Richard shines as Padres down Dodgers
Baseball Betting Lines
07/29/2010 -
San Diego, CA (Sportsbook Betting Lines) - Jerry Hairston Jr. drove in three runs and
Clayton Richard was solid in six innings on the mound, as the San Diego Padres
took down the Los Angeles Dodgers, 6-1, in the middle installment of a three-
game set from Petco Park.
Richard (8-5) gave up one run on four hits for the Padres, who bounced back
from a 2-0 loss in the opener of this series. He also struck out six and
walked one.
Chris Denorfia, Nick Hundley, and Adrian Gonzalez each had an RBI for NL West-
leading San Diego, which has won four of five.
<< Report: Astros have deal in place to send Oswalt to Phillies
Houston, TX (Sportsbook Betting Lines) - The Houston Astros reportedly have a deal in
place to send starting pitcher Roy Oswalt to the Philadelphia Phillies.
FOX 26 in Houston reports the only thing standing in the way is for the right-
hander to
<< Body of missing Lorenzen Wright found
Memphis, TN (Sportsbook Betting Lines) - The body of Lorenzen Wright, who had been
missing since last week, has been found by law enforcement officials.
According to The Commercial Appeal, the body of Wright, a former Memphis
basketball s
<< Jones homers twice as Pirates down Rockies
Denver, CO (Sportsbook Betting Lines) - Garrett Jones homered twice as part of a four-
hit night and drove in three runs as the Pirates overcame an early injury to
pitcher Ross Ohlendorf to beat the Colorado Rockies, 6-2, at Coors Field.
Neil Walk
<< Cardinals edge Mets in 13 innings
Flushing, NY (Sportsbook Betting Lines) - Albert Pujols drove in the go-ahead run with a
single in the top of the 13th inning, as the St. Louis Cardinals snuck past
the New York Mets, 8-7, in the second test of a three-game series from Citi
Field.
<< Yankees rough up Carmona, Tribe
Cleveland, OH (Sportsbook Betting Lines) - Mark Teixeira and Brett Gardner each had two
hits and two runs batted in, as the New York Yankees roughed up Fausto Carmona
in an 8-0 victory over the Cleveland Indians.
Robinson Cano doubled and slugged
Stosur into quarterfinals in Stanford >>
Stanford, CA (Sportsbook Betting Lines) - Top-seeded Australian Samantha Stosur moved
into the quarterfinals at the $700,000 Bank of the West Classic tennis event
with a 6-1, 7-5 victory over American qualifier Christina McHale.
Stosur, who los
Pitino to face more questions in extortion case >>
LOUISVILLE, Ky. (AP) -Louisville basketball coach Rick Pitino is used to answering questions from reporters.On Thursday, Pitino faces questions unlike anything he's answered at a press conference.Pitino will retake the stand in the trial of woman ac
Querrey reaches quarters in LA >>
Los Angeles, CA (Sportsbook Betting Lines) - Defending champion Sam Querrey needed
three sets to beat South African Kevin Anderson in the second round of the
$700,000 Farmers Classic tennis event.
Querrey, the second seed, outlasted Anderson, 7-6 (1
Giants' Wilson fined >>
San Francisco, CA (Sportsbook Betting Lines) - San Francisco Giants reliever
Brian Wilson has reportedly been fined $1,000 by the league for wearing all-
orange shoes against the Marlins on Tuesday.
According to the San Francisco Chronicle, Wilson
Report: Dolphins agree to terms with ex-Saints DE Grant >>
West Palm Beach, FL (Sportsbook Betting Lines) - The Miami Dolphins have reportedly
signed veteran defensive end Charles Grant.
The Palm Beach Post reports that the contract is for two years and is worth
$4.5 million.
Grant was released by the Sain
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.
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