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The Betting Line:
The primary function of the line is to balance the action. Line makers are not concerned with splitting the opinions of all sports fans or even of all sports bettors. Their concern is to attract equal amounts of money on each side of an event. Therefore, line making involves handicapping the bettors who create a bulk of action. For example, the Redskins are a 2 point favorite over the Seattle Seahawks and there are 101 bettors wagering in this game, 100 of those bet on Redskins -2 for $55 to win $5000. The last bettor likes the Seahawks at +2 for $5500 to win $5000. The line then did not split the 101 bettors, but it did split the money so the line makers have an excellent line. The general factors that line makers consider are Talent, Situational analysis and public perception of those two. Talent is simply the ability of a teams measured by past performances. Situational analysis is the study of special circumstances that affect team performance.. For example, a widely followed situation in professional sports is to bet against a baseball team the day after they clinch the division. There are literally hundreds of these situations that get attention regardless of their profitability. In college sports, talent and public perception take precedence. Professional sports rely more on situational analysis.
The primary function of the line is to balance the action. Line makers are not concerned with splitting the opinions of all sports fans or even of all sports bettors. Their concern is to attract equal amounts of money on each side of an event. Therefore, line making involves handicapping the bettors who create a bulk of action. For example, the Redskins are a 2 point favorite over the Seattle Seahawks and there are 101 bettors wagering in this game, 100 of those bet on Redskins -2 for $55 to win $5000. The last bettor likes the Seahawks at +2 for $5500 to win $5000. The line then did not split the 101 bettors, but it did split the money so the line makers have an excellent line.
The general factors that line makers consider are Talent, Situational analysis and public perception of those two. Talent is simply the ability of a teams measured by past performances. Situational analysis is the study of special circumstances that affect team performance.. For example, a widely followed situation in professional sports is to bet against a baseball team the day after they clinch the division. There are literally hundreds of these situations that get attention regardless of their profitability. In college sports, talent and public perception take precedence. Professional sports rely more on situational analysis.
Bookmaking Vs Bettor:
The line is created to beat the public. The line is created by sports book to beat the professionals bettors, because they spent most of the money. Bettors have an advantage in the early season until odds makers get good read on the team performance. Sports book spend more time analyzing the 1st week of any sport season than any other week.
The line is created to beat the public. The line is created by sports book to beat the professionals bettors, because they spent most of the money.
Bettors have an advantage in the early season until odds makers get good read on the team performance. Sports book spend more time analyzing the 1st week of any sport season than any other week.
More interesting Gambling Help...
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