Paul stars as Hornets edge Cavs
Basketball Betting Lines
12/12/2006 -
Oklahoma City, OK (Sportsbook Betting Lines) - Chris Paul scored 30 points and doled out
11 assists to lead the New Orleans/Oklahoma City Hornets to a 95-89 victory
over the Cleveland Cavaliers.
Anderson Varejao's 17 points and eight rebounds led the Cavaliers, who lost
for the first time in three games. Zydrunas Ilgauskas scored 15 points and
grabbed 12 rebounds for Cleveland, which suffered from a subpar night by
LeBron James, who finished with 15 points on a 7-of-18 performance from the
field. Daniel Gibson added 14 points for Cleveland.
Jannero Pargo scored 15 points for the Hornets, who snapped a two-game skid.
Marc Jackson scored 14 points, and Hilton Armstrong added 12 for the Hornets.
Desmond Mason also scored 12 points on the night.
A pull-up jumper by Paul broke an 89-89 tie, putting the Hornets up two with
1:45 left. After a Donyell Marshall miss, Pargo sank a jumper from the free-
throw line to put the Hornets up 93-89 with only 1:02 left. Pargo came back
with a strip of Daniel Gibson on Cleveland's ensuing possession, and the
Hornets drained the shot clock until Paul drove the lane, drawing a foul with
19.2 seconds remaining. The second-year point guard sank both free throws to
put the nail in the coffin, putting the Hornets up by six.
The Hornets had led 88-81 after a Pargo jumper with 4:45 left. The Cavs went
on an 8-1 run, though, and a Gibson jumper tied the game at 89-89 with
2:36 left in the fourth quarter. The Cavs were unable to score a point the
rest of the way.
Cleveland had led coming into the final 12 minutes, 73-72.
The final clutch shots by Paul and Pargo capped a neck-and-neck affair that
saw 13 lead changes and nine ties.
Cleveland led 25-21 after the first quarter, and the teams were tied 51-51 at
halftime.
Game Notes
The Hornets bench outscored Cleveland's, 41-24...Tyson Chandler pulled down 10
rebounds to go with his four points for the Hornets...The Hornets won despite
shooting 1-for-12 from behind the three-point line, a paltry 8.3 percent with
Pargo having the worst night, missing all six shots he took from long range.
<< Wade and Heat down Raptors
Miami, FL (Sportsbook Betting Lines) - Dwyane Wade poured in a season-high 37 points as
Miami dominated Toronto, 99-77, at AmericanAirlines Arena.
Wade finished 13-of-21 shooting and went 11-of-13 from the charity stripe
while Alonzo Mourning
<< Malkin lifts Penguins over Capitals in shootout thriller
Washington, DC (Sportsbook Betting Lines) - Evgeni Malkin's goal in the third round of
the shootout provided the Pittsburgh Penguins with an incredible come-from-
behind 5-4 win over the Washington Capitals at the Verizon Center.
Malkin and Sidn
<< Pierce, Celtics hold off Knicks
New York, NY (Sportsbook Betting Lines) - Paul Pierce had 31 points and seven rebounds
as the Boston Celtics held on to defeat the New York Knicks, 97-90, at Madison
Square Garden.
Al Jefferson added 14 points and 12 boards for Boston, which won
<< Carter hits nine threes to lead Nets past Grizzlies
East Rutherford, NJ (Sportsbook Betting Lines) - Vince Carter posted 37 points, eight
rebounds, five assists and four steals while scoring a franchise-record nine
three-pointers, as the Atlantic Division-leading New Jersey Nets matched a
franchi
<< Sixers flounder without Iverson, fall to Portland
Philadelphia, PA (Sportsbook Betting Lines) - Zach Randolph's driving layup with 2.4
seconds remaining lifted Portland over Philadelphia, 81-79, at the Wachovia
Center.
With the game tied, the Trail Blazers got the ball to Randolph above
Blues fire Kitchen; hire Andy Murray >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Blues have fired head coach
Mike Kitchen, replacing him with former Kings head coach Andy Murray,
president of hockey operations John Davidson announced on Monday.
Per team policy,
Bulls coast past ailing Pacers >>
Chicago, IL (Sportsbook Betting Lines) - Ben Gordon scored 23 points and was one of
seven Bulls players to post double-digit points as Chicago toppled the short-
handed Indiana Pacers, 106-91, at the United Center.
Luol Deng netted 22 points wh
Sloan gets win no. 1,000 as Jazz rout Mavs >>
Salt Lake City, UT (Sportsbook Betting Lines) - Jerry Sloan reached one of the NBA's
most significant coaching milestones, becoming the fifth head coach in league
history to achieve 1,000 career wins, when his Utah Jazz topped the Dallas
Maveric
Hester shines as Bears down Rams >>
St. Louis, MO (Sportsbook Betting Lines) - Rookie Devin Hester returned two kickoffs for
touchdowns as Chicago throttled St. Louis, 42-27, at the Edward Jones Dome.
The two scores gave the dynamic Hester six return touchdowns on the season,
a new N
No. 22 Oregon routs Bethune-Cookman to remain unbeaten >>
Eugene, OR (Sportsbook Betting Lines) - Bryce Taylor had 21 points to lead 22nd-ranked
Oregon over Bethune-Cookman, 92-64, at McArthur Court.
Joevan Catron added 15 points for the Ducks (8-0), who continued their best
start to a season in 10 y
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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.
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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