Another pole for Newman at PIR

Autoracing Betting Lines

04/10/2008 - Phoenix, AZ (Sportsbook Betting Lines) - Ryan Newman captured the pole for Saturday night's Subway Fresh Fit 500 at the Phoenix International Raceway. The No.12 Alltel Dodge circled the flat one-mile oval in 26.975 seconds (133.457 m.p.h.).

The pole victory was Newman's first of the season, record fourth at PIR and 43rd of his Sprint Cup career. It's been an eventful week for the Penske driver who received a 25-point penalty earlier in the week after failing post- race inspection in Texas.

"It wasn't a perfect lap, but it was a very good lap," said Newman, the track qualifying record holder (26.499 seconds in 2004). "I want to thank everybody at Penske Racing."

Starting alongside Newman will be Elliott Sadler who posted a time of 26.984 seconds.

Row two will consist of Carl Edwards (26.991), who won last week's race and Mark Martin (26.993). They were the only drivers to break the 27-second barrier.

"I think we are going to be pretty competitive on Saturday night," said Edwards, who leaders the series with three wins.

Other drivers of note and their starting positions: Kasey Kahne (fifth), Kyle Busch (sixth), two-time defending series champion Jimmie Johnson (seventh), Martin Truex Jr. (ninth), Jeff Gordon (11th), Tony Stewart (12th), Dale Earnhardt Jr. (13th), Kevin Harvick (17th) and Matt Kenseth (27th).

Kyle Petty and John Andretti failed to qualify for the race.

If the Chase for the Sprint Cup started today, there would be some very big names left without a "ticket to the dance." NASCAR invites just 12 drivers to compete in the "Chase." Currently outside the top-12 are: Kenseth, Gordon and Kurt Busch - all former series champions. Others who would be left off the list include: Truex Jr., who made last year's Chase, Juan Pablo Montoya, Jamie McMurray and Casey Mears.

Kenseth, the 2003 Sprint Cup Champion, is the closest to qualifying for the "Chase," just 54 points behind both Kahne and Clint Bowyer.

Gordon, part of the Hendrick Motorsports team of drivers which dominated in 2007 winning 18 of 36 events, has been frustrated for much of the season trying to find the right setup.

"I can't remember the last time we struggled this bad," said the four-time series champion.

In 2008 a Kurt Busch sighting in the top-10 has been a rare event. After pushing Penske teammate Ryan Newman to the victory at Daytona in February, Busch, the 2004 Sprint Cup Champion, has failed to earn a top-10.

But the good news for these guys and the rest of the drivers outside the top-12 is that there is plenty of time left to get it together and make the "Chase." There are still 19 races remaining before the Sprint Cup "regular" season ends in Richmond on September 6th.

Gordon is the defending champion both at PIR and the next race in Talladega.

The race is scheduled to drop the green flag on Saturday at 8:30 p.m. (et).

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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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