Hypothetical NBA betting question(s) (may apply to other sports as well)
May 17th, 2016 at 5:49:25 AM
permalink
(i) What is the 'average' line change for an nba game from opening line to closing line for:
(a) Spreads and
(b) Totals
(ii) If you can answer the first part, then what would a 'fair' price for a game be if you could find a bookie that bet you the 'opening line'and then gave you a 'closing line guarantee'***
*** in the above question 'closing line guarantee' means,if you took Team A @ +1.5, and then the Sports-book closing line went to +3.0, your bet will be on @ the closing line of +3.0, but if it went the other way (say to -3.0) you get to keep the '+1.5'
ps I (or anyone) could probably work out the answer to question (ii), if they just answered the first part for me
(a) Spreads and
(b) Totals
(ii) If you can answer the first part, then what would a 'fair' price for a game be if you could find a bookie that bet you the 'opening line'and then gave you a 'closing line guarantee'***
*** in the above question 'closing line guarantee' means,if you took Team A @ +1.5, and then the Sports-book closing line went to +3.0, your bet will be on @ the closing line of +3.0, but if it went the other way (say to -3.0) you get to keep the '+1.5'
ps I (or anyone) could probably work out the answer to question (ii), if they just answered the first part for me
