ไม่สามารถเล่นวิดีโอนี้
ขออภัยในความไม่สะดวก
The Math Behind How Betting Odds Are Set | Mach | NBC News
ฝัง
- เผยแพร่เมื่อ 1 ก.พ. 2017
- Sports betting is big business in America and no event is larger for American sports than the Super Bowl.
» Subscribe to NBC News: nbcnews.to/Subs...
» Watch more NBC video: bit.ly/MoreNBCNews
NBC News is a leading source of global news and information. Here you will find clips from NBC Nightly News, Meet The Press, and original digital videos. Subscribe to our channel for news stories, technology, politics, health, entertainment, science, business, and exclusive NBC investigations.
Connect with NBC News Online!
Visit NBCNews.Com: nbcnews.to/ReadNBC
Find NBC News on Facebook: nbcnews.to/LikeNBC
Follow NBC News on Twitter: nbcnews.to/Foll...
Follow NBC News on Google+: nbcnews.to/PlusNBC
Follow NBC News on Instagram: nbcnews.to/Inst...
Follow NBC News on Pinterest: nbcnews.to/PinNBC
The Math Behind How Betting Odds Are Set | Mach | NBC News
Low information video. No math involved at all!
This video misses one VERY important piece of reasoning behind where betting lines are set for sports. There ARE predictions being made, but not necessarily regarding who wins or the final score. In most cases, the odds makers are less interested in what the outcome of the event will be, but on how the betting line effects how people bet. Generally, they want half of the money to be bet on each side. Usually a bettor wagers $100 to win $90. So, if 10 people bet on Team A and 10 bet on Team B, if team A wins the book takes in $1000 from the losers and pays out $900 to the winners, profiting $100. And if Team B wins? The book makes the same amount of money. That way the house is guaranteed a profit no matter what happens. That is why you will occasionally see the line change mid week even if there have been no new developments (player injuries, etc). It often just means that too much of the money is being bet on one side, so the line gets adjusted to entice action on the other side. Many times after a game you will hear talk radio pundits talk about how 'wrong' the oddsmakers were because the final score was nowhere close to the line that was set. If the line that they set balanced the books and guaranteed their employer a profit they may have been much more correct than people think. There are of course many other factors that come into when talking about parlays, money line bets and the like, but I have confined my comment to simple point spread and over/under scenarios for simplicity. The same underlying principle applies to all different kinds of odds setting though: guarantee a profit.
Hey man this makes way more sense we need you to make the video instead.
Exactly and that's the real reason why the house always wins. A lot of people have this misunderstanding that you can't make a profit off of sports betting and they use that saying but this is it's actual meaning.
Why are you speaking on things you don’t know anything about. Books take positions shaped by sharp action. They don’t balance nor is that possible
If there is imbalance they have to call the league commissioner, team owners, coaches, and ref to fix the game.
My friend in college spent 15 years working as a mathematician for the US defense department. He left to become one of the highest paid mathematicians setting the odds for a Vegas sports book. He never talks about his job no matter how much he’s asked.
Your friend is serious man.Keep him!
They swapped him for an alien
Apparently he did if you know about it
He probably signed an NDA. In fact, I would bet money on it.
And there's always the possibility of fixing a game to cover the spread
We all know this is for sure. They just wont admit it! Seen too much
Seriously? Could have been a 30 second video, including intro and outro. "They have super secret algorithms based on how well they think the teams will do. Fin."
This was great, I have been researching "uk betting odds explained" for a while now, and I think this has helped. Ever heard of - Ranhloe Breathtaking Review - (Have a quick look on google cant remember the place now )? It is a great one off product for discovering how to find a winning betting formula without the hard work. Ive heard some interesting things about it and my partner got amazing success with it.
Excellent Video! Apologies for the intrusion, I am interested in your thoughts. Have you researched - Eeyndraw Unthinkable Equalizer (should be on google have a look)? It is an awesome exclusive product for discovering how to use this winning soccer betting system minus the normal expense. Ive heard some great things about it and my cousin at last got excellent success with it.
Cheers for the video content! Sorry for butting in, I am interested in your thoughts. Have you considered - Eeyndraw Unthinkable Equalizer (do a google search)? It is a smashing one off product for discovering how to use this winning soccer betting system without the headache. Ive heard some unbelievable things about it and my old buddy Taylor at very last got astronomical results with it.
Cheers for the Video clip! Sorry for butting in, I am interested in your initial thoughts. Have you tried - Eeyndraw Unthinkable Equalizer (Sure I saw it on Google)? It is an awesome one of a kind product for discovering how to use this winning soccer betting system minus the normal expense. Ive heard some interesting things about it and my best friend Jordan at very last got astronomical results with it.
This was great, thanks, I been tryin to find out about "guaranteed betting" for a while now, and I think this has helped. You ever tried - eyamilla Yeyevi Eradicator - (should be on google have a look ) ? Ive heard some amazing things about it and my partner got great results with it.
The house wins every time
Many thanks, I been tryin to find out about "what is a football tipster picks" for a while now, and I think this has helped. Ever heard of - Arnatthew Uncomplicated Ascendancy - (do a google search ) ? It is a good one of a kind product for discovering how to get a betting method that is unique without the headache. Ive heard some incredible things about it and my partner got amazing results with it.
This video was so pointless,on the coin flip you took the lonnng route, just to get to a 50/50 chance for heads or tails,and then a longer route to say idk how odds makers really figure there odds because it's privileged information...🤦🏾♂️
No secret meeting between vegas wise guys???
Super Bowl is very Stressful
Making facts but not the answer 😂
Extremely informative and in depth
Just get Jake Paul and boxing it’s fixed every time
Oddmakers have always inspired an amazement in me!
...and I lived in Las Vegas 20 years.
Sports betting - once in a while for the thrill of the game.
*NEVER BET ON YOUR TEAM and NEVER EVER BET MOVE THAN 2 GAMES* - Wisdom from (Lefty Rosenthal - arguably the best known Oddsmaker)
Put all your wager on 2 and realize a profit payout over the calculated potential loss.
"(...I put 2 of my Bookie's kids through college on the Over and Under." What Movie is this line from?)*
Is Trabeplom System helpful to making some cash in the betting online ? We have learn many good things about this popular betting system.
The "Trabeplom System" is a scam. That comment was created by a bot which spams on anything betting related.
Where is the math???????????.?
Until the pandemic I was a sports better in Vegas...mostly inplay...and this is illiterate .
Iya ya Allah.
wasting our time to watch just
There are several components to how to win sports bets. One resource I found which successfully combines these is the Sebs Sport Crusher (check it out on google) definately the best resource i've heard of.Check out the incredible information .
This is just superb, been searching for "what does mean in soccer betting" for a while now, and I think this has helped. You ever tried - Genylan Unprecedented Genie - (Have a quick look on google cant remember the place now )?
It is a great one off guide for discovering how to generate your own enegy supply minus the headache. Ive heard some super things about it and my mate got amazing success with it.