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Hawks sign C Thomas

Basketball Betting Lines

09/02/2010 - Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Hawks signed free agent center Etan Thomas on Thursday. Per team policy, terms of the deal were not disclosed.

An eight-year veteran, Thomas spent last season with Oklahoma City and in 23 games averaged 3.3 points and 2.8 rebounds in 14.0 minutes of playing time. The Syracuse alum spent the previous seven seasons with Washington.

"We're excited to add a player of Etan's caliber to our roster," said Hawks head coach Larry Drew. "He provides additional veteran leadership, physicality and toughness to our club, especially on the glass and the defensive side of the ball. We also add another versatile and multi-positional player to our frontcourt."

In 396 career games, 74 starts, the 6-foot-10 Thomas holds down averages of 5.8 points, 4.8 rebounds and 1.1 blocks in 17.7 minutes of floor time.


<< Boston's Buchholz named AL Pitcher of the Month
New York, NY (Sportsbook Betting Lines) - Boston Red Sox right-hander Clay Buchholz was named the American League Pitcher of the Month for August. Buchholz was 4-0 with a minuscule 1.03 earned-run average over six August starts. He struck out

<< Toronto's Bautista wins AL monthly award
New York, NY (Sportsbook Betting Lines) - Toronto Blue Jays outfielder Jose Bautista was named the American League Player of the Month for August. Bautista torrid month-long stretch with the bat saw him lead the A.L. in home runs (12), RBI (24)

<< Wozniacki, Jankovic reach third round in Flushing
Flushing Meadows, NY (Sportsbook Betting Lines) - Top-seeded Caroline Wozniacki and former world No. 1 Jelena Jankovic were a pair of second-round winners Thursday at the 2010 U.S. Open. The 2009 runner-up Wozniacki double-bageled Taipei's Kai-Chen

<< Hard times hit United after Open Cup setback
Philadelphia, PA (Sportsbook Betting Lines) - D.C. United hit rock bottom Wednesday. The most storied franchise in Major League Soccer history was already on the verge of their worst season in history, and it got even worse with their U.S. Open Cup exit.

<< D'Backs' Hudson named NL Rookie of the Month
New York, NY (Sportsbook Betting Lines) - Arizona Diamondbacks pitcher Daniel Hudson was named the National League Rookie of the Month for August. Hudson went 4-1 with a 1.85 earned-run average in six starts during the month. He led all National Le

Braves activate Glaus >>
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Braves activated first baseman Troy Glaus from the 15-day disabled list prior to Thursday's game against the Mets. Glaus had been on the DL since August 18 with inflammation in his left knee

Iowa gives Ferentz extension through 2020 >>
IOWA CITY, Iowa (AP) -Iowa says it is extending coach Kirk Ferentz's contract through 2020.Ferentz's current deal runs through 2015 and pays him roughly $2.84 million per season. Ferentz's new deal will total nearly $3.7 million a year.School offici

Portugal coach Queiroz suspended for 6 months >>
Lisbon, Portugal (Sportsbook Betting Lines) - Portugal coach Carlos Queiroz was handed a six-month suspension Thursday by the country's anti-doping agency, ruling that he disrupted anti-doping tests ahead of the World Cup. Queiroz was previously suspe

Marlins C Baker to have elbow surgery >>
Miami, FL (Sportsbook Betting Lines) - Florida Marlins catcher John Baker is headed for Tommy John surgery on Friday. The Miami Herald reported Thursday that Baker, who has not played since May 12, will undergo a procedure to repair a damaged

Iowa to extend Ferentz through 2020 >>
Iowa City, IA (Sportsbook Betting Lines) - Iowa announced Thursday it plans to extend the contract of head football coach Kirk Ferentz through the 2020 season. School officials expect Ferentz to sign the contract Friday. The Hawkeyes begin the

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.”

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