Trainer expects brighter days ahead for Mine That Bird

Horseracing Betting Lines

07/05/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Eight months away from racing competition proved too much for 2009 Kentucky Derby winner Mine That Bird to overcome in his first start of 2010. The four-year-old gelding finished a disappointing eighth in Sunday's Firecracker Handicap at Churchill Downs.

"His first start back wasn't a successful one," noted trainer D. Wayne Lukas, "but I thought he would handle the turf a lot better than what he did. He didn't handle it that well."

Lukas, who took over as Mine That Bird's trainer from Chip Woolley, was forced to start the gelding in the turf stakes after an allowance race at Churchill failed to fill. The one-mile July 4th stakes was won by Tizdejavu in pacesetting style.

Lukas had been extremely pleased with Mine That Bird's workouts leading to the gelding's first race since November's ninth-place result in the Breeders' Cup Classic at Santa Anita Park behind Zenyatta.

"He was training too forwardly to have him that far back," Lukas said, "but he finished up and got a little more comfortable the last three-eighths. I think it put us in a position to do something better."

Mine That Bird, with regular rider Calvin Borel in the saddle, was racing last for much of the race. He put on a small rally coming off the final turn to get up for eighth in the 14 horse field.

"He was struggling so much," Borel commented. "He kept moving back and forth, back and forth, switching leads. We will see a different horse after this, a totally different horse. He came back real good, jogging good. He was perfect, the horse is doing good. I'm telling you, get him on the dirt and you'll see a different horse."

Mine That Bird has not won since his surprise victory in last year's Run for the Roses as a 50-1 longhsot. His best race since the win was two weeks later in the Preakness Stakes when he rallied to get within a length of Rachel Alexandra.

Lukas has been saying all along that the Whitney Handicap at Saratoga on Saturday, August 7 is the immediate goal for the four-year-old.

"I'm not discouraged that I can get him where I want him," Lukas said on Sunday. "I don't think we are going to the Arlington Million. The Whitney is our goal. If we could have gotten that allowance race to go, I think it would have been a different story. I didn't want to ship and we took a shot. It is what it is. I feel very comfortable in the mornings with what I see and we'll show up in the Whitney."

The expected favorite in the Whitney is leading four-year-old colt Quality Road. Trained by Todd Pletcher, Quality Road is perfect in three starts this year, coming out on top in the Hal's Hope Stakes, Donn Handicap and the Met Mile.

Mine That Bird needs a sharp upgrade if his connections expect to capture the Whitney. As a gelding, the only way for him to make money in the future is to race... and win.

Wcondenast Horseracing Betting News


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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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