American Odds Explained
It is important to understand that vigorish does not always correspond with probability. When Vegas sets a line on a game or a total, they do so with the idea that the game or total has a 50/50 chance to land on either side of their number. This does not mean that each side of the spread or total has a 52.4% chance of hitting, its simply their way of taxing the bettor. (mais…)