Series Carries Pirates At Deal

Baseball Betting Lines

Houston, TX (Sportsbook Betting Lines) - Milo Hamilton, who has been the voice of the Houston Astros since 1985, announced on Wednesday that he intends to retire following the upcoming season. Hamilton will close the books on a career which spanned more than 60 years, dating back to his start in Davenport, Iowa in 1950. Prior to arriving in Houston, he presided over broadcasts for the Cardinals, Cubs, White Sox and Pirates.

 

Hamilton, who has mostly called home games since 2006, will continue his involvement with the Astros after their move to the American League in 2013.

 

Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Pirates won their salary arbitration case with first baseman Garrett Jones and avoided a hearing with newly-acquired third baseman Casey McGehee. Jones will earn a salary of $2.25 million for 2012 instead of the $2.5 million he had requested. It's a hefty raise from the $455,000 he was paid in 2011, when he hit .243 with 16 homers and 58 runs batted in.

 

McGehee was acquired from Milwaukee earlier this offseason in a deal that sent pitcher Jose Veras to the Brewers. He became expendable in Milwaukee when the Brewers signed former Pirate Aramis Ramirez as a free agent.

 

After a pair of promising seasons, including a 23-homer, 104-RBI campaign in 2010, McGehee hit just .223 with 13 home runs and 67 RBI in 155 games last year. He also batted .301 in 2009, his first season with the Brewers.

 

Gomez spent all of last season with Atlanta's Triple-A affiliate, hitting .304, clubbing 24 homers, 34 doubles and driving in 90 runs over 135 contests.

 

The BoSox extended spring training invites to the following players: pitchers Jesse Carlson, Rich Hill and Justin Thomas, Scott Atchison, Aaron Cook, Brandon Duckworth, Justin Germano, Will Inman, Doug Mathis, Vicente Padilla, Tony Pena Jr., Carlos Silva, Chorye Spoone and Alex Wilson; catchers Daniel Butler and Max St. Pierre; outfielders Alex Hassan, Josh Kroeger, Juan Carlos Linares and Jason Repko; infielders Pedro Ciriaco and Nate Spears.

 

On the other hand, Philadelphia does not have to defeat the kinds of teams the top AL clubs have to face in order to reach to the World Series. And since getting there is half the battle, the Phillies' odds are lower than all of the AL teams that might have more overall talent.

 

With the departure of NL stars such as Albert Pujols and Prince Fielder to the AL, the balance of power has shifted to the Junior Circuit. Some might say the AL was already the dominant league over the past few seasons, but key statistics prove otherwise, especially when it comes to the World Series hardware. The Cardinals come into 2012 as the reigning World Series champions after disposing the Rangers in an exciting seven- game series last October and the Giants proved best in 2011 with a five-game win over Texas.

 

NATIONAL LEAGUE

 

Philadelphia is the NL favorite because the team returns three of its four aces from a year ago: Roy Halladay, Cliff Lee and Cole Hamels. However, despite last year's 102 regular-season victories, the bottom fell out in the postseason when the offense fell apart.

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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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