Manocad wrote:A_dub06 wrote:Manocad wrote:Told ya. Murray now at -120 for the 5th overall pick on Draft Kings. Apparently that means Weaver is now in love with him and it's a done deal.
For reference the 1-4 favorites are:
1 - Smith (-190)
2 - Holmgren (-325)
3 - Banchero (-500)
4 - Ivey (-300)
Lucky I’ve got $400 riding on us picking Murray now then.
$100 @ $3.80
$300 @ $2
On paper that looks like a good bet but as I explained the Vegas odds after opening mean NOTHING relative to the chances that, in this case, Murray winds up as the #5 pick. It means only one thing--lots of money is being bet on Murray being the #5 pick. That in no way whatsoever represents a change in Weaver's opinion of who he wants to take at 5. For all we know Sacramento is in love with Murray at 4 and Ivey drops to 5, and Weaver takes either Ivey or Sharpe. Again, ROY is the perfect example. Mobley was the clear betting favorite the entire season...and didn't win. So the betting odds were no indication whatsoever of what was actually going to happen.
I’d say I have a pretty good understanding of betting and don’t deny what you’re saying, but I also think the odds have decreased due to intel out there.
And I made the bet based on my own assumptions and evaluations as opposed to the market. The odds were simply the monetary reward of putting my money down on those assumptions.