Hockey "Cold War" rages on

Hockey Betting Lines

08/26/2010 - Philadelphia, PA (Sportsbook Betting Lines) - The Cold War may be a thing of the past in a political sense, but the battle between Russia and the West is still alive and well in the hockey world.

This week, representatives of the NHL and KHL, among numerous other ambassadors from international hockey leagues, gathered in Toronto for the World Hockey Summit. One hot topic was whether NHL players will be allowed to skate in the 2014 Winter Olympics in Sochi, Russia, but another, more-pressing issue took center stage.

That topic was the ongoing battle between the world's biggest and best hockey leagues, the NHL and Russia's Kontinental Hockey League. Since the KHL was formed in 2008, the league has placed itself in direct competition with the NHL by attempting to lure players to Russia. How successful the upstart league has been in achieving that goal is up for debate, but it's clear that the KHL has at least drawn the attention of the NHL.

On the surface, the leagues appeared to be civil towards one another in Toronto this week, but just like in the Cold War, the real battles are raging behind closed doors.

Former NHL player and current KHL executive Slava Fetisov, a Hockey Hall of Famer, did his best to highlight the supposed goodwill between the warring leagues when he said, "We need the help to grow together. I think we need the relationship with the NHL. But in reality, synergy is not on at the top of the list for either sides.

NHL Deputy Commissioner Bill Daly was more pragmatic in his assessment of current relationship between the leagues when he said, "I think, obviously, we have had some misunderstandings and disagreements and you only bridge those differences by continued dialogue. I think we have improved the level of dialogue in recent months and I hope that continues."

The real point of contention facing the leagues is that there is currently no transfer agreement in place between the NHL and KHL. Until an agreement is worked out regarding that issue, there are no rules of engagement when it comes to the KHL trying to lure players away from the NHL, or vice versa.

Up to this point, most of the NHL players who have decided to jump ship for the Russian league have been toward the end of their careers, but there is one name that keeps popping up as an example of the KHL's ability to draw talent away from North America. That player is former Nashville Predators forward Alexander Radulov, who signed a three-year deal with Salavat Yulaev Ufa of the KHL in the summer of 2008 despite having one season remaining on his contract with the Preds.

Both the NHL and the International Ice Hockey Federation condemned the signing, but without a transfer agreement in place, neither organization had any legal recourse to stop Radulov from leaving his NHL club. All the Predators could do was suspend Radulov for the 2008-09 season and lament the fact that they wasted a first-round pick on a talented player who decided his best career move was to play professionally in his home country.

Two years later, Radulov's exodus seems like an isolated incident but there are still no rules in place that could prevent another player from making the same decision. The very real possibility that a young player will simply pull ups takes and leave for the KHL has struck fear in the hearts of NHL general managers and possibly has led to only four Russian players being selected in the first round of the NHL Entry Draft over the last two years. After Radulov, a key question regarding any Russian prospect has been the player's desire to play in North America, something that is not as easy to gauge as whether or not a guy has the skill to be a success in the NHL.

As with the aforementioned issue regarding NHLers playing in the 2014 Olympics, the transfer agreement problem will not be solved before the NHL's current collective bargaining agreement expires on September 15, 2012 and there is a distinct possibility that the controversy will linger on even after a new CBA is agreed upon. After all, the KHL is a separate entity and doesn't have to bow to the NHL demands.

One hopes that cooler heads will eventually prevail for the sake of international hockey as a whole. While the Cold War between the Soviet Union and the U.S. went on for over 40 years, hopefully the NHL and KHL can find a more expedient solution to their problems.

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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.”

To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.

March Madness odds and printable March Madness brackets

With the field of 64/65 set, MySportsbook.com has the Florida Gators as the 4-1 favorite to successfully defend their National Championship.  Men’s Division-1 College Basketball has not seen a team repeat as National Champions since Duke won back to back championships in ’91 & ‘92.  After losing three out of four late in the season, the Gators are full of momentum as they won their last four games by an average of 18 points.  Not surprisingly, right behind the Gators are the other three top seeds: Kansas 5-1, UNC 6-1, and Ohio State 7-1.  Many consider Kansas to be the hottest team in the country, having won 11 straight. With Kansas, it is hard to ignore all of the early exits from the “dance” in recent years.  With an impressive ACC Tournament, UNC ensured themselves the other top seed.  UNC has about as much talent as any other team in the tournament but with a team that’s best players are primarily freshman and sophomores, could youth be a concern.  Behind freshman sensation, Greg Oden, OSU will look to do what their football team failed to do just a few months earlier.  OSU seems to have peeked at the right time, as they currently have a 17 game winning streak.  Since the tournament field was expanded in 1985, there has never been an instance where all four #1 seeds advanced to the Final Four.  It is obvious that each of the top seeds have the talent to make it through to Atlanta.  But as everyone knows, when makes the NCAA Tournament so special are all of the spoilers and “Cinderella” stories that knock off the favorites on a daily basis.

Be sure to logon to MySportsbook.com to see check out all of the early lines and “March Madness” props.  Also be sure to enter the “$10,000,000 Perfect Bracket Contest”. If someone has the skills to predict every winner, they will be set for life and walk away with $10,000,000.  Even if no one can cash in on the Grand Prize, with a $35,000 guaranteed prize pool and a Mazda RX-8 to the first prize winner, Sportsbook.com’s bracket is a must for all “March Madness” fans.

MySportsbook.com’s odds to win the Championship and Regions:

EAST National Championship Region
Arkansas 300-1 50-1
Belmont 1000-1
Boston College 100-1 40-1
Eastern KY 1000-1
George Washington 75-1
Georgetown 10-1 3-2
Marquette 100-1 40-1
Michigan State 100-1 25-1
New Mexico St. 500-1 200-1
UNC 6-1 6-5
Oral Roberts  500-1
Texas 15-1 5-1
Texas Tech 200-1 5-1
USC 75-1 20-1
Vanderbilt 100-1 30-1
Washington State 40-1 15-1
WEST
Duke 50-1 10-1
Florida A&M 1000-1
Gonzaga 200-1  40-1
Holy Cross 300-1
Illinois 300-1 60-1
Indiana 75-1 40-1
Kansas 5-1 13-10
Kentucky 100-1 40-1
Niagara 1000-1
Pittsburgh 40-1 8-1
Southern Ill. 50-1 12-1
UCLA 10-1 3-2
VCU 500-1 100-1
Villanova 100-1 40-1
VA Tech 50-1 15-1
Weber St 1000-1
Wright St 1000-1 300-1
MIDWEST
Arizona 50-1 30-1
Butler 40-1 30-1
Davidson 300-1
Florida 4-1 4-5
Georgia Tech 75-1 25-1
Jackson State 1000-1
Maryland 30-1 6-1
Miami-OH 300-1
Notre Dame 100-1 20-1
ODU 500-1 100-1
Oregon 40-1 6-1
Purdue 300-1 60-1
Texas A&M CC 1000-1
UNLV 100-1 30-1
Winthrop 500-1 100-1
Wisconsin 15-1 7-2
SOUTH
Albany 200-1
BYU 200-1 40-1
Central CT St. 1000-1
Creighton 100-1 35-1
Long Beach St. 500-1 200-1
Louisville 40-1 10-1
Memphis 30-1 4-1
Nevada 75-1 35-1
North Texas 500-1
Ohio State 7-1 6-5
Penn 500-1
Stanford 200-1 50-1
Tennessee 100-1 20-1
Texas A&M 12-1 11-5
Virginia 75-1 18-1
Xavier 100-1 40-1

Field                                              100-1

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