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College Football 19-20: Where We Kinda Want Clemson As Champion.

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alfablue said:
Not only that Don Brown is SO VERY over rated. And the OC still can't call good sets of plays- at least they didn't get any delay of game penalties this time.

Time to go and find that new Bo out there. There has to be a small school with a great coach ready to step up and run a program. Bo had zero connection to Michigan, other than via Woody.
Click to expand...

This could be it for Harbaugh. Next year is the last year of his contract and coaches are usually extended before '2 years to go' for recruiting purposes.
 
Evolution of the ND-Clemson line. I don't understand the -110 in: [TABLE="border: 0, cellpadding: 2, cellspacing: 2"]
[TR]
[TD]CLEMSON-5.5 -110[/TD]
[TD]ND+5.5 -110[/TD]
[/TR]
[/TABLE]


or what this means: [TABLE="border: 0, cellpadding: 2, cellspacing: 2"]
[TR]
[TD]CLEMSON-286[/TD]
[TD]ND+180[/TD]
[/TR]
[/TABLE]
 
Kepler said:
Evolution of the ND-Clemson line. I don't understand the -110 in: [TABLE="border: 0, cellpadding: 2, cellspacing: 2"]
[TR]
[TD]CLEMSON-5.5 -110[/TD]
[TD]ND+5.5 -110[/TD]
[/TR]
[/TABLE]


or what this means: [TABLE="border: 0, cellpadding: 2, cellspacing: 2"]
[TR]
[TD]CLEMSON-286[/TD]
[TD]ND+180[/TD]
[/TR]
[/TABLE]
Click to expand...
-X is how much you have bet to win $100. +X is how much you win if you bet $100.
 
Jimjamesak said:
-X is how much you have bet to win $100. +X is how much you win if you bet $100.
Click to expand...

So if you and I make a $100 bet on a coin flip we pay the House $10 for the privilege?

Why don't you and I open a rival House and only charge $9?
 
Kepler said:
So if you and I make a $100 bet on a coin flip we pay the House $10 for the privilege?

Why don't you and I open a rival House and only charge $9?
Click to expand...
No, -120 means you have to bet $120 to win $100 + your original $120. Same with +120, you bet $100 and win $120 + your original $100.
 
Let's take
CLEMSON-5.5 -110ND+5.5 -110


Why don't you and I now start a House where instead of that we offer:
CLEMSON-5.5 -109ND+5.5 -109


We will wind up taking 4.1% instead of 4.5% The vig is lower so the bettors, seeing lower overhead and hence higher expected value, should flock to us.

Why don't the different sports lines drive each other out of business? Collusion? Bettor innumeracy?
 
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Kepler said:
Let's take
CLEMSON-5.5 -110ND+5.5 -110


Why don't you and I now start a House where instead of -110 we offer -109? We will wind up taking 4.1% instead of 4.5% The vig is lower so the bettors, seeing lower overhead and hence higher expected value, should flock to us.

Why don't the different sports lines drive each other out of business? Collusion? Bettor innumeracy?
Click to expand...
Because creating better odds on a clear favorite is a good way to lose money.

Sportsbooks want a 51/49 situation where the money is spread across both outcomes and they can hopefully eek out a small percentage of profit when they’re right and don’t lose much if they’re wrong.
 
Jimjamesak said:
Because creating better odds on a clear favorite is a good way to lose money.

Sportsbooks want a 51/49 situation where the money is spread across both outcomes and they can hopefully eek out a small percentage of profit when they’re right and don’t lose much if they’re wrong.
Click to expand...

I literally do not understand. My assumption is a bookie is a broker. Ideally they want a 50/50 split, then their payout exactly matches their revenue minus the vig they pocket. Bookies don't bet either side of the line they move the line to try to hit that exact 50/50 split. Assured gain, no possibility of loss.

So action is generated by moving the line. Now you and I enter the market with Timbersound Betting and we do exactly the same thing, we just take a smaller piece for our troubles. We're selling gasoline across the street from Caesar's Palace Petroleum but we shave a cent. CPP now either has to match us or lose business to us.

Are you saying -110 is the least possible vig for a Sportsline to be profitable? My assumption is they make money hand over fist.

Or is a Sportsline a loss leader to get eejits into the casino?
 
This Should Help

The casino Sportsbooks make their money on sports bets by collecting a commission on losing bets. This is called the Vigorish or Vig for short. The most common odds are 11 to 10. This means that if you want to win $100 you are risking $110. For example, you place a bet on the Giants at the casino sports book and pay $110. If the Giants win you collect $210 when you cash your winning ticket. If you lose your bet you lose the $110.

Ideally, the Sportsbook would like to have the same amount of money wagered on the two teams playing. If the Giants are playing the Colts and they have one player betting on the Giants and one player betting on the Colts they would pay the winner $100 but collect $110 for the loser. This gives them a $10 profit so they really don’t care who wins as long as they have an equal amount bet on each team. To accomplish this they assign a line or spread to make the contest equally attractive for both sides.
Click to expand...

FWIW casinos do lose money on sports gambling from time to time but it is peanuts compared to what they bring in at the tables and slots. When you hear about them taking a bath on the Super Bowl or something...it hardly registers.
 
Michigan State Football is so predictable. Just because your fans would be fine with going 1-11 as long as you beat Michigan doesn't mean you should *do* it
 
OK, Irish. In all honesty I couldn't care less right now after Biden, and before that SAC, but, if you've got it in you...
 
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