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Originally posted by: jphelan
So a Bear fan bets $170 to win $100 is the Bears win the game.
An Eagle fan bets $100 to win $155 if the Eagles win the game.
It looks like they are trying to get more money bet on the Eagles, to even the bets.
Just so, but it's not because of any preconceived preference at the Sportsbook.
The betting public has a notion that the Bears are going to win, therefore the money line has to offer "the public" an enticement to bet the Eagles.
So, fr'instance at the William Hill sportsbooks on Tuesday morning the line went up at -155/+135.
However, during the week the money flows, . . . sometimes onto the Eagles and sometimes onto the Bears. To keep both sides close to even the book the bookie will change the odds a bit.
Early money went onto the Bears, so at 11:14 Tuesday the line went to -165/+145
__ at 11:28 to -170/+150, . . . still trying to get some money on the Eagles
__ at 22:17 back to -165/+145, . . . to attract money onto the Bears
__ at 22:20 back to -170/+150, . . . in 3 minutes somebody bet enough on the Bears to move the odds back to what they'd been at 11:28 in the morning.
Las Vegas is a great place to bet because at any given minute, the odds can be different at different sports books; if someone can keep track he can bet wherever he gets the better odds.
However, one person cannot be in two or more places at once; this is why cell phones are prohibited in the sportsbooks.
Ref: vegasinsider.com