3 votes

You can bet on every aspect of the NFL Draft. But do sportsbooks actually know anything?

4 comments

  1. [4]
    NonoAdomo
    Link
    I've soured on the growing spectical of the draft over the years. It's become quite the production and hype engine with no real payoff. There are no real winners. Sometimes clear losers (See: 2017...

    I've soured on the growing spectical of the draft over the years. It's become quite the production and hype engine with no real payoff. There are no real winners. Sometimes clear losers (See: 2017 Bears drafting Trubisky, an obviously bad decision)

    I'm not surprised that betting has taken over such a chaotic mess. It's so unpredictable that it's basically impossible to predict and essentially a money pit for gamblers.

    Just another reminder that sports gambling is a scourge and we should put more limits on how it's killing the sports watching experience

    5 votes
    1. UP8
      (edited )
      Link Parent
      Betting on a game is one thing, betting on a decision that an individual or a small group makes is another. I just can’t believe anybody bets on the color of Gatorade that people bathe in at the...

      Betting on a game is one thing, betting on a decision that an individual or a small group makes is another. I just can’t believe anybody bets on the color of Gatorade that people bathe in at the Super bowl.

      2 votes
    2. [2]
      stu2b50
      Link Parent
      That's the opposite of what the article is saying. Because the book keepers don't know what's going on, it's easier for gamblers to make a profit. There's even some musing that they keep draft...

      It's so unpredictable that it's basically impossible to predict and essentially a money pit for gamblers.

      That's the opposite of what the article is saying. Because the book keepers don't know what's going on, it's easier for gamblers to make a profit. There's even some musing that they keep draft betting as a loss leader.

      1 vote
      1. UP8
        Link Parent
        For a "gambler" who has inside information, it is easy to make a profit. For the average person who gets some pleasure out of having some money riding on something, less so. If sportsbooks were...

        For a "gambler" who has inside information, it is easy to make a profit. For the average person who gets some pleasure out of having some money riding on something, less so.

        If sportsbooks were run like high frequency trading they'd want to make the informed better pay through the nose for liquidity but I guess they aren't.