If you have ever looked at a betting line and wondered how the sportsbook decided the favorite should be giving up exactly 6.5 points, you are asking the right question. The point spread is not a random number. It is the result of data, expert judgment, and a constant tug of war between the book and the betting public. In simple terms, sportsbooks set the spread to create a roughly even contest between the two sides of a bet. The goal is to make…
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