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03/11/2010 - Secaucus, NJ (Sportsbook Betting Lines) - Red Bull New York signed goalkeeper Greg Sutton, the Major League Soccer club announced on Thursday.
"We have been impressed with Greg's performances during his time with us in preseason," New York General Manager and Sporting Director Erik Soler said. "He is a very experienced goalkeeper and will compete for a starting role."
For the past three MLS seasons, Sutton played for Toronto FC, making 34 appearances while compiling seven shutouts and 155 saves. Before joining MLS, Sutton played for the Montreal Impact of the USL First Division.
<< Rockies give Helton contract extension
Tucson, AZ (Sportsbook Betting Lines) - The Colorado Rockies and first baseman Todd
Helton have agreed to terms on a two-year contract extension that will allow
him to finish his career with the franchise.
The new deal will take Helton throug
<< Hall of Famer Merlin Olsen dies
Los Angeles, CA (Sportsbook Betting Lines) - Pro football Hall of Famer Merlin Olsen
died early Thursday morning in California after a battle with cancer.
He was 69 years old.
Olsen was a two-time All-American at Utah State, playing both the
<< Nats release Guardado, Estes
Viera, FL (Sportsbook Betting Lines) - The Washington Nationals on Thursday released
veteran left-handed pitchers Eddie Guardado and Shawn Estes.
The 39-year-old Guardado, who agreed to a minor league contract with the
Nationals on December
<< Panthers try to keep rolling in visit to Avalanche
(Sportsbook Betting Lines) - The Florida Panthers will try to win four straight games
for the first time this season when they visit the Colorado Avalanche tonight
at the Pepsi Center.
The Panthers come into this game six points back of a playoff spot
Tank Johnson re-signs with Cincinnati >>
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Bengals have re-signed
defensive tackle Tank Johnson.
Johnson originally signed with Cincinnati last offseason and recorded two
sacks and 29 tackles in 14 games last season.
"Si
Reyes to rest after additional tests on thyroid >>
Flushing, NY (Sportsbook Betting Lines) - The New York Mets said shortstop Jose Reyes
will not participate in any baseball activities until his thyroid levels
return to normal.
Reyes underwent additional blood tests this week after being diag
Chiefs sign Urban >>
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs have signed wide
receiver Jerheme Urban.
Urban spent the past three seasons with Arizona after playing his first three
years in the NFL with Seattle. He has 87 career recepti
Lions bring back OT Jansen >>
Allen Park, MI (Sportsbook Betting Lines) - The Detroit Lions re-signed veteran
offensive tackle Jon Jansen and linebacker Vinny Ciurciu to one-year contracts
on Thursday. Financial terms were not disclosed.
The 34-year-old Jansen signed wit
In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking
Note: Monday night game will be picked Monday. Lines used are from football betting odds .
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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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