To use a 20 or 10-cent line. That is the question in Vegas books regarding baseball.
"Not here," said Eric St. Clair, sports book guru at both Cannery and Rampart. "It was dime lines in our books last year and it will be dime lines this year. You have to be competitive."
Basically it all comes down to location. MGM Mirage chose the middle ground last year with a 15-cent line. Quite often books on the Strip go with the 20. The local books, in an attempt to gain more betting action, opt for the 10.
"Local casino resorts view baseball betting like futures wagering," St. Clair said. "You really have to compete. We don’t have the huge number of hotel rooms on the Strip or 100,000 people walking around outside from hotel to hotel."
John Avello, director of Race and Sports operations at Wynn, uses a more flexible approach to baseball betting lines.
"You adjust as betting prices rise," Avello said. "We will start at 10 cents, then move to 15 when the line hits -140. If a team is a $2.00-plus favorite, we could go 20 to 30 cents. A -300 chalk would be 40c or +260 return."
The Hilton’s Jay Kornegay said there would be a -110 line for baseball from -110 to -190.
"At -190 we turn to a 15-cent line (+175 payback)," he said.
Shop around. Value is there!