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re: Why is Georgia favored even though…

Posted on 1/6/22 at 1:24 pm to
Posted by hnds2th
Valley of the Sun
Member since May 2019
3055 posts
Posted on 1/6/22 at 1:24 pm to
I’m not a better and I don’t know what it means, but this caught my eye

LINK

"I didn't want to go to [Georgia] -3 until we took a real bet on it, and we did," said Salmons, vice president of risk management for the SuperBook. "One of our respected players laid -2.5 [on Georgia] for $40,000, so we went to -3."

Caesars Sportsbook reported taking two $110,000 bets on Georgia on Saturday in Nevada that prompted the line to grow to -3. Craig Mucklow, director of trading for Caesars, said the same bettor also bet Georgia to win the national title at +135 prior to the semifinals. "He likes Georgia a lot," Mucklow said.

Even with the big bets on Georgia, more bets (70%) and more money (68%) had been wagered on the Crimson Tide than had been bet on the Bulldogs as of Sunday afternoon at Caesars.
Posted by PBD4BAMA
Sweet Home Alabama
Member since Dec 2014
4723 posts
Posted on 1/6/22 at 3:11 pm to
quote:

Even with the big bets on Georgia, more bets (70%) and more money (68%) had been wagered on the Crimson Tide than had been bet on the Bulldogs as of Sunday afternoon at Caesars.


I usually tend to favor the team Vegas needs to win
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