Contrary to what many believe, this line is what these odds-makers predict the actual result of the game in question to be.
. In 2004, the company announced a major rate-hike to their service’s subscribers. According to Jeremy Martin’s article on the history of m88 sports betting , odds-makers in the early 1980s kept their records in notebooks. He sold LVSC in 1996, and the company has changed ownership twice since. Often times, they would bet into very same lines they set – an obvious conflict of interest. It is the books, not the LVSC, who doctor game lines if their in-house experts believe they can take advantage of any sort of public sentiment towards a given match-up
Founded by Michael “Roxy” Roxborough in 1982, Las Vegas Sports Consultants (LVSC) is far and away the world’s most important odds-maker for sporting events. Without any major competitors who can match the LVSC’s experience and expertise, everyone paid up; a clear indication that the groups’s place atop the world of odds-making is firmly secure.
Before LVSC, odds-making in Las Vegas was highly decentralized. The bookmakers use the LVSC consensus line as their starting point. Currently, it is owned by Cantor Gaming, an affliate of the global financial services company Cantor Fitzgerald, who acquired it in November 2008.
Although handicapping the games in the most important service the LVSC provides, they also provide books with up-to-the-minute injury and weather information concerning games on the board, as well as advice on how to adjust lines accordingly.
This information is then passed on to clients – the books – who adjust this line according to where the bettors are placing their money.
Despite the proliferation of off-shore Internet-based sportsbooks, the LVSC is still the most influential voice when it comes to setting the opening line for sporting events. Comprised of an elite team of top handicappers, LVSC currently provides the “opening line” to roughly 80% of sportsbooks in Las Vegas, and countless more overseas.”
Roxy” Roxborough and the History of the Las Vegas Sports Consultants
The expert odds-makers at LVSC share opinions and arrived at what they call its “consensus” line. Roxborough, however, played the role of a businessman, and helped to dispel the image of the shifty and shady odds-maker.
What does the LVSC do?
Capitalizing on newly available computer technology, Roxborough turned his one-man operation into a multi-million dollar, fully-staffed company
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