Week 1 SEC Betting Lines

[Exfix]

The 52u means you can bet that they will score a combined total of under or over 52 points. The -7 and -6 1/2 is the spread. Im really not sure what the -10 is.

Probably the juice. -110 is what they mean. -6.5 is a trap line to lure bettors to UT. I don't like it. Oddsmakers probably have a line more in USUs favor but posted that knowing they will get a landslide of public betting for UT.

 

[Exfix]

Not positive, but is the -10 what you pay Vegas if you win?

No if you lose. Betting 110 to win 100.

Edit: semantics really, but there are "to win" bets, "to risk" bets, and "wager" bets. Most electronic bets are wager bets where you pay the extra $10 if you lose and make $100 if you win.

 

[Exfix]

Believe or not, but the winner pays the juice in a Vegas sportsbook.

For instance, if I place a $100 wager on UT to cover and UT wins 31-13 my payout is $190.

Whereas the guy behind me put his $100 on USU, he's only out his $100.

So the sportsbook collected $200 on this game and paid out $190 leaving them a $10 profit. That's why they want even money placed on both sides. It gives them a 5% profit.

Last part isn't true. Vegas can't keep books open on that kind of juice. They want to maximize profits. Many times bets are one sided based on public perception (see Broncos Super Bowl this year) leading to huge profits for the house. Complicated computer algorithms spit out accurate lines that the books tweak based on public perception to maximize their profits. The UT/USU line looks like one of those.

 

[Vol4life25]

It was a dumb comment. There is nothing wrong with scheduling WVU for your OOC. SEC schedules are tough enough, scheduling any major conference foe is respectable.

I never said there was anything wrong with scheduling them, I said dont schedule teams like that, then come on here saying you play one of the toughest schedules in the country.

Florida plays FSU
SC plays Clemson
We play Oklahoma
Etc

 

[Notorious B.E.N]

Probably the juice. -110 is what they mean. -6.5 is a trap line to lure bettors to UT. I don't like it. Oddsmakers probably have a line more in USUs favor but posted that knowing they will get a landslide of public betting for UT.

Yeah, the -110 is what im used to seeing. I love the -6.5.

 

[bamawriter]

I said done schedule teams like that, then come on here saying you play one of the toughest schedules in the country.

Hello, Mr. Straw Man.

When did I, or any other Bama poster, say that Bama had one of the toughest schedules in the country coming up?

 

[bamawriter]

Yep, keep telling your self that, that was a completely different team. A team could be good one year and bad the other. You have look at it within a 5 year time span.

I have no problem who Alabama schedule's, but don't come on here saying you play a hard OC. Why not schedule Oregon, Oklahoma, Michigan St., Ohio St., Clemson, FSU, USC, Cal...........I could keep going.

But naw keep scheduling these mid major programs or a bad major one.

Since Saban arrived in '07, Bama has played FSU and Clemson in neutral site games, and will be playing USC in Dallas in 2016.

I know that you're trying to prop up Cal because UT played them a few years back, but they have absolutely no business in any conversation regarding strong major conference opponents.

 

[Boca Vol]

Last part isn't true. Vegas can't keep books open on that kind of juice. They want to maximize profits. Many times bets are one sided based on public perception (see Broncos Super Bowl this year) leading to huge profits for the house. Complicated computer algorithms spit out accurate lines that the books tweak based on public perception to maximize their profits. The UT/USU line looks like one of those.

What about the last part wasn't true? If I bet $100 on UT to cover and they cover I will collect $190. If someone bets $100 on USU to cover and they don't they're out $100.

The sportsbook collected $200 on the game and paid out $190.

This is for a Vegas sportsbook not the neighborhood bookie. In Vegas, the winner acually pays the juice.

 

[Exfix]

What about the last part wasn't true? If I bet $100 on UT to cover and they cover I will collect $190. If someone bets $100 on USU to cover and they don't they're out $100.

The sportsbook collected $200 on the game and paid out $190.

This is for a Vegas sportsbook not the neighborhood bookie. In Vegas, the winner acually pays the juice.

All that is true. The part about Vegas wanting to split the betting 50/50 is inaccurate. They want as much of the public as possible to bet the square side and change the line appropriately.

 

[sameolvol]

Please ignore the bama troll fella's, like I did. We don't need to turn VN into another GVX.

 

[Boca Vol]

All that is true. The part about Vegas wanting to split the betting 50/50 is inaccurate. They want as much of the public as possible to bet the square side and change the line appropriately.

You really think they're willing to take that risk on every game? I don't. If they have even money wagered across the board they make 5% with 0 risk.

 

[Exfix]

You really think they're willing to take that risk on every game? I don't. If they have even money wagered across the board they make 5% with 0 risk.

This isn't what I think. Mandatory reading for any serious gambler is The Smart Money. It will open your eyes to how things work in Vegas.

 

[Boca Vol]

This isn't what I think. Mandatory reading for any serious gambler is The Smart Money. It will open your eyes to how things work in Vegas.

Go read the preface of the book. "The bookies count on the line to be accurate- or at least accurate enough that half the people in America will like the favorite and the other half will go for the underdog."

What eactly did I miss?

 

[Exfix]

Go read the preface of the book. "The bookies count on the line to be accurate- or at least accurate enough that half the people in America will like the favorite and the other half will go for the underdog."

What eactly did I miss?

Did you read the book?

 

[Boca Vol]

Did you read the book?

No, but if Vegas has equal money bet on both sides they can't lose and they take in the Vig.

There are variances in the lines the Sharps look for and when they see one they jump on it. The Sharps are the extreme exception, not the rule.

Vegas is happy with their 11/10 advantage.

I have to swing by the library tomorrow and I will certainly pick it up. Thanks for sharing the title.

 

[99gator]

Florida is favored by 35?

I'm not sure the Florida coaching staff is aware that it's legal to score 35.

 

[Exfix]

No, but if Vegas has equal money bet on both sides they can't lose and they take in the Vig.

There are variances in the lines the Sharps look for and when they see one they jump on it. The Sharps are the extreme exception, not the rule.

Vegas is happy with their 11/10 advantage.

I have to swing by the library tomorrow and I will certainly pick it up. Thanks for sharing the title.

Really 1/2 of 10% if they are winning half the bets so only 5% winnings on a 50/50 split. Sounds like you might appreciate the info in the book. Written by a journalist who worked as a high level assistant to Billy Walters. Changed the way I bet and stopped my perpetual "losing streak."

 

[Boca Vol]

Really 1/2 of 10% if they are winning half the bets so only 5% winnings on a 50/50 split. Sounds like you might appreciate the info in the book. Written by a journalist who worked as a high level assistant to Billy Walters. Changed the way I bet and stopped my perpetual "losing streak."

It's risk free money. Vegas doesn't have to be greedy here. The Vig gives them the advantage.

As bettors, we have to win about 55% just to break even. As a bettor you have to be more aggressive than the house. If I bet $100 this week and win I take home $190. Next week I bet $100 of my $190 and lose I'm left with $90. I'm down $10.00 for the season. I'm 1-1 on my bets but down $10. That's the house advantage.

Again, it's all in the preface of the book. Bettors will wager $550,000 on the Patriots to win $500,000. The other group of people will bet $550,000 on the Panthers to win $500,000.

They will pay the winners the $500,000 from the losers and keep the $50,000 Vig.

 

[mitzustu]

Florida is favored by 35?

I'm not sure the Florida coaching staff is aware that it's legal to score 35.

If you guys don't win by 35 and are favored by 7 or more against us I'd take the Vols all day. Idaho is miserable. Look who they lost to last year. 1-11