Antonio Pierce retires; heads to TV
Football Betting Lines
07/08/2010 -
Bristol, CT (Sportsbook Betting Lines) - Former linebacker Antonio Pierce has decided to
retire and will become an NFL analyst for ESPN.
Pierce spent the past five seasons with the New York Giants and played his
first four years with the Washington Redskins. He was released by the Giants
in February after an injury cut short his 2009 season.
The veteran appeared in only nine games last year because of a bulging disc in
his neck and posted 55 tackles with one sack. He was a Pro Bowl selection in
2006 with the Giants and helped New York win Super Bowl XLII after the 2007
season.
Over 124 career games, Pierce compiled 692 tackles with 8 1/2 sacks and seven
interceptions.
<< Latos shoots for win No. 10 in DC
(Sportsbook Betting Lines) - At just 22 years old, Mat Latos has quickly emerged as the
ace of a San Diego staff that's been among the best in baseball this season.
The Padres will ask their young standout to play the role of stopper when the
National L
<< Astros go for sweep of Pirates
(Sportsbook Betting Lines) - The Houston Astros may not have provided Roy Oswalt much
run support over the course of this season, but the team has had little
trouble generating offense in its battles with the Pittsburgh Pirates.
Houston seeks to rem
<< Reds make a stop in south Philly
(Sportsbook Betting Lines) - A strong finish to their 11-game road trip will have the
Cincinnati Reds leading the National League Central heading into the All-Star
break.
The Philadelphia Phillies, meanwhile, now need to erase their largest defic
<< Marquee pitching matchup highlights finale in Colorado
(Sportsbook Betting Lines) - The good news for a St. Louis Cardinals team that's been
handed back-to-back stinging defeats to the Colorado Rockies is that it will
have Chris Carpenter on the mound for the finale of this three-game series.
The bad news
<< Giants go for sweep in Brew City
(Sportsbook Betting Lines) - Slowly, the San Francisco Giants are getting themselves
back into contention in the National League West and their solid offensive run
as of late has come at the expense of the sliding Milwaukee Brewers.
Giants hurler
Free agency a bust so far for Kings >>
Philadelphia, PA (Sportsbook Betting Lines) - The Los Angeles area is home to Venice
Beach, Hollywood and the famous 90210 zip code. The Fresh Prince once called it
home (on television at least), and former Yankee icon Joe Torre made the jump
from the Bi
CFL East Division: Despite loss, Als still team to beat >>
Toronto, Canada (Sportsbook Betting Lines) - Typically, when a team loses, adjustments
are made to account for those failings. And although the Montreal Alouettes had
many of those in their overtime loss to Saskatchewan, they're likely to win a
whole lot
Bucks officially sign Salmons and Gooden >>
Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Bucks made it official on
Thursday and signed guard John Salmons and forward Drew Gooden to multi-year
contracts.
Financial terms were not disclosed. However, the Milwaukee Journal-Se
Wild re-sign Earl >>
St. Paul, MN (Sportsbook Betting Lines) - The Minnesota Wild have re-signed left wing
Robbie Earl to a one-year contract.
Earl, who was an unrestricted free agent, appeared in 32 games for the Wild
last season and notched six goals. He also po
Goydos shoots 59 at John Deere Classic >>
Silvis, IL (Sportsbook Betting Lines) - Paul Goydos became the fourth player in PGA Tour
history to shoot a 59 Thursday during the first round of the John Deere
Classic.
Goydos made a seven-foot birdie putt on the 18th hole at TPC Deere Ru
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.
Numerous College Basketball teams take final big step to March Madness betting
So, what turned on the lock spigot? Well, after what felt like weeks of teams treading water and slipping back into the bubble muck, a bunch of them finally decided to say "to heck with parity" and won games that should put them into the Big Dance.
Disagree with some of these? Then here's the challenge. Take all of the "should be ins" and make a legit case that each should be ahead of the team that's a lock. Then find 10 more teams that also should be placed in the bracket ahead of that lock team. Not so easy, is it?
If you want more evidence that these locks should be good to go, check out what our research department dug up. Since the NCAA Tournament went to 64 teams in 1985, only six teams from a "big six" conference have had a record of 10-6 or better in conference play and not been selected: Colorado (2004) and Nebraska (1999) from the Big 12, Boston College and Seton Hall (both 2003) from the Big East, Indiana (2005) from the Big Ten and UCLA, which somehow went 12-6 in the Pac-10 in 1988 and still missed out. (Note: Five teams went 11-7 and didn't get in, the latest being last season's Stanford team, which had a brutal nonconference run.)
Yes, 10 conference wins doesn't always mean what it used to because of unbalanced schedules, but this season, it should be plenty good in all but the extreme cases (see: Iowa).
In a way, this is a welcome development, because this is a bubble watch, not a lock watch. We can finally be done with teams like Maryland and Virginia Tech and start really bearing down on at-large battles such as Syracuse-West Virginia and Appalachian State-Georgia Tech.
Interestingly, all the shifting of teams into lock status appears to be more administrative than impactful. The number of remaining available at-larges didn't change one iota. The only difference is that teams on the bubble now have a clearer idea of which team(s) they are competing with for those precious bids.
As always, I've tried to be as inclusive as possible while only including teams that would have a reasonable chance of at least being discussed if this were Selection Sunday. If your team's not on here, there's probably a good reason (or three) -- start with the RPI and SOS numbers and work your way down.
(Please remember, per selection committee criteria, that records displayed are Division I only. Next update: Feb. 28)
If you have a legitimate grievance, or just like talking bubble, send an e-mail. Polite ones with fact-based arguments have a much better chance of receiving a response. I apologize in advance if I can't get back to all of you.
Atlantic Coast Conference
Work left to do: Clemson, Florida State, Georgia Tech
The ACC moves to six locks as BC, Va Tech and Virginia all got their 10th ACC wins, which should be more than enough this season, and Maryland rallied past North Carolina to get the final piece the Terps needed. After that? It could end there unless FSU, Ga Tech or Clemson picks things up in a hurry.
Work left to do:
Clemson [19-9 (5-9), RPI: 41, SOS: 42] The Tigers are closer to locking up the collapse of the year award (in a good battle with OK State) than they are to grabbing an at-large. Clemson's been very competitive, but there's no really positive way you can spin nine losses in 11 games. They now cannot get to .500 in ACC play and still must head to Virginia Tech in the season finale (after hosting Miami). Unless the Tigers win both and/or do some serious work in the ACC tourney, they very well could be left out. There are no great nonconference wins, but ODU, App State, Miss. State, South Carolina and Georgia are all respectable W's.
Florida State [18-11 (6-9), RPI: 48, SOS: 14] The Noles got thrashed at Maryland to run their losing streak to five, but then pounded NC State at home to set the table for what likely is an elimination game at Miami. You can at least make a case for the Seminoles at 7-9 in ACC play (and some work in the ACC tourney), but 6-10 is not going to cut it. Wins at Duke and over Florida will resonate, but the computer numbers remain questionable. Beyond Florida, FSU thrashed bubble buddy Providence, but there's not a ton beyond those two games that will help. They didn't show well in big-time opportunities against Pitt and Wisconsin (before the Florida win).
Georgia Tech [18-10 (6-8), RPI: 51, SOS: 46] The Jackets beat Wake on Wednesday but couldn't get it done at UVa on Saturday, which could be a crucial loss with UNC and BC (both at home) remaining and 8-8 almost a certain need for at-large consideration. A nonconference win over Memphis helps, but the RPI and SOS are not at-large quality right now; if you combine those with a sub-.500 ACC mark, that could spell NIT for GT.
For more College Basketball betting lines go to MySportsbook.com
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