Aceves, Red Sox avoid arbitration
Baseball Betting Lines
02/05/2012 - Boston, MA (Sportsbook Betting Lines) - The Boston Red Sox and pitcher Alfredo Aceves have agreed to terms on a one-year contract, avoiding arbitration with the 29- year-old relief pitcher.
The deal is worth a reported $1.2 million with an additional $100,000 in incentives.
Aceves spent last season with the Red Sox after playing his first three seasons with the New York Yankees.
He pitched to a 10-2 record with a 2.61 ERA and two saves in 55 appearances -- four starts -- for Boston. He had career-highs of 80 strikeouts, 42 walks and 114 innings for the Red Sox.
Through his four-year career, Aceves has a 24-3 record with a 2.93 earned run average in 114 games with nine starts.
Boston's lone player left available for arbitration is designated hitter David Ortiz.
Montpellier, France (Sportsbook Betting Lines) - Former Wimbledon runner-up Tomas Berdych outlasted French crowd favorite Gael Monfils in Sunday's title match at the Open Sud de France tennis tournament. The top-seeded world No. 7 Berdych
<< Wolverines and Spartans add another chapter to bitter rivalry
East Lansing, MI (Sportsbook Betting Lines) - The 23rd-ranked Michigan Wolverines will
try to be the first team to knock off the ninth-ranked Michigan State Spartans
at the Breslin Center when the two rivals square off in a Big Ten Conference
battle.
<< Hurricanes blow into Durham seeking upset of Blue Devils
Durham, NC (Sportsbook Betting Lines) - The seventh-ranked Blue Devils will look to keep
up the race for first place in the Atlantic Coast Conference as they host the
Miami-Florida Hurricanes for a bout at Cameron Indoor Stadium.
This will be the 18th
<< Celtics start local events early vs. Memphis
(Sportsbook Betting Lines) - The Boston Celtics own an amazing 17 championships, the
most by an NBA franchise.
Their neighbors across the way, the NFL's New England Patriots, can capture
their fourth Super Bowl title Sunday night against th
<< Heat host Raptors in matinee affair
(Sportsbook Betting Lines) - Miami Heat forward Chris Bosh said a few days ago it's
important for this team to make the essential adjustments following a loss.
"If we lose one or two, we need to make the necessary adjustments, get it done
and cut
Zagreb, Croatia (Sportsbook Betting Lines) - Russian Mikhail Youzhny cruised past Slovakian Lukas Lacko in straight sets in Sunday's final at the Zagreb Indoors tennis event. The third-seeded world No. 39 Youzhny doused the unseeded Lacko 6-2,
Penny signs with Japanese club >>
Fukuoka, Japan (Sportsbook Betting Lines) - Veteran pitcher Brad Penny has signed a
contract to play with the SoftBank Hawks of Japan's Pacific League, the team
announced on its website.
Penny spent last season with the Detroit Tigers, pitchi
United rallies to claim draw at Chelsea >>
London, England (Sportsbook Betting Lines) - Manchester United fell two points back of
Manchester City on Sunday, but Sir Alex Ferguson's side did well to claim a
point at Stamford Bridge as the club rallied from three goals down to snatch a
3-3 dra
Borini's brace powers Roma past Inter >>
Rome, Italy (Sportsbook Betting Lines) - A goal in each half from Fabio Borini helped
Roma to a comfortable 4-0 win over Inter Milan at the Stadio Olimpico on
Sunday.
Juan put Roma in front after 13 minutes when he headed home Francesco Tott
Cologne snaps skid at Kaiserslautern >>
Kaiserslautern, Germany (Sportsbook Betting Lines) - Cologne snapped a three-game losing
streak Sunday as Odise Roshi scored in the 72nd minute of a 1-0 Bundesliga win
over 10-man Kaiserslautern at Fritz-Walter-Stadion.
Cologne had lost its last three
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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MySportsbook.com Releases World Series Championship Lines
New York Yankees and Chicago White Sox early favorites to win 2008 World Series
The Major League Baseball season starts this weekend and MySportsbook.com, a leading online sportsbook for over 8 years, is the first to offer baseball sports betting lines on who will win the 2007 World Series.
"The World Series is the biggest baseball event in the sports betting world and MySportsbook.com is excited that we are first to market with betting lines on every team," says Tim Dalton, Marketing Director, MySportsbook.com. "We are getting things ready for a great baseball season and our members are looking forward to our Player Payback Bonuses, as well as Dime Lines, all season long."
Going in to this weekend, MySportsbook.com's favorites to win the World Series are the New York Yankees at 7-2 and last year’s winners the Chicago White Sox at 9-2.
"These betting lines are ripe for the picking," Dalton added, "baseball fans know that the season is long and many factors, including players staying healthy, will affect these Future odds as the baseball season progresses. Betting on your favorite team in the beginning of the season could prove quite lucrative. We are seeing examples of this right now in the NCAA College Basketball Tournament with a lucky few that placed pre-season bets on George Mason to win it all. Anything can happen."
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About www.MySportsbook.com
MySportsbook.com is the foremost online sportsbook offering Internet wagering to its worldwide customers. Fully licensed and regulated in St. John’s, Antigua since 1997, MySportsbook.com offers a complete range of online casino games, sports betting lines, poker tournaments and horse racing offtrack betting daily through its portfolio of companies and managed services. With over 7 years of experience, MySportsbook.com has become one of the most respected companies in the gaming industry by providing unparalleled 24/7 customer support and timely payouts. MySportsbook.com is part of the SportingBet PLC group of companies that is publicly-traded on the London Stock Exchange ( LSE ) under the symbol SBT.L. MySportsbook.com provides a secure environment for sports and casino wagering and has been featured in numerous media outlets, including MAXIM Magazine, Cigar Aficionado, and CNN’s Paula Zahn Now among others.