Hanigan, Arroyo lead Reds past Braves
Baseball Betting Lines
07/31/2010 - Cincinnati, OH (Sportsbook Betting Lines) - Ryan Hanigan delivered the tie-breaking two- run double in the seventh inning, and Bronson Arroyo tossed seven sturdy frames in Cincinnati's 5-2 win over Atlanta in the middle tilt of a three-game set.
Scott Rolen homered, scored twice and started the winning rally for Cincinnati, which beat the Braves for the first time in four tries this season.
Arroyo (11-6) allowed two runs on five hits while walking three and fanning three for the Reds, who have won three of their last four. Francisco Cordero, who suffered the loss in Friday's game, bounced back to work a scoreless ninth inning to record his 28th save of the year.
Jair Jurrjens (3-4) suffered the loss after yielding five runs on eight hits while striking out six over 6 2/3 innings for the Braves, who have dropped four out of six.
Saratoga Springs, NY (Sportsbook Betting Lines) - A Little Warm, ridden by John Velazquez, took the lead in mid-stretch on his way to winning Saturday's $500,000 Jim Dandy Stakes at Saratoga Race Course. The 1 1/8-mile contest is the
<< Sunderland signs Richardson to extension
Sunderland, England (Sportsbook Betting Lines) - Sunderland signed midfielder Kieran
Richardson to a contract extension through the 2012-13 season on Saturday.
Richardson, 25, joined Sunderland from Manchester United in 2007 and has made
85 appea
<< Giants agree to terms with second-round pick Joseph
East Rutherford, NJ (Sportsbook Betting Lines) - The New York Giants have reportedly
agreed to terms on a contract with defensive tackle Linval Joseph.
Joseph was selected 45th overall by the Giants in this year's draft. The Star-
Ledger reports t
<< St. Johnstone adds Haber on loan from West Brom
Perth, Scotland (Sportsbook Betting Lines) - St. Johnstone acquired striker Marcus Haber
on loan from English club West Brom on Saturday.
Haber, a 21-year-old Canadian, has yet to make a first-team appearance at West
Brom. He spent parts of last seaso
<< Niemi awarded hefty increase in arbitration
Chicago, IL (Sportsbook Betting Lines) - Chicago Blackhawks goaltender Antii Niemi has
reportedly been awarded $2.75 million for next season from an arbitrator on
Saturday.
The Chicago Tribune is reporting a significant increase from the $800,0
Omaha, NE (Sportsbook Betting Lines) - James Hahn fired a seven-under 64 and Kevin Chappell had a three-under 68 to share the third-round lead Saturday at the Cox Classic. They finished 54 holes on the Champions Run course at 17-under 196 to take a o
Burrell blasts Giants over Dodgers >>
San Francisco, CA (Sportsbook Betting Lines) - Pat Burrell smacked a two-out, two-run
homer off Jonathan Broxton in the eighth inning to help the Giants steal a 2-1
decision over the Dodgers in the second meeting of a three-game series.
Hong-Chih
Yanks, Phils set themselves up for a rematch >>
(Sportsbook Betting Lines) - I guess the Houston Astros and Cleveland Indians really
enjoyed last year's World Series.
After the Astros paid the Philadelphia Phillies to basically take Roy Oswalt
off their hands, Houston general manager Ed Wade
Couples joins Langer in lead at U.S. Senior Open >>
Seattle, WA (Sportsbook Betting Lines) - Hometown favorite Fred Couples fired a five-
under 65 Saturday to grab a share of the lead after three rounds of the U.S.
Senior Open.
Second-round leader Bernhard Langer birdied the 18th hole to card a t
Boston calls up Kalish; designates Hermida for assignment >>
Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox designated outfielder Jeremy
Hermida for assignment to make room on the 25-man roster for outfield prospect
Ryan Kalish, who was recalled from Triple-A Pawtucket.
Kalish was immediately ins
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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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