No. 23 Indiana rolls over NC Central
NCAA Basketball Betting Lines
02/22/2012 - Bloomington, IN (Sportsbook Betting Lines) - Cody Zeller scored 17 points and Victor Oladipo netted 16 as No. 23 Indiana rolled over NC Central, 75-56, at Assembly Hall.
Will Sheehey added 12 points and seven rebounds, while Derek Elston contributed 10 points for the Hoosiers (21-7), who responded from dropping a 78-66 decision to Iowa on Sunday with their fourth win in five games.
Dominique Sutton scored a game-high 21 points for NC Central (14-13), which had its two-game win streak snapped. Ray Willis and Jeremy Ingram netted 10 points apiece in a losing effort.
South Bend, IN (Sportsbook Betting Lines) - Jerian Grant scored 20 points and the 20th- ranked Notre Dame Fighting Irish set a school record for most consecutive Big East wins with a 71-44 victory over the West Virginia Mountaineers. Scott Martin a
<< Angels sign Isringhausen to minor league deal
Tempe, AZ (Sportsbook Betting Lines) - The Los Angeles Angels of Anaheim have agreed to
terms on a minor league contract with veteran right-handed reliever Jason
Isringhausen.
The 39-year-old Isringhausen appeared in 53 games last season for the
<< Rosenbach named Montana's offensive coordinator
Missoula, MT (Sportsbook Betting Lines) - Former NFL quarterback Timm Rosenbach has been
named offensive coordinator at the University of Montana, Grizzlies head coach
Robin Pflugrad announced Wednesday.
Rosenbach, 45, also will serve as Montana's qua
<< Alabama A&M to retire Mathis' jersey
Normal, AL (Sportsbook Betting Lines) - Alabama A&M will retire the college jersey of
Indianapolis Colts defensive end Robert Mathis in a ceremony on March 3.
Mathis' No. 55 will be retired at halftime of Alabama A&M's annual spring
game.
M
<< Donald out, Woods survives at Match Play
Marana, AZ (Sportsbook Betting Lines) - Top overall seed and defending champion Luke
Donald was eliminated Wednesday in the first round of the WGC-Accenture Match
Play Championship.
Donald drew no ordinary No. 64 seed.
Ernie Els, who only made
Syracuse, NY (Sportsbook Betting Lines) - Scoop Jardine scored 15 points, C.J. Fair had 13 and No. 2 Syracuse had to overcome a slow start, then hold on to beat South Florida, 56-48, on Wednesday night. Kris Joseph added 12 points and nine rebounds fo
Blue Jackets activate Sanford from IR >>
Columbus, OH (Sportsbook Betting Lines) - The Blue Columbus Jackets activated backup
goaltender Curtis Sanford from injured reserve on Wednesday.
Sanford hasn't played since February 8 due to a lower-body injury suffered in
a game against the Dal
No. 22 Temple edges La Salle in OT >>
Philadelphia, PA (Sportsbook Betting Lines) - Khalif Wyatt netted 25 points while
Micheal Eric added a double-double with 18 points and 12 rebounds as No. 22
Temple edged La Salle in overtime, 80-79, to win its 11th consecutive game.
Earl Pe
Pacers beat Bobcats again >>
Charlotte, NC (Sportsbook Betting Lines) - Tyler Hansbrough scored 22 points and pulled
down nine rebounds off the bench as the Pacers dominated the Bobcats for the
second time in four days, winning 102-88 at Time Warner Cable Arena on
Wednesd
Kaman leads Hornets over Cavs >>
Cleveland, OH (Sportsbook Betting Lines) - Chris Kaman had a double-double with 21
points and 13 rebounds as the New Orleans Hornets defeated the Cleveland
Cavaliers, 89-84, on Wednesday.
Marco Belinelli scored 19 points, Jarrett Jack n
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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