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Message
re: Bookie says they won't play
Posted on 8/31/10 at 11:58 am to Zach
Posted on 8/31/10 at 11:58 am to Zach
quote:
A guy bets a thousand last week on LSU -1; The line moves to LSU -4 with the announced suspensions. The same guy then bets a thousand on UNC +4. If LSU wins by a field goal the guy cleans up on both bets. Multiply that times all the gamblers that will use this strategy and Vegas gets creamed
Not that I have lots of sympathy for bookies, but the line moves to LSU -4 not because of the announcement about players sitting, but because the betters drive it there due to the announcement. And if there's a lot of money put on UNC + 4, that will drive the spread wider. Vegas is all about balancing the book.
This post was edited on 8/31/10 at 12:04 pm
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