IndyCar kicks off season with first-time trip to Brazil

Autoracing Betting Lines

03/10/2010 - Sao Paulo, Brazil (Sportsbook Betting Lines) - Series: IndyCar. Date: Sunday, March 14. Race: Sao Paulo Indy 300. Site: Streets of Sao Paulo. Track: 2.6-mile, 11-turn temporary street circuit. Start Time: 11:00 a.m. (et). Laps: 75. Miles: 195. Television: VERSUS. Radio: IMS Radio Network/SIRIUS XM Satellite.

The IndyCar Series -- with new title sponsor IZOD -- will compete in South America for the first time with the Sao Paulo Indy 300 on the streets of Sao Paulo, Brazil.

Dario Franchitti also will begin his campaign to repeat as series champion. Franchitti ended the 2009 season with an 11-point margin over his Chip Ganassi Racing teammate Scott Dixon. Four of his five wins last year came on road/street courses.

Seventeen races make up the 2010 IndyCar schedule, but nine of them take place on road/street circuits. The first oval race is scheduled for May 1 at Kansas -- the fifth event on the schedule.

"This year, with nine road and street courses, it's going to be very challenging," Franchitti said. "There are going to be lots of different drivers vying for wins, so we're going to have to be very focused and paying attention all the time."

In the last five years, three drivers went on to win the series championship after winning an inaugural race at a track. Dan Wheldon won the first event at St. Petersburg, FL and the series title in 2005. Dixon picked up the victory in the inaugural race at Edmonton during his 2008 championship season.

Franchitti won the first race at Iowa in 2007, the year he won his first series title. He also won both inaugural events on the '09 schedule -- Long Beach, CA and Toronto -- en route to his second championship.

Brazil will become the fourth country outside the United States to hold an IndyCar event after Canada, Japan and Australia. Canada (Edmonton and Toronto) and Japan continue to be on the schedule. The series held an exhibition race in Surfers Paradise, Australia at the conclusion of the '07 season.

Six Brazilian drivers -- Helio Castroneves, Tony Kanaan, Raphael Matos, Vitor Meira, Mario Romancini and Ana Beatriz -- will compete in front of their home crowd. Last month, all six competitors met with Brazilian President Luiz Inacio Lula da Silva and then toured the 2.6-mile, 11-turn Sao Paulo street course.

"I really like the race circuit," Castroneves said. "It has two really long straightaways, and it will be great for the fans. It is going to be a challenge for our Team Penske engineers to set up the car because of the changes between road surfaces, but it's going to be fun to drive."

Romancini and Beatriz are expected to make their first IndyCar starts in Brazil. Beatriz will drive a Dreyer & Reinbold-prepared car.

"This is very special for me doing my debut in the IZOD IndyCar race at my home event," Beatriz said. "It's also very special to be the first female Brazilian race car driver to race there, and it will be a great experience."

Romancini will run a full-time schedule for Conquest Racing.

"To have my first race in my hometown, in front of all my people, family and friends, will be amazing," Romancini said. "I am very excited for this moment and for sure couldn't ask for a better place."

Takuma Sato, a former Formula One competitor and native of Tokyo, and Swiss driver Simona de Silvestro also will make their series debuts this weekend.

Jazzspoets Autoracing Betting News

<< Mountain West Conference Tournament Recaps
Las Vegas, NV (Sportsbook Betting Lines) - Grant Parker scored 15 points and Michael Lyons added 11 to help Air Force defeat Wyoming, 59-40, in the first round of the Mountain West Conference Tournament. Lyons also grabbed five rebounds and han

<< Dampier, Haywood back for Mavs; Barea out
DALLAS (AP) -Centers Erick Dampier and Brendan Haywood returned to the Dallas Mavericks on Wednesday night against the New Jersey Nets.Dampier missed the previous 12 games with a dislocated right middle finger. Haywood sat out two games with lower b

<< Islanders C Schremp out for season
Uniondale, NY (Sportsbook Betting Lines) - The New York Islanders announced that center Rob Schremp will miss the remainder of the season. The forward injured his right knee during Tuesday's game against Philadelphia. The diagnosis is a torn m

<< Great West Conference Tournament Recaps
Orem, UT (Sportsbook Betting Lines) - Nick Weiermiller scored 18 points and dished out four assists to lead Texas-Pan American to a 56-53 victory over Utah Valley in the quarterfinals of the inaugural Great West Conference Tournament. Jared Maree ha

<< This Week in Auto Racing March 12 - 14
Philadelphia, PA (Sportsbook Betting Lines) - While all three of NASCAR's national touring series take a break, the IZOD IndyCar Series and Formula One kick off their 2010 seasons this weekend. IndyCar will run on the streets of Sao Paulo, Brazil for the

Rams re-sign TE Fells >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Rams re-signed tight end Daniel Fells on Wednesday. Per club policy, terms of the deal were not disclosed. Fells became a restricted free agent last Friday. The tight end caught 21

Ravens re-sign WR Mason >>
Owings Mills, MD (Sportsbook Betting Lines) - The Baltimore Ravens have agreed in principle on terms of a two-year contract with veteran wide receiver Derrick Mason. Mason became an unrestricted free agent after his five-year contract with t

Bobcats handle Sixers >>
Philadelphia, PA (Sportsbook Betting Lines) - Gerald Wallace led all scorers with 28 points on 9-of-10 shooting to push the Charlotte Bobcats past the Philadelphia 76ers, 102-87, at the Wachovia Center. Stephen Jackson added 24 points and 10 reb

Sabres continue winning ways against Stars >>
Buffalo, NY (Sportsbook Betting Lines) - Thomas Vanek scored the eventual game-winner midway through the second period, as the Buffalo Sabres continued their recent dominance over the Dallas Stars with a 5-3 victory at HSBC Arena. The Sabres have

Fleischmann, Capitals edge Hurricanes in overtime >>
Washington, DC (Sportsbook Betting Lines) - Tomas Fleischmann scored with 1:40 remaining in overtime to lift the Washington Capitals to a 4-3 victory over the Carolina Hurricanes at Verizon Center. In the extra session, Fleischmann hamme

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.