#1
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USC / Stanford
Did any books take moneyline bets on this game?
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#2
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Re: USC / Stanford
Yes, I read that it was like
USC -10500 Stanford +7500 |
#3
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Re: USC / Stanford
So Stanford was 1.3% to win, according to the books? That's higher than I would've expected, for the "biggest upset of all time". Does anyone know if it actually was the biggest upset ever, in moneyline terms, as opposed to by spread?
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#4
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Re: USC / Stanford
Underdog bias.
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#5
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Re: USC / Stanford
[ QUOTE ]
Underdog bias. [/ QUOTE ] People don't like to lay vast amounts to win a pittance. |
#6
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Re: USC / Stanford
Two things:
1. This wasn't even the biggest upset of the season (the prize there goes to App St. over Michigan in week one). 2. The 1.3% may not be indicative of true expectations. The favorite/longshot bias exists in these events with huge favorites (which is why bridgejumpers are +EV for those with adequate bankroll). Take a look at a good article by Justin Wolfers at Wharton (link below), to see some arguments as to why this may be so: http://bpp.wharton.upenn.edu/jwolfer...gshot_Bias.pdf |
#7
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Re: USC / Stanford
[ QUOTE ]
1. This wasn't even the biggest upset of the season (the prize there goes to App St. over Michigan in week one). [/ QUOTE ] Yes it was. ASU was "only" about a 32 point dog to Michigan. |
#8
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Re: USC / Stanford
I think a lot of people were overrating USC and underrating Stanford coming into the game. Stanford wins the game more than 1.3%
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#9
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Re: USC / Stanford
[ QUOTE ]
[ QUOTE ] Underdog bias. [/ QUOTE ] People don't like to lay vast amounts to win a pittance. [/ QUOTE ] pretty damn amazing that I'm up betting the huge fave moneyline parlays this year considering the absolute carnage that has taken place.... I bridgejump oh so goot. |
#10
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Re: USC / Stanford
[ QUOTE ]
Two things: 1. This wasn't even the biggest upset of the season (the prize there goes to App St. over Michigan in week one). 2. The 1.3% may not be indicative of true expectations. The favorite/longshot bias exists in these events with huge favorites (which is why bridgejumpers are +EV for those with adequate bankroll). Take a look at a good article by Justin Wolfers at Wharton (link below), to see some arguments as to why this may be so: http://bpp.wharton.upenn.edu/jwolfer...gshot_Bias.pdf [/ QUOTE ] Umm... Where is he betting with a 23% takeout? |
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