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Don’t Be a Square: 10 Tips for Betting on Football

“In the NFL, a game will often be totally turned around by one or two plays, or even a single penalty. Consider Underdogs – “In the long-run, it’s easier to win betting on the underdog,” Konik says. “If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can.

And remember, in the immortal words of “Fast” Eddie Felson, “Money won is twice as sweet as money earned.”

“The biggest mistake that amateur bettors make is they increase their bets when they are losing,” Sevransky says. Avoid Exotic Bets – “For very skilled handicappers, with a proven track record, there can, at least in theory, be value in betting parlays,” says Gordon on the type of bet that fun88 thai combines two or more individual wagers. “Common wisdom says that over the course of a long football season the average man or woman will pick approximately 50 percent winners. Shop For Numbers – “Another important aspect of betting on football is shopping for the best number,” Moseman explains. Bet at the Right Time – “The sharp bettors tend to bet underdogs, and they tend to bet them early,” Moseman says. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites. Research Football Services – “Most sports services realize that most people who sign up with them are insecure,” Gordon warns. “Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”

“A square or recreational player might have a vague plan, but after two Corona’s he will definitely run to the window and make a hasty decision on the USC-Notre Dame game because he wants to be involved in the party atmosphere,” Vaccaro says. “In trying to bamboozle potential customers, many services make claims about having scouts all over the country that give them inside information and promise 70 or even 80 percent winners, as if the bookmakers were the biggest suckers in the world. If you want advice about sports betting, find someone who has a successful track record. “Most people prefer to bet on the ‘better’ team, the one that will probably win the game.

6. Locks Don’t Exist – “Anyone who has watched sports for about a month realizes that the difference between winning and losing, especially against the spread, can be infinitesimally small,” Gordon says. Also, being “in action” can make a dull late-afternoon game (Buffalo vs. “There will be more discrepancy in the numbers at different sports books. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are laying heavy money on the points. “Squares usually bet later in the week and they tend to pick the favorites. There are almost an infinite number of scenarios that can happen in a single football game. And why not? We have unconditional love for the sport and betting $50 or $100 on a game adds an extra rush of adrenaline.

Ted Sevransky, a well-known Las Vegas gambler and sports consultant with Sportsmemo.com, agrees.

Another difference between squares and sharps is how they approach betting on game day.

“The bookies fear and despise a tiny coterie of professional bettors known as ‘the sharps,’” Konik says. The payout is just the same as far as he is concerned. In fact, sports bettors must pick 52.4 percent winners just to break even.”

And where does all that money go?

5. Focus on Conferences – “The best way to win money betting football is to develop a niche and follow it closely,” Moseman advises.

7. Chasing losses is the fastest way to the poor house.”

While these tips don’t guarantee you’re going to win, hopefully they can make you a little less square and a little more sharp in your picks this season. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.”

4. They use powerful computers that can process millions of bits of data and produce a more accurate point-spread line than the bookmakers.”

9. Oakland comes to mind) seem like the Super Bowl. “Thus, the bookies love and cherish the squares.”

“There is probably no better bet in sports than playing an underdog at home,” Moseman says. “As for me, the best bet in football is betting the point spread or over/under totals on individual games. But, when you’re struggling, that’s when you want to reduce your bet size until you get out of your slump. If North Texas is his best bet on a Saturday then that is his bet. Not all games work according to this formula, but it is usually a good rule of thumb.”

Newspapers and popular sports sites routinely publish the lines or point spreads for games, and football insiders offer their picks to viewers each week on ESPN and other cable networks. Giving 11 to 10 odds is almost always the cheapest price you can give.”

“A square is the average, unsophisticated gambler whose decision making is based on hunches, media manipulation, or spurious systems that cannot overcome the bookmaker’s inherent mathematical advantage,” Konik explains. “When you’re in a good rhythm and winning, you want to increase your bets. The only locks that exist are those that need keys to open them.”

Betting on football games; whether it’s through a local bookie, an offshore Internet site or a Nevada casino (still the only legal place in America to make football bets), most of us have done it or know of someone who has.

***

3. “The key to proper money management is to be sure not to bet more than you can afford to lose.”

Certainly not back into the pockets of the average bettor.

Although exact figures are impossible to calculate, according to Jimmy Vaccaro, widely considered to be Las Vegas’ most influential bookmaker, Americans probably wager more than $50 billion a year on NFL and college football combined. He is not taken in by being involved in USC-Notre Dame just because it is the biggest watched game of the day.

But even though the math says it’s virtually impossible to win on a consistent basis, Americans continue to bet on football. Slim underdogs regularly win outright.

Also, it’s probably a good idea to disregard advice from the myriad of ex-players and football experts you see on television each week. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.”

“In an average season, fewer than one bettor in twelve turns a profit,” Gordon says. Drinking and Gambling Don’t Mix – “There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling,” Moseman says.

“The standard bet requires gamblers to lay $11 for every $10 they want to win with the extra $1 or 10 percent known as the juice,” Konik says. Money Management – “This is without a doubt the most important aspect of betting on sports and possibly the most neglected,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years. Otherwise, you’re better off doing your own research.”

.

So, how much should you bet a game?

So, is it possible for the average square to become a little sharper in making football bets this season? According to professionals like Vacarro, Konik and Gordon, amateur bettors have the best chance to win if they demonstrate a little patience and follow the 10 basic tips below. 1.

Michael Konik, a sports writer and best-selling author of The Smart Money (Simon & Schuster 2006), explains why it is so hard for the recreational gambler to win at betting on football.

“The talking heads on TV know nothing about sports betting,” says Sevransky. “The sharps are usually members of a betting syndicate privy to the most up-to-date information on injuries, weather, game plans, and, most important, the real power of the teams involved. To be a successful sports bettor you need to operate with a clear mind.”

“A sharp or smart has a plan of what he wants to do,” says Vaccaro, the director of sports operations and public relations at Lucky’s Race and Sports Book in Las Vegas. “If you listen to their advice, you are sure to lose.

10. Thanks to the juice, the only one who profits in this scenario is the bookmaker. On college you will be able to find different lines at different sports books. “He is not jaded by teams and does not bet with his heart. The only touts bettors should consider are the ones who talk about the long haul and realistic winning percentages, which are in the upper 50 percent to lower 60 percent range.”

But that doesn’t mean you have to bet like a “square” and throw away your hard-earned money.

Even Hollywood is not immune – think Two for the Money with Al Pacino and Matthew McConaughey.

8.

So, how much are we gambling each football season?

“Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” Vaccaro says. “For example, if you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”

2. He loses year after year, according to Dan Gordon, a top football handicapper and author of How to Beat the Sports Books (Cardoza Publishing 2005). “Teams play inspired ball at home. So underdogs tend to be slightly undervalued – except by the sharps.”

However, Konik adds that there are some bettors who actually know how to beat the bookies. The NFL, for example, will have very similar numbers at most of the betting shops you visit. “Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. Avoid Chasing Bets – “Don’t do it! There is no worse way to mismanage your bankroll than to chase your bets after a losing day,” cautions Moseman on the dangerous practice of trying to immediately win back your losses. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.”

Moseman agrees and especially likes home underdogs

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In online betting parlors, Clinton expands lead over Trump — bigly

The next most likely utterances were “Make America Great Again” from you-know-who and “Stronger together” from Clinton.

The odds on PredictIt suggested TV viewership would be down (yet to be seen) from the first two debates and Trump would talk more than Clinton (she wound up talking for 5 minutes more than him).

The overseas odds often mirror those of U.S. All Rights Reserved. Rules on political wagering are more permissive overseas, with major players like Paddy Power and U.K.-based Betfair raking in big dollars from bettors.. That suggests an 83 percent likelihood she’ll win on Election Day.

Added the spokesman, in an email: “This was Trump’s best performance but he failed to land the knockout blow that he needed to influence the odds. For Trump, the long shot was rally favorite “Get ‘em out” — with a payout of $200 on a $10 bet.

The market — which traded 4.8 million shares Wednesday, its highest total m88 this year — predicts Clinton will trounce Trump by 8 percentage points, which would be the largest presidential margin of victory since Ronald Reagan’s 1984 landslide.

© 2016 CBS Interactive Inc.. market, PredictWise, on Thursday morning put the odds of a Clinton victory at 91 percent.

Irish bookmaker Paddy Power is so confident in a Hillary Clinton victory, its spokesman (official title: PR & Mischief Champion) noted a come-from-behind Trump victory would “trigger the biggest political payout in bookmaking history and leave Paddy Power with some very expensive pie on its face.”

The most unlikely utterances? From Clinton, a reference to Trump’s “wig/hairline” — William Hill’s words, mind you — paying out $330 on a $10 bet. voter, Travis noted. Having paid out on a Clinton victory a late surge from The Donald will have us sweating like a bad hombre but we remain confident in our decision following the final debate.”

Based on odds offered by William Hill, pretty much the only sure thing about the debate was that Donald Trump would say “tremendous” — requiring a massive $1,000 bet to win a paltry $1. They did not.

On U.S. voters would opt to “remain” in the European Union. and abroad suggest Hillary Clinton fortified and expanded her lead over Donald Trump after the third and final presidential debate Wednesday night.

While there are plenty of reasons to be skeptical of political betting markets, they nonetheless have a “respectable track record” of predicting election outcomes — and generally are more accurate than opinion polls, according to a note this month from Capital Economics.

The final presidential debate was in Las Vegas, so it should come as no surprise the event had British betting powerhouse William Hill as a co-sponsor.

The market paid out on bets the phrases “open borders” and “rigged election” would make appearances, but “Crooked Hillary” did not get air time.

That’s despite the high-profile black mark known as Brexit: The betting markets predicted — up to the day Britain voted — an 80 percent likelihood U.K. The markets also tend to closely follow polling averages including the one maintained by Nate Silver’s FiveThirtyEight website.

The markets enable participants to bet on a range of questions, and often they perform better than opinion polls at predicting political outcomes.

In the U.S., non-profit outfits such as PredictIt and PredictWise offer small-dollar, limited betting markets for the purposes of research and teaching.

Online betting and prediction markets in the U.S. markets, sometimes with a lag of a few days since they don’t directly reflect the sentiment of the U.S. Another U.S. prediction market PredictIt, Clinton was trading at 81 cents before the debate, jumped as high as 87 cents during the sparring match, and settled at 83 cents after, said PredictIt spokeswoman Brandi Travis in an interview

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Sports Betting Odds by Benered Fransisco

In sports betting odds, such as football odds is becoming more vibrant each year. The bookies set a lot of numbers by keeping the public in mind and the person who begins to study can understand easily as to how the person can gain more and on the numbers set by the bookies.

Sports betting odds can be defined as “the likelihood of an outcome occurring that is stated in a number form”. In sports betting odds, the odds are termed as “MONEYLINE”.The sports betting odds there are no point spread for many of the sports such as boxing, tennis etc as there occur no way to measure the points or score in which the player wins or loses by. Apart from this, he also works as a consultant on gaming management, strategies, personnel and marketing. The main basis of the wager is the straight up outcome, which is not in to a point spread. The sports betting odds makers set the money line, as more money must be risked for the favorite or the person expected to win and very less on the underdog or the person more likely to lose, so that there occurs a balance between both sides of the contest.

. This field is considered as a way to make huge profits if the person is a smart bettor who has practiced proper money management. It is an entirely different case in sports betting odds, as about 75% of odds are established for the licensed Sports Books in Nevada as well as for Oregon State Lottery by Las Vegas Sports Consultant Inc, which is run by Michael ‘Roxy” Roxborough. Money line in sports betting odds is decided by the event winner with no regard to the point spread as there is occurs no point spread. In sports betting odds, there are many things, which are illegal such as transmitting information on gambling across the state for placing, or taking bets is considered illegal. And most of the illegal books of Nevada draw their odds from casinos. But even then, there occur many loopholes through which people play their own gaming!

In college, also sports betting odds have taken reign even though it might be considered illegal by many. In sports betting odds, the odds are made not by the common people. In such sports like boxing, the only thing that counts is who wins and who loses, and in such cases, the money line wagering enters in!

In sports betting line, money line is like point spread that is used to equal the attractiveness of the favorite m88asia and the underdog for the person betting

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Free Fantasy Sports Streak Games and Contests with Cash and Prizes

We have found that during basketball season it was much easier to find a good pick than it has been during baseball season.. Covers.com is a sports betting information website that runs a free streak style contest with a top prize of $100,000. If you get your pick correct, your streak goes up. It doesn’t take a lot of time and it is a contest that a smart sports fan has a reasonable shot at winning. Other prizes are available for smaller streaks. You do not have to pick everyday, but you must pick once every six days to keep your streak alive.

Many of the picks are not just picking which team will win. My longest streak was seven in a row and my girlfriend m88 casino had 11 in a row during basketball season. If you get it wrong, your streak resets to zero. See the table to the right for a breakdown of the prizes.

Only having the option of picking one game a day makes this contest one of my favorites. Each day you can make one pick from a list of games that Covers.com chooses. Basketball and football include picking ATS (against the spread), which makes Covers.com the closest thing to actually betting on sports on this list.

The ultimate goal is to build a streak of 24 correct picks for the overall grand prize of $100,000

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Korean pitchers banned for overseas gambling | Reuters

The KBO also handed out a fine of 10 million won to the Lions for failing to properly manage their players.

He is now looking to make the switch to Major League Baseball in the United States.

Veteran reliever Lim, second only to Oh on the all-time saves list, and two of his team mates were left off the Lions roster ahead of the Korean Series in October as the gambling scandal broke.

The KBO said in a statement on its website on Friday that after deliberating on the case it had decided to suspend the players for half of their team’s games should they play in Korea next season, which would be 72 games in 2016.

SEOUL The Korean Baseball Organisation (KBO) handed out half-season suspensions to pitchers Lim Chang-yong and Oh Seung-hwan on Friday following allegations they were involved in illegal gambling in Macau.

Free agents Oh and Lim are suspected of gambling tens of thousands of dollars in Macau in November 2014. South Korea’s gambling laws ban nationals from betting in casinos abroad.

The Lions lost the championship series to Doosan in five games. The 39-year-old Lim, who had a brief stint with the Chicago Cubs, was later released by the Lions.

Oh, who won an Olympic gold medal at the 2008 Beijing Games and had a record 277 saves in nine seasons with Korea’s Samsung Lions, played the last two seasons in Japan.

Prosecutors in December sought a summary order against the two pitchers and asked a local court to impose 7 million won ($5,848) each in fines.

(Reporting by Jee Heun Kahng; Writing by Peter Rutherford; editing by Amlan Chakraborty)

Sports & Recreations Articles | ArticleBiz.com … Page 40

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Changing the Rules of the Game By David Marks

It cannot be overestimated the influence of television on sports. This is because of the insatiable appetite of the public for sporting events. As a result, the era of sports has changed through time and we thank television for speeding it up.

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Gametime Powers the Ultimate College Football Road Trip for Utah Brothers

Syracuse) in

Syracuse, NY and Heinz Field (Pitt vs. The Ritters began devising their strategy in early 2016, inspired by

Deadspin founder and SportsOnEarth senior editor Will

Leitch’s article series plotting a hypothetical season long college

football journey.

The Ritters will utilize the Gametime app to find their tickets on the

road, likely at the last minute to find the best deals and stretch their

dollars. Gametime transformed the ticket purchase experience for mobile,

launching in 2013 to create the most efficient access for fans to come

together for entertainment experiences. Considering the many personal and professional

variables to spending four months traversing the country, the pair has

devoted the remainder of 2016 to pursue this dream.

Gametime

is leading innovation for last minute, on-demand tickets to live

entertainment. The duo will travel in a Gametime branded Winnebago and serve

as brand ambassadors throughout their journey.

About Gametime

Follow the Ritter’s amazing journey on social media at @TheRitterBros or

#gametimeroadtrip

“We couldn’t be more excited to tackle this adventure together! Growing

up in a football hotbed state like Ohio, our Fall’s have always been

structured around football. The 25,000+ mile journey will

include watching over 70 teams from 11 conferences in 15 weeks, totaling

50 game day experiences.

To see the entire Ultimate College Road Trip schedule visit www.gametimeroadtrip.com

. 1. Gametime curates the best

values, presents them with in-seat panoramic views, an ultra-fast

two-tap purchase process and delivers tickets directly to smartphones

(eliminating printing). The formal record attempt was submitted in June and is

under review by the Guinness Records review board for verification.

SAN FRANCISCO–(BUSINESS WIRE)–With an unrelenting passion for college football, some very strategic

planning and a bit of reckless abandon, Jameson and Mitch Ritter of Salt

Lake City will embark on the Gametime Ultimate College Football Road

Trip starting this Thursday, Sep. and

Canada. kickoff between #1 Alabama and #20 USC in the

Cowboys Classic. In the first weekend alone the Ritters will watch three of the

most marquee games in the country, two in the same day.

Gametime, the leading app for on-demand mobile ticketing, is supporting

the pair with ticket credits to get them to as many games as possible.

Immediately after, the brothers will head north on I-45 to Arlington and

AT&T Stadium for a 7 p.m. Gametime mobilizes fans for live events to over 1000+

teams and artists in more than 50 markets throughout the U.S. 3. On Sunday, the boys head south once again to watch #10

Notre Dame visit Texas in Austin. From our playing days through high school

and college football Saturdays, football has always been a part of

lives,” said Jameson Ritter, 28, and eldest Ritter brother. Featured as a top-rated app on iOS and Android,

Gametime believes the world gets better when people have fun together. Penn State) in Pittsburgh.

“This is such a great idea that I’m mad at them for doing it! I will be

watching them with envy and admiration,” remarked Will Leitch.

Beyond the pure enjoyment of the experience is the quest for a Guinness

World Record for the “Most Collegiate Football (American) Games Attended

in One Season”. Week Two sees the pair heading

northeast for games at the Carrier Dome (#19 Louisville vs.

Connect with Gametime on Twitter,

Facebook,

YouTube

and Instagram.

The Ritter brothers journey kicks off at Rice-Eccles Stadium as Utah

hosts Southern Utah on the first day of the 2016 college football

season. “Having the

opportunity explore the college football landscape together and

experience the pageantry and tradition that makes college football so

special, we wanted to take this brief window in life to press pause on

career and pursue the ultimate college football fan experience.”

Following the Utah-Southern Utah opener, the Ritters will travel

southeast to Houston for the Advocare Texas Kickoff between #3 Oklahoma

and #15 Houston at NRG Stadium at 11 a.m CT on Saturday Sept

New documents show Pete Rose bet on baseball as a player, ESPN reports

To be sure, I’m eager to sit down with [MLB commissioner Rob] Manfred to address my entire history — the good and the bad — and my long personal journey since baseball. That meeting likely will come sometime after the All-Star break. Postal Inspection Service in October 1989. This closes the door,” said John Dowd, the former federal prosecutor who led MLB’s 1989 investigation.

Major League Baseball has historically reserved its harshest punishment for players who gamble on the sport, claiming such wagers affect baseball’s integrity – even if a player such as Rose bet on his own team to win.

Rose issued a statement to ESPN through his lawyer, Raymond Genco.

In the five months covered by the notebook, Rose allegedly placed at least one bet on baseball 30 times, as well as placing wagers on other sports, ESPN reported. “I need to maintain that. Most of the bets were for about $2,000.

Rose, the sport’s all-time leader with 4,256 hits, has been banned from the sport since 1989. The actual notebook has remained under court-ordered seal for 26 years and is currently stored in the National Archives’ New York office.

“We knew that [Bertolini] recorded the bets, and that he bet himself, but we never had his records,” Dowd told ESPN. Therefore at this point, it’s not appropriate to comment on any specifics.”

“This does it. But the newly surfaced documents could spell an end to the 74-year-old legend’s Cooperstown aspirations.

.

Pete Rose’s long insistence that he never gambled on baseball while playing the game may be unraveling, after ESPN unearthed documents it says shows he bet on the Cincinnati Reds while a player-manager in the last year of his illustrious career.

This closes the door,” said John Dowd, the former federal prosecutor

The documents obtained by ESPN’s “Outside the Lines” are copies of pages from a notebook seized from the home of former Rose associate Michael Bertolini during a raid by the U.S. “We tried to get them. Rose, who would certainly be in the Hall of Fame if not for his ban, has long lobbied to be allowed back into the sport. For the next 15 years, he insisted he never gambled, then in 2004 admitted he had but only as a manager. He refused to give them to us.”

- John Dowd, MLB investigator

Dowd said his team had sought the records in order to prove Rose bet on the sport while a player.

“Since we submitted the application earlier this year, we committed to MLB that we would not comment on specific matters relating to reinstatement,” the statement read. The sports network said the papers’ authenticity has been verified by two people who took part in the raid, which was part of an unrelated mail fraud probe

How the Sports Betting Line is Made by RJ Bell

Once betting begins, sportsbooks can adjust the line at any time. Reasons for such adjustments include:

“You either have a passion for it or you don’t,” 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). By moving the line, sportsbooks can influence how the public bets on a particular game.

Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather. Examples of non-game factors that would require an adjustment to a team’s power rating are key player injuries and player trades.

Since the oddsmaker’s ultimate goal is equally dividing the betting action, public perception and betting patterns must be taken into account. 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. By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error. Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach. Oddsmakers have to determine if any changes are necessary and send out an “adjusted line.”

Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines.

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)

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. People think it’s much more complicated, but it’s not.”

What Is the Line Trying to Accomplish?

Experts working for the individual books having a strong opinion on the game

“The main objective is that our clients get equal action on both sides,” Seba said.

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. .

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.

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). 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 power ratings are adjusted after each game a team plays.

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.

RJ Bell

©Pregame.com 2006

Website: http://www.Pregame.com

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.

There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by. 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). 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. 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. We do this by drawing from past experiences and applying them to current situations. Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process.

How the Opening Line Is Made

The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action. In doing so they attempt to make more attractive the team that is getting less action. Of course there is an entire method to the madness on how the opening line is created. This usually includes having up-to-date power ratings on each team.

“The #1 thing for us is to make a line for each game that creates good two-way action. 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.

Why the Line Changes

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. If we’ve done that, we’ve done our job.”

The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks. For example, the public might have heavy betting interest week after week on a popular college football team such as USC. Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years. 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’). 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.

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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