2010 World Basketball Championship update - September 5th

Basketball Betting Lines

09/05/2010 - (Sportsbook Betting Lines) -

Slovenia 87, Australia 58

Turkey vs. France, 2 p.m.

Cbssportslone Basketball Betting News

<< Rangers' Hamilton sidelined with bruised ribs
Minneapolis, MN (Sportsbook Betting Lines) - Texas Rangers outfielder and AL MVP candidate Josh Hamilton will be sidelined for an undetermined period of time with a bruised left ribcage. Hamilton made a catch in centerfield near the wall in

<< Clijsters breezes into quarterfinals in New York
Flushing Meadows, NY (Sportsbook Betting Lines) - Defending champion Kim Clijsters needed just 59 minutes to post a straight set victory over former World No. 1 Ana Ivanovic in fourth round action at the 2010 U.S. Open. Clijsters, the second

<< A-Rod in Yankees' lineup
Bronx, NY (Sportsbook Betting Lines) - Yankees third baseman Alex Rodriguez is in Sunday's lineup, batting fourth against the Toronto Blue Jays. Rodriguez, who last played on August 20 against Seattle, suffered a strained left calf that for

<< In the FCS Huddle: Major upsets don't make the other games minor
Philadelphia, PA (Sportsbook Betting Lines) - There are no ifs, ands or buts about it, when a Football Championship Subdivision team upsets a major-conference team, it deserves to be in the spotlight as much as any other team across the nation. Think

<< Wattel becomes second amateur winner in 2010 on Challenge Tour
La Wantzenau, France (Sportsbook Betting Lines) - Amateur Romain Wattel closed with a five-under 67 Sunday to collect a three-stroke win at the Allianz Europen Strasbourg-Golf de la Wantzenau. Wattel finished the event at 17-under-par 271.

Slovenia routs Australia to reach quarterfinals >>
Istanbul, Turkey (Sportsbook Betting Lines) - Jaka Lakovic scored 19 points in Slovenia's 87-58 rout of Australia to reach the quarterfinals of the 2010 FIBA World Championships. Primoz Brezec added 12 points for Slovenia, which will play

TV ratings for Notre Dame opener up 77 percent >>
NEW YORK (AP) -The start of the Brian Kelly era attracted a large television audience for Notre Dame.Saturday's preliminary rating was up 77 percent from last year's opener. NBC said Sunday that the Fighting Irish's 23-12 win over Purdue drew a 2.3

Smyth wins Senior Masters by three >>
Woburn, England (Sportsbook Betting Lines) - Ireland's Des Smyth posted a three-under 69 Sunday to win the Travis Perkins Senior Masters by three strokes. Smyth finished the event at 10-under-par 206. The victory was Smyth's third on the European Seni

Bomar, Pascoe among 7 on Giants practice squad >>
EAST RUTHERFORD, N.J. (AP) - Quarterback Rhett Bomar is back with the New York Giants.Bomar, who threw more passes than any other Giant this preseason, was among seven players signed to the team's practice squad on Sunday.The Giants say they also si

No. 5 Texas' new running game unimpressive >>
AUSTIN, Texas (AP) -Texas spent the offseason loading up a new power running game that was going to get tough yards and first downs when they need it.The Longhorns still have some work to do.By the numbers, Texas was able to grind out 197 yards on 4

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.”

To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.

It's less than a month until the NHL hockey betting season opens at MySportsbook.com and preparations are underway for another battle in the race to hoist Lord Stanley's mug in 2007.

As cup crazy fans prepare to place their bets, one online sportsbook ,MySportsbook.com, is offering hockey betting lines on the 2007/2007 Stanley Cup , who will bring it home this upcoming season.

Despite a poor showing in last season's playoffs and the loss of Steve Yzerman to retirement, the Detroit Red Wings are early favourites at this online sportsbook with wagering odds of 6-1. The Wings will look to offensive powerhouse Pavel Datsyuk and newly appointed captain Nicklas Lidstrom to lead one of the league's most prominent franchises.

Always a threat are the Ottawa Senators, with newly acquired goaltender Martin Gerber from the Stanley Cup champion ,Carolina Hurricanes. The Sens are second best in the rankings at a 7-1 bet, and odds makers at this sportsbook are optimistic that the Ottawa squad will fare better than last season's Eastern Conference semi-final upset to the Buffalo Sabres.

Also worth noting are the defending Stanley Cup champs Carolina Hurricanes, a 10-1 bet to repeat. Behind the Canes are the New Jersey Devils, Calgary Flames, Buffalo Sabres, Philadelphia Flyers, and Anaheim Mighty Ducks all sit at 12-1. In the basement are the Washington Capitals, Chicago Blackhawks, and St. Louis Blues who all have 100-1 odds to win.

To visit this online sportsbook got to MySportsbook.com for all your hockey betting needs.