Last updated on October 31st, 2022 at 07:28 pm
A sportsbook pay per head software generates NFL sportsbook lines. You can be sure that the lines are as accurate as possible. However, there are times you need to move lines. Therefore, you must know when to change them and how to do it.
Tutorials on how to be a bookie might not teach you when to move lines. As a result, they think that not moving lines is the safest action to take. However, not moving lines can be riskier than changing them.
Should You Change NFL Sportsbook Lines?
Too much money on one side of a bet and failing to adjust the line accordingly can lead to a significant loss.
We’ll gamble against the spread.
For instance, the Texans were -7, and the Eagles were +7. That means wagering on the Texans means the team needs to win by more than seven points to cover the bet. So if many people wagered $10,000 on the Texans while only $5,000 on the Eagles, you’d lose money if the Eagles win.
If that’s the case, you need to move lines. For example, you could change the odds to Texans -8 and Eagles +8. The Eagles could lose by more points, and players would still win the wager. Thus, it could attract more money to come to the Eagles.
In the example, not moving the line for the Texans vs. Eagles game could lead to sharps placing more bets on the Eagles.
So, tell me, what is it that you do? You’re the one who shifts the line. According to sportsbook pay per head reports, a lot will depend on how much time you have before the game. Players who shop around at several sportsbooks for the best odds may find yours the best bargain. Since you are still offering your initial line, their odds of winning have increased.
Those are the reasons why you should move your NFL sportsbook lines. It is one of the things you need to know when you open a bookie business.