Not shocking. I heard GVC is telling them bettors will pay more and margins should be higher based on Euro experience.
MGM online handle in New Jersey near the bottom and they go to bigger margins ? ok the slow quarter it works sometimes.
This will never happen with the betting populace.They could actually get beat badly this way. Assume the betting populace recognizes value and only plays the numbers that have developed value. Bets taken would be one-sided and they could get killed. However, if they insta clone the marketplace they could effectively reduce the volume to such a low amount they would not make enough to pay the help.
Are any of you concerned that Vegas could go to 15 cent lines and what are you going to do about it
This will never happen with the betting populace.
Value is an unknown to them.
If they think the patroits w win the line could be -3 or -10. Doesnt matter to them.
Ne could be -21 this week vs the dolphins. The betting populace has no concept of a number where they would put money on the dolphins.
Ne could be -27 and the thought would be well the pats beat the steelers by 30 and the dolphins lost by 49.
Pats roll easy
You get in trouble when you chase and bet recklessly. You shouldn't be live betting a game you had action on before the game unless you're hedging and making a profit.
The problem with your "sharps would be all over the dolphins" is a square book either bans or restricts sharps to the point where it isn't their time to get this for a few hundred bucks. Basically gives them a game that will get one way action.If they did do something crazy like -27 - Sharps would be all over the Dolphins and the sports book themselves would be gambling on the Patriots -27. Right along with the squares who did not know any better. In a way the sharps keep the marketplace honest for the squares who do not know or care.
But, I do agree on your point that value is unknown to squares. It is possible for the squares to win - they can all be on the same side. Sharps say - not touching this place because of the high juice. That is not really bookmaking as much as gambling the squares will always lose.