<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by SunDevil:
Beenthere...
If a player bets into a +120 when the market consensus is at +100, should the book have the right to cancel the play? If you think not and think that somehow Areff bet into a worse line than that by taking Dave's +605, please see my "Math of bad lines" thread.<HR></BLOCKQUOTE>
Well this thread is SURE bringing out a lot of lurkers!
Sun Devil, there are many cases in which we can complement a common sensical explanation with a mathematical demonstration (P Chem is a good example of this). There are times when the mathematical result does not accord with our common sense.
Let's apply this notion to the CBS situation and deal with your mathematical theory. In short, the difference is $20 on the $100 w/a +100/+120 line discrepancy VERSUS $205 on the dollar w/a +400/+605 line discrep. It is $20 versus $205.
I don't need to look past the common sense reasoning, $20 versus $205--YES there is a difference. If I had to derive the formula, that could be done as well but would come at a considerable expense.