Without All-Stars, Hornets get upended by Grizzlies

Basketball Betting Lines

02/09/2009 - Memphis, TN (Sportsbook Betting Lines) - Rookie star O.J. Mayo scored 22 points and pulled down 16 rebounds, as the Memphis Grizzlies defeated the undermanned New Orleans Hornets, 85-80, in a poor shooting display at the FedEx Forum.

Mike Conley added 18 points and eight assists for the Grizzlies, who have won four of their last five games. Hakim Warrick totaled 15 points and 14 boards for Memphis, which shot 36.4 percent (28-of-77) from the field and set a franchise-record with 64 rebounds.

Peja Stojakovic had 23 points and seven caroms to pace the Hornets, who were without the services of two All-Stars. Point guard Chris Paul was inactive for the fourth straight game with a strained right groin, while forward David West served a one-game suspension for committing a flagrant foul type two during Sunday's 101-97 victory over Minnesota.

James Posey and Antonio Daniels scored 11 points apiece for New Orleans, which shot a lowly 29.5 percent (26-of-88) from the floor and lost for the fifth time in its last seven games.

After trailing 22-21 after the opening 12 minutes, the Grizzlies emerged with a slim 40-39 edge at the break. A Darko Milicic dunk gave the home team a 60-48 lead with 3:45 remaining in the third quarter, but New Orleans battled back, going on an 18-6 run that carried over to the fourth quarter to even things up at 66-66.

Mayo nailed a jumper and Warrick converted 1-of-2 at the foul line to make it 77-71 with about 3 1/2 minutes remaining in the game. Posey drained a three- pointer with seven seconds remaining to draw the visitors within 83-80, but Mayo sealed the win at the charity stripe.

Game Notes

Memphis small forward Rudy Gay missed his second straight contest with a strained hip flexor...Marc Gasol provided 10 points and 10 rebounds in the win for the Grizzlies, who snapped a seven-game skid against the Hornets...Memphis improved to 12-18 at home this season, while New Orleans fell to 12-11 on the road.

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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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