Brodeur, Devils take on Wild

Hockey Betting Lines

03/20/2009 - (Sportsbook Betting Lines) - Martin Brodeur will be back between the pipes for the New Jersey Devils when they try to rebound from a loss in tonight's home test against the Minnesota Wild.

Brodeur was given a rare rest on Wednesday -- just one night after the legendary goaltender set the NHL's all-time record for victories -- and the Devils had a four-game winning streak halted at Carolina.

Kevin Weekes spelled Brodeur on Wednesday and stopped 28-of-32 shots in a 4-2 loss to the Hurricanes. Brodeur had defeated Chicago in New Jersey on Tuesday to earn the 552nd win of his career and pass Patrick Roy for the record.

Zach Parise and Brian Gionta tallied for the Devils, who lost for just the second time in 10 games.

The Devils come into tonight's contest with an 11-point lead over Pittsburgh and Philadelphia for first place in the Atlantic Division. With 95 points, Jersey is also just five points behind Boston for the Eastern Conference's top seed.

New Jersey has won a club-record 10 straight games on home ice and is 25-10-1 as the host this season. Following tonight's test the Devils will head back out on the road, as they are scheduled to begin a three-game trip Sunday in Boston.

Meanwhile, the Wild are fighting for their playoff lives and are currently just outside the Western Conference postseason picture. Minnesota has 74 points on the year and is just three behind Edmonton and Nashville, who are occupying the conference's final two playoff berths.

The Wild ended a four-game losing streak with Tuesday's close victory over Colorado, but despite that recent slide have recorded at least a point in five of their last six contests (2-1-3).

Minnesota recorded a 3-2 victory over the Avalanche as Nick Schultz tied the game late in the third period and Marek Zidlicky netted the deciding goal in the shootout, leading the Wild to the win at Xcel Energy Center.

Stephane Veilleux also scored in regulation for the Wild, while Niklas Backstrom stopped 24 shots for the win.

Minnesota is just 14-18-2 as the visiting team this season and has lost three straight, four of five and seven of its last nine road tests. The Wild will return home for Sunday's game against Edmonton, but will then head back out on a four-game road trip.

New Jersey is 5-1 with two ties in the eight all-time meetings against the Wild. Minnesota has never won in New Jersey, going 0-3 with a tie in the Garden State.

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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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