Winnpeg Blue Bombers (CFL)
Football Betting Lines
06/25/2009 - Released defensive backs Patrick Body, Ronyell Whitaker, Jasper Johnson and Nick Kordic, wide receiver Terry Firr, offensive linemen Jean-Francois Morin-Robeerge, Matt O'Meara and Thaddeus Coleman, running back Joe Smith, defensive linemen Montez Murphy and Chase Ortiz and linebacker Neil Ternovatsky.
Manchester, England (Sportsbook Betting Lines) - Gremio has rejected a request from Manchester United to take rising star Douglas Costa on trial. The 18-year-old attacking midfielder is one of the brightest talents in South American football a
<< Pirates send Snell to minors
Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Pirates optioned struggling
pitcher Ian Snell to Indianapolis of the International League on Thursday.
Snell has made 15 starts this season, compiling a 2-8 record with a 5.36
earned r
<< Andujar returns to Serie A with Catania
Catania, Italy (Sportsbook Betting Lines) - Argentinian goalkeeper Mariano Andujar has
returned to Serie A after joining Catania.
The 25-year-old former Palermo shot-stopper has joined Rossazzurri from
Estudiantes. Andujar made 21 appearanc
<< Santana outshines Carpenter as Mets edge Cards
Flushing, NY (Sportsbook Betting Lines) - Johan Santana was solid on the mound, and Nick
Evans' two-run double in the fourth inning was the difference, as the Mets
edged St. Louis, 3-2, in the finale of a four-game set at Citi Field.
Fernando Tat
<< Bayern dismisses Lucio reports
Munich, Germany (Sportsbook Betting Lines) - Bayern Munich President Franz Beckenbauer
has categorically dismissed rumors linking Lucio with a departure from the
Allianz Arena.
The Brazil defender's future in Germany has been thrown into do
San Jose, CA (Sportsbook Betting Lines) - The San Jose Earthquakes placed defender Eric Denton and midfielder Kelly Gray on waivers Thursday. Denton appeared in 10 matches this season and had an assist. In 2008 he started 26 games at left back. G
St. Louis to host WPS All-Star Game >>
San Francisco, CA (Sportsbook Betting Lines) - Women's Professional Soccer announced
Thursday that The Anheuser-Busch Soccer Park in Fenton, Mo., will be the site
of the 2009 WPS All-Star Game on Aug. 30.
The league will employ a unique format
Brazil advances to play U.S. in Confed Cup final >>
Johannesburg, South Africa (Sportsbook Betting Lines) - Daniel Alves scored in the 87th
minute, helping Brazil edge South Africa 1-0 on Thursday in the Confederations
Cup to set up a rematch with the United States in the final.
Alves, who entered
Dundee aims to keep Gomis >>
Dundee, Scotland (Sportsbook Betting Lines) - Dundee United manager Craig Levein is
hoping to hold off interest in Morgaro Gomis this summer.
Gomis, 23, is under contract with the Terrors until 2011, but has been the
subject of interest fro
Berkman clubs two homers to help Astros crown Royals >>
Houston, TX (Sportsbook Betting Lines) - Lance Berkman hit a pair of two-run homers and
reached the 1,000 RBI plateau as the Houston Astros edged the Kansas City
Royals, 5-4, in the finale of a three-game interleague set at Minute Maid
Park.
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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