Videojug

How are the odds on a given sports book bet determined by the casino?

Info
  • Videojug
  • Videojug
  • 4:39
  • Yes
  • 360p
  • 640x360
  • Flash
  • h.264
  • 900kbps

How are the odds on a given sports book bet determined by the casino?

Frank Scoblete (Casino Gambling Expert & Bestselling Author) gives expert video advice on: How does a casino make money on sports betting?; Can I make Vegas sports book bets over the phone?; How do I collect on my sports book bets if I am not in Vegas? and more...

A lot of people believe that the casino's sports book is trying to give accurate odds -- that's not true. The casino is giving odds with the thought of getting an equal number of people betting on this team, and also an equal number of people betting on that team. If they can achieve this, they make money

7,157 views