The line is jumping up and down

This topic has 3 replies, 4 voices, and was last updated 1 year, 8 months ago by Tacoma Ute.

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- 11/27/2022 at 2:24 PM #179426
  
  Tacoma Ute
  Participant
  
  Opened Utah +1…up to 2.5, down to 2, back to 2.5. Now it’s back down to 1.
- 11/27/2022 at 2:36 PM #179430
  
  ProudUte
  Participant
  
  I am sure this is based on who is betting.
  - 11/27/2022 at 3:00 PM #179436
    
    UrbanLiar
    Participant
    
    Correct, but it’s also reflective of the relatively small amounts being wagered so far. The house wants to hedge its risk to get their typical 9% vigorish regardless, so they rapidly move lines when the denominator and sheer magnitude of bets is still small.
- 11/27/2022 at 3:01 PM #179437
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  Tony (admin)
  Keymaster
  
  I’m very surprised that this is the line. If this is where it has started I bet there will be millions in “LA” money coming in and moving the line quite a bit farther. If you want to bet the Utes, I’d wait for it to move.
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