Written by :
Published on :
If you’re running a PPH sportsbook, then you may have already heard the news about Le’Veon Bell’s holdout. If not, here’s a quick re-cap: Le’Veon Bell hasn’t yet signed his franchise tender with the Pittsburgh Steelers, and in the face of an upcoming game, it’s causing bookies and bettors to fear the worst.
The Pittsburgh Steelers are considered one of the NFL’s most powerful teams, and Bell, himself, is a well-known, extremely talented player. Some would argue he’s responsible for much of the Steelers’ success. And, as one of the franchise’s most valuable players, his holdout not only has implications for his team but hugely affects the sports betting industry as well.
With their upcoming game against the Cleveland Browns on the horizon, many bookies and bettors alike have some serious reservations about their wagers. Originally, bookmakers had favored the Steelers by a strong 7 point lead, considering they’ve won 24 games in the last two seasons. But, since Bell’s refusal to sign, bookies everywhere are scrambling to adjust their live betting line, as the Steelers’ spread slowly narrows to a current 3.5 point lead.
Some, of course, have been questioning how much of an impact Bell actually has on the betting odds, considering the Browns went 0-16 last season, against a 13-3 record for the Steelers. However, Le’Veon Bell’s questionable status has been the only major wildcard in the days leading up to the game, leaving many to connect the dots. Now, bookies are worried about how this will affect their lines.
As a bookie, line adjusting is crucial in avoiding financial losses. Since everyone had predicted that the Steelers would win the game, Bell’s absence is driving droves of people to the other side of the table. Failure to properly adjust for this shift in odds means you’ll have a disproportionate amount of bettors favoring a team, and that could result in severe financial losses should they win. Since this is a very lucrative season for a bookie, football news like this is vital to monitor. And, we can provide ways to better manage line adjustments specifically for these kinds of incidents
Our Price Per Head sportsbook software is a full-packaged platform that allows bookies to make simple adjustments through a centralized portal that can be viewed by all players who have an account. It streamlines, organizes, and de-stresses common bookies problems while allowing you to personally manage each client. Sign up with us and start using premier football betting software.
