Tennessee moves on in SEC Tournament
NCAA Basketball Betting Lines
03/12/2010 - Nashville, TN (Sportsbook Betting Lines) - J.P. Prince scored 17 points and Wayne Chism added 16 and 15 rebounds, as No. 15 Tennessee dismissed the Ole Miss Rebels in the quarterfinals of the SEC Tournament with a 76-65 victory.
Cameron Tatum had four of his five field goals from beyond the arc to end with 15 points and Bobby Maze scored 13 for the Volunteers (25-7), who set up a date with second-ranked Kentucky in the semifinals on Saturday.
Chris Warren knocked down five three-pointers to finish with 16 points, but failed to take care of the ball and turned it over 10 times.
Zach Graham had 15 points and six rebounds, while Terrico White went for 13 and eight as Ole Miss' (21-10) shot at an at-large bid to the NCAA Tournament diminished.
Miami, FL (Sportsbook Betting Lines) - Ernie Els fired a six-under 66 on Friday to move in front after the second round of the WGC-CA Championship at a rainy TPC Blue Monster at Doral. Els, a three-time major winner, finished 36 holes at 10-under 1
<< Auburn dismisses Lebo
Auburn, AL (Sportsbook Betting Lines) - Auburn University has dismissed its head men's
basketball coach.
The school announced on Friday that Jeff Lebo, who has helmed the program for
the last six seasons, will no longer be behind the Tigers' bench.
<< Masoli, Embry the latest Ducks to enter guilty plea
Eugene, OR (Sportsbook Betting Lines) - On Friday, the same day teammate LaMichael James
was sentenced on a misdemeanor harassment charge, Oregon quarterback Jeremiah
Masoli and wide receiver Garrett Embry pled guilty to charges of burglary.
Masoli
<< Inter stunned by Catania
Catania, Italy (Sportsbook Betting Lines) - Catania scored three times in the final 20
minutes of their 3-1 upset win over Inter Milan at the Angelo Massimino on
Friday.
Diego Milito scored in the 54th minute for Inter, but had his opener cance
<< Oregon RB James sentenced to probation, 10 days in jail
Eugene, OR (Sportsbook Betting Lines) - Oregon sophomore running back LaMichael James
was sentenced to 24 months probation and 10 days in jail after pleading guilty
to one count of physical harassment on Friday.
James agreed to a bargain that
Tulsa, OK (Sportsbook Betting Lines) - Randy Culpepper scored 21 points and Arnett Moultrie added 18 to pace No. 25 UTEP to a 75-61 win over Tulsa in the semifinal round of the Conference USA Tournament at the BOK Center. Christian Polk
Corliss Williamson takes over at Central Arkansas >>
Conway, AR (Sportsbook Betting Lines) - The University of Central Arkansas has named
former college and NBA standout Corliss Williamson as its next men's head
basketball coach.
Williamson, who enjoyed a fruitful 12-year NBA career, played his
Bucs ink LB Alston >>
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers announced the
signing of linebacker Jon Alston on Friday.
Terms of the deal were not disclosed.
Alston spent the last three seasons with Oakland. He recorded 23 tackles in
Redskins bring in RB Johnson >>
Ashburn, VA (Sportsbook Betting Lines) - The Washington Redskins signed running back
Larry Johnson on Friday.
Terms of the deal were not announced, but a report in the Washington Post says
the contract is for three years and a total of $12 million
Blake advances at BNP Paribas Open >>
Indian Wells, CA (Sportsbook Betting Lines) - Former top-five American James Blake was
an easy first-round winner Friday at the $4.5 million BNP Paribas Open, an ATP
World Tour Masters event.
Blake cruised past Spaniard Daniel Gimeno-Traver 6-3, 6-2
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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