Chicagoland begins IndyCar's final four on ovals

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08/24/2010 - Joliet, IL (Sportsbook Betting Lines) - Series: IZOD IndyCar. Date: Sunday, August 29. Race: PEAK Antifreeze and Motor Oil Indy 300. Site: Chicagoland Speedway. Track: 1.5-mile tri-oval. Start Time: 8:00 p.m. (et). Laps: 200. Miles: 300. 2009 winner: Ryan Briscoe. Television: VERSUS. Radio: IMS Radio Network/SIRIUS XM Satellite.

After the ninth and last road/street course race of the season was completed last Sunday at Infineon Raceway in Sonoma, CA, the IZOD IndyCar Series now holds its "final four" events on 1.5-mile ovals, beginning this weekend at Chicagoland Speedway.

With five wins so far this season, Will Power from Team Penske holds a 59- point lead over Dario Franchitti, the defending series champion. Franchitti's Chip Ganassi Racing teammate, Scott Dixon, is 95 points out of the top spot. All five of Power's wins have come on road/street courses.

"I don't think this championship is almost mine," he said. "There's a lot of racing to go. Four races, a lot can happen. Really, whatever the buffer is, you can lose a lot of that in just one race. I'm going to race those ovals like I want to win the championship. I think I got enough experience now, and I think we'll be very strong."

After Chicagoland, the series will head to Kentucky Speedway (September 4) and then Twin Ring Motegi in Japan (September 19) before wrapping up the season at Homestead-Miami Speedway (October 2).

Penske has won the last two race at Chicagoland, with Helio Castroneves taking the 2008 race and Ryan Briscoe capturing the 2009 event.

Power did not compete in last year's race at Chicagoland due to season-ending injuries he sustained during a practice crash at Sonoma. He finished fifth in his only IndyCar start at Chicagoland in 2008, when he drove for KV Racing Technology.

Even though Dixon and Franchitti have been dominant on the 1.5-mile ovals lately, a Ganassi driver has not won at Chicagoland since Dan Wheldon's victory in a Ganassi car here in 2006. Wheldon also won at Chicagoland in 2005.

Wheldon departed Ganassi and moved over to Panther Racing at the conclusion of the 2008 season.

Dixon has been the bridesmaid at Chicagoland, finishing second in the last four races here.

Last year, Briscoe beat Dixon to the finish line by 0.0077 seconds -- the fourth closest finish in series history.

"I've seen this movie before several times, so it's frustrating," Dixon said after his runner-up finish at Chicagoland in 2009. "I was thinking maybe for a lap or two there that we just might be able to do it. But for the majority of the night, if it came down to that shootout, I think we definitely knew we were going to lose. But it's getting pretty old, so hopefully we can turn it around at some point."

In 2008, Castroneves finished 0.0033 seconds ahead of Dixon in the second closest finish in series history. However, Dixon clinched the series title by 17 points over Castroneves.

When the series competed at Chicagoland in 2007, Franchitti, who drove for Michael Andretti's team at the time, entered the season-ending race with just a three-point lead over Dixon. The two drivers battled all the way to the final lap, with Franchitti taking the checkered flag and the series title.

Dixon held the lead on the last lap, but Franchitti passed Dixon, who suddenly slowed when he ran out of fuel. He coasted home second.

Chicagoland had hosted the series' season-finale from 2006-08. The season now ends in Homestead.

Twenty-nine teams are on the preliminary entry list for the Peak Antifreeze and Motor Oil Indy 300.

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FOOTBALL BETTING : Cassel Signs Contract

Kansas City, MO - Kansas City has not officially named Matt Cassel its starting quarterback, but there can be no doubt now.

NFL Betting
After praising his leadership and work ethic through spring workouts, the Chiefs announced Tuesday they had signed the 27-year-old Cassel to a multiyear contract. Terms were not disclosed, but he will almost certainly be one of the highest-paid members of the team.
"We are excited to be able to reach a long-term agreement for Matt Cassel to be a Kansas City Chief for many years to come," owner and board chairman Clark Hunt said in a statement. "His proven leadership on and off the field will be a tremendous asset to the organization."
Patriots made him their franchise player, meaning his salary for this season will be about $15 million.
New head coach Todd Haley, taking over for Herm Edwards after a 2-14 season, refused to name a starter at any position during offseason workouts. But it was obvious to everyone the team belonged to Cassel.
"I go out there each and every day with that focus that I'm the starter," Cassel said during a June minicamp. "Competition brings out the best in everybody."
The signing will come as welcome news to Cassel's new coaches and teammates. Amiable and hardworking, online football betting he appeared to win over everyone at minicamp.
"I think he's got some unique leadership qualities. I think his teammates like him and have respect for him. I think he's doing a pretty good job on the field, too," Haley said last month. "He's doing everything that I'm asking him, that our coaches are asking him to do. I don't have one single complaint how he's carrying himself."
After one workout, wide receiver Devard Darling declared Cassel "a breath of fresh air."
"He has a lot of swagger, a lot of confidence. It's good for us," said Darling. "We trust in him that he's going to go out there and lead us all the way."
nse to accommodate his specific abilities.
Trapped on the bench behind Heisman winners Carson Palmer and Matt Leinart at USC and then unable to unseat Super Bowl MVP Brady at New England, Cassel seemed destined to be a backup all his life. As Brady was helped off the field last September, Cassel seized the opportunity he'd been waiting for since high school.
In his only sustained action since his teens, he hit 349 of 555 passes for 3,949 yards at New England. He had 23 touchdown passes and 13 interceptions as the Patriots, who had gone unbeaten through the regular season the year before, finished 11-5 and out of the playoffs.
Chiefs general manager Scott Pioli, who had been Bill Belichick's assistant in New England, engineered the trade after the Patriots became convinced that Brady would recover fully from his knee operation.
"Since Matt arrived in Kansas City, he has embraced the team and the community," Pioli said. "His work ethic, his ability and competitive presence is what we expect from our players."

NFL Betting Lines

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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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