Quote:
Originally Posted by Poindexter
With 4 teams left in the nfl playoffs the current odds to win the Super Bowl are
49 ers. 140 or 7/5
Ravens. 160 or 8/5
Chiefs 450 or 9/2
Lions. 8.5-1
So from a percentage perspective we are looking at roughly
41, 38, 18, 10.5 which totals maybe an 8 percent take, if you factor in decimals
There is another 1.2 percent take. So the takeout is 9.2 percent on this 4 horse field.
So even Vegas in the nfl futures market, one in which they can easily get away with a horse racing like 16 percent takeout has opted to go down to 9.2 percent. I wonder why? Since the racing industry is so interested in the success of sports betting, maybe they might learn something and bring down the takeout on smaller field sizes since they have so many.
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Do you know if the bet takers have to pay a royalty to the leagues to take action on the games?
