IndyCar returns to U.S. with Mid-Ohio

Autoracing Betting Lines

08/03/2010 - Lexington, OH (Sportsbook Betting Lines) - Series: IZOD IndyCar. Date: Sunday, August 8. Race: Honda Indy 200 at Mid-Ohio. Site: Mid-Ohio Sports Car Course. Track: 2.258-mile, 13-turn road course. Start Time: 3:00 p.m. (et). Laps: 85. Miles: 191.25. 2009 winner: Scott Dixon. Television: VERSUS. Radio: IMS Radio Network/SIRIUS XM Satellite.

After running its last two races in Canada, the IZOD IndyCar Series returns to the United States with this weekend's Honda Indy 200 at Mid-Ohio Sports Car Course. Mid-Ohio is the eighth of nine road/street course events on this year's schedule. The series will conclude road/street course racing for the season in two weeks at Sonoma, CA.

Last month's race at Edmonton turned out to be a bizarre finish and an expensive outcome for Team Penske driver Helio Castroneves.

Castroneves was leading in the closing laps at Edmonton when he was issued a black flag for blocking his teammate, Will Power, just after the final restart. He failed to take the drive-through pit-lane penalty.

At the conclusion of the race, Castroneves was penalized 20 seconds and placed at the tail end of the lead lap, which resulted in a 10th-place finish. Castroneves had crossed the line first, but Scott Dixon was awarded the win.

Castroneves was furious with the outcome of the race. He confronted two officials on pit road and made physical contact with one of them after he exited his car.

As a result, IndyCar officials earlier this week fined Castroneves $60,000 and placed him on probation for the remainder of the year for his post-race outburst at Edmonton. The Brazilian driver recently met with officials in Indianapolis to discuss his actions.

"I regret what occurred following the IZOD IndyCar Series race in Edmonton, and I apologize for my behavior, as I let my emotions get the better of me," Castroneves said in a statement. "Although my disappointment with being black- flagged while leading the race with just a few laps to go will probably always remain with me, I understand and accept the league's decision to penalize me for my reaction.

"I am ready to move forward, and I'm hoping to add to Team Penske's success at Mid-Ohio this weekend."

Heading to Mid-Ohio, Power holds a 50-point lead over Dario Franchitti, the defending series champion, and a 71-point advantage over Dixon, who is Franchitti's Chip Ganassi Racing teammate.

Power could clinch the series' new road/street course championship on Sunday. Earlier this year, IndyCar announced the expansion of its championship format, with the highest-scoring oval and road/street course drivers winning separate titles, starting this season.

So far, Power has won four road/street course events -- Sao Paulo, Brazil; St. Petersburg, FL; Watkins, NY and Toronto.

After Sonoma, the series will run its final four races on ovals.

The October 2 season-finale at Homestead will determine the oval titleholder and the overall IndyCar champion.

Dixon won last year's race at Mid-Ohio. He also scored the victory in the inaugural event here in 2007.

Twenty-seven teams are on the preliminary entry list for the Honda Indy 200 at Mid-Ohio.

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American Idol Betting Odds: Season 6  

The online gambling websites are in the process of deciphering each American Idol contestant and his or her chances of winning Season 6 to come up with the early American Idol betting lines.

Tim Dalton of MySportsbook.com has been locked away in a soundproof room coming up with all the latest tallies, we are told. "American Idol has become one of the most significant betting events of the year," claims Jack Black of MySportsbook.com.  "Last year, millions were bet during the season across the globe, not just in America.

It's tough early on since we really do not have a glimpse as to how well each of these individuals will perform solo on a week-to-week basis.  It's like Week 1 of the NFL.  Pre-season means nada!

We do know the 24 finalists however.

Sanjaya Malakar is the young man whose sister failed to make it into the Top 24.  He's very low key but - unless he totally flubs - will probably win over the young girlie vote for a few weeks anyway.  He's too young to go all the way, according to Payton O'Brien. 

Brandon Rogers - Who?

Phil Stacy is the military guy who missed his daughter's birth because of the Memphis audition.  He should go a good distance.

Chris Sligh - He's got the humor and in many ways he's the Anti-American Idol much like last year's winner Taylor Hicks was.  And this is why he'll probably get pretty far in this competition.  He's chubby, white with a big curly afro....but more importantly, a great voice!  People love "real", not "real cute" to go all the way. 

"Blake Lewis should go far because of his uniqueness and looks.  He's the boy next store with a twist - he beat boxes.  But on top of this, he's a great singer, and I adore him," Payton O'Brien relayed.

A talented beat-boxer Blake Lewis was a hit during the group sing in Hollywood but Simon explained that this is a singing contest just before he told him he was “in.”

Paul Kim has caught our own roving reporter, Jenny Woo's eyes. 

"I love the fact that there is a Korean American on the show and he is bound to get more Asians tuning into the show," Woo said from her Miami Beach estate.  "There has never been a major presence of Asian-Americans on American Idol in the past.  He's a hottie with a nice voice so that should help to take him far.  Expect heavy betting action from the Asian community."

Sundance Head - He's not perfect, but he's got the personality that will take him through a few weeks, plus he's got the lineage (son of Roy Head - whose 1965 single, "Treat Her Right," hit No. 5 in the charts) 

And the others:

Rudy Cardinas
AJ Tabaldo - the 5th time is the charm
Nicolas Pedro
Chris Richardson
Jared Cotter

The girls

"Melinda Doolittle has one of the best voices," says MySportsbook.com Reporter and an acclaimed dancer in her own right, Destiney Lewis.  "It is great to see a back up singer step out like she has.  The girl needs to gain more confidence but that can also be a positive.  I think she will go far."

Alena Alexander - Those tears (she never seems to stop bawling) should get her far.

"Single mom Lakisha Jones I suspect will be a pretty big favorite entering Week 1 of the competition," says Destiny Williams.  Jones is an excellent singer and down to earth.  "She'll have a wide appeal," echoed O'Brien.

Nicole Trellis - Seems to exert confidence.

Amy Krebs - a powerful singer.

Antonella Barba
Gina Glocksen
Hailey Scanardo
Jordan Sparks
Stephanie Edwards
Leslie Hunt
Sabrina Sloan

MySportsbook.com is offering a 20% signup bonus with an initial deposit (i.e. open your American Idol betting account with $300, receive another $60 in which to bet with). 

Last two contestants will be?

1 Male/1 Female +100 (a $10 bet pays $10 plus your initial $10)

2 Males +170 (a $10 bet pays $17 plus your initial $17)

2 Females +130 (a $10 bet pays $13 plus your initial $10)

MySportsbook.com is an online sportsbook accepts Visa Credit Cards and online sportsbook accepts Mastercard Credit Cards for easy American Idol betting lines. 

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.”

To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.