Rachel Alexandra highlights Personal Ensign Stakes

Horseracing Betting Lines

08/26/2010 - Saratoga Springs, NY (Sportsbook Betting Lines) - Rachel Alexandra, 2009 Horse of the Year, gets back into action Sunday in the $300,000 Personal Ensign Stakes at Saratoga Race Course. The four-year-old filly will take on four female challengers in the 1 1/4-mile race, her first attempt at the distance.

"Rachel feels very much at home among the great Saratoga fans," said co-owner, Jess Jackson when he announced that the filly would start in the Personal Ensign. "It's an historic race, named after a great champion. The timing is right for Rachel. She's been coming back into her stride and this will help her prepare for the rest of her campaign and the Breeders' Cup later this year."

Last year at Saratoga, Rachel defeated older male horses in the 1 1/8- mile Woodward Stakes.

Rachel Alexandra, trained by Steve Asmussen, will again be ridden by Calvin Borel and the pair will break from post two in the five horse field. Borel has been the champion's only race rider the last 13 starts.

The champion filly won the $400,000 Lady's Secret Stakes at Monmouth Park on July 24 in her most recent start. This year she has won two of four races, including her last two, for $498,376. In her career she has earned nearly $3.5 million with 13 wins in 18 starts.

While Rachel is expected to be a heavy favorite on Sunday, she will face formidable opposition.

Delaware Handicap winner Life At Ten should prove to be a difficult mare with which to contend. The five-year-old, like Rachel, is a speed horse who went wire-to-wire last time out at Delaware Park.

Trained by Todd Pletcher, Life At Ten will be ridden by John Velazquez from post four. The chestnut mare, owned by Candy DeBartolo, is undefeated this year in four starts. In addition to the Del 'Cap, Life At Ten has won the Ogden Phipps, Sixty Sails and Rare Treat Stakes. In her career she has won seven of 14 starts for $909,267.

"She's in very good form right now, and she's obviously on a winning streak," Pletcher noted. "I think her races this year have been better than some have given her credit for, but I also think it's a very, very tall order to take on Rachel Alexandra."

Here is the complete field for the Personal Ensign in post position order: Miss Singhsix, Jose Valdivia, Jr.; Rachel Alexandra, Calvin Borel; Persistently, Alan Garcia; Life At Ten, John Velazquez and Classofsixtythree, Javier Castellano.

The Personal Ensign has a scheduled post-time of 6 p.m. (et).

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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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Barry Bonds Watch: Giants Slugger Says He'll Be Back

With only 21 home runs standing between him and Hank Aaron, Barry Bonds is indeed planning on coming back for more in 2007. At least, that's what his agent told the Los Angeles Times.

"Barry's going to play in 2007," Jeff Borris of Beverly Hills Sports Council told the Times on Tuesday. "I've had many discussions with Barry and he's going to play. My intentions are to see to it he's in a big-league uniform next season. Those are my marching orders."

Contract negotiations could get started as early as next week. Let's see which team has the deeper pockets. Will MLB baseball betting lines despite allegations of steroid use? Bet On It at www.MySportsbook.com .

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