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NBA Basketball Betting

Heat bring back Shavlik Randolph

Basketball Betting Lines

07/27/2010 - Miami, FL (Sportsbook Betting Lines) - The Miami Heat have re-signed free agent forward Shavlik Randolph to an undisclosed contract.

Randolph had two separate stints with the Heat last season. He appeared in two games after being signed as a free agent on September 28, then was waived on December 14. After a brief tenure with Portland, Miami re-signed him on April 6.

The Duke product appeared in six games for the Heat and Trail Blazers last season, averaging 2.3 points and 2.3 rebounds.

In 95 career NBA games, including seven starts, Randolph has averaged 2.4 points and 2.4 rebounds.


<< Hannover names U.S. defender Cherundolo captain
Hannover, Germany (Sportsbook Betting Lines) - United States defender Steve Cherundolo was named captain of German Bundesliga club Hannover on Tuesday. Cherundolo, 31, has been with Hannover for more than a decade. He joined the club in 1999 and h

<< Jays face a major decision on Bautista
Toronto, Canada (Sportsbook Betting Lines) - It's safe to say Toronto Blue Jays General Manager Alex Anthopoulos had no idea heading into this year that he would have to make an important mid-season decision involving Jose Bautista. With the July 31st n

<< Celtic signs striker Hooper
Glasgow, Scotland (Sportsbook Betting Lines) - Celtic made its sixth signing of the offseason Tuesday, adding 22-year-old striker Gary Hooper on a four-year deal from Scunthorpe United. Hooper had 43 goals in 80 matches for Scunthorpe United, a

<< CFL West: Burris powers through errors in win over Riders
Toronto, Canada (Sportsbook Betting Lines) - While a home win by the Calgary Stampeders against the Saskatchewan Roughriders isn't completely surprising, that the win came by 20 points is not something many would have expected. Calgary put on a great sec

<< Braves, Ross agree to two-year extension
Washington, DC (Sportsbook Betting Lines) - The Atlanta Braves and catcher David Ross agreed to a two-year extension through the 2012 season. Financial terms were not available. Ross is currently batting .269 with 18 RBI in 35 games this sea

Pats sign rookie LB Spikes >>
Foxboro, MA (Sportsbook Betting Lines) - The New England Patriots agreed to terms with rookie linebacker Brandon Spikes on a contract on Tuesday. Details were not disclosed, but the Boston Herald is reporting that the deal is for four years and wo

Youzhny, Almagro win openers in Gstaad >>
Gstaad, Switzerland (Sportsbook Betting Lines) - Top seeds Mikhail Youzhny of Russia and Nicolas Almagro of Spain were a pair of first-round winners Tuesday at the Swiss Open. Youzhny rolled past French lucky-loser Marc Gicquel 6-2, 6-2 in 72 m

Ortiz, Greisen and Moye-Moore earn weekly AFL honors >>
Tulsa, OK (Sportsbook Betting Lines) - Tampa Bay linebacker ERIC ORTIZ, Milwaukee quarterback CHRIS GREISEN and Orlando linebacker MARLON MOYE-MOORE have been named the JLS Ironman, Russell Athletic Offensive Players and Riddell Defensive Player of the

Schiavone wins Istanbul opener >>
Istanbul, Turkey (Sportsbook Betting Lines) - It took two days, but French Open champion Francesca Schiavone finally posted a first-round victory at the $220,000 Istanbul Cup hardcourt tennis event. The top-seeded Schiavone was leadin

Former Dolphin Galbreath dead at 45 >>
Davie, FL (Sportsbook Betting Lines) - Former Miami Dolphins offensive lineman Harry Galbreath died Tuesday of an apparent heart ailment. He was just 45 years old. The Dolphins organization issued a release Tuesday saying Galbreath had been work

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.

NFL Football Betting


BILLS (+10) at Steelers SPORTSBOOK LINES

It's impossible to gauge how a team will react after something like the Steve Everett situation, and it probably doesn't matter. That being said, the Bills are going to lose several games this year where they keep things close but fall short in the end to superior teams. Ben Roethlisberger and company could have a field day against Buffalo's decimated defense, but I like the Bills to cover.

BENGALS (-7) at Browns SPORTSBOOK LINES

All you can ask out of your NFL team is that it has a plan. You may not always agree with it as a fan, but as long as it appears the organization is going in some sort of direction, you have to go with it. Which brings us to the Cleveland Browns. You flip a coin to determine whether Chuck Frye or Derek Anderson should start the preseason opener. You start Frye in Week 1, but pull him in the first half. And then you deal him to the Seahawks for a sixth-round pick? Hmm... the Bengals could get six turnovers again this week.

COLTS (-7) at Titans SPORTSBOOK LINES

Tennessee signed ex-Colts cornerback Nick Harper in the offseason so that should help slow down Peyton Manning. Just ask Jason David and the Saints. Oh wait... One of these weeks, I'm going to learn to not pick against Tennessee, which has won seven of its last eight games. But it's not happening against Indy.

TEXANS (+6.5) at Panthers SPORTSBOOK LINES

Houston's Mario Williams, the first pick in the '06 draft, has more touchdowns than Reggie Bush after one week. Somehow I don't see that lasting. Meanwhile, Carolina bottled up what was expected to be a pretty high-octane offense in St. Louis in Week 1. Could this be the Panthers' defense everyone expected last year? Maybe. This feels like a 20-16 Carolina win.

RAMS (-3) vs. 49ers SPORTSBOOKS LINES

Absolutely love this game. Everyone's favorite pick for this year's surprise team -- the 49ers -- laid an egg on Monday night (not that anyone was watching with the game ending in the middle of the night for those of us on the East Coast). St. Louis wasn't much better, delivering a lackluster effort against the Panthers that included two Steven Jackson fumbles and panic from his fantasy owners. Jackson rebounds this week, and the Rams get their first win.

PACKERS (+1.5) at Giants SPORTSBOOKS LINES

Do you really trust this guy to win an NFL game if Eli Manning can't go? I say no. I'd feel alot better about this Packers team if it had any semblance of a running game, but I still think Green Bay's defense is good enough to give it a 2-0 start.

JAGUARS (-10) vs. Falcons SPORTSBOOKS LINES

Does it scare me to pick Jacksonville to cover a double-digit spread after it scored just 10 points last week against the Titans? Absolutely. But can I bring myself to pick Atlanta under any circumstances? No. Check out this poll on ajc.com. It asks what Atlanta's most urgent deficiency is: offense, defense, specials teams or all of the above. "All of the above" has 57 percent of the votes. Ouch.

SAINTS (-3) at Buccaneers SPORTSBOOKS LINES

I'm picking way too many road teams this week. Oh well. New Orleans has had some time to reflect on its lackluster showing in the opener, and the Buccanneers just aren't a very good football team. Anyone else surprised Tampa Bay hasn't made a move to sign Byron Leftwich? I thought that's what they do.

VIKINGS (+3) at Lions SPORTS BETTING LINES

Run the ball and stop the run. Minnesota can do both, and that will keep them in a lot of games this season. Even though it was only one week, Adrian Peterson looks like he was a steal at No. 7 in last year's draft. Not only will he produce, but Peterson delivers excitement to what otherwise would be one of the league's most boring teams.

DOLPHINS (+3.5) vs. Cowboys SPORTS BETTING LINES

Lost in the Tony Romo lovefest is just how bad the Cowboys' defense was last week. I know they're banged up, but Dallas' 'D' allowed 438 yards to the Giants' offense, and backup running back Derrick Ward averaged 6.8 yards per carry. Meanwhile, Cam Cameron's decision to split carries between Ronnie Brown and Jesse Chatman sounds about as can't-miss as Larry David's plan to show up to Marty Funkhouser's party a night late. Still, gotta go with Miami to cover at home.

SEAHAWKS (-2.5) at Cardinals SPORTS BETTING LINES

I'm probably missing something, but this game seems too easy. Arizona blew Monday night's game against the 49ers in typical Cardinals fashion, and the Seahawks beat Tampa Bay by two touchdowns. Love Seattle in this one.

BRONCOS (-9.5) vs. Raiders SPORTS BETTING LINES

Special teams was a major story line in Week 1. Take a look at the Broncos. They had to rush on to the field to get a Jason Elam field goal as time expired against the Bills. Denver drove into Buffalo territory on eight of 10 drives but came away with just a pair of field goals and a touchdown. Look for more scoring from the Broncos this week against an Oakland defense that gave up 36 points to Detroit in Week 1.

BEARS (-12) vs. Chiefs SPORTS BETTING LINES

Everyone talks about Rex Grossman when dissecting the Bears' offense, but Chicago's quarterback got no help in last week's loss to the Chargers. Meanwhile, Kansas City confirmed what we all thought while watching Hard Knocks: The Chiefs are going to stink this year. It could be a rough first month for Larry Johnson fantasy owners. Kansas City's RB was limited to 43 yards on 10 carries in Week 1, and the Chiefs face the Bears, Vikings and Chargers the next three weeks, all formidable run defenses.

RAVENS (-10) vs. Jets SPORTS BETTING LINES

A big dose of Willis McGahee and a usual sound defensive effort will give the Ravens their first win. According to Football Outsiders, no team in the NFL rushed only three defenders on pass plays last year more than the Jets. And according to my special Jets correspondent Ben Stauber, New York did the same in Week 1. Whoever starts at quarterback for the Ravens should have all day to throw.

PATRIOTS (-3) vs. Chargers

Friends and I were discussing how Bill Belichick goes about paying his $500,000 fine for cheating. Does he just write one check to the NFL? Do you need some sort of clearance to make such a monstrous financial transaction? I guess I shouldn't complain about the security deposit I have to put down on my new apartment. Anyway, two of the league's best teams square off in what should be a good one Sunday night. The Patriots always respond well just when you think they're in trouble. And their offensive attack was the story in Week 1.

Note: Monday night game will be picked Monday. Lines used are from football betting.