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A Cyber Bookie

May, 29 2012


Avs host Wild in Northwest Division battle

Hockey Betting Lines

02/02/2012 - (Sportsbook Betting Lines) - A key battle in the Western Conference playoff race is on tap tonight in Denver, as the sliding Colorado Avalanche host the Minnesota Wild at the Pepsi Center.

Despite posting just four wins in their last 20 games (4-12-4), the Wild enter tonight holding onto the eighth and final postseason berth in the West with 55 points. Colorado, which has been dealt three straight regulation losses, is just one point behind the Wild in both the conference and Northwest Division standings. The Avs are also tied with Dallas for the conference's ninth seed.

The Avalanche have dropped each of their last three trips to the ice by identical 3-2 scores and the latest setback came Tuesday night in Edmonton. Taylor Hall notched the game-winner early in the third period for the Oilers, as Colorado lost its first game following the All-Star break.

Peter Mueller and Gabriel Landeskog scored for the Avalanche, while Semyon Varlamov stopped 20-of-23 shots to drop his record to 14-16-1 on the season.

"It got better as the game went on; but I guess it was too little, too late," Landeskog said of the Avs, who trailed by a 2-0 score after the first period.

Jean-Sebastien Giguere is expected to get the start in net tonight and the veteran netminder has been far superior to Varlamov this season. Giguere is 12-8-1 with a 2.15 goals-against average and .921 save percentage this year compared to Varlamov's 3.00 GAA and .898 save percentage.

Giguere is 9-11-3 with two ties in his career against Minnesota and he dropped a 3-2 decision to the visiting Wild in Colorado's final game before the break on Jan. 24.

The Wild have taken two of three from Colorado this year and have won five of six overall in the series. Minnesota has also claimed three straight and six of its last seven in the Mile High City.

Tonight marks the start of a four-game homestand for the Avs, who are 14-12-0 as the host this year. Minnesota is beginning a three-game road trip this evening and is 11-12-4 as the guest.

Minnesota scored the first three goals Tuesday against visiting Nashville, but still wound up losing a 5-4 regulation decision. The Wild also held a 4-1 lead early in the third period, but the Predators scored four unanswered and Mike Fisher won it for Nashville with just 21 seconds left in regulation.

With 20.8 seconds left in regulation, Fisher grabbed an errant pass near the boards by the right circle and flicked a shot towards the net that slipped through Josh Harding's pads for the game-winner.

"It was an awful goal, probably one of the worst I've given up in my life," said Harding. "No excuses. That one's on me."

Harding stopped 25-of-30 shots in the loss, while Dany Heatley led the offense with two goals and an assist. Cal Clutterbuck and Kyle Brodziak also netted goals for Minnesota.

On the injury front, star forward Matt Duchene (knee) is out indefinitely for Colorado. Minnesota captain Mikko Koivu is still sidelined with a separated shoulder, but is nearing a return, as is fellow forward Guillaume Latendresse, who has been out with a concussion since Dec. 14. Koivu has missed the last five games after injuring his left shoulder in St. Louis on Jan. 14.


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Blackhawks try to stop slide in Edmonton >>
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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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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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