Yes, it’s the one time of year when gambling is tacitly accepted in the United States. By comparison, my buddy Tony reminded me today that Europeans can openly bet on everything from Charlie Sheen’s next girlfriend to the Facebook IPO. I’m not going to go through all the Super Bowl prop bets — that’s been done to death. Instead, I want to look at the line movements for the Super Bowl, which shed some light on how line setting works (hint: it’s not always about getting half the betting on each side of the line).
The Patriots opened as 3.5 point favorites in many books, but it quickly became clear that the Giants would get many more bets at that number. The standard argument is that Vegas doesn’t care if their line is “accurate” (in terms of the actual game outcome); they just want Continue reading
As the dust settles: week 17 recap and playoff preview
The playoffs are set! I’ll give my thoughts on each match up in a moment, but let’s look at what happened in week 17 first. Seven teams were fighting for their playoff lives, and 7 out of 9 that had clinched were still playing for a higher seed. Like last week, let’s start with the teams that have a legitimate chance to win the Super Bowl (at least 10 True Wins and a stable quarterback situation; if you haven’t read about True Wins yet, what are you waiting for?):
All these teams got the job done in week 17. I was confident that the Steelers would win a defensive struggle against the Browns Continue reading →
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