Bulls hope to have Rose in New Orleans

Basketball Betting Lines

02/08/2012 - (Sportsbook Betting Lines) - The best from the NBA's Eastern Conference meets the worst from the West when the Chicago Bulls resume their grueling nine-game road trip against the lowly Hornets in New Orleans.

The Bulls won their third straight contest and improved to 4-2 on the trek with a 108-87 blowout win over the New Jersey Nets on Monday. Chicago shot 55.6 percent from the floor, made nine three-pointers and went 19-of-23 from the foul line en route to the easy win.

The news wasn't all good for the Bulls, however, who lost star guard Derrick Rose in the second quarter to lower back spasms. The reigning MVP had just four points in nearly 11 minutes of action before leaving.

Carlos Boozer led the way with 24 points, six rebounds and five assists for Chicago, which improved to 21-6 on the season. Luol Deng added 19 points.

"We're a good team. If I play or if I don't play, I know that we're going to go out there, compete and play hard every single second when we're out there," said Rose.

Rose is listed as questionable tonight and wants to play but the Bulls may consider resting him against a poor New Orleans team, which has dropped 21 of 23 games since starting the season 2-0. Rose's running mate in the backcourt, Rip Hamilton, is also questionable with a nagging groin problem.

The Bulls, who are 12-5 as the visitor, will finish their lengthy trip with visits to Charlotte and Boston before returning to the Windy City for six-game residency.

Things continue to go south for the Hornets, who dropped the opener of a four- game homestand to Sacramento on Monday. New Orleans had five players in double figures in the 100-92 setback led by Greivis Vasquez's 20 points and nine assists.

Emeka Okafor had 19 points and Chris Kaman added a 10-point, 12-rebound double-double in his first game since January 23 for a Hornets team that has dropped six straight and 15 of 16.

"Give them credit," said Hornets head coach Monty Williams. "They came out with more intensity. We gave up 61 points in a half after holding them to 39 points in the first half. It's a tale of two halves once again, and down the stretch in the fourth quarter, we can't pull the game out."

Part of New Orleans' problems stem from injuries. High-scoring guard Eric Gordon remains out with a balky right knee, capable big Carl Landry is sidelined due to a sprained left knee, guard Jarrett Jack has been wrestling with a sore left and knee and center Jason Smith is struggling with concussion related symptoms.

The Hornets, who are just 2-12 in the Big Easy, will also face Portland and Utah on their residency.

The Bulls have won six straight over New Orleans.

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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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