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  #21  
Old 09-30-2005, 03:10 PM
whipsaw whipsaw is offline
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Default Re: Going against the public

[ QUOTE ]
Let me explain something. This is sports betting with sportsbooks that can do whatever they like. By adjusting the line to bait the public they are in a sense expressing an opinion on who they think will win that game and take a gamble that they can bait the public to go with the loser. They are not fixing games, that would in fact be illegal. Your argument is completely sensless and IMO if your this blind to what they can and most likely will do then continue betting the favorites and learn nothing from what i have said. Do you think every sportsbook sets their own lines? The answer is no. Someone is hired and paid extremely well to set the opening line. If that person knows so much that he is able to set a las vegas/offshore betting line then that person has a lot of knowledge about sports, betting and setting lines. With that said do you really think that person does not have an advantage? Is it not his job to make the casinos money? It seems very logical that what i am saying is true. And I can tell you that I think it happens, it makes perfect sense and it is most definately not illegal. It has nothing to do with setting prices on hotels which is probably the silliest argument you could make.

[/ QUOTE ]

Wow, chill dude. I never said it was illegal for books to set a line that has an advantage over the public. That's their job. I was simply responding to the notion that sportsbooks call each other up and agree on a line. 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.
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  #22  
Old 09-30-2005, 03:14 PM
Slacker13 Slacker13 is offline
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Default Like This.

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  #23  
Old 09-30-2005, 03:22 PM
West West is offline
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Default Re: Going against the public

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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.
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  #24  
Old 09-30-2005, 03:22 PM
Slacker13 Slacker13 is offline
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Default Re: Going against the public

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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.
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  #25  
Old 09-30-2005, 03:25 PM
Slacker13 Slacker13 is offline
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Default Re: Going against the public

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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.
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  #26  
Old 09-30-2005, 03:55 PM
Slacker13 Slacker13 is offline
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Default Re: Going against the public

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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.
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  #27  
Old 09-30-2005, 04:04 PM
Webster Webster is offline
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Default 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.
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  #28  
Old 09-30-2005, 04:53 PM
Slacker13 Slacker13 is offline
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Default Re: Going against the public

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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.
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  #29  
Old 09-30-2005, 06:41 PM
duma duma is offline
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Default 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
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  #30  
Old 09-30-2005, 06:49 PM
Slacker13 Slacker13 is offline
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Default 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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