Zenyatta remains unbeaten with Santa Margarita win

Horseracing Betting Lines

03/13/2010 - Arcadia, CA (Sportsbook Betting Lines) - Two-time champion mare Zenyatta made a successful 2010 debut Saturday in the $250,000 Santa Margarita Invitational at Santa Anita Park. The six-year-old mare is now perfect in 15 career starts.

Zenyatta, trained by John Shirreffs, started from post eight with Mike Smith again with the mount. Owned by Jerry and Ann Moss, Zenyatta broke cleanly and immediately settled into last in the eight horse field.

Setting the pace in the 1 1/8-mile race was Dance to My Tune with Made for Magic pressing the pace in second. Zenyatta was running about a dozen lengths off the lead and was racing off the rail.

Zenyatta began her move from the rear as the field entered the far turn. Still off the rail, Zenyatta drew within a few lengths of the leaders as the field entered the stretch.

With a furlong to run the 3-10 favorite angled to the inside and found room to take the lead. Zenyatta posted a one-length victory over Dance to My Tune with Floating Heart finishing third.

Completing the order of finish was Striking Dancer, Pretty Unusual, Made for Magic, Pretty Katherine and Gripsholm Castle. Powerofvoodoo was a scratch.

The time for the Santa Margarita was 1:48.20 on Santa Anita's synthetic track.

"Obviously, he (Mike Smith) went to the inside, and then had to come back out," Shirreffs said. "So, I just have a lot of faith in Mike. I know once he gets her in the clear, he has a good chance. She's cut in between horses and everything, but when you have a big X on your back, a lot of places don't open up that normally would."

The last two years Zenyatta has been voted champion older female and for 2009 finished second for Horse of the Year to Rachel Alexandra. She won the 2008 Breeders' Cup Ladies Classic and last year became the first female to capture the Breeders' Cup Classic.

Both Zenyatta and Rachel Alexandra are expected to start in the $5 million Apple Blossom Invitational at Oaklawn Park on Friday, April 9. Earlier Saturday, Rachel Alexandra was upset in the $200,000 New Orleans Ladies at the Fair Grounds. The reigning Horse of the Year was a close second to Zardana who is also trained by Shirreffs.

"We're just excited she's back," said Jerry Moss. "She looks amazing. Everybody's happy. We watched Rachel's race in the paddock. I'm sorry she lost, but she lost to a better horse today. We'll see what happens the next race. Zardana might try to get to that same race (Apple Blossom) and that would be fine."

Zenyatta has won all 15 career starts for more than $5.6 million.

Earlier on the day, Shirreffs announced that Life is Sweet has been retired. The winner of last year's Breeders' Cup Ladies Classic had muscle cramps after a workout Saturday at Hollywood Park.

Zenyatta returned $2.60, $2.20 and $2.10. Dance To My Tune paid $19.00 and $9.40, and Floating Heart paid $4.20 to show.

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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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