How the Super Bowl Betting Chart Works
Why do oddsmakers try to keep the action even on both sides of a bet? A bookie's worst fear is being "sided. If that side turns out to be the winning side, the bookie will lose a lot of money.
Ideally, half the bettors lose, and their money goes to pay off the other half, who won, with the bookie taking the vig. Oddsmakers are so intent on keeping the action even that they actually move the line in response to betting patterns. If too many bets are coming in for the underdog, then that team might have been given too many points, so the line is moved.
Bets made prior to the move are still counted at the old line. Some bettors will make additional bets after the line moves, on the opposite side of the game. This is known as middling. A lot of people might think Tampa Bay will beat San Francisco by more than seven points, so they all bet on Tampa. The oddsmaker sees this pattern and moves the line, giving Tampa Now, Tampa has to win by more than ten points for bets placed on Tampa to win.
A bettor can place another bet with the new line, this time on San Francisco. If Tampa wins the game by eight points, the bettor has middled -- he's won on both bets. The basics of the game are the following:.
Start off with an empty 10 by 10 grid. This will give you Squares for people to choose from. Depending on which game you are playing with, simply assign one team to the columns, and one to the rows.
Now, start recruiting people to join your Football Squares pool by letting them choose which squares they want. If you use our site to Play Football Squares Online , this will be a much easier process since you can simply email everyone the link to your site and let them choose their squares. If you decide to use a Spreadsheet or Printable Sheet , then this proces may take you some time and effort since you have to manually pass along the file or sheet.
Once all the squares have been filled, it is time to assign the numbers to each column and row. Thanks for stopping by. If you like this article, explore some more. I also write about saving money and investing for your future.
Oh yeah, good luck and have fun. Materials Poster board Magic marker black, permanent Deck of cards or random numbers Basket, hat, or bowl for the money Set-up Draw lines dividing the poster board into 11 x 11 squares draw 10 lines horizontal, and 10 vertical.
Leave a little space on the top and left edge to write the team names. Write the team names. Try really hard to fill-up the board. Buy all the empty squares leftover for yourself if you have to.