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A Cyber Bookie

February, 20 2012


Stosur, Sharapova reach semis in Stanford

Tennis Betting Lines

07/31/2010 - Stanford, CA (Sportsbook Betting Lines) - Top-seeded Australian Samantha Stosur and fifth-seeded Russian Maria Sharapova won their respective quarterfinal matches Friday at the $700,000 Bank of the West Classic tennis event.

Stosur outlasted seventh-seeded Belgian Yanina Wickmayer 7-5, 3-6, 6-3. Stosur, who lost to Francesca Schiavone in the finale at Roland Garros, is playing her first tournament since breaking into the top five.

Belarusian Victoria Azarenka, the eighth seed, took down defending champion and fourth-seeded Marion Bartoli 3-6, 6-3, 6-3. Bartoli of France surprised American star Venus Williams in last year's finale here. Azarenka will battle Stosur in Saturday's semifinals.

Sharapova defeated fellow countrywoman Elena Dementieva, the second seed, 6-4, 2-6, 6-3 on the hardcourts at Taube Family Tennis Stadium.

In other quarterfinal action, third-seeded Pole Agnieszka Radwanska leveled Russian glamour girl Maria Kirilenko 7-5, 6-0. Radwanska will next face Sharapova.

The big winner this week will receive $107,000.


<< Rain-soaked Cardinals sneak past Pirates in 10
St. Louis, MO (Sportsbook Betting Lines) - Brendan Ryan's infield single scored the winning run in the bottom of the 10th inning, as the St. Louis Cardinals snuck past the Pittsburgh Pirates, 1-0, in the opener of a three-game series at Busch S

<< Giants hold on in ninth to edge Dodgers
San Francisco, CA (Sportsbook Betting Lines) - Aubrey Huff went 3-for-4 with a home run, a double and three RBI, and Tim Lincecum lasted seven innings after a slow start to pace San Francisco to a tight 6-5 triumph over the Dodgers in the opener

<< Angels erase early five-run deficit, top Rangers
Anaheim, CA (Sportsbook Betting Lines) - Juan Rivera had two hits, including a three-run homer, and the Los Angeles Angels overcame an early five-run deficit to beat the rival Texas Rangers, 9-7, in the start of a crucial intradivisional weekend

<< Marlins beat Padres to begin weekend series
San Diego, CA (Sportsbook Betting Lines) - Gaby Sanchez and Cody Ross homered to lead the Florida Marlins past the San Diego Padres, 4-2, in the opener of a three- game series. Hanley Ramirez and Logan Morrison each drove in a run for the Marl

<< Murray into semis in LA
Los Angeles, CA (Sportsbook Betting Lines) - Andy Murray took a first-set tiebreaker against Alejandro Falla of Colombia and took control from there for a straight victory in the quarterfinals at the $700,000 Farmers Classic tennis event. The top

Cuba edges U.S. in thrilling quarterfinal >>
Thunder Bay, ON (Sportsbook Betting Lines) - After a dramatic quarterfinal matchup, one can only imagine what else is in store for the final weekend of the World Junior Baseball Championship. Omar Luis threw nine solid innings in a gutsy 144-pitch eff

Wick's two home runs power Canada over Italy >>
Thunder Bay, ON (Sportsbook Betting Lines) - With upsets aplenty and coming off a scare of their own, Team Canada wasn't taking any chances against an overmatched Italian squad in the quarterfinals of the World Junior Baseball Championships. A day aft

Blue Jays hope to stay hot versus Indians >>
(Sportsbook Betting Lines) - The Toronto Blue Jays are riding a four-game winning streak and will attempt to continue the string of strong play against the Cleveland Indians in the second of three weekend games at Rogers Centre. Righty Jake Westbrook

Tigers continue road series with Red Sox >>
(Sportsbook Betting Lines) - The Detroit Tigers finally halted a nine-game road losing streak last night and will aim for a second straight win over the Boston Red Sox today at Fenway Park. In Friday's opener, Jhonny Peralta hit a pair of homers and d

Reds hope to reclaim first place in test with Braves >>
(Sportsbook Betting Lines) - The Cincinnati Reds try to once again reverse their standing in the National League's Central Division today when they host the Atlanta Braves in game two of a three-game series at Great American Ball Park. The Reds entere

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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