Rigondeaux
Rigondeaux
Joined: Aug 18, 2014
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January 22nd, 2016 at 1:59:34 PM permalink
How dumb can they possibly be?

http://www.sportsbookreview.com/sbr-news/nfl-teasers-off-board-caesar-s-sportsbook-68858/


In response to the epic paddling, Vegas casino Caesar's has decided to take all teasers off the board this AFC and NFC Championship weekend, according to a tweet by Todd Fuhrman earlier today.

Caesar's had a relatively low limit for teasers among Vegas sportsbooks anyway at $500, but sports bettors argue that the decision is akin to suspending Blackjack tables because a player won 10 hands in a row.

The betting odds this Sunday are also not exactly textbook tease material, since both numbers already are sitting on the 3
sabre
sabre
Joined: Aug 16, 2010
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January 22nd, 2016 at 5:36:16 PM permalink
Aren't 2 teamers -120? I'd expect nothing less from Caesar's frankly. Why take money on a 10%+ house edge bet when you can take it on your standard -110 sides and totals instead.
Nimadamus
Nimadamus
Joined: Jan 16, 2016
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January 22nd, 2016 at 8:47:36 PM permalink
I heard about this. Was pretty surprised to hear they have temporarily eliminated that option. Teasers are universally allowed.
DRich
DRich
Joined: Jul 6, 2012
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January 23rd, 2016 at 8:19:09 AM permalink
If they just took it off for this weekend I wouldn't be too surprised. With both games lined around 3 they might be worried it will drop to 2.5 and the Wong teasers could hurt them.
Order from chaos
HowMany
HowMany
Joined: Mar 22, 2013
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January 23rd, 2016 at 10:37:40 AM permalink
Vegas books do not like NFL Teasers, even at -120. Indeed, they would rather people bet something else, but they'll probably continue to offer them in the future, reluctantly. College Teasers are a license to print money though.

My local pay-per-head bookie offers NFL Teasers at +100 for 2-teams. And he regularly offers stale lines. I had a very good year and got paid every time. I expect he'll change things up next year, or cut me off. Otherwise I will continue to beat his ass.
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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January 23rd, 2016 at 10:50:32 AM permalink
I just came from the Red Rock where the writer said Stations lost $700,000 on teasers last week.
It's not whether you win or lose; it's whether or not you had a good bet.
tringlomane
tringlomane
Joined: Aug 25, 2012
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January 23rd, 2016 at 11:14:12 AM permalink
Quote: Wizard

I just came from the Red Rock where the writer said Stations lost $700,000 on teasers last week.



Ouch. No wonder CET is freaking out.

Well done on the thread title too...haha
djatc
djatc
Joined: Jan 15, 2013
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January 23rd, 2016 at 1:18:55 PM permalink
Quote: Rigondeaux

How dumb can they possibly be?

http://www.sportsbookreview.com/sbr-news/nfl-teasers-off-board-caesar-s-sportsbook-68858/


In response to the epic paddling, Vegas casino Caesar's has decided to take all teasers off the board this AFC and NFC Championship weekend, according to a tweet by Todd Fuhrman earlier today.

Caesar's had a relatively low limit for teasers among Vegas sportsbooks anyway at $500, but sports bettors argue that the decision is akin to suspending Blackjack tables because a player won 10 hands in a row.

The betting odds this Sunday are also not exactly textbook tease material, since both numbers already are sitting on the 3



I smell a rat, we talked about half points earlier in the week.....

Also sportsbooks/casinos pulling back bets just seem really tacky to me.
"Man Babes" #AxelFabulous
Rigondeaux
Rigondeaux
Joined: Aug 18, 2014
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January 25th, 2016 at 6:18:08 AM permalink
Well, they probably cost themselves many thousands, especially with so many teasers hitting up till now and bettors with full pockets. Maybe even drummed up extra business for the competition, with bettors believing CP "must know something."

I think the end result was basically as if a bunch of players were Martingaling roulette and winning for a while and they sent them across the street where they went broke. Well played!

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