Chiefs officially name Weis offensive coordinator
Football Betting Lines
01/08/2010 -
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs officially named
former Notre Dame head coach Charlie Weis their offensive coordinator on
Friday.
The Chiefs spent last season without an offensive coordinator, as first-year
head coach Todd Haley dismissed Chan Gailey from the post before the regular
season began. Haley ran the offense himself in a 4-12 campaign.
Weis has a history with Haley, having worked with him during his three seasons
with the Jets from 1997-99 as part of Bill Parcells' staff. Haley had
previously stated that having Weis on the staff would allow the team to run
the appropriate offensive scheme.
The offensive coordinator for the New England Patriots between 2000-04, Weis
helped guide the club to three Super Bowl titles. Also in the Patriots
organization at that time was current Chiefs general manager Scott Pioli.
Weis' success in New England garnered him a position as head coach at Notre
Dame, his alma mater, in 2005.
After early success in his first season, Weis was given a lucrative 10-year
contract that he didn't live up to in his five-year reign in South Bend.
The 2009 Fighting Irish finished a disappointing 6-6, dropping Weis's record
to 35-27 at the school. He was fired immediately after the season and replaced
by Cincinnati's Brian Kelly shortly thereafter.
Weis was also rumored to be in line for the open coordinator position for the
Chicago Bears.
<< Florida names Edwards defensive coordinator
Gainesville, FL (Sportsbook Betting Lines) - The University of Florida has named George
Edwards as its defensive coordinator.
Edwards began his coaching career as a graduate assistant at the school in
1991 and for the past five seasons has bee
<< Davydenko ousts Federer; Nadal reaches Doha final
Doha, Qatar (Sportsbook Betting Lines) - Russian star Nikolay Davydenko stunned world
No. 1 superstar Roger Federer, while former top-ranked stalwart Rafael Nadal
avoided an upset on Friday to reach the final at the 2010 season-opening Qatar
Open, an Au
<< Fisher's eagles give him Africa Open lead
East London, South Africa (Sportsbook Betting Lines) - Trevor Fisher, Jr. recorded two
eagles on Friday en route to his second consecutive seven-under 66 and the
second-round lead of the Africa Open.
Fisher finished 36 holes at 14-under 132
<< Jackets visit Flames with shot at consecutive wins
(Sportsbook Betting Lines) - With their lengthy road losing streak now behind them, the
Blue Jackets can now focus on trying to pick up back-to-back wins for the
first time in nearly two months.
Columbus will try to accomplish that feat tonight versus
<< Isles head to Dallas with DiPietro in tow
(Sportsbook Betting Lines) - It has been over a year since Islanders goaltender Rick
DiPietro last played in an NHL game, but that could all change Friday night.
DiPietro is expected to be available again this evening when New York visits
the Dallas Star
Mariners sign Gutierrez to four-year deal >>
Seattle, WA (Sportsbook Betting Lines) - The Seattle Mariners avoided arbitration with
outfielder Franklin Gutierrez on Friday, signing him to a four-year deal with
a team option for a fifth season.
Gutierrez enjoyed a career year in his first se
Bolton names Coyle new manager >>
Bolton, England (Sportsbook Betting Lines) - Bolton named former player Owen Coyle its
new manager Friday.
The 43-year-old moves to the Reebok Stadium after a successful two-year spell
in charge of Burnley.
Coyle, who turned down the chance to
Serna re-signs with Blue Bombers >>
Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers have re-signed
kicker Alexis Serna.
Terms of the deal were not disclosed.
"Alexis is going into his third season with us and we have seen great
progression in the
Wommack out as Ga Tech's defensive coordinator >>
ATLANTA (AP) -Dave Wommack has been fired as Georgia Tech's defensive coordinator.Georgia Tech announced on Friday that Wommack will not return for the 2010 season. Coach Paul Johnson says he and Wommack ``both agreed'' a change was needed after Geo
Royals, Podsednik come to terms >>
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Royals have signed veteran
outfielder Scott Podsednik. The Kansas City Star reports that he will take a
physical on Friday and is expected to compete with Mitch Maier and newly-
signed
Why Sports Betting is so much fun?
Betting Sports
The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)
But you could also simply bet on the money line, or straight-up winner of the game. Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like boxing, tennis, golf and racing events such as NASCAR. ( More details on playing the Money Line)
Points (or Runs) Scored
Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.
The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under . So Under bettors won, and Over bettors lost.
Future Bets
Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.
The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl odds might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
Proposition Bets (or Prop Bets)
Proposition bets , also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:
- What team will win the coin toss
- What player will score the game’s first touchdown
- What will be the exact margin of victory
Types of Bets
Straight Bet
Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.
A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.
Standard payoffs on a two-team parlay are 13/5; while a three-teamer pays 6/1; and a four-teamer 10/1.
Parlay cards are also fairly common in sportsbooks and popular with bettors, as they are released early in the week with set odds that do not change in return for a slightly lower payoff.
Round Robin Betting
Adventurous bettors who enjoy betting parlays sometimes put together a series of parlays called a Round Robin . A three-team Round Robin consists of one three-team parlay and three two-team parlays. For example, Joe likes teams A,B,C – with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.
Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.
These are the main types of sports bets available today. But as sports betting continues to grow, sportsbooks will continue to develop new and creative ways to bet. We’ll continue to track these changes to the sports gambling landscape, so check back often and we’ll tell you all about it!
To visit this online sportsbook got to MySportsbook.com for all your football betting needs.
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.”
To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.
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Bonds nearly hits HR 751, SF wins
4 and drove in
a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat
1, in the middle contest of three at AT&T Park.
6) allowed five hits and one run over 6 2/3 innings, fanning
eight and walking three.
game slide.
Bonds, who came within five homers of Hank Aaron's record on Friday, went
1 with three walks, an RBI double and scored twice. The double ...
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