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All right everybody they're -- huge NFL playoff games this weekend millions of dollars maybe billions will be bad and lost on the latest round of playoffs.
-- -- Legendary MIT -- -- team member and also all the the house advantage live from San Francisco Jeff first of all.
You I believe all wearing a could be.
Somewhat similar to that which is borne by pat Bill Belichick you've got back -- I could get Ecuador this what's thing that we have to declare your interest right out from Europe patriots -- got it now.
This game on Sunday afternoon featuring the jets against the patriots I am told that the line in it is eight and a half points.
That the patriots off favored by eight and a half points.
You all the gambling genius.
How to they arrive back eight and a half points.
Well historically the lines were set you know essentially by one group called Las Vegas sports consultants but just like everything in the world with technology changes have happened.
And there's a variety of different groups now.
That help predict -- help the casinos decide what the line's going to be and they take into account a lot of different things like stats.
The past history but what they're actually trying to do.
-- they're not trying to predict what the scores going to be they're trying to create a line.
Which will balance the action so that they don't have a risk if the patriots cover where they don't have a risk if the jets cover.
Basically what they do is no matter who wins they collect the 10%.
And that's especially true this weekend when they know a lot of money to me back.
And as long as they can capture that 10% of the -- is so as they see the bets coming -- establish a line.
And that's they see the best comment on either side what they're trying to do is to make the -- even on either side so they adjust the line.
To make it even is that that's how it works.
Yet they it to some extent yes that's exactly how works but.
The one thing is all bets and all money or not even for them they're less worried.
About the common better the public better putting in big money than they are for the sharps are these Smart batters.
They're much more scared of those guys coming in exposing their lives.
So they will monitor they will try to get balanced action.
But they will see who's actually making the bats before they decide whether to move a line or not okay now way to get the 10% from.
If that balanced it out 5050 on either side all of the line and it was the 10% -- from.
Well there's some they called vigorous basically if you back.
A hundred dollars on.
The patriots and you lose you're gonna lose a 110 dollars if you bet the same thing on the -- a hundred dollars.
You're gonna lose a 110 dollars or euros losing 10% more than you would be when it.
-- -- from a from an expert gambling perspective the -- opens up on Monday and a half and then moves to ten and a half by Sunday.
The oddsmakers that set the original line waiting to -- they generally right and it is it is a better effort a better to go with that original line -- to follow the crowd.
Yeah and I don't think there's there's -- ruled.
-- it's a standard rule that will work in all cases for line was because a lot of times you don't.
No why line moves are happening sometimes they're happening because Smart bettors are coming in -- moving line and sometimes you know.
-- makers realize they made about bad -- he's so it's it's hard to say I wouldn't necessarily just follow the crowd that I think will be.
About strategy for you what you've got to do is you got to understand.
Why lines move in looking like last week if we look at.
The saints game there -- ten and a half point favorite.
You know everyone hated hated hated the Seahawks.
But yet somehow that line fell down its hand by game time so there was some Smart money going.
On the Seahawks and look what ended up happening at real fast would you take the patriots were -- a half points.
You know I'm if I'm a patriots fan so I don't want any more invested in that.
But I you know I think that that's a lot of points even though the pitchers did win by 35 last times I probably wouldn't be jumping on it now yes Jeff's mom honest man thanks for joining -- we'll check back from Boston got back.
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