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What Are Fair Limits in Sports Betting?

Written by:
Don Shapiro
Published on:
Oct/14/2020

Circa Sportsbook in Vegas is known for taking sharp action, according to David Purdum of ESPN.  When asked how that book determines "fair limits", Sportsbook Director Matthew Metcalf tweeted the following:

Pro bettor Spanky questioned the logic.

"How does one eliminate the ambiguity of what is “fair”? knows cuz he’s a bettor. I suggest operators, most of whom have never bet, to poll bettors or even outsiders what a “fair” limit is. Maybe then they might realize that a limit of $20 is ludicrous."

Metcalf responded:

"If you have to ask what is fair then youre probably in the wrong business to begin with. im naive enough to think that eventually the business model that treats their customers with respect and values their business while providing a quality product will have the most success.

"This entire debate only exists because of disagreements regarding what sports betting is. the true sports betting people try to apply market principles to it while a vast majority of operators treat it like a rigged casino game due to their lack of technical expertise."

Spanky offered:

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- Don Shapiro, Gambling911.com

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