By Steve Schorr, Tahoe Tribune
correspondent
Early Sunday morning, as gamblers flood
the sports books, a group of Las Vegas-based "sports
junkies" are cooking up the lines for the following
week's NFL matchups.
Roxy Roxborough, former owner of Las Vegas Sports Consultants,
was asked what it takes to be an oddsmaker.
"I've always believed that any odds making brew
includes parts of both art and science," Roxborough
said. "The degree to which each ingredient appears
depends on who's stirring the pot. The guys setting the
lines are all individuals, with their own preferences
and procedures, but everyone has to take both aspects
of oddsmaking into account."
LVSC odds manager Cesar Robaina, a believer in the intuitive
school of oddsmaking, stated, "Not all sports are
the same, but when it comes to the NFL, I sort of feel
the number. I then pull out the stat book and validate
the number by checking the power ratings, betting patterns
and other hard data to make sure everything makes sense.
"In the NFL, where the public really gets involved,
you can get a feel for the number pretty easily. There
are other areas, such as college football and NBA totals,
where professional gamblers have been particularly successful
that you have to look at the mathematical approach a
little more."
The meeting of the sports junky minds begins on Sundays
at approximately 4:15 p.m. Five guys push their desks
together, forming an octagon, as they pore over the upcoming
contests.
Game by game, each oddsmaker discusses his theory on
the correct point spread. After consideration of each
individual's opinion, a line is set and the numbers are
shipped off to the Las Vegas Stardust where management,
along with outside consultants, review the numbers, make
adjustments and then post the lines.
A group of bettors known as sharks or "Wise Guys" draw
straws to see who's the lucky guy to make the first bets.
These professionals then take turns betting the games,
as the sports book personnel adjust the lines and attempt
to balance the action. Betting continues until the last "Wise
Guy" believes the numbers no longer offer him/her
any value or advantage.
Monday mornings, linesmakers across the state begin
putting up the numbers that reflect the opinion of the
smartest players in the business, a group of individuals
who attempt to make a living betting sports.
As one Wise Guy said when it comes to posting the lines, "The
early bird gets the number." Then again, as I am
fond of telling all you "dog" bettors, "The
patient investor will be rewarded with the extra point."