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Yuma

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Yestersday Marty S. said the starting offense for the Bolts would probably NOT play more than a series or two, if that much. He is leaning on not playing the starters at all due to injury concerns. After Flutie, our third string QBs looked abysmal last game, and Marty played them for half the game! Our back up WRs all looked horrible, too! I think you guys will win the game even though the last line I saw had Chargers by 5. How do they come up with those lines for preseason???
 

Crimson Warrior

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Originally posted by Yuma
Yestersday Marty S. said the starting offense for the Bolts would probably NOT play more than a series or two, if that much. He is leaning on not playing the starters at all due to injury concerns. After Flutie, our third string QBs looked abysmal last game, and Marty played them for half the game! Our back up WRs all looked horrible, too! I think you guys will win the game even though the last line I saw had Chargers by 5. How do they come up with those lines for preseason???

whats the deal with your sig man?

and don't bet on pro football. its the biggest sucker bet ever invented.

bet on college football if you have to bet. it is a little easier since there are too many games for the vegas guys to handicap effectively


:thumbup:
 

CardAvenger

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I think Marty's afraid that Adrian Wilson might break Boston in half!! (That'll be $100K, please)
 

JD Robertson

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If you are saying that the starters will only be out there for a series or two does this mean that Boston will only play on 1 play since that is the type of receiver he says he is?

After seeing the hit Wilson put on another Ohio State grad, Terry Glenn, Marty thought twice about sending Boston out there.

JD
 

Tangodnzr

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First of all, games like this are initially handicapped to pull the most betting money in. It has nothing to do with who may actually win the game, its all about the perceptions of the bettors.
Obviously the bookmakers think they will draw the most money by spotting the Chargers the points to win.

Also, I saw a little, not a lot of the Charger/Seahawk game.
If they play us the same as they did Seattle, they are going to get their arses handed to themselves on a plate.
 

Brighteyes

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I have no idea how this works, so I'm asking.

Since Vegas has to make money, do they find a point spread where they get as many bets on the one side as the other? So that whoever wins, Vegas hasn't lost money?

And if so, how do they make money?
 

SeattleCard

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Originally posted by JD Robertson
If you are saying that the starters will only be out there for a series or two does this mean that Boston will only play on 1 play since that is the type of receiver he says he is?

After seeing the hit Wilson put on another Ohio State grad, Terry Glenn, Marty thought twice about sending Boston out there.

JD

Sorry - I love Wilson but David Boston is a monster. I don't think Wilson is big enough to put the kind of lick on Boston as he did on Glenn.
 

SECTION 11

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Originally posted by Brighteyes
I have no idea how this works, so I'm asking.

Since Vegas has to make money, do they find a point spread where they get as many bets on the one side as the other? So that whoever wins, Vegas hasn't lost money?

And if so, how do they make money?


All I know is that this coming Halloween, I'm taking some cash off the blackjack tables.
 

Tangodnzr

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Bright Eyes,

Having worked for Harrahs in Lake Tahoe, I can assure you that indeed the bookmakers primary concern in setting the odds they do, is to attract the most bets.
They take a % of all bets, so they make their money on the volume of the total bet, regardless of who wins....they could care less.

Ideally, their "point spread" will be such that they get an even split as far as betting each side (winner or loser), and thusly attract the most bettors.
If everyone bet one side or the other, then they would lose money, as they would have to take the % they received and use it to pay off the winning bets.

50-50...they keep all the "ante".
 

Rivercard

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Originally posted by Tangodnzr
Having worked for Harrahs in Lake Tahoe,

Tango - I've always thought it would be interesting to work in a casino. Just curious, what did you do at Harrah's?
 

Ryanwb

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Originally posted by Rivercard
Tango - I've always thought it would be interesting to work in a casino. Just curious, what did you do at Harrah's?


...you know that guy in the bathroom :D
 

Rivercard

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Originally posted by Ryanwb
...you know that guy in the bathroom :D

:biglaugh:

That has to be one of the worst jobs in America. Right up there with artificialy inseminating farm animals.
 

Shane

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Originally posted by Rivercard
Tango - I've always thought it would be interesting to work in a casino. Just curious, what did you do at Harrah's?

Let me just say that working in a Casino is neither interesting or fun!

They treat there employees like absolute crap! Its just about the money and little else!
 

LVCARDFREAK

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Originally posted by Tangodnzr
Bright Eyes,

Having worked for Harrahs in Lake Tahoe, I can assure you that indeed the bookmakers primary concern in setting the odds they do, is to attract the most bets.
They take a % of all bets, so they make their money on the volume of the total bet, regardless of who wins....they could care less.

Ideally, their "point spread" will be such that they get an even split as far as betting each side (winner or loser), and thusly attract the most bettors.
If everyone bet one side or the other, then they would lose money, as they would have to take the % they received and use it to pay off the winning bets.

50-50...they keep all the "ante".

That is correct. They want the betters to think they KNOW who will win. Meaning they want both sides to bet an equal amount so the house wins.

However they do care who wins because if everyone bets on the cardinals and the caridnals win, then not only do they not get the split they were hoping for, but also they have to pay out big $$$$ to the winners.
 

LVCARDFREAK

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Originally posted by Shane H
Let me just say that working in a Casino is neither interesting or fun!

They treat there employees like absolute crap! Its just about the money and little else!

I agree Shane. and it is one of the reasons why labor standards in Vegas (pay, work hours etc) are so screwed up for peple even working outside the Casino industry. They rule this town!!!

Shane, just curious, have you ever worked in a casino here?>
 

Tangodnzr

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Rivercard,
When I was going to WSU, Harrah's reps came on campus interviewing for summer jobs there. 8 of us from WSU ended up getting hired, We all lived in a condo for the summer, right on the lake.

As Shane said, the work itself, was nothing to brag about.
I started out the summer working in the slot dept. By the end of the summer, I was a supervisor in the slot dept.
He was also correct in that it was a "glory" job, more than a money making one. We were paid minimum wage, plus tips.
We were all like sheep or cattle, if we so much as breathed wrong, you could be fired. It was Harrah's standing policy that if a customer complained about your service, you were shown the door, literally no questions asked, since they knew there was a constant daily line of people at their employment office to replace anyone fired.

But other than that, it WAS fun, a great job for a college kid.
You could find a party somewhere, 24 hours a day, 7 days a week, with all the other employees around too.

It was a good education. I probably learned more there, than I did in School. :cool:
 

Rivercard

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Originally posted by Tangodnzr
Rivercard,
We were paid minimum wage, plus tips.
We were all like sheep or cattle, if we so much as breathed wrong, you could be fired

Too bad. Thought it would be neat to retire in Vegas and deal cards in the poker room.
 

Tangodnzr

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The best jobs are blackjack dealer, working at the craps tables, or Baccarat dealing. Those are where you make the tip money.

I never was around the poker much, so I can't say for sure how lucrative that is.
 

LVCARDFREAK

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Originally posted by Rivercard
Too bad. Thought it would be neat to retire in Vegas and deal cards in the poker room.

Hell the rest of your Los Angeles neighborhood is over here you might as well come too! :) I kid, I kid

Seriously, if you want to retire here you better do it quick if you hope to own a house here. The housing market is in such an incredible boom right now in Vegas. It is 20% higher than the national avergae which in itself is high.

Houses selling for $180,000 6-8 months ago are reselling for $290,000-$300,000

It is through the roof!
 

40yearfan

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Tango, a question. If the betting starts going heavily to one side only, don't they change the odds to push the betting to the other side?
 

Tangodnzr

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Originally posted by 40yearfan
Tango, a question. If the betting starts going heavily to one side only, don't they change the odds to push the betting to the other side?

Exactly, that's a big part of the handicapper's job.

First of all its making an edumicated guess at what the opening line will be. These guys have this down to a science fairly well.

Its a combination of knowing the team, but even more importantly...knowing who the bettors are and their tendancys.

If a run starts to one side or the other, that means the handicapper has miscalculated the bettors perceptions and indeed they will shift the odds as you suggested.

With the volume of bets normally placed though, it takes a pretty hefty run to initiate that.

If, for example, they set the opening line on Nebraska vs some opponent, they know how the husker fans will tend to vote.
Most husker fans are going to bet on them unless the line is really really skewed in their eyes.
They may all expect the huskers to win every game by 14 points, but if the point spread is 17 then some of them that would normally bet on the huskers will go for the money and the odds instead, and bet against them.

The key for "the house" (the bookmaker) to get the books "balanced" as much as possible with the closing odds.
Ideally the losers bets pay off the winners bets and the house walks with its %.
The more it swings one way or another, the more the house is going to have to dip into its pool to pay off the winners.
 
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