NFL Football Betting

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NFL Football Betting News

• Ravens re-sign WR Mason
• Owings Mills, MD (Football Betting) - The Baltimore Ravens have agreed in principle on terms of a two-year contract with veteran wide receiver Derrick Mason. Mason became an unrestricted free agent after his five-year contract with t


• Rams re-sign TE Fells
• St. Louis, MO (Football Betting) - The St. Louis Rams re-signed tight end Daniel Fells on Wednesday. Per club policy, terms of the deal were not disclosed. Fells became a restricted free agent last Friday. The tight end caught 21


• Cardinals sign TE Becht, two others to one-year deals
• Tempe, AZ (Football Betting) - The Arizona Cardinals inked tight ends Anthony Becht, Stephen Spach and defensive end Jeremy Clark to one-year contracts on Wednesday. Becht played in all 16 games for the Cards last season, including 10 s


• Roughriders sign Cates
• Regina, SK (Football Betting) - The Saskatchewan Roughriders signed running back Wes Cates on Wednesday. Last season with Saskatchewan, he started 16 games and had 195 carries for 932 yards and five scores to go with 33 catches for 336 yards a


• Eagles ink Marlin Jackson to two-year deal
• Philadelphia, PA (Football Betting) - The Philadelphia Eagles announced Wednesday the signing of cornerback Marlin Jackson to a two-year contract. Financial terms of the deal remain undisclosed. Jackson, a five-year veteran who


• Redskins sign T Kemoeatu
• Ashburn, VA (Football Betting) - The Washington Redskins have signed nose tackle Maake Kemoeatu, the team announced Wednesday. Kemoeatu, 31, spent the entire 2009 season on the Carolina Panthers' injured reserve after suffering a torn


• Chiefs sign DT Shaun Smith
• Kansas City, MO (Football Betting) - The Kansas City Chiefs announced Wednesday the signing of defensive tackle Shaun Smith. Terms of the deal were not released. Smith appeared in only three games for the Bengals last season and recorded


• Roughriders extend QB Durant
• Regina, SK (Football Betting) - The Saskatchewan Roughriders have signed quarterback Darian Durant, the team announced Wednesday. Last season with Saskatchewan, Durant completed 339-of-561 passes for 4,348 yards and 24 touchdowns, w


• Bengals re-sign TE Coats
• Cincinnati, OH (Football Betting) - The Cincinnati Bengals re-signed tight end Daniel Coats on Wednesday. Coats has spent all three of his NFL seasons with the Bengals. Last year, he posted 16 catches for 150 yards in 16 games. Primaril


• Titans add LB Witherspoon
• Nashville, TN (Football Betting) - The Tennessee Titans agreed to terms on a multi-year contract with Will Witherspoon on Wednesday. Witherspoon started last season with St. Louis, but was traded to the Philadelphia Eagles in Oct

Football Betting

Betting Football

Football Betting Odds

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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Football Betting Odds

Stanley Cup betting

New York, NY – October 3, 2007 – The dress rehearsal is over! The NHL preseason has ended and now that fans have had a glimpse of what is to come it is time to hit the book! Stanley Cup odds are live at MySportsbook.com, the world’s largest online sportsbook and casino.

The Ottawa Senators and Detroit Red Wings remain on top of the odds charts after an impressive start in the preseason. Betting lines opened for both teams at 6-1 in June. Since then the Sens have fallen to 7-1 and the Red Wings are now caught in a pack including the defending champion Carolina Hurricanes, the San Jose Sharks and the Anaheim Ducks, all at 10-1.

MySportsbook.com has also posted props on each team’s point total for the regular season. The Senators lead the charge at 108.5 followed by the Ducks at 106.5. Detroit will attempt a repeat for the prize as the Red Wings are deadlocked with the Predators at 104.5 a piece. The temporary loss of highly touted rookie Evgeni Malkin puts a lot of pressure on the stick of assistant captain Sidney Crosby - his lowly Pittsburgh Penguins are listed at 71.5.

Even if bettors are not brave enough to put their money on the underdog, an early bet on the favorites at sportsbook.com tends to produce bigger payouts than a mid-season wager. Placing a $1,000 bet last summer on the Detroit Red Wings or Ottawa Senators would have paid out to $8,000 and $10,000 respectively, opposed to a $2,500 or $3,000 payout at the beginning of the playoffs.

Stanley Cup Odds    

Ottawa Senators Detroit Red Wings  Carolina Hurricanes   San Jose Sharks      Anaheim Ducks     Philadelphia Flyers  Calgary Flames      New Jersey Devils  Buffalo Sabres    Dallas Stars     New York Rangers   Nashville Predators   Vancouver Canucks  Colorado Avalanche   Minnesota Wild     Tampa Bay Lightning     Boston Bruins     Florida Panthers    Montreal Canadiens    Atlanta Thrashers  Toronto Maple Leafs   Edmonton Oilers       Phoenix Coyotes     Los Angeles Kings       New York Islanders    Columbus Blue Jackets   St. Louis Blues       Pittsburgh Penguins  Washington Capitals    Chicago Blackhawks

7-1 10-1 10-1 10-1 10-1 12-1 12-1 12-1 12-1 15-1 15-1 15-1 20-1 20-1 25-1 25-1 30-1 30-1 30-1 30-1 30-1 30-1 40-1 40-1 50-1 50-1 80-1 80-1 100-1 100-1

NHL Regular Season Points - Team Must Play 82 Games 

Team      Ottawa Senators       Anaheim Ducks  Detroit Red Wings    Nashville Predators  San Jose Sharks  Calgary Flames      Philadelphia Flyers     New Jersey Devils      Buffalo Sabres     Carolina Hurricanes        Dallas Stars           New York Rangers    Minnesota Wild      Atlanta Thrashers      Montreal Canadiens     Team         Los Angeles Kings            Tampa Bay Lightening    Vancouver Canucks  Boston Bruins        Colorado Avalanche  Edmonton Oilers   Phoenix Coyotes   Toronto Maple Leafs    Florida Panthers  Columbus Blue Jackets    New York Islanders    Chicago Blackhawks   St. Louis Blues   Washington Capitals  Pittsburgh Penguins

Over/Under 108.5 106.5 104.5 104.5 103.5 101.5 100.5 99.5 97.5 97.5 97.5 95.5 94.5 93.5 92.5 Over/Under 91.5 91.5 91.5 89.5 89.5 88.5 88.5 86.5 84.5 82.5 80.5 72.5 72.5 72.5 71.5

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NFL Football Betting Odds