Blackjack and Card Counting Forums -

Old November 7th, 2011, 02:50 PM
WABJ11's Avatar
WABJ11 WABJ11 is offline
Senior Member
Join Date: Apr 2006
Posts: 262

Originally Posted by FLASH1296 View Post
As has been stated here already, the Sports Books DO take positions, so they often have their lines geared to encourage the weaker side, like the favorites in NFL match-ups. So their lines may sometimes reflect an attempt to create a near 50-50 split on the action, but they are willing to be quite a bit off of that mark exposing themselves to a loss, but assuring improved long-term profits. Their loss is softened or even eliminated by the vig' that they charge.
So you could run a profitable sportsbook with say 5 guys because of the vig?

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -6. The time now is 07:34 PM.

Forum Software vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright 2005-2011 Bayview Strategies LLC