Carpenter tops Power for first IndyCar pole at Kentucky
Autoracing Betting Lines
09/03/2010 -
Sparta, KY (Sportsbook Betting Lines) - Ed Carpenter earned his first pole in the IZOD
IndyCar Series after edging points leader Will Power in Friday's qualifying
for the Kentucky Indy 300 at Kentucky Speedway.
Carpenter, making just his third IndyCar start in the No.20 car for
Panther/Vision Racing this season, posted a two-lap average of 217.933 m.p.h.
around the 1.5-mile oval for his first career pole in his 102nd start. He also
became the 10th different pole sitter in 11 races at Kentucky.
"The way I kind of look at it, I'm trying to keep my career going during every
minute I'm in the car," Carpenter said. "I have to do the best that I can and
get the most out of it. I'm just having a lot of fun right now. The Panther
team is doing a great job, in addition with the Vision Racing part of it. It's
just a lot of fun."
Last year, Carpenter finished a career-best second at Kentucky. Ryan Briscoe
from Team Penske nipped Carpenter at the finish line by only 0.0162 seconds,
making it the seventh closest finish in series' history at the time.
Power captured the outside pole with a lap of 217.829 m.p.h. The Penske
driver's two-lap total time was just 0.0234 seconds behind Carpenter. Last
week at Chicagoland Speedway, Power finished a season-worst 16th after
experiencing a fueling issue during a late-race pit stop and then ran out of
gas while contending for the lead in the closing laps.
Carpenter's teammate, Dan Wheldon, will share the second row with Scott Dixon
from Chip Ganassi Racing.
Hideki Mutoh qualified fifth, followed by Bertrand Baguette, and Mario Moraes.
Penske teammates Helio Castroneves and Briscoe, who won the pole at
Chicagoland, took the eighth and ninth starting positions, respectively.
Tomas Scheckter, driving an entry for Conquest Racing, completed the top-10.
Dario Franchitti, who led the way in practice earlier in the day, qualified a
disappointing 11th. The Ganassi driver and defending series champion trails
Power by 23 points with three races to go.
All four drivers from Andretti Autosport struggled in qualifying. Marco
Andretti qualified 15th, while Danica Patrick placed 17th. Tony Kanaan nearly
crashed during his qualifying effort and wound up 26th. Ryan Hunter-Reay will
start last in the 27-car field after he spun around and backed into the wall
during his run.
Saturday's 300-mile race from Kentucky will start around 8:45 p.m. (et).
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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.
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.”
To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.
It's less than a month until the NHL hockey betting season opens at MySportsbook.com and preparations are underway for another battle in the race to hoist Lord Stanley's mug in 2007.
As cup crazy fans prepare to place their bets, one online sportsbook ,MySportsbook.com, is offering hockey betting lines on the 2007/2007 Stanley Cup , who will bring it home this upcoming season.
Despite a poor showing in last season's playoffs and the loss of Steve Yzerman to retirement, the Detroit Red Wings are early favourites at this online sportsbook with wagering odds of 6-1. The Wings will look to offensive powerhouse Pavel Datsyuk and newly appointed captain Nicklas Lidstrom to lead one of the league's most prominent franchises.
Always a threat are the Ottawa Senators, with newly acquired goaltender Martin Gerber from the Stanley Cup champion ,Carolina Hurricanes. The Sens are second best in the rankings at a 7-1 bet, and odds makers at this sportsbook are optimistic that the Ottawa squad will fare better than last season's Eastern Conference semi-final upset to the Buffalo Sabres.
Also worth noting are the defending Stanley Cup champs Carolina Hurricanes, a 10-1 bet to repeat. Behind the Canes are the New Jersey Devils, Calgary Flames, Buffalo Sabres, Philadelphia Flyers, and Anaheim Mighty Ducks all sit at 12-1. In the basement are the Washington Capitals, Chicago Blackhawks, and St. Louis Blues who all have 100-1 odds to win.
To visit this online sportsbook got to MySportsbook.com for all your hockey betting needs.
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