NASCAR champ Stewart appearing on ABC television show
Autoracing Betting Lines
02/13/2012 - Daytona Beach, FL (Sportsbook Betting Lines) - Reigning NASCAR Sprint Cup Series champion Tony Stewart has done some acting during the offseason.
Stewart, who captured his third Sprint Cup title last season, will appear on an upcoming episode of the ABC comedy 'Last Man Standing,' starring Tim Allen. The episode is scheduled to air on Tuesday at 8 p.m. (et).
"This is something that obviously is a little bit out of our comfort zone, because we're used to being in a uniform in a 3,400-pound stock car, so to come here and do TV is something that is pretty fun," Stewart said. "It's exciting to do something different and get out of that norm a little bit."
Stewart was on the set of the television show January 16-17 in Los Angeles. He will appear as himself on the episode entitled "Adrenaline."
Later this week, Sprint Cup teams return to Daytona International Speedway for the preseason Budweiser Shootout race and then qualifying for the February 26 season-opening Daytona 500.
Allen will serve as Grand Marshal for the March 11 Sprint Cup race at Las Vegas Motor Speedway.
New York, NY (Sportsbook Betting Lines) - The National Thoroughbred Racing Association (NTRA) released a pair of pre-season 'Kick-Off' polls for the 2012 racing season. Performances are through Sunday, February 12. Game On Dude is first in the
<< Volandri topples Montanes in Brazil
Sao Paulo, Brazil (Sportsbook Betting Lines) - Italy's Filippo Volandri cruised to a
straight-set win over seventh-seeded Albert Montanes on Monday in the first
round of the $475,300 Brasil Open.
Volandri won nearly 80 percent of his first-serv
<< Reports: A's land Cuban slugger Cespedes
Oakland, CA (Sportsbook Betting Lines) - The Oakland Athletics and coveted Cuban
outfielder Yoenis Cespedes agreed to terms on a four-year contract Monday,
according to reports.
The deal is worth $36 million and won't be officially announc
<< Not all flash: Kentucky's blue-collar defense sets it apart
Philadelphia, PA (Sportsbook Betting Lines) - While it may appear that Kentucky head
coach John Calipari comfortably plays the part of a New York stockbroker,
cynics may believe he is a no-stone-unturned salesman more interested in the
commodity's worth
<< Bombers re-sign QB Brink
Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers re-signed
quarterback Alex Brink to a new contract on Monday. Terms of the deal were not
disclosed.
In eight games last season, including two starts, Brink threw for 1,023
Richmond, VA (Sportsbook Betting Lines) - The Colonial Athletic Association announced Monday a five-year agreement with the NBC Sports Group to broadcast conference football and men's and women's basketball games. The agreement begins with the 2012-13
Patriot League adding football scholarships in 2013 >>
Philadelphia, PA (Sportsbook Betting Lines) - Touchdown.
After exhaustive debate in recent years, the Patriot League has decided to
start awarding athletic scholarships in football - 15 each year - beginning
with the 2013 season.
The league
Napoli tops Chievo to snap winless skid >>
Naples, Italy (Sportsbook Betting Lines) - Napoli snapped a five-game winless streak on
Monday by securing a 2-0 home win against Chievo which improves the club's
European hopes.
Napoli had been held without a goal in its last two games but scor
Sociedad piles more misery on Sevilla >>
San Sebastian, Spain (Sportsbook Betting Lines) - Sevilla's struggles continued on
Monday at Real Sociedad as the visitors saw their winless streak reach eight
games following a 2-0 defeat.
The two sides entered the final 30 minutes of the
Sporting's struggles continue >>
Lisbon, Portugal (Sportsbook Betting Lines) - Sporting Lisbon fell further off the pace
at the top of the Portuguese Liga after a 2-0 defeat at Maritimo on Saturday.
The result leaves Sporting in fourth place and 16 points back of leaders
Benfi
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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