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03/09/2010 - Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR on Tuesday indefinitely suspended two crew members for violating the sanctioning body's substance abuse policy.
According to a news release, William Keith, a crew member of the No.38 Front Row Motorsports/Yates Racing team in the Sprint Cup Series, and Matthew Huffstetler, a member of the No.01 Daisy Ramirez Motorsports team in the Camping World Truck Series, were found to have violated sections 12-1 (actions detrimental to stock car racing) and 19 (violation of the NASCAR substance abuse policy) of the 2010 NASCAR rule book.
NASCAR has suspended five crew members so far this season for violating its drug policy.
<< Turf to Dirt Angle Works Best
Philadelphia, PA (Sportsbook Betting Lines) - Both of Saturday's three-year-old
Kentucky Derby preps were won by horses that raced on the turf in their
previous start. One was favored at Aqueduct while the other was the sixth
choice in the betting at S
<< Sorgi to back up other Manning
East Rutherford, NJ (Sportsbook Betting Lines) - The New York Giants inked quarterback
Jim Sorgi on Tuesday.
The 29-year-old Wisconsin product, who was the backup to Peyton Manning in
Indianapolis for the past six seasons, now gets the chanc
<< Rangers acquire Ramirez from Yankees
Surprise, AZ (Sportsbook Betting Lines) - The Texas Rangers have acquired pitcher Edwar
Ramirez from the New York Yankees in exchange for cash considerations.
Ramirez was designated for assignment in late February when the Yankees signed
Chan Ho Park
<< Edwards receives three-race probation for Atlanta incident
Daytona Beach, FL (Sportsbook Betting Lines) - Carl Edwards avoided suspension but
received a three-race probation period from NASCAR after intentionally
wrecking Brad Keselowski in last Sunday's Kobalt Tools 500 at Atlanta Motor
Speedwa
Big East Conference Tournament Recaps >>
New York, NY (Sportsbook Betting Lines) - Dominque Jones scored 20 points with nine
rebounds as South Florida downed DePaul, 58-49, in first-round action at the
Big East Tournament.
Mike Mercer added 14 points and five boards for the Bulls (20-
Houston signs academy player to developmental contract >>
Houston, TX (Sportsbook Betting Lines) - The Houston Dynamo signed Dynamo Academy
product Francisco Navas Cobo to a developmental contract, the Major League
Soccer club announced on Tuesday.
The 18-year-old midfielder joins goalkeeper Tyl
Browns part ways with QB Anderson >>
Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns terminated the contract of
quarterback Derek Anderson on Tuesday.
The move comes less than 24 hours after the Browns traded for Seneca Wallace
and seems to open the door for Brady Q
Nurnberg loses Breno for rest of season >>
Nurnberg, Germany (Sportsbook Betting Lines) - Nurnberg has been rocked by confirmation
that on-loan defender Breno will miss the remainder of the season.
Breno was stretchered off during Sunday's 3-2 victory over Bayer Leverkusen
and subsequent s
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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