Post by wizeplayer on Jan 10, 2007 18:47:40 GMT -5
After reading this article below I have some concerns. None of my resources on the internet EVER indicated that OSU was who the public was on. I truly believe we are in a time period where sportsbooks are running many of these websites that are portraying to be helping gamblers. Here are sportsbooks gloating after the fact.
That opening kickoff return touchdown from Ted Ginn Jr. turned out to be a cruel touch and nothing more.
For 16 seconds, the majority of bettors on the BCS Championship Game felt great about taking the favored Ohio State Buckeyes.
Everything went the Florida Gators’ way the other 59:44 of the game, however, and most sportsbooks couldn’t have been happier about the turn of events.
“We did great,” said the line manager at 5Dimes. “It’s not my place to say exactly how much, but you can call it a ‘substantial winning night’ for sure. If a sportsbook didn’t make money on that game, I’d venture to say there’s something wrong there.”
And that’s how it normally goes with upsets in high-profile games. Bigger games attract more bettors, and as sure as sin the newcomers are heavily backing the favorite.
“Ohio State had the Heisman Trophy winner [Troy Smith] and a lot of squares see that,” says Randy Stafford, oddsmaker at BetCRIS. “It was a really good game for us, we brought in about double what we’d have considered a ‘good game’.”
Stafford admitted, however, that BetCRIS’s take on Monday night was nothing compared to what a similar upset in a Super Bowl would have dumped in their laps.
It was one thing for the Gators to merely cover the 7-point spread. To have them completely dominate the favorites like they did padded the books’ coffers even more than they could have hoped.
“The teasers were just demolished,” says the 5Dimes line manager. “You can imagine how many people took Ohio State -2 or -2 ½. We went so far as to offer 10, 12-point teasers, up as high as 18 points. All of them lost.”
Stafford agreed, noting that BetCRIS made even more off of exotic bets than they did off the straight line.
At least one book, however, noticed quite a few bettors making off like bandits by backing Florida.
"The action on the game was about 3:2 in favor of Ohio State," says a Bodog.com bookmaker. "We did have a large number of bettors taking the Florida moneyline, which opened at +245 and dropped to +230 by gametime. Typically we don`t see that type of moneyline action on a 7-point dog. The SEC fans were definitely out in full force."
Another noteworthy aspect of Florida’s upset on Monday night was the halftime betting.
The Gators were up 20 points at the half. Books subsequently offered the Buckeyes -7 for the second half, banking on Jim Tressel and the rest of the Ohio State coaching staff to make adjustments. Buckeyes backers looking to lessen their losses from what looked like a certain Florida cover took the books up on the second-half spread.
“The second half line, I think people would have taken that in a heartbeat,” says the 5Dimes line manager. “Being a betting man myself, I wouldn’t have taken Florida in the second half.”
The Gators, of course, pitched a second-half shutout and Tim Tebow’s fourth quarter plunge represented the only points in the half. The 7-point second half was another slap in the face for halftime bettors who thought the surprising offensive outburst in the first half would continue after the intermission.
“We made a lot at halftime as well,” Stafford says. “It was almost entirely on Ohio State to come back and the over, too.”
It was an unfortunate play, to back the over, when Florida’s defensive dominance should have been apparent. Chris Leak had little to do but manage the game and run out the clock, but the lure of the Heisman Trophy likely led people astray.
“It was kind of like two years ago when USC was a slight favorite over Oklahoma, but we took a lot of action on the Sooners simply because they had Jason White,” Stafford says.
But a closer analogy could likely be drawn to last year’s national championship game, in which another 7-point underdog shocked the betting public to win the game outright.
"We had a forty percent increase over last year`s Texas - USC game," say the Bodog.com bookmakers. "The results were very similar with [favored] USC being bet heavy on the spread and [dogged] Texas bet heavily on the moneyline."
The total had been creeping up from 45 in the days prior to the game, with lot of money on the over. Florida’s surprising dominance, however, more than made up for any damage the books suffered on the total.
Congratulations to the Florida backers who profited. For everyone else, most books are already taking bets on 2007-08 college football futures and props.
That opening kickoff return touchdown from Ted Ginn Jr. turned out to be a cruel touch and nothing more.
For 16 seconds, the majority of bettors on the BCS Championship Game felt great about taking the favored Ohio State Buckeyes.
Everything went the Florida Gators’ way the other 59:44 of the game, however, and most sportsbooks couldn’t have been happier about the turn of events.
“We did great,” said the line manager at 5Dimes. “It’s not my place to say exactly how much, but you can call it a ‘substantial winning night’ for sure. If a sportsbook didn’t make money on that game, I’d venture to say there’s something wrong there.”
And that’s how it normally goes with upsets in high-profile games. Bigger games attract more bettors, and as sure as sin the newcomers are heavily backing the favorite.
“Ohio State had the Heisman Trophy winner [Troy Smith] and a lot of squares see that,” says Randy Stafford, oddsmaker at BetCRIS. “It was a really good game for us, we brought in about double what we’d have considered a ‘good game’.”
Stafford admitted, however, that BetCRIS’s take on Monday night was nothing compared to what a similar upset in a Super Bowl would have dumped in their laps.
It was one thing for the Gators to merely cover the 7-point spread. To have them completely dominate the favorites like they did padded the books’ coffers even more than they could have hoped.
“The teasers were just demolished,” says the 5Dimes line manager. “You can imagine how many people took Ohio State -2 or -2 ½. We went so far as to offer 10, 12-point teasers, up as high as 18 points. All of them lost.”
Stafford agreed, noting that BetCRIS made even more off of exotic bets than they did off the straight line.
At least one book, however, noticed quite a few bettors making off like bandits by backing Florida.
"The action on the game was about 3:2 in favor of Ohio State," says a Bodog.com bookmaker. "We did have a large number of bettors taking the Florida moneyline, which opened at +245 and dropped to +230 by gametime. Typically we don`t see that type of moneyline action on a 7-point dog. The SEC fans were definitely out in full force."
Another noteworthy aspect of Florida’s upset on Monday night was the halftime betting.
The Gators were up 20 points at the half. Books subsequently offered the Buckeyes -7 for the second half, banking on Jim Tressel and the rest of the Ohio State coaching staff to make adjustments. Buckeyes backers looking to lessen their losses from what looked like a certain Florida cover took the books up on the second-half spread.
“The second half line, I think people would have taken that in a heartbeat,” says the 5Dimes line manager. “Being a betting man myself, I wouldn’t have taken Florida in the second half.”
The Gators, of course, pitched a second-half shutout and Tim Tebow’s fourth quarter plunge represented the only points in the half. The 7-point second half was another slap in the face for halftime bettors who thought the surprising offensive outburst in the first half would continue after the intermission.
“We made a lot at halftime as well,” Stafford says. “It was almost entirely on Ohio State to come back and the over, too.”
It was an unfortunate play, to back the over, when Florida’s defensive dominance should have been apparent. Chris Leak had little to do but manage the game and run out the clock, but the lure of the Heisman Trophy likely led people astray.
“It was kind of like two years ago when USC was a slight favorite over Oklahoma, but we took a lot of action on the Sooners simply because they had Jason White,” Stafford says.
But a closer analogy could likely be drawn to last year’s national championship game, in which another 7-point underdog shocked the betting public to win the game outright.
"We had a forty percent increase over last year`s Texas - USC game," say the Bodog.com bookmakers. "The results were very similar with [favored] USC being bet heavy on the spread and [dogged] Texas bet heavily on the moneyline."
The total had been creeping up from 45 in the days prior to the game, with lot of money on the over. Florida’s surprising dominance, however, more than made up for any damage the books suffered on the total.
Congratulations to the Florida backers who profited. For everyone else, most books are already taking bets on 2007-08 college football futures and props.
