“a lot of people who bet moneyline and bet on favorites don’t go for these huge odds, it’s just too expensive to lose.” Bet 100 on the dolphins. That’s not too expensive to loose. Upside should be good.
Which is why I prefer moneyline betting, because you are using their knowledge against the house (betting favorites).
But, on these giant spreads, yeah, I agree. Betting Miami and taking the 16 points starts to look interesting (and kinda fun).