On 20 Jan 97, after being hired as WNBA commissioner, Greg Caliri said:
GC> What does determine the odds? Two important factors -
GC>
GC> 1) The obvious one - they think that Green Bay is a better
GC> team than New England and believe that the Packers will win
GC> the game by a substantial margin.
Not really.
GC> 2) One thing most people forget - the "spread" is not always
GC> a reflection of the difference in strength between the two
GC> teams. It is first and foremost, a mechanism to balance or
GC> hedge, if you will, the betting. A large spread will
GC> encourage bettors to take the underdog and the points. If
GC> there is too much action on the underdog, the Vegas books
GC> change the spread.
That's closer. The books almost always want equal action on both teams,
because that ensures they'll make money.
GC> Is Green Bay REALLY 14 points better than New England?
GC> Probably not on the field, but in betting terms, yes.
As it turned out, BOTH turned out to be true. And the books LOST money.
... Feud Standings: Marcus 7 - Davis 1; Shell/Cunningham 3 - Davis 1
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