Thursday was a big day if, as ESPN’s Bill Simmons would say, “gambling was legal” as it was another milestone in getting us all ready for the 2012 NFL season. Win total over/unders were released for the first time.
The way over/unders work is pretty simple, the casino will set out a win total for a team (example 10, or even 10.5) and then if you wanted to bet over or under for next year’s win total you could, with different odds on each side depending on how likely it is to happen.
Cantor Gaming released these odds (they’re available for betting in seven different sportsbooks). For novice gambling fans, the (-XXX) indicates the juice on certain bets. For instance, if an over is “-120,” you would need to bet $120 in order to win $100. If a bet is +105, $100 would win you $105.
The Buffalo Bills win total was one of the few I was extremely interested in, not only because I am a fan, but because of how well of an off-season I believe the team had.
I was both surprised and disappointed when I saw the Buffalo Bills win total and odds. Cantor Gaming had them listed at 7 Wins- Over (-110) / Under (-120).
Ignoring the (-110) and (-120) because I will leave analyzing that to someone who knows more about gambling, I was shocked by the seven win total.
This team last year went 6-10 and Vegas is now telling me that the 2012 addition is only one game better? That is insane to me.
Not only do I think the Bills are a way better team than last year (with all their new key additions) but I think the rest of the division (outside the New England Patriots) is worse!
This Bills team in my opinion should be able to blow away that seven win total going over, and I think they can and will finish second in the AFC East.
What do you think, is the number too high, too low, or just right?
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