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re: Bama opens as 7 pt favorite over LSU

Posted on 11/1/15 at 2:24 pm to
Posted by Last call
On the lake
Member since Oct 2012
992 posts
Posted on 11/1/15 at 2:24 pm to
Of course it is how it works. Why was an unranked usc team favored over top 6 utah? Vegas thinks bama is the better team. They have their own poll and its always the most legit poll. Lets hope the tigers can prove them wrong!
Posted by TheChosenOne
Member since Dec 2005
18532 posts
Posted on 11/1/15 at 2:37 pm to
quote:

Vegas think bama is the better team. They have their own poll and its always the most legit poll.


Yea, it is and LSU is ranked #1 in thier poll. This line was set to bring in action.
LINK /
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 11/1/15 at 2:45 pm to
quote:

Of course it is how it works.


No. N it is not

quote:

Why was an unranked usc team favored over top 6 utah?


Because MORE people know of USC than Utah. More money would be on USC if just an even bet. The line is set to entice people to bet evenly on either side. USC bias (in the betting PUBLIC) accounts for that.


Bama has the same public "respect" bias.


I have family that works in the industry. A bookmaker has stated that IF "vegas" knew that the New England Patriots were going to wear LSU uniforms and play in the game....AND the public did NOT know it...the line would be exactly the same.


The opening line is ONLY a guess as to where the money wants to go. Otherwise, the line would never MOVE. It moves because of betting. So, BETTING controls the line. Not the expectation of the "vegas"


Posted by thegreatboudini
Member since Oct 2008
6461 posts
Posted on 11/1/15 at 2:48 pm to
quote:

Of course it is how it works. Why was an unranked usc team favored over top 6 utah? Vegas thinks bama is the better team. They have their own poll and its always the most legit poll. Lets hope the tigers can prove them wrong!




LINK
Posted by warlock1974
Prairieville
Member since Jan 2015
1704 posts
Posted on 11/1/15 at 6:55 pm to
quote:

This is not good news for tiger fans. Vegas is better than anyone knowing who the better team is

quote:

That is not how it works

quote:

Of course it is how it works.


Good grief, how many times will this have to be explained?

The line that Vegas puts out is NOT how they think the game will end. It is what they think is necessary to get an equal number of bets for each team.

Didn't you ever notice that the line changes during the week? It isn't because Vegas has changed their mind about the outcome of the game. It is because there are more bets on one side and they need to change the line to try to get back to an even number for each team.

Trust me - I learned this from my family who REALLY know how it works.
Posted by Big Scrub TX
Member since Dec 2013
33603 posts
Posted on 11/1/15 at 7:13 pm to
quote:

Of course it is how it works. Why was an unranked usc team favored over top 6 utah? Vegas thinks bama is the better team. They have their own poll and its always the most legit poll. Lets hope the tigers can prove them wrong!


"Vegas" = global betting market. The wisdom of crowds is probably better wisdom than any individual, but it is still just a probabilistic statement and not an absolute one.
Posted by RB10
Member since Nov 2010
44021 posts
Posted on 11/1/15 at 8:08 pm to
quote:

Of course it is how it works. Why was an unranked usc team favored over top 6 utah? Vegas thinks bama is the better team. They have their own poll and its always the most legit poll. Lets hope the tigers can prove them wrong!




You're an idiot and clearly have no clue how Vegas operates when it comes to sports betting.
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