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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