Giants TE Ballard tore ACL in Super Bowl
Football Betting Lines
02/07/2012 - East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants tight end Jake Ballard suffered a torn knee ligament in the Super Bowl, the team said Tuesday.
Ballard tore the anterior cruciate ligament in his left knee during the fourth quarter of Sunday's win over the Patriots.
Fellow tight end Travis Beckum went down with a torn ACL in his right knee in the second quarter.
Replays on TV showed Ballard trying to run and cut on the sideline, perhaps hoping to get back in the game, then collapsing and grabbing his knee. He had 38 catches for 604 yards and four touchdowns this past season.
Cleveland, OH (Sportsbook Betting Lines) - Los Angeles Clippers guard Chauncey Billups will miss the rest of the season after tearing his left Achilles tendon. The injury occurred with 5:48 left in the fourth quarter of an overtime win against
<< A's extend Beane, Crowley through 2019
(Sportsbook Betting Lines) - Oakland Athletics owner Lew Wolff says general manager
Billy Beane and president Michael Crowley have reached agreements to remain
with the team through the 2019 season.
Wolff told Bloomberg Television on Tuesday
<< Billups done for season with torn ACL
Cleveland, OH (Sportsbook Betting Lines) - Los Angeles Clippers guard Chauncey Billups
will miss the rest of the season after tearing his anterior cruciate ligament
in his left knee on Monday.
The injury occurred with 5:48 left in the fourth qua
<< Saints officially hire Spagnuolo
Metairie, LA (Sportsbook Betting Lines) - The New Orleans Saints officially hired
Steve Spagnuolo as their new defensive coordinator on Tuesday.
Spagnuolo spent the last three seasons as head coach in St. Louis, but was
fired on January 2
<< Gijon turns to Tejada for rest of season
Gijon, Spain (Sportsbook Betting Lines) - Sporting Gijon named Inaki Tejada its manager
for the remainder of the season Tuesday, days after he guided the struggling
side in a 1-1 draw against Osasuna.
Gijon fired former coach Manuel Preciado last
Memphis, TN (Sportsbook Betting Lines) - The ongoing game of musical chairs in college athletics has its newest player. Memphis is expected to join the Big East in all sports for the 2013-14 season, completing the conference's goal of having 12 foot
Kentucky cruises past Florida >>
Lexington, KY (Sportsbook Betting Lines) - Anthony Davis had 16 points, six rebounds and
four blocks, as No. 1 Kentucky cruised to a 78-58 win over No. 8 Florida on
Tuesday.
Doron Lamb scored a team-high 18 while Michael Kidd-Gilchrist finished wit
Ovechkin nets two, as Caps blank Panthers >>
Washington, DC (Sportsbook Betting Lines) - Alex Ovechkin got his first post-suspension
points, scoring two goals Tuesday night to lead the Washington Capitals over
the Florida Panthers, 4-0.
Washington moved one point ahead of Florida for first
Blue Jackets get Wild >>
Columbus, OH (Sportsbook Betting Lines) - Antoine Vermette scored the eventual game-
winning goal in the second period as the Columbus Blue Jackets topped the
Minnesota Wild, 3-1, at Nationwide Arena.
David Savard had a goal and an assist
Pacers hang on to beat Jazz >>
Indianapolis, IN (Sportsbook Betting Lines) - Darren Collison scored a season-high 25
points and added four rebounds as the Indiana Pacers held off the Utah Jazz,
104-99, at Bankers Life Fieldhouse on Tuesday night.
Utah erased a 21-point third
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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