Rachel Alexandra debuts in New Orleans Ladies

Horseracing Betting Lines

03/08/2010 - New Orleans, LA (Sportsbook Betting Lines) - Rachel Alexandra, 2009 Horse of the Year, is set make her 2010 debut this Saturday at the Fair Grounds in the $200,000 New Orleans Ladies. The 1 1/16-mile test has attracted four females to take on the four-year-old filly.

Owned by Jess Jackson and Hal McCormick, Rachel Alexandra has drawn post two with Calvin Borel once again in the saddle. The filly is trained by Eclipse Award winning trainer Steve Asmussen.

"It was just an easy half," Asmussen said about Monday's final workout before Saturday. "It's hard to compare her to anybody else so we just gave her an easy half and let him get along with her and it looked like she went beautiful. She's a beautiful mover. That's how she runs and that's what makes her special. She went over the racetrack very well, it was in great shape this morning. That's all we could hope for. She got the breeze in, did very well, looked good."

Rachel went undefeated in 2009 in eight starts with earnings of better than $2.7 million. Following wins in the Martha Washington, Fair Grounds Oaks and Fantasy Stakes, she won the Kentucky Oaks by more than 20-lengths.

The filly then went on to victories in the Preakness, Mother Goose, Haskell Invitational and Woodward.

Rachel Alexandra will follow her start Saturday with an ultimate showdown versus Zenyatta. The two female thoroughbreds are to finally meet at Oaklawn Park in the $5 million Apple Blossom Invitational on Friday, April 9.

Zenyatta is based at Hollywood Park where she has been working out. Owned by Jerry and Ann Moss, Zenyatta will start in the $250,000 Santa Margarita Invitational on Saturday.

Zenyatta's trainer John Shirreffs will bring Bayakoa Handicap winner Zardana to the Fair Grounds for the race from California. The six-year-old mare will be ridden by David Flores from post three.

Zardana is the winner of seven of 18 lifetime starts for owner Arnold Zetcher. For her career she has earnings of $308,421 and is coming off a fourth-place finish to St Trinians in the Santa Maria Handicap.

Here is the complete field for the New Orleans Ladies in post position order: Fighter Wing, Corey Lanerie, 117; Rachel Alexandra, Calvin Borel, 123; Zardana, David Flores, 121; Unforgotten, Miguel Mena, 117 and Clear Sailing, Shane Sellers, 117.

The New Orleans Ladies has an approximate post-time of 6:15 p.m. (et).

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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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