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07/12/2010 - Palermo, Italy (Sportsbook Betting Lines) - Wimbledon semifinalist Tsvetana Pironkova and Wimbledon quarterfinalist Kaia Kanepi were among Monday's opening-round winners at the $220,000 Palermo International tennis tournament.
The fourth-seeded Pironkova, of Bulgaria, got past Italian wild card Anna Floris 6-4, 7-6 (7-4), while the fifth-seeded Kanepi, of Estonia, defeated Paraguayan veteran Rossana de los Rios 7-5, 6-4 on the red clay at Country Time Club. Pironkova's second-round opponent will be 36-year-old American Jill Craybas.
Craybas fought her way past Uzbekistan's Akgul Amanmuradova 7-6 (12-10), 7-5, while another first-round result saw Colombia's Mariana Duque Marino handle Slovakian Zuzana Kucova 6-4, 6-0.
Sixth-seeded Peng Shaui pulled out of the draw here on Monday, citing a left ankle injury.
This week's top seeds are Italian favorite Flavia Pennetta, last week's Bastad titlist Aravane Rezai and another Italian, Sara Errani.
<< NCAA Tournament to begin with "First Four" games
Indianapolis, IN (Sportsbook Betting Lines) - The Division I Men's Basketball Committee
revealed its format for the newly expanded 68-team field in the NCAA
Tournament on Monday.
Beginning next March, eight teams will play early during th
<< Knicks officially sign PG Felton
New York, NY (Sportsbook Betting Lines) - The New York Knicks made it official on Monday
by signing free agent guard Raymond Felton.
Terms of the contract were not disclosed, but the New York Daily News
previously reported its a three-year d
<< Ducks sign LW Green
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks added some depth to the
forward position by signing left wing Josh Green to a one-year contract on
Monday.
The 32-year-old spent last season with Modo of the Swedish Elite League wh
<< Knicks still have cap space, but future is now
GREENBURGH, N.Y. (AP) -Enough talk about the salary cap. The New York Knicks think they can win now.New York introduced new additions Raymond Felton, Anthony Randolph, Kelenna Azubuike and Ronny Turiaf on Monday. Not quite the same as showing off Le
Haslem stays home; Heat now with five players >>
Miami, FL (Sportsbook Betting Lines) - Udonis Haslem has opted to stay in Miami, giving
the Heat a grand total of five players on their roster.
Haslem was an unrestricted free agent that, according to the Miami Herald, was
offered larger deals by th
Del Bosque tips Spain to dominate >>
Madrid, Spain (Sportsbook Betting Lines) - Delighted coach Vicente del Bosque believes
Spain can dominate world football for many years to come after their first-
ever World Cup final victory.
Andres Iniesta's extra-time goal proved decisive
Schweinsteiger plays down exit talk >>
Munich, Germany (Sportsbook Betting Lines) - Bayern Munich and Germany midfield ace
Bastian Schweinsteiger has admitted that he would like to try his luck abroad
at some point in the future, but has played down talk of an imminent transfer.
The
Doyle happy with Wolves stay >>
Wolverhampton, England (Sportsbook Betting Lines) - Wolverhampton Wanderers' star
striker Kevin Doyle has again moved to play down speculation linking him with
a move away from Molineux this summer.
The 26-year-old Republic of Ireland frontman
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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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