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12/22/2011 - Daytona Beach, FL (Sportsbook Betting Lines) - Bettye Danoff, who was one of the 13 founding members of the LPGA Tour in 1950, has died. She was 88.
Known by fellow playing pros as "Mighty Mite" for her diminutive stature, Danoff died Thursday in Texas, the LPGA Tour said.
In a statement, LPGA commissioner Mike Whan said the tour was living proof that Danoff made a difference in the world of golf.
"Because of her courage, and the vision/belief of many others that followed our founders, we all get to participate in a fantastic business and game," said Whan.
Danoff began playing golf at the age of six when her parents opened a driving range and a nine-hole golf course. Among her career achievements was beating Babe Zaharias 1-up in the Texas Women's Open, ending Zaharias' 17-tournament winning streak.
Before turning professional in 1949, Danoff played exhibitions as an amateur with rising PGA Tour star Byron Nelson and was the medalist at the 1948 U.S. Women's Amateur Championship.
She traveled with her three daughters while competing on the LPGA Tour in the days before tour childcare.
"I remember traveling for five consecutive tournaments with her while she played," said Debbie Bell, her youngest daughter. "She was often frustrated because she had to find friends and people to help watch us while she competed."
After her husband died suddenly in 1961, Danoff was limited to playing tournaments in Texas and Oklahoma while she raised her family. Later, she was the first grandmother on the LPGA Tour.
<< 2011-12 Detroit Pistons Preview
(Sportsbook Betting Lines) - It's a new era for the Detroit Pistons.
Detroit enters the 2011-12 campaign with a new head coach, as Lawrence Frank
takes the helm from John Kuester, who was fired after going 57-107 over two
contentious seasons, includin
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(Sportsbook Betting Lines) - Many prognosticators envision an aging club on the decline
when they talk about the 2011-12 version of the San Antonio Spurs.
That might be a little harsh since the Spurs are coming off a Western
Conference-best 61-21 seas
<< Kings' Richards returns from IR
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Kings have activated
forward Mike Richards from injured reserve.
Richards missed the last eight games with an upper-body injury, which he
suffered on a high check by Florida for
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(Sportsbook Betting Lines) - After surveying their roster, Kings basketball chief Geoff
Petrie and coach Paul Westphal came up with a plan for attacking the upcoming
lockout-shortened 66-game season.
The franchise decided to accentuate its young legs
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(Sportsbook Betting Lines) - The Washington Wizards are still in the early stages of
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The centerpiece of that rebuilding process remains las
2011-12 Golden State Warriors Preview >>
(Sportsbook Betting Lines) - The latest Bay Area basketball reboot kicks off under the
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hoping to turn a team that finished 10 games under .500 last season into a
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No. 3 Kentucky downs Loyola-Maryland behind balanced attack >>
Lexington, KY (Sportsbook Betting Lines) - Kyle Wiltjer led four Kentucky players in
double figures with 24 points, as the third-ranked Wildcats topped Loyola-
Maryland, 87-63.
Anthony Davis posted a double-double of 15 points and 11 rebounds
Atletico Madrid sacks Manzano >>
Madrid, Spain (Sportsbook Betting Lines) - Atletico Madrid fired coach Gregorio Manzano
on Thursday, ending the 55-year-old's second stop with the club after just six
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Manzano previously coached Atletico in 2003-04, and after departi
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.”
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