Report: Clemens to be indicted for perjury
Baseball Betting Lines
08/19/2010 - New York, NY (Sportsbook Betting Lines) - Roger Clemens will reportedly be indicted for perjury, according to the New York Times.
The paper cited two sources in reporting federal authorities will indict Clemens, charging he made false statements to Congress. The report said an announcement is expected soon.
Clemens testified before the House Committee on Oversight and Government Reform in February 2008 that he never took performance-enhancing drugs. However, ex-trainer Brian McNamee has said repeatedly that he injected the seven-time Cy Young Award winner with steroids and human growth hormone from 1998-2001.
The 48-year-old Clemens, who has been out of baseball since 2007, has said the only thing McNamee ever injected into him was a pain-killer called lidocaine and the vitamin B-12.
Bronx, NY (Sportsbook Betting Lines) - The New York Yankees placed designated hitter Lance Berkman on the 15-day disabled list Thursday with a sprained right ankle. The move is retroactive to August 16. The day before in a game against Kans
<< Vikings' Harvin has migraine attack at practice
EDEN PRAIRIE, Minn. (AP) -Minnesota Vikings wide receiver Percy Harvin has been taken to a hospital by ambulance after passing out at the beginning of practice.Coach Brad Childress says Harvin was able to speak, but was disoriented for a few minutes
<< Nats put Willingham on DL, activate Morgan
Atlanta, GA (Sportsbook Betting Lines) - The Washington Nationals placed outfielder Josh
Willingham on the 15-day disabled list on Thursday and activated outfielder
Nyjer Morgan.
Willingham, whose move is retroactive to August 16, has a medial meni
<< Cubs recall OF Fuld
Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs recalled outfielder Sam Fuld
from Triple-A Iowa on Thursday.
He joins the Cubs for the first time this season.
Over 79 games in parts of the 2007 and 2009 seasons, he has batted .282 with a
<< NFL upholds Cushing's suspension
New York, NY (Sportsbook Betting Lines) - NFL Commissioner Roger Goodell has decided he
will not alter the suspension of Houston Texans linebacker Brian Cushing, the
league announced Thursday.
"At the request of Texans owner Bob McNair, Commissi
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Cardinals have acquired third baseman Pedro Feliz and cash considerations from the Houston Astros in exchange for minor league pitcher David Carpenter. Feliz was batting .221 with f
Twins need to play it safe with Morneau >>
(Sportsbook Betting Lines) - The Minnesota Twins won the American League Central last
season with first baseman Justin Morneau on the shelf for the stretch run.
If the Twins are going to reach the postseason again this season, they may very
well hav
Padres place Gwynn on DL >>
Chicago, IL (Sportsbook Betting Lines) - The San Diego Padres placed outfielder Tony
Gwynn Jr. on the 15-day disabled list Thursday with a fractured hamate bone in
his right hand.
Gwynn has appeared in 103 games for San Diego this season and is b
Arsenal's Frimpong to miss 6-9 months >>
London, England (Sportsbook Betting Lines) - Arsenal midfielder Emmanuel Frimpong could
miss the entire English Premier League season after tearing ligaments in his
knee, including the cruciate, the club announced Thursday.
Frimpong suffered the in
Kapur in front at Czech Open >>
Celadna, Czech Republic (Sportsbook Betting Lines) - Shiv Kapur fired a six-under 66 on
Thursday to take the first-round lead of the Czech Open at Prosper Golf
Resort.
Tano Goya and Peter Hanson are knotted in second place at five-under
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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