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01/31/2012 - Suspended minor league pitcher Daniel Reynolds 50 games for a second violation of MLB drug policy.

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<< City acquires Pizarro on loan from Roma
Manchester, England (Sportsbook Betting Lines) - Manchester City acquired Chilean David Pizarro on loan for the rest of the season Tuesday from Italian side Roma. Pizarro, 32, played under City manager Roberto Mancini at Inter Milan, but has played j

<< Indians acquire Canzler from Rays
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians acquired INF/OF Russ Canzler from the Tampa Bay Rays in exchange for cash considerations Tuesday. The 25-year-old Canzler was named the MVP of the International League last seas

<< Missouri's Tiguinho named MISL Player of Week
Tampa, FL (Sportsbook Betting Lines) - Missouri Comets forward Tiguinho was named the Major Indoor Soccer League's Player of the Week on Tuesday for Week 13. Tiguinho had two goals and five assists as Missouri rolled to a 33-12 win over the Syracus

<< Fulham signs Russian striker Pogrebnyak
London, England (Sportsbook Betting Lines) - Fulham signed Russian international Pavel Pogrebnyak from German side Stuttgart on Tuesday on a six-month contract. Pogrebnyak, 28, has played for Stuttgart since 2009, when he left Russian side Zenit. Po

<< Alouettes WR Watkins announces retirement
Montreal, QC (Sportsbook Betting Lines) - Montreal Alouettes wide receiver Kerry Watkins announced his retirement on Tuesday. During his eight-year career, Watkins caught 515 passes for 7,431 yards and 48 touchdowns. "We congratulate Kerr

Tottenham acquires Saha from Everton >>
London, England (Sportsbook Betting Lines) - Tottenham signed striker Louis Saha from Everton on Tuesday. Saha, 33, had two goals in his first seven games for Everton this season, but did not score in his last 13 games. The Frenchman started his c

Patrick secures starting spot in Daytona 500 >>
Kannapolis, NC (Sportsbook Betting Lines) - Danica Patrick will be guaranteed a starting position in the February 26 Daytona 500 due to a transfer of owner points from Tommy Baldwin Racing to Patrick's team, Stewart-Haas Racing. SHR and TBR announced

QPR completes Zamora signing >>
London, England (Sportsbook Betting Lines) - QPR made a late swoop on deadline day Thursday to sign striker Bobby Zamora from Fulham for an undisclosed fee. Zamora, 31, put pen to paper on a two-and-a-half year deal at Loftus Road to link back

Sporting Gijon fires manager Preciado >>
Gijon, Spain (Sportsbook Betting Lines) - Sporting Gijon fired coach Manuel Preciado on Tuesday, just days after the club lost for the sixth time in its last eight La Liga matches. Preciado was with Gijon for 5 1/2 seasons and led the club to the top

Timbers acquire midfielder Renken >>
Portland, OR (Sportsbook Betting Lines) - The Portland Timbers acquired midfielder and U.S. youth international Charles Renken off MLS waivers Tuesday. Renken, 18, has been a member of U.S. youth national teams since 2005 and most recently participa

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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SPORTS BETTING

NFL Football Betting Online

In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.

It is called the "pointspread."

Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.

But in modern sports betting, a "pointspread" is used.

A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.

In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.

The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .

Don't believe it? Just take a look at what happens around the Super Bowl.

Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking

Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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