Redskins' Haynesworth has swollen knee, sits out again
Football Betting Lines
07/31/2010 - Ashburn, VA (Sportsbook Betting Lines) - Washington Redskins defensive tackle Albert Haynesworth did not practice for a third straight day, though this time because of a swollen knee.
Haynesworth was held out of practice Thursday and Friday after failing to pass a conditioning test each day. But Saturday morning, Haynesworth experienced swelling in his knee and was told not to take the test, which he needs to pass before practicing with the team.
Because Haynesworth did not attend the majority of the team's voluntary offseason programs and skipped the mandatory minicamp in June, due to an objection to his role in the team's new defensive scheme, he must pass the conditioning test.
New head coach Mike Shanahan has said he wants to make sure the two-time Pro Bowl selection is in shape before putting him in practices.
San Jose, CA (Sportsbook Betting Lines) - The San Jose Sharks have re-signed restricted free agent forward Devin Setoguchi to a one-year contract. Financial terms of the contract were not disclosed. Setoguchi, 23, posted 20 goals and 16 assists i
<< Cardinals get Westbrook from Tribe, send Ludwick to San Diego
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Cardinals have acquired pitcher
Jake Westbrook from the Cleveland Indians in a three-team trade that also
involves the San Diego Padres.
Along with Westbrook, St. Louis acquired cash fr
<< Yankees and Astros finalize deal for Berkman
St. Petersburg, FL (Sportsbook Betting Lines) - The New York Yankees and Houston Astros
have finalized a trade for first baseman Lance Berkman.
Berkman and cash considerations will head to the Yankees in exchange for
pitcher Mark Melancon and minor le
<< Diamondbacks and Pirates make trade
Phoenix, AZ (Sportsbook Betting Lines) - The Arizona Diamondbacks have acquired
outfielder Ryan Church, infielder Bobby Crosby and pitcher D.J. Carrasco from
the Pittsburgh Pirates in exchange for catcher Chris Snyder, infielder Pedro
Ciriaco
<< Russians prevail in Istanbul
Istanbul, Turkey (Sportsbook Betting Lines) - Russians Anastasia Pavlyuchenkova and
Elena Vesnina were semifinal winners Saturday and will meet for the title at
the Istanbul Cup.
The third-seeded Pavlyuchenkova earned a 7-6 (7-1), 2-6, 7-5
Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs have traded pitcher Ted Lilly and infielder Ryan Theriot to the Los Angeles Dodgers in exchange for infielder Blake DeWitt and a pair of minor league pitching prospects. Chicago also
Former UNM asst. coach sues current coach, regents >>
ALBUQUERQUE, N.M. (AP) -A former assistant football coach at the University of New Mexico has filed a civil rights lawsuit stemming from an altercation involving coach Mike Locksley.J.B. Gerald filed the lawsuit Friday in U.S. District Court in Albu
Prado has fractured pinky >>
Cincinnati, OH (Sportsbook Betting Lines) - Atlanta Braves second baseman Martin Prado
has a broken right pinky finger and could miss only a week.
Prado was hurt during Friday's win against Cincinnati while sliding head-first
into home plate on Jaso
Veteran WR Patten announces retirement >>
Foxboro, MA (Sportsbook Betting Lines) - David Patten will not play a 13th NFL season in
2010, instead announcing his retirement as a member of the New England
Patriots on Saturday.
Patten played for the Patriots from 2001-04, during which tim
New York waives forward Wolyniec >>
Secaucus, NJ (Sportsbook Betting Lines) - Red Bull New York waived forward John Wolyniec
on Friday night.
Wolyniec played in four regular season matches, including two starts, for New
York this season. He also recorded four goals in four Lamar Hunt U
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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