Pirates slip past Phillies
Baseball Betting Lines
07/01/2010 - Pittsburgh, PA (Sportsbook Betting Lines) - Daniel McCutchen got his first win of the season and Jose Tabata chased home the eventual go-ahead run in the fourth, as Pittsburgh captured a 3-2 win against the Phillies to open a four-game series at PNC Park.
Pedro Alvarez and Bobby Crosby also drove in runs for the Pirates, who just took two of three from the Cubs on the heels of a six-game slide.
McCutchen (1-3) lasted 5 1/3 innings and gave up two runs -- one earned -- on six hits with four strikeouts against zero walks. Octavio Dotel stranded the tying run at third in the ninth to pick up his 17th save.
Cole Hamels (6-7) suffered his fifth loss in the last six decisions despite going seven innings and holding the opposition to three runs on five hits with eight strikeouts.
Wilson Valdez lifted his fourth homer of the year for Philadelphia, which most recently dropped two of three in Cincinnati.
The loss wasn't the only blow to the team, as it learned earlier in the day second baseman Chase Utley will miss the next eight weeks after having surgery to repair a torn ligament in his right thumb.
Washington, DC (Sportsbook Betting Lines) - Ryan Zimmerman's sacrifice fly in the ninth inning sent the Washington Nationals to a 2-1 victory over the New York Mets to begin a four-game series at Nationals Park. Pedro Feliciano (2-4) came in to
<< LeBron meets with Nets, Knicks
Cleveland, OH (Sportsbook Betting Lines) - The New Jersey Nets and New York Knicks were
the first two teams to attempt to woo LeBron James to join them for the next
stage of his superstar career.
Both teams met with James in Cleveland on Thursda
<< New England aims to reverse fortunes at RSL
Sandy, UT (Sportsbook Betting Lines) - Friday night's Major League Soccer fixture
between Real Salt Lake and the New England Revolution will be a battle between
teams heading in opposite directions.
RSL is coming off three consecutive clean
<< Nominees for 2011 NASCAR HoF class revealed
Charlotte, NC (Sportsbook Betting Lines) - NASCAR on Thursday announced its 25 nominees
for the 2011 NASCAR Hall of Fame induction class.
Jerry Cook, Jack Ingram, Dale Inman, Fred Lorenzen and T. Wayne Robertson were
new names added to the nominee
<< Wild sign C Cullen
St. Paul, MN (Sportsbook Betting Lines) - The Minnesota Wild have signed forwards
Matt Cullen and Eric Nystrom to a pair of three-year contracts.
Cullen collected 16 goals and 32 assists over 81 games with Carolina and
Ottawa last season.
Baltimore, MD (Sportsbook Betting Lines) - Ryan Sweeney went 4-for-5 with two RBI and two runs scored as Oakland took an 8-1 win over Baltimore in the rubber match at Camden Yards. Jack Cust had two hits, scored twice and drove in two while Clif
Roughriders down Alouettes in wild OT in Grey Cup rematch >>
Regina, SK (Sportsbook Betting Lines) - Darian Durant threw for five touchdowns,
including the game-winning TD pass to Weston Dressler in the second overtime,
as the Saskatchewan Roughriders rallied past the Montreal Alouettes, 54-51, in
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Legendary Chargers head coach Coryell passes away >>
San Diego, CA (Sportsbook Betting Lines) - Former San Diego Chargers head coach Don
Coryell passed away Thursday at the age of 85.
He passed away at Grossmont Hospital in La Mesa near San Diego. The cause of
death was not released, but his heal
Gillespie leads ATB Financial Classic >>
Edmonton, AB (Sportsbook Betting Lines) - Derek Gillespie shot a six-under 65 on
Thursday to take a one-stroke lead after the first round of the ATB Financial
Classic.
A two-time Canadian Tour winner, Gillespie carded two eagles during an up-
Wolf stymies Cardinals, Brewers homer three times >>
St. Louis, MO (Sportsbook Betting Lines) - Randy Wolf allowed just one run in 6 1/3
solid innings, and the Milwaukee Brewers used a trio of home runs to down the
St. Louis Cardinals, 4-1, in the opener of a four-game set at Busch Stadium.
Wolf
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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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