Las Vegas Screwed Up The Point Spread For The Super Bowl — And It Could Cost Millions
- Thread starter Banjo
- Start date
I have to agree that Seattle giving three was a terrible line. Seattle had trouble with the GB defense. NE totally shut down an explosive Colts offense.
Good point ElCubano. The article made it sound like the spread was moved by massive betting. All it would take is a phone call.
I actually thought the Pats should be favored.
I actually thought the Pats should be favored.
this is sort of a math / market making question...
as bookies do that...
won't there be potential scores that create big loses or big wins in their book
do they have ways to lay off that risk like derivatives and options?
as bookies do that...
won't there be potential scores that create big loses or big wins in their book
do they have ways to lay off that risk like derivatives and options?
yes the spread moved on massive betting on seahawks -3. That means the spread setter fucked up but the line can continue to move to balance the book. How much money took out the -3 is the question.