Wrong year for Life At Ten to be so good

Horseracing Betting Lines

07/19/2010 - Philadelphia, PA (Sportsbook Betting Lines) - When the two leading thoroughbreds in training are also the top female racehorses in the country, it becomes difficult for any other filly or mare to get recognized.

This is the situation that confronts five-year-old mare Life At Ten. Almost any other year the Todd Pletcher-trained horse would be mentioned as a serious contender for the Eclipse Award as champion older female and even Horse of the Year.

This year, as most people know, has been graced with the continued racing of 2009 Horse of the Year Rachel Alexandra and Breeders' Cup Classic winner Zenyatta. Their respective connections have aided thoroughbred racing by keeping the two ladies in training.

However, the two champion females take away the spotlight from the other top thoroughbreds this year.

Life At Ten, owned by Candy DeBartolo, easily captured this past Saturday's running of the $750,000 Delaware Handicap. As the odds-on favorite, she set a slow pace on Delaware Park's main track in the 1 1/4-mile race and was able to open up down the stretch to defeat her five rivals by three-lengths.

"She was fortunate to get an easy first quarter and half," noted Pletcher, "and she really had a lot left in the stretch. We will probably look at the Personal Ensign (August 29) at Saratoga next and go from there. It is just special to win the Delaware Handicap because it is such an important race for fillies and mares. We have always looked at the Del 'Cap as a great opportunity. It has a great tradition and great purse and we have been fortunate enough to win the race four times."

Life At Ten is undefeated in four starts this year, including wins in the Ogden Phipps and Sixty Sails Handicaps. The five-year-old has had five different jockeys in her last six starts, something neither Rachel nor Zenyatta need to concern themselves about.

The question is whether Life At Ten will face either of the top two females in a race this year. Rachel, who is based at Saratoga, will start in this Saturday's $400,000 Lady's Secret at Monmouth Park at 1 1/8-miles.

The Personal Ensign would have set up perfectly for the defending Horse of the Year. However, majority owner Jess Jackson is an unconventional personality who doesn't follow the 'rule book' when it comes to selecting races for his four- year-old filly.

Zenyatta is most likely to make her next start at Del Mar on August 7 in the $300,000 Clement L. Hirsch Stakes at 1 1/16-miles, a race she has won the last two years.

Don't expect Zenyatta to venture outside of California until the Breeders' Cup at Churchill Downs in November.

Life At Ten has started at four different tracks in her last four races, a trend that allows more race fans the opportunity to view this highly talented mare.

Now within $11,000 of becoming a millionaire, Life At Ten is not to be overlooked the remainder of the 2010 racing season. If you get the chance to see her run, don't pass up the opportunity.

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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.

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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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.

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