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03/03/2010 - Chicago, IL (Sportsbook Betting Lines) - Chicago Bulls center Joakim Noah is expected to be sidelined for the next three weeks due to plantar fasciitis in his left foot, the team announced on Wednesday.
The injury has kept Noah in and out of the regular rotation for the past month. He missed seven straight games, then saw limited action in four games after returning to the lineup. He did not travel with the team for Saturday's game against Indianapolis and sat out Chicago's loss to Atlanta on Monday.
On the season, he is averaging 10.7 points and a team-best 11.4 rebounds over 50 games. He is averaging career highs in points and rebounds.
The Bulls addressed the need in their frontcourt Wednesday by signing Chris Richard, who appeared in five games for Chicago in February before getting released.
<< Ducks and Oilers swap backup goaltenders
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks acquired goaltender Curtis
McElhinney from the Edmonton Oilers for goaltender Vesa Toskala.
McElhinney, 26, has served as Miikka Kiprusoff's backup over his three seasons
in the league and
<< U.S. wins Algarve Cup final over Germany
Faro, Portugal (Sportsbook Betting Lines) - The United States women's national soccer
team topped Germany 3-2 in the Algarve Cup final on Wednesday in Portugal.
Lauren Cheney, who scored two goals in the American's previous Algarve Cup
match v
<< Redskins' Samuels to call it a career
Ashburn, VA (Sportsbook Betting Lines) - Washington Redskins stalwart left tackle Chris
Samuels will announce his retirement at a press conference Thursday.
The six-time Pro Bowl selection had his 2009 season cut short by a neck injury
in October.
<< Kings pick up Halpern from Tampa Bay
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Kings have acquired center
Jeff Halpern from the Tampa Bay Lightning in exchange for forward Teddy
Purcell and a third-round draft pick.
Halpern had been with Tampa Bay since a Feb
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,
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
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
Oilers, Ducks swap defensemen >>
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers acquired defenseman Ryan
Whitney from the Anaheim Ducks in exchange for defenseman Lubomir Visnovsky on
Wednesday.
In his first full season with the Ducks, Whitney posted four goals
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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