Just became the first Hoosier to win the Davey O' Brien Award.Mendoza just won the Walter Camp Award.
Look for him to win the Heisman,etc. as well.
Beating Ohio State wrapped everything up for him.
Just became the first Hoosier to win the Davey O' Brien Award.Mendoza just won the Walter Camp Award.
Look for him to win the Heisman,etc. as well.
Beating Ohio State wrapped everything up for him.
The Vegas spreads aren't set based upon who they think will win. They are set to get 1/2 the betters one one side and 1/2 on the other.
That's been the story, but from what I've heard, it's generally not the case. I've been to a sportsbook and made the occasional bet (I think $30 was the most I ever bet). Certainly when a book has hundreds of games and it's not parimutuel (where it's spread through hundreds of racetracks, legal sportsbooks, off-track betting) the book itself is taking the action, including some really obscure games that might barely get bet on. They might just get one bet on a game (or none) so they won't necessarily get action on both sides that balances each other out. And there are a lot of bets where it's heavy towards one side.
They can't necessarily force the action evenly, but are hoping that it all balances out over multiple games/events that the vig is enough for the casino to make a profit.
(One note before we begin: A popular misconception is that sportsbooks set their lines in order to get an equal amount of money on each side. Aside from rare exceptions like the Super Bowl or 2017’s Mayweather-McGregor fight, public money is generally not enough of a factor to move the odds. The book typically prefers to keep the line close to the “correct” number and gamble on the result, rather than move to an off-market number and attract a flood of action from advantage players. This means that the popular strategies to look for “sharp vs. square” or “reverse line movement” games will not show an automatic profit.)
Um.... the very nature of a point spread, is as a handicap to betting on the favored team and encourage betting on the team not favored. If they didn't give a darn about trying to achieve 50-50 betting, they wouldn't even bother with a point spread. For example, if you could just bet on the winner of the Raiders and Eagles straight up at the same odds who would you bet for. The answer is the Eagles. The Raiders are one of the worst team in the league. The sportsbook would lose money doing it. So the spread ends up Eagles minus 12.5 The very nature of the spread itself is to encourage more betting for the Raiders, optimally 50-50. So to say the spread isn't designed for 50-50 betting when its very existence is to encourage it is like saying a stop sign's purpose isn't to get drivers to stop.I've been to a sportsbook and made the occasional bet (I think $30 was the most I ever bet). Certainly when a book has hundreds of games and it's not parimutuel (where it's spread through hundreds of racetracks, legal sportsbooks, off-track betting) the book itself is taking the action, including some really obscure games that might barely get bet on. They might just get one bet on a game (or none) so they won't necessarily get action on both sides that balances each other out. And there are a lot of bets where it's heavy towards one side.
Nobody said they could. But to use the stop sign example again, we know some drivers won't stop at a stop sign. Similarly, spreads aren't a perfect science and don't always achieve 50-50. Especially early in the wagering. That doesn't mean that spreads aren't designed around getting that number any more than it means stop signs aren't designed to get people to stop.They can't necessarily force the action evenly,
They don't hope. They know. And they know because they, unlike us, have far more information.but are hoping that it all balances out over multiple games/events that the vig is enough for the casino to make a profit.
The sharps vs squares betting approach fails because we don't actually know exactly what the sharps are doing vs what the squares are doing. The books know who is who, but the public does not. That data is not published. It is fundamentally a guessing technique that assumes what the sharps are doing based upon what the line is doing relative to the action. In other words, it's a technique a square would use, not a sharp. Furthermore, I never claimed the books would move to an off market number. That's a straw man. Nobody is going to put out a number they know is way off. And they certainly don't put out openers willy nilly. Furthermore, he contradicts himself later in the article when he talks about why casino's would move a preliminary number. Hint. It's because they're seeing more betting on one side and want to encourage more action on the other side.(One note before we begin: A popular misconception is that sportsbooks set their lines in order to get an equal amount of money on each side. Aside from rare exceptions like the Super Bowl or 2017’s Mayweather-McGregor fight, public money is generally not enough of a factor to move the odds. The book typically prefers to keep the line close to the “correct” number and gamble on the result, rather than move to an off-market number and attract a flood of action from advantage players. This means that the popular strategies to look for “sharp vs. square” or “reverse line movement” games will not show an automatic profit.)
Of course that begs the question. Why would they move the spread at all if they didn't care about 50-50 and didn't notice that the betting was getting too one sided for their liking? So he just blew his whole statement out of water. And in fact, he says if you think the line is off, bet it as soon as you can ie before said adjustment occurs because the advantage will shrink."the book can change its strategy to try and attract more money on the Chicago side and discourage Detroit backers. This could involve moving the line to give Detroit bettors a worse price, or allowing customers to bet more than the usual house limit on the Bears but not the Lions."
If you have good reason to believe that a line is “off”, bet it as soon as you can
When you bet right after the opening number is posted, you essentially gamble that you’re smarter than the handful of sportsbook employees who set the line. When you bet 10 minutes before the game starts, you hope in vain that you know something all the world’s sharp bettors don’t — after all, why aren’t they betting it and thus moving the line? One of these lives has a future, and one of them does not.
Um.... the very nature of a point spread, is as a handicap to betting on the favored team and encourage betting on the team not favored. If they didn't give a darn about trying to achieve 50-50 betting, they wouldn't even bother with a point spread. For example, if you could just bet on the winner of the Raiders and Eagles straight up at the same odds who would you bet for. The answer is the Eagles. The Raiders are one of the worst team in the league. The sportsbook would lose money doing it. So the spread ends up Eagles minus 12.5 The very nature of the spread itself is to encourage more betting for the Raiders, optimally 50-50. So to say the spread isn't designed for 50-50 betting when its very existence is to encourage it is like saying a stop sign's purpose isn't to get drivers to stop.
And in the end, a Stop sign will never have a 100% stop rate. That just means nobody is perfect. And as long as the house gets within a certain range, it will win.But in the end, nearly every game bet on has uneven betting.
Exactly why the house attempts to even the betting. The only way the house can lose is lopsided betting.There have been stories about how some casinos lost millions on a particular event because betting was heavy on one side and they couldn’t move the line.
Because each game with lopsided betting increases the chances of losing money over several events, the way to do that is to minimize the number of games with lopsided betting. And the way to do that is to set the spread as best they can to encourage even betting on both sides for each and every game.The purpose of the spread or other lines is to get the house an edge over several events using the vig and not just on a particular game.
And the most efficient way to do that is to minimize the number of games with lopsided betting. They're never going to deliberately set the spread on any game to deliberately produce a lopsided betting result. Does it happen? Yes. Is it deliberate? No.The line is set in an attempt to be efficient towards that goal in the long run
We're talking Vegas here, not Guido on the corner who takes 15 bets.and not over individual games given how random individual betting can be at a particular sportsbook.
And in the end, a Stop sign will never have a 100% stop rate. That just means nobody is perfect. And as long as the house gets within a certain range, it will win.
Exactly why the house attempts to even the betting. The only way the house can lose is lopsided betting.
Because each game with lopsided betting increases the chances of losing money over several events, the way to do that is to minimize the number of games with lopsided betting. And the way to do that is to set the spread as best they can to encourage even betting on both sides for each and every game.
And the most efficient way to do that is to minimize the number of games with lopsided betting. They're never going to deliberately set the spread on any game to deliberately produce a lopsided betting result. Does it happen? Yes. Is it deliberate? No.
We're talking Vegas here, not Guido on the corner who takes 15 bets.
And the most efficient way to do that is to minimize the number of games with lopsided betting. They're never going to deliberately set the spread on any game to deliberately produce a lopsided betting result. Does it happen? Yes. Is it deliberate? No.
College football can’t end in a tie unlike the NFL….... AND that is why I don't watch.... the anxiety is hopeless...tied game would have been fine![]()
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..... they have four opportunities each seems more fair in this incident then an interception.....less stress for meCollege football can’t end in a tie unlike the NFL…
A playoff in any sport can't end in a tie.College football can’t end in a tie unlike the NFL…
.... AND that is why I don't watch.