| Re: The MLB Playoffs crapshoot theory Oh, by the way Brandon, to answer your earlier question, Vegas also sets the football lines that way. It's easier though, because with the point spread, you just want EXACTLY the same amount wagered on both sides. With the baseball, you have to do the +180/-160 type stuff, and it makes the calculations much harder.
Basically, the Vegas bookmakers figure out what the "fair" spread is. Then, they usually give all the favorites an adjustment, because it's human nature to pick the favorite, so in order to get equal money on both sides, you have bump the spread up a little bit.
Plus, certain popular teams, like Patriots, Colts, Steelers, etc. usually get an adjustment, since people are less likely to bet against those teams. Not many people realize this, but the Colts play a LOT of close games, but they usually have a really big spread, because thaty's the only way the Vegas bookies can get equal money on both sides of the game
Last edited by Dr. Giganto; 11-10-2007 at 06:14 PM.
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