Bucs release CB Bolden
Football Betting Lines
05/01/2007 -
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers released veteran
cornerback Juran Bolden on Tuesday.
Over the last two seasons, Bolden has appeared in 32 games (13 starts) and has
registered 116 tackles, three interceptions and one sack for Tampa.
Bolden, who primarily played nickel back, became expendable after the
Buccaneers added cornerback Sammy Davis in free agency.
Tampa Bay also released safety Tra Boger, long-snapper Adam Johnson and
defensive tackle Kenny Smith.
<< Bartoli, Schiavone advance in Estoril
Estoril, Portugal (Sportsbook Betting Lines) - Top seeds Marion Bartoli and Francesca
Schiavone were among Tuesday's first-round winners at the $145,000 Estoril
Open.
The French Bartoli blew past Portuguese wild card Neuza Silva 6-2, 6-1, whil
<< Greisen, Jones & Alfonzo earn AFL Weekly honors
New York, NY (Sportsbook Betting Lines) - Georgia Force QB CHRIS GREISEN, San Jose
SaberCats OL/DL RONALD JONES, and Chicago Rush WR/LB DEJUAN ALFONZO have been
named Offensive Player, ADT Defensive Player, and Ironman of the Week,
respectively, for We
<< Czech Republic, Russia win groups at Hockey Worlds
Moscow, Russia (Sportsbook Betting Lines) - The United States rallied to tie the game
late, but a goal from Jaroslav Bednar with 1:08 to play lifted the Czech
Republic to a 4-3 win and first place in Group B at the 2007 World Ice Hockey
Champio
<< Dementieva advances in chilly Warsaw
Warsaw, Poland (Sportsbook Betting Lines) - Two-time Grand Slam runner-up Elena
Dementieva highlighted Tuesday's first-round winners at the J&S Cup tennis
event.
A seventh-seeded Dementieva came from behind to beat American Meilen Tu 6
<< Indians send Carmona to Triple-A
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians optioned right-
handed pitcher Fausto Carmona to Triple-A Buffalo on Tuesday, and recalled
outfielder Ben Francisco.
Carmona made four starts for the Indians while fillin
Marlins call it Riding the D-Train >>
(Sportsbook Betting Lines) - And did we tell you the name of the game, Florida?
We call it riding the D-Train.
Marlins starting pitcher Dontrelle Willis is certainly off to a heck of a
start, and this season could be a monster for the high-kick
Denver Broncos 2007 NFL Draft Review >>
(Sportsbook Betting Lines) -
1 - Jarvis Moss, DE, Florida (6-6, 251); 2 - Tim Crowder, DE, Texas (6-4,
271); 3 - Ryan Harris, T, Notre Dame (6-5, 299); 4 - Marcus Thomas, DT,
Florida (6-3, 296)
Analysis: The Broncos shocked no one by selecting Moss
Cubs starting to awake from early-season hibernation >>
(Sportsbook Betting Lines) - It hasn't been a particularly smooth first month of the
season for the Chicago Cubs, but at least there were a few encouraging moments
for Lou Piniella's beleaguered club during the final days of April.
The Cubs put togeth
Nationwide Tour shuffles '07 dates >>
Ponte Vedra Beach, FL (Sportsbook Betting Lines) - The Nationwide Tour announced two
changes to its 2007 schedule on Tuesday.
The Chattanooga Classic, originally scheduled for next week, has been moved to
October 15-21.
The PalmettoPride Class
Marlins reinstate Nolasco from DL >>
Flushing, NY (Sportsbook Betting Lines) - The Florida Marlins reinstated starting
pitcher Ricky Nolasco from the 15-day disabled list on Tuesday, in time for
his scheduled start against the New York Mets.
Nolasco was placed on the DL on A
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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