[Quote: Originally Posted by BackCourt] Oddsmakers judge the gambling public perception of a game in order to produce a line that gets 50/50 action. They are not experts on teams or sports, they are experts on what people think of them...
PERIOD
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[Quote: Originally Posted by BackCourt] Oddsmakers judge the gambling public perception of a game in order to produce a line that gets 50/50 action. They are not experts on teams or sports, they are experts on what people think of them...
Oddsmakers judge the gambling public perception of a game in order to produce a line that gets 50/50 action. They are not experts on teams or sports, they are experts on what people think of them...
PERIOD
oddsmakers goal is not setting a line to get 50/50 action. their goal is to set a line that gets the most money for the house. a lot of times these two are the same thing, sometimes they're not.
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Quote Originally Posted by BackCourt:
Oddsmakers judge the gambling public perception of a game in order to produce a line that gets 50/50 action. They are not experts on teams or sports, they are experts on what people think of them...
PERIOD
oddsmakers goal is not setting a line to get 50/50 action. their goal is to set a line that gets the most money for the house. a lot of times these two are the same thing, sometimes they're not.
oddsmakers goal is not setting a line to get 50/50 action. their goal is to set a line that gets the most money for the house. a lot of times these two are the same thing, sometimes they're not.
Exactly. The assumption that oddsmakers are looking solely for 50/50 action is so naive.
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Quote Originally Posted by clubtnt:
oddsmakers goal is not setting a line to get 50/50 action. their goal is to set a line that gets the most money for the house. a lot of times these two are the same thing, sometimes they're not.
Exactly. The assumption that oddsmakers are looking solely for 50/50 action is so naive.
You do know that every book doesn't set their own line right? They all start with the same line (you didn't notice that?) and move it only if there is a imbalance. They don't expose their money to risk. They are not handicappers- They hold every ones money, then distribute it and take a small cut of the pool, Its a sure thing. You don't win the books money, you win the losers money- So instead of all you saying "lets crush the books" (so ignorant) you should be saying, lets get all that money people bet on the Cavs"
My god, this is Gamblibng 101
I was gonna jump in earlier but I was to tired to respond at the time. Teaching schoolchildren about gambling is exhausting.
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Quote Originally Posted by BackCourt:
You do know that every book doesn't set their own line right? They all start with the same line (you didn't notice that?) and move it only if there is a imbalance. They don't expose their money to risk. They are not handicappers- They hold every ones money, then distribute it and take a small cut of the pool, Its a sure thing. You don't win the books money, you win the losers money- So instead of all you saying "lets crush the books" (so ignorant) you should be saying, lets get all that money people bet on the Cavs"
My god, this is Gamblibng 101
I was gonna jump in earlier but I was to tired to respond at the time. Teaching schoolchildren about gambling is exhausting.
You do know that every book doesn't set their own line right? They all start with the same line (you didn't notice that?) and move it only if there is a imbalance. They don't expose their money to risk. They are not handicappers- They hold every ones money, then distribute it and take a small cut of the pool, Its a sure thing. You don't win the books money, you win the losers money- So instead of all you saying "lets crush the books" (so ignorant) you should be saying, lets get all that money people bet on the Cavs"
My god, this is Gamblibng 101
so what happens when everyone and i mean everyone bets golden st ...or at least 90% u stupid fuk , then books would lose and fail , of course the books want even action ...
here u go u stupid fuks who agree wth this idiot
2 million ppl on clev 2 million ppl on gst times 10% = $200,000 wth zero risk for a 3 hr game = +$66,666 an hour lol and thats not props , ml , slots etc
just made rich ppl yearly salary in 3 hrs , thats only a $1 bet too
dont ever tell me books dont want 50 - 50 action this site is getting bad ,
i know u can go to the contest stuff but id love a battle to $10,000 contest in a forum , max bet $500 , one thread - only picks , no talking , keep track of numbers , if u get down more than -$2000 ur out .
30 days
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Quote Originally Posted by BackCourt:
You do know that every book doesn't set their own line right? They all start with the same line (you didn't notice that?) and move it only if there is a imbalance. They don't expose their money to risk. They are not handicappers- They hold every ones money, then distribute it and take a small cut of the pool, Its a sure thing. You don't win the books money, you win the losers money- So instead of all you saying "lets crush the books" (so ignorant) you should be saying, lets get all that money people bet on the Cavs"
My god, this is Gamblibng 101
so what happens when everyone and i mean everyone bets golden st ...or at least 90% u stupid fuk , then books would lose and fail , of course the books want even action ...
here u go u stupid fuks who agree wth this idiot
2 million ppl on clev 2 million ppl on gst times 10% = $200,000 wth zero risk for a 3 hr game = +$66,666 an hour lol and thats not props , ml , slots etc
just made rich ppl yearly salary in 3 hrs , thats only a $1 bet too
dont ever tell me books dont want 50 - 50 action this site is getting bad ,
i know u can go to the contest stuff but id love a battle to $10,000 contest in a forum , max bet $500 , one thread - only picks , no talking , keep track of numbers , if u get down more than -$2000 ur out .
You do know that every book doesn't set their own line right? They all start with the same line (you didn't notice that?) and move it only if there is a imbalance. They don't expose their money to risk. They are not handicappers- They hold every ones money, then distribute it and take a small cut of the pool, Its a sure thing. You don't win the books money, you win the losers money- So instead of all you saying "lets crush the books" (so ignorant) you should be saying, lets get all that money people bet on the Cavs" My god, this is Gamblibng 101
so what happens when everyone and i mean everyone bets golden st ...or at least 90% u stupid fuk , then books would lose and fail , of course the books want even action ...here u go u stupid fuks who agree wth this idiot2 million ppl on clev 2 million ppl on gst times 10% = $200,000 wth zero risk for a 3 hr game = +$66,666 an hour lol and thats not props , ml , slots etc just made rich ppl yearly salary in 3 hrs , thats only a $1 bet too dont ever tell me books dont want 50 - 50 action this site is getting bad , i know u can go to the contest stuff but id love a battle to $10,000 contest in a forum , max bet $500 , one thread - only picks , no talking , keep track of numbers , if u get down more than -$2000 ur out . 30 days
Your math example made no sense 2million on gsw 2 million on clev =4million x 10% = 400k Also on spreads books may want even action but def not on ml if a dog wins straight up and 50% of ml was on dog books are screwed.
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Quote Originally Posted by daphenom:
Quote Originally Posted by BackCourt:
You do know that every book doesn't set their own line right? They all start with the same line (you didn't notice that?) and move it only if there is a imbalance. They don't expose their money to risk. They are not handicappers- They hold every ones money, then distribute it and take a small cut of the pool, Its a sure thing. You don't win the books money, you win the losers money- So instead of all you saying "lets crush the books" (so ignorant) you should be saying, lets get all that money people bet on the Cavs" My god, this is Gamblibng 101
so what happens when everyone and i mean everyone bets golden st ...or at least 90% u stupid fuk , then books would lose and fail , of course the books want even action ...here u go u stupid fuks who agree wth this idiot2 million ppl on clev 2 million ppl on gst times 10% = $200,000 wth zero risk for a 3 hr game = +$66,666 an hour lol and thats not props , ml , slots etc just made rich ppl yearly salary in 3 hrs , thats only a $1 bet too dont ever tell me books dont want 50 - 50 action this site is getting bad , i know u can go to the contest stuff but id love a battle to $10,000 contest in a forum , max bet $500 , one thread - only picks , no talking , keep track of numbers , if u get down more than -$2000 ur out . 30 days
Your math example made no sense 2million on gsw 2 million on clev =4million x 10% = 400k Also on spreads books may want even action but def not on ml if a dog wins straight up and 50% of ml was on dog books are screwed.
I was gonna jump in earlier but I was to tired to respond at the time. Teaching schoolchildren about gambling is exhausting. I lived in Vegas for 30 years. I have 10 years experience as a Sports Director. Let me make it very clear to ALL OF YOU....SPORTSBOOK DIRECTORS HAVE ..NOTHING TO DO WITH ODDS..when I was working ALL LINES in the U.S. came only from the STARDUST HOTEL IN LAS VEGAS...as the lines moved at the STARDUST so did all other lines. Now lines are set by the MIRAGE HOTEL AND L.V HILTON SPORTSBOOK. OVERSEAS LINES ARE DIFFERENT and do not follow U.S LINES...there has been a major shift at sportsbooks in L.V. because most casinos now have their Sportsbooks run by LEROYS SPORTSBOOK...
Maybe I didn't make myself clear. I am agreeing with backcourt and now you as well.
My brother worked in Harrahs sports book for a number of years. I am well aware Sports Directors don't set odds. They did have discretion to move the lines based on what side action was coming in on. They would also circle games and only take limited action. BTW Leroys sucks in my opinion. Not a fan of a monopoly.
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Quote Originally Posted by DavidA15:
I was gonna jump in earlier but I was to tired to respond at the time. Teaching schoolchildren about gambling is exhausting. I lived in Vegas for 30 years. I have 10 years experience as a Sports Director. Let me make it very clear to ALL OF YOU....SPORTSBOOK DIRECTORS HAVE ..NOTHING TO DO WITH ODDS..when I was working ALL LINES in the U.S. came only from the STARDUST HOTEL IN LAS VEGAS...as the lines moved at the STARDUST so did all other lines. Now lines are set by the MIRAGE HOTEL AND L.V HILTON SPORTSBOOK. OVERSEAS LINES ARE DIFFERENT and do not follow U.S LINES...there has been a major shift at sportsbooks in L.V. because most casinos now have their Sportsbooks run by LEROYS SPORTSBOOK...
Maybe I didn't make myself clear. I am agreeing with backcourt and now you as well.
My brother worked in Harrahs sports book for a number of years. I am well aware Sports Directors don't set odds. They did have discretion to move the lines based on what side action was coming in on. They would also circle games and only take limited action. BTW Leroys sucks in my opinion. Not a fan of a monopoly.
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