Sports Betting Revolution – Unlock the Spread Monopoly and Collusion

What If the betting line or spread was established by four sports advisory companies without collusion or previous knowledge of each others numbers!

Lets face some facts about this number or point spread that usually comes from one Sports Advisory Group. This number is sold or distributed to the sports betting outlets online and the legal Sports Books in Nevada. These outlets put their little tweak on the line by 1/2 point or 1 point or an extra $5 on the money odds. However, everybody will post their number which is the same or within a point of each other. This is the equivalent of price fixing and collusion in any other industry.

How come the Sports Betting Industry has the same price or spread on their betting board? WHY – because nobody wants to rock the boat!

What if this process of establishing a betting line was not a monopoly but was provided by at least four sports consulting groups that were independent of each other. Each group would then post their calculated number for the worldwide sports betting outlets to buy and use for their operation.

This new mode of operation would unlock the monopoly that exists when the line is established. Now what happens? Would some books dare to post numbers that are different from others by 4 or 5 points either way. I doubt it since nobody wants to rock that boat. Is this collusion by the sports books so they can keep their share of the market and not create a price or point spread war.

The process of constructing the point spread number is probably done through a software program with all the statistics and other information to get a base number. Then the actual number is refined to include public perception as to where the public will place their money. It is no secret that Sports Books speculate or predict at what number the public will be evenly divided.

There are a number of times when the line is not even close to the final score. They do come close about 65% of the time. However, when the spread is minus 7 and the favorite wins by 21 points or the underdog wins outright, their number is way off.

If that minus 7 point favorite is listed at minus 11 points at another outlet would there be a Revolution among Sports Book operators. Would this difference of opinion cause a lot of anxiety with casino management. I am sure they would question each others actions after doing the same thing together all these years.

For a true and balanced market to emerge in any industry, there should be some options and competition among the players involved. A Betting Exchange is very close to a more balanced betting market since the competition is against other bettors. The spread is the same but the money odds are much better with more options.

If the Sports Books in Nevada and online books decide to re-arrange their Sports Book operations to include some alternatives to the spread, they will increase their handle and be more competitive. I would install some form of Spread Betting that is big in Europe. Allow more options with alternative lines and charge a little more vigorish. Some online books have alternative run lines on baseball. They post the run line at minus 1.5 runs on the favorite and underdog in the same game.

The Sports Betting outlets need to become more innovative to maintain a market share. We know they probably will not “rock that boat” unless one or more sports betting venues develops a rogue or maverick mentality. This would be a big gamble that could payoff and increase market share. However, it is ironical that sports books do not want to be in the gambling business. They just want to collect their commission and avoid too much risk. They are more concerned about the heavy hitters than the small average recreational bettors who lose more often.

Promoting or seeing changes in any financial markets is similar to getting people to stop smoking or obese people to lose weight. Change is difficult for a lot of people and businesses. As they say “talk is cheap”. However, I feel technology is becoming more prevalent in Sport Betting industry. Hopefully, it will create a more vibrant market with better options and more competition within the sports betting community.

Picking the Spread With the Sports Picks Buffet

Betting on sports is not the easiest thing in the world to do. John Morrison, the author behind the successful eBook “Sports Betting Champ” does make it look easy. It is not hard to be envious of his wealth and the material possessions he has accumulated through sports betting. But at least he is sharing his secrets and the tips that have made him the betting champ that he is today. His, The Sports Picks Buffet, is a membership and eBook that can help anyone find the right way to bet and come out winning instead of tossing money down the drain with constant losses.

Okay, so saying that you are going to get rich just because John Morrison is a statistical guru is going a bit far. Yet why do his sports picks work for him? Because he knows what to bet on and what the spread for each game is going to be. He has the money to cover enough bets that when one pays off, it pays off big. However, you may not be in the same boat. You may not have enough money to spend covering all the various picks so you are not going to see the revenue that he sees.

There is a really fine line between success and failure and The Sports Picks Buffet is supposed to show you that line. Instead of you going to a bookie and gathering information on one game, Morrison does the work for you and covers hundreds of different bets that you can choose from for that particular day. Each bet is going to tell you what the statistics for the spread are and what you should bet on.

The one thing that is easy to forget when you get caught up in the excitement is that not all bets are going to pay off big. There is no guarantee that the Lakers are going to win with a ten point spread. If you fail to factor that in, then you will lose your bet. So you do have to keep statistics in mind when you are betting, especially on sports. You have to factor in human error.

You really must keep in mind that you need to know about sports and betting before you pick up The Sports Picks Buffet. If you have no clue as to what a point spread is or you have an issue with gambling, then this is not for you. Morrison does put a lot of time and effort into his system but it can only do so much. In the end you have to be the one to take the chance on whether or not you trust him and his picks.