You break even if the Fins win the div 2.1% of the time... Might not be that bad of a bet. I doubt
@Awsi Dooger is into Futures because of limits and astronomical holds but I'd like to hear what he has to say about this. Im pretty certain alot of mistakes are being made with multiway odds and the books account for it by cranking up the hold but Im sure there are always a couple good bets to be made...
45/1 can't be right. I haven't looked at anything. I'm not sure anything is out. But the 45/1 sounds like a made up number. It wouldn't be anything close to that. More like 10/1 or less, if I had to guess. It wouldn't be 45/1 even if Brady were in his prime.
Futures odds are now extremely conservative. The books get burned on a long shot in one of the major sports and that causes them to slice everything across the board. I don't know how many times the sports book manager would say, "Don't make anything too high. There is no need. They'll take it anyway."
That is indeed the case. The offseason is full of sucker money, the tourists coming to town with lists of future wagers to make for Uncle Ted back home.
The 6 does sound close. I was thinking 5.5 or 6. Normally they like to set it on a half number so there aren't pushes. So it will probably be 5.5 with juice on the over or 6.5 with juice on the under.
That number will not be heavily swayed by last season. Dolphin fans are now inclined to think well we won 5 games in a tank season so now there's no reason it can't be 7 or 8 or higher. The sportsbooks will look at the low power rating and a team that won 5 games when the season win over/under was 4.5.
No big deal.
BTW, I did bet futures odds semi-frequently when I was in Las Vegas full time. But I would always do it during the season itself, not prior to the season. There were so many independent books in those days. Dozens of them. Some joints would get stuck on a favorable number. Then we'd keep an eye on it as the season progressed. A typical tactic was to wait for a pivotal game middle to late in the season and then wager on the favorable futures odds during the game itself but once the team was in a commanding position late in the game. The example I remember most was Denver Broncos in 1998. They already were stamping themselves as superior to 1997 when they won the title. In midseason they had a pivotal meeting with Jacksonville. Harrah's had the best number in town for Denver to win both the AFC and the Super Bowl. They left their futures odds open during the games, unlike some books. I hovered around the counter as Denver took command over the Jaguars in a high scoring game. Once it was all but clinched I walked up there and bet 3 dimes to win the AFC and another 3 dimes to win the Super Bowl. Their sports book manager Howard always liked me because one time I returned $100 that I was mistakenly overpaid by the cashier. It was amazing how much benefit that $100 had over the years.
Anyway, Howard and the female supervisor Dana went over to look at the computer, to see where they stood on the Broncos. Frankly I thought they would give me a partial amount. That book did not have high limits. It almost seemed like Howard was still making up his mind as he walked back to the counter. Then he said, "Okay, we'll take it."
That was great. It wasn't high odds, something like 7/2 and 7/1. But very favorable and obviously both cashed. I did hedge back some in the AFC title game and Super Bowl.
Those were my best years in that town...'95 through '98. Basic reasons: It was still a combination of old time bookmakers running many of the joints, almost every casino had its own set of numbers (pre corporate mergers), and the IRS changes had not been made regarding tracking anything above 10 dimes bet in one joint over 24 hours regardless if it was cash or chips or winning tickets. They were still tracking cash only toward the 10 dimes. It was incredibly favorable to play middles and scalps for huge money simply by making all the bets in chips or redeemed winning tickets. Two trusted friends and I pooled resources and were using walkie talkies then cell phones to gather up great numbers and play both ways. It was a math game more than picking winners. Once that IRS rule changed circa 2001 or 2002 the middling/scalping aspect was not nearly as profitable anymore.
Many of my friends quickly left town and I eventually did a half dozen years later. I have no idea how the newcomers do it these days with so much normalcy stacked against them.