Agent: free agent DL Smith to miss season with Achilles tear

Football Betting Lines

07/08/2010 - Littleton, CO (Sportsbook Betting Lines) - NFL free agent defensive lineman Kenny Smith will miss the entire 2010 season after suffering a torn Achilles tendon, according to his agent.

The injury occurred while Smith was working out and he's expected to undergo surgery on Monday, according to Paul Sheehy of Pro Star Sports Agency.

The 32-year-old appeared in six games with Kansas City last season and accumulated two tackles.

In 36 career games, Smith has 71 total tackles and 4 1/2 sacks with New Orleans, Oakland and the Chiefs.

Wwwgamblecom Football Betting News

<< Clarke leads at Loch Lomond
Glasgow, Scotland (Sportsbook Betting Lines) - Darren Clarke posted a six-under 65 on Thursday to take the first-round lead of the Scottish Open at Loch Lomond Golf Club. Clarke is riding a hot wave. He captured the unofficial JP McManus Pro-A

<< Samba Boys no more
Toronto, Canada (Sportsbook Betting Lines) - It's long been a staple of Brazilian soccer, a free-flowing offensive attack that had opponents in fear of what was coming next. Referred to in Brazil as "Jogo Bonito" - beautiful soccer - fans in Brazil and a

<< Jermaine O'Neal headed to Boston
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have reportedly agreed to terms with center Jermaine O'Neal. According to the Boston Globe, O'Neal has agreed to the mid-level exception of $5.7 million for the 2010-11 campaign. O'Neal

<< Grizzlies officially bring back Gay
Memphis, TN (Sportsbook Betting Lines) - The Memphis Grizzlies signed forward Rudy Gay to a multi-year contract Thursday, officially ending his flirtation with free agency. Terms of the deal were not disclosed, but the Memphis Commercial Appeal bac

<< Duke draws Princeton in CBE field
Princeton, NJ (Sportsbook Betting Lines) - The CBE Classic revealed its regional lineup for the upcoming season with Duke and Princeton highlighting the early matchups. Duke, Kansas State, Gonzaga and Marquette were previously selected as

Rochus, Dabul reach Newport semis >>
Newport, RI (Sportsbook Betting Lines) - Fourth-seeded Belgian Olivier Rochus and unseeded Argentine Brian Dabul were a pair of straight-set quarterfinal winners Thursday at the Hall of Fame Tennis Championships. The 5-foot-6 Rochus rout

Phillies activate P Madson from DL >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies have activated pitcher Ryan Madson from the 15-day disabled list. He underwent successful surgery to repair a broken right great toe on May 4. Madson has been on the disab

Suns bring back Frye with five-year deal >>
Phoenix, AZ (Sportsbook Betting Lines) - The Phoenix Suns have signed center Channing Frye to a five-year deal on Thursday. Terms of the agreement were not disclosed. The Arizona product posted 11.2 points and 5.3 rebounds per contest in 81

Oklahoma City and New Orleans complete draft day deal >>
Oklahoma City, OK (Sportsbook Betting Lines) - The Oklahoma City Thunder have acquired the draft rights to Cole Aldrich and veteran forward Morris Peterson from the New Orleans Hornets in exchange for the draft rights to forward Craig Brackens and gua

Even the Germans lose >>
Philadelphia, PA (Sportsbook Betting Lines) - Germany manager Joachim Loew abandoned his strategy at the wrong time. Loew said before Wednesday's FIFA World Cup semifinal against Spain that attacking was the only way Germany could win the title. Loew

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.