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That last Eagle TD was REAL SOFT. It saved Vegas $$$$$.

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MikeG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 05:40 PM
Original message
That last Eagle TD was REAL SOFT. It saved Vegas $$$$$.
I'm just saying...
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WilliamPitt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 05:44 PM
Response to Original message
1. So are you now gonna say the fix was in?
:tinfoilhat:
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MikeG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 05:45 PM
Response to Reply #1
2. No, but they did pretty up the score.
Edited on Tue Feb-08-05 05:46 PM by MikeG
70% of the money took more than 7 points.

So either team could win and Vegas would not lose $.
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Awsi Dooger Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-11-05 08:22 PM
Response to Reply #2
3. The Super Bowl outcome was ideal for Nevada sportsbooks
I live in Las Vegas and have worked in sportsbooks, and the sports betting industry, since the '80s, currently doing statistical work and as a linemaking consultant. I've also worked against them, as a bettor and in sports betting groups. It's somewhat of a myth that sportsbooks win regardless of the outcome. The money is never completely balanced and you always have things like future bets or parlays that significantly sway the bottom line.

This year the sportsbooks were in jeopardy if New England covered the -7 and the game went over the total of 48. There were tons of parlays of Pats and over, plus the majority of straight bets were in the same direction. But the sportsbooks did not want Philly to win, since they were in more liability with future bets on the Eagles than the Pats.

The perfect outcome for sportsbooks, and bookies in general, was New England to win by 1 to 6 points and the game to go under 48. That last Eagle TD made it a very successful NFL season for Nevada sportsbooks. One more Patriot TD, with a final of 31-21, would have left sportsbook managers crying the entire offseason.

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Mojambo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-11-05 09:03 PM
Response to Original message
4. It made me some coin. n/t
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