NCAA FINAL FOUR: Championship Game Thread

RUinPinehurst

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Aug 27, 2011
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Purdue vs NC State.... PU favored by 9.5 points
UCONN vs Alabama.... UCONN favored by 11.5

Take the points!
 

RUinPinehurst

All-American
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Betting lines pretty much holding steady with UCONN inching up slightly to a 12-point favorite. Purdue remains a 9.5-point favorite.
 

RUinPinehurst

All-American
Aug 27, 2011
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Slight wobble in the Final Four lines. UCONN now back up to an 11.5-point favorite, while Purdue dropped a bit and is now a 9-point favorite.
 

rob kight

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Oct 22, 2020
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In what would be an interesting game and very profitable to have the final four winner to play the NIT winner. Especially if it is Indiana State, I would love to see ISU play the dance winner.
 
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TDIrish27

All-Conference
Aug 2, 2001
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In what would be an interesting game and very profitable to have the final four winner to play the NIT winner. Especially if it is Indiana State, I would love to see ISU play the dance winner.

What if it was Seton Hall ?

Would you want that game played ?

Personally I wouldn't----it proves nothing.
 
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mikebal9

All-Conference
Oct 15, 2005
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The objective of sportsbooks is to establish a betting line that attracts equal $ bet on each team. So they want an equal number of bettors who take the points and give the points.
I really hate that this narrative is generally accepted as truth by the public. The books absolutely look for spots where they can fool the public and win. They do not simply want to win the juice on most bets. This simply isn't true.

Separately, advanced data shows Alabama and Purdue to be the plays. Not saying they'll hit (because variance is very real), but that's what the model I use shows.
 
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RUinPinehurst

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I really hate that this narrative is generally accepted as truth by the public. The books absolutely look for spots where they can fool the public and win. They do not simply want to win the juice on most bets. This simply isn't true.

Separately, advanced data shows Alabama and Purdue to be the plays. Not saying they'll hit (because variance is very real), but that's what the model I use shows.
Nah..... Corporate sports books seek to maximize profits by minimizing risk. Their goal is to secure a balance on both sides of a wager, hence a line is smartly established for this purpose, but that initial line "moves" to rebalance both sides of the bet. Their commission is a percentage of what comes in and what goes out. They don't gamble. You do.

That said smaller, private, unlicensed books, may waver on the "minimizing risk" approach.
 
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mikebal9

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Nah..... Corporate sports books seek to maximize profits by minimizing risk. Their goal is to secure a balance on both sides of a wager, hence a line is smartly established for this purpose, but that initial line "moves" to rebalance both sides of the bet. Their commission is a percentage of what comes in and what goes out. They don't gamble. You do.

That said smaller, private, unlicensed books, may waver on the "minimizing risk" approach.
I know that people believe this. It's simply not true. I can't convince you, and it really doesn't matter. But I watched an interview with the head of a major LV sportsbook and he actually laughed at the notion. He said there are several times when the books look to win. There are often times when tons of money come in on one side and the line never moves. The data is readily available.
 

Plum Street

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Jun 21, 2009
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I know that people believe this. It's simply not true. I can't convince you, and it really doesn't matter. But I watched an interview with the head of a major LV sportsbook and he actually laughed at the notion. He said there are several times when the books look to win. There are often times when tons of money come in on one side and the line never moves. The data is readily available.
This is interesting and against what I always believed. . Where is this interview and data ? I am interested
 

mikebal9

All-Conference
Oct 15, 2005
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This is interesting and against what I always believed. . Where is this interview and data ? I am interested
Ok, I don't want to overstate. It's not every market. Sure, Vegas looks to get even money on the majority of bets. But the executive said there are multiple bets per day where they see an advantage and take it. I can only tell you that I saw the interview so long ago that sports betting was only legal in Nevada. I have looked for it many times since and never found it.
As far as data, you can follow many on Twitter who track line movements. They also track total bets on each market. Sometimes they'll point out that a ton of money came in and the line didn't budge.
Unfortunately, most of them are now charging for this info via Patreon, Discord, or other paid services. One I like is Ducky Bets. If you follow this stuff, you may know him as the guy who developed an algorithm to beat the books on niche markets like NFL kicker FGs, NHL goalie saves, and NBA 3s.
 
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fluoxetine

Heisman
Nov 11, 2012
23,529
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@mikebal9 is correct

The “balance at all costs” thing really only applies to markets where the risk is going to be outside their tolerance if it gets unbalanced i.e. the Super Bowl or some huge event like that.

Otherwise, the book doesn’t really care if the market is unbalanced on some smaller random game or something. It’s the volume and liquidity that have that makes it “not gambling” for them. Similar to blackjack or any other game, they can absolutely book a loss in the short run.
 

RUinPinehurst

All-American
Aug 27, 2011
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Go Pack! Hope the refs are going to make calls on Edey. The B1G crews were very forgiving. Anyone know the conferences tonight's officiating refs are from?

Edit: it's a Big 12 crew. So there's hope.
 
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mikebal9

All-Conference
Oct 15, 2005
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I took DJ to be MOP with a $25 free bet at +2000. If they upset Purdue, even if they lose to UConn, I think he's got a shot.
 

ClassOf02v.2

Heisman
Sep 30, 2010
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Long stretch of play without a whistle. Skipped right past the under-12 timeout and now finally a whistle for the under-8.
 

hinson32

All-American
Jul 29, 2005
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I really hate that this narrative is generally accepted as truth by the public. The books absolutely look for spots where they can fool the public and win. They do not simply want to win the juice on most bets. This simply isn't true.

Separately, advanced data shows Alabama and Purdue to be the plays. Not saying they'll hit (because variance is very real), but that's what the model I use shows.
Really? I don't see Bama staying within 20.