Underdogs to start the season? Not so fast my friend!

Submitted by Tom Pickle on October 18th, 2020 at 4:25 PM

Michigan opened up at +2.5 last week on betonline.ag they are currently at -3.5 at DraftKings and BetRivers IL. I have no idea if this means a positive uptick for the season at large or if this is due to something specific with Minnesota, but I found it interesting either way.

jtmc33

October 18th, 2020 at 4:54 PM ^

Before the Vegas lines came out (Sota by 2.5), ESPN had the winning percentage for Michigan at 55%.  It’s a 50/50 given Milton and Sota’s run D.  

StirredNotShaken

October 18th, 2020 at 4:57 PM ^

I'm sure its been said but it's 100% because materially more money was put on Michigan so Vegas was exposed. So the line moved to mitigate that exposure and let Vegas profit off the juice. 

Double-D

October 18th, 2020 at 5:41 PM ^

If Milton plays well we should win this game pulling away.  So nobody knows what the hell to expect.

Let’s hope the guys inside the program are seeing good things.

QB play can be like golf.  It’s not necessarily your good shots that help your score as much as minimizing your bad shots. 

Double-D

October 18th, 2020 at 5:31 PM ^

Maybe this is an example of Michigan having a huge fan base with a national reputation and Minnesota being relatively unknown. Money moves the line. That’s a huge move though. 

mp2

October 18th, 2020 at 10:46 PM ^

I just spent an hour reading multiple minn blogs trying to find info on why the line may have changed also. Found the same thing about the OTs. Other users on the one site were refusing to believe the Dunlap rumors. They also argued about official word of falaale (I am not looking that up as I type this). So basically rumors but they exist. 

mgokev

October 18th, 2020 at 6:28 PM ^

To all those saying it’s just Michigan fans moving the spread, it doesn’t work like that. If it did, you’d be able to make substantial money betting against the teams with the largest fan bases to cover because the spreads are artificially inflated. In reality, the teams with the top 10 fan bases are 0.503 ATS which means one of two things:

There is no such thing as a long-term public team. If betting sites are trying to get even money on both sides of their lines so that they make money, then we would expect that the most popular teams would have a record under .500, because the sites would shade the lines to account for the flood of loyal/emotional/dumb fan money. This hasn't happened, as the against-the-spread results for these teams are collectively close to coin flips.

Betting sites don't care about moving their lines based on the bets from popular-team fan bases. The second possibility is that betting sites are not trying to get even money on both sides of the line because they are wiling to stake a position on a game, confident that they know more than the general public and make a killing when most of the money is on the losing side. If that's the case, then they would not move the line based on a large number of bets coming in for a popular team.

Vegas isn’t going to move a spread and risk substantial sharp exposure just because a lot of dumb money comes in. 

BTB grad

October 18th, 2020 at 7:05 PM ^

This is the answer. Vegas reacts when they see pro gambling sharks come in with huge money, not when mgobloggers throw a couple hundred on their favorite team.

This should be a good sign for Michigan fans that pro gamblers jumped all over a Michigan +2.5 line (below a key number of 3) or Michigan ML and Vegas then reacted by moving Michigan all way to -3.5

SFBlue

October 18th, 2020 at 7:03 PM ^

A tossup still. Michigan games draw a lot of action so Vegas is adjusting their hedge. Going to be fun. Brady is mid season form. We have a game next week with January bowl implications. Let’s go mayn. 

DHughes5218

October 18th, 2020 at 10:33 PM ^

I previously said that Michigan would probably be favored by kickoff and to get your money down early, but I didn’t see this big of a swing coming this fast.

lsjtre

October 18th, 2020 at 10:38 PM ^

I'd rather be the dog in Vegas, give Harbaugh a chance to get that underdog win at Michigan and focus the team on that opening week vs a team not normally much of a threat

MRunner73

October 19th, 2020 at 11:35 AM ^

Being an underdog is no big deal to me. With a new QB and O-Line, it remains to be seen at our end. our defense need to start crisp and make key stops. The tone will be set during the 1st quarter. We'll get our first clues then.