Baseball Betting

Real Madrid sold its 'soul' to Schalke

Soccer Betting Lines

07/29/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Raul in Royal Blue? Fitting, I guess, even if it's tough to imagine. Raul ended his 16-year stay at Real Madrid this week and started his second life at Schalke on Thursday.

Signed to a "lifetime contract" by Real Madrid just two years ago, the Spanish legend was allowed to walk away from the only club he's ever known. He has 323 goals in 741 career games, but the 33-year-old was no longer wanted.

Real Madrid has made this mistake before, just not at this Everest-like level. Just last offseason, Real discarded Arjen Robben and Wesley Sneijder and their new teams, Bayern Munich and Inter Milan, made the Champions League final.

There comes a time in every player's life, even those with so-called "lifetime contracts," when it's time to hang it up. But Raul still had plenty to give Real - just ask Schalke coach Felix Magath.

"We can present the fans," Magath said at a news conference on Thursday, "with one of the best players in the world."

Raul will trade his iconic No. 7 Real Madrid jersey for Schalke colors, though that's almost like picturing Cal Ripken in Yankee pinstripes.

"He was the soul of Real Madrid," Italy's Francesco Totti said on his website.

That said, just a few thousand fans came to the Bernabeu to send him off. A year ago, the stadium was almost full when Cristiano Ronaldo arrived. How easily we forget Raul led Real Madrid to three Champions League titles.

Although Raul's role was limited last season for Real, he still appeared in 40 games in all competitions. He scored twice in the Champions League, increasing his own record to 66 career goals in the competition.

The German team was second behind Bayern in the Bundesliga last year to secure a spot in the group stage of this season's Champions League. Raul could get an early look at his old team, if Schalke and Real are drawn together.

Regardless, Raul is set to break a tie with AC Milan's Filippo Inzaghi for the all-time scoring lead in European competitions. Both have 68 career goals.

Schalke does not have Real's history, but Raul fills the only huge hole in the Royal Blues' lineup after 18-goal scorer Kevin Kuranyi left earlier this year.

Schalke will contend for the league title and it will compete in the Champions League. Sound familiar Madrid? Real finished second in Spain's La Liga and was eliminated in the Champions League round of 16 for the sixth straight time one season ago.

"Our aim should be to have a major say in the [league] title race," said Raul, who retired as Spain's all-time scoring leader four years ago with 44 goals in 102 games. "It's going to be tough in the Champions League."

Real made it easier for Schalke by letting Raul depart. Thank you cards by the dozens should be on their way from Gelsenkirchen to Madrid.

"If anyone knows the true significance of the Champions League it's him," said German Christoph Metzelder, who also left Real this offseason to join Schalke.

Raul signed a two-year contract with Schalke and said on Thursday his years at Real Madrid were "officially" over. He lead Real to six La Liga titles, and if he can end Schalke's title drought, which dates to 1958, he will be an icon at Veltins-Arena as well.

Raul may have joined Schalke on a free transfer, but Real sold its soul by allowing him to leave.


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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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