What In the event the betting line or spread was established by four sports advisory companies without collusion or previous comprehension of each others numbers!

Lets face some facts concerning this number or point spread that usually comes from one Sports Advisory Group. This number is sold or distributed to the sports betting outlets online as well as the legal Sports Books in Nevada. These outlets put their little tweak on the line by 1/2 point or 1 point or an extra $5 on the money odds. On the flip side, everybody will post their number which is the same or within a point of each other. This really is the equal of price fixing and collusion in any other industry.

How come the Sports Betting Industry has the exact same price or spread on their own betting board? WHY – because nobody desires to rock the boat!

What if this process of establishing a betting line was not a monopoly but was provided by at least four sports consulting groups which were independent of each other. Each group would then post their calculated number for the worldwide sports betting outlets to buy and use for their operation.

This new mode of operation would unlock the monopoly that exists in the event the line is established. Now what happens? Would some books dare to post numbers that are distinctive from others by 4 or 5 points either way. I doubt it since nobody desires to rock that boat. Is this collusion by the sports books so they may keep their share of the market and not create a price or point spread war.

The process of constructing the point spread number is probably done by way of a software program with all of the statistics as well as other information to Get More a base number. Then the actual number is refined to include public perception as to where the general public will place their money. It’s no secret that Sports Books speculate or predict at what number the public will be evenly divided.

There are a variety of times when the line isn’t even close to the final score. They do come close about 65% of the time. On the flip side, in the event the spread is minus 7 as well as the favorite wins by 21 points or the underdog wins outright, their number is way off.

If that minus 7 point favorite is listed at minus 11 points at another outlet would there be a Revolution among Sports Book operators. Would this difference of opinion cause a whole lot of anxiety with casino management. I am sure they might question each others actions after doing the same thing together all these years.

For a true and balanced market to emerge within any industry, there should be some options and competition among-the players involved. A Betting Exchange is extremely close to a far more balanced betting market considering that the levels of competition are against other bettors. The spread will be the same but the money odds are much better with more options.

In the event the Sports Books in Nevada and online books decide to re-arrange their Sports Book operations to include some alternatives to the spread, they’re going to improve their handle and be more competitive. I would install some form of Spread Betting that is big in Europe. Allow more options with alternative lines and charge a little more vigorish. Some online books have alternative run lines on baseball. They post the run line at minus 1.5 runs on the favorite and underdog within the same game.

The Sports Betting outlets need to become more innovative to maintain a marketplace share. We know they probably will not “rock that boat” unless one or more sports betting venues develops a rogue or maverick mentality. This could be a big gamble that may payoff and increase market share. On the flip side, it is ironical that sports books do not want to be in the gambling business. They just want to collect their commission and avoid too much risk. They’re more concerned about the heavy hitters than the small average recreational bettors who lose more frequently.

Promoting or seeing changes within any financial markets is much like getting people to stop smoking or obese people to lose weight. Change is difficult for a lot of folks and businesses. Since they say “talk is cheap”. On the other hand, I feel technology is becoming more prevalent in Sport Betting industry. Hopefully, it shall create a far more vibrant market with better options and many more competition within the sports betting community.