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  #1  
Old 10-09-2007, 07:14 AM
DinkinFlicka DinkinFlicka is offline
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Default USC / Stanford

Did any books take moneyline bets on this game?
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  #2  
Old 10-09-2007, 08:07 AM
MCS MCS is offline
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Default Re: USC / Stanford

Yes, I read that it was like

USC -10500
Stanford +7500
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  #3  
Old 10-10-2007, 12:46 AM
BobJoeJim BobJoeJim is offline
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Default 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  
Old 10-10-2007, 04:27 AM
ImStillBen ImStillBen is offline
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Default Re: USC / Stanford

Underdog bias.
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  #5  
Old 10-10-2007, 04:29 AM
Thremp Thremp is offline
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Default Re: USC / Stanford

[ QUOTE ]
Underdog bias.

[/ QUOTE ]

People don't like to lay vast amounts to win a pittance.
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  #6  
Old 10-10-2007, 05:41 AM
SunOfBeach SunOfBeach is offline
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Default 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
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  #7  
Old 10-10-2007, 08:11 AM
MCS MCS is offline
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Default 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.
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  #8  
Old 10-10-2007, 08:38 AM
Austiger Austiger is offline
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Default 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  
Old 10-10-2007, 03:57 PM
MyTurn2Raise MyTurn2Raise is offline
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Default 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.
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  #10  
Old 10-10-2007, 04:03 PM
Thremp Thremp is offline
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Default 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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