Blazers, Fernandez ready for divorce
Basketball Betting Lines
08/20/2010 -
Philadelphia, PA (Sportsbook Betting Lines) - Rudy Fernandez has more than enough
ability to play a major role on a top-tier NBA team.
I'm just not sure he wants to.
The disgruntled Trail Blazers swingman has been griping about his playing time
for Nate McMillan in the Pacific Northwest after he averaged 8.1 points, 2.6
rebounds and 2.0 assists last season, a year after bursting on the NBA scene
by setting an NBA rookie record with 159 3-pointers.
Fernandez's agent, Andy Miller, went public on Wednesday informing several
media outlets that the Spanish star wants to return to Europe and is willing
to sit out for the next two seasons, the time left on his Portland deal.
That's just posturing, of course, but it was enough to get the NBA's attention
and the league fined Fernandez $25,000 on Thursday for comments "detrimental"
to the league.
Detrimental may be a bit of a stretch, but rules are rules and the NBA strictly
prohibits players or their representation from publicly requesting a trade.
And make no mistake, that's what this is about. Fernandez, who is currently
playing for the Spanish national team as it prepares for the upcoming world
championships, wants out of Rip City and is trying to force the hand of rookie
general manager Rich Cho.
Cho, who seems a bit perturbed at Fernandez's constant complaining to a
sympathetic international press, has already admitted to looking at several
scenarios for moving the Spaniard, but has been mimicking MSNBC's Chris
Matthews and playing hardball.
Cho is well aware that this will be regarded as his first real test as
Portland's basketball chief, and doesn't want to take less back in order to rid
himself of a headache that is extremely popular with his fans thanks to the
energy he brings to the floor.
A divorce is still on the docket but Cho may steer Fernandez away from his
real preferred destination, New York.
The Knicks have reportedly offered athletic swingman Wilson Chandler for the
sharp-shooting Fernandez but Chandler isn't Rudy's equal on the court and was
recently arrested in May for marijuana possession during a traffic stop in
Queens, something that isn't going to sit well with an organization
desperately trying to rid itself of its former 'Jail Blazers' reputation.
Chicago may be the better option. The Bulls have already offered to absorb
Fernandez's $1.25 million salary for 2010-11 with cap space in exchange for a
future first-round pick. Cho is still holding out for Taj Gibson, a second-
year player with a big upside as a defender.
The only certainty in this breakup is that Fernandez is more concerned about
being the big fish in a small pond rather than the guppy swimming with the big
boys.
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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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