Will there be regional lines?

Now that sports betting is making its way into a number of states, I'm wondering if there's going to be any regional flavor to the lines?

For example, if the Indiana casinos near Chicago get a lot of action on the Bears, will those shops move their lines to attract action on the other side? If so, could there be state-by-state discrepancies?

Quote: Baron

Now that sports betting is making its way into a number of states, I'm wondering if there's going to be any regional flavor to the lines?

For example, if the Indiana casinos near Chicago get a lot of action on the Bears, will those shops move their lines to attract action on the other side? If so, could there be state-by-state discrepancies?

Yes, especially in college football you will find them. Pro sports will not be much different.

I think you will really see it down in Mississippi on the SEC football games.

The USA is finally joining the rest of the world by allowing sports betting. Sportsbooks are efficient financial markets like any other in the modern age. Any discrepancy will be instantly pounced on by arbitrageurs, and therefore prices are the same (within a percent or so) regionally and globally.

Quote: Ace2

The USA is finally joining the rest of the world by allowing sports betting. Sportsbooks are efficient financial markets like any other in the modern age. Any discrepancy will be instantly pounced on by arbitrageurs, and therefore prices are the same (within a percent or so) regionally and globally.

I understand what you are saying but it isn't that easy because you have to be in the specific jurisdiction to bet. It would require teams with a representative in each jurisdiction.

You should see some variation. Even in Nevada, you will sometimes see it when Norcal money hits the Reno books. You also see some off market Golden Knights lines here and there.

I agree, SEC games in Miss will likely present some opportunities. Various books might limit your action or boot you all together for consistently taking +ev sides. Others might allow it.

Quote: Baron

For example, if the Indiana casinos near Chicago get a lot of action on the Bears, will those shops move their lines to attract action on the other side? If so, could there be state-by-state discrepancies?

State by state? They'll be differences between Hammond and Shelbyville, I imagine.