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both those who took the Steelers -3.5 and those who wagered on the Cowboys +4.5 to
collect. Sometimes, a point spread is set at an amount that equals a common margin
of victory for a particular sporting event. For instance, American football games
are often decided by 3 points (the amount awarded for a field goal) or 7 points
(the amount awarded for a touchdown with a successful extra-point attempt). In the
case of a football game where the favorite is -7, moving the line up or down would
likely result in a middle if the favorite wins by exactly 7 points. In this
situation, the sports betting may choose to adjust the vigorish in response to
unbalanced action, rather than move the point spread. If the 7 point favorite is
getting the most wagers, a bookmaker may change the vigorish on that team from -7
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looking to wager on the favorite must risk $120 for every $100 they wish to win,
while underdog players will get even money for every dollar they wager. A
bookmaker's line can be influenced by one or several large wagers made on a match.
Bookmakers pay particular attention to the bets of a professional sports gambler,
commonly known within the industry as a "sharp" or "wiseguy." Some bookmakers will
not accept bets from bettors they believe fit in this category. As a result,
professionals use "beards" to make the bets for them. Groups of professionals who
work together are known as a "syndicate." These syndicates will often place large
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