Arkansas Derby at Oaklawn has field of nine

Horseracing Betting Lines

04/07/2010 - Hot Springs, AR (Sportsbook Betting Lines) - Rebel Stakes runner-up Noble's Promise tops a field of nine Kentucky Derby hopefuls for Saturday's $1 million Arkansas Derby at Oaklawn Park. The 1 1/8-mile race has a post-time of 5:45 p.m. (et).

Owned by Chasing Dreams Racing, the colt will start from post three with Robby Albarado returning to ride. Noble's Promise is trained by Ken McPeek and is 2-1 in the morning-line.

"I'm pretty sure that this horse can handle running here," said assistant trainer Walter Blum, Jr., "then back in the (Kentucky) Derby in three weeks. He's a very tough horse. He had a nick on his ankle after winning the Breeders' Futurity at Keeneland. But it didn't really stop him before the Breeders' Cup, where he was third."

Noble's Promise has won three of seven career starts for $793,500. In 2008 he won the Fitz Dixon Stakes at Presque Isle Downs and Keeneland's Breeders' Futurity Stakes. Following his third in the Breeders' Cup Juvenile he was second in the CashCall Futurity to Lookin At Luck who won the Rebel Stakes.

Blum, who was the regular exercise rider for 2008 Kentucky Derby champ Big Brown, favorably compares the two colts.

"He's just as good, if not better," Blum said of Noble's Promise. "He doesn't have the bad feet that Big Brown had, but that's what made him special, in that he overcame so much. He (Big Brown) was better suited for the turf, so that made his wins on the dirt special, too. Noble can run on grass, poly or dirt. He could probably run over broken glass."

Super Saver, the third-place finisher in the Tampa Bay Derby, has been made the 9-5 favorite for the 74th Arkansas Derby. The three-year-old colt will start from the inside post with Calvin Borel riding.

Trained by Todd Pletcher, Super Saver is owned by WinStar Farm. The colt was making his 2010 debut in the Tampa Bay Derby where he was the 3-2 favorite. After setting the early pace he faded down the stretch to finish behind Odysseus and Schoolyard Dreams.

Last year he won the Kentucky Jockey Club Stakes at Churchill Downs after finishing fourth at Belmont Park in the Champagne. Super Saver has earned $201,232 in five career starts with two wins.

Hall of Fame trainer D. Wayne Lukas sends out Dublin in the Arkansas Derby. Third in the Rebel, Dublin will break from post two with Terry Thompson in the saddle. The chestnut colt is the third choice at 7-2.

Owned by Robert Baker and William Mack, Dublin began the year by finishing second to Conveyance in Oaklawn's Southwest Stakes. The colt has earned $308,623 with two wins in seven starts. His only stakes victory was the Hopeful at Saratoga last September.

Here is the complete field for the Arkansas Derby in post position order: Super Saver, Calvin Borel, 9-5; Dublin, Terry Thompson, 7-2; Noble's Promise, Robby Albarado, 2-1: Northern Giant, Victor Espinoza, 8-1; Uh Oh Bango, Shaun Bridgmohan, 15-1; New Madrid, Abel Castellano, Jr., 20-1; Berberis, Aaron Gryder, 30-1; Line of David, Jon Court, 15-1 and Pulsion, Corey Nakatani, 15-1.

The Arkansas Derby will be televised on NBC along with the Blue Grass Stakes from Keeneland.

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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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