Quote:
Originally Posted by Zary's-Mustache
That's not true. Betting amount can and does effect the odds but they aren't based on that.
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They are. Initial lines are set, based on analysis. But the lines move, based on flow.
Oddsmakers aren't in the business of being the smartest bettors in the world, they are in the business of collecting the bid/ask spread. And you collect the bid/ask spread by having the same amount bet on both sides. If it gets lopsided, the house is at risk. It's just math.