Blue Jays reward Romero with five-year extension

Baseball Betting Lines

08/14/2010 - Anaheim, CA (Sportsbook Betting Lines) - The Toronto Blue Jays on Saturday signed starting pitcher Ricky Romero to a five-year contract extension for $30.1 million with a club option for 2016.

The left-hander is 9-7 with a 3.53 earned-run average over 23 games for Toronto this season. He also has pitched three complete games this year.

Romero, selected by the Blue Jays with the sixth overall pick in the 2005 draft, has compiled a 22-16 record with a 3.94 ERA in 52 contests.

Wwwstarluck Baseball Betting News


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Stanley Cup betting

New York, NY – October 3, 2007 – The dress rehearsal is over! The NHL preseason has ended and now that fans have had a glimpse of what is to come it is time to hit the book! Stanley Cup odds are live at MySportsbook.com, the world’s largest online sportsbook and casino.

The Ottawa Senators and Detroit Red Wings remain on top of the odds charts after an impressive start in the preseason. Betting lines opened for both teams at 6-1 in June. Since then the Sens have fallen to 7-1 and the Red Wings are now caught in a pack including the defending champion Carolina Hurricanes, the San Jose Sharks and the Anaheim Ducks, all at 10-1.

MySportsbook.com has also posted props on each team’s point total for the regular season. The Senators lead the charge at 108.5 followed by the Ducks at 106.5. Detroit will attempt a repeat for the prize as the Red Wings are deadlocked with the Predators at 104.5 a piece. The temporary loss of highly touted rookie Evgeni Malkin puts a lot of pressure on the stick of assistant captain Sidney Crosby - his lowly Pittsburgh Penguins are listed at 71.5.

Even if bettors are not brave enough to put their money on the underdog, an early bet on the favorites at sportsbook.com tends to produce bigger payouts than a mid-season wager. Placing a $1,000 bet last summer on the Detroit Red Wings or Ottawa Senators would have paid out to $8,000 and $10,000 respectively, opposed to a $2,500 or $3,000 payout at the beginning of the playoffs.

Stanley Cup Odds    

 Ottawa Senators
Detroit Red Wings 
Carolina Hurricanes  
San Jose Sharks     
Anaheim Ducks    
Philadelphia Flyers 
Calgary Flames     
New Jersey Devils 
Buffalo Sabres   
Dallas Stars    
New York Rangers  
Nashville Predators  
Vancouver Canucks 
Colorado Avalanche  
Minnesota Wild    
Tampa Bay Lightning    
Boston Bruins    
Florida Panthers   
Montreal Canadiens   
Atlanta Thrashers 
Toronto Maple Leafs  
Edmonton Oilers      
Phoenix Coyotes    
Los Angeles Kings      
New York Islanders   
Columbus Blue Jackets  
St. Louis Blues      
Pittsburgh Penguins 
Washington Capitals   
Chicago Blackhawks    
7-1
10-1
10-1
10-1
10-1
12-1
12-1
12-1
12-1
15-1
15-1
15-1
20-1
20-1
25-1
25-1
30-1
30-1
30-1
30-1
30-1
30-1
40-1
40-1
50-1
50-1
80-1
80-1
100-1
100-1 

NHL Regular Season Points - Team Must Play 82 Games 

Team     
Ottawa Senators      
Anaheim Ducks 
Detroit Red Wings   
Nashville Predators 
San Jose Sharks 
Calgary Flames     
Philadelphia Flyers    
New Jersey Devils     
Buffalo Sabres    
Carolina Hurricanes       
Dallas Stars          
New York Rangers   
Minnesota Wild     
Atlanta Thrashers     
Montreal Canadiens    
Team        
Los Angeles Kings           
Tampa Bay Lightening   
Vancouver Canucks 
Boston Bruins       
Colorado Avalanche 
Edmonton Oilers  
Phoenix Coyotes  
Toronto Maple Leafs   
Florida Panthers 
Columbus Blue Jackets   
New York Islanders   
Chicago Blackhawks  
St. Louis Blues  
Washington Capitals 
Pittsburgh Penguins  
Over/Under
108.5
106.5
104.5
104.5
103.5
101.5
100.5
99.5
97.5
97.5
97.5
95.5
94.5
93.5
92.5
Over/Under
91.5
91.5
91.5
89.5
89.5
88.5
88.5
86.5
84.5
82.5
80.5
72.5
72.5
72.5
71.5

To visit this online sportsbook got to MySportsbook.com for all your hockey sportsbook needs.

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.