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Ovechkin's red-hot Caps host Crosby and Pens

Hockey Betting Lines

02/07/2010 - (Sportsbook Betting Lines) - The hottest team in the NHL will take on the defending Stanley Cup champions today when Alex Ovechkin and the Washington Capitals welcome Sidney Crosby's Pittsburgh Penguins for an Eastern Conference showdown at Verizon Center.

The Capitals won their 13th consecutive game Friday night, extending the franchise-record winning streak with a triumph over visiting Atlanta. Washington comes into today with 86 points, placing the Caps one point ahead of San Jose for the most in the NHL.

Pittsburgh, which ousted Washington in last spring's conference semifinals en route to the Stanley Cup, has lost two of its last three games and is coming off Saturday's loss in Montreal. The Penguins have 71 points and are three behind New Jersey for first place in the Atlantic Division.

The Capitals have won the only meeting with Pittsburgh this season, notching a 6-3 victory in the Steel City on January 21. Ovechkin had two goals and an assist to lead Washington, while Crosby had a goal for the Pens.

Ovechkin has 24 points (12 goals, 12 assists) in 17 career games against Pittsburgh and Crosby has nine goals and 18 assists in 16 appearance versus the Caps.

Washington has taken five of the last seven regular-season matchups with the Penguins, but Pittsburgh has eight wins in its last 12 trips to D.C.

The Caps recorded a 5-2 victory Friday against the Thrashers, improving Washington's record this year against Southeast Division opponents to 13-2-0. Ovechkin and Nicklas Backstrom each had a goal and assist for the Caps, who hold a 25-point lead over second-place Tampa Bay in the Southeast.

Michal Neuvirth made 43 saves in the victory, as Washington became the first NHL club to win 13 in a row since the 2000-01 New Jersey Devils did so. The 1992-93 Penguins were the last club to win 14 in a row when they set an NHL record with 17 consecutive victories from March 9-April 10, 1993.

"We want to win, but the most important thing is wins in the future," Ovechkin said. "Right now we keep winning, but we'll think about the playoffs and we'll think about what we have to do better in the playoffs."

Alexander Semin and Jason Chimera scored 68 seconds apart in the third period, while Mike Green scored on an empty net to secure the game for Washington, which hasn't lost since January 12.

Washington has won 10 straight on home ice and can set a new club record for consecutive home wins tonight. The Capitals, who will play their next four games on the road, are 22-3-3 as the host this year.

The Penguins were dealt a 5-3 loss by the Canadiens on Saturday afternoon. Brian Gionta recorded two goals and one assist to lead Montreal to the home victory.

Evgeni Malkin posted a goal and one assist for the Penguins, who had won four of five coming in. Bill Guerin and Pascal Dupuis added scores as well.

Starter Marc-Andre Fleury was pulled in the third period after allowing four goals on 28 shots. Brent Johnson finished the contest by yielding one score on four shots.

Pittsburgh, which is 18-12-0 as the guest this year, will begin a four-game homestand Wednesday against the New York Islanders.

On the injury front, Pens forward Chris Kunitz, out since January 3 due to abdominal surgery, has resumed practicing and could be back in the lineup as soon as today. The 30-year-old has produced six goals and 14 assists in 30 games this season.


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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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