Stricker up to 5th in world rankings
Golf Betting Lines
01/10/2012 - Philadelphia, PA (Sportsbook Betting Lines) - Steve Stricker's victory Monday at the Hyundai Tournament of Champions moved the American up to fifth in this week's world rankings.
Luke Donald remained in first, followed by Lee Westwood, Rory McIlroy and Martin Kaymer. After Stricker is Adam Scott, who dipped one to No. 6. Webb Simpson climbed three to seventh and Dustin Johnson dropped a peg to eighth. Masters champion Charl Schwartzel held on to ninth and Jason Day fell two to 10th.
Matt Kuchar stayed in 11th, but Graeme McDowell rose one to 12th. Nick Watney slid down to No. 13. while K.J. Choi and Phil Mickelson switched places with Choi up to 14th and Mickelson down to No. 15.
Justin Rose and Hunter Mahan both shot up two to 16 and 17, respectively. Sergio Garcia dropped one to 18th, followed by Ian Poulter, who fell three to 19th, and Paul Casey, who remained in 20th.
Tiger Woods dipped two to No. 25.
West Bromwich, England (Sportsbook Betting Lines) - West Bromwich completed the capture of Scottish Under-21 international midfielder Scott Allan from Dundee United on Tuesday. Allan, 20, joins the English Premier League club on a 2 1/2-year contra
<< Coleman, FCS contingent hope to impress in Shrine game
St. Petersburg, FL (Sportsbook Betting Lines) - Chattanooga quarterback B.J. Coleman
suffered through an injury-plagued senior campaign, but will have another
opportunity to impress NFL scouts in the coming weeks.
Coleman is one of 10 players from Foo
<< Quagliarella undergoes successful surgery
Turin, Italy (Sportsbook Betting Lines) - Juventus announced Tuesday that striker Fabio
Quagliarella has successfully undergone surgery to repair a fractured
cheekbone sustained in Sunday's 1-0 defeat of Lecce.
A timeline for Quagliarella's
<< Vogel has Pacers on the right path
Philadelphia, PA (Sportsbook Betting Lines) - It wasn't the homecoming he would have
liked but win or lose these days Indiana coach Frank Vogel has made Pacers
basketball relevant again.
Vogel, who grew up in Wildwood Crest, a Jersey shor
<< City loses appeal of Kompany red card
London, England (Sportsbook Betting Lines) - Manchester City's claim that defender
Vincent Kompany was wrongfully ejected in Sunday's FA Cup clash against
Manchester United was dismissed by the English Football Association on
Tuesday
Parma, Italy (Sportsbook Betting Lines) - Parma named former Italy boss Roberto Donadoni its new manager Tuesday after it fired Franco Colomba. Donadoni, 48, coached Italy from 2006-08, but after a quarterfinal loss in the Euro 2008 tournament to even
Former Blues GM Caron dies >>
St. Louis, MO (Sportsbook Betting Lines) - Former St. Louis Blues general manager Ron
Caron died Monday night. He was 82 years old.
Caron, nicknamed "The Professor" for his remarkable hockey memory, served as
the Blues GM from 1983-94 and aga
Hinchcliffe takes over Patrick's ride at Andretti Autosport >>
Indianapolis, IN (Sportsbook Betting Lines) - Andretti Autosport has named James
Hinchcliffe as the replacement driver for Danica Patrick in the No.27 car for
the 2012 IZOD IndyCar Series season.
Hinchcliffe drove for Newman-Haas Racing du
Resilient Stricker hangs tough >>
Philadelphia, PA (Sportsbook Betting Lines) - Steve Stricker entered the 2012 season
with plenty of questions surrounding his game. He battled through a neck
injury at the end of 2011, and no one knew how he would bounce back once the
calendar changed.
Coyotes claim Brule off re-entry waivers from Edmonton >>
Glendale, AZ (Sportsbook Betting Lines) - The Phoenix Coyotes have claimed center
Gilbert Brule off re-entry waivers from the Edmonton Oilers.
Brule was playing for Edmonton's American Hockey League affiliate in Oklahoma
City and needed to cl
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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