Originally Posted by
regnis
Redietz-have you been able to determine if the few states that have legalized sports betting have different lines than Vegas? And when ultimately this all goes on-line, how would they differentiate the lines by location?
It will be interesting to watch Pennsylvania. The horse racing there is so crooked that most players won't bet Penn races.
Thus far, the lines have been, in theory, identical. Now what happens in the 10 minutes prior to kickoff can't really be ascertained, which is something I learned a long time ago. When Caesars Palace, for example, would list their closing lines publicly 20-30 years ago, or vegasinsider would list them, I can tell you as someone standing in line at the sport book the final few minutes, the lines were not always as reported. Right now, though, for practical purposes, the lines are the same. I suspect this will not be the case for long. This should result in what we discussed. If Pennsylvania, for example, allows three different books, those whose Las Vegas volume is significantly different ratio-wise LV/PA will be forced to have different numbers.
I lived in Harrisburg for five years, and went to Penn National about 25 times a year. The local saying: there are no 3/5 favorites at Penn National. Meaning that you cannot play them. Pennsylvania horse racing gouges the players percentage-wise, so the state's attempt at absconding with 36% of sports, while asinine, fits the modus operandi.