Blackhawks give Bolland five-year deal
Hockey Betting Lines
06/30/2009 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Blackhawks re-signed center Dave Bolland to a five-year deal on Tuesday.
Bolland, Chicago's 32nd overall pick in the 2004 NHL Entry Draft, appeared in 81 of the Blackhawks' 82 games last season, where he had career highs in goals (19), points (47), and assists (28). During his Stanley Cup Playoff debut, Bolland had eight assists and 12 points while appearing in all 17 postseason games for Chicago, which lost in five games to the Detroit Red Wings in the Western Conference Finals this past season.
In 121 career games with Chicago, Bolland has tallied 41 assists and 23 goals to go along with 80 penalty minutes.
Also on Tuesday, the club re-signed center Jacob Dowell to a two-year deal and goaltender Antti Niemi to a one-yeaR deal.
Salt Lake City, UT (Sportsbook Betting Lines) - Carlos Boozer announced on Tuesday he will exercise his player option and remain with the Utah Jazz for the 2009-10 campaign. Boozer missed a majority of the 2008-09 season after undergoing arthros
<< This Week in Auto Racing July 3 - 5
Philadelphia, PA (Sportsbook Betting Lines) - NASCAR returns to "The World Center of
Racing," while the IndyCar Series visits the "Finger Lakes" region in upstate
New York this Fourth of July weekend.
NASCAR
Sprint Cup Series
Coke Zero 400
<< Jack given qualifying offer from Pacers; Daniels not so much
Indianapolis, IN (Sportsbook Betting Lines) - The Indiana Pacers extended qualifying
offers to guard Jarrett Jack and forward Josh McRoberts on Tuesday, making
them both restricted free agents come July 1.
After three productive seasons in P
<< Devils acquire Walter from Islanders
Newark, NJ (Sportsbook Betting Lines) - The New Jersey Devils acquired center Ben
Walter, and future considerations, from the New York Islanders in exchange for
the rights to center Tony Romano on Tuesday.
The 25-year-old Walter, who was select
<< Habs get Gomez from Blueshirts
Montreal, QC (Sportsbook Betting Lines) - Just one day before the start of free agency,
the Montreal Canadiens acquired forward Scott Gomez and two other players from
the New York Rangers in exchange for forward Christopher Higgins and three
defense
Allen Park, MI (Sportsbook Betting Lines) - The Detroit Lions acquired wide receiver Dennis Northcutt from the Jacksonville Jaguars in exchange for safety Gerald Alexander on Tuesday. The 31-year-old Northcutt, who spent the last two seasons
Bruins buy out Schaefer >>
Boston, MA (Sportsbook Betting Lines) - The Boston Bruins announced Tuesday that they
have bought out the final year of forward Peter Schaefer's contract.
Schaefer, 31, did not see the ice in Boston last season, spending the entire
campaign in Pr
Diamondbacks activate Tracy >>
Cincinnati, OH (Sportsbook Betting Lines) - The Arizona Diamondbacks activated first
baseman Chad Tracy from the 15-day disabled list on Tuesday.
Tracy sustained an oblique strain in a game against the Braves on May 29. The
veteran went 3-for-4
Stars re-sign Lehtinen to one-year deal >>
Frisco, TX (Sportsbook Betting Lines) - The Dallas Stars announced Tuesday that they
have re-signed right wing Jere Lehtinen to a one-year contract for the 2009-10
season.
The deal includes a $1.5 million base salary, and as much as $1 million m
Beltre has surgery >>
Bronx, NY (Sportsbook Betting Lines) - Seattle Mariners third baseman Adrian Beltre
underwent surgery Tuesday to remove bone spurs in his left shoulder.
Beltre, who was also put on the 15-day disabled list, had the procedure
performed by
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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