Breeders' Cup Classic has the speed

Horseracing Betting Lines

11/01/2011 - Philadelphia, PA (Sportsbook Betting Lines) - Going into Monday's post position draw for the Breeders' Cup I already had Havre de Grace penciled in as the 5-2 favorite for the $5 million Classic. So I was surprised that Churchill Downs handicapper Mike Battaglia did a misdirection on the morning-line for the 1 1/4-mile race.

The official morning-line for the Classic has three-year-old colt Uncle Mo at 5-2 and four-year-old filly Havre de Grace second at 3-1. Remember, Uncle Mo has just two wins this year while the filly has five with a victory over older males.

"I wasn't surprised he was made the (5-2) favorite," the colt's trainer Todd Pletcher said. "I anticipated him to be in that range somewhere at 3-1 or so."

Both horses are speed runners as is Uncle Mo's stablemate Stay Thirsty.

"He's proven at the mile and a quarter, and I think he's a horse that might have a lot to say at the end of it," Pletcher noted about Stay Thirsty.

All three horses drew outside posts in the 13-horse Classic field. Uncle Mo will be ridden by John Velazquez from post 12 and Javier Castellano has the mount on Stay Thirsty, 12-1 in the program, from the nine hole.

"I'm OK with it," Pletcher said about the favorite's post. "He gets away from the gate pretty well. I think he's doing as well as he could possibly be doing. We're really pleased with the way he ran in the Kelso and the way he's trained since. He's settled here well and we're optimistic. It's a tall order. We've come a long way since the beginning of May (sidelined by liver ailment) and we're hoping we can get all the way there.

"Stay Thirsty's doing great. He came out of his (Sunday) work super. He was really sharp this morning and had a great energy level."

Havre de Grace, ranked first in the National Thoroughbred Poll, will break from post 10 with Ramon Dominguez again in the saddle.

"I think we're in the perfect spot. A lot will depend on how fast they go up front, but we're happy with it," the filly's owner Rick Porter said.

The 5-1 third pick is European runner So You Think. The five-year-old drew post five with Ryan Moore getting the riding assignment from trainer Aidan O'Brien.

A winner of more than $7.5 million with 12 wins in 19 career starts, So You Think has never raced on a dirt track and I don't expect the New Zealand-bred is going win on Saturday.

Game On Dude, trained by Bob Baffert, is 10-1 with Chantal Sutherland set to ride from post eight.

"Game on Dude is a speed horse, so it doesn't really matter where he is," Baffert said.

Baffert's other Classic runner Prayer for Relief has been withdrawn from the race after spiking a fever.

Breaking from the far outside will be Pennsylvania Derby winner To Honor and Serve. The three-year-old colt is 12-1 with Jose Lezcano riding. Trained by Bill Mott, To Honor and Serve is another speed horse who will either set the pace or press it.

Mott's other horse is 2010 Belmont Stakes winner Drosselmeyer who is 15-1 in the program and will be ridden by Mike Smith who won the Classic two years ago with Zenyatta. Drosselmeyer was second to Flat Out in the Jockey Club Gold Cup and is a solid play on Saturday.

"My post positions are fine. With that long run down to the turn, I think it is ideal for To Honor and Serve. I think the 3 is also good for Drosselmeyer," Mott said.

Flat Out has drawn post two with Alex Solis riding. Trained by Scooter Dickey, the five-year-old is 6-1 in the morning-line off the Gold Cup win.

"We're in the gate, that's all I care about. If I could have chosen I would have probably gone a little further outside," Dickey said about the post, "but we're just glad to be in there. It'll be up to (jockey) Alex (Solis). He's just going to have to get him a place and see how the pace develops. It's good. We're in the gate. We get to run."

Flat Out's running style appears to be ideal for the 1 1/4-miles. With two wins over the dirt at Belmont Park and two seconds at Saratoga this summer the veteran looks to be my selection for the 28th Breeders' Cup Classic.

Flat Out is owned by Preston Stables with only 12 lifetime starts. His bankroll stands at $1,109,713 with five wins and three runner-up finishes. Following just one start in 2010, an allowance victory in December at Fair Grounds, the horse has really come into his own this year.

Dickey's charge should lay just a few lengths off the lead during the Classic. He'll swing wide, if needed, around the final turn and drive to the wire giving Solis his second Classic win.

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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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