Wizards sign C Armstrong
Basketball Betting Lines
07/13/2010 -
Washington, DC (Sportsbook Betting Lines) - The Washington Wizards on Tuesday signed
center Hilton Armstrong. Per team policy, terms of the deal were not
announced.
The 6-foot-11, 235-pounder has averaged 3.4 points and 2.6 rebounds in 224
career games (37 starts) over four seasons with New Orleans, Sacramento, and
Houston.
Armstrong was originally picked 12th overall in the 2006 NBA Draft by the
Hornets.
<< Mavs sign Dominique Jones
Dallas, TX (Sportsbook Betting Lines) - The Dallas Mavericks signed Dominique Jones on
Tuesday. Per team policy, terms of the deal were not disclosed.
The 6-foot-4, 215-pound guard was originally drafted by the Memphis Grizzlies
with the 25th over
<< Chicago's Masar named WPS Player of Week
Bridgeview, IL (Sportsbook Betting Lines) - Chicago Red Stars forward Ella Masar was
named Women's Professional Soccer's Player of the Week for Week 13 on Tuesday
after scoring a pair of goals.
Masar scored the equalizer in a 1-1 tie against the
<< Stoke City signs veteran goalie Nash
Stoke-on-Trent, England (Sportsbook Betting Lines) - Veteran goalkeeper Carlo Nash has
agreed a one-year deal to join Stoke City.
Nash, 36, has joined up the Potters at their pre-season training camp in
Austria after being released by Everton.
<< Bulls officially add Korver
Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls announced Tuesday they have
signed sharpshooter Kyle Korver.
Terms of the contract were not disclosed, but several days ago the Chicago
Tribune reported it was a three-year, $15 million
<< Stars sign RW Glennie
Frisco, TX (Sportsbook Betting Lines) - The Dallas Stars have signed right wing Scott
Glennie to a three-year, entry-level contract on Tuesday.
The eighth overall pick by Dallas in the 2009 draft, Glennie spent last season
with the Brandon Wheat
Hornets, Bower part ways >>
New Orleans, LA (Sportsbook Betting Lines) - The New Orleans Hornets announced Tuesday
that the club and general manager Jeff Bower have mutually agreed to part
ways, effective immediately.
"We feel it is in the best interest for us and Je
Pittsburgh gets 2013 Frozen Four, Philly in 2014 >>
Indianapolis, IN (Sportsbook Betting Lines) - Pittsburgh will host the 2013 men's ice
hockey Frozen Four, and the 2014 event will be held in Philadelphia.
The Consol Energy Center will be the site of the 2013 Frozen Four, and the
following year
Current Yankees remember Steinbrenner >>
Anaheim, CA (Sportsbook Betting Lines) - Yankees manager Joe Girardi spoke about a time
in spring training when he and his wife were walking their dog, a white
bichon, on the manicured grass when he encountered owner George Steinbrenner.
He ex
Southern Nevada's Bryce Harper wins Golden Spikes Award >>
Anaheim, CA (Sportsbook Betting Lines) - Southern Nevada slugger Bryce Harper, the top
overall pick in the 2010 Major League Baseball First-Year Player Draft, has
won the USA Baseball Golden Spikes Award, presented to the top amateur
basebal
Griffin ahead at Publinx in second stroke-play round >>
Greensboro, NC (Sportsbook Betting Lines) - John-Tyler Griffin of Georgia Tech holds a
one-shot lead after playing two rounds of the U.S. Amateur Public Links.
Griffin, who is from Wilson, North Carolina, about two hours west of
Greensboro
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.”
To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.
Big 12 Conference betting odds
Work left to do: Texas Tech, Oklahoma State, Kansas State
Texas joins Texas A&M and Kansas as locks after getting league win No. 11. Texas Tech greatly helped its own hopes and crippled OK State's with the two-point win Saturday. Is K-State the last reasonable hopeful? Could be an elimination match in Stillwater on Tuesday, at least for the Cowboys.
Work left to do:
Texas Tech [18-11 (7-7), RPI: 44, SOS: 12] A critical two-point win over OK State leaves the Red Raiders with Baylor and at Iowa State left. Get both and the Red Raiders likely are good to go. Get one and there could be some interesting comparisons with a K-State team that could finish two or three games "ahead" of them in the standings but doesn't have any of the quality wins Texas Tech has. Not a lot in nonconference play (against Arkansas in Little Rock being the best win, by far) to lean on.
Oklahoma State [18-9 (5-8), RPI: 50, SOS: 35] Still without a road win, the Cowboys now need to win two on the road just to get to .500 in conference play. It's hard to recall a team (OK, other than Clemson) falling so precipitously from lock status to almost certainly out of the NCAAs at this point. There are wins to be had in the last three, including a very big home game against K-State on Tuesday, but this team is reeling. Can you tell the pressure to win is getting to them with the way the final possession played out at Texas Tech? There are some good nonconference performances to lean on, specifically beating Missouri State and Syracuse on neutral floors and Pitt in OK City, but if the Pokes don't right this very, very soon, that won't be enough.
Kansas State [20-9 (9-5), RPI: 56, SOS: 96] It pays to be in the Big 12 North. The nine league wins are Colorado (twice), Missouri (twice), Iowa State (twice), Baylor, Nebraska and (a good one against) Texas. That helps explain the middling computer profile. The win over USC is nice, but the nonconference leaves a lot to be desired. The game at OK State in Stillwater on Tuesday is huge, as it could KO the Cowboys and leave K-State with a home date against Oklahoma with which to work.
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