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05/26/2010 - Baltimore, MD (Sportsbook Betting Lines) - The recently concluded spring race meet at Pimlico Race Course showed a noticeable drop in wagering from 2009. The Maryland Jockey Club announced that average wagering figures were down nearly nine percent during the meet that ended Saturday, May 22.
"We expected the numbers to be down based on the Preakness figures, which dictate whether the numbers will be up or down for the meet," said Tom Chuckas, Maryland Jockey Club president and chief operating officer. "The build up to this year's Preakness did not match 2009 when Rachel Alexandra- mania took over the industry. But we were still able to generate the sixth largest handle ever in the 135-year history of the event."
The average daily handle dropped 8.7 percent from $6.854 million to $6.257 million. However, attendance rose almost 10 percent at Pimlico with the Preakness attracting 95,760 compared to last year's crowd of 77,850.
"We are proud of this year's infield experience and our partnership with Susan G. Komen for the Cure on Black-Eyed Susan Day which made for an outstanding weekend," added Chuckas. "Our staff is meeting Friday afternoon to begin planning for the 2011 Preakness. We will look for ways to build on the momentum that began here a week and a half ago."
This year's 135th Preakness Stakes had wagering of more than $52.76 million with the entire race card on May 15 totaling better than $79.million, sixth among Preakness Day handles.
In 2009 the respective numbers were $59.7 million and $86.6 million.
<< Orioles shoot for series win over A's
(Sportsbook Betting Lines) - Manager David Trembley saw his Orioles put together one of
their best games of the season that, funny enough, came against an Athletics
club that they have struggled against over the last few seasons.
Baltimore will t
<< Giants ace Lincecum puts focus on visiting Nats
(Sportsbook Betting Lines) - Though often a victim of a shaky bullpen this year, Giants
ace Tim Lincecum knows the result of his last start is mainly on him. An
extra-focused Lincecum is probably the last thing the Nationals want to see
tonight
<< White Sox close out set with Tribe at Progressive Field
(Sportsbook Betting Lines) - A well-timed matchup against a National League opponent
helped get Chicago's Mark Buehrle on track. Now he'll try to lock down his
first road victory of the year and give the White Sox their first series win
over t
<< Boston goes for sweep of Rays behind Lackey
(Sportsbook Betting Lines) - Starting pitching was supposed to be one of the Red Sox's
strengths in 2010. That has been the case over their current four-game winning
streak, but things could go sour quick if John Lackey can't find his form.
The stru
Brodeur signs 1-year deal with Senators >>
OTTAWA (AP) -Backup goaltender Mike Brodeur has signed a one-year contract with the Ottawa Senators, after spending most of last season with their AHL affiliate in Binghamton.The 27-year-old Brodeur was recalled to Ottawa twice last season, going 3-
Buehrle, Guillen ejected for arguing balks >>
CLEVELAND (AP) -White Sox starter Mark Buehrle and manager Ozzie Guillen have been ejected in Chicago's series finale against the Cleveland Indians for arguing two balk calls.Guillen was tossed in the second inning Wednesday by first-base umpire Joe
Wallace on fast track to replace Santonio Holmes >>
PITTSBURGH (AP) -Mike Wallace is on the fast track to replacing Santonio Holmes as the Steelers' primary deep passing threat. Byron Leftwich needed only one practice to realize that.During a 7-on-7 passing drill recently in a voluntary practice, Wal
Super Bowl may get name for Giants-Jets stadium >>
EAST RUTHERFORD, N.J. (AP) -Being chosen to host the Super Bowl in 2014 may help the Giants and Jets finally get a new name for their $1.6 billion stadium.Speaking at a news conference Wednesday, the owners of the teams say the selection of the stad
My fellow Americans, as tempting as it may be to don the coat and HD-ready tie in order to deliver this State of the Game address before the cameras, I know better. As Brad Paisley sings on his latest album, "I'm so much cooler online."
The ideas for this annual essay to kick off the MySportsbook.com college football betting preview flowed like frat-house beer, which is to say they were cheap and spilled all over the floor. The 2007 season will be better than 2007, if only because there will be more of it. A year ago, the NCAA Football Rules Committee made two rule changes in the interest of speeding up the game. These changes went over like Kobe burgers at a vegan banquet.
To its credit, the rules committee rectified its mistakes. This season the clock once again will start when a kickoff is received, rather than when it is kicked, and the clock will not start so quickly on a change of possession.
However, kickoffs have been moved back five yards, to the 30, which will force more returns. (Thus forcing the clock to run. Clever, huh?) Special teams might decide a lot of games, because coaching strategy will come straight out of another new Paisley lyric (almost), I'd like to check you for kicks.
Paisley sings with a twang, which is why he's appropriate for this college football season. The sun coming up over the 2007 college football betting lines season rises from the south. It's a Southern football world. As the Southeastern Conference begins its 75th year, the power shift is noticeable.
Eight-figure budgets, glamorous settings -- and that's just for the head coaches. The SEC has four coaches who have won national championships -- the greatest aggregation of coaching know-how since Eddie Robinson dined alone.
Steve Spurrier, Phil Fulmer, Nick Saban and Urban Meyer have given lie to the idea that a conference championship game is too daunting a hurdle on the road to No. 1. In six of the past 10 seasons, the national champions played and won a conference championship game -- three of the six (Tennessee, 1998; LSU, 2003; Florida, 2007) from the SEC.
There will be more of the same this season, if the preseason prognostications are correct. Six SEC teams are in the preseason coaches' poll, more than from any other conference. Only one conference has talent so deep that a team with 15 returning starters, including the best quarterback in the league, from an eight-win season is considered an afterthought. That may speak more to Kentucky's losing legacy than to the wisdom of the predictions, but there you have it. And seriously, keep an eye on Wildcats QB Andre' Woodson.
The reach of the South extends all the way to No. 1. Take a look at the team that is a consensus pick to win the national championship. The quarterback is from Shreveport. The best wide receiver is from Nashville. The top recruit is from New Orleans.
So what's the campus doing in Los Angeles? Hey, it is the University of Southern California.
USC lost two Pacific-10 Conference games a year ago, the first time that had happened in five seasons, and university officials withstood the urge to form blue-ribbon panels to unearth the cause of such a disaster. Instead, the Trojans gathered themselves and routed Michigan, 32-18, in the Rose Bowl.
USC's losses at Oregon State and at UCLA last year should have given pause to those who question the Pac-10's football prowess (such as, without naming names, L.M. from Baton Rouge). The league only got deeper this season; Dennis Erickson is taking over an Arizona State team that never quite got out of its own way under his predecessor, Dirk Koetter.
Erickson will resume his quest to become the first coach to win a national championship at two schools. Both he and Spurrier, now in his third season at South Carolina, returned to college football at schools with lower profiles than where they won their titles.
That isn't the case for the third coach looking for the national championship double. You may have missed this, but NASA reported the astronauts on the space shuttle last spring made contact with what can only be described as beings from another galaxy.
The leader of the aliens said, "We come in peace," followed by, "So how do you think Nick Saban will do at Alabama?"
The public is reacting to the new Crimson Tide coach as if he is the Barry Bonds of college football -- beloved at home for what his fans believe he is going to do, hated on the road for his intimidating attitude and for what his detractors believe he did (bend NCAA recruiting rules). I made this comparison from the dais at a charity dinner in Mobile, Ala., last month, and the chill that washed over me didn't come from the air conditioning.
Saban will attempt to prove that he can remake in Tuscaloosa what he built in Baton Rouge, much like another member of the national championship fraternity. Bobby Bowden is attempting to remake at Florida State what he built at, um, Florida State. Bowden rebuilt his offensive staff, bringing in four new coaches led by Saban's former offensive coordinator, Jimbo Fisher, to jump-start an offense that has been dead for a couple of years.
The Atlantic Coast Conference is expected to show new signs of life, too. That is said with no disrespect toward last season's champion, Wake Forest, which provided one of the best story lines of 2007. The Demon Deacons begin this season in their customary position, overshadowed by the Virginia Techs, Miamis and Florida States.
It's not that Wake will find it difficult to duplicate its success in 2007 as much as the feeling that success engendered. Surprising success is the narcotic of sport. It never feels quite so euphoric the next time. Big East commissioner Mike Tranghese has figured this out. He refers to 2007, when a league looked down upon by fans and foes alike took three undefeated teams into November, as "Cinderella."
The fairy tale may be over, but the Big East has four genuine Heisman Trophy candidates in Louisville quarterback Brian Brohm, West Virginia tailback Steve Slaton and quarterback Pat White, and Rutgers tailback Ray Rice. Rutgers, as did Wake Forest and, of course, Boise State, proved last season that the have-nots in college football occasionally have quite a lot.
The Broncos' rousing 43-42 overtime victory over Oklahoma in the Fiesta Bowl has raised the profile of all schools in conferences that don't get automatic BCS bids. This season, TCU and Hawaii are the preseason favorites to burst through the BCS doors and earn an at-large bid. The Warriors return 14 starters from an 11-3 team, including quarterback Colt Brennan.
Brennan not only broke the single-season record with 58 touchdown passes in 2007, but he also led Division I-A in passing efficiency (186.0). The senior is expected to contend for the Heisman Trophy, and neither his success nor the rise of his team should come as any surprise in the 2007 season.
After all, Hawaii is the southernmost team in the country.
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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. “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).
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.
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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