Korda takes lead at Women's Australian Open

Golf Betting Lines

02/11/2012 - Victoria, Australia (Sportsbook Betting Lines) - On a Saturday when many players near the top of the leaderboard struggled, Jessica Korda shot an even-par 73 to claim the lead after three rounds of the Women's Australian Open.

The American Korda sits at four-under-par 215, one shot in front of Nikki Campbell, Hee Kyung Seo and So Yeon Ryu.

The shuffling of the leaderboard came after another tough round at the Royal Melbourne Golf Club.

Ryu, the reigning U.S. Women's Open champion, was the second-round leader but stumbled to a three-over 76 on Saturday. She reached minus-eight early in her round and looked like she might take control of the tournament, but went on to post six bogeys.

Seo was right below Ryu after the second round, but carded a 75 on Saturday.

"It's one of the hardest courses I have ever played," said Seo. "It's probably in the top-five or the top-three, and sometimes the breeze is quite crazy. Also, the green is firm and fast, plus the undulations. Most of the players struggled at times."

Campbell was one of a few players to take advantage of the second-round leaders' struggles, firing a 70 to gain a share of second place.

"The wind was a lot stronger than the first two days," Campbell said. "You had to trust your shots a lot more and stay patient."

Two-time defending champion Yani Tseng (71), Katie Futcher (71) and Lorie Kane (72) are tied for fifth at two-under-par 217.

Ryu and Seo were threatening to pull away from the field early in their rounds.

Ryu birdied the par-five second and followed that with another birdie at the par-three third. Meanwhile, Seo birdied the third, after which Ryu was at eight-under and Seo sat at six-under.

But Ryu's round started to unravel when she gave both shots back with bogeys at the fifth and sixth. She birdied the eighth, but again followed that up with a bogey to make the turn at six-under.

Seo also birdied the eighth, but posted a bogey at the holes immediately before and after and made the turn at five-under.

They began the back nine with their scores back where they were after the second round, but both continued to struggle.

Ryu didn't have a single birdie during her final nine holes, instead recording bogeys at the 11th and 14th. She still had a share of the lead heading to the last, but bogeyed that was as well to drop into second.

Seo double-bogeyed the par-four 14th and bogeyed the 16th to fall two shots behind Korda, but ended the round on a positive note. A birdie at No. 18 lifted her into second.

Like Ryu and Seo, Korda had an up-and-down round. She bogeyed the fifth, but responded with birdies at Nos. 7, 9 and 10 to reach six-under. That would have left Korda as the decisive leader had she stayed at that score, but she dropped shots at the 13th and 17th.

Korda is the daughter of Petr Korda, a former professional tennis player who won the 1998 Australian Open.

"My dad was world No. 2," Korda said. "I told him I want to beat that. It would be a great accomplishment, an awesome thing."

Julieta Granada and Melissa Reid were tied for third with Korda after the second round, but both endured above-par rounds on Saturday. Granada shot a 76 to fall into a tie for eighth at one-under with Brittany Lincicome (73). Reid posted a 77 and sits at even-par overall, tied for 10th with first-round co- leader Stacy Lewis (77).

NOTES: Only nine players sit below par...German Sandra Gal began the third round in contention at one-under, but shot a 10-over 83 on Saturday to tumble into a tie for 53rd...Amateur Lydia Ko, 14, fired a 72 and sits in a tie for 18th at three-over 222. Ko is the youngest winner of a professional golf tournament, having claimed the title at the NSW Open in January.

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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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