BeatOSU52

November 26th, 2021 at 8:32 PM ^

Been betting since I was 6 and I tend to find there is something to all this.  The fact that it was at 8.5 all week staying stagnant with the money coming in on OSU made me glad the sportsbooks were standing their ground, and that the smart money would be on Michigan with the points.   But didn’t expect it to go below 8.5,  and now that it’s at 7.5 is quite something and seems to indicate there’s some “known betters” betting Michigan. 

Hail to the Vi…

November 26th, 2021 at 8:33 PM ^

If anything, I think it would suggest Vegas might know about some player holdouts that haven't been made public to the media yet. Perhaps an impact starter will be out (no way it's Stroud, but maybe on of their backs or receivers).

Creedence Tapes

November 26th, 2021 at 9:58 PM ^

Michigan was what, -4 going into the game in 2018? I wouldn’t look too hard at it. 

Come on, that doesn't matter! Vegas thinks we will only lose by 7.5. This is good news, because if we lose by less than that, its almost like we win. Can't you understand that? What the hell is wrong with you people?

matty blue

November 26th, 2021 at 8:44 PM ^

(clears throat)

THAT'S WHY THE SPREAD IS GOING DOWN.

for the thousandth time, point spreads go up or down for one single reason - to try to equalize the betting on both sides.  that's it.  if 95% of the money is going to the underdog, the spread is going to go down.

edit to add:  the downvotes are totally deserved.  guess i need some reading comprehension lessons tonight, huh?

what a dumbass.

AlbanyBlue

November 26th, 2021 at 8:49 PM ^

You are describing how lines move normally. This is reverse line movement.

If 95% of money on the favorite (not the underdog) as stated in the OP, and the line is moving away from the favorite (presumably OSU -8 to OSU -7.5), then this is RLM.

This happens reasonably often and is usually indicative of something going on that "the public" isn't aware of. As said upthread, maybe Stroud rumors or maybe a skill player will be out that hasn't been announced.

EDITED: I suppose a large bet by a respected "sharp" might do this, but I'm sure there's been a LOT of money bet on this game, so that would have to be something really significant.

TruBluMich

November 26th, 2021 at 8:57 PM ^

If all of a sudden the betting shifted, from 95% OSU, towards Michigan, then there could be something causing that shift.  I do agree that rumors have little to no bearing on what the house sets the line at.  However, I know that leaks can quickly move the line in a hurry.  I honestly believe that there's nothing here and that the line moved because some big bets came in for Michigan.  If something big has leaked, you would see much more movement or hold on betting, and reporters would be digging into it.

Hail to the Vi…

November 26th, 2021 at 9:01 PM ^

As stated above, this maneuver from Vegas is actually the opposite of what you are describing. Or to simplify, Vegas is incentivizing people to put money on Ohio State despite the fact that 95% of the wagers placed are for OSU to cover. That would suggest the odds makers are aware of something that would impact the spread in a positive way for Michigan.

emozilla

November 26th, 2021 at 11:01 PM ^

Vegas is not afraid of public money. Nowadays their oddsmakers are incredibly astute, and they are more or less comfortable taking an unlimited amount of public money on the line they set, especially on a marquee matchup like this. They will easily accumulate seven, eight figure liabilities on a side if they are confident in their position. What does scare them are sharps. 100k of a known sharp dropping a side is worth 10mm of public money. On a contrary line move like this, where the line is moving to increase their outstanding liability, it is fair to say that "Vegas knows something".

bronxblue

November 26th, 2021 at 8:47 PM ^

The betting line doesn't exist to predict outcome, only to get an equal number of bettors on either side of the ledger so that the sportsbook can limit their exposure to paying out too much money.

People are slamming UM as the underdog because they think UM might keep it close, not some grand sense that OSU forgot 3/4 of their team on the tarmac and are going to lose.

Rico

November 26th, 2021 at 9:17 PM ^

The "equal bets on both sides" is not really a thing for reputable sportsbooks (in most cases), they set and adjust their lines based on their experts and where the "smart money" is going, not the betting community as a whole. They don't care if 90% of the betting is on one side if their proprietary predictive data and top bettors are favoring the other. But anyways this is the opposite, if Vegas wanted to even out the betting the spread would be growing larger, not smaller.

rice4114

November 26th, 2021 at 11:45 PM ^

Ive always thought it was strange to call it smart money. Its an oblong football and kids that still have acne and midterms. Its a very unpredictable way to make money. Also knowing that 1 out of your ten bets go to pay the house before the games even kickoff is tough to over come. Seems the smart money would be the one sinking it into a solid index fund.