As an example, I believe the NHL odds for the LA/Edmonton series are +145 for LA and -182 for Edm or thereabouts. What sort of calculations go into these very specific odds?
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There is literally a person at each sports book. They monitor the bets going on both in their casino and throughout the industry. All you have to remember is that the casino wants to end up with a 50/50 split on everything. Losers lose everything and winners pay the juice of 5%. They just want that 5%
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