IUPUI and Oakland collide for Summit League title

NCAA Basketball Betting Lines

03/09/2010 - Sioux Falls, SD (Sportsbook Betting Lines) - The IUPUI Jaguars and the Oakland Golden Grizzlies will battle tonight in the championship game of the Summit League Tournament. The prize for the winner is an automatic bid to the NCAA Tournament.

IUPUI, the tournament's second seed, beat seventh-seeded Western Illinois in the quarterfinal round and third-seeded Oral Roberts by a 69-65 final in yesterday's semifinals. The Jaguars are now riding a six-game win streak, and their only previous league title came back in 2003. They have lost in the championship game twice since capturing the crown.

Top-seeded Oakland knocked off eighth-seeded UMKC on Saturday before besting fifth-seeded IPFW, 71-58, yesterday. The Golden Grizzlies won their only conference crown in 2005, and they have also lost two championship games since tasting victory. Last season, they dropped a heart-breaking 66-64 decision to North Dakota State in the final. Oakland is riding a 10-game win streak, even more impressive than IUPUI's current run.

IUPUI and Oakland split a pair of meetings during the regular season, and the Golden Grizzlies own a 19-14 advantage in the all-time series.

There is a tremendous trio of players on the IUPUI roster, and Robert Glenn leads the group with 19.6 ppg behind 58.9 percent shooting from the floor. In addition to his scoring ability, Glenn leads the team with 6.4 rpg and 45 blocks. Alex Young checks in with 18.4 ppg, and Leroy Nobles provides 13.3 ppg on the strength of his 43.6 percent shooting from three-point range. The Jaguars are scoring 75.0 ppg while allowing 67.0 ppg to opponents. In the four-point win over Oral Roberts yesterday, Glenn tallied 18 points, Nobles scored 17 and Young added 16, as all three players performed well under pressure. IUPUI connected on 56.3 percent of its field goal attempts, the most obvious key to victory.

There are four double-digit scorers in the fold for Oakland, but center Keith Benson is clearly the best player on the roster. Benson is scoring 17.3 ppg on 54 percent shooting from the floor, and he is ripping down 10.3 rpg to go along with a block total of 110. Johnathon Jones provides 12.7 ppg for the Golden Grizzlies, and he has handed out a stellar total of 212 assists to complement his 60 steals. Derrick Nelson (11.7 ppg) and Larry Wright (11.0 ppg) round out the group for Oakland, which is posting 76.8 ppg while holding foes to 71.2 ppg. Blake Cushingberry came through with a huge performance for the Golden Grizzlies against IPFW, as the starting guard finished with 23 points. Benson posted 17 points, 17 rebounds and six blocks in that tilt, and Oakland held the Mastodons to 37.5 percent shooting from the floor.

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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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