The prices that a stock investor or sports gambler pays are based as much on perception, if not more so, than reality. In the case of 2009 March Madness betting lines, the oddsmakers are fully aware of the public perception equation and build it into their lines.
March Madness betting lines give you a lot to look at. As good as the oddsmakers are, keep in mind that their March Madness betting lines are set based on power ratings, statistics and most of all public perception. A sharp player looking at the March Madness betting lines has access to all of this and can turn a profit.
Many people that look at the March Madness betting lines are not professional bettors. The public comes out in droves for March Madness betting and these gamblers are usually not well informed. That means they will continually bet the big name teams regardless of the March Madness betting line. You will see them pound teams like Kansas, North Carolina, Duke and other marquee teams regardless of the March Madness betting line. If you want 2009 March Madness betting value you can’t go along with the masses and bet marquee teams. Keep in mind though that the oddsmaker can’t go totally off the deep end as wise guys will bet the underdog if they get too much value in March Madness betting. The March Madness betting lines are adjusted for the marquee factor and these teams are usually not very good values.
You must remember in 2009 March Madness betting that very often the line is not set so much according to power ratings but according to public perception. It happens in all sports but is definitely more noticeable during big events like the NCAA Tournament where the public really gets involved in March Madness betting. As you look for value keep this in mind and avoid the big name teams for the most part with your 2009 March Madness betting.
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