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NFL Football Betting Odds
The concept of the pointspread began over a half century ago and really raised the interest in sports betting. It leveled the playing field; the pointspread became the equalizer. In the 1970s, Bob Martin of the Union Plaza Race and Sportsbook in downtown Las Vegas, was the most respected oddsmaker in the gaming industry. A lot of oddsmaking tools used today are credited to Martin.
Oddsmakers are the first to say they are not in the business to predict the outcome of a game, but to divide public opinion of the final outcome. Public opinion is created by the media; newspapers, magazines, television, radio and the Internet. Popularity of well-known teams, superstars and media hype, influence the line in a lot of cases besides statistics and power ratings. Power ratings are based on many statistics taken from offense, defense, special teams, points for, points against, at home and away.
The oddsmaker has to take into account every possible thing which affects the outcome of a game... information such as: quality of the teams, injuries, incentive to win, morale, weather (football) , history of the match up, recent and previous records. In a perfect world for the oddsmaker, an equal number of people will bet on each side.
In the 1980s, Roxy Roxborough became the main influence in oddsmaking as the age of technology began. Computers became a force in oddsmaking and changing odds at sportsbooks simultaneously. Roxborough founded Las Vegas Sports Consultants (LVCS) in the 1980s which now has most of the sportsbooks in Las Vegas as clients. LVCS has used computer-generated power ratings and information, so everything is passed along faster.
Certain offshore sportsbooks are taking the lead today and their numbers are probably the most respected. Setting a line and letting the most sophisticated and sharp handicappers play into it, then opening it to the public, gives sportsbooks the most two-way action.
For updated NFL Football Betting Odds be sure to check out (www.wsex.com/line/PRO-FOOTBALL.html), one the top sites in the industry for Current NFL Odds |
