Redskins sign No. 4 overall pick Trent Williams
Football Betting Lines
07/30/2010 -
ASHBURN, Va. (AP) -The Washington Redskins have reached an agreement with No. 4 overall pick Trent Williams on a six-year, $60 million contract.
Williams plans to sign the deal in the morning and will then take part in Friday's practice at training camp.
The deal, which has $36.75 million in guaranteed money, ends a one-day holdout after Williams missed the first day of camp Thursday.
Williams is projected to be Washington's starting left tackle, filling the void left by the retirement of six-time Pro Bowler Chris Samuels.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
Former Oregon quarterback Jeremiah Masoli has accepted an invitation from Mississippi coach Houston Nutt to visit the school this weekend, a person familiar with the situation told The Associated Press on Friday.Masoli made the decision early Friday
<< AP source: Masoli invited to Ole Miss this weekend
Mississippi coach Houston Nutt has invited former Oregon quarterback Jeremiah Masoli to visit the school this weekend, a person familiar with the situation told The Associated Press on Friday.Masoli is expected to decide by Friday morning whether he
<< AP source: Masoli invited to visit Ole Miss
A person familiar with the situation says Mississippi coach Houston Nutt has invited former Oregon quarterback Jeremiah Masoli to visit campus this weekend.Masoli is expected to decide by Friday morning whether he'll visit Oxford. The person spoke t
<< Murray needs three sets to advance in Los Angeles
Los Angeles, CA (Sportsbook Betting Lines) - Andy Murray notched a three-set victory
to advance to the quarterfinals at the $700,000 Farmers Classic tennis event.
Murray, the top seed, defeated American Tim Smyczek 6-1, 4-6, 6-2, in just
under
<< Report: Saints sign first-round pick Robinson
New Orleans, LA (Sportsbook Betting Lines) - The New Orleans Saints have reportedly
signed rookie cornerback Patrick Robinson to a five-year contract.
According to the Times-Picayune, Robinson is expected to report to training
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Ashburn, VA (Sportsbook Betting Lines) - The Washington Redskins have signed their first-round draft pick, offensive tackle Trent Williams. Terms of the deal were not disclosed, but the Washington Post reports it to be worth $60 million over six
Van den Berg wins on Sunshine Tour >>
Port Elizabeth, South Africa (Sportsbook Betting Lines) - Ulrich van den Berg shot an
even-par 72 on Friday, but it was enough to capture the Vodacom Business
Origins of Golf event.
Van den Berg finished at 14-under 202 and won by a strok
Knicks' Stoudemire in Israel to trace Hebrew roots >>
JERUSALEM (AP) -NBA star Amare Stoudemire says he has come to Israel to explore whether he has Jewish heritage.He tells The Associated Press on Friday that he believes he has ``Hebrew roots'' through his mother, Carrie.The five-time All-Star who rec
Bruins sign Blake Wheeler after arbitration award >>
Boston, MA (Sportsbook Betting Lines) - The Boston Bruins have signed forward Blake
Wheeler to a one-year contract after the two sides went to arbitration earlier
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Unpredictable tournament sets up USA-Cuba in quarters >>
Thunder Bay, Canada (Sportsbook Betting Lines) - After six exciting days and 30 hard-
fought games of round-robin competition, the 2010 International Baseball
Federation World Junior Baseball Championship is set to begin the medal round.
Anything but pre
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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