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06/28/2010 - Louisville, KY (Sportsbook Betting Lines) - A muddy racetrack at Churchill Downs proved no deterrent Monday morning for two of the best known thoroughbreds in training. Defending Horse of the Year Rachel Alexandra and 2009 Kentucky Derby winner Mine That Bird worked out over an off track at the historic facility.
Rachel Alexandra, with Shaun Bridgmohan in the saddle, had her final workout before being sent to Saratoga by trainer Steve Asmussen. The four-year-old filly covered five-furlongs in 1:03 over sloppy footing. She galloped out six furlongs in 1:17.
"She handles it really well," Asmussen said. "She went good. We've got travel plans this week and want everything to go smoothly."
Asmussen will be sending the champion and others to historic Saratoga on Wednesday. The hot weather in Louisville convinced Asmussen to ship to upstate New York a week early.
"It's time," said Asmussen. "I'll be very happy when she's settled in there and we can get into our routine up there."
Owned by Stonestreet Stables and Harold McCormick, Rachel Alexandra got her win of the year on June 12 with a 10 1/2-length victory in the Fleur de Lis at Churchill Downs. After two second-place finishes to begin 2010 the filly looked like her old self in the 1 1/8-mile stakes.
Later Monday morning, Mine That Bird put in a workout over a muddy Churchill track. The gelding went five-furlongs in a very fast 59 4/5 seconds. This was his final workout before making his 2010 debut.
Calvin Borel, the four-year-old's regular jockey, had Mine That Bird gallop out six-furlongs in 1:14 3/5 with trainer D. Wayne Lukas watching.
"I told Calvin we needed to let him do it with no prompting today, just let him do it on his own," Lukas said. "I told him I'd like to see him finish up and if he'd get it in a minute to 1:01, that would be about right. Once I turned him loose and I rode over by the rail to see how deep it was, I thought 'If he does that, he's going to be really going good'. And then he goes 59- and-four.
"I couldn't be happier. Every step has been right down the line. I like the way that he's changing, mentally and physically. That's the big thing. We know he can run if everything's right. Physically, he's so much stronger, he might be 150 pounds heavier than he was last year. And mentally, he's really getting good."
Overnight rains caused the Churchill track to come sloppy as training began Monday morning. As the day progressed the track condition improved to muddy.
"He's just blossomed out," said Borel. "How good is he? I don't know, but we're going to find out. I think he's a good horse. I don't care what anybody says, he wasn't a fluke."
Mine That Bird, owned by Mark Allen and Dr. Leonard Blach, has not raced since finishing ninth to Zenyatta in the 2009 Breeders' Cup Classic. He could start in one of two races this weekend at Churchill: a 1 1/16-mile allowance race on Saturday or Sunday's $175,000 Firecracker Handicap at a mile on the turf, closing day of Churchill's 42-day Spring Meet.
"We'd like to start him here,' Lukas said. "I used that Firecracker as a back- up. I know he's never been on the turf. I really don't want to ship him. I have the Salvatore Mile (July 3) at Monmouth, but I'd like to just leave him in his own stall and try him. If he gets beat, this first one is a means to an end.
"We'll wait and see how the next two days look. I have no reason to believe he won't bounce back from this work. He does every one of them so easy. He has amazing efficiency of motion. I've had some pretty good horses that I thought could get over the ground. I don't know if any of them got over it lighter than he does."
Last week Lukas indicated that the Whitney Handicap on August 7 at Saratoga is the immediate goal for Mine That Bird.
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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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