« Reply #29 on: July 01, 2018, 03:38:31 PM »
Casinos are taking advantage of Lakers fan suckers. They must be seeing a lot of betting on them.
I am not saying there isn't some truth to this, and it isn't really a great line for them, but this stuff is based heavily in reality. Especially on something that is not a prop bet (eg where Lebron plays next season) that generally has a very low max bet because of inside information.
Someone could bet 6 figures on this and they would not want to have bad odds. So people with very inside information are convinced that him returning to Cleveland is dead because the Cavs are currently 52-1 to win the title next year. Where if someone purchased that right now they could sell it back at 4 times the price on a future market the day after Lebron returned.
I'm never going to stake my life to this stuff cause crazy things happen, but this is a stronger indicator than woj and shams and every other insider combined 50 times over.
So, could LeBUM or someone very close to him, now put a few million on the Cavs then sign back with the Cavs next week? That would be apropos.
We are kind of getting into intense stuff with this, but people have lifetime reputations built on this stuff cause there many 10's of millions of dollars involved. So someone with a lifetime of credit and reputation built up shared something with the books in the last few days that made these books feel comfortable moving Cleveland's odds from 18-1 to 52-1. If that information was false someone's career would be ruined, the books would lose a ton of money. I haven't really heard of that kind of thing happening any time recently. Watching line movement is like a glimpse into a secret society. Me and. Pranks can benefit if the info is wrong though
But the bookmakers set their lines as much on public perception as reality. If the overwhelming perception is that Lebron is definitely going to LA, they would be stupid not to play into that and then when it doesn't happen, they just adjust the odds back to where they were and count all the money they made on people betting on a bad team.
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