How often do public perceptions and media narratives influence betting odds in ongoing leagues, and how can bettors exploit these discrepancies to find value bets?
I don't think that casinos will increase their odds because of the developed media. These are large companies that know how to build a system that is profitable for them, and I don't think they need to raise the odds.
We have a lot of casinos in the industry and all of these casinos have their own specific places that they gets their updates from and to be truthful the medias too also influence the odds because the Media's are what broadcasts the news if any players will play the games or not and from there the casino will decide if they will increase their odds or reduce it.
Don't you think that these casinos always have someone that is representing them in most of the country? Yes sinces they would want to work with accurate information it could be better to provide a good odds but however, public doesn't provide and they are not in any place to decide odds rather is the bookies who issues odd according to the information gotten from the club. Most times the odds changes during or before the game start running sometimes odds changes when the news are confirmed.