Astros ink Duke to minor league deal
Baseball Betting Lines
01/27/2012 - Houston, TX (Sportsbook Betting Lines) - The Houston Astros on Friday agreed to terms with left-handed pitcher Zach Duke on a minor league contract that includes an invitation to spring training.
Duke spent the 2011 campaign with the Arizona Diamondbacks, compiling a 3-4 record and a 4.93 earned run average in 21 appearances (nine starts). Duke started the season, his first one with the Diamondbacks, on the disabled list with a fractured pitching hand.
The Texas native was a 2001 draft pick of the Pittsburgh Pirates, with whom he spent his first six pro seasons. Duke was selected to the All-Star game in 2009 while with the Pirates.
In 181 games (168 starts), Duke has compiled a record of 48-74 with a 4.56 ERA and 537 strikeouts.
Hallandale Beach, FL (Sportsbook Betting Lines) - Breeders' Cup Classic third-place finisher Ruler On Ice is on target to begin his 2012 racing campaign in next month's 1 1/8-mile Donn Handicap at Gulfstream Park. The four-year-old has been tr
<< Western Carolina to face Marshall, Alabama in 2012
Cullowhee, NC (Sportsbook Betting Lines) - Mark Speir's first season as Western
Carolina's head football coach will include games against FBS opponents
Marshall and Alabama.
Western Carolina also will play five home games in a schedule announced
Frid
<< Larranaga receives three-year extension
Coral Gables, FL (Sportsbook Betting Lines) - Miami-Florida men's basketball coach Jim
Larranaga has agreed to a three-year contract extension that will keep him
with the Hurricanes through the 2018-19 season.
Larranaga is in his first year with
<< Brady's promise weighs about seven pounds
(Sportsbook Betting Lines) - After what Tom Brady thought would be a private moment with
owner Robert Kraft became public, the world is now aware that the New England
Patriots quarterback vows to play better in Super Bowl XLVI.
Brady admitted on the c
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(Sportsbook Betting Lines) - Devin Thomas always believed he'd be an impact player in the
National Football League, albeit with another team and in a far different role
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Four years ago, the p
Cincinnati, OH (Sportsbook Betting Lines) - Former Cincinnati Bengals quarterback Greg Cook, whose brief career was cut short by injury, died on Thursday night from an undisclosed illness. He was 65. "I've lost a good friend," Bengals president
Rangers hope to close the gap on Celtic >>
Glasgow, Scotland (Sportsbook Betting Lines) - Rangers welcome Hibernian to Ibrox in
Scottish Premier League play on Saturday with an opportunity to place some
additional pressure on first-place Celtic.
The Hoops lead the league with 59 point
Manning and Irsay say no hard feelings >>
Indianapolis, IN (Sportsbook Betting Lines) - Indianapolis Colts quarterback Peyton
Manning and team owner Jim Irsay issued a joint statement Friday to dispel any
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Manning and Irsay both made comments through
Rays sign Keppinger to minor league deal >>
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays signed veteran
infielder Jeff Keppinger to a one-year deal on Friday.
The 31-year-old hit .277 with six home runs and 35 runs batted in over
99 games as he split time w
NHL's best get together for annual Skills Competition >>
Ottawa, ON (Sportsbook Betting Lines) - Alex Ovechkin has owned the Breakaway Challenge
since the event's inception a few years ago, but with the Washington Capitals
star pulling out of the league's All-Star Game, some new faces will get a
chance at the
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.”
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