Kings sign free agents Wright and Jeter
Basketball Betting Lines
07/23/2010 -
Sacramento, CA (Sportsbook Betting Lines) - The Sacramento Kings have signed
forward/guard Antoine Wright and guard Pooh Jeter, the team announced Friday.
Wright averaged 6.5 points and 2.8 rebounds per game in 67 contests for
Toronto last season.
Over the course of five seasons and 290 games with the Nets, Mavericks and
Raptors, the 26-year-old Wright has averaged 5.6 points and 2.3 rebounds.
New Jersey selected Wright with the 15th overall pick in the 2005 NBA Draft.
Jeter has spent the last four years playing overseas in Israel, Spain and the
Ukraine.
He just finished playing for Cleveland in the 2010 Summer League and averaged
14.8 points and 5.4 assists per contest.
<< Timberwolves' Kahn fined for inappropriate remarks
New York, NY (Sportsbook Betting Lines) - Minnesota Timberwolves president of basketball
operations David Kahn has been fined $50,000 for his recent remarks about
forward Michael Beasley, for whom the team recently traded.
Kahn spoke about Beasl
<< Riera leaves Liverpool to join Olympiakos
Athens, Greece (Sportsbook Betting Lines) - Albert Riera has left Liverpool to sign with
Olympiakos, the Greek club announced on Friday.
Riera signed with Liverpool from Spanish side Espanyol in 2008 for a fee of
$12 million, but he has now moved t
<< Dynamo jump back into league action at Crew
Columbus, OH (Sportsbook Betting Lines) - The Houston Dynamo get back into Major League
Soccer action on Saturday after a two week break when they travel to take on
the Columbus Crew at Crew Stadium.
The Dynamo (5-7-4) played three SuperLiga
<< Hamburg signs midfielder Kacar to five-year deal
Hamburg, Germany (Sportsbook Betting Lines) - Hamburg signed Serbian midfielder Gojko
Kacar to a five-year contract Friday through the 2014-15 Bundesliga season.
Kacar, 23, previously played for Hertha Berlin, which was relegated after last
season.
<< Spurs sign first-round pick Anderson
San Antonio, TX (Sportsbook Betting Lines) - The San Antonio Spurs have signed guard
James Anderson.
The Spurs selected the 6-foot-6 Anderson with the 20th pick in last month's
draft.
Anderson was named the Big 12 Player of the Year last s
Melzer and Golubev advance to semis in Hamburg >>
Hamburg, Germany (Sportsbook Betting Lines) - Jurgen Melzer and Andrey Golubev were
two of four quarterfinal winners at the German Open Tennis Championships
on Friday.
Melzer dispatched Potito Starace of Italy, 6-4, 6-1, in only 69 minu
Wells, Cubs blank Cards to begin weekend series at Wrigley >>
Chicago, IL (Sportsbook Betting Lines) - Randy Wells turned in seven scoreless innings,
and three different players hit home runs, as Chicago downed St. Louis, 5-0 in
the opener of a three-game set between these perennial rivals at Wrigley
Field.
RSL aims to start new streak vs. Chivas USA >>
Sandy, UT (Sportsbook Betting Lines) - Real Salt Lake will aim to start a new streak
when it hosts Chivas USA in a Major League Soccer tilt on Saturday night at
Rio Tinto Stadium.
RSL (9-4-3) is coming off a 2-0 loss at Dallas that snapped a 10
Seattle tries to build momentum against Rapids >>
Seattle, WA (Sportsbook Betting Lines) - Following a successful first season in Major
League Soccer, Seattle Sounders FC has fallen on hard times as they enter
Sunday's contest with the Colorado Rapids at Qwest Field in seventh place in
the Wes
Chakvetadze reaches semifinals in Slovenia >>
Portoroz, Slovenia (Sportsbook Betting Lines) - Anna Chakvetadze overcame a dropped set
and saved two match points to beat fellow Russian Vera Dushevina on Friday in
the quarterfinals at the Slovenia Open.
The sixth-seeded Dushevina had a 5-3 le
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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