Bradley, Steele lead Franklin Templeton Shootout

Golf Betting Lines

12/10/2011 - Naples, FL (Sportsbook Betting Lines) - PGA Champion Keegan Bradley and Brendan Steele teamed for a 10-under 62 on Saturday to take the second-round lead of the Franklin Templeton Shootout.

Bradley and Steele, first-round co-leaders, finished at 19-under 125 and are shot clear at the Gold Course at Tiburon Golf Club.

Bradley and Steele shared Friday's lead with the Champions Tour pair of Mark Calcavecchia and Nick Price. Those two teams will be in Sunday's final group again. Calcavecchia and Price overcame a bad start with a nine-under 63 and are second at minus-18.

Bradley and Steele, both rookies, combined for three wins on the PGA Tour this year. Bradley's biggest victory came at the PGA Championship, where Steele was the third-round leader.

Calcavecchia and Price both won on the Champions Tour this season. They've combined for two British Open titles and had fun playing with their much younger peers on Saturday.

"It's enjoyable playing with those two kids," Calcavecchia said in a televised interview. "I've always enjoyed coming to play. This is fun. We're in the last group tomorrow."

Rory Sabbatini and Jhonattan Vegas fired Saturday's lowest round, a 12-under 60, and are third at minus-17.

Saturday's format was better ball. Sunday's scramble is a format that always yields low scores.

"We'll have Steeley (Steele) hit his drive down the middle and I'll swing as hard as I can," Bradley said on TV.

Bradley and Steele caught fire right before the turn with three straight birdies from the eighth. Bradley birdied 13 and 14 to get the team to 17-under par.

Steele made a nice par save at the 15th, then Bradley drained an eight-footer for birdie at 16. Steele two-putted the par-five 17th for his side's final birdie.

"It was a lot of fun," Bradley said.

Jerry Kelly and Steve Stricker paired for a seven-under 65 and are tied for fifth with Kenny Perry and Scott Stallings (62) at 15-under 129.

Charles Howell III and Justin Leonard (62), Anthony Kim and Webb Simpson (63) and Sean O'Hair and Jason Dufner (64) are tied for seventh at 14-under par.

Tournament host Greg Norman and his partner Scott McCarron shot a 10-under 62 and share 10th with Chad Campbell and Chris DiMarco, who managed a nine-under 63. The two teams came in at minus-13.

Stewart Cink and Bo Van Pelt carded a 10-under 62 and are last at 12-under par.

NOTES: Ian Poulter and Dustin Johnson won last year, but neither are in the field this week...Stricker and Kelly captured the title in 2009.

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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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