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East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants tight end Jake Ballard suffered a torn knee ligament in the Super Bowl, the team said Tuesday. Ballard tore the anterior cruciate ligament in his left knee during the fourth quarter of Sunday's win over the Patriots.
Replays on TV showed Ballard trying to run and cut on the sideline, perhaps hoping to get back in the game, then collapsing and grabbing his knee. He had 38 catches for 604 yards and four touchdowns this past season.
"Over the past number of years, Korey has been a central figure in our defense and on our team," said vice president of football operations and GM Wally Buono. "Having him under contract is a big part of our foundation moving forward and this is a very important extension."
Now entering his ninth CFL season, the former 2004 pick of the Ottawa Renegades has totaled 346 tackles, 34 interceptions, 21 sacks and 11 forced fumbles with two defensive touchdowns.
Did the oddsmakers totally blow this one? Probably, since the final tallies of the previous meetings between these two teams were 44, 31, 73 and 23. In addition, the Giants ended the regular season with three consecutive unders while sporting just one over in their other three postseason games. Furthermore, the Patriots were coming off a 43-point final against Baltimore.
When the Giants cashed in on the two-point play almost midway through the first quarter, it was the ninth time in the last 14 Super Bowls that a field goal or safety was the first score of the game. The 64% winning percentage does not match the under and underdog numbers, but it is also nothing to sneeze at.
Another winning percentage-based wager has to do with which player wins the MVP award. Quarterbacks have won it 64% of the time since 1999 with Eli Manning bringing home his second award. That percentage sounds great at first, but one has to remember that there are two quarterbacks in every game. The key is to pick the right one.
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Barry Bonds Watch: Giants Slugger Says He'll Be Back
With only 21 home runs standing between him and Hank Aaron, Barry Bonds is indeed planning on coming back for more in 2007. At least, that's what his agent told the Los Angeles Times.
"Barry's going to play in 2007," Jeff Borris of Beverly Hills Sports Council told the Times on Tuesday. "I've had many discussions with Barry and he's going to play. My intentions are to see to it he's in a big-league uniform next season. Those are my marching orders."
Contract negotiations could get started as early as next week. Let's see which team has the deeper pockets. Will MLB baseball betting lines despite allegations of steroid use? Bet On It at www.MySportsbook.com .
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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. “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).
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.
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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