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The bookie wanted this one back.
The State has an interesting article about how the betting line for the South Carolina-Vanderbilt game on Sept. 1 in Nashville took a dramatic swing. As the newspaper reported, the South Point Casino in Las Vegas set the Gamecocks as a 4-point favorite before the Commodores became a 2.5-point favorite a week later.
The State has the explanation here:
Why the dramatic change? A simple market correction, said the man who set the line.
“I talked to the bookmaker out there, and he said basically: ‘I just think I blew the line’,” said sports gaming writer David Purdum of ESPN Chalk. “People think Vanderbilt is going to be improved. South Carolina, nobody knows what’s going to happen. He said, ‘I just blew it.’ It’s not that unusual early in the season to have a big line move. I think right now it’s closer to the right number.”
It’s easy to see how this can happen. The perception that Vanderbilt will be better plus the unknowns involving South Carolina make it simple for the betting public to jump toward the Commodores in that instance.
It sounds like all is well now.