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Basketball Betting
 

NBA Basketball Betting

Report: Rubio to remain in Spain for two years

Basketball Betting Lines

07/02/2009 - Barcelona, Spain (Sportsbook Betting Lines) - Minnesota Timberwolves first-round draft pick and international sensation Ricky Rubio will reportedly play out his contract with DKV Joventut, choosing to remain with the Euroleague team for the next two seasons.

According to El Periodico, a Barcelona newspaper, Rubio will withdraw his contract lawsuit against his club. He would have had to pay an expensive buyout if he were to negate his contract and play for Minnesota next season.

Rubio, 18, was selected with the fifth overall pick of the 2009 NBA Draft and had been expected to be one of the top rookies in the upcoming NBA season. Should he play out his contract, he will not have to pay a buyout and will join the T'Wolves for the 2011-12 season, when he is just 20 years old.


<< Inter's Cruz to decide future soon
Milan, Italy (Sportsbook Betting Lines) - Veteran Inter Milan striker Julio Cruz will decide at the beginning of next week where he will play his football next season. The 34-year-old Argentinian is out of contract at the San Siro and is we

<< Ze Roberto set to join Hamburg
Hamburg, Germany (Sportsbook Betting Lines) - Brazilian midfielder Ze Roberto is poised to complete his move from Bayern Munich to fellow Bundesliga outfit Hamburg. The versatile 34-year-old rejected the offer of a new one-year from Bayern to move

<< UEFA President Platini embarrassed by fees
Nyon, Switzerland (Sportsbook Betting Lines) - UEFA President Michel Platini has again spoken out against the escalation of transfer fees after admitting he is "embarrassed" by Cristiano Ronaldo's $131 million move to Real Madrid. World and

<< Real's De la Red may not play again
Madrid, Spain (Sportsbook Betting Lines) - Real Madrid midfielder Ruben De la Red could be facing the end of his career as doctors struggle to diagnose a problem which caused him to collapse during a game last season. The 24-year-old lost consciou

<< Sounders add Costa Rican left back to fold
Renton, WA (Sportsbook Betting Lines) - The Seattle Sounders FC signed Costa Rican defender Leonardo Gonzalez, pending receipt of his P-1 work permit and International Clearance, it was announced on Thursday. "It's nice to have to hav

Wigan finally snares Thomas >>
Wigan, England (Sportsbook Betting Lines) - Wigan Athletic has finally signed Honduras midfielder Hendry Thomas after a 12-month delay. The 24-year-old international has agreed a three-year contract at the JJB Stadium and will officially joi

Mets overcome deficit, blown save; beat Pirates in 10 >>
Pittsburgh, PA (Sportsbook Betting Lines) - Ryan Church collected three hits and drove in two runs, including the deciding one in the 10th inning, as the New York Mets rallied from a five-run deficit to top Pittsburgh, 9-8, in the makeup contest

Bruins bring back Recchi with one-year deal >>
Boston, MA (Sportsbook Betting Lines) - The Boston Bruins re-signed veteran winger Mark Recchi to a one-year contract on Thursday. Per club policy, terms of the deal will not be disclosed. Recchi posted 10 goals and six assists in 18 games for

Agent: Vidic to stay at United >>
Manchester, England (Sportsbook Betting Lines) - The agent of Manchester United defender Nemanja Vidic has moved to try and put an end to speculation linking his client with a summer exit from Old Trafford. The 27-year-old Serbia international ha

Dortmund: Zidan to stay put >>
Dortmund, Germany (Sportsbook Betting Lines) - Borussia Dortmund coach Jurgen Klopp insists that his club have no intention of selling Egypt striker Mohamed Zidan in the current transfer window. The 27-year-old struggled to make an impact

MySportsbook.com Releases World Series Championship Lines

New York Yankees and Chicago White Sox early favorites to win 2008 World Series
The Major League Baseball season starts this weekend and MySportsbook.com, a leading online sportsbook for over 8 years, is the first to offer baseball sports betting lines on who will win the 2007 World Series.

"The World Series is the biggest baseball event in the sports betting world and MySportsbook.com is excited that we are first to market with betting lines on every team," says Tim Dalton, Marketing Director, MySportsbook.com. "We are getting things ready for a great baseball season and our members are looking forward to our Player Payback Bonuses, as well as Dime Lines, all season long."

Going in to this weekend, MySportsbook.com's favorites to win the World Series are the New York Yankees at 7-2 and last year’s winners the Chicago White Sox at 9-2.

"These betting lines are ripe for the picking," Dalton added, "baseball fans know that the season is long and many factors, including players staying healthy, will affect these Future odds as the baseball season progresses. Betting on your favorite team in the beginning of the season could prove quite lucrative. We are seeing examples of this right now in the NCAA College Basketball Tournament with a lucky few that placed pre-season bets on George Mason to win it all. Anything can happen."

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs..

About www.MySportsbook.com
MySportsbook.com is the foremost online sportsbook offering Internet wagering to its worldwide customers. Fully licensed and regulated in St. John’s, Antigua since 1997, MySportsbook.com offers a complete range of online casino games, sports betting lines, poker tournaments and horse racing offtrack betting daily through its portfolio of companies and managed services. With over 7 years of experience, MySportsbook.com has become one of the most respected companies in the gaming industry by providing unparalleled 24/7 customer support and timely payouts. MySportsbook.com is part of the SportingBet PLC group of companies that is publicly-traded on the London Stock Exchange ( LSE ) under the symbol SBT.L. MySportsbook.com provides a secure environment for sports and casino wagering and has been featured in numerous media outlets, including MAXIM Magazine, Cigar Aficionado, and CNN’s Paula Zahn Now among others.

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.