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Started By
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re: 55% of bets and 82% of total money is on Miami
Posted on 8/27/18 at 4:51 pm to atltiger6487
Posted on 8/27/18 at 4:51 pm to atltiger6487
quote:
Vegas doesn't love or hate any team.
Look, I know how this stuff works, so stop.
I meant they're going to love the tigers, because they're gonna RAKE those "losing" bets after a Tiger victory.
1
Posted on 8/27/18 at 4:59 pm to Sev09
I think there’s money to be made when one team is overvalued by the general public and one team is undervalued by the general public.
Miami is not a Top10 team. Probably Top20, but not Top10.
LSU is a top20 team. Maybe even Top15.
We’ll see what happens, but LSU getting points in this particular game in Dallas appears to me to be easy money.
Miami is not a Top10 team. Probably Top20, but not Top10.
LSU is a top20 team. Maybe even Top15.
We’ll see what happens, but LSU getting points in this particular game in Dallas appears to me to be easy money.
Posted on 8/27/18 at 5:18 pm to Oilfieldbiology
quote:
It actually looks like the general public is betting on LSU. I agree they are generally stupid, but I don’t think so in this case. Geaux Tigers!
so, the general public is generally dumb, but in this instance, they're smart, ok, lol, got it
bruh, you are the general public, if you know what i mean
Posted on 8/27/18 at 5:38 pm to Tigerinevergreen
quote:youre making my point for me. Of course some games are off balance. But books don't TRY for that - they try for 50-50.
MANY times one side is bet much more than the other side. Smaller books will sometimes lay off on that when the risk is too high for them. Typically the larger books won't.
And the fact that larger books can handle uneven games is because their risk is more spread out among a larger number of bettors and money on other games. A larger pool smooths out the overall risk.
This post was edited on 8/27/18 at 5:39 pm
Posted on 8/27/18 at 5:46 pm to LSUsince74
Gotta love Vegas. Releasing lines on the entire season- every game- in July.
Getcha some, suckas. lol
Getcha some, suckas. lol
Posted on 8/27/18 at 6:45 pm to atltiger6487
quote:
youre making my point for me. Of course some games are off balance. But books don't TRY for that - they try for 50-50.
Your point is simply an old cliche that sounds like it makes sense, but if you really think about it, it would make no business sense at all. If they succeeded in getting 50% of bets on each side, they would only make $1 for every $20 bet. How could you possibly cover all your other expenses? See you are thinking only about the bets but what about the overhead? They have to pay the staff, pay for the lines, pay the lights, pay taxes and other expenses. You think they are covering that on just juice? What about other bets? Parlays, teasers, futures etc. Of course if they are too exposed in 1 direction they may move the line to balance things out but that’s not the same as trying to get 50-50.
This post was edited on 8/27/18 at 6:47 pm
Posted on 8/28/18 at 12:28 pm to H-Town Tiger
Id say anyone who has paid attention to where the money goes on games the last few years knows that there are usually a few games each weekend where they will stand pat on a number even when 75% of the money is on the opposite side. They absolutely take stances on games when they see the opportunity to make larger sums of money
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