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06/30/2010 - St. Louis, MO (Sportsbook Betting Lines) - The Arizona Diamondbacks selected the contract of right-handed pitcher Barry Enright from Double-A Mobile in time to make his major league debut on Wednesday at St. Louis.
The 24-year-old was 4-1 and pitched to a 2.88 earned run average in 14 starts for Mobile this season. He had an impressive strikeout-to-walk ratio, fanning 83 and walking 15.
Enright was chosen in the second round of the 2007 draft.
To open a roster spot, the club optioned pitcher Carlos Rosa to Triple-A Reno. In 15 relief appearances with the big league club this season, the right- hander was 0-2 with a 6.75 ERA.
<< NHL FA: Kovalchuk highlights mediocre forward group
Toronto, Canada (Sportsbook Betting Lines) - At the stroke of noon on Thursday, the NHL
free agency period will begin, and although the majority of forwards aren't the
big-ticket type, save for Ilya Kovalchuck, there are good players to be had at
the po
<< Bryans fall in Wimbledon QFs
Wimbledon, England (Sportsbook Betting Lines) - The former world No. 1 twin Bryan
brothers, Bob and Mike, came up quarterfinal losers Wednesday at Wimbledon.
The second-seeded former champions were ousted by a seventh-seeded duo of
South
<< 2010 FBS Positional Analysis: Running Backs
Philadelphia, PA (Sportsbook Betting Lines) - The collegiate running back gets to handle
the ball more than any other position outside of the quarterback, so it is no
wonder that they can have the biggest impact on the game. There are straight-
line runn
<< Braves to host civil rights game in 2011-12
New York, NY (Sportsbook Betting Lines) - The Atlanta Braves will play host to the 2011
and 2012 Civil Rights Game Weekends, Major League Baseball announced on
Wednesday.
The series of events is designed to pay tribute to those who fought on a
Serena will lead Thursday's Wimbledon semifinal charge >>
Wimbledon, England (Sportsbook Betting Lines) - The women's finalists will be
determined here on Thursday, when world No. 1 Serena Williams meets Czech
southpaw Petra Kvitova and 21st-seeded Vera Zvonareva takes on upstart
Bulgarian Tsvetana Pironkova i
Wizards acquire Thomas from Union >>
Kansas City, KS (Sportsbook Betting Lines) - The Philadelphia Union traded defender
Shavar Thomas to the Kansas City Wizards for two second-round draft picks in
2011 and 2012, as well as allocation money, the Major League Soccer clubs
announc
Blue Jackets claim LW Moreau off waivers >>
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets on Wednesday claimed
left winger Ethan Moreau off waivers from the Edmonton Oilers.
The 34-year-old Moreau had been with the Oilers since the 1998-99 season. The
Edmonton captain fi
This Week in Auto Racing July 2 - 4 >>
Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR returns to "The World Center of
Racing," while the IZOD IndyCar Series visits the "Finger Lakes" region in
upstate New York this Fourth of July weekend.
NASCAR
Sprint Cup Series
Coke Z
In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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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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