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-   -   Going against the public (http://archives2.twoplustwo.com/showthread.php?t=347496)

Webster 09-30-2005 03:10 PM

Re: Going against the public
 
In regards to slacker - I'm pretty sure there are no "traps" as some people like to say. However - I am sure that books set the lines to their advantage and knowing the public likes certain set-ups and trends. This tweaks the line by a little but if a persaon see's a like and it's 4 or 5 more then he expects - it's not a trap play - it's just that John Public is missing something. Sure - the book might add or subtract 1 but they would be foolish to really gamble on an obscure and bizaar line.

Slacker13 09-30-2005 03:14 PM

Like This.
 
http://www.bargainranch.com/images/lines.gif

West 09-30-2005 03:22 PM

Re: Going against the public
 
[ QUOTE ]
If Pit is -3 lay 05 juice it may be a good indication the sportsbooks are baiting you to take Pit.


[/ QUOTE ]

I think that's an indication that they are getting action on the dog, but rather than change a 3 pt line to 2 1/2 and risk pushing their underdog action while losing the fav bets if Pit wins by 3, they change the juice to accomplish the same thing (getting action on Pit) without changing the line.

Slacker13 09-30-2005 03:22 PM

Re: Going against the public
 
[ QUOTE ]
I was simply responding to the notion that sportsbooks call each other up and agree on a line.

[/ QUOTE ]
Ok so I didn't word it correctly, but they all hire the same guy to set the lines.

[ QUOTE ]
Agreeing on a price with your competitors is indeed a crime, regardless of whether it's basketballs, shoes, maid services, or in this case, gambling.

[/ QUOTE ]
Your giving me a headache.

Slacker13 09-30-2005 03:25 PM

Re: Going against the public
 
[ QUOTE ]
I'm pretty sure there are no "traps" as some people like to say

[/ QUOTE ]
I think you are wrong about this. Just my opinion.

Slacker13 09-30-2005 03:55 PM

Re: Going against the public
 
[ QUOTE ]
In regards to slacker - I'm pretty sure there are no "traps" as some people like to say.

[/ QUOTE ]
I just want to ad something then i gotta run. We both have our opinions on this and without actual proof we will never have anything more than an opinion. But, my point is this, i think it is completely illogical to assume that there is this company/guy who sets the lines, he is paid for setting the lines and his job description is simple, make the sportsbooks money and he is not setting up traps.

Webster 09-30-2005 04:04 PM

Re: Going against the public
 
Why would each casino hire a different guy when 99% of the casinos all have the same lines.

Not arguing - just curious. I don't live in LV but most online books are basically the same. Seems redundant.

Slacker13 09-30-2005 04:53 PM

Re: Going against the public
 
[ QUOTE ]
Why would each casino hire a different guy when 99% of the casinos all have the same lines.

[/ QUOTE ]
Where did you get that from? I never said the casinos hire a dif guy to set lines. They hire one company and for 40 years it was Americas Line out of LV which was owned by Roxy Roxborough (sp?). The opening lines are now set by Cris Sportsbook.

While running my errands I made a call to a friend in LV who runs one of the larger sportsbooks in town at a major casino. Not that i needed to ask this question becuase I new his answer but I asked him if he thought the oddsmakers set trap games, his answer was, of course they do. Take it for what its worth.

duma 09-30-2005 06:41 PM

Re: Going against the public
 
all the lines are set by the LVSC (Las Vegas Sports Consultants). its a group of about 5 guys who sit there all day and figure out the lines. it was on sportscenter last year when they had their 5 day series on gambling. as far as i know, these are the only guys who set the lines, and then from there the movements for each individual book change based on the money coming in.

edit: after getting more info, LVSC was founded by Roxborough. they are contracted out by the books to set the lines independently.

http://www.lvsc.com/index2.html

google cache of about.com article

Slacker13 09-30-2005 06:49 PM

Re: Going against the public
 
[ QUOTE ]
all the lines are set by the LVSC (Las Vegas Sports Consultants). its a group of about 5 guys who sit there all day and figure out the lines. it was on sportscenter last year when they had their 5 day series on gambling. as far as i know, these are the only guys who set the lines, and then from their the movements for each individual book change based on the money coming in.

[/ QUOTE ]

Yes, you are correct. It use to be americas line which I believe went out of business once roxy retired or they changed the name.


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