Pierce passes Bird as Celtics down Bobcats
Basketball Betting Lines
02/07/2012 - Boston, MA (Sportsbook Betting Lines) - Paul Pierce passed Larry Bird for second all- time on Boston's scoring list as he scored 15 points to go with nine assists and eight rebounds in a 94-84 victory over the Charlotte Bobcats at TD Garden on Tuesday.
Kevin Garnett led the Celtics with 22 points and Ray Allen chipped in 17. Rajon Rondo added a double-double with 10 points and 14 assists as the Celtics have won five straight and nine of their last ten.
The Bobcats were led by Reggie Williams' 21 points and got a season-high 20 points from Derrick Brown. Kemba Walker dropped in 16 points as the Bobcats lost their 12th straight game.
Louisville, KY (Sportsbook Betting Lines) - Caroline Doty had 15 points and No. 3 Connecticut defeated No. 20 Louisville, 56-46, at KFC Yum! Center on Tuesday. Tiffany Hayes and Bria Hartley scored nine points apiece for Connecticut (22-2
<< No. 2 Notre Dame cruises past Syracuse
Syracuse, NY (Sportsbook Betting Lines) - Devereaux Peters recorded a double-double with
21 points and 16 rebounds as No. 2 Notre Dame cruised to a 74-55 win over
Syracuse.
Kayla McBride scored 19 points, Skylar Diggins added 11 and Brittany Ma
<< Pacers hang on to beat Jazz
Indianapolis, IN (Sportsbook Betting Lines) - Darren Collison scored a season-high 25
points and added four rebounds as the Indiana Pacers held off the Utah Jazz,
104-99, at Bankers Life Fieldhouse on Tuesday night.
Utah erased a 21-point third
<< Blue Jackets get Wild
Columbus, OH (Sportsbook Betting Lines) - Antoine Vermette scored the eventual game-
winning goal in the second period as the Columbus Blue Jackets topped the
Minnesota Wild, 3-1, at Nationwide Arena.
David Savard had a goal and an assist
<< Ovechkin nets two, as Caps blank Panthers
Washington, DC (Sportsbook Betting Lines) - Alex Ovechkin got his first post-suspension
points, scoring two goals Tuesday night to lead the Washington Capitals over
the Florida Panthers, 4-0.
Washington moved one point ahead of Florida for first
New York, NY (Sportsbook Betting Lines) - Martin Brodeur extended his NHL record with the 117th shutout of his career, as the New Jersey Devils made a first period goal stand up in a 1-0 win over the New York Rangers at Madison Square Garden. Davi
Nielsen lifts Isles over Flyers in SO >>
Philadelphia, PA (Sportsbook Betting Lines) - Frans Nielsen scored the winner in the
shootout as the New York Islanders took a 1-0 win over the Philadelphia Flyers
at Wachovia Center.
After stopping all 18 shots in regulation and overtime, Ily
James, Wade lead Heat over Cavs >>
Miami, FL (Sportsbook Betting Lines) - Dwyane Wade and LeBron James had 26 and 24
points, respectively, as the Miami Heat beat the Cleveland Cavaliers, 107-91
at American Airlines Arena.
Chris Bosh added 15 points and nine rebounds for the H
Evansville gets past Creighton >>
Evansville, IN (Sportsbook Betting Lines) - Kenneth Harris scored 15 points and Colt
Ryan had 14 in Evansville's 65-57 upset of No. 17 Creighton on Tuesday.
The Purple Aces (12-12, 7-7 MVC) had lost three of four coming in, but
outscored
Nash lifts Suns over Bucks >>
Milwaukee, WI (Sportsbook Betting Lines) - The Suns saw a 21-point lead evaporate, but
Steve Nash's short jumper with five seconds remaining lifted Phoenix over
Milwaukee, 107-105.
Nash ended with 18 points and 11 assists for the Suns, who have
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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