07/03/2009 - Cincinnati, OH (Sportsbook Betting Lines) - Cincinnati third baseman Edwin Encarnacion was activated from the 60-day disabled list prior to Friday's game against the St. Louis Cardinals.
Encarnacion had been on the DL since late April due to a chip fracture in his left wrist. He's hitting just .127 (8-for-63) in 19 games this season.
Encarnacion made 11 rehabilitation appearances at Triple-A Louisville and hit .270 with a pair of homers and eight RBI. At the time he was put on the DL by the parent club, Encarnacion was hitless in his last 12 at-bats and was mired in a 1-for-28 slump.
The Reds opened a roster spot for Encarnacion by placing infielder Danny Richar on the 15-day DL with a torn labrum in his left shoulder. He suffered the injury sliding head-first into home plate in the third inning of Wednesday's 1-0 win against Arizona.
<< Sturridge secures Chelsea switch
London, England (Sportsbook Betting Lines) - Highly-rated Manchester City striker Daniel
Sturridge has completed his transfer to FA Cup winners Chelsea.
The 19-year-old, who has penned a four-year contract at Stamford Bridge, will
join up the rest
<< Owen agrees to join United
Manchester, England (Sportsbook Betting Lines) - Michael Owen is determined to repay the
faith Sir Alex Ferguson has shown in him after penning a two-year contract
with Manchester United.
The 29-year-old moves to Old Trafford on a free transfer
<< NL Central: Astros creating a buzz
(Sportsbook Betting Lines) - The Houston Astros were one of the National League's
premier teams during the early part of this decade, capturing four division
titles during a five-year span from 1997-2001. A driving force behind that
impressive run was an
<< Gibbs commits future to Arsenal
London, England (Sportsbook Betting Lines) - Arsenal's England Under-21 international
Kieran Gibbs has pledged his long-term future to the club by putting pen to
paper on a new contract.
The 19-year-old made his debut for the Gunners almost two
Cano, A-Rod homer as Yankees top Toronto >>
Bronx, NY (Sportsbook Betting Lines) - Robinson Cano and Alex Rodriguez each homered
as the New York Yankees doubled up Toronto, 4-2, in the opener of a four-game
set.
Mark Teixeira added a hit and an RBI for the Yankees, who have won eight of
D.C., Columbus clash for top spot in East >>
Columbus, OH (Sportsbook Betting Lines) - D.C. United coach Tom Soehn was excited to have
last weekend off in MLS and thinks the Eastern Conference leaders are refreshed
for Saturday's trip to the Columbus Crew, even though they continued defense of
thei
Daytona qualifying rained out, Stewart awarded pole >>
Daytona Beach, FL (Sportsbook Betting Lines) - Rain washed out Friday's qualifying
session for the Coke Zero 400 at Daytona International Speedway.
A thundershower moved over the 2.5-mile track shortly before the start of
qualifying. Track
Bases-loaded walk sends Cubs over Brewers in 10 innings >>
Chicago, IL (Sportsbook Betting Lines) - Jake Fox drew a bases loaded walk, scoring
Ryan Theriot in the bottom of the 10th inning, as the Chicago Cubs edged the
Milwaukee Brewers, 2-1, in the second of a four-game set at Wrigley Field.
Theriot
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. “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).
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.
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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