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February, 17 2012
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Holliday, Cards take series finale over NL Central-leading Reds
Baseball Betting Lines
09/05/2010 -
St. Louis, MO (Sportsbook Betting Lines) - Matt Holliday belted the game-changing three-
run home run in the sixth inning to lead St. Louis to a much-needed 4-2 win
over Cincinnati in the last of a three-game series.
Holliday finished 2-for-4 while Colby Rasmus added two hits and a run scored
for the Cardinals, who took two out of three to move to within seven games of
the NL Central-leading Reds.
Chris Carpenter (15-5) continued his season-long domination of the visitors
after allowing two runs on six hits while striking out a season-high 11
without walking a batter for the Redbirds, who took the season series, 12-6.
Homer Bailey (3-3) suffered the loss after allowing all four runs on five hits
while walking one and fanning four over six frames.
Orlando Cabrera doubled home both runs and finished 2-for-4 for Cincinnati,
which has won seven out of ten.
<< Southern wins MEAC/SWAC Challenge
Orlando, FL (Sportsbook Betting Lines) - Stump Mitchell won his coaching debut at
Southern University as the Jaguars rallied past Delaware State, 37-27, Sunday
afternoon in the sixth annual MEAC/SWAC Challenge at the Citrus Bowl.
Corey Cushing
<< Turkey and Slovenia win to reach quarterfinals
Istanbul, Turkey (Sportsbook Betting Lines) - Hedo Turkoglu scored 20 points and
Sinan Guler added 18 as Turkey subdued France, 95-77, to advance the
quarterfinals of the 2010 FIBA World Championships.
Turkoglu connected on 6-of-10
<< Dolphins add four, cut three
Davie, FL (Sportsbook Betting Lines) - The Miami Dolphins were awarded four players on
waiver claims Sunday and also cut three players.
Awarded to the team were defensive ends Clifton Geathers and Robert Rose and
offensive linemen Jeremy Parnell a
<< Kisner gets 1st win at Mylan Classic
Canonsburg, PA (Sportsbook Betting Lines) - Kevin Kisner shot a four-under 67 to capture
his first Nationwide Tour win Sunday at the Mylan Classic.
A former All-American at the University of Georgia, Kisner finished four
rounds on the Southpointe cour
<< Cousins' hit lifts Marlins over Braves in extras
Miami, FL (Sportsbook Betting Lines) - Scott Cousins' pinch-hit single -- his first big
league hit -- in the bottom of the 10th inning scored Emilio Bonifacio, as the
Florida Marlins got by the Atlanta Braves, 7-6, in the rubber match of a
three-g
Fielder, Wolf help Brewers down Phils >>
Philadelphia, PA (Sportsbook Betting Lines) - Prince Fielder's three-run homer in the
first inning proved to be all Milwaukee needed, as the Brewers held off the
Phillies, 6-2, to avoid a three-game sweep at Citizens Bank Park.
Rickie Weeks had
Zimmerman, Nats beat up Pirates >>
Pittsburgh, PA (Sportsbook Betting Lines) - Ryan Zimmerman went 2-for-5 and drove in
four runs, as the Washington Nationals handled the Pittsburgh Pirates, 8-1, in
the rubber match of a three-game set at PNC Park.
Adam Dunn added a solo homer and
Gordon's homer lifts Royals past Tigers >>
Kansas City, MO (Sportsbook Betting Lines) - Alex Gordon hit a go-ahead home run leading
off the sixth inning, and the Kansas City Royals posted a 2-1 victory over
Detroit to salvage the finale of a three-game series at Kauffman Stadium.
The blas
O's hold on to edge Rays >>
Baltimore, MD (Sportsbook Betting Lines) - Corey Patterson homered and drove in three
runs and Nick Markakis went 2-for-5 with a pair of runs batted in to lead
Baltimore to an 8-7 win over Tampa Bay in a back and forth affair to close a
three-g
Blue Jays bomb their way past Yankees >>
Bronx, NY (Sportsbook Betting Lines) - Vernon Wells and Aaron Hill both knocked in three
runs to help the Toronto Blue Jays beat New York, 7-3, and salvage the
finale of a three-game series at Yankee Stadium.
Wells hit a two-run homer in th
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.
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.”
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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 ...
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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...
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| Current News |
- Stepanek ousted, Anderson advances in San Jose
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San Jose, CA (Sportsbook Betting Lines) - Former champion Radek Stepanek was a
second-round upset victim Thursday at the $531,000 SAP Open.
Belgian Steve Darcis bounced the fourth-seeded Czech 7-6 (7-4), 7-6 (7-2)
on the hardcourts at H
Tennis Betting News
- Smith, Coyotes blank Kings
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Los Angeles, CA (Sportsbook Betting Lines) - Mike Smith posted 28 saves for his fourth
shutout of the season as the Phoenix Coyotes edged the Los Angeles Kings, 1-0,
at Staples Center.
Radim Vrbata scored the only goal of the game for the Coyote
Hockey Betting News
- Sacre, Gonzaga roll past Santa Clara
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Santa Clara, CA (Sportsbook Betting Lines) - Robert Sacre posted 20 points to lift No.
24 Gonzaga to a 73-62 win over Santa Clara.
Sam Dower had 18 points and seven rebounds off the bench while Kevin Pangos
added 10 points for the Bulldogs (21-4,
Cbasketball Betting News
- Clippers rally to down Portland
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Portland, OR (Sportsbook Betting Lines) - Blake Griffin scored 21 points and pulled down
14 rebounds, as the Los Angeles Clippers outlasted Portland, 74-71.
Mo Williams added 17 points and six boards off the bench, while Chris Paul
chipped in with
Basketball Betting News
- Stanford routs Oregon State
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Corvallis, OR (Sportsbook Betting Lines) - Nnemkadi Ogwumike scored a game-best 27
points, as third-ranked Stanford buried Oregon State, 78-45.
Chiney Ogwumike added 10 points and Joslyn Tinkle donated seven points and 14
rebounds for Stanford
Cbasketball Betting News
- Stars nip Flames in OT
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Dallas, TX (Sportsbook Betting Lines) - Mike Ribeiro's goal in overtime sent the Stars
to a 3-2 win over the Flames on Thursday.
Adam Burish and Steve Ott scored in regulation while Ribeiro added an assist,
helping the Stars halt a three-game skid.
Hockey Betting News
- Duke rallies past NC State
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Durham, NC (Sportsbook Betting Lines) - Duke is becoming quite good at this comeback
thing.
Seth Curry scored 26 points and Austin Rivers added 16, including the go-ahead
three-pointer with 2:26 to play, as No.5 Duke rallied from a double-dig
Cbasketball Betting News
- Boozer and Bulls rally over Boston
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Chicago, IL (Sportsbook Betting Lines) - Carlos Boozer scored 23 points, grabbed 15
rebounds and dished out five assists, and the Chicago Bulls utilized a late
12-0 run to take down the Boston Celtics, 89-80, at United Center.
Luol Deng and
Basketball Betting News
- Kane leads Jets past Wild in shootout
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St. Paul, MN (Sportsbook Betting Lines) - Evander Kane scored twice in regulation and
the winner in the shootout to lift the Winnipeg Jets to a 4-3 win over the
Minnesota Wild.
In the fourth round, Dany Heatley was stopped by Chris Mason and
Hockey Betting News
- Blues take down Isles
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St. Louis, MO (Sportsbook Betting Lines) - T.J. Oshie had a goal and two assists and
Brian Elliott made 26 saves, as the Blues downed the Islanders, 5-1, on
Thursday.
Jason Arnott, Kevin Shattenkirk, Andy McDonald and David Perron all score
Hockey Betting News
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