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Old Posted Sep 7, 2018, 10:16 AM
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suburbanite suburbanite is offline
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Join Date: Apr 2011
Location: Toronto & NYC
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Quote:
Originally Posted by Bluenote View Post
Explain how the Leafs keep getting first spot ? Like seriously. Jets and Nashville are top two. Lightening as well. But the Leafs? They never even held first place in the entire nhl. The others did. They didn’t make it past the first round. The rest did and even past second round. Yet the leafs are first lmfao.
Odds are based on betting patterns. Toronto is the largest NHL market and will likely always have the most hometown fans betting on the team to win the cup. As more people bet on the leafs to win, the bookmakers have to lower the odds on the chance the Leafs actually do win and go they bankrupt paying out bets at worse odds.

Someone could go bet $10 million right now on the Leafs to win, and even though the "prediction" hasn't changed, the bookie would have to adjust his odds based on the expected loss of his portfolio.
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