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    All Forums | NFL Betting Forum

    How can Vegas let 83% of people win?

    12 Next Last»
    Roboduck
    EastsideBangers
    bpickin
    Tigermike1975
    casheasy
    ...
    Participants:
    Search
    Views: 3232
    Posts: 46
    12 Next Last»
     
    Roboduck
    Roboduck
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    Posted: Sep. 15, 2014 - 8:56 PM ET #1

    83% on over on a primetime game.....I dont see how they would let a loss like that happen....i dont get it
    Reply
    To remove first post, remove entire topic.
    83% on over on a primetime game.....I dont see how they would let a loss like that happen....i dont get it
     
    EastsideBangers
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    Posted: Sep. 15, 2014 - 9:01 PM ET #2

    Thats the smartest thing you said "i dont get it"

    Vegas has no say in the outcome
    Banging since 1983
    Reply
    Thats the smartest thing you said "i dont get it"

    Vegas has no say in the outcome
     
    bpickin
    bpickin
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    Posted: Sep. 15, 2014 - 9:01 PM ET #3

    Because they will get a ton of the money back on second half bets
    Reply
    Because they will get a ton of the money back on second half bets
     
    Tigermike1975
    Tigermike1975
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    Posted: Sep. 15, 2014 - 9:04 PM ET #4

    You guys and your "Vegas"....when does it ever end?
    Reply
    You guys and your "Vegas"....when does it ever end?
     
    casheasy
    casheasy
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    Posted: Sep. 15, 2014 - 9:04 PM ET #5

    This game will stay under. Both teams running when they get close. Philly missing FG's. Colts getting the lead and slowing things down. Probably a 27-20 game tonight
    Reply
    This game will stay under. Both teams running when they get close. Philly missing FG's. Colts getting the lead and slowing things down. Probably a 27-20 game tonight
     
    EastsideBangers
    EastsideBangers
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    Posted: Sep. 15, 2014 - 9:07 PM ET #6

    I agree

    This game will stay under..........watch 
    Banging since 1983
    Reply
    I agree

    This game will stay under..........watch 
     
    bunny651
    bunny651
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    Posted: Sep. 15, 2014 - 9:08 PM ET #7

    They scored 10 points combined in the 1Q which means it's favoring the under at the moment so which part do you not understand?
    Reply
    They scored 10 points combined in the 1Q which means it's favoring the under at the moment so which part do you not understand?
     
    Roboduck
    Roboduck
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    Posted: Sep. 15, 2014 - 9:09 PM ET #8

    Ya....Vegas knows nothing and they have nothing to do with it.....its all a big crap shoot....insert sarcasm here
    Reply
    Ya....Vegas knows nothing and they have nothing to do with it.....its all a big crap shoot....insert sarcasm here
     
    LeRinkRat
    LeRinkRat
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    Posted: Sep. 15, 2014 - 9:13 PM ET #9

    Quote Originally Posted by Tigermike1975:

    You guys and your "Vegas"....when does it ever end?


    makes a point, though. how many football bets with 83% public win?
    Reply
    Quote Originally Posted by Tigermike1975:

    You guys and your "Vegas"....when does it ever end?


    makes a point, though. how many football bets with 83% public win?
     
    Irisheric777
    Irisheric777
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    Posted: Sep. 15, 2014 - 9:14 PM ET #10

    Billions at stake every year,  And you think vegas has no say sometimes? Lol
    Reply
    Billions at stake every year,  And you think vegas has no say sometimes? Lol
     
    Tigermike1975
    Tigermike1975
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    Posted: Sep. 15, 2014 - 9:18 PM ET #11

    Quote Originally Posted by LeRinkRat:



    makes a point, though. how many football bets with 83% public win?

    More win then people realize but yes they do lose quite often. Books are exposed to the over quite often on stand alone prime time games. 
    Reply
    Quote Originally Posted by LeRinkRat:



    makes a point, though. how many football bets with 83% public win?

    More win then people realize but yes they do lose quite often. Books are exposed to the over quite often on stand alone prime time games. 
     
    peter10
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    Posted: Sep. 15, 2014 - 9:24 PM ET #12

    God help the player that's approaching the goal line when the totals at 47 in the 4th  Vegas has snipers ready to take him out .
    Reply
    God help the player that's approaching the goal line when the totals at 47 in the 4th  Vegas has snipers ready to take him out .
     
    Tigermike1975
    Tigermike1975
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    Posted: Sep. 15, 2014 - 9:28 PM ET #13

    Quote Originally Posted by Irisheric777:

    Billions at stake every year,  And you think vegas has no say sometimes? Lol

    Las Vegas has zero say in the outcome of games. There is much more money at stake for the league to lose if their product was found out to be a fraud than there is a money discrepancy on any one game. 

    For all you Vegas fix guys, I would love to hear anyone answer these questions: How does a group of corporations, which is what Vegas is now, all get together and conspire with the league, officials, players or teams( any single one or combination of them to fix a game) and absolutely no one has ever spoken of it? In this day and age a secret of that nature is impossible. Somebody would get disgruntled or rat just to be the guy to bring it all to light. This is a whistle lowers dream and someone would have jumped all over it.

    I am not naive enough to say that nothing is fixed, I know that it can and does occur throughout the sports world, but read up on the ones that have come to light. They generally start with gamblers or street bookies who also gamble. 
    Reply
    Quote Originally Posted by Irisheric777:

    Billions at stake every year,  And you think vegas has no say sometimes? Lol

    Las Vegas has zero say in the outcome of games. There is much more money at stake for the league to lose if their product was found out to be a fraud than there is a money discrepancy on any one game. 

    For all you Vegas fix guys, I would love to hear anyone answer these questions: How does a group of corporations, which is what Vegas is now, all get together and conspire with the league, officials, players or teams( any single one or combination of them to fix a game) and absolutely no one has ever spoken of it? In this day and age a secret of that nature is impossible. Somebody would get disgruntled or rat just to be the guy to bring it all to light. This is a whistle lowers dream and someone would have jumped all over it.

    I am not naive enough to say that nothing is fixed, I know that it can and does occur throughout the sports world, but read up on the ones that have come to light. They generally start with gamblers or street bookies who also gamble. 
     
    LVTruck
    LVTruck
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    Posted: Sep. 15, 2014 - 9:30 PM ET #14

    Average sportsbook win percentage on football since 1992: 4.53% 
    Reply
    Average sportsbook win percentage on football since 1992: 4.53% 
     
    LVTruck
    LVTruck
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    Posted: Sep. 15, 2014 - 9:31 PM ET #15

    Overall sportsbook win percentage on sports betting since 1984: 4.56% 
    Reply
    Overall sportsbook win percentage on sports betting since 1984: 4.56% 
     
    casheasy
    casheasy
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    Posted: Sep. 15, 2014 - 9:35 PM ET #16

    What did I tell you. This under is coming in baby.
    Reply
    What did I tell you. This under is coming in baby.
     
    joepa510
    joepa510
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    Posted: Sep. 15, 2014 - 9:36 PM ET #17

    Quote Originally Posted by Tigermike1975:


    Las Vegas has zero say in the outcome of games. There is much more money at stake for the league to lose if their product was found out to be a fraud than there is a money discrepancy on any one game. 

    For all you Vegas fix guys, I would love to hear anyone answer these questions: How does a group of corporations, which is what Vegas is now, all get together and conspire with the league, officials, players or teams( any single one or combination of them to fix a game) and absolutely no one has ever spoken of it? In this day and age a secret of that nature is impossible. Somebody would get disgruntled or rat just to be the guy to bring it all to light. This is a whistle lowers dream and someone would have jumped all over it.

    I am not naive enough to say that nothing is fixed, I know that it can and does occur throughout the sports world, but read up on the ones that have come to light. They generally start with gamblers or street bookies who also gamble. 

    couldn't have said it better myself..

    Reply
    Quote Originally Posted by Tigermike1975:


    Las Vegas has zero say in the outcome of games. There is much more money at stake for the league to lose if their product was found out to be a fraud than there is a money discrepancy on any one game. 

    For all you Vegas fix guys, I would love to hear anyone answer these questions: How does a group of corporations, which is what Vegas is now, all get together and conspire with the league, officials, players or teams( any single one or combination of them to fix a game) and absolutely no one has ever spoken of it? In this day and age a secret of that nature is impossible. Somebody would get disgruntled or rat just to be the guy to bring it all to light. This is a whistle lowers dream and someone would have jumped all over it.

    I am not naive enough to say that nothing is fixed, I know that it can and does occur throughout the sports world, but read up on the ones that have come to light. They generally start with gamblers or street bookies who also gamble. 

    couldn't have said it better myself..

     
    LeRinkRat
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    Posted: Sep. 15, 2014 - 9:36 PM ET #18

    Quote Originally Posted by LVTruck:

    Average sportsbook win percentage on football since 1992: 4.53% 


    interesting. I would have actually thought a lower percentage hold. it's the volume of money that makes it profitable. pretty sure NFL and College Football together have more action than all the other sports combined ex for maybe College Baskets during March Madness
    Reply
    Quote Originally Posted by LVTruck:

    Average sportsbook win percentage on football since 1992: 4.53% 


    interesting. I would have actually thought a lower percentage hold. it's the volume of money that makes it profitable. pretty sure NFL and College Football together have more action than all the other sports combined ex for maybe College Baskets during March Madness
     
    rlletitride88
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    Posted: Sep. 15, 2014 - 9:37 PM ET #19

    It's a simple answer, it doesn't matter how many people bet a certain side , it's how much money is on a side and the juice didn't reflect a heavy side on the over
    Reply
    It's a simple answer, it doesn't matter how many people bet a certain side , it's how much money is on a side and the juice didn't reflect a heavy side on the over
     
    rlletitride88
    rlletitride88
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    Posted: Sep. 15, 2014 - 9:37 PM ET #20

    It's a simple answer, it doesn't matter how many people bet a certain side , it's how much money is on a side and the juice didn't reflect a heavy side on the over
    Reply
    It's a simple answer, it doesn't matter how many people bet a certain side , it's how much money is on a side and the juice didn't reflect a heavy side on the over
     
    Tigermike1975
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    Posted: Sep. 15, 2014 - 9:38 PM ET #21

    Exactly LV, the hold is not big. 

    The oddsmakers are absolute pros when it comes to understanding perception. The trick for them on a game like this is knowing how high they can set the number to still have the average guy bet the over, making it as difficult for them to win as possible, without getting pounded too hard by professionals on the under. This is what they understand better than almost everyone. 
    Reply
    Exactly LV, the hold is not big. 

    The oddsmakers are absolute pros when it comes to understanding perception. The trick for them on a game like this is knowing how high they can set the number to still have the average guy bet the over, making it as difficult for them to win as possible, without getting pounded too hard by professionals on the under. This is what they understand better than almost everyone. 
     
    MercyRules
    MercyRules
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    Posted: Sep. 15, 2014 - 9:38 PM ET #22

    Hey tiger watch "the departed".

    Reply
    Hey tiger watch "the departed".

     
    madisonmike
    madisonmike
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    Posted: Sep. 15, 2014 - 9:50 PM ET #23

    Wasn't there just a NBA ref that got caught up in a gambling scandal? 

    Tim Donaghy
    Reply
    Wasn't there just a NBA ref that got caught up in a gambling scandal? 

    Tim Donaghy
     
    MasterNBA
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    Posted: Sep. 15, 2014 - 9:53 PM ET #24

    Vegas and Offshore will NEVER lost. Otherwise, they go bankruptcy.
    Reply
    Vegas and Offshore will NEVER lost. Otherwise, they go bankruptcy.
     
     
    Tigermike1975
    Tigermike1975
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    Posted: Sep. 15, 2014 - 9:53 PM ET #25

    Quote Originally Posted by MercyRules:

    Hey tiger watch "the departed".


    One of my favorite movies, have watched it many times. 
    Reply
    Quote Originally Posted by MercyRules:

    Hey tiger watch "the departed".


    One of my favorite movies, have watched it many times. 
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