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This is often repeated and only partially true at best. Line makers also know if they can set a line where 90% of the public bets on one side and loses, they'll make even more money. Line moves occasionally happen to encourage betting on one team, even when the public is heavily on that teams side. A good example was the 2007 Super Bowl when the line was -14, and even when 80% were on the Giants, most sports books didnt move the line (and they lost a ton of money that year).
If its -10, Vegas seems pretty confident the Pats will cover a pretty big lead.
That simply is not true. Vegas does not try to beat the bettors. They try to even the money, because then they collect the vig with no risk.
There is no way in the world Vegas is going to risk 90% of the money on one side. The gambler assumes the risk, the house makes a little chunk of everything that is bet without risk. Thats how those expensive builidings got built.
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That simply is not true. Vegas does not try to beat the bettors. They try to even the money, because then they collect the vig with no risk.
There is no way in the world Vegas is going to risk 90% of the money on one side. The gambler assumes the risk, the house makes a little chunk of everything that is bet without risk. Thats how those expensive builidings got built.
I was thinking the same thing. I always assumed the Vegas betting was not fixed by the house because they make money either way as long as the bets are even. Sort of like how the stock market works. Maybe I'm just naive, but it always seemed like better business that way.
Will be a tough game, their defense was very good and hurried, knocked down Brady many times in the first game, it was a matter of hundreds of milliseconds between sack and getting pass off. Our O-line will need to step up their game big time, don't expect another blowout!
__________________ Ice_Ice_Brady writes:
The difference is that Brady calmly calls audibles while Manning flaps like a chicken, barks 11 code words, and makes sure every camera in the stadium has documented his once-in-a-generation (and patented, I believe) ability to see a defensive formation and change the play. Both have the same effect, but Manning transcends measurable human intellect while Brady merely chooses a different play.
That simply is not true. Vegas does not try to beat the bettors. They try to even the money, because then they collect the vig with no risk.
There is no way in the world Vegas is going to risk 90% of the money on one side. The gambler assumes the risk, the house makes a little chunk of everything that is bet without risk. Thats how those expensive builidings got built.
I was thinking the same thing. I always assumed the Vegas betting was not fixed by the house because they make money either way as long as the bets are even. Sort of like how the stock market works. Maybe I'm just naive, but it always seemed like better business that way.
They keep 10% of the bet (roughly) they have no need to try to guess who will win. they aren't in the business of making bets, they are in the business of charging people for the right to bet.
They keep 10% of the bet (roughly) they have no need to try to guess who will win. they aren't in the business of making bets, they are in the business of charging people for the right to bet.
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Exactly, if theres too much bet on one side they move the line to balance the money out.
It's about encouraging Texans money to flow. They can be wiped out by too much NE money (or Texans money for that matter).
Lines get set by what the bookmakers think the betting public will accept to split the money like 51-49%. If that fails they will move the line. Doesn't matter how ridiculous the spread is - they will move it to avoid a possible catastrophe.
Well, the ones that the Patriots didn't wipe out back in 2007.
__________________
"Momentum was quickly snatched away by New England, who once again proved that any Patriot, at any moment, can make a play." —Inside the NFL, Packers v. Patriots
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That simply is not true. Vegas does not try to beat the bettors. They try to even the money, because then they collect the vig with no risk.
There is no way in the world Vegas is going to risk 90% of the money on one side. The gambler assumes the risk, the house makes a little chunk of everything that is bet without risk. Thats how those expensive builidings got built.
Again, everyone says this, but if you watch money flows and line movements, you can tell this isn't true. Early in the season is a classic example. You'll often see a team at -7 get like 75% of the money, and then the line moves to -6 and even more money comes in on them.
It's not really that rare to see 95% of the money on one team, and Vegas doing nothing, or only making small adjustments.
Again, everyone says this, but if you watch money flows and line movements, you can tell this isn't true. Early in the season is a classic example. You'll often see a team at -7 get like 75% of the money, and then the line moves to -6 and even more money comes in on them.
It's not really that rare to see 95% of the money on one team, and Vegas doing nothing, or only making small adjustments.
Everyone says it because it is true. There is never 95% of the money on one side.
Last edited by AndyJohnson; 01-06-2013 at 10:07 AM..
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Re: Early Line - Houston At New England
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