McMurray feeling little pressure on making the Chase

Autoracing Betting Lines

08/30/2010 - Charlotte, NC (Sportsbook Betting Lines) - With two races to go before the "Chase for the Sprint Cup" begins at New Hampshire, Daytona 500 champion and Brickyard 400 winner Jamie McMurray says he won't be disappointed if he doesn't qualify for the playoffs.

McMurray moved up to 13th in the point standings after finishing third last week at Bristol. He trails 12th-place Clint Bowyer by a distant 100 points, while Mark Martin is one marker behind McMurray in the 14th spot.

"It certainly is a better position to be in right now for us, because there only is one person we have to pass," McMurray said. "When you have three or four in between you, you have to hope all of them have something bad happen to all them.

"But [Bowyer] is running really well right now. I kind of put him in the same category as us. They are running really well, but they've had a lot of DNFs [Did Not Finish]. I think that team will perform fine, and we will just have to wait and see how it works out."

Despite winning the two most prestigious races of the season, it's been an inconsistent season for McMurray, who is in his first year as driver of the No.1 Chevrolet for Earnhardt Ganassi Racing.

McMurray didn't know who he would drive for in 2010 after his Roush Fenway Racing No.26 team folded tent at the end of the 2009 season. McMurray landed a ride with EGR in the No.1 car after Martin Truex Jr. moved over to Michael Waltrip Racing.

McMurray made an impressive debut with EGR by winning the season-opening Daytona 500, but after the series raced again in Daytona last month, McMurray sat 19th in points.

Since then, McMurray has scored four top-10 finishes, including his Indianapolis victory, in the last six races.

After the September 11 race at Richmond -- the 26th and final event in the Sprint Cup regular season -- the top-12 drivers in points will make up the field for the Chase -- the final 10 races that determine the champion.

So the pressure is on for several drivers in the next two races, particularly Martin, who finished second to champion and Hendrick Motorsports teammate Jimmie Johnson in the 2009 Chase, and Ryan Newman, who ended last season ninth in points. Newman is 118 points in back of Bowyer.

But the stress of making the Chase is not necessarily affecting McMurray as much as other drivers who are attempting to make the field.

While McMurray is content with winning more races this season, he's letting crew chief Kevin "Bono" Manion do the worrying about making the Chase.

"[Manion] certainly is worried about it," McMurray said. "I remember the stress that goes along with that, and I'm really fortunate this year that we were able to win those two big races, because if we don't make the Chase, it's not going to be devastating."

McMurray's chances of making the Chase are slim, but history shows that by no means is he out of the running.

In 2006, Kasey Kahne was 90 points behind the cutoff spot for the Chase with two races to go, but Kahne won at California and then finished third at Richmond to squeak into the playoffs by 16 points. The Chase field back then consisted of 10 drivers. NASCAR expanded it to 12 the following year.

Can McMurray better Kahne's feat from four years ago? That's going to greatly depend on how well Bowyer performs at Atlanta and Richmond.

"I love Atlanta and Richmond and run well there," Bowyer said. "With any luck at all, we'll be in this thing."

Bowyer certainly deserves to be in the Chase this year after his disappointing season in '09, but it would also make for a feel-good story if McMurray can rise up and qualify for the field.

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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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