But that what those wily Vegas guys want you to think so you should definitely beat the Steelers.Or it is what I think they want to me think and then it's a double reverse trap game and you should bet the Saints?' date='Nov 11 2006, 02:19 PM' post='5889271']But maybe it's a reverse trap? Now you gotta go change your pick back to the Saints before it's too late!
If the line hasn't moved much, wouldn't that mean that no one is betting this game or that the money is going pretty equally on both sides ?... Since the line hasn't moved much either no one is betting on this game or there are a lot of crazy people out there.
How can bettors set the odds before they can place a bet?Bettors set the odds not Vegas. There must be some serious money on the Steelers.
Actually, Vegas often ignores betting trends. If they really think one side is going to win, they'll let 60% of the public on the other side, they'll even give a couple extra points to get more betters on that side. Hence, the term trap.I've given up betting, but this is the type of week you want to leave alone. Too many big lines.Bettors set the odds not Vegas. There must be some serious money on the Steelers.
I am not betting expert, I was wondering why you say this?Actually, Vegas often ignores betting trends. If they really think one side is going to win, they'll let 60% of the public on the other side, they'll even give a couple extra points to get more betters on that side. Hence, the term trap.I've given up betting, but this is the type of week you want to leave alone. Too many big lines.Bettors set the odds not Vegas. There must be some serious money on the Steelers.
Large spreads that teams need to cover.Good example would be Indy/Buffalo. The Colts are 12 points better, easily, but to bet on them covering that spread is risky.They might play flat and win by *only* 10 points, a TD and a FG.A much better line would be KC -1 or SD -1... if you're confident that those teams will win.I am not betting expert, I was wondering why you say this?
How can bettors set the odds before they can place a bet?Bettors set the odds not Vegas. There must be some serious money on the Steelers.
KnowledgeReignsSupreme said:I took Pitt.
Don't celebrate before the game is over, sparky.KnowledgeReignsSupreme said:I took Pitt.![]()
Turnovers, turnovers, turnovers. The Steelers lost the CIN, OAK, ATL, and DEN game due to turnovers. 3 or 4 more turnovers today and the Saints +6 is a lock. 0 or 1 turnovers and the Steelers will cover.
Don't celebrate before the game is over, sparky.KnowledgeReignsSupreme said:I took Pitt.![]()
Brees=NFL MVP
See, it's much better when the game is over!Don't celebrate before the game is over, sparky.KnowledgeReignsSupreme said:I took Pitt.![]()
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, sparky.
Again, this is simply not true. If vegas wanted equal money on both sides, wouldn't they have moved the line down after taking so much action on the Saints? The line opened at 5 and close to everyone hammered New Orleans (was 86% at one point on my book). So what do the books do? The moved the line up to 6.5 and even more people pounced on New Orleans. Vegas takes advantage of the public's propensity to simply look at the two teams and pick the team they think is better. Oakland was another fine example yesterday. Line opened at denver -9 and the public hammered Denver. So if the books wanted to balance out the action, wouldn't they have made Denver even a bigger favorite in an effort to entice action on the Raiders? No. The line went down to 7.5.The "equal action on both sides" angle is a myth. The books WANT you to believe that. They want you to believe that they are simply setting a line so they can make their vig and you can enjoy your action on the game. Books are in the business of making money, the vig is jsut a built in advantage for them.Modern-day, corporate run Vegas loves when there's even amounts money on both sides of a game and they can pocket the vig no matter what happens. It was only a trap in the sense that all gambling has a house advantage. If you look up the number of threads here in the Shark Pool and in the FFA every week that proclaim a certain game to be a "Lock!" or a "Trap", you'd see that each side probably covers about half the time.
I'm sorry, I just don't get it. Then the books were dangerously close to screwing themselves, because NO could have easily covered the spread several times in the fourth quarter. I don't see why they'd take the risk when (1) in the modern NFL, anything could happen, and (2) if the word gets out "it's a trap!" then someone could milk the casinos every time they try this--if the casinos put out a bad line that isn't a 50-50 or so proposition, then any shrewd gambler would win more than they'd lose to the vig. If these games are so easy to spot as traps, why doesn't Vegas get hammered by whales who plop down tens or hundreds of thousands of dollars at the last minute? If anyone could look at their book and see the traps, why doesn't Vegas get creamed? And how come about half the time someone starts a "Trap Game!" thread, they end up on the losing side?Again, this is simply not true. If vegas wanted equal money on both sides, wouldn't they have moved the line down after taking so much action on the Saints? The line opened at 5 and close to everyone hammered New Orleans (was 86% at one point on my book). So what do the books do? The moved the line up to 6.5 and even more people pounced on New Orleans.
Vegas takes advantage of the public's propensity to simply look at the two teams and pick the team they think is better. Oakland was another fine example yesterday. Line opened at denver -9 and the public hammered Denver. So if the books wanted to balance out the action, wouldn't they have made Denver even a bigger favorite in an effort to entice action on the Raiders? No. The line went down to 7.5.
The "equal action on both sides" angle is a myth. The books WANT you to believe that. They want you to believe that they are simply setting a line so they can make their vig and you can enjoy your action on the game. Books are in the business of making money, the vig is jsut a built in advantage for them.
Clearly.I'm sorry, I just don't get it.
Again, this is simply not true. If vegas wanted equal money on both sides, wouldn't they have moved the line down after taking so much action on the Saints? The line opened at 5 and close to everyone hammered New Orleans (was 86% at one point on my book). So what do the books do? The moved the line up to 6.5 and even more people pounced on New Orleans. Vegas takes advantage of the public's propensity to simply look at the two teams and pick the team they think is better. Oakland was another fine example yesterday. Line opened at denver -9 and the public hammered Denver. So if the books wanted to balance out the action, wouldn't they have made Denver even a bigger favorite in an effort to entice action on the Raiders? No. The line went down to 7.5.The "equal action on both sides" angle is a myth. The books WANT you to believe that. They want you to believe that they are simply setting a line so they can make their vig and you can enjoy your action on the game. Books are in the business of making money, the vig is jsut a built in advantage for them.Modern-day, corporate run Vegas loves when there's even amounts money on both sides of a game and they can pocket the vig no matter what happens. It was only a trap in the sense that all gambling has a house advantage. If you look up the number of threads here in the Shark Pool and in the FFA every week that proclaim a certain game to be a "Lock!" or a "Trap", you'd see that each side probably covers about half the time.
That's what we're talking about. The amount of cash on each side.Betting % is misleading. What would be useful is info on the $ volume on each side.
logically this makes no sense. why would the books build-in an inherent risk, when even money on both sides means they win every time? they wouldn't do that. every single game in a casino is built on odds that are as little as a fraction of 1% in favor of the house, and they make their money on volume. why would they treat sports any differently? each game's outcome is an unknown. if it's near even money on both sides, they take their 10% juice on one side and call it a day, and laugh all the way to the bank while you guys think up this contrarian argument. otherwise, they'd risk losing large one one game. casinos are NOT in the business of gambling, but rather playing the odds as iterations approach infinity.it simply doesn't add up. think it all the way through. you guys have it all wrong.Again, this is simply not true. If vegas wanted equal money on both sides, wouldn't they have moved the line down after taking so much action on the Saints? The line opened at 5 and close to everyone hammered New Orleans (was 86% at one point on my book). So what do the books do? The moved the line up to 6.5 and even more people pounced on New Orleans. Vegas takes advantage of the public's propensity to simply look at the two teams and pick the team they think is better. Oakland was another fine example yesterday. Line opened at denver -9 and the public hammered Denver. So if the books wanted to balance out the action, wouldn't they have made Denver even a bigger favorite in an effort to entice action on the Raiders? No. The line went down to 7.5.The "equal action on both sides" angle is a myth. The books WANT you to believe that. They want you to believe that they are simply setting a line so they can make their vig and you can enjoy your action on the game. Books are in the business of making money, the vig is jsut a built in advantage for them.Modern-day, corporate run Vegas loves when there's even amounts money on both sides of a game and they can pocket the vig no matter what happens. It was only a trap in the sense that all gambling has a house advantage. If you look up the number of threads here in the Shark Pool and in the FFA every week that proclaim a certain game to be a "Lock!" or a "Trap", you'd see that each side probably covers about half the time.
Sigh. Then why do they not "try" to get equal action on both sides? If they're taking a much larger % of money on one side, why does the line sometimes move the other way? The vig is what it is, an extra built in advantage. I honestly can't believe how many people who bet on sports know nothing about how and why lines are set and moved.logically this makes no sense. why would the books build-in an inherent risk, when even money on both sides means they win every time? they wouldn't do that. every single game in a casino is built on odds that are as little as a fraction of 1% in favor of the house, and they make their money on volume. why would they treat sports any differently? each game's outcome is an unknown. if it's near even money on both sides, they take their 10% juice on one side and call it a day, and laugh all the way to the bank while you guys think up this contrarian argument. otherwise, they'd risk losing large one one game. casinos are NOT in the business of gambling, but rather playing the odds as iterations approach infinity.it simply doesn't add up. think it all the way through. you guys have it all wrong.Again, this is simply not true. If vegas wanted equal money on both sides, wouldn't they have moved the line down after taking so much action on the Saints? The line opened at 5 and close to everyone hammered New Orleans (was 86% at one point on my book). So what do the books do? The moved the line up to 6.5 and even more people pounced on New Orleans. Vegas takes advantage of the public's propensity to simply look at the two teams and pick the team they think is better. Oakland was another fine example yesterday. Line opened at denver -9 and the public hammered Denver. So if the books wanted to balance out the action, wouldn't they have made Denver even a bigger favorite in an effort to entice action on the Raiders? No. The line went down to 7.5.The "equal action on both sides" angle is a myth. The books WANT you to believe that. They want you to believe that they are simply setting a line so they can make their vig and you can enjoy your action on the game. Books are in the business of making money, the vig is jsut a built in advantage for them.Modern-day, corporate run Vegas loves when there's even amounts money on both sides of a game and they can pocket the vig no matter what happens. It was only a trap in the sense that all gambling has a house advantage. If you look up the number of threads here in the Shark Pool and in the FFA every week that proclaim a certain game to be a "Lock!" or a "Trap", you'd see that each side probably covers about half the time.
for one thing, i can't ever say i've seen this happen. secondly, there are many other factors that impact a betting line beyond SOLELY the action. what i'm saying is an effort MUST be made to limit the book's exposure to ensure a net win. otherwise, they're in the business of gambling, which they ARE NOT. if an advantage is seen soon before kickoff, like a late player scratch or a change in weather, then the line may also shift. but i don't think you understand how a casino works based on what you've been saying. they make money on gamblers who tempt the long-term odds. they do not gamble, as you are suggesting.sigh.Sigh. Then why do they not "try" to get equal action on both sides? If they're taking a much larger % of money on one side, why does the line sometimes move the other way? The vig is what it is, an extra built in advantage. I honestly can't believe how many people who bet on sports know nothing about how and why lines are set and moved.logically this makes no sense. why would the books build-in an inherent risk, when even money on both sides means they win every time? they wouldn't do that. every single game in a casino is built on odds that are as little as a fraction of 1% in favor of the house, and they make their money on volume. why would they treat sports any differently? each game's outcome is an unknown. if it's near even money on both sides, they take their 10% juice on one side and call it a day, and laugh all the way to the bank while you guys think up this contrarian argument. otherwise, they'd risk losing large one one game. casinos are NOT in the business of gambling, but rather playing the odds as iterations approach infinity.it simply doesn't add up. think it all the way through. you guys have it all wrong.
for one thing, i can't ever say i've seen this happen. secondly, there are many other factors that impact a betting line beyond SOLELY the action. what i'm saying is an effort MUST be made to limit the book's exposure to ensure a net win. otherwise, they're in the business of gambling, which they ARE NOT. if an advantage is seen soon before kickoff, like a late player scratch or a change in weather, then the line may also shift. but i don't think you understand how a casino works based on what you've been saying. they make money on gamblers who tempt the long-term odds. they do not gamble, as you are suggesting.sigh.Sigh. Then why do they not "try" to get equal action on both sides? If they're taking a much larger % of money on one side, why does the line sometimes move the other way? The vig is what it is, an extra built in advantage. I honestly can't believe how many people who bet on sports know nothing about how and why lines are set and moved.logically this makes no sense. why would the books build-in an inherent risk, when even money on both sides means they win every time? they wouldn't do that. every single game in a casino is built on odds that are as little as a fraction of 1% in favor of the house, and they make their money on volume. why would they treat sports any differently? each game's outcome is an unknown. if it's near even money on both sides, they take their 10% juice on one side and call it a day, and laugh all the way to the bank while you guys think up this contrarian argument. otherwise, they'd risk losing large one one game. casinos are NOT in the business of gambling, but rather playing the odds as iterations approach infinity.it simply doesn't add up. think it all the way through. you guys have it all wrong.