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03/03/2010 - Arlington, VA (Sportsbook Betting Lines) - The Washington Capitals made another depth move on Wednesday, re-acquiring defenseman Milan Jurcina from the Columbus Blue Jackets in exchange for a 2010 conditional draft pick.
Jurcina, who was shipped to Columbus with Chris Clark for Jason Chimera back on December 28, posted a goal and two assists in 17 games with the Jackets.
For the season, he has accumulated a goal and six helpers in 44 contests.
The 26-year-old Slovakian has tallied 15 goals and 53 points with 220 penalty minutes in 319 NHL appearances with Boston, Washington and Columbus.
<< Ducks receive G MacDonald from Leafs
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks acquired goaltender Joey
MacDonald from the Toronto Maple Leafs in exchange for a 2011 seventh-round
draft pick.
MacDonald has spent most of the 2009-10 campaign with the Toronto Mar
<< Gotham Stakes attracts 10 three-year-olds
Ozone Park, NY (Sportsbook Betting Lines) - A field of 10 Kentucky Derby hopefuls has
been entered for Saturday's $250,000 Gotham Stakes at Aqueduct. The 1 1/16-
mile Gotham is the final local prep before the $750,000 Wood Memorial on
April 3
<< Portland signs G Diener
Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers signed guard Travis
Diener on Wednesday, two days after he was waived by the Indiana Pacers.
Over five seasons in the NBA, which has included stints with Orlando and
Indiana,
<< Sabres acquire F Torres from Columbus
Buffalo, NY (Sportsbook Betting Lines) - The Buffalo Sabres made a move before the trade
deadline on Wednesday by acquiring left wing Raffi Torres from the Columbus
Blue Jackets for defenseman Nathan Paetsch and a second-round draft pick.
Torres h
Oilers ship Staios to Flames >>
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers acquired defenseman Aaron
Johnson and a third-round draft pick from the Calgary Flames in exchange for
veteran rearguard Steve Staios.
Johnson appeared in 22 games this season for the Fl
Bears tender contracts to eight players >>
Lake Forest, IL (Sportsbook Betting Lines) - The Chicago Bears tendered contract
offers to eight free agents on Wednesday.
One-year deals were tendered to restricted free agent linebackers Nick Roach
and Jamar Williams, defensive end Mark
Blue Jackets send Modin to Kings >>
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets traded veteran
forward Fredrik Modin to the Los Angeles Kings in exchange for a 2010 seventh-
round draft pick.
It has been an injury-plagued campaign for the Swede, who has
St Trinians tries boys in Saturday's Big 'Cap >>
Arcadia, CA (Sportsbook Betting Lines) - The 73rd running of the $750,000 Santa Anita
Handicap (Big 'Cap) at Santa Anita Park has attracted 13 males and one female.
The 14 thoroughbreds will be asked to run 1 1/4-miles Saturday on Santa
Anita's
Now, it's okay to call the league hypocritical when it releases injury reports, which players have told me only helps bettors. And it's okay to mutter something obscene when the league pretends gambling doesn't help drive TV ratings and fan interest and put money in owners' pockets. But when it supports other forms of gaming? Big Deal. The Bears should put an orange "C" on every deck of cards dealt at Harrah's in Joliet; the Eagles should slap their logo on roulette wheels at the Borgata in Atlantic City; the Dolphins should hold training camp at the El San Juan in Puerto Rico.
Seriously.
The NFL's problem, when it comes to the gambling world, isn't hypocrisy, it's worse: The bosses lack vision. That's why the league is picking unwinnable fights in Delaware and taking pot shots from critics after making smart sponsorship deals. Roger Goodell and his gang are acting and thinking locally rather than globally, which is rare for them, especially compared to their professional (and amateur) counterparts.
The NBA held its All Star game in Las Vegas and David Stern's kingdom didn't crumble (although the town did bring plenty of players to their knees.) I'd say it's 6 to 5 and pick 'em that Lebron will make a road swing through Sin City before his career is over.
Even the NCAA College Football Betting is more progressive on this issue than the NFL. Several years ago Rachel Newman Baker, college sports' gambling czar, opened a dialogue with Vegas bookmakers to learn about how they do business. She's visited Nevada sports books, studied their operations and listened to how they regulate action. Now she knows she can expect a call from bookmakers, who lose money when sports are fixed, if they think something sketchy is going on in NCAA games. She's not in favor of sports betting, but, as she once told me, "I know it's not going away, either."
The NFL can't seem to accept that. And until it can find peace with the idea, it'll get flack, even when it's right.
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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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