gman wrote: ↑Tue Nov 13, 2018 8:47 am
I don’t bet. What does -8 mean?
It means Furman is an 8 point favorite...that, if you want to bet on Furman, they have to win by more than 8 for you to win your bet...that if you bet on Mercer, they have to lose by more than 8 for you to lose your bet...If the difference ends up being FU by 8, nobody loses their bet, but they are out the “vig” (essentially, the service fee charged by ‘the book.’)
Now, when Paul C places his fat wad on the Paladins, then, the line may go to Furman -21 to draw enough bets on Mercer to cover the other side, i.e, Paul C’s winnings. The book makes their money on the vig, not on lost bets.
I’m not a degenerate either. For those who are, did I ‘splain that properly?