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mrcaniac

Joined: 11/27/2012 Posts: 637
Likes: 207


That was Bookies


and was illegal.


It's like back before the Virginia Lottery started, there was "The Numbers". It was just like the lottery except that it was underground, and instead of going to the store to cash your ticket in, a guy showed up at a pre-arranged location and gave you a sack of cash. When the lottery started, it hurt The Numbers but didn't kill it because the guys that ran it still sold their tickets on credit which the Lottery Dept will not. Plus, the guys running The Numbers just started using the Lottery Dept's drawings as their numbers too.

With the Bookies doing the point shaving, they would go to the players and get them to make sure that whichever way the action was going on the betting, that the point spread would be in favor of the "house" and not the bettors.

(In response to this post by EDGEMAN)

Posted: 05/11/2018 at 3:14PM



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Current Thread:
  Interesting that future plans for Colonial Downs (link) -- manassashoo 05/12/2018 08:36AM
  Betting on college sports is legal. -- reestuart 05/11/2018 1:38PM
  How about "point shaving?" -- EDGEMAN 05/11/2018 1:52PM
  That was Bookies -- mrcaniac 05/11/2018 3:14PM
  Casinos hate that. None want that to ever happen. ** -- reestuart 05/11/2018 1:53PM
  There's certainly an argument for it -- Pylons 05/11/2018 1:12PM
  NCAA & Feds are not coming around. -- Atlee Hokie 05/14/2018 4:24PM
  Governor says money would come direct from -- Pylons 05/11/2018 1:19PM
  Will any other schools get a cut? ** -- EDGEMAN 05/11/2018 1:53PM
  No clue ** -- Pylons 05/11/2018 2:06PM
  WV -- Millpoint 05/12/2018 2:25PM
  True -- Millpoint 05/12/2018 09:59AM
  What states would take them? ** -- RJHokie 05/11/2018 3:31PM
  I could see them go for that, for sure. ** -- reestuart 05/11/2018 12:05PM

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