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Why are the oddsmakers so in Bama's corner?
Posted on 11/4/11 at 8:51 pm
Posted on 11/4/11 at 8:51 pm
Seems like Vegas is all about the Tide, or am I reading this wrong?
I think a lot of these guys are going to be shocked.
I think a lot of these guys are going to be shocked.
Posted on 11/4/11 at 8:52 pm to Tigahs24Seven
quote:im guessing you dont bet much
Why are the oddsmakers so in Bama's corner?
Posted on 11/4/11 at 8:53 pm to Tigahs24Seven
Vegas is looking to make money off of suckers.
Posted on 11/4/11 at 8:53 pm to Tigahs24Seven
Oddsmakers want equal money on each side of the line so they can collect the juice. If the line moves one way or another it's not because of the odds makers, it's because of the betting public.
Posted on 11/4/11 at 8:53 pm to Tigahs24Seven
Oddsmakers could care less who wins the game. All they want it for an equal number of bettors to win and lose. They make their money off of the juice. Bettors set the line.
Posted on 11/4/11 at 8:53 pm to Fearthehat0307
Nope. Not my thing, so maybeI am reading this wrong.
Posted on 11/4/11 at 8:54 pm to Tigahs24Seven
quote:
Why are the oddsmakers so in Bama's corner?
Refs are in their pocket?
Posted on 11/4/11 at 8:55 pm to TigerBite
quote:
Oddsmakers want equal money on each side of the line so they can collect the juice. If the line moves one way or another it's not because of the odds makers, it's because of the betting public.
This. We could be ten times the team Bama is. But if more than half the money is being put down on Bama, then it will be the favorite. The bookies will continue to raise the line until the betting evens out.
Posted on 11/4/11 at 8:58 pm to Tigahs24Seven
quote:This is funny.
oddsmakers so in Bama's corner
Posted on 11/4/11 at 9:00 pm to Tigahs24Seven
quote:Your real question IS:
Why are the oddsmakers so in Bama's corner?
Why has the betting public set a Bama -5 line?
Posted on 11/4/11 at 9:01 pm to RhodeIslandRed
quote:
Oddsmakers could care less who wins the game. All they want it for an equal number of bettors to win and lose. They make their money off of the juice. Bettors set the line.
75% of bettors bet LSU. guess Vegas failed.
Posted on 11/4/11 at 9:01 pm to JudgeHolden
Thanks. Makes more sense now. However, one more stupid question. What the hell is "the juice"
Posted on 11/4/11 at 9:03 pm to LSUzealot
quote:
75% of bettors bet LSU. guess Vegas failed
Sharp money is on Bama. Whcih is an indicator that Alabama is the right play.
This post was edited on 11/4/11 at 9:04 pm
Posted on 11/4/11 at 9:21 pm to Tigahs24Seven
quote:
Seems like Vegas is all about the Tide, or am I reading this wrong? I think a lot of these guys are going to be shocked.
OR....they are trying to encourage more betting....hence, more $
Posted on 11/4/11 at 9:25 pm to Tigahs24Seven
quote:Juice is the 10% bookies make no matter who wins.
What the hell is "the juice"
That's why they want even betting.
Half the $$ on Bama, half the $$ on LSU. Rake/Juice the 10% regardless.
Posted on 11/4/11 at 9:26 pm to DennyChimes10
quote:It's actually the opposite.
Sharp money is on Bama. Whcih is an indicator that Alabama is the right play.
On a straight money line, yes.
Posted on 11/4/11 at 9:28 pm to Tigahs24Seven
quote:
"the juice"
The juice is the extra money you put down that you don't win back. i.e. You have to bet $110 to win $100 on an even money bet.
Posted on 11/4/11 at 9:28 pm to LSUzealot
quote:
75% of bettors bet LSU. guess Vegas failed.
That was on Bodog. The actual brick and mortar books are experiencing variance from book to book on who the money is on. None of the big money has been placed yet, evidenced by the fact the line has barely moved.
Posted on 11/4/11 at 9:54 pm to lsu31always
Vegas gives Alabama 6 points when they play just because of the SEC Officials. OPS'' THE alabama officials.That is a fact.In side information; I live there 6yrs.and have some connection to know what I'm talking about. :
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