Orioles send Tejada to Padres
Baseball Betting Lines
07/29/2010 - Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles on Thursday traded veteran infielder Miguel Tejada and cash considerations to the San Diego Padres in exchange for right-hander Wynn Pelzer.
Tejada batted .269 with seven home runs and 39 RBI in 97 games with the O's this season. A six-time All-Star, the 36-year-old returned to Baltimore after spending the previous two seasons in Houston.
The 2002 AL MVP recipient with Oakland is a career .288 with 437 doubles, 292 homers and 1,224 RBI in 1,968 contests with the A's, Orioles and Astros.
Pelzer, 24, was 6-9 with a 4.20 earned run average in 22 games (18 starts) for San Diego's Double-A affiliate in San Antonio this season.
Denver, CO (Sportsbook Betting Lines) - Ubaldo Jimenez turned in seven strong innings and Clint Barmes drove in three runs as Colorado blitzed Pittsburgh, 9-3, to stop an eight-game losing skid in the finale of a three-game series at Coors F
<< Sanchez throws gem as Marlins earn split with Giants
San Francisco, CA (Sportsbook Betting Lines) - Anibal Sanchez was nearly perfect on the
mound as he tossed his second career shutout in Florida's 5-0 win over San
Francisco.
Sanchez (8-6), who authored a no-hitter in 2006, gave up just one hi
<< Falcons sign first-round pick Weatherspoon
Flowery Branch, GA (Sportsbook Betting Lines) - The Atlanta Falcons agreed to terms with
their 2010 first-round draft pick, linebacker Sean Weatherspoon, the club
announced on Thursday.
Financial terms were not released.
The 6-foot-2, 244-pou
<< Sens re-sign F Regin
Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators on Thursday re-signed
forward Peter Regin to a two-year contract.
Regin, 24, registered 13 goals and 16 assists in 75 games with the Senators
last season, his first full NHL campaig
<< Hughes named manager at Fulham
London, England (Sportsbook Betting Lines) - Fulham named Mark Hughes its new manager on
Thursday and signed him to a two-year contract.
The former Wales, Blackburn and Manchester City manager replaces Roy Hodgson,
who left to join Arsenal this offs
Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos agreed to terms with quarterback Tim Tebow, a first-round selection in the 2010 NFL Draft, on Thursday. Financial terms were not disclosed, but The Denver Post reports it is a
Steelers sign former Cowboys T Adams >>
Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Steelers have reportedly
signed veteran and longtime Dallas Cowboys tackle Flozell Adams.
The Pittsburgh Post-Gazette on Thursday revealed the deal is for two years.
A former second-ro
Niemi decision expected by Saturday >>
CHICAGO (AP) -Blackhawks general manager Stan Bowman expects to learn on Saturday whether his salary cap-squeezed team will be able to keep restricted free agent goaltender Antti Niemi.After Bowman and Niemi's agent, Bill Zito, were unable to reach
Rangers acquire Cantu from Marlins >>
Arlington, TX (Sportsbook Betting Lines) - The Texas Rangers bolstered their infield,
acquiring Jorge Cantu and cash considerations from the Florida Marlins in
exchange for a pair of pitching prospects.
Cantu, 28, was in the starting lineup
Lorenzen Wright's death ruled a homicide >>
Memphis, TN (Sportsbook Betting Lines) - The death of Lorenzen Wright has reportedly
been termed a homicide by gunshot wound.
The Commercial Appeal cited a police statement in reporting Wright, a former
Memphis basketball star and NBA player,
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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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