New Lines

[grimm]

hot off the presses

New England -3 over Pittsburg o/u 37

Philly -4 1/2 over Atlanta o/u 41

[Nickatilynx]

Ok...

Do they offer straight odds instead of the lines.

so like i guess 4/5 new England?

I go to http://www.willhill.com

or http://www.ladbrokes.com

To view the odds of various sporting events , not to wager , merely cause it interests me. :)

[grimm]

make the over/under on the philly game 41 1/2

;)

[grimm]

yes if you want to bet the money line..(just the winners/losers) the odds stand at


New England -145 (145 to win 100)
PIttsburg +125 (100 pays 125)

Atlanta +185
Philadelphia -215

[grimm]

you can get different lines at different books, but they are usually pretty close together.

Also, you can "tease" a line down or up, it just increases the amount you have to pay to bet.

[Nickatilynx]

Put a big enough bet and I guess you could change the line nationally. Or is it non bet related?

Excuse my ignorance.

But say I'm at a British Racecourse , and they are saying in a field of 9 the second longswot is 33-1 and I go and bet 25k , you'll watch the quoted odds drop to balance the book.

fuck Newton would know...

[grimm]

In Vegas, yes and no.. on the internet, i doubt a single better could sway a line, unless they were betting a LOT:) the line does move, but its a collective effort:).. back to vegas.. some casinos make their own book.. The hard rock, imperial palace, monte carlo, Venetian, etc. Some use a centralized line coming from offshore. If they make thier own book, then as little as 1K can move the line. I used to hate being behind RB when we used to bet the playoffs, as he would bet one side heavy, costing me a half a point or so:). If they use a centralized book for their lines, it is much harder for a single person to move the line, and hence the line will be "truer", meaning some dolt cant come in and put a bunch of money on his alma matre and make the point spread ridiculous, as they could in small books. There are also Max bets per game, half, quarter, prop, etc, all to work to the advantage to the house, just like table limits work to the advantage of the house at table games.

The track obviously makes its own book..I don;t bet horses, but i believe it is completely paramutual and the odds change constantly, as you can watch the odds move by the minute as the money comes in on this horse or that. same with poker, the money the house makes is the rake. everything else is the players money, Bingo as well. That is why poker, bingo and horse and dog tracks are legal in states where casinos and sports betting arent.

As it stands there is only one state in the union where sports betting is legal, and that is Nevada, and there is only one restriction there.. no betting on collegiate athletics that take place in the state of Nevada (obviously to prevent tampering, shaving, or other practices)


The whole point of the Point Spread or Odds is to spread out the money towards an equilibrium, so the risk to the house is minimal, i.e if one team wins, they dont lose a shitload of money. Ideally a book wants a 50-50 split of the money between two teams, and they make the money off the 10% vig they take off the top.

[Newton]

Originally posted by Nickatilynx@Jan 16 2005, 07:57 PM
Put a big enough bet and I guess you could change the line nationally. Or is it non bet related?

Excuse my ignorance.

But say I'm at a British Racecourse , and they are saying in a field of 9 the second longswot is 33-1 and I go and bet 25k , you'll watch the quoted odds drop to balance the book.

fuck Newton would know...
Nick most of the big, seriously big money goes on maybe a month or more before the UK horse races run, the other way is just before the race when you drop a huge wad on the Tote. The course (tote) odds and the betting shop odds can vary with the tote typically a better deal.

You should walk around the course as prices on the same horse do vary, unless you drop a very large wad on a horse, then the Tic Tac men will use hand signals to tell other bookies and bring the prices down throughout the course. If they think you are wise and watching them, they will typically reverse the tic tac signalling.

The objective is to keep the price exactly where they want it for as long as possible, so will not vary a great deal but can change rapidly just before the race.

You wouldn't lay big bets typically, but spread a lot of smaller bets around the bookies to not give them any suggestion as to your intention. Lots of smaller bets at £500 of less would not alert them until it is too late ;) This keeps the prices up where you want them as you can state the price on the betting slip when you place the bet. IF the price drops you still have that price fixed at the time of the bet, if it becomes greater say 40-1 and you placed your bet at 33-1 you still get 33-1.

The US odds are fairly strange to the British, although most bookies will convert them into the UK betting odds.