Backwards Odds MLB Handicapping of Las Vegas Major League Baseball Odds and Betting
Lines
An introduction to how BaseballLocks.com makes
MLB picks & predictions using Backwards
Odds Handicapping of Las Vegas' Major League Baseball lines in an effort to
uncover indications as to which teams we think oddsmakers
and insiders think have the best chance to win...
Part 1) Successful Baseball Handicapping May Mean
Abandoning Methods That Seem Like They Should Work Well For Making MLB Baseball Picks...
But That Often Do Not Work:
When most sports bettors and MLB baseball handicappers embark
on a mission to make baseball picks, they call upon
baseball stats and their knowledge of sports betting to try to determine
which team has the best chance to win.
But often this turns out to be a non-winning approach.
And thus not a correct way to make winning baseball picks versus Las Vegas'
baseball lines in the long run.
Yet this is how most people go about handicapping baseball games, because it seems
sensible, yet most people lose out to the Vegas sportsbook...
It is our philosophy that to make enough winning Major League baseball picks
to beat Las Vegas
baseball lines over the long run, one must
analyze the Vegas line on a given game to try to
match the perspective of Las Vegas' oddsmakers.
At BaseballLocks.com we believe that matching the perspective of Vegas'
oddsmakers may be accomplished using
a technique we refer to as Backwards Odds Handicapping Analysis.
When using Backwards Odds Analysis,
instead of looking forwards to try to determine if team A or team B
will win, we look backwards to make a
determination as to why the line on a given game involving team A and B
has been set, adjusted, or maintained at a particular number...
How did the line originate? Why is the given line sitting at a specific
number?
By analyzing the line in reverse, BaseballLocks.com seeks to accomplish
two important things for increasing the success of
baseball picks:
1) Shifting the focus away from using
statistics, sports knowledge, and other techniques to make picks.
2) Redirect the focus towards using possible indications
in the line on a given
game to identify
which team
oddsmakers or insiders may think will win.
Part 2) Looking for Indications in Las Vegas' Major League Baseball Lines
in an effort to Pinpoint Which
Teams Oddsmakers and Insiders
May Think Will Win in a Given Game:
It is the BaseballLocks.com philosophy that
Las Vegas' baseball lines contain valuable indicators that may be
used to pinpoint which teams oddsmakers or insiders think will win in a given game.
By using Backwards Odds Analysis BaseballLocks.com seeks to
isolate these indications to tap into a
source of baseball picks.
The key to using Backwards Odds Analysis to make MLB picks is to understand that
Vegas' MLB odds and lines are the oddsmakers'
instrument for dividing the betting action
in half for a given game...
Phrased another way... The very existence of
betting lines gives Las Vegas
oddsmakers an element of control over how the population
as a whole decides to bet in a given game. Because as you shall see,
the line on a game is not necessarily Vegas' assessment of what
will happen in the game... It can be an assessment
of what particular baseball odds line number will draw even betting action from the
combination of all bettors.
Thus, when employing
Backwards Odds Analysis
to making baseball picks, we first look at how Vegas' oddsmakers
may be using betting lines to divide action in half in a
Backwards Odds assessment of oddsmakers and
baseball betting lines
Part 3) Backwards Odds Analysis of Oddsmakers using Major League Baseball Odds
and Betting Lines
to Keep Baseball Betting Action Divided in Half:
BaseballLocks.com believes that
Las Vegas oddsmakers are masters at using Major League Baseball lines
to keep betting action divided in half. By making adjustments
to a given money line oddsmakers may be able to sway numbers of
sports bettors who have not yet
made a betting decision on which team to bet on in a given game
to place their bet on the team that has lesser action.
Ask yourself, how often have you been undecided on a game only to make your decision
after the line moved
up a few dollars or down a few dollars?
BaseballLocks.com believes the movement in the line
is Vegas' effort to balance betting action, and often times
it can have a direct result
on a player's betting decision.
Of course, when Vegas' baseball lines are moved, it can also sway
sports bettors who have already placed a bet on a game-- to "put down"
additional action on that game... Or to even reverse their
direction and bet the
other way to try to "sandwich the money line," hedging out some or all of the risk.
But in BaseballLocks.com's view, as far as Vegas' oddsmakers are concerned,
keeping the betting action split at each odds line number
(dollar number)
is the key... Doing so allows
Vegas to collect its juice.
Therefore, it is the BaseballLocks.com view that by flexing mastery over
MLB baseball odds,
Las Vegas' oddsmakers have an amazing
amount of control over who in general (for example the general public)
bets what amount on a given game,
and at what point in time they bet that amount, thus enabling Vegas to
keep the action divided in half.
However, before oddsmakers can even begin to make
adjustments to a particular betting
line to keep
action divided in half, they must choose a starting point
or "opening Vegas line"
for the game.
Part 4) The Goal Of Oddsmakers When Creating Vegas' Opening
Baseball Lines:
BaseballLocks.com believes that
When creating an opening line, one possible incentive for Vegas' oddsmakers is
to choose a baseball line
that will do a fast, efficient job of splitting
action in half. Doing so guarantees Vegas that it
can make the most juice.
If an opening line doesn't draw even action, the sooner
the line can be adjusted to draw even action,
the more juice Vegas can guarantee itself.
Phrased another way-- the more a line needs to be adjusted
to keep betting action even,
the more overall risk Vegas is exposed to, and the lower the
profit Vegas stands to make.
This is because Vegas can get stuck with
uneven betting action for any given baseball odds line number, which can cut into profits.
Therefore, one view is that
Las Vegas' oddsmakers would be very interested in
knowing what specific
baseball odds line number
would draw even betting action for a given game before having
to release
the opening line for that game to the
public.
But before oddsmakers could know
what an opening line on a given game would need to be set at
in order to draw even action, oddsmakers
may need to know
which team various
sports bettors plan to put their money on in
advance of that game, for a variety of different baseball odds line numbers.
This brings us to what BaseballLocks.com believes is the Las Vegas oddsmakers'
greatest strength when it comes to using lines
to divide betting action in half.
The oddsmakers' greatest strength for dividing
betting action in half
is based on the fact that
most sports bettors make their betting decisions
by relying on some level of information they have
collected about the matchup. As a result, Vegas' oddsmakers
may have fine developed techniques that allow them to measure
the level of information that
prospective sports bettors
know about a given game before having to create and release
the opening line for that game.
One method oddsmakers use to measure the
information level known to various classes of
sports bettors
about a game is to release an exclusive "unrefined"
test line for select knowledgeable and well respected gamblers or
"Vegas insiders" to bet into.
For inside gamblers who have access to these "unrefined"
test lines, it may be like
having access to free money... Because if the
betting line ends up being far off from the
test line, the game can be
sandwiched by insiders for a hedge on the odds...
But it's well worth it for Vegas.
Because by allowing select insiders an exclusive opportunity to
place bets against
early test lines, oddsmakers get a chance to determine
whether or not select insiders are betting
the same side in a game, whether insiders are split, and how
strongly insiders feel about their selection in terms of how much they
are betting.
Collecting this type of information about how
insiders may be evaluating their
selection on a given game
helps the oddsmakers make an assessment of what the
opening line will need to be set at in order
to generate even betting action
from the combination of inside sports bettors and general
public sports bettors on a given game.
Of course oddsmakers also study general public betting patterns and interest,
but they may be more concerned with
measuring insider betting interest because
insiders place bigger bets (which are harder to balance),
and because insiders may at any moment have access
to more relevant information about a given game than anyone else.
For example, insiders may know:
- what types of strategies the teams plan to use
- whether or not the teams are emotionally ready to play
- who is umpiring the game and what affect it can have on the pitchers' strike zone
- whether the starting pitcher has a blister on his thumb
- or if the starting catcher has a wart on his big toe...
If insiders are in possession of pertinent info
not disseminated to the public prior to the start of
a game BaseballLocks.com believe oddsmakers would have to set lines to
reflect such information to balance betting action.
Therefore it is the belief of the
BaseballLocks.com Backwards Odds Handicapping Strategy that Las Vegas' baseball
odds and betting lines reflect the level of information
that known to the public and insiders about a given game.
BaseballLocks.com believes this to be an extremely important consideration
when conducting Major League Baseball handicapping.
Therefore it is the BaseballLocks.com Backwards Odds view of
MLB handicapping that it's not always the teams that matter, it's not always the stats
that matter, it's often the line on the game that really matters.
The line on the game may show what oddsmakers know, and in turn
what oddsmakers may believe insiders to know.
So how does BaseballLocks.com extract these indications from the line
to make MLB picks? How does BaseballLocks.com pinpoint which teams
it thinks oddsmakers believe have the edge in a given game?
BaseballLocks.com uses its Backwards Odds
Analysis.
Part 5) How BaseballLocks.com Uses Backwards Odds Analysis of Las Vegas'
Major League Baseball Odds and Betting Lines
to Make Baseball Picks:
With oddsmakers and insiders possibly in
possession of game pertinent info,
and with a portion of the public
likely not having a clue as to how such information may affect the
way Vegas' lines are treated,
sports bettors who don't know how to read baseball lines may be
positioned to lose a great percentage of their baseball bets.
Consider the following
progression of a matchup where non-public
information may
exist:
Note - This is how the BaseballLocks.com Backwards Odds View Sees it:
First, oddsmakers must create
an opening line. So they provide select knowledgeable parties
with an early test line allowing oddsmakers
to measure the level
of interest.
The result of the test line
shows that inside information may exist
as these select insiders are betting heavily one way.
So the opening line is
released at a number
that entices the general public
to bet against the team that insiders
are betting on.
The money bet by
the apparantly uninformed public counters
the money placed by insiders
keeping the action even.
Thus, oddsmakers may have just offset the presence of insider
information using the
general publics' uninformed take on a game to set the
line at a number
that literally entices the public to balance insider action
by betting on the team that insiders and now oddsmakers
may perceive as being the disadvantaged team.
This is the BaseballLocks.com Backwards Odds Handicapping View.
But this view should not be construed to be a guarantee of success
of any individual game that BaseballLocks.com makes a pick in.
Nor should it be construed as a guarantee of success of any full season
of picks or any other sequence or time period of baseball picks.
After all, baseball betting does contain risk because
handicapping baseball is a prediction of future events. And
BaseballLocks.com cannot guarantee the future.
Moving on with the
BaseballLocks.com Backwards Odds Handicapping Strategy.
Unreleased or inside information on a game may also
manifest itself to insiders, for example, after the opening line
has been set...
In such cases, it is the belief of BaseballLocks.com that the line
may be adjusted in such cases to entice the general public to bet
on the disadvantaged team for that given game
to possibly balance insider action.
Is the setting and moving of lines unethical?
Probably not. After all, it's not the oddsmakers' duty to
report everything they may or may not know about a
given game.
But it is the oddsmakers' duty to set the line at a number
that draws even action. If they didn't, Vegas couldn't
consistently make
any juice and you wouldn't be able to place sports bets...
So BaseballLocks.com believes that when inside information or an inside read exists,
oddsmakers simply react by setting the line at a number that
balances action, even if it means enticing some bettors to bet on a team that
so called insiders
or oddsmakers may perceive as being the disadvantaged team.
BaseballLocks.com uses such logic as stated above
in its Backwards Odds Handicapping Approach to handicapping
baseball games.
Part 6) Don't Fail to Acknowledge
That There May Be Clues as to the Perspective of Insiders and Oddsmakers
When Viewing Baseball Lines:
If you fail to acknowledge that lines may be able to be analyzed by Backwards Odds Analysis
you could be
at risk to experience a reduction in your chances
of winning baseball bets
as you may be enticed into betting
games with seemingly favorable odds when information
may exist that says otherwise.
Simply stated, by ignoring possible indications in the line,
you may be reducing your chances of winning baseball bets.
BaseballLocks.com believes the key to making successful baseball picks
is to
use Backwards Odds Analysis of Las Vegas' baseball lines
to make an assessment as to
how hard lines may be driven by the existence of
inside information. Of course
public perception may come into play too.
Part 7) Working Hard to Make Winning Baseball Picks:
BaseballLocks.com believes that Whether or not such game deciding info
exists in a specific game may be determined by
an analysis of the Vegas line for that given
game. But it should be noted that BaseballLocks.com does not claim to know
any inside information. BaseballLocks.com simply seeks to identify the possible
presence of such information through a Backwards Odds Analysis of the line.
Furthermore, the possible presence of such information in a given game
does not serve as a guarantee of any given result, in any way shape or form.
Hence, BaseballLocks.com uses its Backwards Odds Handicapping
in an effort to uncover which way, if any, oddsmakers and/or insiders
may be favoring in a given game. But there can be no guarantees. And there is
no guarantee of a profit.
BaseballLocks.com believes that limiting yourself to a
Backwards MLB odds analysis
for baseball bet selection may put you on
the winning side with greater frequency
compared to solely using
techniques such as
worrying about
which pitcher is better-- or
which team has the better record at
day or night, or other stats and trends without consideration of the line.
Part 8) Getting MLB Picks
Made Using Backwards Odds Analysis of Vegas'
MLB Lines From BaseballLocks.com:
If you're ready to get
Major League baseball picks made using
Backwards Odds Handicapping Analysis of
Las Vegas' MLB betting lines,
you have come to the right place.
BaseballLOCKS.com
is the pioneer of Backwards Odds Handicapping
for baseball bet selection.
23 years of studying the propensity of different types of teams to
win with respect to how the line has been set
and maintained by Vegas' oddsmakers is the BaseballLocks.com
key to maximizing its chances of pinpointing
indications in the line as to which team
insiders and oddsmakers may possibly view as possessing a possible unpublicized
advantage in a given game.
So for Backwards Odds Handicapped baseball picks,
let BaseballLOCKS.com
make picks in
Major League Baseball games for you.
One final note before you move on to the
baseball pick(s)
if currently available:
Don't ever bet "the ranch" on a single game...
BaseballLocks.com believes in only wagering with
an amount that's affordable to the given bettor. If you
don't have the discipline to do this, please leave this site
now because you are a prime candidate to
lose money even while possessing a winning record...
Of course, even if you do not have the discipline,
getting the discipline is possible,
because you're already becoming a more aware player
having just read
an introduction about how BaseballLocks.com uses Backwards Odds Analysis
of Las Vegas' baseball lines to try to
beat Las Vegas at its own proposition.
So for you disciplined sports betting types...
Click here now to get the current MLB pick
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BaseballLOCKS.com hopes this has been a valuable introduction
to our service of providing baseball picks made using our Backwards Odds Handicapping
strategy.
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