Not coming at you. Just asking to explain past Vegas odds. They havent been correct in the past few games. Im talking about matchups. Ball State is a better match up than BG vs Buffalo. BG only does one thing well......Pass. They cant stop the run...they dont defend the pass well. Ball State has played ND and WKU who pass a lot. Ball State has seen a Miami-like team on their schedule. Thats all. Dont get all sensitive BTC.
Vegas set lines for one reason...to get equal amounts of money bet on each side. In an ideal world for the sportsbook, they want half the money on the winner, half the money on the loser. Loser gets zero and winner pays 10% vig to the house. It an automatic profit for the house.
A line is a best guess, but also meant to incite equal action. If too much money comes in on one team, the line moves to entice money on the opposite team. Historically, Vegas loses money when a lot of favorites win because most bettors take the favorite. For the record, betting on Ohio this season has been profitable. They're 7-4 against the spread, and their games have gone over 6/10 times.
If you want to look at odds of a team winning outright (which is what Ohio needed), you have to look at the moneyline figures. Ball State was slightly more likely to win than BG, but both were extreme long shots. Ball St was +431, BG is +492.
Unfortunately, this is the only kind of entertainment I get from Ohio Football after October 15th most seasons so I tend to pay attention. The MAC is a good conference to bet. If you see me cheering like crazy when Akron scores in the 4th, you'll know I took the game over 54.5.
Now that New Jersey has legalized sports betting,several of the local radio stations have shows that go over all the ins and outs of it.
The shows deal primarily with pro teams,mostly NFL.
They've had on a number of guests who work for sports books.
Its interesting to hear how they set the lines on certain games, and why there
are sometimes significant variations in the lines between sports books.
Its interesting to listen to,but personally I have no interest in betting.
Back in the pre-legal days,I knew several people who lost big time,thinking they knew more then the bookies.
And,apparently, bookies do make threats if you get behind on payments.
Also don't know anyone who bet regularly,and came out ahead in the long run.