Started By
Message

Should the CFB playoff committee replace Condi & add couple of vegas oddsmakers?

Posted on 11/13/14 at 11:17 am
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16833 posts
Posted on 11/13/14 at 11:17 am
Condi is a fan, but come on, to have her on the committee is a PR move. She's in politic and should stay in politic. I wouldn't expect the president to select Mac Brown as the next NSA.


Regarding the playoffs, if we have a bunch of 1 loss teams at the end of the season, can you rely on the current committee to select the best 4 teams? Would they select the 4 teams based on a popularity contest or will they select the best 4?

IMO, No one knows who the best 4 in terms of power rating than the odds maker.
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61834 posts
Posted on 11/13/14 at 11:19 am to
Can you stop?
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16833 posts
Posted on 11/13/14 at 11:19 am to
what is your counter argument? posting retarded questions?
Posted by Nonetheless
Luka doncic = goat
Member since Jan 2012
33001 posts
Posted on 11/13/14 at 11:20 am to
Yes bc woman
Posted by rolltide32
Fort Payne, AL
Member since Nov 2013
6514 posts
Posted on 11/13/14 at 11:21 am to
quote:

replace Condi


No

quote:

add couple of vegas oddsmakers


Yes because ROLLTIDE
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16833 posts
Posted on 11/13/14 at 11:24 am to
The Odds maker have more complete info than anyone else. They know the backup linebacker for Baylor and how many points he's worth. Can you rely any of the committee members to know that?
Posted by the_watcher
Jarule's House
Member since Nov 2005
3450 posts
Posted on 11/13/14 at 11:30 am to
I'd love someone to ask them if they are aware of point spreads. Not to get the answer as they undoubtedly are but just to see their reaction as they respond given that their number one ranked team is an 8 point underdog this weekend.
This post was edited on 11/13/14 at 11:31 am
Posted by TheRoarRestoredInBR
Member since Dec 2004
30279 posts
Posted on 11/13/14 at 11:36 am to
Jay Kornegay, Kenny White, or maybe Amaitis' latest Cantor Linesmaker,etc..all better than Condi..and dare say some others too on that committee.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16833 posts
Posted on 11/13/14 at 11:40 am to
Here's an explanation that Oddsmakers know the most and should give inputs to the CFB playoffs: We let one entity do the the other entity's job. So let's consider hypothetically:

1. If the Oddsmaker were to pick the top 4 teams, they would have no problem doing so.

2. If we let the playoffs committee make the weekly points-spreads, they would f*ck it up.

The fact that the Oddsmaker can do their job and do the committee's job, and that the Committee can't do the Oddmakers' job shows that the Oddsmaker knows most, and we need their inputs.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26575 posts
Posted on 11/13/14 at 12:44 pm to
The problem here is they Oddsmakers go by something more closely resembling power rankings. Just because Bama is favored over Miss State does not mean they are more deserving.
Posted by tween the hedges
Member since Feb 2012
20241 posts
Posted on 11/13/14 at 12:45 pm to
quote:

The problem here is they Oddsmakers go by something more closely resembling power rankings. Just because Bama is favored over Miss State does not mean they are more deserving.

Yeah came to say this...Bama is probably a Vegas favorite on everyone in the country. Probably even if they lose this week.

But are they more deserving than teams with fewer losses? No
Posted by TDawg1313
WA
Member since Jul 2009
12309 posts
Posted on 11/13/14 at 12:46 pm to
Don't have an opinion about Condi, but there is no way Tyrone Willingham should be on that committee.
Posted by Mystery
Member since Jan 2009
9003 posts
Posted on 11/13/14 at 12:53 pm to
Odds makers do not make spreads by who they think will win by how much.

They make spreads on how they feel public perception is. The goal for them is even money on both sides, not to pick the winner.

Posted by PeteRose
Hall of Fame
Member since Aug 2014
16833 posts
Posted on 11/13/14 at 12:56 pm to
"Odds makers do not make spreads by who they think will win by how much.

They make spreads on how they feel public perception is. The goal for them is even money on both sides, not to pick the winner. "

Wrong! There's no way public think that undefeated FSU is only 2 pt favorite vs 6-3 Miami.

Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 11/13/14 at 12:57 pm to
Wrong. So wrong.

The line has to be close to right or they could be risking a loss of millions from the wise guys.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16833 posts
Posted on 11/13/14 at 1:00 pm to
Oddsmakers make the lines. They then adjust the lines bases on public vs sharps. Sometimes they refuse to move the lines because they are afraid of big bets from sharps. That's why some lines don't make sense and look too good to be true.
Posted by Mystery
Member since Jan 2009
9003 posts
Posted on 11/13/14 at 1:08 pm to
When I said public I meant the betting public. Of course it will be close to what they think could happen. Bettors know what is going on.

It is way more complicated than just setting a line on who they think will win. They set it on what they can best guess the money will split.

Yes, it does move when sharks bet certain ways. Or when money is pushed on one side.

I am out but you can google countless articles about how the line is set.
This post was edited on 11/13/14 at 1:09 pm
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 11/13/14 at 1:25 pm to
Just stop posting. Thanks
Posted by Chair
New Orleans
Member since Jan 2013
2168 posts
Posted on 11/13/14 at 1:27 pm to
Yes, oddsmakers probably know more than the committee, but oddsmakers know so much because they sit there all day everyday with information. There is def some sort of staff doing a lot of the information compiling and leg work for the committee. So the information gap is probably not as big as you think.

Oddsmakers would seem o have too much conflict of interest by being on the committee. This is their life, so whether consciously or not, they would be looking to pick the best match-ups to bring them in the most money. And don't forget all the ties they have to other oddsmakers that may be trying to get a piece of their ear.
Posted by SwaggerCopter
H TINE HOL IT DINE
Member since Dec 2012
27230 posts
Posted on 11/13/14 at 1:29 pm to
quote:

The problem here is they Oddsmakers go by something more closely resembling power rankings. Just because Bama is favored over Miss State does not mean they are more deserving.


This. Sometimes the best team loses a game they shouldn't. That makes them less deserving to win the title.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram