Report: Clippers send Randolph to Memphis for Richardson
Basketball Betting Lines
07/01/2009 - Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Clippers reportedly cleared some cap space for 2010, sending forward Zach Randolph to Memphis in exchange for forward/guard Quentin Richardson.
Several media sources are reporting the exchange. Randolph is set to make $33 million over the next two seasons, while Richardson makes $9 million in 2009-10, the last year of his deal.
Not only does the deal clear significant cap space for Los Angeles, but the Clippers will also receive an $8 million trade exception because of the salary differences.
League rules prevent the deal from being completed until next week.
Richardson has now been traded twice in a week and comes back to where his career began. The 6-foot-6 DePaul product was traded from New York to Memphis on draft night in exchange for Darko Milicic.
The 29-year-old, who was the Clippers' first-round pick in 2000, averaged 10.2 points in 72 games for the Knicks last season and holds a 11.5 career points per game average. He spent the first four seasons of his career with the Clips, averaging a career-high 17.2 points per game in his last season with the club in 2003-04.
Randolph, who split last season with New York and Los Angeles, will head to the Grizzlies after putting up over 20 points a game in 50 combined contests with the two clubs. The 27-year-old has career averages of 16.7 points and 8.3 rebounds in 506 career games with Portland, New York and the Clippers.
Oakland, CA (Sportsbook Betting Lines) - Dallas Braden threw seven strong innings, and Jack Cust and Jason Giambi each hit a two-run homer, as the Oakland Athletics defeated Detroit, 5-1, in the rubber match of a three-game series. Braden (6-7) al
<< Ottawa brings back Neil
Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators announced on Wednesday that
they have re-signed right-winger Chris Neil to a four-year contract worth a
reported $8 million.
The Ottawa Sun reports Neil chose to stay in Ottawa despite a
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Cincinnati, OH (Sportsbook Betting Lines) - Johnny Cueto tossed six shutout innings and
the Reds bullpen finished the two-hitter from there, as Cincinnati blanked
Arizona, 1-0, in the second of three games with the Diamondbacks.
Cueto (8-4) surr
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New York, NY (Sportsbook Betting Lines) - Butler will face Georgetown, and Indiana will
take on Pittsburgh in the matchups for this year's Jimmy V Classic, to be held
at Madison Square Garden on December 8.
This will be the debut for Georgetown and
<< Cubs grab early lead, top Pirates
Pittsburgh, PA (Sportsbook Betting Lines) - Derrek Lee belted a two-run home run and
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the Pittsburgh Pirates, 4-1, in the rubber match of a three-game set at PNC
Park.
Hamilton, ON (Sportsbook Betting Lines) - Kerry Joseph threw for 227 yards and three touchdowns, as the Toronto Argonauts got the CFL season started with a 30-17 win over the Hamilton Tiger-Cats in a battle of 2008 also-rans. Joseph completed 1
Rasmus hits HR on second chance as Cards beat Giants in 10 innings >>
St. Louis, MO (Sportsbook Betting Lines) - Pablo Sandoval dropped Colby Rasmus' foul pop
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2-1, at
Blalock's HR in ninth lifts Rangers over Angels >>
Arlington, TX (Sportsbook Betting Lines) - Hank Blalock went 3-for-5 with a pair of home
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Rangers past the Angels, 9-7, in the rubber match of a three-game series.
After th
Wild land Havlat >>
St. Paul, MN (Sportsbook Betting Lines) - On the same day they lost forward Marian
Gaborik to free agency, the Minnesota Wild made a big splash by coming to
terms with right wing Martin Havlat on a six-year contract.
The Minneapolis Star-T
Moehler, Astros dominate Padres >>
San Diego, CA (Sportsbook Betting Lines) - Veteran Brian Moehler, largely ineffective so
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Diego,
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.”
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