NASCAR confiscates parts from Johnson's Daytona 500 car

Autoracing Betting Lines

02/17/2012 - Daytona Beach, FL (Sportsbook Betting Lines) - Jimmie Johnson's Daytona 500 car failed opening day inspection on Friday at Daytona International Speedway after NASCAR officials discovered a template (body) violation on his car.

Officials found the "C-posts" -- the panel that connects the rear of the car's roof to the top of the rear quarter panel or deck lid area -- to be illegal and therefore confiscated the parts for further investigation at NASCAR's Research and Development Center in Concord, NC.

"The 48 car had a body modification on it that was outside of what our tolerances are or what the original surface definitions for the body were," Sprint Cup Series director John Darby said. "What you would normally see is exactly what the original surface of the car should be.

"There were some obvious modifications that the template inspectors picked up on, and we did some additional inspections with some gauges and stuff and found that they were just too far out of tolerance to fix, so they were removed from the car. I think the team is working now on getting the correct pieces flown down here [from North Carolina], so they can get them all welded back in."

Johnson's team must fix the issue on the car and remit it for inspection before they can participate in the first practice for the Daytona 500, which is scheduled for Saturday morning. Qualifying is slated for Sunday at 1:00 p.m. (et).

Penalties could be forthcoming to Johnson's No.48 Hendrick Motorsports team, including possible suspension of crew chief Chad Knaus and other members of the team.

Robin Pemberton, NASCAR's vice president of competition, said any penalties would be announced after Daytona Speedweeks concludes with the February 26 Daytona 500. Pemberton also noted this violation would not result in any members of the No.48 team being ejected from the racetrack for the remainder of Speedweeks.

The three other cars from Hendrick -- Jeff Gordon, Dale Earnhardt Jr. and Kasey Kahne -- had no issues during inspection.

In 2006, Johnson's car failed post-qualifying inspection for the Daytona 500, with officials discovering an unapproved template modification to the rear window area. Knaus was not allowed to participate in any further Speedweeks activities, including the Daytona 500. He was also suspended for the next three Cup races and received a $25,000 fine.

Johnson went on to win the Daytona 500 for the first time in 2006, with Darian Grubb serving as his interim crew chief at the time.

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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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