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A Cyber Bookie

February, 05 2012


Montanes eases into second round at Brasil Open

Tennis Betting Lines

02/08/2010 - Costa do Sauipe, Brazil (Sportsbook Betting Lines) - Second-seeded Albert Montanes was a first-round winner at the $500,000 Brasil Open on Monday.

The Spaniard needed just under 1 1/2 hours to dispose of German Simon Greul 6-2, 7-6 (7-2) on the red clay at Costa do Sauipe-Salvador.

In other opening-round action on Day 1, Daniel Gimeno-Traver handled fellow Spaniard Santiago Ventura 7-6 (9-7), 6-1 and Ricardo Mello of Brazil defeated Italy's Paolo Lorenzi 6-2, 7-5.

This week's top seed is former world No. 1 and former French Open champion Juan Carlos Ferrero of Spain. The field also features last week's surprise Santiago champion Thomaz Bellucci of Brazil.

The 2010 Brasil Open titlist will pocket $75,700.


<< Devils D Salmela leaves game on stretcher
Philadelphia, PA (Sportsbook Betting Lines) - New Jersey Devils defenseman Anssi Salmela left Monday's game against Philadelphia on a stretcher early in the second period. Salmela, who rejoined the Devils from the Thrashers in the Ilya Kovalchuk d

<< Saints' Super Bowl victory most watched event in TV history
New Orleans, LA (Sportsbook Betting Lines) - Approximately 106.5 million people tuned in to watch Drew Brees and the New Orleans Saints win Super Bowl XLIV over the Indianapolis Colts, making it the most watched event in television history. The ga

<< Raiders name Pendergast assistant coach
Alameda, CA (Sportsbook Betting Lines) - The Oakland Raiders hired Clancy Pendergast as an assistant coach on Monday. Pendergast's role was not made clear in the team's release on the hiring. Pendergast was fired as the defensive coordinator in

<< Wizards/Hawks rescheduled for March 11
Washington, DC (Sportsbook Betting Lines) - The Washington Wizards home game against the Atlanta Hawks, postponed Saturday to a blizzard in the nation's capital, has been rescheduled for March 11 at the Verizon Center. Both teams were unable to

<< Browns release Stallworth
Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns have officially parted ways with troubled wide receiver Donte' Stallworth, terminating his contract Monday less than 24 hours after his season-long suspension was lifted. NFL Commiss

Cardinals avoid arbitration with Schumaker >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Cardinals avoided salary arbitration with Skip Schumaker, agreeing to terms with the second baseman on a two-year contract. The 30-year-old Schumaker became the first Cardinal since

Danica, have at it and have a good time >>
Philadelphia, PA (Sportsbook Betting Lines) - NASCAR officials originally set the theme for this year's Speedweeks at Daytona International Speedway last month when they told Sprint Cup Series drivers, "boys, have at it and have a good time." Officials s

Butler at the top of the Horizon again >>
Indianapolis, IN (Sportsbook Betting Lines) - Matt Howard went 12-of-14 from the free throw line in a 20-point effort, and 18th-ranked Butler used a big second half to down Loyola-Chicago, 62-47, and clinch a share of the Horizon League title. Will

Reynolds leads Villanova past West Virginia in Big East showdown >>
Morgantown, WV (Sportsbook Betting Lines) - Scottie Reynolds scored 19 of his 21 points in the second half, as No. 4 Villanova handed fifth-ranked West Virginia an 82-75 defeat in a Big East showdown at WVU Coliseum. The Wildcats (21-2, 10-1 Bi

Cliff Lee undergoes foot surgery >>
Seattle, WA (Sportsbook Betting Lines) - Seattle Mariners lefty Cliff Lee underwent surgery last Friday to remove a bone spur in his left foot. Lee, who was acquired from Philadelphia in December, is not expected to be ready for workouts wh

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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