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What is the Standard for Setting Odds?

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  • What is the Standard for Setting Odds?

    I've noticed lately that a lot more books are starting to create their own lines (whether they do it themselves or have others do it for them). On any given day when you look at odds for the "minor" sports like golf, nascar, tennis etc. the lines and propositions will vary greatly from book to book. Any idea if this will soon be the norm?

  • #2
    Wish they would make their own lines for the major sports

    What kind of variances to you see with the other sports? (minor)

    Do they open with the same numbers and then move on money? Or do you see them open with different numbers?

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    • #3
      Usually different numbers. IMO you can tell a book that is innovative because they post lines before LVSC/Don Best post theirs. Take a look at places like WSEX, Intertops, Unitedbet, Olympic, Centrebet etc. These places will have lines up days before anyone else and they are often different from the norm. For example all these books except Centrebet had their NASCAR lines up for Atlanta yesterday. Books that use Don Best/LVSC or that other guy I forget his name, will usually wait until Thursday or Friday to post odds for the next race and the hold is often significantly higher.

      As well, Intertops always has their unique bets like Survivor, WSEX has basketball scoring matchups and interactives, Olympic has proposition bets on every NBA and NHL game as well as moneylines on all games and Unitedbet has betting on CART, F1 and NASCAR including matchups, pole position, and unique wagers.

      IMO, that is what makes a sportsbook worth joining - unique bet options and lines that are different from "the norm". As Reality has said many times, an innovative book is much more intriguing than a clone joint.

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