11/15/2008 - Homestead, FL (Sportsbook Betting Lines) - Carl Edwards won Saturday's Ford 300 at the Homestead Miami Speedway, but came up 21 points short of defending his Nationwide Series championship as Clint Bowyer clinched his first title in one of NASCAR's three national touring series with a fifth-place finish.
Edwards held off Kyle Busch in a four-lap shootout to the finish to capture his seventh Nationwide victory of the season and the 20th of his career.
Busch finished second. Brad Keselowski came in third, and Jason Leffler was fourth.
More details to follow.
<< Terps topple Tar Heels on late field goal
College Park, MD (Sportsbook Betting Lines) - Obi Egekeze booted the game-winning field
goal with 1:42 to play and the Maryland Terrapins downed the 17th-ranked North
Carolina Tar Heels, 17-15, at Byrd Stadium.
Maryland was trailing by a point when t
<< Ducks D Beauchemin out six months
Anaheim, CA (Sportsbook Betting Lines) - Anaheim Ducks defenseman Francois Beauchemin
will be out the next six months due to a torn anterior cruciate ligament in
his left knee.
Beauchemin suffered the injury during the third period of Fri
<< Harvin, Gators rout Spurrier and the Gamecocks
Gainesville, FL (Sportsbook Betting Lines) - Percy Harvin rushed for 167 yards and two
touchdowns on a mere eight carries, as No. 3 Florida further solidified itself
as a national title contender with a 56-6 thumping of Steve Spurrier's 24th-
ranked
<< The Penn isn't mightier; UNC wins
Chapel Hill, NC (Sportsbook Betting Lines) - Deon Thompson scored 17 points and grabbed
seven rebounds, and top-ranked North Carolina survived Penn 86-71 in the
season-opener for the wounded Tar Heels.
Tyler Zeller scored 18 points, and Way
Hall, Unga lead BYU past Air Force >>
Colorado Springs, CO (Sportsbook Betting Lines) - Max Hall threw a pair of touchdowns to
Austin Collie, and Harvey Unga added two scores on the ground, as 16th-ranked
BYU defeated Air Force, 38-24.
Hall completed 28-of-37 passes for 354 yards and
Burris leads Calgary to Grey Cup berth >>
Calgary, AB (Sportsbook Betting Lines) - Henry Burris threw for 236 yards and a
touchdown, and rushed for 32 yards and the go-ahead touchdown as the Calgary
Stampeders held off the B.C. Lions 22-18 to win the West Division final and
advance
Bruins D Ference out 6-to-8 weeks >>
New York, NY (Sportsbook Betting Lines) - Boston Bruins defenseman Andrew Ference will
miss the next 6-to-8 weeks after suffering a broken tibia in the team's
6-1 victory over the Montreal Canadiens Thursday night.
Ference was injured after b
Still unbeaten: Boise State bombards Idaho >>
Moscow, ID (Sportsbook Betting Lines) - Jeremy Avery rushed for a career-high 156 yards
and a pair of touchdowns on 11 carries, as the ninth-ranked Boise State
Broncos routed the Idaho Vandals, 45-10, to keep their BCS hopes alive.
Kellen Moo
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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