Triumph
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CLICK HERE to Register for a free account and login for a smoother ad-free experience. It's easy, and only takes a few moments.Vegas loves it lately when people bet on the Pats, they end up making a killing.
I know this gets said again and again yet people don't seem to understand that Vegas doesn't set the lines based on who they think will win anything. It's set by where the people's money is going. Vegas doesn't care who wins what. All they're doing is trying to get an even 50/50 bet for and aganst. They are happy with getting "the Vig". All that's being reflected is where the fans are putting their money. It seems there are lots of people who are still betting the Pats. That's all that's beng reflected.
Which means that people who are backing up their opinion with their money have created those odds. THEY set the odds based on who they collectively expect to win. Don't know why that is less significant than who 'Vegas' thinks will win.I know this gets said again and again yet people don't seem to understand that Vegas doesn't set the lines based on who they think will win anything. It's set by where the people's money is going. Vegas doesn't care who wins what. All they're doing is trying to get an even 50/50 bet for and aganst. They are happy with getting "the Vig". All that's being reflected is where the fans are putting their money. It seems there are lots of people who are still betting the Pats. That's all that's beng reflected.
Vegas loves it lately when people bet on the Pats, they end up making a killing.
I know this gets said again and again yet people don't seem to understand that Vegas doesn't set the lines based on who they think will win anything. It's set by where the people's money is going. Vegas doesn't care who wins what. All they're doing is trying to get an even 50/50 bet for and aganst. They are happy with getting "the Vig". All that's being reflected is where the fans are putting their money. It seems there are lots of people who are still betting the Pats. That's all that's beng reflected.
The odds are for NE to win the 2011 SB. Where can you bet that NE wont win the SB?
It seems that those in Vegas have a much higher view of our chances than those on this board.
How do you explain the NE vs Pitt spread at 2.5? NE supposedly owned Pitt. So how does 2.5 points draw folks to lay money on Pitt? I knew NE was going to lose that game the second I saw the spread just like I know NE will beat the Giants today.
Also, prior to this season Vegas had Pitt winning that game.
If NE goes on a run of wins, the spread will go down because the odds of them winning it all increases. Vegas very much has a feel for who is going to win or lose in these games. Past trends, injuries, travel, everything is taken into consideration.
Are they always right? No, but how often have you seen them set a spread and nail it?
Which means that people who are backing up their opinion with their money have created those odds. THEY set the odds based on who they collectively expect to win. Don't know why that is less significant than who 'Vegas' thinks will win.
The point-spread Gospel according to Vegas comes from - 03.10.86 - SI VaultThe Line does not really reflect deep analysis of which team will win a game—although Vegas goes out of its way to promote that myth. True comparative team strengths have surprisingly little to do with point spreads. What has everything to do with The Line is which team the public wants to bet on.
Again, this has to do with balancing the line. If you're saying anything else, you don't know anything about gambling. Everything else is just an emotional response to something that Vegas has no emmotion about.
Read and pay attention to the following paragraph.
The point-spread Gospel according to Vegas comes from - 03.10.86 - SI Vault