The Vegas Line - Is Anyone Ever Amazed How Accurate it is?

[allen3xis]

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like line, over/under, point spread, moneylines, parley,

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[dmxfury]

Vegas oddsmakers are RIDICULOUS at their job. Seriously, the only way to consistently win big, is to follow a small college conference (like the MAC), study it all the time and only bet those games. Then you can win, because oddsmakers simply don't pay as much attention to it

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[downtown43]

^thanks a lot, but can you elaborate on this?

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Line - The Ravens are +9 points and the Steelers -9. This means the Ravens can either win outright or lose by 8, if they lose by 9, its a push. The Steelers must win by 10, if they win by 9 its a push

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[allen3xis]

It's a tie...you'd get your money back.

HOYAS​

"I told you last year that if I die and I can't go to heaven, then they can take my body back to Georgetown. Well, I'm here to tell you that I ain't dead yet."​

 

[downtown43]

so if i wanted to win money, i would say "give me __$ on the ravens" and if they win i get the moneyline ($340) plus my bet of ___?
or if they lost by 8 i would win also?

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[allen3xis]

Only if you bet $100 would you win $340.

if you bet $10 you would win $34

so it's times 3.4..like if the moneyline was +540...10 bucks would get you $54 (times 5.4)

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or if they lost by 8 i would win also?

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HOYAS​

"I told you last year that if I die and I can't go to heaven, then they can take my body back to Georgetown. Well, I'm here to tell you that I ain't dead yet."​

 

[downtown43]

okay, so with the line/point spread, if i bet on the game for Baltimore, i would be betting on either the Ravens winning, OR losing by 8 or greater? is that right?

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[allen3xis]

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if i bet on the game for Baltimore, i would be betting on either the Ravens winning, OR losing by 8 or greater? is that right?

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OR losing by 8 or LESS

HOYAS​

"I told you last year that if I die and I can't go to heaven, then they can take my body back to Georgetown. Well, I'm here to tell you that I ain't dead yet."​

 

[craftsy21]

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But as we know after the initial line is drawn up its then based on the public's betting patterns

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[brunotattaglia]

is it really that hard to understand? spread is designed so that you don't have to decide "okay should I bet $100 on team A when the payout is $70, or should I bet $100 on team B who sucks but the payout is $140? or if I wanna win $100 I have to bet how much again? $233.33?"

To make it simple for bettors, the bookie makes a claim as to what is the difference in quality between 2 teams. He says "I think team A will beat team B by ___ points"

You look at that claim, and decide whether it is too large or too small.
"It's simple for everyone else, give 'em a Big Mac and a pair of Nikes and they're happy..." - Ghost World

 

[div1lbc]

At times, I wonder if these oddsmakers can tell the future. It's crazy how accurate they are with the spreads.

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[dyyhard]

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the games are fixed.

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yet we all still believe as if it we were 5 with Santa...

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