Started By
Message
According to Caesars, 98% of public money is on Auburn to beat Alabama
Posted on 11/26/21 at 11:18 am
Posted on 11/26/21 at 11:18 am
Can this be right?
I can see one way or the other regarding the spread, but 98% on the moneyline?
Are people just willing to risk their money for a +800 payoff, or do they actually believe Auburn is going to win SU?
12
Posted on 11/26/21 at 11:20 am to paperwasp
Odd year.
JHS.
Suspect Bama.
You do the math.
JHS.
Suspect Bama.
You do the math.
Posted on 11/26/21 at 11:21 am to paperwasp
If it was 98% on one side, why is the moneyline increasing?
Posted on 11/26/21 at 11:21 am to paperwasp
Would you bet Alabama -1400? I wouldn’t
Posted on 11/26/21 at 11:22 am to paperwasp
Edit...never mind...that is the moneyline.
This post was edited on 11/26/21 at 11:23 am
Posted on 11/26/21 at 11:25 am to East Coast Band
quote:
If it was 98% on one side, why is the moneyline increasing?
Hmm. Good question.
Posted on 11/26/21 at 11:25 am to paperwasp
The one that matters is the spread to which the public seems to favor Bama covering.
Posted on 11/26/21 at 11:26 am to paperwasp
It’s obvious you don’t understand how betting works…….
Posted on 11/26/21 at 11:27 am to Ghost of Barnwell
quote:
It’s obvious you don’t understand how betting works…….
Obviously not
Posted on 11/26/21 at 11:28 am to paperwasp
Would YOU lay 14:1 that Alabama wins the game?...HELL NO!
What's interesting is the difference between the 1:8 line on Auburn to WIN compared to the 14:1 you'd have to lay for Alabama to win! That's a ton of House spread right there!
What's interesting is the difference between the 1:8 line on Auburn to WIN compared to the 14:1 you'd have to lay for Alabama to win! That's a ton of House spread right there!
Posted on 11/26/21 at 11:32 am to paperwasp
quote:
Can this be right?
I can see one way or the other regarding the spread, but 98% on the moneyline?
Are people just willing to risk their money for a +800 payoff, or do they actually believe Auburn is going to win SU?
You bet on Alabama, and you'll only get a portion of what you bet on for the winnings. I'm not a gambler, so I don't know exactly the amount, I just know if you bet $100, you might get $150 for the win.
You bet on Auburn, and you'll get more in winnings than you bet. You bet $100, and you might get $250 in winnings.
Also, a % doesn't really tell you the volume. My guess is the volume is low since neither are really good bets.
Posted on 11/26/21 at 11:33 am to 3down10
quote:
Also, a % doesn't really tell you the volume. My guess is the volume is low since neither are really good bets.
I think you’re exactly right.
I’m guessing the volume is extremely low, and this 98% represents just a handful of people willing to risk a little to win a lot.
Posted on 11/26/21 at 11:39 am to paperwasp
quote:It's right!
Can this be right?
I can see one way or the other regarding the spread, but 98% on the moneyline?
Are people just willing to risk their money for a +800 payoff, or do they actually believe Auburn is going to win SU?
The difference in the two lines gives the answer. The real gamblers that actually favor Bama aren't gonna lay $14 to win $1, but they will give the 20 1/2 points and lay 11 to 10. The Book has made (purposely) the Bama win Money Line huge to keep the number low.
Posted on 11/26/21 at 11:40 am to East Coast Band
quote:
If it was 98% on one side, why is the moneyline increasing?
98% because most people aren’t going to bet on a -1400 payout. ML is going up though because it reflects the spread, and the spread is going up from more people betting Bama.
Posted on 11/26/21 at 11:43 am to 3down10
quote:
$100, you might get $150 for the win
You are correct but winnings would be closer to $7. At -1400, you get $1 in winnings per $14 wagered which no one would take
Posted on 11/26/21 at 11:46 am to paperwasp
quote:
Can this be right?
I don't think the Caesars book is trying to illegally release erroneous info, so yes, it is right.
I also don't think Vegas is in the business of losing money.
This post was edited on 11/26/21 at 12:20 pm
Posted on 11/26/21 at 11:47 am to paperwasp
I wouldn’t even bet on Auburn
Posted on 11/26/21 at 11:52 am to paperwasp
This is why casinos make money this is a sucker bet.
95% of money bet is on the spread.
I large bet could change this.
95% of money bet is on the spread.
I large bet could change this.
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News