They then use power rankings to crunch numbers and rank how the teams fare against each other in key stat categories. So besides thinking like the public, what do oddsmakers use to their advantage to beat bettors with their numbers? Well, they use computer algorithms and fancy math formulas to help generate a rough guess at what they should use for the Sportsbook line. Oddsmakers certainly know people in Boston will bet the New England Patriots if they are favored by 6 points or 8.5 points, so why not give themselves more of an edge? They also know it is considered heresy for Dallas fans to bet against the Cowboys, so let’s open them at -8, even though the “real” line should be around -6 instead. Oddsmakers are often the brightest minds in the sportsbook and know all about the public perception of teams along with key statistics bettors use to make their picks. The initial line, also known as an “overnight line” or “Sportsbook line,” is an educated guess of a starting point that oddsmakers believe will get equal action from bettors on both sides. To think like an oddsmaker, though, you need to first know how he sets his numbers. But thinking like an oddsmaker and setting your own lines before the Sportsbook odds are released can help you greatly and allow you to find the most value on the betting board. Understanding how point spreads work is essential in order to be a successful bettor. Video Poker Guide: Play the Best Online Video Poker Games.
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