Closing birdie saves Mickelson

Golf Betting Lines

07/16/2010 - St. Andrews, Scotland (Sportsbook Betting Lines) - With the wind picking up, the cut line will likely climb through Friday afternoon, and possibly into Saturday morning, at the British Open.

Phil Mickelson birdied the 18th hole Friday to post a one-under 71, which got him back to even-par for the championship.

He was lucky enough to finish his round before the wind really started blowing. Not long after Mickelson completed his round, play was suspended by high wind as golf balls were getting moved around on greens by the wind.

This is the first suspension due to high winds since the 1998 Open Championship at Royal Birkdale.

Mickelson had an inconsistent round with an eagle, three birdies and four bogeys, but his closing birdie all but guaranteed his spot in the field for the final two rounds.

"I've got to play better. I've got to go out and make some birdies tomorrow," Mickelson stated. "I also need some conditions to be able to do it and a little bit of luck for it to turn."

The Masters champion walked off the 18th green on the Old Course at St. Andrews tied for 68th place with the top 70 and ties slated for the weekend.

Mickelson opened his round with a birdie on the third. After a par on four, he rolled in an eagle putt at the par-five fifth to move to minus-two.

However, Mickelson saw his par-saving putt on the sixth lip out. He parred the next two holes, before converting a 15-footer for birdie on the ninth to turn in two-under.

On the back nine, Mickelson fought both the wind and his swing. He hit several drives out to the left and it cost him on the 12th. His drive stopped in high rough and behind some bleachers.

Mickelson chipped sideways, then pitched his third to about 30 feet. He two- putted for bogey. At the par-five 14th, Mickelson's par putt lipped out and that dropped him back to even-par for the championship.

After a pair of pars, Mickelson found the left rough off the tee at the Road Hole, No. 17. He was unable to reach the green with his second and walked off with another bogey that dropped him to plus-one overall.

Mickelson drove left of the 18th green and played his second to 10 feet. He rolled that in for a closing birdie to get back to minus-one for the day.

"I'm going to need some luck, I didn't play well these first two days," said Mickelson. "I have to go out tomorrow and have prefect conditions and play a great round, and then I need it to blow like this in the afternoon. I need some luck."

Mickelson has made the cut in 13 of his first 16 British Open appearances, but has just one top-10 finish in those 13 Opens. He took third in 2004 and his second-best finish came on the Old Course in 2000. Mickelson shared 11th that year, but he was 12 strokes behind Tiger Woods.

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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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