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Football Betting Lines

Toronto, ON (Sportsbook Betting Lines) - The Toronto Argonauts inked wideout Jason Barnes, signing the fleet receiver through 2013. Barnes, who was plucked from the Edmonton Eskimos, will be reunited with former Esks quarterback and current Argos signal caller Ricky Ray.

 

"Jason Barnes is a legitimate receiving threat with size and experience in the CFL. We believe he is just beginning to realize his potential and will continue to get better," said Toronto head coach Scott Milanovich. "His chemistry with Ricky is obviously another positive as we continue to add weapons for 2012."

 

Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers have re-signed offensive lineman Glenn January. January started every game at right tackle for the Blue Bombers last season and was named an East Division All-Star. He missed the entire 2010 campaign with a torn pectoral muscle.

 

"We are very happy to have Glenn back in the fold for next season," said Bombers vice president and general manager Joe Mack. "Coming off a serious injury to being named a Divisional All-Star is something to be proud of and we're very happy we were able to keep another member of our offensive line in tact."

 

Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers released defensive tackle Albert Haynesworth on Wednesday. "I appreciate Albert playing for us after some key injuries this past season," said Buccaneers general manager Mark Dominik. "He was very professional and we now wish him all the best as he moves forward."

 

In 123 career games with the Titans, Redskins, Pats and Bucs, the 30-year-old has compiled 347 tackles and 30 1/2 sacks.

 

The Louisiana native, who played collegiately for both Tulane and Virginia, racked up 21 catches for 299 yards and three touchdowns in the 2010 regular season, adding four grabs for 57 yards in that year's Grey Cup loss to Montreal.

 

Vancouver, BC (Sportsbook Betting Lines) - The British Columbia Lions signed defensive backs Ryan Phillips and Dante Marsh on Wednesday. Phillips returns for his eighth season with the defending Grey Cup champions and was eligible for free agency. The two-time CFL All-Star has 320 tackles and 31 interceptions in 126 career games with the Lions.

 

"The success of our defense in recent years is due in large part to having a core of experienced veterans playing key positions," said head coach Mike Benevides. "Ryan and Dante's athleticism and ability to make big plays when we need them the most make them vital parts of our team."

 

The announcement, made during an unusual video chat on Moss' 35th birthday on Monday in which the once-feared playmaker also expounded on such thought- provoking subjects as bodily waste and picking one's nose in clear view, grabbed headlines as much for its bizarreness as the well-placed timing of taking place in the mundane week after the league's title game.

 

Five members of this year's unrestricted free agent class had over 1,000 receiving yards in 2011, and four of them -- Vincent Jackson, Marques Colston, Dwayne Bowe, Steve Johnson -- will be between 26 and 29 years old next season and in the prime of their careers. Two others -- Reggie Wayne and DeSean Jackson -- have reached the 1,000-yard mark on multiple occasions and were each considerably more productive than Moss was in his disappointing 2010 tour with New England, Minnesota and Tennessee.

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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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