Posted:
#1
Can someone tell me how how mathmatically the odds makers make a moneyline ? lets say for college basketball, nba,college football and NFL.
how is the moneyline made?
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Posted:
#3
Quote Originally Posted by hillardoh1:
Can someone tell me how how mathmatically the odds makers make a moneyline ? lets say for college basketball, nba,college football and NFL.
Can someone tell me how how mathmatically the odds makers make a moneyline ? lets say for college basketball, nba,college football and NFL.
Doesn't really matter how they do it if you are gifted enough to formulate your own line and to secure winners....Most persons are woefully incompetent at this and always lose.....Do not see many sportsbooks closing up shop lately for having to pay out more than they take in...
Posted:
#5
There is a traditional chart of odds that is used, pegged to what the pointspread is for the contest.If the football favorite is -7 for example,then the ML would be -350 on the Fav and +250 on the Dog.This is only a starting point and you may note that some places don't put a MLup until the # has been bet into and of course the book manager may shade the ML due to personal bias or betting history.These are 2 separate lines and pointspreads/moneylines usually are independant of each other in regards to movement.
Posted:
#6
Quote Originally Posted by 666LES:
There is a traditional chart of odds that is used, pegged to what the pointspread is for the contest.If the football favorite is -7 for example,then the ML would be -350 on the Fav and +250 on the Dog.This is only a starting point and you may note that some places don't put a MLup until the # has been bet into and of course the book manager may shade the ML due to personal bias or betting history.These are 2 separate lines and pointspreads/moneylines usually are independant of each other in regards to movement.
There is a traditional chart of odds that is used, pegged to what the pointspread is for the contest.If the football favorite is -7 for example,then the ML would be -350 on the Fav and +250 on the Dog.This is only a starting point and you may note that some places don't put a MLup until the # has been bet into and of course the book manager may shade the ML due to personal bias or betting history.These are 2 separate lines and pointspreads/moneylines usually are independant of each other in regards to movement.
Also, a home team with the same point spread will usually have slightly worse ML odds than a road team. Maybe -165 vs -170
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