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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 (-110) to -7 (-120), and move the underdog to +7
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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 wagers with several books simultaneously, causing
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Sports betting, and the line closed just before kickoff at Pittsburgh -4.5.
Pittsburgh won the game 35-31, enabling 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 (-110) to -7 (-120), and move the underdog to +7
(+100). Once this occurs, bettors 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
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