Handicappers
  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:44:29 -0500

    By: Sports Illustrated

    Knicks' Calderon makes debut
    against 76ers

    NEW YORK (AP) Jose Calderon is
    making his season debut Saturday
    for the New York Knicks after
    missing the first 13 games with a
    strained right...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:48:20 -0500

    By: Sports Illustrated

    Duquesne rolls over Abilene
    Christian 102-81

    ABILENE, Texas (AP) Jordan Stevens
    scored 27 points, nailing 6 of 9
    from beyond the arc, as Duquesne
    rolled over Abilene Christian
    102-81 on...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:37:50 -0500

    By: Sports Illustrated

    Louisiana-Monroe beats New
    Mexico State 30-17

    LAS CRUCES, N.M. (AP) Pete Thomas
    threw for 350 yards and one
    touchdown and Louisiana-Monroe beat
    New Mexico State 30-17 on
    Saturday.New Mexico...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 20:21:52 -0500

    By: Sports Illustrated

    LSU over Weber State 72-58

    ST. THOMAS, U.S. Virgin Islands
    (AP) Jordan Mickey scored a
    career-high 27 points and had 14
    rebounds to lead Louisiana State to
    a 72-58 victory...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:55:58 -0500

    By: Sports Illustrated

    Stanford routs rival Cal 38-17
    in 117th Big Game

    BERKELEY, Calif. (AP) Remound
    Wright ran for four touchdowns, and
    Stanford used a smothering
    defensive effort to rout rival
    California 38-17 on...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:43:05 -0500

    By: Sports Illustrated

    Lynch, Hayes lead Memphis past
    South Florida 31-20

    MEMPHIS, Tenn. (AP) Paxton Lynch
    threw for 232 yards with two
    touchdowns and rushed for two more
    as Memphis defeated South Florida
    31-20 on...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:37:50 -0500

    By: Sports Illustrated

    Cal State Fullerton holds off
    San Jose State 70-66

    FULLERTON, Calif. (AP) Moses
    Morgan hit three straight 3-point
    jumpers to break open a one-point
    game and Cal State Fullerton was
    solid at the...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 20:00:21 -0500

    By: Sports Illustrated

    Why Jonas Jerebko Should Get
    More Playing Time


    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:52:11 -0500

    By: Sports Illustrated

    UMaine fans fail to set world
    record for flannel

    ORONO, Maine (AP) The University
    of Maine has fallen short in its
    quest to break the world record for
    having the most people in one place
    wearing...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 19:56:08 -0500

    By: Sports Illustrated

    Mariota has 4 TDs and Ducks
    beat Buffaloes 44-10

    EUGENE, Ore. (AP) Marcus Mariota
    threw for 323 yards and three
    touchdowns and ran for 73 yards and
    another score in perhaps his last
    game at...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 20:00:00 -0500

    By: Sports Illustrated

    John Calipari wishes daughter
    Happy Birthday on wrong day

    Kentucky basketball coach John
    Calipari had the best of intentions
    in wishing his daughter a happy
    birthday on Twitter?his timing was
    just off.
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 20:15:02 -0500

    By: Sports Illustrated

    Hans Zimmer Thinks Batman
    Needs A New Theme


    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 20:15:38 -0500

    By: Sports Illustrated

    Fansided Faux WM: Red Sox sign
    Jon Lester, Gerald Laird, Mike
    Adams


    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 20:02:33 -0500

    By: Sports Illustrated

    Arkansas-Pine Bluff rallies
    past Alabama A&M 20-19

    PINE BLUFF, Ark. (AP) Benjamin
    Anderson racked up 358 yards of
    total offense and scored all three
    touchdowns for Arkansas-Pine Bluff,
    which...
    …. read the rest by clicking HERE

  • Breaking SPORTSNEWS News
    @ Sat, 22 Nov 2014 20:03:36 -0500

    By: Sports Illustrated

    Sears paces Yale over Southern
    Illinois 53-46

    KENT, Ohio (AP) Justin Sears
    scored 17 points and grabbed 11
    rebounds to lead Yale over Southern
    Illinois 53-46 on Saturday
    night.Jack Montague...
    …. read the rest by clicking HERE

Click to read more news.
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Posted At: 03/21/2011 @ 8:04AM

How the Betting Line is Made

Tony George - Courtesy of my Friend Johnny Detroit at Pregame

I THOUGHT IT WAS IMPORTANT FOR YOU TO UNDERSTAND THE PROCEDURE FOR THIS.  WITH SO MUCH PUBLIC INTEREST IN MARCH MADNESS, THIS IS THE BEST BREAKDOWN I HAVE SEEN THAT EXPLAINS THIS IN LAMENS TERMS SO WE ALL CAN SEE HOW THIS WORKS.

MOST HANDICAPPERS REALLY HANDICAP THE LINE AS MUCH AS THE GAME IF NOT MORE, AND THAT IS WHAT SEPERATES US FROM JOE PUBLIC AND WHERE EXPERIENCE COMES IN.

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 Is the Line 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 betting action, public perception and betting patterns must be taken into account. For example, the public might have heavy betting interest week after week on a popular college football 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 the Line Changes

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:

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

o    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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