Verlander, Tigers shut down Blue Jays
Baseball Betting Lines
07/22/2010 - Detroit, MI (Sportsbook Betting Lines) - Justin Verlander threw eight effective innings and Miguel Cabrera went 3-for-4 with two RBI, as the Detroit Tigers beat the Toronto Blue Jays, 5-2, in the opener of a four-game series.
Verlander (12-5) allowed two runs on eight hits and two walks, and struck out five in the victory, the Tigers' second in a row. Jose Valverde pitched a shutout ninth for his 20th save.
Johnny Damon went 2-for-3 with a double and scored twice for the Tigers.
Philadelphia, PA (Sportsbook Betting Lines) - The NFL's training camp season is once again approaching. Time for grueling two-a-days, the emergence of fantasy sleepers, and Brett Favre's annual yo-yo act with the inevitable familiar ending. And of co
<< Pirates C Doumit lands on DL with concussion
Pittsburgh, PA (Sport Network) - The Pirates placed catcher Ryan Doumit on the
15-day disabled list Thursday, one day after he exited a game early feeling
light-headed and nauseated following a first inning collision at home plate.
After
<< Roenick, Hatcher brothers head 2010 U.S. Hockey Hall of Fame class
Colorado Springs, CO (Sportsbook Betting Lines) - Jeremy Roenick headlines a list of
five members that make up the United States Hockey Hall of Fame Class of
2010.
The class, which also includes Derian Hatcher, Kevin Hatcher, Art Berglund an
<< Brewers activate Gallardo for Thursday start
Milwaukee, WI (Sportsbook Betting Lines) - The Brewers have activated right-hander
Yovani Gallardo from the 15-day disabled list to make Thursday's start versus
Pittsburgh.
Gallardo suffered a strained left rib cage muscle against the Cardi
<< Canada's squad armed and ready
Toronto, Canada (Sportsbook Betting Lines) - As Canada prepares to host the 2010 IBAF
World Junior Baseball Championship in Thunder Bay, Ont., beginning Friday,
here's a closer look at its final 20-player roster.
It all starts behind the plate.
Can
Miami, FL (Sportsbook Betting Lines) - Ronny Paulino knocked in the game-winning run in the bottom of the ninth to give the Marlins a 3-2 win to finish out a four- game series with the Rockies. Emilio Bonifacio tripled to deep center over the
Flyers bring back Powe for another year >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Flyers signed forward
Darroll Powe to a one-year contract Thursday.
Powe, 25, scored nine goals and assisted on six more in 63 regular season
games for the Eastern Conference ch
Pacers sign Stephenson >>
Indianapolis, IN (Sportsbook Betting Lines) - The Indiana Pacers announced the signing
of second-round draft choice Lance Stephenson to a multi-year contract.
Per team policy, exact terms of the contract were not disclosed.
Stephenson was the 40
Langer among the leaders at Senior British >>
Carnoustie, Scotland (Sportsbook Betting Lines) - Bernhard Langer posted a four-under 67
on Thursday to share the first-round lead with Jay Don Blake and Carl Mason at
the Senior Open Championship.
Bruce Vaughan, the 2008 winner, Mark Wiebe and Da
Saints sign recently released McCray >>
Metairie, LA (Sportsbook Betting Lines) - The New Orleans Saints have signed defensive
end Bobby McCray to a one-year contract, just one month after releasing him.
McCray, 28, signed with the Saints as an unrestricted free agent in 2008. The
Florid
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.”
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