• The KillerFrogs

Gameday Thread, Sun Bowl Rematch: TCU vs USC

Vegas lines have -0- to do with which team may be stronger.
The lines are only a reflection of which team has the greatest amount of bets placed in their favor.
No one should be surprised that a 9-3 USC Big10 team with over 500k living alums would have a greater amount of favored bets than TCU & its 100k living alums.
Nope. Lines move to even out the amount of money on each side, not the number of bets. Lines absolutely reflect relative strength of the teams. not perfectly, but pretty close. If they didn’t, the money would be lopsided and professional gamblers would crush them. Vegas didn’t get those tall buildings by losing money.
 

tetonfrog

Fan Club
So he was saying that no one cared about Bram's story? Could he really be such a heartless [ "illegitimate Baylor boy" ]?
Yes.

Have you ever watched the 30 for 30 on USC when Leinert was there? He was the smuggiest dude on that show. It is why he failed in the NFL, too.

Why isn't he explaining his post? Because he knows his bosses at Fox TV will call him out over it. Total Brilesbag.
 

Wexahu

Full Member
Nope. Lines move to even out the amount of money on each side, not the number of bets. Lines absolutely reflect relative strength of the teams. not perfectly, but pretty close. If they didn’t, the money would be lopsided and professional gamblers would crush them. Vegas didn’t get those tall buildings by losing money.
Yep. People don’t like hearing it, but the best way to gauge a team’s strength is by looking at point spreads. The best team doesn’t always win of course, but if Vegas didn’t set lines based on the true quality of the teams playing, they’d lose. And they aren’t gonna lose in the long run.
 

TxFrog1999

The Man Behind The Curtain
So he was saying that no one cared about Bram's story? Could he really be such a heartless [ "illegitimate Baylor boy" ]?
Unsure because the tweet wasn't a reply or a quote tweet so it lacks all context, but since many of his defenders are trying to claim the tweet wasn't made during the game (it was) and was about something else (no context) I thought it best to point out the actual timing of his tweet.
 

NewFrogFan

Full Member
Yes.

Have you ever watched the 30 for 30 on USC when Leinert was there? He was the smuggiest dude on that show. It is why he failed in the NFL, too.

Why isn't he explaining his post? Because he knows his bosses at Fox TV will call him out over it. Total Brilesbag.
Funny, when I want to really get a story about college football, I never see Matt Leinart as a source.
 

82 Frog Fever

Active Member
Nope. Lines move to even out the amount of money on each side, not the number of bets. Lines absolutely reflect relative strength of the teams. not perfectly, but pretty close. If they didn’t, the money would be lopsided and professional gamblers would crush them. Vegas didn’t get those tall buildings by losing money.
Lines absolutely do NOT show the strength of either team. They only reflect the public’s behavior as to where the greatest amounts of money are bet.
Sportsbooks are trying to price the bet, so that public behavior spreads wagers evenly. The ideal scenario for a sportsbook is roughly equal money wagered on each team, and that is why a betting line is applied. It allows the book to collect the normal 10% vig commission with minimal risk.
 
Lines absolutely do NOT show the strength of either team. They only reflect the public’s behavior as to where the greatest amounts of money are bet.
Sportsbooks are trying to price the bet, so that public behavior spreads wagers evenly. The ideal scenario for a sportsbook is roughly equal money wagered on each team, and that is why a betting line is applied. It allows the book to collect the 10% vig commission with minimal risk.
First line is wrong. The rest is correct. The purpose of the line is to even the money out, not show team strength, but in practice, the only way to do that is for the line to represent relative team strength. It’s a very simple concept.
 

82 Frog Fever

Active Member
First line is wrong. The rest is correct.
So you think public/fan betting behavior is a determiner of a team’s strength?
Casual betting fans have very little information about any team’s strengths or weaknesses beyond what coaches & journalists have said, which is also just superficial.
Sportsbooks also limit betting knowledge by setting maximum betting limits and individual betting limits to prevent large bettors with greater inside knowledge from betting large amounts & raising risk.
Therefore the actual knowledge behind most bets is quite limited.
Just like journalist know very little when they pick who is going to win the B12, the vast majority of bettors know very little, especially in the 1st half of the season.
 
So you think public/fan betting behavior is a determiner of a team’s strength?
Casual betting fans have very little information about any team’s strengths or weaknesses beyond what coaches & journalists have said, which is also just superficial.
Sportsbooks also limit betting knowledge by setting maximum betting limits and individual betting limits to prevent large bettors with greater inside knowledge from betting large amounts & raising risk.
Therefore the actual knowledge behind most bets is quite limited.
Just like journalist know very little when they pick who is going to win the B12, the vast majority of bettors know very little, especially in the 1st half of the season.
I agree that most bettors know little, but the pros bet more and will hammer a line that gets too far afield of relative team strength.
 

Wexahu

Full Member
So you think public/fan betting behavior is a determiner of a team’s strength?
Casual betting fans have very little information about any team’s strengths or weaknesses beyond what coaches & journalists have said, which is also just superficial.
Sportsbooks also limit betting knowledge by setting maximum betting limits and individual betting limits to prevent large bettors with greater inside knowledge from betting large amounts & raising risk.
Therefore the actual knowledge behind most bets is quite limited.
Just like journalist know very little when they pick who is going to win the B12, the vast majority of bettors know very little, especially in the 1st half of the season.
It’s not perfect, but it’s the best determiner. If you or anyone else thinks you know know more than the oddsmakers about how good teams are, you should be able to make a living gambling on games. Good luck.
 
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