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07/31/2010 -
NEW YORK (AP) -The Arizona Diamondbacks have traded catcher Chris Snyder, minor league shortstop Pedro Ciriaco and cash to the Pittsburgh Pirates for infielder Bobby Crosby, outfielder Ryan Church and right-hander D.J. Carrasco.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
<< Indians activate Wood off DL
Toronto, ON (Sportsbook Betting Lines) - The Cleveland Indians on Saturday activated
pitcher Kerry Wood from the 15-day disabled list.
Wood last pitched on July 11 before landing on the DL with a blister on his
right index finger. It was the
<< Bucs agree to terms with McCoy, Penn
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers and first-round draft
pick Gerald McCoy have agreed to terms.
McCoy, a defensive tackle from Oklahoma selected with the third overall pick
of April's draft, reportedly agreed to a fi
<< Rays get Qualls from Diamondbacks
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays have acquired
reliever Chad Qualls from the Arizona Diamondbacks in exchange for a player to
be named later.
The right-handed Qualls has posted an 8.29 earned run average, t
<< Power-swinging Marlins resume series with Padres
(Sportsbook Betting Lines) - Even a trip to spacious Petco Park couldn't derail the
Marlins' power train. Florida seeks a sixth straight victory at the Padres'
home park as it continues a three-game set tonight with San Diego.
The Marlins got home run
Fisher stumbles but still leads Irish Open >>
Killarney, Ireland (Sportsbook Betting Lines) - Ross Fisher played his last 11 holes in
four-over par Saturday, but still managed an even-par 71 and held on to first
place after the third round of the Irish Open.
Fisher, who fired a tournament-record-
Indians scratch Westbrook >>
Toronto, ON (Sportsbook Betting Lines) - The Cleveland Indians have scratched pitcher
Jake Westbrook from Saturday's scheduled start against Toronto.
The MLB Network said Westbrook is on the verge of being traded and reports it
could be a three-way de
Tseng maintains lead at Women's British Open >>
South Port, England (Sportsbook Betting Lines) - Yani Tseng eagled the final hole
Saturday en route to her third straight four-under 68 and a four-shot lead
after the third round of the Women's British Open.
Tseng finished 54 holes at 12-un
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
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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Almost everything on the online sportsbook site is set in the model of simplicity, making the CS clerk’s job easy as well. Each account action made online results in an automated email sent to the client. When calling MySportsbook, the player feels as if his call is in the united states as no accents can be heard through a state of the art telecommunications system. Few online sportsbooks can compete with My Sportsbook when it comes to offering a fun and hassle-free experience to the small to moderate sized gambler.
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