Dumb football pool question

[ulfie]

Originally posted by Meni@Dec 7 2003, 08:48 PM
all the line is, is the point spread that will get equal money bet on both teams
then the bookie/casino makes his 10% vig

Meni hit the nail on the head. All the bookies want are the same number of people betting on the winners that will be betting on the losers. They make their money off the 10% or whatever they charge to make the bet. They pay the winners with the losers money and collect a % from both sides. As long as the amount bet on both sides is equal they make money.

I have a friend that makes his living betting sports. He only bets a few games a week but he bets heavy when he does. All he does is look for point spreads that are out of whack. He's amazing at it but won't share his picks with anyone.