2010 World Basketball Championship update - September 4th

Basketball Betting Lines

09/04/2010 - (Sportsbook Betting Lines) -

Serbia vs. Croatia, 11 a.m. (et)

Spain vs. Greece, 2 p.m. (et)

Wbritannica Basketball Betting News

<< Mets turn to rookie in hopes of besting Cubs
(Sportsbook Betting Lines) - Jenrry Mejia makes his first major league start this afternoon, when the New York Mets continue their three-game series with the Chicago Cubs at Wrigley Field. The 20-year-old right-hander made the Mets with a terrific spr

<< Red Sox, White Sox to begin set with double dip
(Sportsbook Betting Lines) -- After mother nature delayed the opening of this important weekend set, the Boston Red Sox and Chicago White Sox will renew acquaintances with a day-night doubleheader that begins this afternoon from Fenway Park. The arriv

<< Scorching Yanks seek eight straight win in test with Jays
(Sportsbook Betting Lines) -- The New York Yankees have solved just about all their problems during a seven-game winning streak that matches the team's longest of the season. The defending world champions will now turn their attention towards getting Jav

<< Georgia holds A.J. Green out of opener
ATHENS, Ga. (AP) -Georgia star receiver A.J. Green is being held out of the Bulldogs' opening game against Louisiana-Lafayette.Georgia spokesman Claude Felton says Green will miss Saturday's game for the No. 23 Bulldogs pending a ruling from the NCA

<< Sisk keeps lead at Mylan Classic
Canonsburg, PA (Sportsbook Betting Lines) - Geoffrey Sisk remained atop the leaderboard Saturday when the second round of the rain-delayed Mylan Classic was completed. Sisk played the final three holes of his round and finished off a four

Twins, Rangers continue high-stakes series of division leaders >>
(Sportsbook Betting Lines) -- Target Field has been able to provide the Minnesota Twins with a distinct advantage in its first year of existence, something the current American League Central leaders would like to have during the first round of the playo

Marquee mound matchup on tap in Angels-A's tilt >>
(Sportsbook Betting Lines) -- This afternoon's showdown between the Los Angeles Angels of Anaheim and Oakland Athletics may have little effect on the American League playoff race, but fans attending the Coliseum today should be treated to a top-notch pit

Cards seek to gain further ground on first-place Reds >>
(Sportsbook Betting Lines) - Adam Wainwright tries once again to become the National League's first 18-game winner when the St. Louis Cardinals continue their three-game series against the Cincinnati Reds today at Busch Stadium. Like his team, Wainwri

Rockies try to pin ninth straight loss on reeling Padres >>
(Sportsbook Betting Lines) - The San Diego Padres try to avoid a ninth straight loss this afternoon, when they play the middle test of their three-game series with the Colorado Rockies at Petco Park. San Diego's slide continued in the opener of this s

Braves try to bounce back in key series with Marlins >>
(Sportsbook Betting Lines) - Josh Johnson hopes for a better result than the last time he faced Atlanta when he and the Florida Marlins continue their three-game set with the Braves tonight at Sun Life Stadium. Johnson surrendered just three hits and

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.

NFL Football Betting : Odds on NFL Division to Win the Super Bowl

NFL Super Bowl Betting

The AFC South and the NFC East are the favorite divisions to have the next Super Bowl champ among them in the NFL betting odds. But more down to the point, these football odds are in favor of the Indianapolis Colts, by far the strongest team in the AFC South, and the Dallas Cowboys of the NFC East.

Most sports fans would agree that these two teams top the list to win it all before the season even begins. In the BetUS Sportsbook football futures, the Colts are +800 in the odds to win the Super Bowl, while the Cowboys are sitting at +1000 and the Super Bowl XLIV champions New Orleans Saints at +900. In the AFC South, the Colts won the division for five straight years after the 2002 realignment, before the Tennessee Titans won it in 2008. But the Colts came back strong in 2009 to win the division again en route to the Super Bowl. The Cowboys are the favorite to win the NFC East, as well as to advance far into the post season. The Cowboys won the division last season before their horrendous loss in the NFC Divisional playoff to Brett Favre and the Minnesota Vikings. But the ‘Boys will take that loss humbly and be ready for the playoffs this time around.

The NFC South is also very strong, at +600 in the NFL futures, considering that it is home to the defending Super Bowl champions. However, some predictions have the Atlanta Falcons with possibilities of claiming the divisional title this season in place of the Saints, as no team has won back-to-back division championships since the division realignment took place. Let’s not overlook the AFC North at +500. As TO goes to Cincinnati to join Chad OchoCinco and Adam “Pac-Man” Jones, this team looks to claim the division title again. And it is likely they will do so. The Bengals lost in the AFC Wild Card spot in a hard-fought battle against the New York Jets last season. Lest not forget the Pittsburgh Steelers, the XLII Super Bowl Champions… All these teams present interesting odds and matchups for the upcoming season, but the safest and surest bet seems to be with the Colts in the AFC South and the Cowboys in the NFC East. Play this weekly NFL Football Contestto see if you can win.

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