Economics of sportsbooks and why they ban the best bettors

Re:Economics of sportsbooks and why they ban the best bettors by dgfitz on Tuesday September 30, 2025 @08:11PM (#45432855)

Depending on how the money comes in for a given line, the line will move to account for possible losses for the book. So the odds aren’t just set once, they slide around.

Generally this happens based on how the sharks bet, not dissimilar to how market-makers affect stock prices, as a bad/loose analogy.

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Re:Economics of sportsbooks and why they ban the best bettors by ls612 on Tuesday September 30, 2025 @08:18PM (#45432903)

This is why the sports books ban so few people. 1% gets thrown around a lot but most places that disclose this say “less than 1%” and it’s likely pretty well below 1%. The sports books like the top 5% who aren’t top 0.5% because those people give them information and information is profit.

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Re:Economics of sportsbooks and why they ban the best bettors by dgfitz on Tuesday September 30, 2025 @08:23PM (#45432943)

I have had a suspicion for a while now that my accounts have eyeballs on them. I think you are correct.

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