Heat re-sign Anthony; formalize Miller signing

Basketball Betting Lines

07/16/2010 - Miami, FL (Sportsbook Betting Lines) - The Miami Heat continued filling out their roster on Friday by re-signing center Joel Anthony and inking second-round draft pick Dexter Pittman.

The team also formalized the signing of free agent guard Mike Miller to a reported five-year deal worth about $25 million. A career 40.5 percent three- point shooter, Miller has been on three teams the last three years, playing 54 games for Washington last season and averaging 13.7 points, 6.2 rebounds and 3.9 assists.

It's been a whirlwind week for the Heat following the re-signing of guard Dwyane Wade and the additions of LeBron James and Chris Bosh.

Anthony has started 45 of the 169 games he's played in during his three seasons with the Heat, averaging 2.6 points and 3.2 rebounds. He has also averaged 1.38 blocks.

"This contract with Joel Anthony is a testament to the man who is second to none; who has worked hard and deserved this," said Heat president Pat Riley. "We felt that what he has done over the last couple of years in developing his game, his body and his knowledge warrants this reward. If other NBA non- drafted free agents want a prototype to follow, Joel Anthony is that man."

Pittman, a 6-foot-10 center, averaged 6.6 points and 4.0 rebounds while shooting 62.3 percent from the field in 134 games at the University of Texas. He was the 32nd overall draft pick.

"One of our priorities in the draft was to make sure that we could augment the depleted center position with the loss of Jermaine O'Neal," Riley said. "Dexter has the size and agility to be a very productive player for us in the long run, and there is no better place for him to improve than in the Miami Heat system."

Wwwtangierscasino Basketball Betting News

<< Red Sox issue medical updates on Pedroia, Varitek
Boston, MA (Sportsbook Betting Lines) - Boston Red Sox manager Terry Francona issued medical updates on second baseman Dustin Pedroia and catcher Jason Varitek prior to Friday's game against the Texas Rangers. Pedroia broke a bone in his left

<< Yankees honor Steinbrenner, Sheppard
Bronx, NY (Sportsbook Betting Lines) - The New York Yankees held a tribute prior to Friday night's game against Tampa Bay to honor late team owner George Steinbrenner and former public address announcer Bob Sheppard. Fans and the entire

<< Habs appoint Carriere assistant GM
Montreal, Quebec (Sportsbook Betting Lines) - The Montreal Canadiens announced on Friday the appointment of Larry Carriere to assistant general manager and director of player personnel. Carriere, a Montreal native, had been a pro scout fo

<< Padres disable Latos, Adams
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres have placed pitchers Mat Latos and Mike Adams on the 15-day disabled list. Latos will be out of action due to a strained left oblique muscle suffered when he was trying to hold

<< Indians release C Redmond
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians have released catcher Mike Redmond after designating him for assignment last Saturday. Redmond was hitting .206 with five runs batted in over 63 at-bats at the time of his designation

Mets bump Pelfrey to Monday >>
San Francisco, CA (Sportsbook Betting Lines) - New York Mets starting pitcher Mike Pelfrey will have his scheduled Saturday start pushed back to Monday due to a stiff neck. The Mets will insert lefty Hisanori Takahashi to take the place of Pelf

Gainey goes in front at Chiquita Classic >>
Maineville, OH (Sportsbook Betting Lines) - Tommy Gainey posted a six-under 66 on Friday to move atop the leaderboard after the second round of the inaugural Chiquita Classic. Gainey finished 36 holes at 14-under 130 at TPC River's Bend and is one st

Manny Ramirez replaced in first inning >>
St. Louis, MO (Sportsbook Betting Lines) - Los Angeles Dodgers slugger Manny Ramirez left Friday's game against the St. Louis Cardinals due to right calf tightness. He's considered day-to-day. Ramirez was replaced in left field by Xavier Paul in the b

NFL suspends Seahawks LB Hill one game >>
Seattle, WA (Sportsbook Betting Lines) - The NFL has suspended Seattle Seahawks linebacker Leroy Hill one game for violating the league's substance abuse policy. Hill was also fined an additional game check. The Seattle Times reported

Harvick grabs first truck pole at Gateway >>
Madison, IL (Sportsbook Betting Lines) - Kevin Harvick will start on the pole for Friday's CampingWorld.com 200 Camping World Truck Series race after posting the quickest lap in qualifying at Gateway International Raceway just outside of St.

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.

American Idol odds : Blake Lewis the Early Standout

An important American Idol betting lines recap from February 20 Guys episode. The 12 men came out flat overall with Blake Lewis appearing to have the early edge after the first hour and a half.

Rudy - was quite good singing "Free Ride" to start off.  Randy was not impressed though.  Paula thought he started off fantastic.  "Never had anyone stop off so lively" said Paula but Simon (who does not like Rudy) does not feel he has a distinct voice and was not impressed either. 

Brandon was a little pitchy according to Randy and Paula agreed.  Simon said he was a good singer but the song was "too safe" and he needs to make an impact.  He was listed at +1200 odds or $1200 paid out on a $100 bet should he win the competition. 

Big favorite Sundance came in with a flat version of "Knights in White Satin" and the judges let him have it, including Paula.  Randy claimed the song was out of pitch throughout.

Korean American - and a Jenny Woo favorite - Paul Kim was up next.  Another pitchy flat one but Randy said he still liked his potential.  Kim at +3000 odds was said to have sung a "third rate version of that (George Michael) song" according to Simon Cowell.  He sang "Careless Whisper".

22 year old Chris Richardson was up next.  He was listed with +1100 odds coming in.  He got the best response from the judges though Simon did not believe the vocal was that great. 

Nick was boring and pitchy.  Simon didn't think he was that bad though and predicted he would be back next week.  Nick Pedro was a big +3000 dog coming into this competition. 

Beat boxer Blake Lewis was listed with early +1000 odds or $1000 payout on a $100 bet if he were to become the next American Idol winner odds .  These of course were the early odds.  He was considered original for picking an "odd song".  He did not beat box and the judges felt it was the best vocal of the night. 

Sanjaya came in as the second biggest favorite after Chris Sligh but his performance Tuesday night was not very good. 

Chris Sleigh was the early favorite at +450 odds.  Great voice and a great sense of humor.  He's a real standout.  Randy felt it was on point but maybe ahead of the chorus a little bit.  Simon Cowell said he felt like he was in some "sort of weird student gig". 

Jared Cotter followed.  He was listed with +2000 odds early on to win the competition.  The judges felt he needs to take more risks but looked good. 

22-year old AJ Talbado, who has tried out for American Idol five times, was up next.  "Kind of a theme park performance" said Simon.  Though the judges felt he performed okay.  Simon did feel AJ might be better than he originally thought.

Phil - this season's military favorite - came into this competition with +1200 odds to win the competition.  He was the last to perform.  He was certainly strong enough to get through this stage of the competition and perhaps the best one after a shaky start. 

Tomorrow night, the ladies perform and I sure hope they do a better job than the boys.  Check out all the American Idol betting odds here.

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.