Sportsbook delay in hanging monelines in nfl

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  • The General
    SBR Posting Legend
    • 08-10-05
    • 13279

    #1
    Sportsbook delay in hanging monelines in nfl
    Why does a sportsbook wait to put up money lines but have spread posted much sooner.

    Tks
  • milwaukee mike
    BARRELED IN @ SBR!
    • 08-22-07
    • 26914

    #2
    Originally posted by The General
    Why does a sportsbook wait to put up money lines but have spread posted much sooner.

    Tks
    my guess is they were getting creamed on early moneylines... usually books stop doing what they are getting killed on

    look at betonline, they take huge bets but don't even have game props on ncaaf or nfl any more, even though they were 500 limits
    Comment
    • LT Profits
      SBR Aristocracy
      • 10-27-06
      • 90963

      #3
      Originally posted by The General
      Why does a sportsbook wait to put up money lines but have spread posted much sooner.

      Tks
      Don't moneylines usually get posted same time as totals? if so, that would explain it, MLs are dependent on spread/total combo.
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      • The General
        SBR Posting Legend
        • 08-10-05
        • 13279

        #4
        I'm unaware that totals are a factor. I thought spread to ml conversions were standard formula. Tks
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        • LT Profits
          SBR Aristocracy
          • 10-27-06
          • 90963

          #5
          Originally posted by The General
          I'm unaware that totals are a factor. I thought spread to ml conversions were standard formula. Tks
          No, ML for -7 with total of 50 is different than ML for -7 with total of 38.
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          • The General
            SBR Posting Legend
            • 08-10-05
            • 13279

            #6
            I was not aware. Thank you. Is there a chart out there.
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            • LT Profits
              SBR Aristocracy
              • 10-27-06
              • 90963

              #7
              Originally posted by The General
              I was not aware. Thank you. Is there a chart out there.
              No because different books use different algorithms. The logic is obvious though because the higher the total, the less valuable each half-point is.
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              • semibluff
                SBR MVP
                • 04-12-16
                • 1515

                #8
                I suspect books put out the spread 1st because they only want 1 soft line in the public domain rather than 2. There's no reason to give the public 2 chances to beat them. Also with only 1 line any significant volume on a 'bad line' would mount up more quickly and be corrected at less cost to the book. Spread at -110 is likely less damaging than an error on the underdog on a -500; +350 line because it would be difficult to get 3.5+ times the amount of money on the spread and thus create the same liability.
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                • The General
                  SBR Posting Legend
                  • 08-10-05
                  • 13279

                  #9
                  Appreciate it gentlemen
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                  • milwaukee mike
                    BARRELED IN @ SBR!
                    • 08-22-07
                    • 26914

                    #10
                    Originally posted by The General
                    Appreciate it gentlemen
                    i think lt profits nailed it, but then of course these places move on air from sharps so then you get bookmaker -4 on packers at -205 (47) and kc -4 -215 (55) when theoretically the packers should be the higher ml

                    good to see there are still intelligent discussions here where people can treat each other with respect

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                    • LT Profits
                      SBR Aristocracy
                      • 10-27-06
                      • 90963

                      #11
                      Originally posted by milwaukee mike
                      i think lt profits nailed it, but then of course these places move on air from sharps so then you get bookmaker -4 on packers at -205 (47) and kc -4 -215 (55) when theoretically the packers should be the higher ml

                      good to see there are still intelligent discussions here where people can treat each other with respect

                      I was talking about openers because that was what The General was asking about. Once the openers are up though, more lopsided action on either the spread or monryline can throw things a bit out of whack such as the example you gave.
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