Baltimore LB Suggs honored as top defensive player
Football Betting Lines
02/04/2012 -
Indianapolis, IN (Sportsbook Betting Lines) - Baltimore outside linebacker Terrell Suggs
was named the NFL's Defensive Player of the Year Saturday, as voted by the
Associated Press.
Suggs had 14 sacks among his 70 tackles to help lead the Ravens to a 12-4
record and the AFC North title. He picked up 21 votes, while Minnesota
defensive end Jared Allen, who led the league with 22 sacks, got 14 votes.
This is the fourth time since 2000 that a Ravens player has been honored as
the league's top defensive player. Linebacker Ray Lewis won the award in 2000
and 2003, and safety Ed Reed garnered the honor the following year.
For the 2011 season, Suggs also had a pair of interceptions and seven forced
fumbles.
<< 49ers' Jim Harbaugh wins coaching honor
Indianapolis, IN (Sportsbook Betting Lines) - San Francisco 49ers coach Jim Harbaugh has
won the NFL Coach of the Year, in voting conducted by the Associated Press.
Harbaugh, who wrapped up his first season as a head coach with a 13-3 regular
season
<< I'll Have Another surprises to win Robert B. Lewis Stakes
Arcadia, CA (Sportsbook Betting Lines) - I'll Have Another, the longest shot in the
field, pulled an upset in Saturday's $200,000 Robert B. Lewis Stakes at Santa
Anita Park. The 1 1/16-mile stakes is a stepping stone to the $750,000 Santa
Anita D
<< Nager elected USGA president
Houston, TX (Sportsbook Betting Lines) - The United States Golf Association announced
on Saturday that Glen D. Nager has been elected the 62nd president of the
organization.
"It is a privilege to serve the game of golf," said Nager. "I look f
<< Northern Iowa knocks off No. 13 Creighton
Cedar Rapids, IA (Sportsbook Betting Lines) - After Antoine Young's three-pointer from
the top of the arc tied the game at 62 with five seconds remaining, Anthony
James raced up the floor and buried a step-back three-pointer at the buzzer,
lifting
<< Battle Hardened gains victory at Tampa Bay
Oldsmar, FL (Sportsbook Betting Lines) - Lightly raced Battle Hardened came from off the
pace to capture Saturday's $250,000 Sam F. Davis Stakes at Tampa Bay Downs.
The 1 1/16-mile race is the final local prep for the Tampa Bay Derby on March
10.
Packers QB Rodgers voted NFL MVP >>
Indianapolis, IN (Sportsbook Betting Lines) - Green Bay quarterback Aaron Rodgers was
named the NFL's Most Valuable Player Saturday, as voted by the Associated
Press.
Rodgers won the award in a landslide as he received 48 of the 50 possib
Miller, Newton garner rookie awards >>
Indianapolis, IN (Sportsbook Betting Lines) - Denver linebacker Von Miller and Carolina
quarterback Cam Newton were named the defensive and offensive Rookies of the
Year, respectively, for the 2011 season.
The voting, as conducted by the Associated
Ravens center Matt Birk named Walter Payton NFL Man of the Year >>
Indianapolis, IN (Sportsbook Betting Lines) - Baltimore Ravens center Matt Birk was
honored as the 2011 NFL Man of the Year on Saturday. The award recognizes a
player's off-the-field community service as well as his playing excellence.
"I am
Detroit QB Stafford named Comeback Player of the Year >>
Indianapolis, IN (Sportsbook Betting Lines) - Detroit quarterback Matthew Stafford was
named the NFL's Comeback Player of the Year Saturday, as voted by the
Associated Press.
Stafford, who threw for a career-high 5,038 yards and 41 touchdow
Pistons rookie Knight breaks nose >>
Auburn Hills, MI (Sportsbook Betting Lines) - Detroit Pistons rookie guard Brandon
Knight left Saturday night's contest with the New Orleans Hornets after
breaking his nose.
Knight appeared to suffer the injury after catching an elbow
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.”
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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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