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Pacers, Thunder exchange second-round picks

Basketball Betting Lines

06/25/2010 - New York, NY (Sportsbook Betting Lines) - The Indiana Pacers and Oklahoma City Thunder exchanged second-round picks in Thursday night's NBA Draft.

Louisiana Tech forward Magnum Rolle was drafted No. 51 overall by Oklahoma City and acquired by the Pacers for the No. 57 pick and cash. That 57th pick was forward Ryan Reid out of Florida State.

Last season, Rolle finished second on the team in scoring at 13.9 and first in rebounds at 8.4. He also led the WAC with 2.1 blocks per game.

Reid averaged 6.8 points and four rebounds for the Seminoles last season.


<< Clippers get Bledsoe from Thunder
New York, NY (Sportsbook Betting Lines) - The Los Angeles Clippers acquired the draft rights to Kentucky guard Eric Bledsoe in a deal with the Oklahoma City Thunder. Bledsoe was selected 18th overall by the Thunder, who will receive a protected first

<< Suns pick up Gentry's option for 2011-12
Phoenix, AZ (Sportsbook Betting Lines) - Phoenix Suns managing partner Robert Sarver has exercised head coach Alvin Gentry's contract option for the 2011-12 season. Gentry's contract was already partially guaranteed for that season after guiding t

<< Blazers fire GM Pritchard
New York, NY (Sportsbook Betting Lines) - The Portland Trail Blazers fired general manager Kevin Pritchard just before the NBA draft began Thursday night. Pritchard was promoted to general manager in March of 2007. The draft was actually Pritchard

<< Suns exercise option for Gentry, sign 3 assistants
PHOENIX (AP) -The Phoenix Suns have exercised the option year of coach Alvin Gentry for the 2011-12 season.Gentry guided the Suns to a 54-28 regular season, third-best in the West. Phoenix eliminated Portland and San Antonio in the playoffs before f

<< Suns select Georgia Tech's Lawal with 46th pick
PHOENIX (AP) -The Phoenix Suns, working with a general manager who will walk away from his job next week, have selected Gani Lawal of Georgia Tech with the 46th pick overall in the NBA draft.Lawal left college after his junior season, when he averag

Wizards, T'Wolves make draft-night deal >>
New York, NY (Sportsbook Betting Lines) - The Washington Wizards acquired the draft rights of forward Trevor Booker and center Hamady N'Diaye from the Minnesota Timberwolves in exchange for the rights to Lazar Hayward and Nemanja Bjelica. "We are very

Pedroia hits 3 HRs as Red Sox slug past Rockies >>
Denver, CO (Sportsbook Betting Lines) - Dustin Pedroia homered three times, including a two-run blast in the top of the 10th inning, and drove in five runs overall, as the Boston Red Sox avoided a sweep and outslugged the Colorado Rockies, 13-11,

Heat deal second-round pick Williams to Oklahoma City >>
New York, NY (Sportsbook Betting Lines) - The Miami Heat traded the draft rights to forward Latavious Williams to the Oklahoma City Thunder during Thursday night's draft. Williams was chosen in the second round, 48th overall. The Heat get a 2011 prot

Dodgers finally solve Angels >>
Anaheim, CA (Sportsbook Betting Lines) - Rafael Furcal's two-run double fueled a five- run fourth inning, as the Dodgers notched their first win this season in the Freeway Series with a 10-6 decision over the Angels. Casey Blake and Jamey Carroll

Inside the NBA Draft: CBA is league's biggest problem >>
New York, NY (Sportsbook Betting Lines) - Television productions tend to embellish on a fairly regular basis so I must confess snickering a little bit when I overheard the Worldwide Leader call the 2010 NBA Draft historic from my perch above its set at M

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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