nbducksfan19
Registered User
- Jun 4, 2008
- 3,107
- 1,514
It sure seems Fantillu
This is a half truth. More often than not the money (big money) is coming in because people know something, or think they know something, that gives them an advantage over the House. It may not be the books that know something, but they are certainly reacting to big money movements which are often caused by knowlege.
That's exactly how betting lines move. The house's only objective is to get half the money on each side of the line and take their cut while paying off winners with money collected from the losers. If too much money starts coming in on one side, the odds move. It doesn't mean anybody knows anything, just that the money bet is geting lopsided and the house doesn't want that.
This is a half truth. More often than not the money (big money) is coming in because people know something, or think they know something, that gives them an advantage over the House. It may not be the books that know something, but they are certainly reacting to big money movements which are often caused by knowlege.