Baseball Betting

Elliott returns to Ottawa as Blues visit Sens

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02/07/2012 - (Sportsbook Betting Lines) - The Ottawa Senators decided last season that they wanted to upgrade their goaltending position. Now the man that they dealt away reappears in town as an All-Star.

Brian Elliott makes his return to Scotiabank Place this evening as a member of the St. Louis Blues almost a year after the Sens shipped him out of town for their current goaltender.

Elliott was a ninth-round pick by Ottawa in 2003 and appeared in 130 games with the club. He went 59-45-15 in that span with a 2.81 goals-against average and .903 save percentage, winning a career-high 29 games in 2009-10 with five shutouts. Elliott also went 1-2 in four playoff games that season.

Ottawa dealt the 26-year-old to Colorado on Feb. 18 of last year for Craig Anderson and Elliott went 2-8-1 in 12 games before signing with the Blues this offseason to back up Jaroslav Halak.

Elliott, though, has made 22 starts to Halak's 29 and was a participant in this season's All-Star Game. Both Elliott and Halak are among the league leaders with five shutouts each, while the former leads the NHL with a 1.69 GAA and is second with a .938 save percentage.

St. Louis head coach Ken Hitchcock is expected to give Elliott his first career start versus his former team tonight after going with Halak in the first two games following the All-Star break. Halak notched a 22-save shutout versus the Kings on Friday and was then dented for two goals on 36 shots in a 3-1 loss to Pekka Rinne and the Predators the following night.

Rinne made 41 saves for Nashville and allowed just a goal by St. Louis' Chris Porter. For the Blues, it was the third loss in four games and dropped them a point behind the Preds for second place in the Central Division.

"Obviously, Rinne played extremely well and made some big saves, but I think the thing we seemed to do in stretches was to get away from our game and try to find some cute way of passing it around him and that's exactly what they want," Blues forward Jamie Langenbrunner said.

Halak fell to 12-2-3 in his past 17 starts, posting a 1.56 GAA and .940 save percentage in that span, and has four shutouts in his last eight starts.

St. Louis, which is 9-0-2 versus the Eastern Conference this year, played without Jason Arnott due to a shoulder injury and lost the opener of a three- game swing. The Blues have lost seven of their past nine on the road and will look to win in Ottawa for the first time since Jan. 26, 2000. St. Louis has lost five straight as the guest in this series and snapped a five-game overall losing streak to Ottawa with a 5-2 home win last season.

Elliott started that game for the Senators and allowed five goals on 33 shots.

Anderson and the Sens will try to snap their season-high six-game slide this evening. The skid is the club's longest since an 0-9-2 drought from Jan. 14- Feb. 9 of last year and has dropped it seven points behind Boston for first place in the Northeast Division. The Sens are also sitting eighth overall in the East, now one point back of the Maple Leafs and three ahead of the ninth- place Capitals.

Ottawa lost ground to Toronto on Saturday with a 5-0 setback to the club. Anderson made 35 saves in his 17th straight start as the Senators were held to one goal or less for the fourth time on their skid.

"This is definitely the worst loss. It's against a big rival for us, a team we're battling with," Senators center Jason Spezza said. "You hope this is the end of it."

Ottawa plays the third of a season-high five-game homestand tonight.


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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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