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jayrot10/01/20241 replyview on HN

Also, for what it's worth, the idea that betting lines and odds are set to make "equal money on both sides" is a very simplistic and often ignorant talking point. It is quite possible if not common, especially on big games like the SB, for the books to have significant exposure to one side.

Making betting lines is a crazy complex mix of the house essentially betting on an outcome themselves, tempered by a limit to exposure/liability as well as the need to keep lines in basic accordance with other linemakers.

It's unreal how good these guys are most times.


Replies

smabie10/04/2024

With a 10% edge you really don't need to be very good

And in fact if these guys were good they wouldn't be banning people at all