Monday, November 17, 2008

Sportsbook Conspiracy Theory or Just a bad Judgement?

Last Sunday Night´s NFL football game with the Steelers and the Chargers ended up with many angry NFL and and sports betting fans as well.

It was pretty obvious that the Steelers were going to win the game as per the point spread on that game being Steelers at -4 to -5. However, when Troy Polamalu returned an errant lateral 12 yards for an apparent touchdown on the final play and the the play was overturned it destroyed any chance of a bettor winning his bet on the Pittsburgh spread.

I lost money on that game and so did several thousand other bettors. All because of a misinterpreted play.

Sure they was a lot of confusion when the little man in black and white strippes got in huddle in the middle of the field to talk about which play was what. But in the end, sportsbooks ended up winning at least 20 million dollars. People have been killed for a lot less.

Perhaps someone should keep these referrees in check for a few months to see whether their spending habits have changed any.

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