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07/04/2009 - Portland, OR (Sportsbook Betting Lines) - Sharp-shooting forward Hedo Turkoglu appeared headed to the Portland Trail Blazers on Friday afternoon, but by nightfall those talks apparently broke off.
In the latest turn of events, TNT basketball analyst David Aldridge reported late Friday night that Turkoglu has verbally committed to a five-year, $60 million contract with the Toronto Raptors, citing league sources.
According to the report, Toronto renounced its rights to forward Shawn Marion and guards Anthony Parker and Carlos Delfino, freeing up enough salary cap space to add the Turkish star.
The Oregonian newspaper originally reported Turkoglu agreed to a five-year, $50 million contract with Portland, but later in the day indicated he had rejected such an offer.
The 30-year-old Turkoglu, a first-round draft pick of Sacramento in 2000, had spent the previous five years with the Magic and averaged 16.8 points, 5.3 rebounds and 4.9 assists over 77 games last season. He helped the Magic into the NBA Finals, but last week opted out of the final season of his deal that would have paid him $7.3 million.
Not only that, but the Magic already made a big move to replace Turkoglu by working out a trade with New Jersey for Vince Carter on draft night.
The 6-foot-10 Turkoglu spent his first three seasons with the Kings before joining the San Antonio Spurs for one seasons. For his career, he's averaging 12.3 points and 4.2 rebounds and is a career 38.5 percent shooter from three- point range.
<< Sadowski, Giants' offense destroy Astros
San Francisco, CA (Sportsbook Betting Lines) - Ryan Sadowski got plenty of run support
while throwing seven scoreless innings, as the Giants erupted offensively in a
13-0 whipping of the Astros.
Sadowski (2-0), who made his major league debut Sunda
<< Kings acquire F Smyth in multi-player deal
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Kings boosted their offense
on Friday, acquiring All-Star forward Ryan Smyth from the Colorado Avalanche
in a three-player deal.
Smyth, 33, tied for the Avalanche lead in points last seas
<< Report: NHL to investigate Blackhawks' qualifying offers
Toronto, ON (Sportsbook Betting Lines) - The Chicago Blackhawks are reportedly under
investigation by the NHL for failing to tender qualifying offers to several
restricted free agents by the league's set deadline.
According to TSN Canada, th
<< Late miscue forces 'Quakes to share points with RSL
Sandy, UT (Sportsbook Betting Lines) - The San Jose Earthquakes and Real Salt Lake
battled to a 1-1 draw in Major League Soccer action at Rio Tinto Stadium on
Friday night.
Arturo Alvarez scored the game's first goal for San Jose before a Chr
Huff leads O's past Angels >>
Anaheim, CA (Sportsbook Betting Lines) - Aubrey Huff went 2-for-4 with a three-run home
run, as the Baltimore Orioles hung on to edge the Los Angeles Angels of
Anaheim, 6-4, in the second test of a four-game series.
Luke Scott stroked a two-ru
Raburn, Tigers use three-run 16th to edge Twins >>
Minneapolis, MN (Sportsbook Betting Lines) - Ryan Raburn's RBI single in the 16th
proved to be the game-winner as the Detroit Tigers took an 11-9 win over the
Minnesota Twins in a 16-inning contest to open a three-get set at the
Metrodo
Twins place Slowey on DL; recall Swarzak >>
Minneapolis, MN (Sportsbook Betting Lines) - Following the Twins' 16-inning 11-9 loss to
the Tigers, Minnesota placed pitcher Kevin Slowey on the 15-day disabled list
with a strained right wrist.
Slowey started on the mound for the Twins Friday bu
Giants option INF Downs; activate INF Aurilia >>
San Francisco, CA (Sportsbook Betting Lines) - Following the Giants' 13-0 win over the
Astros, the team optioned infielder Matt Downs to Triple-A Fresno to make room
for infielder Rich Aurilia, who was activated from the bereavement list.
The 25-ye
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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