New-look Knicks play host to Thunder
Basketball Betting Lines
02/20/2010 -
(Sportsbook Betting Lines) - New York Knicks team president Donnie Walsh said the team
has more 'flexibility' to bring in high-priced players now that the trade
deadline has come and gone.
The Knicks acquired former scoring champion Tracy McGrady on Thursday in a
three-team swap with Houston and Sacramento, and will resume a three-game
homestand tonight versus the Oklahoma City Thunder at Madison Square Garden.
They're now capable of offering two maximum salary contracts to the 2010 free
agent class which includes stars LeBron James, Dwyane Wade and Chris Bosh,
among others.
New York, which freed itself of about $32 million in salary cap space,
received McGrady's league-high $23 million expiring contract from the Rockets
as well as Kings point guard Sergio Rodriguez. Houston gets forwards Jordan
Hill and Jared Jeffries from the Knicks, and a protected 2012 first-round
pick. The Rockets have the option of exchanging first-round draft picks in
2011. The Kings acquired guard Larry Hughes from New York, and forwards Carl
Landry and Joey Dorsey from Houston.
McGrady could make his Big Apple debut tonight, but it's still unclear. He has
appeared in just six games this season after returning from knee surgery and
has career averages of 21.9 points, 6.1 rebounds, 4.7 assists and 34.4 minutes
in 790 career games (640 starts) in 13 NBA seasons with Toronto, Orlando and
Houston. All the players involved in the three-team trade have to pass a
physical and get all the necessary paperwork completed before anyone can play
with their new team.
"Hopefully we get it done," Knicks coach Mike D'Antoni said on the team's
site. "They're all excited to play and they want to play. It's not just up to
us, it's the other teams, everybody has to pass their physicals and get all
the paperwork. If we can get it all done, they'll be ready to play tomorrow.
And I hope that that's the case."
The Knicks could use any kind of boost right now and have lost five in a row,
including Wednesday's 115-109 setback versus the Chicago Bulls in the opener
of the homestand. Al Harrington had 27 points and Wilson Chandler added 26,
while David Lee had 23 points and 12 boards. The Knicks will also host
Milwaukee and are 12-17 at MSG this season.
Oklahoma City will try to extend its season high winning streak to eight games
Saturday night. The Thunder made it seven wins in a row with a 99-86 triumph
at Dallas on Tuesday, as All-Star Kevin Durant extended his franchise record
of scoring at least 25 points in 26 consecutive games with exactly 25 points.
His current stretch is the longest run since Allen Iverson reached the magic
number in 27 straight games during his MVP 2000-2001 season.
Jeff Green, Russell Westbrook and James Harden each had 17 points in the win,
as Oklahoma City improved to a season-best 10 games above .500. The seven
consecutive victories is the longest since a nine-game run early in the
2004-05 campaign.
"It's just how we've been playing defense together," Russell Westbrook said of
the recent success.
The Thunder are fighting for playoff positioning in the West and will also
visit Minnesota on the current road swing. They've won three in a row as the
guest and are 15-11 away from home this season.
Oklahoma City beat the Knicks by a 106-88 count at home on January 11 thanks
to Durant's game-high 30 points. The Thunder have won five of the last six
meetings with New York.
<< Raptors open homestand vs. Wizards
(Sportsbook Betting Lines) - Even without All-Star Chris Bosh the Toronto Raptors were
able to crank out a win, but then again it was against the woeful New Jersey
Nets. The Raptors hope to have Bosh back in the lineup tonight, when they kick
off a t
<< Clippers host Kings in LA
(Sportsbook Betting Lines) - Two teams at the bottom of the barrel in the Western
Conference collide tonight in Hollywood, as the Los Angeles Clippers try to
stop a six-game slide versus the Sacramento Kings at Staples Center.
The Clippers,
<< Cavaliers' moves change matchups with Magic
ORLANDO, Fla. (AP) -A matchup of the teams in last season's Eastern Conference finals is getting another twist.The new-look Cleveland Cavaliers visit the Orlando Magic on Sunday for the first time since they acquired Antawn Jamison from Washington.D
<< Pettersen pushes lead to five in Thailand
Chonburi, Thailand (Sportsbook Betting Lines) - Suzann Pettersen carded a four-under 68
Saturday and extended her lead to five strokes after three rounds of the LPGA
Tour's season-opening Honda PTT LPGA Thailand.
Pettersen, the 2007 champion, comple
<< Bobcats dominate Cavs as Jamison falls flat in debut
Charlotte, NC (Sportsbook Betting Lines) - Stephen Jackson poured in 29 points and
pulled down eight rebounds, as the Charlotte Bobcats handled the Cleveland
Cavaliers, 110-93, in a battle between two teams that made moves prior to
Thursda
Rockets, Pacers collide in Houston >>
(Sportsbook Betting Lines) - A blockbuster trade has given the Houston Rockets an
entirely new look as Rick Adelman's bunch gets ready to play host to the
Indiana Pacers tonight at the Toyota Center.
Houston general manager Daryl Morey d
Heat hope to stay hot in Big D >>
(Sportsbook Betting Lines) - The Miami Heat shoot for their sixth straight win when they
close out a five-game road trip tonight against the Dallas Mavericks at
American Airlines Center.
Miami made it five wins in a row and improved to 4-0 on t
Bobcats try to ride momentum into Milwaukee >>
(Sportsbook Betting Lines) - The Charlotte Bobcats hope a big win over LeBron James and
the Cleveland Cavaliers can propel them in tonight's opener of a four-game
road trip against the Milwaukee Bucks in Brew City.
Charlotte handed the Cavaliers
Sixers hit the road to Chicago >>
(Sportsbook Betting Lines) - Coming off one of their most impressive wins of the season,
the Philadelphia 76ers will hit the road for four games starting with
tonight's matchup against the Chicago Bulls at the United Center.
The 76ers ended a
Saints and Bulldogs do battle in Indy >>
Indianapolis, IN (Sportsbook Betting Lines) - The two top teams in their respective
conferences kick off BracketBusters Saturday, as the Siena Saints come calling
on the 18th-ranked Butler Bulldogs at Hinkle Fieldhouse in Indianapolis.
Winners of nine
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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.
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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