What's up with bodog's RL pricing?

**nj6** · 06-03-10, 04:00 PM

Interesting you bring this up but I have no clue.

**NOLA42** · 06-03-10, 05:41 PM

hmmm very interesting

**Pancho sanza** · 06-03-10, 06:13 PM

AL/NL games get priced differently, although I agree that the #'s seems off.

**Justin7** · 06-03-10, 06:42 PM

Yes, it should be about a 7-cent difference. With Bodog's spread on the RL though, both sides of the runline could still be -EV. Do they use 20-cent spreads on those?

**djiddish98** · 06-03-10, 08:00 PM

Nah, it's worse than that - 30 center (I believe starting at +160)

There wasn't positive expected value there, but you'd still expect an electronic book to include totals in their calculations.

I would hazard a guess that they simply have a threshold for the MLs that trigger a RL shift. If ML crosses X number, adjust the RL by Y (Y probably = 5 in situations like this).

This isn't based off of any hard data - just a simple observation.

On a side note - do you include the lean for the total in your ML / RL Conversion chart? I would assume that a total at pinnacle that's +114 / -126 should be counted slightly differently than the same total, but sitting at -105 / -105.

I don't convert MLs to RLs as part of my strategy; just curious.

**Justin7** · 06-03-10, 08:07 PM

I convert totals to decimals when doing RL conversions.

Some books pay no attention to the relationship between RLs and MLs. If a ML moves 4 cents, they don't adjust the RL until they get hit.

**skrtelfan** · 06-03-10, 11:38 PM

Were you actually logged in, or looking at the Bodog line feed on SBR lines? Only the very new and the clueless actually get to bet their public line set, aka the "square line set," as they deal dual lines and their lines are often different, particularly with regards to RLs. It's pretty common that the real line that everyone non-new or non-clueless gets is worse for the +1.5 and better for the -1.5. Also, they graduate to a 30c line by +160, so they're offering +1.5 -190 and -1.5 +160. With that wide of a split, you don't need to be completely accurate with your pricing.

Those two games closed with very similar totals on Pinnacle anyway.

**mathdotcom** · 06-04-10, 07:28 AM

Originally posted by Justin7

I convert totals to decimals when doing RL conversions.

Some books pay no attention to the relationship between RLs and MLs. If a ML moves 4 cents, they don't adjust the RL until they get hit.

It amazes me how square some books are sometimes - and then also how long they stay in business.

**djiddish98** · 06-04-10, 07:43 AM

Originally posted by skrtelfan

Were you actually logged in, or looking at the Bodog line feed on SBR lines? Only the very new and the clueless actually get to bet their public line set, aka the "square line set," as they deal dual lines and their lines are often different, particularly with regards to RLs. It's pretty common that the real line that everyone non-new or non-clueless gets is worse for the +1.5 and better for the -1.5. Also, they graduate to a 30c line by +160, so they're offering +1.5 -190 and -1.5 +160. With that wide of a split, you don't need to be completely accurate with your pricing.

Those two games closed with very similar totals on Pinnacle anyway.

I was logged in at the time. I took a look at SBROdds as well, and it was showing +155 for the -1.5 in the "square set". I'm guessing they give shorter odds on the -1.5s because they tend to be more publicly bet.

Edit: SBRodds has been acting a little weird lately with updating bodog's line (or maybe it's just me) so I might take their info on the square set with little more than a grain of salt.

**LT Profits** · 06-04-10, 09:17 AM

That Dodgers Run Line is 20 cents off market.

**djiddish98** · 06-04-10, 09:24 AM

Originally posted by LT Profits

That Dodgers Run Line is 20 cents off market.

I wish it was - I posted this yesterday and it closed at +164 / -178 at pinnacle.

**LT Profits** · 06-04-10, 10:14 AM

Sorry, I thought you were referring to Friday.

Carry on.

**skrtelfan** · 06-04-10, 07:32 PM

Originally posted by LT Profits

Sorry, I thought you were referring to Friday.

Carry on.

Bodog would absolutely never have an MLB line up for Friday at 430pm Eastern time on a Thursday. There are times they haven't even put up totals yet at 5pm on the day of the game.

**djiddish98** · 06-04-10, 07:36 PM

Any game in Coors Field seems to have totals lines delayed longer than the others. I'm surprised, because they're just copying lines anyway.

**skrtelfan** · 06-04-10, 08:23 PM

Yeah, Coors and Wrigley games usually seem to be the culprits. I know most books don't put up Wrigley totals until the day of the game but almost everywhere has them up by noon. I've seen Bodog with Wrigley games OTB at 5pm.