Originally posted by SteveWallacesHelmet:
Originally posted by blizzuntz:
Originally posted by SteveWallacesHelmet:
OP.....Vegas didnt "pick us for 4.5 wins." That is not how lines work.
Lines are set at a number that the linesmakers believe there will be as close to even amount of bets on both sides. It has absolutely NOTHING to do with what they think is going to be the outcome. They set lines to generate interest in betting on both sides.
In this example, the Niners over/under was set at 4.5 because they think that is the number that will generate similar amount of bets on both over 4.5 and under 4.5. It doesnt mean Vegas thinks the 49ers will win 4.5 games (as everyone knows is physically impossible).
Yes and no.
The original line is based on their estimates.
How the line moves after is based on how heavy the bets are on one side. Usually they adjust the juice to sway the bets. If it is still one sided, then they move the line.
The original line is set to at a number to hope for even amount of bets on each side. Period. It is not what they think will happen. How the line moves is based on bets to attempt to even out the bets on both sides.
Nope .
They creates lines with a formula involving power rankings.
That info is handed to a head lines man who puts a final line.
Next they go to a closed room where early lines are shown to sharps and heavy hitters and they make wagers.
Then based on that action , the head lines adjust the lines before releasing to public.
Then the lines moves based on public money and sharp money to even it out (like I said in original quote)
And that's how lines are set.
Usually mirage goes 1st and planet holly wood.
But of course the books WANT equal action on both sides.