Posted on 01/30/2020 6:25:31 AM PST by C19fan
BetMGM didnt want to move the Super Bowl LIV line. But money talks.
And it was a lot of money that moved the betting line. Jeff Stoneback, director of trading operations for MGM Resorts International, said a bettor put $550,000 on the Chiefs as a 1-point favorite to win $500,000.
And with that, MGM moved the line to the Chiefs being a 1.5-point favorite over the San Francisco 49ers.
That forced us to move it, Stoneback said.
(Excerpt) Read more at sports.yahoo.com ...
It’s early yet.
Too soon. Injuries can happen. Sickness can happen..especially with this virus.
Big money will come in right before game.
The line at my bookie is still the same.
Maybe that guy from Jeopardy is putting his money to work? All IN.
Stupid betting always moves the line
The line is not about the game...
The line is to keep the book balance so no matter who wins the book will not pay out more the it takes it... Bookies are not gamblers they make there mone on the big. They keep their books balance so that the no matter who wins they’re going to put out the same amount
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