Everyday more and more people want to start betting on their favorite sports and many of them turn to their local bookie or bookmaker. This is why more and more people are looking to become bookmakers. Depending on the outcomes, bookies take a portion of the winnings or pay some percentages out.

As a bookie you probably have come across the term reverse line moves. In this article, we will go into detail to explain what this is and how you can use them to your advantage when booking wagers for a game. When you post the opening point spreads, you will usually move those numbers around over the course of the day, and the main reason for that will be that more money is wagered on one side than it is wagered on the other.

For instance, if you have a line for the Bucks that opens at -4 against the Bulls and more money has been bet on the Bucks, you will want to move the point spread to the Bucks -5 and that will attract bets on the Bulls. The point spread change makes betting for the Bulls more attractive as opposed to betting on the Bucks, and this will generate more money on the Bulls’ side. In the reverse line move, you want to do the opposite, moving the point spread to the Bucks -3, even though more bets are on the Bucks.

In a reverse line move, you want to attract more bets on a particular team, and actually have the majority of wagers on one side. To be profitable, bettors have to be correct 53% of the time, while bookies need only be correct 48% of the times to make money. Reverse line moves can also be used in baseball and hockey games, changing the odds accordingly. For example, if the Yankees are -150 against the Angels, and most bets are on the Yankees, in a normal line you would change the odds to Yankees -155 or -160. In a reverse line move, you want to move the odds down and would end up with something like Yankees -140.

Bookies looking for a way to carry out their business should consider Price per Head. Price per Head is a booking software provider that offers outsourcing solutions for local bookies and bookmaking businesses looking forward to improve their technology and software and be able to service a larger number of players, or simply to offer a high quality professional interface to their betting clients. Their software is useful for football and basketball bookmaking as well as other types of sports betting. Visit Price per Head’s website to know more about making a living as a bookie.

Also make sure you check out Price per Head’s News blog and read the latest information on major sports leagues, sportsbook news with the most recent events in the booking industry, horseracing news, gambling news stories--useful if you run an online casino or want to be informed about the gambling industry, current news, and Price per Head company news that keep you up-to-date with what happens in the industry.

By Laura Hills 

Writer for Price Per Head

http://www.priceperhead.com