this post was submitted on 26 Nov 2023
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Exactly. If they don’t and 90% of the bets are on the popular team, then the book looses big when the popular team wins.
It would be interesting to see a book be completely transparent about it and open the betting at even odds then move a point in the opposite direction every time the bets get off balance. Of course that would be annoying as a better deciding what to play only to have it constantly change.