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03/08/2010 - Fort Myers, FL (Sportsbook Betting Lines) - The Boston Red Sox agreed to terms with 13 players on one-year contracts for the 2010 season on Monday. No further terms were disclosed.
Agreeing to terms were pitchers Daniel Bard, Michael Bowden, Clay Buchholz, Felix Doubront, Ramon A. Ramirez and Dustin Richardson; catchers Dusty Brown and Mark Wagner; infielders Aaron Bates, Tug Hulett and Jed Lowrie; and outfielders Jacoby Ellsbury and Josh Reddick.
Bard pitched 49 games out of the bullpen last season and went 2-2 with a 3.65 earned run average.
Buchholz started 16 games last season, his third in the league, and went 7-4 with a 4.21 ERA.
Lowrie battled wrist problems all last season and was limited to just 32 games in his second campaign. He batted just .147 with two homers and 11 RBI.
Ellsbury played his third season last year and hit eight homers with 60 RBI and a .301 batting average.
<< Redskins bring back Rabach
Ashburn, VA (Sportsbook Betting Lines) - The Washington Redskins have re-signed center
Casey Rabach, the team announced Monday.
Rabach has spent the last five seasons with the Redskins and has been
extremely durable, making 79 starts in tha
<< Panthers release FB Hoover
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have released veteran
fullback Brad Hoover, the team announced Monday.
Hoover has spent all 10 of his NFL seasons with the Panthers, and last season
played in 11 games, serving as
<< Bills sign OL Green
Orchard Park, NY (Sportsbook Betting Lines) - The Buffalo Bills have signed offensive
lineman Cornell Green to a multi-year contract.
Green, who will turn 34 years old this August, spent the last three seasons
with the Oakland Raiders and made 3
<< Chiefs bring back WR Chambers
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs re-signed wide
receiver Chris Chambers on Monday. Details of the contract were not
announced.
The 11-year veteran started the last nine games in 2009 and had 36 catch
Bruins' Savard has Grade 2 concussion >>
Boston, MA (Sportsbook Betting Lines) - Boston Bruins forward Marc Savard has a Grade 2
concussion, general manager Peter Chiarelli announced Monday.
There is no timetable for Savard's return. He will be monitored by the Bruins
medical staff and tea
Nuggets' Martin to receive therapy for ailing knee >>
Denver, CO (Sportsbook Betting Lines) - Denver Nuggets forward Kenyon Martin will have
Platelet Rich Plasma therapy on his left knee, the team announced on Monday.
Martin sat out Denver's past two games, wins against Portland on Sunday and
Indian
No. 5 Xavier escapes in OT to win A-10 title >>
Upper Marlboro, MD (Sportsbook Betting Lines) - Amber Harris scored a game-high 23
points to lead the fifth-ranked Xavier Musketeers over the Temple Owls, 57-55,
in overtime of the Atlantic Ten Conference Tournament final.
Special Jennings chip
Cavs F Antawn Jamison leaves game >>
CLEVELAND (AP) -Cavaliers forward Antawn Jamison has left Cleveland's game against San Antonio in the third quarter with stiffness behind his left knee.The Cavaliers provided a vague update on Jamison, who was recently acquired in a trade with Washi
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. “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).
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.
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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