Chicken USA Fan Jackassistan Member since Aug 2003 7332 posts
Bookie report: Is Billy Walters responsible for BCS line move?
(Posted on 1/12/12 at 2:39 pm)
quote: Stories out of Birmingham speculate the move was driven by none other than Billy Walters himself, pile driving the line from LSU -1.5 to Alabama to -2. One of my primary responsibilities as a bookmaker is to recognize customers whose opinions are worth valuing however for this game I’d be lying if I said the betting pattern hasn’t been unusual.
re: Bookie report: Is Billy Walters responsible for BCS line move? (Posted on 1/12/12 at 2:52 pm to Mr. Hangover)
Betting lines are set to get even money on bets. Bookies and casinos want a 50/50 split and take the juice. When the line pushes bigtime, as it did the day before this game, this means that extreme money or volume are going to one team so they move the line to get people to stop going one sided. Moving this line the day before by 4 points due to betting movement is unheard of so therefore people say information was leaked of a fixed game in favor of Gumpland.