Lindell re-ups with Bills
Football Betting Lines
02/07/2012 - Orchard Park, NY (Sportsbook Betting Lines) - The Buffalo Bills re-signed kicker Rian Lindell to a multi-year contract extension on Tuesday.
Lindell's 2011 season was cut short by a shoulder injury suffered against the New York Jets in Week 9. He converted 13-of-15 field goal tries and was a perfect 25-for-25 on extra points in eight games, but was hurt making a tackle.
Prior to landing on injured reserve, the 35-year-old had never missed a game since joining the Bills in 2003.
Lindell has made 262 of his 324 (80.9 percent) career field goal attempts.
Philadelphia, PA (Sportsbook Betting Lines) - Those not convinced that the Nashville Predators are in it to win long term need to look no further than the massive contract that general manager David Poile dished out to goaltender Pekka Rinne back in Nove
<< Southern Illinois gets new opponent
Carbondale, IL (Sportsbook Betting Lines) - The Southern Illinois University football
team will play at Miami University on Sept. 8 in the first meeting between the
programs.
The game replaces canceled meetings for both schools against Missouri, which
<< Sevilla names Michel new coach
Seville, Spain (Sportsbook Betting Lines) - Sevilla named former Real Madrid and Spain
midfielder Michel its new manager Tuesday, one day after Marcelino was fired.
Michel, 48, spent almost his entire club career with Real Madrid, playing for
the S
<< Santana to replace Luxemburgo at Flamengo
Rio de Janeiro, Brazil (Sportsbook Betting Lines) - Flamengo announced Tuesday that it
has hired Joel Santana to replace Vanderlei Luxemburgo, who was relieved of
his managerial duties last week due to a reportedly rocky relationship with
star pl
<< Bears bring in Jeremy Bates to work with QBs
Lake Forest, IL (Sportsbook Betting Lines) - The Chicago Bears on Tuesday reached an
agreement with Jeremy Bates to become the team's quarterbacks coach.
Bates is familiar with Chicago starter Jay Cutler, having worked with him for
three seasons
New York, NY (Sportsbook Betting Lines) - New York Knicks forward Carmelo Anthony will likely be sidelined for at least a week because of the strained right groin he sustained during Monday's game against Utah. Anthony was hurt during the first quar
Oilers' Nugent-Hopkins out with sprained shoulder >>
Detroit, MI (Sportsbook Betting Lines) - Edmonton Oilers rookie forward Ryan Nugent-
Hopkins will be sidelined 7-to-10 days with a sprained shoulder.
The 18-year-old recently returned to the lineup after missing a month with a
left shoulder inju
Potent Leafs determined to end playoff drought >>
Philadelphia, PA (Sportsbook Betting Lines) - What has happened to the Toronto Maple
Leafs in the post-lockout era hardly seems possible for the NHL's most
valuable franchise.
But, the Leafs, who were valued at $521 million by Forbes back in November,
Saint Francis announces signing class >>
Loretto, PA (Sportsbook Betting Lines) - Saint Francis University announced Tuesday that
eight high school players have signed national letters of intent to join its
football program.
Red Flash coach Chris Villarrial finalized the signing class after
Stoke's Huth loses appeal of red card >>
Stoke-on-Trent, England (Sportsbook Betting Lines) - Stoke City defender Robert Huth
had his red card appeal dismissed Tuesday by the English Football Association,
meaning he will serve a three-match ban.
Huth was sent off before halftime Saturday
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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