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14 minutes ago, Norm said:

I'm not trying to insult solely the Packers fan base here man. 

I'm not thinking you are.  There's just very few fanbases that are in a competing market that I think could weather a bad stretch.  I think the Cowboys, Lakers, etc. are a few of those franchises.

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48 minutes ago, Sasquatch said:

Good grief - that's the epitomy of bandwagon fan right there.  I can tell there's been a drop off the past few years also - I live out west and I used to be able to watch damn near every game on Fox.  Now, I either need to stream the game, get Sunday Ticket, or go to a Packer bar.  I'll say this, though - the Packer bars still draw crowds.

Hey, no need to respond publicly, but could you send me a PM on how to stream the game?  My folks are in Florida and locked into a provider that they can't get out of.  And my pops is going nuts trying to figure out how to watch a Packer game from his house.  I don't know enough about streaming to help him much...

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1 hour ago, vegas492 said:

Hey, no need to respond publicly, but could you send me a PM on how to stream the game?  My folks are in Florida and locked into a provider that they can't get out of.  And my pops is going nuts trying to figure out how to watch a Packer game from his house.  I don't know enough about streaming to help him much...

I just sent you a PM with a few ideas, but I'd love for others to share their methods for streaming games, as there is definitely more than one way.

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9 minutes ago, Sasquatch said:

I just sent you a PM with a few ideas, but I'd love for others to share their methods for streaming games, as there is definitely more than one way.

Yes, please do.

Here is my father's situation.  New TV.  And it is a smart tv.

They have Direct TV right now at their place in Wisconsin.

Direct TV is telling them that if they download their app they can use the app to stream their local Wisconsin service from that app (on their tablet or phone) to their Smart TV.

My mother was going to look into this option.

BTW...I haven't seen either of them for about 10 months or so.  Thinking about flying down there and surprising them on a weekend and take in a game with them.

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Posted (edited)
36 minutes ago, vegas492 said:

Yes, please do.

Here is my father's situation.  New TV.  And it is a smart tv.

They have Direct TV right now at their place in Wisconsin.

Direct TV is telling them that if they download their app they can use the app to stream their local Wisconsin service from that app (on their tablet or phone) to their Smart TV.

My mother was going to look into this option.

BTW...I haven't seen either of them for about 10 months or so.  Thinking about flying down there and surprising them on a weekend and take in a game with them.

I swear the big 3 networks didn't stream on the app when I had DTV

Edited by Norm

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William Hill is one of the larger sports books taking NFL action

.@WilliamHill US took a $16,050 bet on the Packers to win the Super Bowl at 15-1 odds.
Bet would win $240,750.

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Posted (edited)
56 minutes ago, Shanedorf said:

William Hill is one of the larger sports books taking NFL action

.@WilliamHill US took a $16,050 bet on the Packers to win the Super Bowl at 15-1 odds.
Bet would win $240,750.

 

Ha ha. Such a random number for the bet. It’s like Jerry put down $16,000 and George added $50 expecting to split the winnings. 

I don’t know much about gambling, other than the occasional fart following a night of drinking and bad Mexican food, but does a bet like that even move the needle on odds?

Edited by Uffdaswede

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14 minutes ago, Uffdaswede said:

Ha ha. Such a random number for the bet. It’s like Jerry put down $16,000 and George added $50 expecting to split the winnings. 

I don’t know much about gambling, other than the occasional fart following a night of drinking and bad Mexican food, but does a bet like that even move the needle on odds?

Does 16k move the odds? Nah, literally millions without anything happening to the team to get the odds to move I'm sure.

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3 minutes ago, Norm said:

Does 16k move the odds? Nah, literally millions without anything happening to the team to get the odds to move I'm sure.

Crazy. What a business! I don’t think I know anyone who gambles on sports, other than casino stuff and the occasional day at the track. 

In insurance, companies insure themselves against extreme, outside of the norm—apologies—losses. Is it an institutional and structural given that corporate gambling agencies able to always always get on both sides of the bet, or do they legally have to keep cash on reserve to cover payouts against crazy odds?

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2 minutes ago, Uffdaswede said:

Is it an institutional and structural given that corporate gambling agencies able to always always get on both sides of the bet, or do they legally have to keep cash on reserve to cover payouts against crazy odds?

Their reputation and future solvency depend on them being able to pay out, but I don't believe that there is a regulatory authority or rules that force their hand like with insurance agencies. Futures bets ( who will win SB ?) are interesting because they take action on all 32 teams, but only 1 pays off. So it would seem that they'd be fine unless a real dark horse wins the Title.
And the NFL playoff format virtually insures that won't happen. An underdog can surprise and win a game, maybe even two. But the competition gets stiffer the further into the playoffs you go. What I've read elsewhere is that you're actually better off betting on the Packers in each individual playoff game and rolling the winnings into the next game that taking the 15:1 odds on winning it all.

Fans love the SB bets though, and the books are happy to take them

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8 minutes ago, Uffdaswede said:

Crazy. What a business! I don’t think I know anyone who gambles on sports, other than casino stuff and the occasional day at the track. 

In insurance, companies insure themselves against extreme, outside of the norm—apologies—losses. Is it an institutional and structural given that corporate gambling agencies able to always always get on both sides of the bet, or do they legally have to keep cash on reserve to cover payouts against crazy odds?

That I don't know. I know I've seen guys who've said if X team had won the title that year we would have went under that ran the books in Vegas. Las Vegas' hockey team was one lately. Watched a big story on it, but I'm guessing they're exaggerating. Maybe someone smarter knows the answer to this, but I feel like they probably always easily have the money to cover no matter the insanity, just might really really hurt

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13 minutes ago, Norm said:

That I don't know. I know I've seen guys who've said if X team had won the title that year we would have went under that ran the books in Vegas. Las Vegas' hockey team was one lately. Watched a big story on it, but I'm guessing they're exaggerating. Maybe someone smarter knows the answer to this, but I feel like they probably always easily have the money to cover no matter the insanity, just might really really hurt

You are right and most of the Bookies will have the liquidity to cover big liabilities.

But that’s just part of the story.  The Bookmaker will be aiming to make a profit of around 11% on each market.  So they will aim for a book of about 111% meaning if they took bets on all 32 teams at their desired odds, any outcome would guarantee that 11% profit.  They aren’t just going to lay the Packers to lose 240k.  They may already stand to lose that much on the Patriots.  Same again on The Rams, Chiefs, Bears, Queens, Eagles, Saints etc.  There can be only one winner so all the time, their liability gets smaller.  With luck and skill, a good Bookie can get to a near perfect book.  One that guarantees a profit.  In Sports Books, the overround on the opening book is often 150%+.

If they get their odds wrong they may end up with really bad exposure on one or two teams.  No bet at specific odds will be guaranteed though so if so if someone wanted to put say 10m on Green Bay at 15/1, they’d be unlikely to get that bet layed.  Maybe the Bookie will up with a potential massive liability should a certain team win?  In that case, they may choose to hedge their bets, probably by backing that team to win with another Bookmaker or on a Betting Exchange thereby reducing their potential liability.

Some bookies do go bust.  The good ones though, who understand risk, will generally make a decent wage.

 

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Posted (edited)
19 minutes ago, RedRaider said:

One guy says this was MLF's idea. The other says it was Rodgers.

Can't wait to see this on Undisputed next week. 

"Rodgers tries to redeem his lackluster suds-chugging performance by stealing Head Coaches idea!"
 

#Schism

Edited by Fl0nkerton

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