Utah's Evans replacing Knicks' Shumpert in Slam Dunk contest

Basketball Betting Lines

02/22/2012 - Orlando, FL (Sportsbook Betting Lines) - Utah Jazz forward Jeremy Evans will replace New York Knicks guard Iman Shumpert in Saturday's Slam Dunk contest.

Shumpert withdrew from the event because of left patella tendinitis.

Evans will vie for the title against Houston's Chase Budinger, Indiana's Paul George and Minnesota's Derrick Williams.

Wwwhankyung Basketball Betting News

<< Jorgensen set for summer switch to PSV
Eindhoven, Netherlands (Sportsbook Betting Lines) - PSV Eindhoven has completed the signing of Danish defender Mathias Jorgensen from FC Copenhagen. Jorgensen will move to PSV on a free transfer this summer when his contract with the Danish si

<< FCS contingent hopes to impress at NFL Combine
Indianapolis, IN (Sportsbook Betting Lines) - Three of the best offensive linemen from the Football Championship Subdivision were part of the first groups of prospects to open the NFL Combine on Wednesday. Offensive tackles Tom Compton of South Dakota

<< Shockers can claim MVC title with win over Redbirds
Normal, IL (Sportsbook Betting Lines) - The 19th-ranked Wichita State Shockers set their sights on the Missouri Valley Conference regular-season title, as they head to Redbird Arena to take on Illinois State in conference bout. This will be the second

<< Royals ink Holland, Coleman
Surprise, AZ (Sportsbook Betting Lines) - The Kansas City Royals on Wednesday agreed to terms on one-year contracts with relievers Greg Holland and Louis Coleman. In two seasons in Kansas City, the 26-year-old Holland has posted a 5-2 record with a

<< Azarenka pulls out of Dubai
Dubai, United Arab Emirates (Sportsbook Betting Lines) - World No. 1 star Victoria Azarenka decided to pull out of the $2 million Dubai Duty Free Championships, citing a left ankle injury. The Belarusian Azarenka suffered the injury during a

Rounding Third: Five AL storylines to watch in spring training >>
Philadelphia, PA (Sportsbook Betting Lines) - There is no better phrase for a baseball fan than, "Pitchers and catchers report." Although the weather here in the Northeast has resembled spring for much of the winter, the fact that baseball is starting is

Fiorentina's Olivera receives three-match ban >>
Florence, Italy (Sportsbook Betting Lines) - Fiorentina midfielder Ruben Olivera has been banned for three games by the Italian football league for violent conduct. Olivera received a red card in Tuesday's 2-0 defeat at Bologna after

Stars' Dowell placed on IR >>
Frisco, TX (Sportsbook Betting Lines) - The Dallas Stars place Jake Dowell on injured reserve Wednesday. The 26-year-old center is expected to miss one week with an upper-body injury. He has one goal and four assists in 43 games this season. To

Lazio rejects Reja's resignation >>
Rome, Italy (Sportsbook Betting Lines) - For the second time this season, Lazio has reportedly rejected Edy Reja's offer to resign as coach, with the latest incident coming Wednesday ahead of his team's Europa League clash with Atletic

Havre de Grace headed to Oaklawn Park >>
New Orleans, LA (Sportsbook Betting Lines) - Reigning Horse of the Year Havre de Grace will start her 2012 racing season at Oaklawn Park in the Azeri on March 17. The champion mare won the 1 1/16-mile stakes last year to begin her four-year- old cam

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.”

To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.