Diamondbacks, Brewers, Padres don't sign first-round picks
Baseball Betting Lines
08/17/2010 -
Philadelphia, PA (Sportsbook Betting Lines) - The Arizona Diamondbacks, Milwaukee Brewers and San Diego Padres all failed to sign first-round draft picks prior
to a midnight deadline on Monday.
The decisions mean the teams will receive compensatory selections for next
year.
Barret Loux, a right-handed pitcher from Texas A&M, was the sixth overall pick
by Arizona. He reportedly failed a physical and the Diamondbacks chose to take
a compensatory selection, which will be the seventh pick next year.
The Padres failed to sign right-handed pitcher Karsten Whitston, who was the
ninth overall pick in June's draft. He is set to attend the University of
Florida.
Dylan Covey, the 14th overall pick, didn't sign with the Brewers, mostly due
to his recent diagnosis of Type 1 diabetes. Also a right-handed pitcher, Covey
is set to attend the University of San Diego.
<< Marcum throws gem as Blue Jays shut down A's
Oakland, CA (Sportsbook Betting Lines) - Shaun Marcum pitched his first career complete
game, allowing just one hit in a 3-1 Blue Jays win over the Athletics.
Marcum (11-6) pitched no-hit ball through six innings before giving up a
leadoff hom
<< Tejada paces Padres over Cubs
Chicago, IL (Sportsbook Betting Lines) - Miguel Tejada went 4-for-5 with two RBI and two
runs scored as the San Diego Padres downed the Chicago Cubs, 9-5, in the
opener of a four-game set.
Chris Denorfia went 3-for-5 with two RBI and two runs s
<< Jays sign top pick McGuire
Oakland, CA (Sportsbook Betting Lines) - The Toronto Blue Jays signed top pick and 11th
overall selection pitcher Deck McGuire just before the Monday night deadline.
According to the multiple reports, McGuire got a $2 million signing bonus,
just
<< Tampa Bay inks first-round pick Sale
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays beat a midnight
deadline on Monday by signing first-round pick Josh Sale.
Multiple reports have Sale signing for around $1.62 million.
Sale, an outfielder, was the 17th overa
<< Reds sign C Grandal
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Reds have signed catcher
Yasmani Grandal, the 12th overall pick in this year's draft.
Grandal, who signed a major league contract with a bonus worth $2.99 million,
according to MLB.com,
Adonal Foyle retires from NBA after 13 years >>
ORLANDO, Fla. (AP) -Adonal Foyle is ending his NBA playing career after 13 seasons.The 35-year-old center announced his retirement Monday after playing for the Orlando Magic the last three seasons. Foyle spent his first 10 years with the Golden Stat
Gilbert, helmet in hand, takes over at Texas >>
AUSTIN, Texas (AP) -When Garrett Gilbert's big moment came, he nearly panicked.He couldn't find his helmet.Just minutes into last season's BCS championship game against Alabama, Texas quarterback Colt McCoy came staggering over to the sideline, a ne
Miami Dolphins 2010 Season Preview >>
(Sportsbook Betting Lines) - If the final week of October 2010 arrives, and the
attention of the South Florida sports fan is focused on the Miami Dolphins,
you'll know things are going very well for Tony Sparano's team.
If the Dolphins are, say, 3-3 a
Adonal Foyle calls it quits >>
Orlando, FL (Sportsbook Betting Lines) - Veteran center Adonal Foyle has announced his
retirement.
Foyle did not play last season for Orlando after undergoing knee surgery in
October. He appeared in only 10 games during the 2008-09 season with th
Blue Jays getting lucky with a pair of aces >>
Toronto, Canada (Sportsbook Betting Lines) - When the Toronto Blue Jays started the year
without ace Roy Halladay for the first time in 12 seasons, the mood among fans
and prognosticators alike was doom and gloom. However, the Jays' young
pitching staf
MySportsbook.com Releases World Series Championship Lines
New York Yankees and Chicago White Sox early favorites to win 2008 World Series
The Major League Baseball season starts this weekend and MySportsbook.com, a leading online sportsbook for over 8 years, is the first to offer baseball sports betting lines on who will win the 2007 World Series.
"The World Series is the biggest baseball event in the sports betting world and MySportsbook.com is excited that we are first to market with betting lines on every team," says Tim Dalton, Marketing Director, MySportsbook.com. "We are getting things ready for a great baseball season and our members are looking forward to our Player Payback Bonuses, as well as Dime Lines, all season long."
Going in to this weekend, MySportsbook.com's favorites to win the World Series are the New York Yankees at 7-2 and last year’s winners the Chicago White Sox at 9-2.
"These betting lines are ripe for the picking," Dalton added, "baseball fans know that the season is long and many factors, including players staying healthy, will affect these Future odds as the baseball season progresses. Betting on your favorite team in the beginning of the season could prove quite lucrative. We are seeing examples of this right now in the NCAA College Basketball Tournament with a lucky few that placed pre-season bets on George Mason to win it all. Anything can happen."
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs..
About www.MySportsbook.com
MySportsbook.com is the foremost online sportsbook offering Internet wagering to its worldwide customers. Fully licensed and regulated in St. John’s, Antigua since 1997, MySportsbook.com offers a complete range of online casino games, sports betting lines, poker tournaments and horse racing offtrack betting daily through its portfolio of companies and managed services. With over 7 years of experience, MySportsbook.com has become one of the most respected companies in the gaming industry by providing unparalleled 24/7 customer support and timely payouts. MySportsbook.com is part of the SportingBet PLC group of companies that is publicly-traded on the London Stock Exchange ( LSE ) under the symbol SBT.L. MySportsbook.com provides a secure environment for sports and casino wagering and has been featured in numerous media outlets, including MAXIM Magazine, Cigar Aficionado, and CNN’s Paula Zahn Now among others.
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.
|