Argonauts name new president
Football Betting Lines
01/30/2012 - Toronto, Ontario (Sportsbook Betting Lines) - Bob Nicholson resigned as president and CEO of the Toronto Argonauts on Monday, and Chris Rudge has been named his successor.
Argonauts owner David Bradley announced the change in leadership, stating Nicholson resigned to pursue other opportunities.
"Bob was one of the first people I turned to when I bought the Argonauts franchise. His experience and leadership have contributed significantly to building a foundation from which the franchise can continue to move forward," Bradley said.
Rudge was CEO of the Canadian Olympic Committee from 2003 to 2010 before named chairman and CEO of the upcoming 100th Grey Cup Festival.
"I am excited to continue to build the Argonauts brand, and cementing its place in the hearts and minds of Torontonians," Rudge said. "The great response to the 100th Grey Cup demonstrates that the fanbase is here; we need to continue to find ways to reconnect it to the Double Blue. I am looking forward to this challenge."
(Sportsbook Betting Lines) - Kyle Flood has reportedly agreed to become the permanent head football coach at Rutgers. Flood agreed to the job hours after Florida International's Mario Cristobal turned Rutgers down, The New York Times reported Mo
<< Nyjer Morgan to practice with NHL's Sharks
San Jose, CA (Sportsbook Betting Lines) - Milwaukee Brewers outfielder Nyjer Morgan, who
once played junior hockey but chose a career in professional baseball instead,
will lace up his skates once again with the NHL's San Jose Sharks.
The Sharks said
<< Raiders introduce Allen as head coach
Alameda, CA (Sportsbook Betting Lines) - Raiders general manager Reggie McKenzie called
two people after he interviewed Dennis Allen for the open head coach position
in Oakland: his wife and owner Mark Davis.
"They could feel the excitement I had,
<< Brewers ink OF Patterson
Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers signed veteran
outfielder Corey Patterson to a minor league deal on Monday.
He did not receive an invitation to spring training and will begin the 2012
season with Milwaukee'
<< Wizards F Blatche out with calf injury
Washington, DC (Sportsbook Betting Lines) - Washington Wizards forward Andray Blatche is
expected to miss between three and five weeks with a strained calf.
Wizards coach Randy Wittman made the announcement before Monday's game against
Chicago.
Bla
Buffalo, NY (Sportsbook Betting Lines) - Former Canisius basketball coach Joseph Curran has died, the school said Monday. He was 89. Canisius said Curran passed away Saturday in Mystic, Connecticut, but did not give a cause of death. He coached C
Cavs G Gibson remains in Boston hospital >>
(Sportsbook Betting Lines) - Cleveland Cavaliers guard Daniel Gibson was diagnosed with
a soft tissue infection in his neck and remains in a Boston hospital for
further evaluation, the team said Monday.
Gibson missed the Cavaliers' 88-87 win
Giraldo, Volandri upended in Chile >>
Vina del Mar, Chile (Sportsbook Betting Lines) - Sixth-seeded Santiago Giraldo of
Colombia and eighth-seeded Italian Filippo Volandri were both upset Monday in
the first round of the $398,250 VTR Open tennis event.
Giraldo was knocked off b
Hartley, Connecticut smother Duke >>
Durham, NC (Sportsbook Betting Lines) - Bria Hartley scored 15 points and Caroline Doty
donated 11, as third-ranked Connecticut used a balance attack and suffocating
defense to down fifth-ranked Duke, 61-45, at Cameron Indoor Stadium.
Stefanie Dols
Rose, Bulls rebound against Wizards >>
Washington, DC (Sportsbook Betting Lines) - Derrick Rose had 35 points and eight assists
Monday night and the Chicago Bulls beat the Washington Wizards for a seventh
straight time, 98-88.
Carlos Boozer added 18 points and Kyle Korver scored 14 of
Sportsbook Betting Lines
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.
Why Sports Betting Lines Change
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.”
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Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.
Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.
MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.
"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."
Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com
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