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A Cyber Bookie

February, 17 2012


Serra exits Bastad

Tennis Betting Lines

07/12/2010 - Bastad, Sweden (Sportsbook Betting Lines) - Eighth-seeded Frenchman Florent Serra was a first-round upset victim Monday at the Swedish Open.

Italian Potito Starace stifled Serra 6-2. 6-2 on the red clay at Bastad Tennis Stadium.

In other first-round action, Italian Fabio Fognini came back to best Swedish wild card Filip Prpic 6-7 (7-9), 6-3, 6-4, Spaniard Pere Riba overcame Aussie Peter Luczak 4-6, 6-2, 7-6 (8-6), and veteran Swedish favorite Andreas Vinciguerra outlasted German Daniel Brands 7-6 (8-6), 6-7 (5-7), 6-4. The 29- year-old Vinciguerra played only his third ATP-level match of the year on Monday. Fognini will meet third-seeded Spaniard David Ferrer in the second round.

Vinciguerra, a wild card this week, was the runner-up at this event in 1999 and 2000. He'll face top-seeded fellow Swede Robin Soderling in the second round this week.

The 2010 Bastad field features former champs Soderling, Ferrer (2007) and Tommy Robredo (2006, 2008). The reigning two-time French Open runner-up Soderling topped Argentine Juan Monaco in last year's finale.

The WTA Tour staged an event here last week, with France's Aravane Rezai topping Argentine Gisela Dulko in the final on Saturday.


<< Edoardo Molinari in top 20 of world rankings
Philadelphia, PA (Sportsbook Betting Lines) - Edoardo Molinari collected his first European Tour win Sunday at the Scottish Open and in the process, moved inside the top 20 of the world rankings. Molinari moved up 22 places to 19th this week.

<< Duquesne names two coordinators
Pittsburgh, PA (Sportsbook Betting Lines) - Former Saint Francis (Pa.) football coach Dave Opfar was named Duquesne's new defensive coordinator and Niel Loebig was elevated from quarterbacks coach to offensive coordinator, Dukes coach Jerry Schmitt annou

<< NL Pitcher Gets All-Star Snub
New York, NY (Sportsbook Betting Lines) - For those of you still wrapped up in Strasburg- mania, I have to regretfully inform you that he's not the pitcher referred to in the above headline. As impressive as the Nationals' rookie has been, and as much as

<< Two horse race continues in NTRA Poll
New York, NY (Sportsbook Betting Lines) - Following a one week break from voting in the NTRA National Poll, the same two horses remain on top of the tabulation. Champion mare Zenyatta holds a narrow lead over four-year-old colt Quality Road.

<< Young replaces Beltre on AL All-Star team
Anaheim, CA (Sportsbook Betting Lines) - Texas Rangers third baseman Michael Young became the latest injury replacement for the All-Star Game, named Monday to take the spot of Boston's Adrian Beltre on the American League roster. American Le

Hanescu ousted in Stuttgart >>
Stuttgart, Germany (Sportsbook Betting Lines) - Eighth seed and 2009 runner-up Victor Hanescu was an opening-round upset victim Monday at the Mercedes Cup tennis event. The Romanian Hanescu was knocked out by Swiss Marco Chiudinelli 7-6 (7-4), 6

Chivas USA's Braun earns MLS Player of Week >>
New York, NY (Sportsbook Betting Lines) - Chivas USA forward Justin Braun was voted Major League Soccer's Player of the Week for Week 15 of the 2010 season on Monday. Braun scored both of his club's goals in its 2-0 win over th

Three advance in Prague >>
Prague, Czech Republic (Sportsbook Betting Lines) - A trio of unseeded women, including Slovenian Polona Hercog, posted first-round wins Monday at the $220,000 Prague Open tennis event. Hercog humbled German Tatjana Malek 6-4, 6-2 on the red clay at

Henry to New York exactly what MLS needs >>
(Sportsbook Betting Lines) - In one of the worst-kept secrets in soccer, French striker Thierry Henry will be announced as Red Bull New York's second designated player at a press conference on Thursday at Red Bull Arena in Harrison, N.J. What

ESPN's Berman honored with Pete Rozelle Award >>
Canton, OH (Sportsbook Betting Lines) - ESPN host Chris Berman has been recognized as the 2010 recipient of the Pro Football Hall of Fame's Pete Rozelle Radio- Television Award. The award recognizes long-time exceptional contributions t

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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Bonds nearly hits HR 751, SF wins
4 and drove in a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat 1, in the middle contest of three at AT&T Park. 6) allowed five hits and one run over 6 2/3 innings, fanning eight and walking three. game slide. Bonds, who came within five homers of Hank Aaron's record on Friday, went 1 with three walks, an RBI double and scored twice. The double ... read more


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NFL FOLDS EUROPEAN LEAGUE

The NFL folded its development league in Europe after 16 years Friday. The decision was made so the league could put a stronger international focus season games outside the United States. The announcement came less than a week after the Hamburg Sea Devils beat the 28 in the World Bowl championship in Frankfurt before a crowd of 48,125. Five of the league's six teams were based in Germany, while the other was in Amsterdam, Netherlands. season games outside the United States. The first such game is October 28 in London, England between the Miami Dolphins and the New York Giants. focus the NFL's strategy on initiatives with global impact, including worldwide media coverage of our sport and the staging of seas... more

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