Point Spread is Created with Trying to Beat the Wise Guys!!!
A number of sports gamblers, both beginners and veterans, fail to understand the true meaning of the point spread and the thought process that goes behind the making of the spread for each game. The sportsbooks are aware that the so-called wise guys (smart bettors) are going to wager more money on the average than a typical bettor, so the point spread is created with trying to beat the wise guys. If a sportsbook has the wise guys on one team and in general public betting on the other side, they typically will be rooting for the public, with the knowledge that the public bettors are more likely to give back their winnings on another game. The next time you see a point spread, remember the person taking the bet doesn't necessarily believe the favored team is that many points better than the underdog, but they do think the point spread will generate an equal amount of money wagered on both teams. The point spread isn't designed to be a true representation of how much better one team is than another, but is designed to attract an equal amount of money on both teams, so that the sportsbooks are guaranteed a profit. A rule of thought "follow the money" The most important thing that I learned as a streetwise Kid growing up in Vegas is information[ reach out to ever body in your circle of influence in sports betting. I live in Las Vegas and alive and well, making my bets at Sports Book at Caesars Palace Las Vegas.
Mr.Hårr¥THëHÄT
PS... Look for my threads this fall for NFL[ 2014 season of NFL including play-offs and super bowl
MR.HARRYtheHAT
A number of sports gamblers, both beginners and veterans, fail to understand the true meaning of the point spread and the thought process that goes behind the making of the spread for each game. The sportsbooks are aware that the so-called wise guys (smart bettors) are going to wager more money on the average than a typical bettor, so the point spread is created with trying to beat the wise guys. If a sportsbook has the wise guys on one team and in general public betting on the other side, they typically will be rooting for the public, with the knowledge that the public bettors are more likely to give back their winnings on another game. The next time you see a point spread, remember the person taking the bet doesn't necessarily believe the favored team is that many points better than the underdog, but they do think the point spread will generate an equal amount of money wagered on both teams. The point spread isn't designed to be a true representation of how much better one team is than another, but is designed to attract an equal amount of money on both teams, so that the sportsbooks are guaranteed a profit. A rule of thought "follow the money" The most important thing that I learned as a streetwise Kid growing up in Vegas is information[ reach out to ever body in your circle of influence in sports betting. I live in Las Vegas and alive and well, making my bets at Sports Book at Caesars Palace Las Vegas.
Mr.Hårr¥THëHÄT
PS... Look for my threads this fall for NFL[ 2014 season of NFL including play-offs and super bowl
MR.HARRYtheHAT
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