08-18-2011, 03:34 AM
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#4
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Veteran Starter w/Big Long Term Deal
Join Date: Sep 2008
Posts: 8,115
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Re: How do Vegas oddsmakers handicap preseason games?
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Originally Posted by Joker
they set lines to attract money to both sides of the line...their object is to get as close to 50% money bet on both sides of the line...the initial line is worked out using whatever information they see as relevant to the outcome. If ,for example ,they KNOW that one team's starting QB will not play and the other team's starter will play 3 quarters, then you'll see the line skewed toward THAT QB and team to OPEN...but wherever the money flows ,if it's out of whack one side or the other then they will adjust the line, either up or down to attract money to the other side.
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Pretty much this right here. Good answer by Joker.
In the instance of betting pre-season, taking a plethora of underdogs is never a bad idea--possibly even on the straight money line.
But yes, you are quite right in your assessment of it being a "coin toss."
I attribute it to be very similar to setting the lines/betting on exhibition baseball.
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