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re: The "you already lost to LSU" argument
Posted on 11/22/11 at 10:13 am to bamasgot13
Posted on 11/22/11 at 10:13 am to bamasgot13
quote:These aren't predictions - this is how they make money
If Bama is, as so many of the experts on the Rant tell me, going to be in for a letdown when the BCS ratings come out on 12/4, then when is someone going to tell Vegas? The people who do this for a LIVING are saying it is a 90% chance of a rematch. On top of that, Vegas currently has Bama with the best odds to win it all. How are they going to win it all when, according to the Rant, they won't even be in the game?
1
Posted on 11/22/11 at 10:24 am to NaturalBeam
quote:
These aren't predictions - this is how they make money
I recognize that. I bet. Key words in your response is MAKE MONEY. It isn't how they "lose money". There is a reason they've calculated those odds that way. They want action on both sides - for and against. They wouldn't get action on both sides if they had LSU at +3000 to win it all. ALL the money would be on LSU. They wouldn't get action if they had Bama at +3000 to win it all, either.
They set realistic odds to gain bets on both sides. They make their money on the juice.
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