Stern advice for James, Gilbert and Jesse
Basketball Betting Lines
07/13/2010 -
Philadelphia, PA (Sportsbook Betting Lines) - It took the death of a true sports legend,
Yankees principal owner George Steinbrenner, to finally knock LeBron James and
the NBA from the top of every sportscast across the country.
Conventional wisdom says David Stern was thrilled the LeBron sweepstakes kept
people talking about his league during the first two weeks of July, but the
commish made it clear Monday that he wasn't on board with the way his biggest
star dissed the Cleveland Cavaliers.
Stern had no problem with James' change of address to Miami but wasn't
thrilled with the two-time MVP's public announcement during the made-for-
television special called "The Decision."
"The advice that he received on this was poor," Stern said after NBA owners
meeting in Las Vegas. "The performance was fine. His honesty and his
integrity, I think, shined through. But this decision was ill-conceived."
Stern was much harder on Cavs owner Dan Gilbert, fining him $100,000 for a
tirade that the commissioner called "a little bit extreme."
After being spurned on national television, Gilbert released a visceral
statement calling James' behavior during the special "narcissistic" and
"cowardly." He followed that by telling The Associated Press in a phone
interview that James quit on the Cavs during the playoffs.
It's hard to argue with narcissistic but Gilbert certainly went over the line
when he called James' behavior cowardly and his decision to leave Cleveland as
disloyal, charges that didn't go unnoticed by the Rev. Jesse Jackson.
Jackson, perhaps the country's leading civil rights activist, responded to
Gilbert's ill-advised remarks by upping the ante with even more explosive and
ill-conceived rhetoric.
Jackson said the Cavs owner sees James as a "runaway slave" and spoke as an
owner of LeBron and not the owner of the Cleveland Cavaliers, perhaps the
silliest comment of all-time since I don't know many slave owners that paid
their property over $62 million dollars.
"However well-meaning Jesse may be in the premise on this one, he is, as he
rarely is, mistaken," Stern said. "And I would have told him so had he called
me before he issued his statement. But he is a good friend of the NBA and our
players. Has worked arduously on many good causes and we work together in many
matters."
The James-Gilbert-Jackson fiasco may have been the front page fodder but when
it comes to basketball the real story coming from all of this was possible
collusion -- not from the owners but the players.
When James, Dwyane Wade and Chris Bosh all decided to play together in South
Beach after communicating with each other during the free-agent process.
Dallas Mavericks owner Mark Cuban cried foul and wanted the league to examine
the process.
Most feel the plan by the three to join forces on a so-called "Super Team" had
dated all the way back to 2006 when the trio each signed shorter-than-
available contracts with an eye on free agency in 2010.
"The three players are totally, as our system has evolved, within their rights
to talk to each other," Stern said. "That is not tampering or collusion that
is prohibited. That's our rule, right now."
According to Stern, Cuban was a lone voice and no formal complaints were
levied at the Board of Governors meeting on Monday.
"Our players, having negotiated for the right to be free agents at some point
in their career, are totally within their rights to seek employment with any
other team," Stern said. "That's something we agreed to. That's something we
embrace. That's our system."
<< Celtics re-sign Ray Allen
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have re-signed guard Ray
Allen, the team announced Tuesday.
Terms of the deal were not disclosed, but reports from last week said Allen
agreed to a two-year, $20 million contract.
"
<< Flyers sign Carcillo
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Flyers signed left wing
Dan Carcillo to a one-year contract on Tuesday.
Carcillo, 25, had filed for salary arbitration last week.
"We are happy to have Dan under contract for the
<< Birmingham hands O'Connor new deal
Birmingham, England (Sportsbook Betting Lines) - Birmingham City striker Garry O'Connor
has signed a new short-term contract with Alex McLeish's side.
The 27-year-old Scotland international, who has endured an injury-ravaged
recent spell with th
<< Real Salt Lake extends loan deal for Gonzalez
Sandy, UT (Sportsbook Betting Lines) - Real Salt Lake agreed with Argentine side Quilmes
Atletico Club on Monday to extend the loan deal for midfielder Nelson Gonzalez
through the 2011 MLS season.
Gonzalez was acquired on loan from the then-Argentin
<< Nets acquire Morrow from Warriors
East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets have acquired
shooting guard Anthony Morrow from the Golden State Warriors in exchange for a
second-round pick in the 2011 draft.
The Star-Ledger of Newark reports that the Net
Winnipeg's Pierce highlights CFL Players of the Week >>
Toronto, ON (Sportsbook Betting Lines) - Winnipeg Blue Bombers quarterback Buck Pierce,
Saskatchewan defensive end Brent Hawkins, Toronto kick returner Chad Owens and
Montreal safety Etienne Boulay were selected as the CFL's top performers for
Week 2
Robredo wins Bastad opener >>
Bastad, Sweden (Sportsbook Betting Lines) - Two-time champion Tommy Robredo highlighted
Tuesday's first-round winners at the Swedish Open.
The fifth-seeded Robredo topped Poland's Michal Przysiezny 7-6 (7-3), 6-3 on
the red clay at Bastad Tennis St
This Week in Auto Racing July 16 - 18 >>
Madison, IL (Sportsbook Betting Lines) - While the Sprint Cup Series takes a break this
weekend, the Nationwide and Camping World Truck Series compete at Gateway
International Raceway near St. Louis. The IZOD IndyCar Series runs on the
streets
Clippers sign Willie Warren >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Clippers have signed guard
Willie Warren, the team's second-round pick in the 2010 draft.
Warren, the 54th overall selection, played two seasons at Oklahoma before
entering the draft
Palermo makes offer for Liverpool's Lucas >>
Palermo, Italy (Sportsbook Betting Lines) - Liverpool midfielder Lucas Leiva could be on
his way to Italy after Palermo made an offer for the Brazilian.
The Serie A side are reported to have tabled a bid in the region of six
million euros for t
NFL Football Betting : Odds on NFL Division to Win the Super Bowl
NFL Super Bowl Betting
The AFC South and the NFC East are the favorite divisions to have the next Super Bowl champ among them in the NFL betting odds. But more down to the point, these football odds are in favor of the Indianapolis Colts, by far the strongest team in the AFC South, and the Dallas Cowboys of the NFC East.
Most sports fans would agree that these two teams top the list to win it all before the season even begins. In the BetUS Sportsbook football futures, the Colts are +800 in the odds to win the Super Bowl, while the Cowboys are sitting at +1000 and the Super Bowl XLIV champions New Orleans Saints at +900. In the AFC South, the Colts won the division for five straight years after the 2002 realignment, before the Tennessee Titans won it in 2008. But the Colts came back strong in 2009 to win the division again en route to the Super Bowl. The Cowboys are the favorite to win the NFC East, as well as to advance far into the post season. The Cowboys won the division last season before their horrendous loss in the NFC Divisional playoff to Brett Favre and the Minnesota Vikings. But the ‘Boys will take that loss humbly and be ready for the playoffs this time around.
The NFC South is also very strong, at +600 in the NFL futures, considering that it is home to the defending Super Bowl champions. However, some predictions have the Atlanta Falcons with possibilities of claiming the divisional title this season in place of the Saints, as no team has won back-to-back division championships since the division realignment took place. Let’s not overlook the AFC North at +500. As TO goes to Cincinnati to join Chad OchoCinco and Adam “Pac-Man” Jones, this team looks to claim the division title again. And it is likely they will do so. The Bengals lost in the AFC Wild Card spot in a hard-fought battle against the New York Jets last season. Lest not forget the Pittsburgh Steelers, the XLII Super Bowl Champions… All these teams present interesting odds and matchups for the upcoming season, but the safest and surest bet seems to be with the Colts in the AFC South and the Cowboys in the NFC East. Play this weekly NFL Football Contestto see if you can win.
To visit this sportsbook go to MySportsbook.com for all your NFL football betting needs.
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.
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