According to an ESPN report on Sept. Vegas gamblers know it all too well. It can put a smile on your face or make you want to yell at the 55 big screen TV in the sports book while you vent your frustration towards players who you know cant hear a word your saying.
Sports books closed with Alabama at anywhere from 8- to 9-point favorites.
Alabama wins 49-42, but Vegas gamblers who bet on Texas A&M +7.5 points were thanking Johnny Football as he helped the A&M gamblers collect, but it was the sports books who were more elated with the last second touchdown because a lot more cold hard cash was wagered on Alabama than Texas A&M.. The never say die Manziel threw a touchdown pass to Malcome Kennedy with 15 seconds left in the game and made winners out of those who bet on A&M to cover the spread.
Gamblers who bet the Crimson Tide were getting ready to celebrate and collect their cash after Jalston Fowler caught a 5-yard pass from Alabama quarterback AJ McCarron with 2 minutes and 28 seconds left in the game that gave Bama a 14 point lead.
That half point meant everything, and we squeaked it out in the end!
A “meaningless” touchdown at the end of the Texas A&M-Alabama game swung an estimated $5 million in bets across sportsbooks in Las Vegas, Jeff Sherman, assistant manager of the Las Vegas Hotel SuperBook told ESPN.com on Saturday.
And of course, even in the gambling world, Johnny Manziel is right in the middle of the action.
Ah yes, the Las Vegas gamblers best friend, and his biggest enemy – meaningless touchdown. 14:
Vegas made millions off of that last second meaningless touchdown, but not from my selection.
However, A&M quarterback Johnny Manziel wasnt just going to roll over
In sports betting odds, such as football odds is becoming more vibrant each year. And most of the illegal books of Nevada draw their odds from casinos. The bookies set a lot of numbers by keeping the public in mind and the person who begins to study can understand easily as to how the person can gain more and on the numbers set by the bookies.
In sports betting odds, the odds are made not by the common people. In sports betting odds, the odds are termed as MONEYLINE.The sports betting odds there are no point spread for many of the sports such as boxing, tennis etc as there occur no way to measure the points or score in which the player wins or loses by. The sports betting odds makers set the money line, as more money must be risked for the favorite or the person expected to win and very less on the underdog or the person more likely to lose, so that there occurs a balance between both sides of the contest.
In college, also sports betting odds have taken reign even though it might be considered illegal by many. In such sports like boxing, the only thing that counts is who wins and who loses, and in such cases, the money line wagering enters in!
In sports betting line, money line is like point spread that is used to equal the attractiveness of the favorite and the underdog for the person betting. But even then, there occur many loopholes through which people play their own gaming!
. It is an entirely different case in sports betting odds, as about 75% of odds are established for the licensed Sports Books in Nevada as well as for Oregon State Lottery by Las Vegas Sports Consultant Inc, which is run by Michael ‘Roxy Roxborough.
Sports betting odds can be defined as the likelihood of an outcome occurring that is stated in a number form. This field is considered as a way to make huge profits if the person is a smart bettor who has practiced proper money management. Money line in sports betting odds is decided by the event winner with no regard to the point spread as there is occurs no point spread. Apart from this, he also works as a consultant on gaming management, strategies, personnel and marketing. The main basis of the wager is the straight up outcome, which is not in to a point spread. In sports betting odds, there are many things, which are illegal such as transmitting information on gambling across the state for placing, or taking bets is considered illegal