iluvpoker said:WC94 said:
Wouldn't setting the line in the middle guarantee a 10% return (juice) in 3.5 hours? I think Vegas wants that instead of wild up and down fluctuations.
Even if you were right, and you're not, it would be a 5% return, not 10%. As the book doesn't collect juice on winning bets.
There are over 60 sports books in Vegas and they don't all have the same lines. There are lots of 1/2 and 1 point differences. There are lots of factors that go into a line, way more time to explain than I want to waste here. Spreads have to fit into the total for the game, the first half and first quarter lines, the money line, teasers, pleasers and parlays.
There are lots of factors which makes it impossible to put out a number that gets 50/50 action every time. They put out a number that that particular book can live with the risk. And their computer tracks every bet they take so they know the risk of each and every game, half, quarter, team total, first to score, every prop bet.
So if a guy has a parlay for $10,000 with 6 plays in it that could pay out $400,000 and the first 5 have hit, the book has to have their risk covered.
So books adjust their lines all the time. And different books have different lines and charge different juice for those lines.
I'm not going to spend a day teaching y'all about sports book because I doubt any of you are going to own or run one. But if you use a sports book, even a local bookie, I encourage you to use 2 or 3 or more. This way you can shop for the best line because even 1/2 point or -105 instead of -110 will make a difference in your bankroll at the end of the season.
This was such a reasonable post until the parlay sheet