Basketball Betting
 

Basketball Betting


NFL Football
NCAA Football
NCAA Basketball
MLB Baseball
NHL Hockey
Soccer
Auto
Horse Racing
Golf
Tennis
 

NBA Basketball Betting

Milwaukee inks top pick Sanders

Basketball Betting Lines

07/08/2010 - Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Bucks have signed forward Larry Sanders, their 2010 first-round draft choice, to a multi-year contract.

No terms of the deal were announced for the 15th overall pick in the NBA Draft last month.

Sanders averaged a career-high 14.4 points and grabbed 9.1 rebounds as a junior at Virginia Commonwealth last season.

He was named the Colonial Athletic Association Defensive Player of the Year as a sophomore and junior.

Sanders is slated to play for the Bucks' Summer League entry in Las Vegas starting July 12.

<< Bulls acquire F Carlos Boozer
CHICAGO (AP) -Carlos Boozer is now officially a member of the Chicago Bulls.The two-time All-Star forward is going to the Bulls in a sign-and-trade with the Utah Jazz, giving them the dominant big man they've craved for years.He and the Bulls agreed

<< Votto, Swisher voted as final All-Stars
New York, NY (Sportsbook Betting Lines) - Cincinnati Reds first baseman Joey Votto and New York Yankees outfielder Nick Swisher were chosen by fan voting as the final two All-Stars, Major League Baseball announced Thursday MORE TO FOLLOW...

<< Potters land Belgium starlet Cuvelier
Stoke-on-Trent, England (Sportsbook Betting Lines) - Belgium youth international Florent Cuvelier has joined Stoke City from Portsmouth. The 17-year-old midfielder was part of the academy set-up at the recently relegated Premier League club but

<< Giants take brooms to Brewers for first time
Milwaukee, WI (Sportsbook Betting Lines) - Aubrey Huff hit a two-run homer and knocked in four, as the San Francisco Giants finished off a four-game sweep of the Milwaukee Brewers with a 9-3 win at Miller Park. Andres Torres went 2-for-6 with

<< Palop extends Sevilla contract
Seville, Spain (Sportsbook Betting Lines) - Veteran Sevilla goalkeeper Andres Palop has extended his stay after penning a new contract that will keep him in Andalusia until the summer of 2013. The 36-year-old joined the club in 2005 from La Liga r

Naslund to have number retired by Canucks >>
Vancouver, BC (Sportsbook Betting Lines) - Former Vancouver Canucks captain Markus Naslund will have his number 19 raised to the rafters by the club on December 11. The announcement came late Wednesday that Naslund, who played in Vancouver

Rangers' fan injured in fall thankful to be alive >>
FORT WORTH, Texas (AP) -Texas Rangers fan Tyler Morris says he's thankful to be alive after tumbling about 30 feet from second-deck stands while trying to catch a foul ball.The 25-year-old tells The Associated Press his face is swollen and his foot

Coroner: Ex-Kentucky star Turpin commits suicide >>
LEXINGTON, Ky. (AP) -Mel Turpin, former NBA player an All-American Kentucky center, has died. He was 49.Police and the coroner were called to his North Lexington house Thursday afternoon on a personal injury call. They found Turpin dead.Coroner Gary

Hanley Ramirez added to Home Run Derby >>
NEW YORK (AP) -Florida shortstop Hanley Ramirez has been added to the Home Run Derby during the All-Star break.The 2009 NL batting champion will participate in his first derby on Monday in Anaheim, Calif. He had 13 home runs entering the Marlins' ga

Johnson stays with Hawks >>
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Hawks have officially re-signed unrestricted free agent guard Joe Johnson. As per team team policy, no terms of the deal were announced. However, the Atlanta Journal-Constitution quoted Arn

Sportsbook Betting Lines

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.

Why Sports Betting Lines Change

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.