Burke, Fielding and Brennan honored by harness writers
Horseracing Betting Lines
12/21/2011 -
Harrisburg, PA (Sportsbook Betting Lines) - Trainer Ron Burke, owner John Fielding and
driver George Brennan have been recognized by the U.S. Harness Writers
Association (USHWA) as 2011 champion trainer, owner and driver, respectively.
The trio will be honored at the Dan Patch Awards ceremony on Sunday, February
12 in Orlando.
Burke has earned $18,445,083 this year with 790 wins from 3,756 starts.
Foiled Again earned more than $1.4 million this year under Burke's watch while
winning half of his 28 starts.
Fielding sent out Breeders Crown winners Cedar Dove in the three-year-old
filly trot and Uncle Peter in the two-year-old colt trot. His three-year-old
filly pacer See You At Peelers won nine of 12 starts in 2011 for $916,611.
Brennan was voted Driver of the Year by the USHWA for the second straight
year. He is the first driver to garner the award alone in consecutive seasons.
Based primarily at Yonkers Raceway, Brennan drove Broad Bahn to victory in the
Hambletonian and Bold And Fresh in the Hambletonian Oaks. He has won 754 races
in 2,725 starts for better than $14.5 million.
Dan Noble is the 2011 recipient of the Rising Star Award. Noble has banked
$2.3 million from 2,711 for a leading 755 victories.
<< Choi tabbed as new South Korea coach
Seoul, South Korea (Sportsbook Betting Lines) - South Korea named Choi Kang-hee as its
new coach on Wednesday despite the fact that Choi initially turned down the
offer.
Choi replaces Cho Kwang-rae, who was sacked earlier this month following a 2
<< Jonsson set for Wolves switch
Wolverhampton, England (Sportsbook Betting Lines) - Wolverhampton confirmed on Wednesday
that the club has agreed to sign Eggert Jonsson of Hearts once the January
transfer window opens.
Jonsson can play in defense or in the midfield and he will m
<< Ravens sign K Graham
Owings Mills, MD (Sportsbook Betting Lines) - The Baltimore Ravens have signed veteran
kicker Shayne Graham.
The Ravens announced the move Wednesday, also placing rookie linebacker Chavis
Williams on IR with an injured foot to make room for Gra
<< Spain ends 2011 on top of FIFA Rankings
Zurich, Switzerland (Sportsbook Betting Lines) - In the final edition of the FIFA/Coca-
Cola Men's World Rankings for 2011, Spain has once again finished as the top
team.
The defending European and World Cup champions finish the year with
<< Western Illinois to visit Iowa State, host six in 2012
Macomb, IL (Sportsbook Betting Lines) - Western Illinois will play six home games and
visit Iowa State as part of a 2012 schedule announced by the Missouri Valley
Football Conference school on Wednesday.
Western Illinois' season opener at Hanson Field
Mainz loses Svensson to knee injury >>
Mainz, Germany (Sportsbook Betting Lines) - Mainz defender Bo Svensson could be facing
months on the sidelines after sustaining a knee injury in his club's 1-0
defeat to Monchengladbach over the weekend.
Svensson suffered the injury following
Rocco sets coaching staff at Richmond >>
University Richmond, VA (Sportsbook Betting Lines) - New Richmond head football coach
Danny Rocco has assembled a 2012 coaching staff that includes five current
Spiders' assistant coaches and four of his former assistants at Liberty.
Included is Wayne
Vitesse set to add Havenaar >>
Arnhem, Netherlands (Sportsbook Betting Lines) - Vitesse confirmed on Wednesday that the
club has reached an agreement to sign striker Mike Havenaar from Japanese side
Ventforet Kofu in January.
The 24-year-old will join Vitesse on January 3 after s
Herd signs new Villa contract >>
Birmingham, England (Sportsbook Betting Lines) - Aston Villa announced on Wednesday that
the club has signed midfielder Chris Herd to a new four-year contract.
Herd had 18 months remaining on his current deal but the Australia Under-20
internationa
MVP Rose signs 5-year extension with Bulls >>
Chicago, IL (Sportsbook Betting Lines) - Derrick Rose, the reigning NBA Most Valuable
Player and franchise cornerstone, has signed a five-year contract extension
with the Chicago Bulls.
The Bulls announced the maximum-dollar deal worth arou
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.
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.
MySportsbook features easy-to-use online betting software that’s the most reliable in the industry. If you’re looking to bet underdogs, then this Sportsbook is the place - we have the best betting lines in the business. MySportsbook is your one-stop shop for all your betting needs - sports betting, poker, casino, and horse racing . MySportsbook offers every bet type with lightning fast settlement of wagers. Take advantage of free statistical analysis - including against-the-spread and straight-up trends - in MySportsbook’s game previews section. With MySportsbook there are unlimited free deposits and payouts - and no transaction fees!
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
|