Matt Metcalf @MMpact
Every few months the subject of sportsbook limits seems to pop up on Twitter and much debate usually follows. Having been in Las Vegas for the better part of 20 years, both as a bettor and a bookmaker, I feel I’m as qualified as anyone to offer my take on the matter.
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For a little over a year Circa Sports has existed in 2 locations, Golden Gate Hotel & Casino and the D Las Vegas. We opened the doors on June 1, 2019 and for the most part have not looked back. A lot of our thought process in starting our hole-in-the-wall sportsbook located in the oldest hotel in Las Vegas was to make as many mistakes as we could as quickly as we could. The importance of making these mistakes is that this is usually the best way to learn – and the often the only way to grow. We knew…
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When we opened the doors to Circa Sports a little more than a year ago, we had a few ideas about what we were bringing to the sports betting landscape. Part of the reason we felt qualified to take an honest look at what was missing in the sports betting world was our experience on both sides of the counter.
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With the recent events regarding COVID-19, bookmakers around the world have been forced to become resourceful in their efforts to find additional sports to add to their betting menu. This has created a unique situation for bettors and bookmakers all around the world.
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If you hang around sportsbooks long enough, you will overhear countless conversations between bettors speculating about why a certain line has moved. Betting lines move for a variety of reasons and for the most part are in a constant state of flux. In this article, we will run through some of the main reasons why a betting line might move between the time the line opens and the start of the game.
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The opening line can be a term that is thrown around pretty loosely when it comes to sports betting. You will often hear media outlets say “Vegas” opened the line this or “Vegas” has the line at that. But what does that really mean when we hear these expressions?
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