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You're missing his point. This line clearly is inviting money to come in on Baltimore.
No it isn't. It is clearly inviting equal money, and since it hasn't moved, that apparently is what is happening.
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You might be right, but I don't think the OP was saying he doesn't understand point spreads. I think the question is why is the spread 9.5, when I think most would have honestly guessed before the line was announced that it would be at least a couple of points less than that. (Now that it's out, everyone's an expert and would have pegged it within a half point of that, of course.)
It's the same as it opened for the Texans. Why would you expect different?
__________________
"The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane."
- Marcus Aurelius
Not sure why you're taking this incredulous ("Surely?") stance. They might be "different teams" but these two teams, with many of the same players, have a history of playing close games. This history would play into the considerations of the betting public.
Nice theory, but apparently not the case since the line is at 9.5 and hasn't moved.
1. Broncos brought a pop-gun to a knife fight. That was some dismal football you saw out there on Saturday; says more about how abysmal the Broncos are than how good the Ravens are.
2. Brady and the offense had its way against the Ravens earlier this year/ It was the most frustrating game of the year (more frustrating than Arizona) because the Patriots actually played well and had the game ripped from them by various factors.
One side of my brain tells me that the Ravens are worse for the season than the Texans in running, in passing, in stopping the run, and in stopping the pass, so... we should have a stress-free day as fans.
But the other side tells me that the individual matchups are not as favorable as last week and that a Ravens D will make adjustments that a Wade Phillips D was too stubborn to try.
I'd like the comfy stress-free option to be correct, but if I were actually placing money on it (which I don't do) I'd think 9.5 is a little large.
since the OP asked the question, ya might want to ask him why he doesn't get it.
He's just answering the question.
I am the OP, and actually, I just reject this explanation. I have always been fascinated by betting odds, and I can tell you with surety that this notion of "equal betting on both sides" is somewhat of a myth. Books set the lines, first and foremost, where they think the actual score will be; they do move the line sometimes to hedge their bets if they're afraid they will really take a huge beating, but the line is almost always set within 1-2 points of where computer advanced simulations project the mean score.
There are examples all the time of lines that were set despite knowing that bettors would overbet on one side. Last year's Super Bowl is a prime example, and a good majority of the betting came in on the Giants. Vegas knew this would happen but put their faith in long-term probabilities, which is that the Patriots win that matchup 55-60% of the time, which was consistent with most simulations. Vegas lost that bet, but they are correct 55-60% of the time. Had they really wanted to get equal betting, last year's Super Bowl would have been a pick 'em. The emotional sentiment was clearly with the Giants.