Quote:
Originally Posted by troutman
Odds are enticements to bet, not necessarily predictions. Odds-makers know fans are prone to over-rate/under-rate certain teams.
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That's actually been revealed to be a bit of a myth. The myth goes that teams like the Cowboys and Steelers are given bigger spreads because their fans will bet them to win/beat/cover no matter what, but this really doesn't make any sense if you think about it. Any smart gambler would clean them out on these odds if this were the case. The revenue brought in my soaking casual and even hardcore fans who only bet on their teams (usually in small amounts) wouldn't be enough to offset the losses paid out to the hardcore gamblers.