Bobcats sign G Hughes; Wallace's MRI negative

Basketball Betting Lines

03/13/2010 -

CHARLOTTE, N.C. (AP) -The Charlotte Bobcats have signed veteran guard Larry Hughes to help with depth in the backcourt as they attempt to reach the playoffs for the first time.

Meanwhile, an MRI on forward Gerald Wallace's left ankle on Saturday revealed no fractures or ligament ruptures. But Wallace likely will miss Sunday's game at Orlando after being injured on Friday.

General manager Rod Higgins announced this month they wouldn't sign Hughes because of his broken finger. But the injury has healed sooner than expected, and Hughes could be ready to play in about a week. He walked through plays and participated in shooting drills in practice Saturday.

Charlotte has been looking for help in the backcourt after trading Flip Murray to Chicago last month.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

Wwwhinet Basketball Betting News

<< Twins sign OF Span to five-year contract
Fort Myers, FL (Sportsbook Betting Lines) - The Minnesota Twins announced the signing of outfielder Denard Span to a five-year, $16.5 million contract on Saturday. The deal also includes a $9 million club option for the 2015 season. Span hit .311 i

<< Bobcats sign Larry Hughes
Charlotte, NC (Sportsbook Betting Lines) - The Charlotte Bobcats have signed guard Larry Hughes. Hughes appeared in 31 games for the Knicks this season, then was dealt to Sacramento at the trading deadline and subsequently waived without playin

<< Berkman sidelined 2-4 weeks after knee surgery
Kissimmee, FL (Sportsbook Betting Lines) - Houston Astros first baseman Lance Berkman underwent arthroscopic surgery on his left knee Saturday morning. The Astros said the procedure involved removing loose cartilage debris from the knee. There w

<< Rockets kick off homestand vs. Nets
(Sportsbook Betting Lines) - The chances of the Houston Rockets making the playoffs seem to fade by the day. Tonight they'll have to get past the woeful New Jersey Nets at the Toyota Center in the opener of a four-game homestand and hope for some help ar

<< Maple Leafs host Oilers in matchup of last place clubs
(Sportsbook Betting Lines) - A battle between the bottom two teams in the NHL is on tap tonight in Toronto, pitting the Maple Leafs against the Edmonton Oilers at Air Canada Centre. Despite having won two straight and three of their last four, the Map

Rangers 2B Kinsler has sprained ankle >>
Surprise, AZ (Sportsbook Betting Lines) - Texas Rangers second baseman Ian Kinsler will be sidelined at least a week with a high right ankle sprain. Kinsler suffered the injury in pre-game warmups on Friday and did not play in the proceeding exhibit

Houston steals NCAA bid with upset of UTEP in C-USA final >>
Tulsa, OK (Sportsbook Betting Lines) - Kelvin Lewis stepped up with 28 points and drained six three-pointers, as the Houston Cougars claimed their first Conference USA Tournament title and a return trip to the NCAA Tournament for the fir

Tottenham reaffirms CL ambitions >>
London, England (Sportsbook Betting Lines) - Tottenham took another step towards a top- four finish on Saturday as the club downed Blackburn, 3-1, at White Hart Lane behind two goals from Roman Pavlyuchenko. Jermain Defoe put Spurs in front righ

Vermont takes America East title with win over BU >>
Burlington, VT (Sportsbook Betting Lines) - Marqus Blakely scored 24 points, grabbed 18 rebounds and handed out five assists, leading Vermont back to the NCAA Tournament with an 83-70 victory over Boston University in the championship game of

Dortmund moves into top four >>
Bochum, Germany (Sportsbook Betting Lines) - A pair of late goals from Lucas Barrios helped Borussia Dortmund claim a 4-1 win at Bochum on Saturday, helping the team move into the top four in the Bundesliga table. An own goal from Bochum's Mar

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.

MySportsbook features easy-to-use online betting software that’s the most reliable in the industry. If you’re looking to bet underdogs, then this Sportsbook is the place - we have the best betting lines in the business. MySportsbook is your one-stop shop for all your betting needs - sports betting, poker, casino, and horse racing . MySportsbook offers every bet type with lightning fast settlement of wagers. Take advantage of free statistical analysis - including against-the-spread and straight-up trends - in MySportsbook’s game previews section. With MySportsbook there are unlimited free deposits and payouts - and no transaction fees!

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.