Wednesday, August 1, 2012

The Different Lines at Different Books, why you should shop around.


      Was looking at another Sports Book today and noticed that their Line on the up coming American Football game was very different than the book I normal use. Their Line is Arizona Cardinals +3 -125 and New Orleans Saints -3 +105 and the Over/Under, Over 34½ -115 and the Under 34½ -105. Where my regular Sports Book has the Line as Arizona Cardinals +3 -110 and New Orleans Saints -3 -110 and the Over/Under 35 -110.

      This is why I have accounts with more than one Sports Book, but even though I do have accounts with 3 books I do the majority of my wagering with just one. The others are back ups in case there are some differences in the lines or what games are offered.

      Back to the Lines as you can see the New Orleans Saints, who I expect to win, at this other Sports Book is actually at -3 +105 which imply that more people who bet at this Book think that the Arizona Cardinals will win and the Book has moved the Line to try to get people to bet on the New Orleans Saints.

      Now why does the Book care which side people bet on as long as they bet with them. Well if all the money bet at a Book is on one side and that side wins then the Book does not take in enough money on the losers of that game to make a profit. A Book wants to make a profit no matter who wins the game and to do that, they need as close to an even amount bet on each team as possible. This allows the Sports Book to earn the “Vig” and show a profit every time and also why people always say that the “House always Wins”. Because if the Line was right and the betting close to even then they do always show a profit.

      Now that you understand why a book moves the Line you can understand when you should rethink your bet. If you did your research and you have faith in your bet then bet the team you like, but if you see the Line is really against you and you don't have really strong faith in your team, then either look around for a different Line or just don't bet on that game.

      Well good luck with your wagering, as you can guess since I think that the New Orleans Saints are going to win I placed a bet at this Book this morning so that I can win more money. Well hope to hear from you soon, please leave any questions about Sports wagering or picking a Sports Book in the comments.

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