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It's the same with pro football, and the reason the Arizona Cardinals are always in the 3rd place from last position for over a decade. Their owner wants them to be there. Here's his logic. He doesn't make too much money from the box office, and TV revenues are divided among NFL teams. So where he can make the real bucks is by being in 3rd from last place every year. If the Cruds were in last place *every* year, then they would get sanctioned. But being in third from last every year, they still get good draft picks that Bill Bidwell, the owner, can sell. He makes millions selling off the best new talent, and replacing them with nursing home cast-offs. He makes them the deal that if they win a few each season, and lose the rest convincingly, he will keep them long enough for them to get their NFL pension without any more disabling injuries. The QB also gets lots of supportive publicity, and good references if he ever wants to transfer to another team. Now that he has totally suckered the city fathers of Glendale, AZ, to put the city in hock for 100 years to buy him a stadium and give him everything for free and more, the rest is pure profit. And that's all Bidwell cares about. So the least we can do is to place bets accordingly. That might be why Vegas isn't so hot for win/lose bets anymore, preferring over/under and the others.