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03/03/2009 - Philadelphia, PA (Sportsbook Betting Lines) - The first college basketball tournament I covered was so long ago that many basketball fans wouldn't even remember the name of the conference.
I spent the first weekend of March, 1979 covering the Pacific Coast Athletic Association tournament in the shadow of Disneyland at the Anaheim Convention Center. I wasn't quite prepared for 12 hours of basketball, watching four quarterfinal-round matchups from 12 noon to 12 midnight, but over the years the concept has grown on me.
Eventually, the University of the Pacific, led by a 6-10 center named Ron Cornelius, held off Utah State to earn an automatic bid in the NCAA tournament - an event that had just expanded to 48 teams that year. UOP's tournament experience would last just one game, as the Tigers were waxed in the opening round.
Years later, the PCAA changed their name to the Big West Conference, so that ESPN could promote something called "Big Monday," with games from the Big East, the Big 10 and the Big West. The PCAA moniker slipped into the dark recesses of history.
Thirty years after my first tourney experience, the concept of the postseason basketball tournament - first started by the Southern Conference in 1922 - is still going strong.
The next two weeks of the college basketball season are among my favorites in the entire sports calendar. Like most college basketball fans, I love having the chance to see teams you seldom see on national television battle their way into the NCAA field.
If it were up to me, I'd make the conference tournaments a do-or-die proposition for every league, with only regular-season conference champions immune from the sudden death of the tournament format.
Three conference tournaments tip off on Tuesday night at campus sites with first round action - the Big South, the Horizon and the Ohio Valley, as March Madness commences.
The Big South will have seven teams trying to end Winthrop's four-year stranglehold on the league's automatic bid, though it might be asking too much for the Eagles to repeat in 2009.
Winthrop, which has offered up some memorable March moments in recent NCAA tournaments, has been rebuilding this year with an 11-18 record and will be on the road at UNC Asheville, and in every subsequent game, if it hopes to unleash some postseason magic.
A year ago, that matchup had an NCAA bid attached to it in the Big South championship game, with Winthrop winning 66-48 at UNCA. This year, the Eagles and the Bulldogs will just be trying to extend their seasons until Thursday.
Radford (18-11) comes in as the top seed in the Big South and will host beleaguered High Point (9-20) in the quarterfinals. The Highlanders could get pushed by two other stalwart teams from No. 2 seed VMI (22-7) and No. 3 Liberty (21-10). VMI entertains Coastal Carolina and Liberty meets Gardner- Webb in the first round.
Few people probably remember VMI making back-to-back trips to the Elite Eight and the Sweet 16 in 1976-77, with future-NBA performer Ron Carter leading the way. The Keydets haven't been back to the NCAA tournament since.
The Big South's semifinals and final will be televised on Thursday night and Saturday by ESPNU and ESPN2, respectively.
The Horizon League, another loop that has pulled off some inspiring NCAA upsets in recent years, also gets started on Tuesday night with its 10-team event. Former giant killer Cleveland State, the third seed at 21-10, is the highest-seeded team in action in the first round.
Many people probably still remember Cleveland State marching to the Sweet 16 in 1986 with wins over Indiana and St. Joseph's before David Robinson and Navy knocked them off, 71-70.
The top two seeds, Butler (25-4) and Wisconsin-Green Bay (22-9) will wait until Saturday to get started in the semifinals, which are on ESPNU. The championship game will be played at Butler's historic Hinkle Fieldhouse on March 10 and televised by ESPN.
The OVC gets into the swing of things on Tuesday with quarterfinal action at campus sites before moving to Nashville's Sommet Center for the semifinals and final. Top-seeded Tennessee-Martin has put together a sparkling 21-8 campaign, but the Skyhawks will need three more wins to get their first NCAA bid.
UTM opens play by hosting Tennessee Tech (12-17), but will likely receive bigger challenges from defending champion and No. 2 seed Austin Peay (17-12), or No. 3 Murray State (18-11) - a 13-time OVC tournament champion.
One of my earliest memories of watching the NCAA tournament was seeing a colorful player named Fly Williams leading Austin Peay in the early 1970s. And I nearly witnessed a No. 16 seed beat a No. 1 in the 1990 Southeast Regional in Knoxville, TN, when Popeye Jones and Murray State pushed Michigan State to overtime before losing 75-71.
The OVC will have its semifinals and final televised on Friday and Saturday by ESPNU and ESPN2 as the first conference to conclude its tournament.
Tournament play will kick off on Wednesday in the Atlantic Sun and the Patriot League, on Thursday in the Northeast Conference and the Missouri Valley, on Friday in the American East, the Colonial Athletic Association, the Southern and the West Coast and on Saturday in the Big Sky.
For a college basketball fan, whether at the arena or watching on television, it's hoop nirvana.
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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. “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).
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.
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 |
About MySportsbook.com MySportsbook.com is the largest sportsbook and casino on the planet, where millions of adult Americans bet on sports, play poker and enjoy blackjack and other casino games online in a regulated and licensed jurisdiction. Named the "Best US Sports Book" by the industry's top magazine, eGaming Review, MySportsbook.com has been leading the online gaming industry since 1996. Dwarfing its nearest competitors in the US, MySportsbook.com has been the first to achieve every significant industry milestone, from record turnover to active users to number of bets--achieving a peak of fifteen bets per second. As the US online gaming leader, the firm and it's products have been featured on CBS 60 Minutes, CNN, ESPN, Wall Street Journal, Barrons, Financial Times, USA Today and in every major newspaper in the US.
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