NE -1500 Free Money?

[Daliman]

[ QUOTE ]
wtf is wrong with this line? a 4-2 team with the 5th best defense in the league is a 16.5 point dog?! I wonder if a line like this has happened before.

I bet the public money is still lopsided on the Patriots. I wonder where the sharp money is. I would guess Washington.

[/ QUOTE ]
Closest thing I can think of was San Francisco being a laughable 19 point favorite over San Diego about 11 years ago in the Super Bowl.

Course, they cover, but to think they win that game over 97% or w/e that would convert to is simply retarded.

[MCS]

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I took a -1400 NE line with a friend when they played at miami bc gambling is fun, m'kay?

[/ QUOTE ]

Miami <<< Washington

1400 < 1500

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And also, while I think the -1500 bet against Washington is bad, I'm not opposed to bridegejumpers in general. Just understand that -1500 means you're still getting two-outered some of the time. -1500 and -million are not the same at all.

[NajdorfDefense]

[ QUOTE ]
[ QUOTE ]
wtf is wrong with this line? a 4-2 team with the 5th best defense in the league is a 16.5 point dog?! I wonder if a line like this has happened before.

I bet the public money is still lopsided on the Patriots. I wonder where the sharp money is. I would guess Washington.

[/ QUOTE ]
Closest thing I can think of was San Francisco being a laughable 19 point favorite over San Diego about 11 years ago in the Super Bowl.

Course, they cover, but to think they win that game over 97% or w/e that would convert to is simply retarded.

[/ QUOTE ]

Money line was -700, iirc. Not -3200. [Also 49ers had beat SD by 23 already in reg season.]

Carl Icahn put $7mm on the 49ers to win $1mm. The IRS started cracking down on SB record-keeping after that.

[NajdorfDefense]

Goliath -2500 = FREE MONEY!

[Daliman]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
wtf is wrong with this line? a 4-2 team with the 5th best defense in the league is a 16.5 point dog?! I wonder if a line like this has happened before.

I bet the public money is still lopsided on the Patriots. I wonder where the sharp money is. I would guess Washington.

[/ QUOTE ]
Closest thing I can think of was San Francisco being a laughable 19 point favorite over San Diego about 11 years ago in the Super Bowl.

Course, they cover, but to think they win that game over 97% or w/e that would convert to is simply retarded.

[/ QUOTE ]

Money line was -700, iirc. Not -3200. [Also 49ers had beat SD by 23 already in reg season.]

Carl Icahn put $7mm on the 49ers to win $1mm. The IRS started cracking down on SB record-keeping after that.

[/ QUOTE ]

I don't see how it could be -700 when a 16.5 point line is -1500. Were ML's really that far out of whack at the time? What is -700 usually now, like a 10 point favorite?

[NajdorfDefense]

You're aware that the public comes outta the woodwork to bet the SB?

And that virtually all of those people like betting +700, not laying -700? [and the 'fair' line on NWE v Wash is not -1500, ftr, and NWE is at home, whereas SB is on neutral field.]

That may not have been the closing line, but that was a WA line in Las Vegas SBs. Feel free to call up a LV book and check those odds.

Here's a news story about another big gambler:
'The largest "legal" wager ever made in Las Vegas was an 8 to 1 money line bet, between the San Francisco 49ers and the San Diego Chargers in Superbowl XXIX. An unidentified gambler wagers $2.4 million at the Mirage Hotel and Casino in Las Vegas on San Francisco -800.'

[They seem to have the size wrong from what was later reported in stories on Icahn. Not that it matters much btw -700 and -800, 88.9% v 87.5%]

A comparison might be Texas v USC in BCS recently:
Lines went from +8/+260 to +7/+200 by gametime, even below +200 at many sites.

[housenuts]

I like the Redskins at +11150 (not a typo) on Pinny right now. Check it.
What do they do when they make mistakes? Do they cancel the bet?

[NajdorfDefense]

this one, yes. they don't pay out on typos this bad.

[housenuts]

so do they cancel the bet before the game, or do they cancel it after?
here's my thinking.

Skins win - they say "sorry, was a typo, bet is cancelled"
Patriots win - they just take your money and say nothing

aside from not betting on obvious bad lines, how do you prevent this from happening?

edit: or would they maybe honor it at what it should have been +1150

[Sevenfold]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
wtf is wrong with this line? a 4-2 team with the 5th best defense in the league is a 16.5 point dog?! I wonder if a line like this has happened before.

I bet the public money is still lopsided on the Patriots. I wonder where the sharp money is. I would guess Washington.

[/ QUOTE ]
Closest thing I can think of was San Francisco being a laughable 19 point favorite over San Diego about 11 years ago in the Super Bowl.

Course, they cover, but to think they win that game over 97% or w/e that would convert to is simply retarded.

[/ QUOTE ]

Money line was -700, iirc. Not -3200. [Also 49ers had beat SD by 23 already in reg season.]

Carl Icahn put $7mm on the 49ers to win $1mm. The IRS started cracking down on SB record-keeping after that.

[/ QUOTE ]
You guys are close.

It was 2.4m to win 300k.



[ QUOTE ]
Greatest Super Bowl Betting Moments
by Robert Ferringo - 02/01/2006
1) The largest single Super Bowl bet on record in Las Vegas was attached to San Francisco in SB XXIX. The line was the 49ers giving 18.5 points to San Diego, but the bettor dropped $2.4 million on San Fran on the money line. The game was a farce, with the Niners winning by 23. However, that $2.4 mil paid at just 1-to-8. Meaning all of that risk only paid off for $300,000. Of course, "only" is a relative term.


[/ QUOTE ]
There was a million dollar payout, but it wasn't on a money line.


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---The single biggest recorded Super Bowl payday was to Bob Stupak, the legendary gambler and casino owner from Vegas. Stupak dropped a cool $1 million on Cincinnati, plus-7, against San Francisco in 1989. The 49ers captured the Lombardi Trophy on the famous Montana-to-Taylor touchdown, but failed to cover the number with their 20-16 victory

[/ QUOTE ]

If I recall correctly, Stupak was fighting with a woman and pissed off, he put 1 million on Cincy +7.

Whats ironic is that he had thoughts of hedging at halftime (tied 3-3 I think) taking SF at -3 or -3 1/2 for 500K.

He didn't, but if he had he would have hit both ways!