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A Cyber Bookie

September, 09 2010


Azarenka ousts Stosur to reach Stanford final

Tennis Betting Lines

07/31/2010 - Stanford, CA (Sportsbook Betting Lines) - Eighth-seeded Victoria Azarenka celebrated her 21st birthday by upending top-seeded Samantha Stosur in straight sets Saturday to reach the final of the $700,000 Bank of the West Classic tennis event.

The Belarusian improved to 4-0 against the Australian in her career with a thorough 6-2, 6-3 victory on the hardcourts at Taube Family Tennis Stadium.

Azarenka will face the winner of the Agnieszka Radwanska-Maria Sharapova match.

Sunday's winner will receive $107,000.


<< Rangers officially acquire Guzman from Nationals
Anaheim, CA (Sportsbook Betting Lines) - The Texas Rangers officially acquired infielder Cristian Guzman from the Washington Nationals on Saturday. The move had been in place Friday, but could not be announced until Saturday because Guzman needed t

<< Saltalamacchia heads to Boston for prospects
Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox acquired catcher Jarrod Saltalamacchia from the Texas Rangers on Saturday in exchange for pitcher Roman Mendez, first baseman Chris McGuiness, a player to be named later and cash co

<< Royals extend manager Yost through 2012
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Royals extended manager Ned Yost's contract through the 2012 season on Saturday. Yost is in the midst of his first season with the Royals after replacing Trey Hillman earlier in the year.

<< N.Y. to reveal third designated player Tuesday
Secaucus, NJ (Sportsbook Betting Lines) - Red Bull New York, which recently added French star Thierry Henry as its second designated player, announced Saturday it will reveal a third designated player Tuesday at Red Bull Arena. Juan Pablo Angel and

<< Sadler earns first truck win at Pocono
Long Pond, PA (Sportsbook Betting Lines) - Elliott Sadler held off Kasey Kahne during a second green-white-checkered finish to win the inaugural Pocono Mountains 125 Camping World Truck Series race at Pocono Raceway. Just after the restart for th

Colts sign second and third round picks >>
Anderson, IN (Sportsbook Betting Lines) - The Indianapolis Colts have signed their second-round pick, linebacker Pat Angerer, and third-round choice, defensive back Kevin Thomas. No terms of the deals were announced. Angerer was the 63rd

Broncos agree to terms with rookie WR Thomas >>
Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos on Saturday agreed to terms with rookie wide receiver Demaryius Thomas. Thomas was selected 22nd overall by Denver in this year's draft. According to the Denver Post, the contract is

Overton keeps lead at Greenbrier Classic >>
White Sulphur Springs, WV (Sportsbook Betting Lines) - Jeff Overton shot a four-under 66 on Saturday to remain in the lead after three rounds of The Greenbrier Classic. Chasing his first PGA Tour win, Overton finished 54 holes on The Old White Course

Le Toux's eighth goal helps Union tie Revolution >>
Chester, PA (Sportsbook Betting Lines) - Sebastien Le Toux scored his eighth goal of the season in the first half, but the Philadelphia Union settled for a 1-1 draw on Saturday at PPL Park against the New England Revolution. Marko Perovic equalized Le

Harden activated from disabled list >>
Anaheim, CA (Sportsbook Betting Lines) - The Texas Rangers have reinstated pitcher Rich Harden from the 15-day disabled list to start Saturday's game against the Los Angeles Angels of Anaheim. Harden was placed on the DL June 12, one day after

What Is the Point Spread?

What are Sports Betting Point Spreads?

In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.

Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).

If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).

Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.

How to Read Point Spreads

New England Patriots -7 vs. Philadelphia Eagles

The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)

In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:

  • Philly wins the actual game by any amount of points
    OR
  • Philly loses the game by less than 7 points.
  • There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.

    The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:

    Philadelphia Eagles +7 vs. New England Patriots

    Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.

    For Those Who Like to Consider Things Mathematically

    Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:

  • Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
    OR
  • Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score

    Who Really “Won” the Super Bowl odds ?

    Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21

    The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.

    Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.

    Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).

    Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.

    And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.

To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.

Sportsbook Betting Lines

Who Makes the Sportsbook Betting Lines?

Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines. Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years. In our extended interview, Seba explained that there are 4-5 oddsmakers assigned to make lines for each of the major sports (pro & college football and basketball; MLB, NHL, boxing, golf). Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process. Oddsmakers at LVSC are professional sports junkies who love what they do and would probably do it for nothing if you asked them, but they do get paid for it. By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error.

“You either have a passion for it or you don’t,” Seba said.

“The #1 thing for us is to make a line for each game that creates good two-way action. We do this by drawing from past experiences and applying them to current situations. People think it’s much more complicated, but it’s not. “

What are the Football Betting Lines Trying to Accomplish?

There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by. That is not the case at all – their intent is NOT to evenly split the ATS result between the teams; rather, their goal is to attract equal betting action on both sides. Stated another way, they want to create a line that half the people find appealing to bet one way while the other half find it appealing to bet the other way (known as ‘dividing the action’).

Divided action means the sportsbook is guaranteed a profit on the game because of the fee charged to the bettor (called juice or vig – typically $11 bet to win $10).

How the Opening Line Is Made

The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks. Of course there is an entire method to the madness on how the opening line is created. Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach. This usually includes having up-to-date power ratings on each team.

Power ratings are the oddsmaker’s value of each team and are used as a guide to calculate a "preliminary" pointspread on an upcoming game. The power ratings are adjusted after each game a team plays. Examples of non-game factors that would require an adjustment to a team's power rating are key player injuries and player trades.

Once a game’s power rating based pointspread is determined, the oddsmaker will make adjustments to that line after considering each team's most recent games played and previous games played against that opponent. Also, adjustments are made after reading each team’s local newspapers to get a sense of what the coaches & players are thinking going into the game.

Since the oddsmaker’s ultimate goal is equally dividing the sports betting action, public perception and sportsbook betting patterns must be taken into account. For example, the public might have heavy betting interest week after week on a popular college football betting team such as USC. If an oddsmaker comes up with a preliminary line of USC -7, then an adjustment up to -7.5 or -8 would be made in response to the public’s expected USC bias.

The last step in the line-making process for each oddsmaker is taking one final look to determine whether or not the line "feels right." This is where common sense and past experience with how games are bet enters into the picture.

A round-table discussion among the 4-5 oddsmakers involved in making the line for each sport is then conducted and a consensus line is decided upon by the Odds Director before it is released to the sportsbooks. Of the 4-5 oddsmakers, generally the 2 most respected opinions are weighed more heavily by the Odds Director before he decides on the final line.

Why Sports Betting Lines Change

Once the opening line is released by LVSC, the individual sportsbooks decide if they want to make any adjustments before offering it to the public. Reasons for such adjustments include:

Experts working for the individual books having a strong opinion on the game

Individual books having players who consistently bet with certain tendencies (such as an extreme bias toward favorites or toward a certain popular team like USC)

The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action.

Once betting begins, sportsbooks can adjust the line at any time. In doing so they attempt to make more attractive the team that is getting less action. By moving the line, sportsbooks can influence how the public bets on a particular game.

For example, if the pointspread on a game is 7 and most of the money is coming in on the underdog (taking the +7), sportsbooks will then move the number down to 6 ½ to try and attract money on the favorite.

Moving the line is the oddsmaker's effort to balance betting action, and often times such moves can have a major impact on a bettor’s decision. Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather. Obviously, if the line comes out a week ahead of the event (which is the case in football), there is much that could happen during the week leading up to the event that could affect the line. Oddsmakers have to determine if any changes are necessary and send out an "adjusted line."

“The main objective is that our clients get equal action on both sides,” Seba said. “We’re not trying to pick the team that covers the spread, we’re trying to make it a coin flip, a tough decision (for the bettor). If we’ve done that, we’ve done our job.”

To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.


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Bonds nearly hits HR 751, SF wins
4 and drove in a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat 1, in the middle contest of three at AT&T Park. 6) allowed five hits and one run over 6 2/3 innings, fanning eight and walking three. game slide. Bonds, who came within five homers of Hank Aaron's record on Friday, went 1 with three walks, an RBI double and scored twice. The double ... read more


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NFL FOLDS EUROPEAN LEAGUE

The NFL folded its development league in Europe after 16 years Friday. The decision was made so the league could put a stronger international focus season games outside the United States. The announcement came less than a week after the Hamburg Sea Devils beat the 28 in the World Bowl championship in Frankfurt before a crowd of 48,125. Five of the league's six teams were based in Germany, while the other was in Amsterdam, Netherlands. season games outside the United States. The first such game is October 28 in London, England between the Miami Dolphins and the New York Giants. focus the NFL's strategy on initiatives with global impact, including worldwide media coverage of our sport and the staging of seas... more

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