Quote:
Originally Posted by bnorth
The odds when first posted are what they feel is the chance of a fighter winning. All odds after that only reflect how people are betting. Odds are changed to insure the bookies make money and no longer have anything to do with who they think will win.
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Oh, I completely understand how a betting line works, and that equal money on each side means that the bookmaker wins either way.
I guees I should have been more clear and said that I don't understand
why the public has bet the fight down to 5-1 odds. Betting on a non-boxer against a top-notch pro (even one that is 40 years old) seems like lighting money on fire.