Quote:
Originally Posted by Parallex
"Vegas" doesn't have them as a "cup favorite" now. That's not how sports betting odds work.
I'll explain it to you... Say Vegas was going to take bets on the result of a coin flip, a bunch of devoted fans of "heads" bet on heads at even money... Vegas would then adjust the odds on "tails" to pay out more then a bet on heads would until the bets on tails covered the bets on heads.
The actual probability of heads or tails winning never changed. Vegas makes it's sports book money off the Vig.
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I guess you missed the part where I said "publications" as well..