Fans flock to Strasburg's major league debut

Baseball Betting Lines

06/08/2010 -

WASHINGTON (AP) -The crowd outside Nationals Park buzzed anxiously. Some were worried about getting to their seats early. Some were nervous about getting seats at all. All of them were on edge about Stephen Strasburg's major league debut Tuesday night against the Pittsburgh Pirates.

``It's history in the making,'' said Mark Cunningham, 20, of Leesburg, Va.

Cunningham, home from his sophomore year at Newmann University in Pennsylvania, was positioned near the front of the ticket line for grandstand seats, which went on sale at 4:35 p.m. for $5 each. The line snaked across the street from the stadium's main entrance and down the next block.

``I'm not a Nationals fan, but I wanted to say I was here for Stephen Strasburg's first start,'' Cunningham said. ``He has received the most hype of any player in any sport since I've been a sports fan.''

Strasburg - last year's No. 1 draft pick who many are speculating will be the saving grace of the Nationals' losing record - was all anyone was talking about. Fans worried about how long he would be able to pitch, and how well he could do in the big leagues.

Expectations - and the potential for disappointment - were high.

``He represents almost a symbol of optimism,'' said Doug Linton, 62, a retired intelligence officer, who refers to Strasburg as ``Saint Stephen.''

Linton, a fan for 58 years - dating back to when the Washington Nationals were the Senators - said he can't remember this much buzz surrounding any one ballgame or one ballplayer.

``It's big for baseball, across the board,'' said the South Riding, Va., resident. ``(Strasburg) was the most sought after draft pick certainly in my lifetime.''

As a young boy, Linton used to pay 50 cents to ride the bus from Maryland to the old Griffith Stadium, and 50 cents for the baseball ticket. On Tuesday, he paid $75 for his seat, and he considered that a good deal. Some tickets were going for $1,000 and up.

Lindsay LeRoy, 29, and Rob McInturf, 30, were visiting on business from Wilmington, N.C. They bought their tickets on the Internet last week for $10 before the team announced Strasburg would be pitching.

``It was absolute luck,'' McInturf said.

Ticket holders and others hoping to score coveted seats started congregating outside the gates hours before game time. The stadium is sold out; 2,000 standing room only tickets went on sale at 1 p.m for $10 apiece. Hundreds of press credentials have been requested for the game, forcing management to convert a dining area to a makeshift media room. The circumstances are unusual, considering Nationals Park has sold out only one other game this year - the season opener.

Tom McGuire, 47, of Arlington, Va., bought three tickets last week for $38 each and pulled his sons Tommy, 9, and Jimmy, 12, out of school early as a surprise. He originally told them they were headed to a doctor's appointment.

``I thought that sounded odd,'' Jimmy said.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

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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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