Discussion

Patriots, Colts best rivalry in NFL

Updated: November 22, 2010, 2:29 PM ET
By Chad Millman

The concept of public teams is one of the most fascinating to me in all of sports betting. These are the squads that, no matter what the spread in their game, will get the majority of action from squares. It is at the core of how gambling on sports works, playing on the psychological elements of bettors, and is the main reason sports books end up winners and the rest of us end up losers.

The notion of public teams -- and if you're not betting for a living, you're a member of the public -- has been around since Arnold Rothstein was fixing the 1919 World Series.

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