LV sportsbook question

Something I heard from more than one source, this cant be correct? Not real sure how to word this.....In LV, are there some casinos (not sure how many?) that ALL use the same lines for betting? (not referring to the OPENING line) If true, do you know which casinos? In other words, lets say there are 5 such casinos as an example.


At one of them, a VERY HIGH bet (millions) is placed. So then the OTHER casinos all have to adjust their line? Lets say its the Packers -5, all the casinos (in that same ownership) would adjust to -5? I hope this question made sense.

Well you have a few groups.  All MGM properties will have the same line.  (MGM Grand, Luxor, Mandalay Bay, Excalibur, Bellagio, Monte Carlo, Aria, and Mirage).  All Harrah's properties will have the same line.  (Paris, Harrah's, Caesars, Planet Hollywood, Bally's, Flamingo, Rio).   Then obviously the Venetian and Palazzo will have their line.  Hard Rock and The M will have a line.  Palms, Cannery, South Point and Eastside Cannery will have their line, then Wynn will have theirs and the Hilton theirs.

To add to Sharpstick's 100% correct answer....

When a big player wants to bet serious money....on a side bet, you could be looking at anything over 50dimes, the book might take the bet in pieces...adjusting the line/juice. It all depends on the game in question and the position of the book at the time of the bet.

As to the "millions" aspect....The largest bet that I have seen in the last year or so was $2million moneyline Colts vs Saints. That bet was taken at -200.

Ok, maybe millions is a bad example.

 

So lets say at Paris, its Packers -5. A very large bet is made. Question being, does it ALSO mean at....... Harrah's, Caesars, Planet Hollywood, Bally's, Flamingo, Rio, the line will adjust because of the large bet at Paris? I dont get it, I'm an idiot.  

mrj...

No, you're not an idiot.....it's a good question, asked a lot...

Unfortunately, there is no one correct answer for your question.

The line at the book in question (or in some cases, the company in question....see Sharpsticks posting), the line could change or, as I said in my post, it might change during the course of the bet...being broken down into multiple bets by the bettor that the book is accepting. Whether or not any other book in town would make a change based upon "anticipated" betting, would be up to the manager of that book.....

A bet at Caesars does not, necessarily, influence the line at The Mirage....the books are competing for business and might feel that their line will attract the money that it's looking for. A book may have too much money on one side and want to encourage money from the other side....

The Auburn situation today is a great example....read the article on the home page about how the game got pulled....guarantee that there was money all over town much earlier today that was "under the radar"....Books do not, neccessarily, care to share info....Mirage may have gotten hit late with one last bet; others may have already been hit.

A bet that is going to move the line at a Harrah's property moves the line at all Harrah's property.  You won't find -5 at Caesars, and -4.5 at Flamingo.  

Very good answers, thanks guys!

Sharpstick, I wanna TF the girl in your avatar

bottom line is most of these books have NO BALLS and the days of finding decent lines are OVER.

tuff question to answer BUT i must inform you that ALL these casinos are connected. The Hilton has wilder lines than most.  The casinos know exactly what other casinos are doing, even in the carribbean. A great example was Sunday when the O/U was put on the board 1st thing in the morning & and the line was taken off within one hour (ncaa BB). Somewhere in LV the sharps wagered heavily on one side & the line was never reposted. BTW also, LV is much much sharper than offshore books imo.

The casinos are NOT connected internally.....

and, yes, Jay Kornegay and his team are wonderfully different than many other books....although The M is running a close 2nd.

BUT, if you believe that Jay at the Hilton calls up Mike at The M and they share notes about some guy that just dropped 50dimes....you would be mistaken.

All the books can see line moves on a number of different programs provided for them....LVSC for one....but actual info?