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re: Vegas Line is Very Worrisome

Posted on 11/4/15 at 8:53 am to
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
86410 posts
Posted on 11/4/15 at 8:53 am to
quote:

There was a time you said LSU under miles would never beat Alabama and saban again, I remember reading that back in 2008 or 2008....remember?

quote:
Member since Sep 2014

Just saying...

Posted by kwalt1989
Life is great in the 318
Member since Oct 2014
789 posts
Posted on 11/4/15 at 8:57 am to
I got it at +6 and feel completely fine with it. Almost wanna throw something on that ML.
Posted by BullredsRus
Baton Rouge
Member since Aug 2007
754 posts
Posted on 11/4/15 at 9:05 am to
Bama is a public favorite. Just like TCU, Baylor, Ohio State, and a few others. Their lines will always be inflated by a few points. and typically a home team gets 3 points or so for being the home team. I think the line should be somewhere right around Bama-3.5. But Vegas knows that perception is reality and people still perceive Bama to be a dynasty based on what they did the last few years. Tigers are the bet here chief. And I'm not even saying to win outright, but if you want to give a top 5 team a touchdown then you take that all day long imo.
Posted by atltiger6487
Member since May 2011
19731 posts
Posted on 11/4/15 at 9:10 am to
quote:

All joiking aside, not sure why it's not -3.5/4 line, like it should be


"Like it should be?" According to who?

Are you people really this dense?

Vegas sets a line, and moves the line, to get equal money bet on each team, and Vegas collects the vig. This is how bookies operate and make their money.

The line has nothing to do with Vegas "knowing something."
Posted by Galactic Inquisitor
An Incredibly Distant Star
Member since Dec 2013
18452 posts
Posted on 11/4/15 at 9:17 am to
quote:

The line opened with the Tigers as 7 point dogs and it has not moved much at all.


This just means that the general public is betting how the bookies thought they would.
Posted by bamasgot13
Birmingham
Member since Feb 2010
13619 posts
Posted on 11/4/15 at 9:22 am to
quote:

Vegas sets a line, and moves the line, to get equal money bet on each team, and Vegas collects the vig. This is how bookies operate and make their money.


Then why, with 66% of the public money on LSU to cover, has the line not moved more in an effort for Vegas to get "equal money bet on each team"?

Vegas doesn't need equal money on each team to make money.
Posted by mattgr1983
Austin, Tx
Member since Oct 2012
2434 posts
Posted on 11/4/15 at 9:46 am to
quote:

"Like it should be?" According to who? Are you people really this dense? Vegas sets a line, and moves the line, to get equal money bet on each team, and Vegas collects the vig. This is how bookies operate and make their money. The line has nothing to do with Vegas "knowing something."


For fricks sake. Most of the posters in this thread are pulling shite straight out of their asses. You are wrong. They do not try to get even amounts of bets on teams.

The line means Vegas thinks Bama will win. That doesn't mean we can't win. What does bode well for us is that most of the money went to LSU and so the line came down a little. The line generally will move the direction that the "sharps" so it appears they are betting on LSU. If the line stayed steady while 70% of the money goes on LSU, that would be a BAD thing.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
48994 posts
Posted on 11/4/15 at 9:48 am to
quote:


Vegas must know something....


Like this time against Ole Miss? Ya big dummy.

LINK
quote:

Alabama is a 7-point betting favorite at home according to sportsbooks monitored by OddsShark.com. This has been an active line early in the week with Ole Miss opening as an 8.5-point underdog, moving down to +6.5 and now back up to +7.

Posted by Big Scrub TX
Member since Dec 2013
38370 posts
Posted on 11/4/15 at 9:50 am to
quote:

The line means Vegas thinks Bama will win.


Only if you define "Vegas" as "global bettors".
Posted by Six3
Gonzales, La
Member since Jan 2008
610 posts
Posted on 11/4/15 at 9:52 am to
Why is the line worrisome? The line is design to divide action not predict an outcome.

FWIW Northern Illinois was a 7pt dog last night to Top 25 ranked Toledo. Northern Illinois won straight up 32-27.
Posted by mattgr1983
Austin, Tx
Member since Oct 2012
2434 posts
Posted on 11/4/15 at 9:56 am to
quote:

The line is design to divide action not predict an outcome.


Wrong. Explain to me why a team could get 80% of the action, yet then Vegas will give them an extra point. It happens all the time. There is an entire betting system based off of it call reverse line movement.
Posted by Six3
Gonzales, La
Member since Jan 2008
610 posts
Posted on 11/4/15 at 10:00 am to
quote:

Wrong. Explain to me why a team could get 80% of the action, yet then Vegas will give them an extra point. It happens all the time. There is an entire betting system based off of it call reverse line movement.


WRONG!
More bets from the public are likely to be made for the favorite, possibly to such an extent that there would be very few betters willing to take the underdog.
Posted by mattgr1983
Austin, Tx
Member since Oct 2012
2434 posts
Posted on 11/4/15 at 10:09 am to
quote:

WRONG! More bets from the public are likely to be made for the favorite, possibly to such an extent that there would be very few betters willing to take the underdog.


Wait I thought Vegas only cared about balanced action? Why do they set so many lines that the public hammers the favorite on?

Go check the results on lines. Over a 10 year sample I bet favorite vs dog is almost exactly 50/50 on the results. Vegas moves lines when they realize they might have been slightly off. They discover this when all the expert money comes on on one side.

Vegas sets as accurate lines as they can, handles the variance/swings, and makes money on the juice. Simple as that.
Posted by atltiger6487
Member since May 2011
19731 posts
Posted on 11/4/15 at 11:23 am to
quote:

You are wrong. They do not try to get even amounts of bets on teams.


Care to explain, in detail please?

On any given day, a Vegas book has hundreds of bets you can make. They're not trying to pick winners, they're trying to get bettors to bet equal amounts of money on each side of a bet, and they pocket the vig regardless of who wins or loses.

Sorry if you don't understand, but that's the way it works.
Posted by TigerCoon
Member since Nov 2005
22465 posts
Posted on 11/4/15 at 11:27 am to
Shut up and take the points. What do you have against free money?
Posted by Dallasgrowl
Allen, Texas
Member since Oct 2003
7083 posts
Posted on 11/4/15 at 1:00 pm to
A 10% return while utilizing other people's cash is a great way to make a buck.
Posted by Sultan of Swing
Member since Aug 2015
263 posts
Posted on 11/4/15 at 1:01 pm to
Thinks he understands how Vegas works but really has no clue
Posted by mattgr1983
Austin, Tx
Member since Oct 2012
2434 posts
Posted on 11/4/15 at 1:06 pm to
quote:

Thinks he understands how Vegas works but really has no clue


Line opens at +7 and 80% of money comes in on an underdog, Vegas then moves the line to +8. Explain that logic to me if they want even money on both sides of a line. Thanks.
Posted by Sultan of Swing
Member since Aug 2015
263 posts
Posted on 11/4/15 at 3:00 pm to
I was agreeing with you. I know how line movement works.

I was replying to the guy that says Vegas always wants a balanced book. Not always true. Sometimes Vegas does pick a side.

When a line looks too good to be true, then moves in the opposite direction from where the money is pouring in....that's an example of the reverse line movement you mentioned and it means Vegas is picking a side. A good example of this happening was the Utah-USC game a few weeks ago
Posted by Ignignot
Member since Mar 2009
18823 posts
Posted on 11/4/15 at 3:07 pm to
quote:

Vegas must know something....


That you're a titty
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