Re: Ron Paul 8 to 1 for the presidency???!!
As we've talked about before, it's a sucker bet. Sportsbet makes that line because they believe the actual odds are much higher.
However, I will stand by my previous analysis that the real odds are probably not more than an order of magnitude longer than the average such price. They lowered the line because they believe the previous line (15:1 I believe for them) was no longer as profitable.
I would like to see the lines from various competing sportsbooks. It's very easy for supporters to get excited about the lowest line even though it's the highest market price. I'd much rather know what the average price and the standard deviation.
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