Sports Betting Blog

For years there has been a popular axiom that bettors should take favorites early and underdogs late. This theory is rooted in psychology since casual bettors prefer taking winning teams, and overwhelmingly put their money on favorites. Oddsmakers can accurately anticipate one-sided action from public bettors, and they react by shading lines to force “square” bettors…

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The 2016 NFL Draft concluded on Saturday, April 26th and oddsmakers didn’t wait long before posting odds for the Offensive Rookie of the Year. On Wednesday (5/4) Bovada became the first major sportsbook to offer Offensive Rookie of the Year odds, followed by Sportsbook.com on Friday (5/6), BetOnline on Monday (5/9) and Sports Interaction on Tuesday (5/10). […

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Back in late-April, Sportsbook.com became the first major oddsmaker to release their odds for the 2016 NFL MVP Award. In past seasons, sportsbooks have typically waited until mid-July to start posting this prop bet which made this a fairly interesting development. Since the award was first handed out in 1957, more quarterbacks have won this…

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Before the start of the season, the Westgate Superbook in Las Vegas posted win totals for all 30 MLB teams. In an interesting twist, the five highest win totals all belonged to National League teams including the Chicago Cubs, New York Mets, Los Angeles Dodgers, Washington Nationals and San Francisco Giants. Most oddsmakers don’t update their…

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