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06/09/2010 - Providence, RI (Sportsbook Betting Lines) - Kentucky and Notre Dame were among the eight teams chosen to play in this year's SEC/Big East Invitational, a two-night event held December 8 and 11 in Louisville and Pittsburgh.
Joining Kentucky from the SEC will be Tennessee, Auburn and Arkansas, while Pittsburgh, Rutgers and Seton Hall round out the remaining Big East competitors.
Arkansas will play Seton Hall on December 8 at Freedom Hall in Louisville, followed by Kentucky versus Notre Dame.
On December 11 at the brand new CONSOL Energy Center in Pittsburgh, Rutgers will battle Auburn and the Panthers will take on Tennessee.
<< Hewitt lands in Halle QFs
Halle, Germany (Sportsbook Betting Lines) - Former world No. 1 Lleyton Hewitt was an
easy second-round winner Wednesday at the Gerry Weber Open, a grass-court
Wimbledon tune-up.
The two-time major champion Hewitt humbled Dutchman Thiemo De B
<< 'Turfbreaking' set for EWU's red field
Cheyney, WA (Sportsbook Betting Lines) - Tennessee Titans All-Pro tackle Michael Roos
will be in attendance for a "turfbreaking" ceremony at Eastern Washington on
Saturday, as the Big Sky Conference university moves toward installing a red
turf field.
<< ESPN hoops analyst Phelps recovering from cancer surgery
Seattle, WA (Sportsbook Betting Lines) - Former college basketball coach and ESPN
analyst Digger Phelps is recovering from successful prostate cancer surgery he
underwent on Tuesday.
The legendary coach was diagnosed on April 28 and had the
<< Rachel Alexandra versus four in Fleur de Lis
Louisville, KY (Sportsbook Betting Lines) - Rachel Alexandra, 2009 Horse of the Year,
goes after her first win of 2010 on Saturday in the $200,000 Fleur de Lis
Handicap at Churchill Downs. The 1 1/8-mile race for fillies and mares will be
the fir
NFLPA issues challenge to structure of NFL television deals >>
New York, NY (Sportsbook Betting Lines) - The National Football League Player's
Association has initiated a legal challenge to the NFL's agreement with
television networks, which allows the league to reap payments even if no games
are pla
Nadal, Djokovic win second-rounders in London >>
London, England (Sportsbook Betting Lines) - French Open champion Rafael Nadal and
second-seeded Novak Djokovic highlighted Wednesday's second-round winners at
the Aegon Championships, a grass-court Wimbledon tune-up.
Making a smooth transit
Report: Nets eyeing Johnson for coaching job >>
New York, NY (Sportsbook Betting Lines) - The New York Post is reporting that the New
Jersey Nets have entered into discussions with Avery Johnson about the team's
head coaching vacancy.
Johnson was fired after the Dallas Mavericks' ouster from
2 BCS schools could lose basketball scholarships >>
INDIANAPOLIS (AP) - The NCAA's big boys have figured out how to beat up the little guys in the classroom, too.Spend more money.The newest Academic Progress Rate, released Wednesday, showed seven of the 137 teams facing penalties come from BCS confer
MySportsbook.com is a must-have for the smart veteran sports investor who enjoys following the odds almost as much as betting them. Simply put, no one offers more betting options and offers them faster than MySportsbook. This football sportsbook is known for its ability to set the early market odds on events without having to worry about weak lines. Professional players are well aware that getting a crack at the early betting line is worth as much as, and sometimes more than, huge bonuses or reduced prices. MySportsbook's fearless, yet smart bookmaking style is what keeps everyone watching, including most other sportsbooks.
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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. “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).
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.
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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