Blackhawks make it official with Pisani
Hockey Betting Lines
08/24/2010 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Blackhawks officially brought in free-agent forward Fernando Pisani, signing him to a one-year deal on Tuesday.
Terms of the contract were not released, but TSN of Canada reported last Wednesday that the deal is worth $500,000.
A native of Edmonton, Pisani spent his entire seven-year career with the Oilers. Last season, he was limited to 40 games and tallied four goals with eight points and was a minus-16.
Since breaking into the NHL in 2002, the Providence College product has compiled 80 goals and 153 points in 402 regular-season games.
The 33-year-old's breakthrough came in the 2006 playoffs, when the Oilers dropped a seven-game Stanley Cup Final to Carolina. The defensive specialist tallied 14 goals and 18 points in 24 postseason tilts, and kept Edmonton's title hopes alive with a short-handed, breakaway game-winning goal in overtime of Game 5 in that series.
Charlotte, NC (Sportsbook Betting Lines) - The Charlotte Bobcats have reportedly reunited former No. 1 pick Kwame Brown and new team owner Michael Jordan. The Charlotte Observer reports the Bobcats have brought in Brown on a one- year, $1
<< Mets to face Marlins ace in divisional clash
(Sportsbook Betting Lines) - Florida Marlins ace Josh Johnson will try to win
consecutive starts for the first time in over a month when he takes the mound
tonight in the opener of a three-game road series versus the New York Mets.
Johnson was 0-2 wit
<< Padres return home to battle Diamondbacks
(Sportsbook Betting Lines) - The San Diego Padres will try to pad their lead atop the
National League West standings when they open a three-game series versus the
division-rival Arizona Diamondbacks tonight from Petco Park.
San Diego is 5 1/2 games in
<< White Sox seeking to bounce back against Orioles
(Sportsbook Betting Lines) - The Chicago White Sox are hoping an upcoming series with
the Baltimore Orioles will catapult them back into the playoff mix. The two
teams collide tonight in the opener of a three-game set at US Cellular Field.
Chicago is
<< Desperate Dodgers make a stop in Milwaukee
(Sportsbook Betting Lines) - The Los Angeles Dodgers hope to keep their slim playoff
hopes alive tonight, when they kick off a six-game road trip with the first of
three straight matchups against the Milwaukee Brewers at Miller Park.
Los Angeles is 7
Portland, OR (Sportsbook Betting Lines) - The Portland Timbers have the first pick in the 2011 Major League Soccer Expansion Draft, it was decided on Monday as a result of the Expansion Priority Draft with Vancouver Whitecaps FC. The Timbers an
Ducks' Lupul has blood infection, will miss start of season >>
Anaheim, CA (Sportsbook Betting Lines) - Anaheim Ducks forward Joffrey Lupul is expected
to miss all of training camp and will not be ready for the start of the
regular season due to a blood infection.
The Orange County Register reported on Tu
Wolfsburg's Friedrich needs back surgery >>
Wolfsburg, Germany (Sportsbook Betting Lines) - Wolfsburg and Germany defender Arne
Friedrich will have back surgery to correct a slipped disc Thursday, at which
time it will be determined how long the 31-year-old will be sidelined.
Friedrich st
Oregon State OL Thomas arrested, dismissed from team >>
Corvallis, OR (Sportsbook Betting Lines) - Oregon State offensive lineman Tyler
Patrick Thomas has reportedly been dismissed from the team following an early
Sunday morning arrest.
The Gazette Times reported that Corvallis police were calle
Bucs bring back Jevan Snead >>
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers have re-signed
quarterback Jevan Snead in light of Josh Freeman's injury over the weekend.
Snead was originally signed as an undrafted free agent in April after a
standou
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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