apart from the casual punter. These enigmatic figures, known as sports betting wiseguys, are revered for their ability to consistently beat the odds and make savvy wagers that defy conventional wisdom.

The Attributes of a Wiseguy

A sports betting wiseguy is characterized by their deep understanding of the intricate workings of sports, from analyzing player form to scrutinizing team dynamics. They meticulously study statistics, trends, and injury reports, allowing them to make informed decisions that increase their chances of success.

Wiseguys are adept at identifying value in betting lines, often spotting opportunities that elude the average bettor. Their keen eye for spotting discrepancies in odds enables them to capitalize on mispriced markets and make profitable bets over the long term.

The Quiet Operators

Unlike the flamboyant personalities often associated with the world of sports betting, sports betting wiseguys prefer to operate discreetly, shunning the limelight in favor of anonymity. They avoid drawing attention to their activities, recognizing that staying under the radar is essential for their continued success.

Wiseguys are known to place large, strategic bets with confidence, demonstrating a calculated approach to risk-taking that sets them apart from impulsive gamblers. Their disciplined mindset and analytical acumen shape their decision-making process, enabling them to navigate the complex landscape of sports betting with precision.

The Legacy of the Wiseguys

The legacy of sports betting wiseguys is built on a foundation of skill, discipline, and a relentless pursuit of excellence. Their ability to outsmart the odds makers and outwit the competition has earned them a mythical status in the world of sports betting, leaving many in awe of their uncanny ability to consistently stay ahead of the game.

While the identities of these sharp-minded individuals may remain a mystery to the general public, their impact on the sports betting industry is undeniable. They serve as a reminder of the power of knowledge and expertise in an arena where luck often reigns supreme, setting a standard of excellence that aspiring punters can only hope to emulate.

What is "wise guy action"?

Who are the most successful sports gamblers? BIlly Walters

Who runs Draftkings sportsbook? DraftKings

Company typePublic company
Founded2012 Boston, Massachusetts, U.S.
FoundersJason Robins Matt Kalish Paul Liberman
HeadquartersBoston, Massachusetts , U.S.
Key peopleJason Robins (CEO) Paul Liberman (COO) Matt Kalish (CRO)

In 2023, Walters, along with Billy Baxter, "Roxy" Roxborough, and "Lefty" Rosenthal, was inducted into the Sports Betting Hall of Fame at the Circa Hotel and Casino in Las Vegas. His plaque reads: "BIlly Walters is known for being the greatest sports bettor of all time.

Who is the owner of World Sports Betting? Warren Tannous

Who is the luckiest gambler in the world? Anargyros Nicholas Karabourniotis (Greek: Ανάργυρος Καραβουρνιώτης, born November 1, 1950), commonly known as Archie Karas, is a Greek-American gambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in casino gambling history, simply known as The Run, when he ...

Who are the industry leaders in sports betting? Biggest sports betting companies

Sports Betting CompanyMarket Cap (as of Aug. 16, 2023)
MGM Resorts (NYSE:MGM)$15.4 billion
DraftKings (NASDAQ:DKNG)$12.77 billion
Caesars Entertainment (NASDAQ:CZR)$11.54 billion
Wynn Resorts (NASDAQ:WYNN)$10.82 billion

Who creates sportsbook odds? Sportsbooks typically have a head oddsmaker overseeing the odds and lines for games. This oddsmaker relies on sources such as computer algorithms, power rankings and outside consultants to set prices.

Established by Warren Tannous in 2002 and licensed and governed by the Gauteng & National Gambling Board, World Sports Betting has grown into a global online and retail operation World Sports Betting is an established casino, racing and sports book operation with an existing staff compliment of approximately 1000 ...

Who are the wise guys in sports betting? And today we're here to discuss what the term wise guy means now when people talk about wise. Guys they're really just talking about professional bettors you'll also hear people use the term sharp or

Who are sports betting sharps? Sportsbooks look to identify actions and patterns to identify sharp bettors, which are defined as the skilled sports bettors that win money over the long term. In poker, a mannerism that allows your opponent to gain knowledge of your hand's strength is called a Tell.

Cigar Aficionado

But the books still have to spread all the college action on a given Saturday. It creates opportunities for bettors who can focus on an obscure conference that the linemakers don't pay much attention to. This also comes in handy when a little known team is playing a famously regarded one. To attract action for the little known side, the sports book needs to skew the odds in that team's favor.

That is when guys like S. What the hell do you know about the Zips. And you won't bet on them. Guys like S. Because of him and his type, casinos put limits on the action they will take from people who are known to be smart bettors. This isn't the case with blackjack, craps and other casino games, where large bets are welcomed from guests who surely lose more than they win.

But if you walk into a number of the sports books around town, make a series of bets for the limit, and arouse even the slightest amount of suspicion -- say, walking in and out of the casino between wagers, which shouldn't exactly raise the red flags -- you may not be allowed to continue placing bets that day. I know this for a fact because it happened to me at a major hotel-casino.

It seemed an odd way to treat a big-spending customer -- especially one who would eventually wind up losing two of his three bets. It seems that if some sports book managers see someone betting the limits, walking in and out between wagers, they figure that the bettor must know something or be in cahoots with someone.

Well, yes, acknowledges the manager at the sports book where my limit bets were cut off. But "it looked like you were getting outside information," he tells me, acting vague about the exact nature of "outside information" that would upset him. Then he cuts to the chase: "The nature of this business is that we only want people to bet if they have less information than us.

We want the money. Not surprisingly, most big bettors side with S. Billy Baxter, a jovial Georgian who frequently gets the best of any wager he makes, has earned enough money from sports betting to live in an elegant home around the corner from Mike Tyson's place. Who are sports betting wiseguy There wouldn't be demand for these offshore places if Las Vegas had done what it should have.

Hotels ought to let you phone in bets from anywhere in America. And instead, "you've got other countries selling [bookmaking] licenses to guys and making money instead of Las Vegas. Regardless of what limits the casinos set, Baxter says that his edge resides in an ability to observe a sporting event, analyze play, and use a series of arcane details to figure out the best player no, he will not reveal those details.

Baxter says that this ability has allowed him to manage three undefeated professional boxers, including former junior lightweight champion Roger Mayweather. The secret of his success with the fighters, Baxter says, resided in a knack for matching up his guys against subtly weaker opponents.

He applies the same thinking to other one-on-one sports. Hence, golf and tennis have been very good to him. But he's probably He couldn't win in a million years -- not because he's a bad tennis player but because the surface there is not the surface he plays well on. I took on a guy named Sergi Bruguera a few years ago, the first year he won it.

He's great on a clay court and I knew it. The next year he came back and won it at Like all serious bettors, Baxter is careful about timing his wagers -- always looking for the best point spreads. He and other bettors love making halftime bets, which allow gamblers to watch the first half of a game closely and place money on the second half's outcome, often benefiting from linemakers who don't have the luxury of viewing a single, particular game as carefully as a bettor might.

Peter Ruchman agrees that halftime action ranks among the best in town: "Oddsmakers can't see every game, so what they often do is take the spread and cut it in half. It's a gift. Photo: who are sports betting wiseguy You've seen what they haven't. John's are playing. Oddsmakers are not looking at Bowling Green. What often happens is that the team leading at lets up during the second half. The losing team will take wild risks to catch up and will not score many points either, because that team wasn't any good to begin with.

This situation makes an under bet" -- betting that the score will be under a certain total as opposed to over it -- "the best bet in the world. Not surprisingly, casinos offer numerous other bets that are anything but the best in the world. Among the worst are parlays, in which the sports books allow bettors to wager on several teams that all need to win for the gamble to pay off.

Tourists love making these bets because they provide cheap wagers on whole afternoons of games. The potentially big payout of , for a three-team parlay, doesn't hurt, either. But Marc Nelson, director of ancillary gaming for the newly opened Palms Hotel and Casino, acknowledges, "Parlays are a losing proposition.

He says that a better deal can be found in certain types of teasers -- so named because bettors lose payoff odds in exchange for the point spread being teased up or down. A lot of books put that bet at because it is such a strong bet. Even though serious bettors consider proposition wagers to be goofy, Nelson maintains that some can be favorable -- so long as you think through the proposition being offered.

I bet it under because he hardly ever gets the ball. As it turned out, he was in the game for only two plays, he got the ball once, and ran a yard. There's another proposition, the three-unanswered-score proposition -- where you bet that one [football] team will score three times without the other team scoring once.

Everybody bets that it won't happen, but it happens between 70 and 80 percent of the time. With those proposition bets, it is a matter of perception. In the end, regardless of the wager, perception is the thing that bettors thrive on. It's about how you perceive the line, the competing teams, the flow of action.

It ultimately comes down to absorbing as much information as you can and reaching conclusions that will be truer than those of the sports books and the other gamblers. Billy Baxter, who eschews elaborate computer programs and describes himself as "a pencil-and-paper guy," makes it sound simple: "I come up with a number, and if my number is different from that of the sports book, I bet it.

There's nothing else to do. You've got to be smarter than they are or else you lose. Adam Beaudry wasn't planning on creating a cigar room, but after being gifted a brand new humidor, …. The event included Florida Gov. Without getting to philosophical or anything, the world will always have leaders and followers. Some people are born to go against the grain and question the status quo while most are content with just floating downstream to avoid rocking the boat.

In the sports betting industry, it is no different. The leaders are the ones making smart bets and getting the sportsbooks to react to their action, while the followers are usually mixed in with the general betting public and stuck betting on favorites with terrible lines and odds. Wise guys were generally linked to illegal betting and mafioso run sportsbooks, while it has now turned into a compliment with the general acceptance of sports betting.

Sportsbooks pay much closer attention to a recognised wise guy than they would to an average bettor. Both bettors could make the exact same size bet on the same team and the book would not flinch at the bet from the square.