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Duck Nasty ●
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Duck Nasty ●
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DuckInTheDesert
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cfbmatrix
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DuckInTheDesert
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SouthOfTheBorderDuck
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DuckInTheDesert
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Justin Hopkins
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sickmyduck said...
Some Auburneers told me that, "Terrell Zachery is the only Auburn player of any consequence that has academic issues. A waiver is being sought, he may still play."
(for what that's worth)
More concretely, as for the money, I noticed the line changed from Oregon +3 -105 to Oregon +3 -120... that means vegas is trying to dissuade people from betting on Oregon, meaning lots of Oregon money has come in (for the non-degenerates on the board).
There's always another marathon.
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sickmyduck said...
Some Auburneers told me that, "Terrell Zachery is the only Auburn player of any consequence that has academic issues. A waiver is being sought, he may still play."
(for what that's worth)
More concretely, as for the money, I noticed the line changed from Oregon +3 -105 to Oregon +3 -120... that means vegas is trying to dissuade people from betting on Oregon, meaning lots of Oregon money has come in (for the non-degenerates on the board).
Follow me on Twitter @Duckinthedesert
DuckInTheDesert
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sickmyduck said...
I think we're saying the same thing and disagreeing, which is no small feat.
Vegas is trying to even out the money, no question. To do so they change the odds to entice the bettor to bet the under-represented side. You seem to be viewing the situation as static from the gamblers perspective. That is, you seem to think that if someone is betting Oregon, they are betting Oregon, regardless of what the sportsbook charges. I disagree. I think that as the line changes (either odds or spread) the majority of the new action comes from people reacting to that change.
Thus, my statement that vegas is trying to discourage people from betting Oregon by offering worse odds.
And as long as we're nitpicking, changing the line does not allow Vegas to get the vig without opening itself up to exposure. Rather, it's an attempt to get some fraction of the vig without opening itself up to exposure. They end up getting much less than the original 1/22 of the bets if they have to adjust the odds to even out the money on both sides.
The other option is to move the line, leaving the odds at -110. In this case they still get their 1/22 vig, but open themselves up to the doomsday scenario of getting middled where they lose/tie the majority of their bets at both the old and new line. Since 3 is such a good number in football, Vegas will try their best not to come off this line, and rather just adjust the odds (at the expense of some fraction of their vig). If the line were originally 2.5, I'd guess it would have moved to 2 by now, rather than keeping the line and adjusting the odds. I guess that depends no the individual book and their level of risk tolerance, though.
I'm sure nobody but me (and possibly you, Desert) care about any of this, but I felt the need to defend my statement.
Go Ducks!
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DuckInTheDesert
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SouthOfTheBorderDuck
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Academic Casulaties for Auburn?