Blue Jackets re-sign Stralman
Hockey Betting Lines
07/28/2010 - COLUMBUS, Ohio (AP) -The Columbus Blue Jackets and defenseman Anton Stralman have agreed on a one-year contract, just minutes before they were to go to arbitration on Wednesday morning. General manager Scott Howson announced the re-signing. Stralman, who turns 24 on Sunday, had six goals and 28 assists with 37 penalty minutes in 73 games with the Blue Jackets last season, leading club defensemen in assists and points and ranking second in goals and time on ice (20:29). The native of Tibro, Sweden, was acquired on Sept. 28, 2009, from Calgary for a third-round pick in this summer's draft. He has played in 161 games with the Blue Jackets and Toronto Maple Leafs.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
<< McCourty comes to terms with Patriots
Boston, MA (Sportsbook Betting Lines) - The New England Patriots and first-round draft
pick Devin McCourty have agreed to terms of a contract.
McCourty's agent, Andy Simms, posted the news on his Twitter feed Wednesday
morning.
Terms of the
<< Panthers agree to terms with Clausen
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have reportedly agreed
to terms with rookie quarterback Jimmy Clausen.
According to the Charlotte Observer, Clausen has a four-year deal that could
be worth as much as $6.3 million.
T
<< Magic extend Van Gundy
Orlando, FL (Sportsbook Betting Lines) - The Orlando Magic have extended the contract of
head coach Stan Van Gundy through the 2012-13 season.
The team also announced Alex Martins has been promoted to team president and
Otis Smith to president of ba
<< Warriors' Lin hopes to beat Harvard stereotypes
TAIPEI, Taiwan (AP) -The first Taiwanese-American signed by an NBA team hopes to overcome the negative stereotype of playing college basketball at Harvard, and eventually wants to be a minister in an inner-city neighborhood.Undrafted point guard Jer
<< Bartoli, Sharapova reach second round in Stanford
Stanford, CA (Sportsbook Betting Lines) - Reigning champion Marion Bartoli and former
World No. 1 Maria Sharapova were first-round victors Tuesday at the $700,000
Bank of the West Classic tennis event.
The former Wimbledon runner-up Bartoli handl
White Sox, Buehrle hope to extend home streak versus Mariners >>
(Sportsbook Betting Lines) - Mark Buehrle tries to lead the Chicago White Sox to their
10th straight home win this evening when they resume their four-game series
against the Seattle Mariners at U.S. Cellular Field.
Buehrle has been a big reason behin
Astros vie to extend series win streak over Cubs >>
(Sportsbook Betting Lines) - The Houston Astros have yet to lose a series to the Chicago
Cubs this year. Starting pitcher Bud Norris getting his first victory in well
over two months would keep that stretch going.
Norris and the Astros aim for a fourt
Red Sox turn to Beckett aiming for sweep of Angels >>
(Sportsbook Betting Lines) - Josh Beckett makes his second start since returning from
the disabled list this afternoon when the Boston Red Sox try to complete a
three-game sweep against the LA Angels of Anaheim at Angel Stadium.
Boston, which was swep
Struggling Rockies seek to bring skid to a close against Pirates >>
(Sportsbook Betting Lines) - The Colorado Rockies try to avoid their eighth straight
loss this evening when they play the middle test of their three-game series
with the Pittsburgh Pirates at Coors Field.
Following a 2-9 road trip, things didn't get a
Santana, Garcia duel again in Mets-Cards clash >>
(Sportsbook Betting Lines) - The last time St. Louis Cardinals pitcher Jamie Garcia
faced New York Mets ace Johan Santana, the rookie was able to match the two-
time Cy Young Award winner pitch-for-pitch.
He may find that to be more difficult tonight.
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.
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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Bonds nearly hits HR 751, SF wins
4 and drove in
a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat
1, in the middle contest of three at AT&T Park.
6) allowed five hits and one run over 6 2/3 innings, fanning
eight and walking three.
game slide.
Bonds, who came within five homers of Hank Aaron's record on Friday, went
1 with three walks, an RBI double and scored twice. The double ...
read more
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