09/04/2010 -
Norton, MA (Sportsbook Betting Lines) - Tiger Woods shot a five-under 65 in the second
round of the Deutsche Bank Championship on Saturday, matching his lowest round
of the season.
More importantly? Woods played well enough to ensure he makes the 36-hole cut,
rebounding nicely from an opening-round 72 that threatened his chances of
advancing to the next round of the playoffs.
Woods was tied for 29th place at five-under 137 when he finished in the middle
of the day. The cut line hovered around one-under par with the last groups
about to start the round.
A poor start Friday had Woods in danger of being knocked out of next week's
BMW Championship, which he won last year by eight shots on the way to
capturing his second FedEx Cup in three years.
The third event in the PGA Tour playoffs is reserved for only the top 70
players in FedEx Cup points and Woods entered this week No. 65 in the
standings.
Woods' bogey-free 65 on Saturday marked just the third time in his last 17
rounds that he broke 70. It matched the 65 he shot in the first round of last
week's Barclays as his lowest score of the season.
<< Eagles acquire DE Barnes from Ravens
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Eagles acquired defensive
end Antwan Barnes from Baltimore in exchange for an undisclosed draft pick.
Barnes has spent his entire three-year career with the Ravens, appearing in 38
games.
<< Jimenez keeps three-shot lead in Switzerland
Crans Montana, Switzerland (Sportsbook Betting Lines) - Miguel Angel Jimenez protected
his three-shot lead at the European Masters Saturday with a three-under 68 in
the third round.
Jimenez appeared to have shot a 67 after rolling in a long birdie
<< Mariners, Indians to go at it again in Emerald City
(Sportsbook Betting Lines) -- The Seattle Mariners will attempt to build off an
impressive pitching performance when the American League West cellar-dwellers
take on the Cleveland Indians tonight in the continuation of a four-game
series between last-pla
<< Dodgers hoping to further cripple Giants' playoff hopes
(Sportsbook Betting Lines) - Matt Cain tries to make it two straight wins against the
club that has given him more trouble than any other team in his young career
when the San Francisco Giants continue their three-game set against the Los
Angeles Dodgers
<< D-Backs host Astros, shoot for fifth straight win
(Sportsbook Betting Lines) - Recent trade acquisition Joe Saunders tries to make it two
wins in a row for the first time since arriving in Arizona tonight, when the
Diamondbacks meet the Houston Astros in the middle matchup of a three-game
weekend series
Soderling reaches fourth round in Flushing >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Two-time French Open runner-up
Robin Soderling was an easy third-round winner Saturday at the U.S. Open.
The fifth-seeded Soderling whipped Dutchman Thiemo De Bakker 6-2, 6-3, 6-3 on
Day 6 at the US
Serbia edges Croatia to reach World Championship quarters >>
Istanbul, Turkey (Sportsbook Betting Lines) - Aleksandar Rasic's free throw with one
second left gave Serbia a 73-72 victory over Croatia and berth in the
quarterfinals of the FIBA World Championship.
The Serbs led by seven during the fou
Jankovic exits U.S. Open >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Former runner-up Jelena Jankovic was
a third-round upset victim Saturday at the U.S. Open.
Wimbledon quarterfinalist Kaia Kanepi stunned the former world No. 1 Jankovic
6-2, 7-6 (7-1) at the USTA Bil
Wozniacki, Sharapova roll; Jankovic exits U.S. Open >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Top-seeded 2009 runner-up Caroline
Wozniacki and former champion Maria Sharapova were easy third-round winners,
while former finalist Jelena Jankovic went by way of the upset Saturday at
the U.S. Open.
Falcons get to 53; CB Jackson among cuts >>
Flowery Branch, GA (Sportsbook Betting Lines) - The Atlanta Falcons have released 21
players as part of their Saturday "cut-down-day" maneuvers.
Atlanta waived or released tight end Robbie Agnone, wide receiver Troy
Bergeron, safety Eric Brock, wide r
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.
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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