Question

The Balanced Book Hypothesis states that: A. Sportsbooks attempt to offset the betting imbalance of one...

The Balanced Book Hypothesis states that:

A.

Sportsbooks attempt to offset the betting imbalance of one game with the opposite imbalance on another game

B.

Sportsbooks attempt to balance the betting dollars on each side of the proposition

C.

Sportsbooks continually set pointspreads too high

D.

Sportsbooks try to set pointspreads close to zero

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Answer #1

Option B.

Explanation: According to the Balanced Book Hypothesis, points spreads are set by sportsbooks to balance the betting action evenly on each side of a proposition. The hypothesis was challenged by Steven Levitt in 2004.

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