Basketball Betting








 

Basketball Betting


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NBA Basketball Betting

Bogut, Bucks dominate Knicks

Basketball Betting Lines

02/22/2010 - New York, NY (Sportsbook Betting Lines) - Andrew Bogut scored 24 points, grabbed 20 rebounds and blocked five shots, guiding the Bucks to an 83-67 victory over the Knicks at Madison Square Garden.

New York shot 33.8 percent from the floor and scored a grand total of 26 points over the final 24 minutes en route to its lowest scoring output of the season and seventh straight loss.

John Salmons chipped in 15 points, while Luc Mbah a Moute added 11 points and 11 rebounds for Milwaukee, which has won three straight and nine of 12 overall. Ersan Ilyasova and Carlos Delfino each scored 10 in the win.

Tracy McGrady, in his second game in a Knicks uniform, scored a team-high 15 points but was noticeably limping in the fourth quarter and didn't play over the final 3 1/2 minutes. David Lee recorded 12 points and 13 rebounds in defeat.


<< Monroe hits clutch FTs as Florida State edges Virginia
Charlottesville, VA (Sportsbook Betting Lines) - Jacinta Monroe's two free throws with 5.9 seconds to play helped ninth-ranked Florida State take out No. 21 Virginia, 59-58. Courtney Ward had a game-high 29 points and five rebounds with 10 turnovers

<< Blatche, Thornton help Wizards beat Bulls
Washington, DC (Sportsbook Betting Lines) - Andray Blatche poured in 25 points and pulled down 11 rebounds, as the Washington Wizards fended off the Chicago Bulls, 101-95, at the Verizon Center. Al Thornton added 17 points and seven reboun

<< UConn corrals another Big East ranked team
Hartford, CT (Sportsbook Betting Lines) - Kemba Walker scored 21 points and Stanley Robinson chipped in 15 points and 13 rebounds, as Connecticut picked up a much-needed 73-62 victory over No. 8 West Virginia in another Big East showdow

<< Lady Vols clinch share of SEC title with win over LSU
Knoxville, TN (Sportsbook Betting Lines) - Alyssia Brewer scored 18 points and grabbed six rebounds to help fourth-ranked Tennessee beat No. 20 LSU, 70-61, and earn at least a share of the SEC regular-season title. Kelley Cain had a rare double-dou

<< Wizards' Josh Howard leaves game with knee injury
Washington, DC (Sportsbook Betting Lines) - Washington Wizards forward Josh Howard left Monday's game against the Chicago Bulls late in the first quarter after injuring his left knee. With 4:24 remaining in the initial period, Howard received a lon

Gabashvili ousts Haas in Delray Beach opener >>
Delray Beach, FL (Sportsbook Betting Lines) - Top seed Tommy Haas of Germany was upset by Russian Teimuraz Gabashvili in the first round at the $500,000 Delray Beach International Tennis Championships. Gabashvili posted a 7-6 (7-3), 7-5 victory Mon

UCLA's Nelson has surgery to repair retinal tear >>
Los Angeles, CA (Sportsbook Betting Lines) - UCLA freshman forward Reeves Nelson had laser surgery on his left eye Monday to repair a slight tear in his retina. Nelson, who is averaging 11.0 points and 5.5 rebounds in 26 games (12 starts), will be

Nowitzki paces Mavs over Indiana >>
Dallas, TX (Sportsbook Betting Lines) - Dirk Nowitzki scored 23 points and pulled down seven rebounds, as the Dallas Mavericks led wire-to-wire in a 91-82 victory over the Indiana Pacers at American Airlines Center. Jason Terry added 14 points of

Henry and Kansas glide past Oklahoma >>
Lawrence, KS (Sportsbook Betting Lines) - Xavier Henry was perfect from the field in the first half and finished with 23 points, as top-ranked Kansas beat Oklahoma, 81-68, at Allen Fieldhouse for the Jayhawks' 58th straight home victory. Sherron C

Hawks snap long skid in Salt Lake with win over depleted Jazz >>
Salt Lake City, UT (Sportsbook Betting Lines) - Joe Johnson poured in 28 points, grabbed six rebounds, and dished out six assists, as the Atlanta Hawks took a 105-100 decision over the Utah Jazz to record their first victory in Salt Lake City in 17 year

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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