For the 1 MILLIONTH time......

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SteelerDayTrader
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For the 1 MILLIONTH time......

Post by SteelerDayTrader » Tue Oct 15, 2019 8:36 pm

Vegas......DOES NOT make money winning bets.

Vegas makes money ON THE ACTION.

This means they get a PERCENTAGE WIN OR LOSE

Any given game has HALF the money LONG and HALF the MONEY SHORT

THATS what determines the line and what MOVES the line......If a game opens at +4 and 7 billion takes the points and 5 billion gives the points the line will decrease until there is 7 billion on BOTH SIDES. Or another EQUAL amount. Then when there is 7 billion on each side(8 billion or 100 billion)
The losers pay the winners and Vegas gets a percentage no matter who wins or the score.


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Ice
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Post by Ice » Tue Oct 15, 2019 8:48 pm

The answer to a question nobody asked, like literally?
Nothing left to do but smile, smile, smile...

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SteelerDayTrader
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Post by SteelerDayTrader » Tue Oct 15, 2019 8:53 pm

Ice wrote:
Tue Oct 15, 2019 8:48 pm
The answer to a question nobody asked, like literally?
I just saw a post claiming Vegas got paid on a spread

But your extreme vigilance in standing firm against message board posts is noted saluted praised exalted and commended. WELL DONE SIR !!
AND GOD BLESS AMERICA !!!! :roll: :roll:
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Orangesteel
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Post by Orangesteel » Tue Oct 15, 2019 8:58 pm

STD, are you high bro? Please stop with these stupid ass topics you are ruining the message board. You want to banter about this in a single topic where you can quote yourself and LOLz to oblivion, have at it. But for real there are guys that work damn hard to not let this place be overrun with stream of consciousness topics and you are making it a challenge.
“Thoughts are a waste of time for me.” - Michael Pettaway Tomlin

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El Kabong
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Post by El Kabong » Tue Oct 15, 2019 10:05 pm

SteelerDayTrader wrote:
Tue Oct 15, 2019 8:36 pm
Vegas......DOES NOT make money winning bets.

Vegas makes money ON THE ACTION.

This means they get a PERCENTAGE WIN OR LOSE

Any given game has HALF the money LONG and HALF the MONEY SHORT

THATS what determines the line and what MOVES the line......If a game opens at +4 and 7 billion takes the points and 5 billion gives the points the line will decrease until there is 7 billion on BOTH SIDES. Or another EQUAL amount. Then when there is 7 billion on each side(8 billion or 100 billion)
The losers pay the winners and Vegas gets a percentage no matter who wins or the score.
I know this. And?
"Those who can make you believe absurdities can make you commit atrocities."
--Voltaire

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BethlehemSteel
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Post by BethlehemSteel » Tue Oct 15, 2019 11:29 pm

He's high as his cornfield, or the mania is high
“We Do Not Care”........"I expect guys to make routine plays routinely"
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Ice
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Post by Ice » Tue Oct 15, 2019 11:40 pm

The Green Corn?
Nothing left to do but smile, smile, smile...

benstunner
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Post by benstunner » Wed Oct 16, 2019 12:11 am

SteelerDayTrader wrote:
Tue Oct 15, 2019 8:36 pm
Vegas......DOES NOT make money winning bets.

Vegas makes money ON THE ACTION.

This means they get a PERCENTAGE WIN OR LOSE

Any given game has HALF the money LONG and HALF the MONEY SHORT

THATS what determines the line and what MOVES the line......If a game opens at +4 and 7 billion takes the points and 5 billion gives the points the line will decrease until there is 7 billion on BOTH SIDES. Or another EQUAL amount. Then when there is 7 billion on each side(8 billion or 100 billion)
The losers pay the winners and Vegas gets a percentage no matter who wins or the score.
While I don't believe the games are fixed there are some weekends Vegas gets crushed. Granted that doesn't happen too often. Lots of games do not have a roughly even amount on each side. In a perfect world if you're a sports book (or a bookie) you'd want identical - or nearly identical bets on each side to guarantee victory for yourself but it doesn't always work that way.

Here's an example of a disaster weekend for the books - https://abcnews.go.com/Sports/notable-b ... d=58977305

Here's a current example for tomorrow's game https://www.actionnetwork.com/nfl/nfl-w ... ren-rovell

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