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08/25/2010 - Morehead, KY (Sportsbook Betting Lines) - Morehead State University announced on Wednesday its men's basketball program has been placed on probation for two years due to major violations in recruiting.
The violation, which is related to booster activity, also garners a loss in one scholarship and reductions in recruiting days the next two years, official visits and number of phone calls to prospective student-athletes.
"We are very disappointed that we had NCAA violations in our men's basketball program, and I have expressed that to Coach [Donnie] Tyndall who has accepted full responsibility," said MSU president Wayne D. Andrews. "We cooperated fully with the NCAA throughout the investigation. We learned much and identified system and process opportunities for improvement. We have begun to implement changes in our compliance programs that will enable us to move forward with confidence and avoid incidents of this type in the future."
The Eagles finished 24-11 last season and lost to Boston University in the quarterfinals of the College Basketball Invitational.
<< Wozniacki, Dementieva land in New Haven quarters
New Haven, CT (Sportsbook Betting Lines) - Top-seeded Caroline Wozniacki and former U.S.
Open runner-up Elena Dementieva were each second-round winners Wednesday at
the $600,000 Pilot Pen Tennis event, a final hardcourt U.S. Open tune-up.
Denmark's
<< Langley, An win in first-round match play at U.S. Amateur
University Place, WA (Sportsbook Betting Lines) - Defending champion Byeong-Hun An and
current NCAA champion Scott Langley were both winners in first round match
play at the U.S. Amateur.
Langely, the low amateur at the U.S. Open, defeated Tim J
<< Nats' Willingham has season-ending knee surgery
Washington, DC (Sportsbook Betting Lines) - Washington Nationals outfielder Josh
Willingham had successful knee surgery on Wednesday, which will effectively
end his 2010 season.
Willingham, who is expected to be ready for spring training,
<< Happ beats Halladay as Astros edge struggling Phillies
Philadelphia, PA (Sportsbook Betting Lines) - Humberto Quintero's RBI single in the
seventh inning helped J.A. Happ upend his former teammates, as Houston took
another slim 3-2 victory over Philadelphia at Citizens Bank Park.
Happ (4-2), who w
Phillips suffers bruised right hand >>
San Francisco, CA (Sportsbook Betting Lines) - Cincinnati Reds second baseman
Brandon Phillips left Wednesday's game against the Giants in the sixth
inning after getting hit by a pitch in the previous frame.
Santiago Casilla had j
Report: Nuggets to name Ujiri GM >>
Denver, CO (Sportsbook Betting Lines) - The Denver Nuggets are reportedly ready to name
former team scout Masai Ujiri as the new general manager.
According to The Denver Post, Ujiri, 39, was working with the team late
Wednesday to finalize con
Dodgers hold on to beat Brewers >>
Milwaukee, WI (Sportsbook Betting Lines) - James Loney drove in two runs and the Los
Angeles Dodgers took a 5-4 win over the Milwaukee Brewers in the second of a
three-game series.
Andre Ethier hit a solo home run while Matt Kemp drove in one fo
Blake exits, Baghdatis advances at Pilot Pen >>
New Haven, CT (Sportsbook Betting Lines) - Two-time champion James Blake was a
second-round loser, while top-seeded Marcos Baghdatis was a third-round winner
Wednesday at the $750,000 Pilot Pen Tennis event, a final hardcourt U.S.
Open tu
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. “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).
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.
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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