Sturridge secures Chelsea switch

Soccer Betting Lines

07/03/2009 - London, England (Sportsbook Betting Lines) - Highly-rated Manchester City striker Daniel Sturridge has completed his transfer to FA Cup winners Chelsea.

The 19-year-old, who has penned a four-year contract at Stamford Bridge, will join up the rest of the Blues' first-team squad for preseason training next week.

He made his Premier League debut for City in February 2007 when he came on as a substitute in the 2-0 home defeat to Reading.

Sturridge has scored six goals in 12 starts and 20 substitute appearances for Mark Hughes' side, the last being the 4-2 win against West Bromwich in April.

However, Sturridge angered Hughes earlier this year when he demanded a massive price raise to put him in line with some of the club's higher earners.

After the teenager had rejected the offer of a new Eastlands contract in May, Hughes had said: "We put in another offer but that was declined so we won't be going back.

"We've not got much headroom to negotiate and I'm disappointed."

Sturridge had been at City since 2003 and represented England at the Under-17, 19 and 20 levels.

(Courtesy of sportbox.tv)

Footballventure Soccer Betting News

<< Owen agrees to join United
Manchester, England (Sportsbook Betting Lines) - Michael Owen is determined to repay the faith Sir Alex Ferguson has shown in him after penning a two-year contract with Manchester United. The 29-year-old moves to Old Trafford on a free transfer

<< NL Central: Astros creating a buzz
(Sportsbook Betting Lines) - The Houston Astros were one of the National League's premier teams during the early part of this decade, capturing four division titles during a five-year span from 1997-2001. A driving force behind that impressive run was an

<< Gibbs commits future to Arsenal
London, England (Sportsbook Betting Lines) - Arsenal's England Under-21 international Kieran Gibbs has pledged his long-term future to the club by putting pen to paper on a new contract. The 19-year-old made his debut for the Gunners almost two

<< Bayern remains hopeful over Bosingwa
Munich, Germany (Sportsbook Betting Lines) - Bayern Munich remains hopeful of being able to sign Jose Bosingwa from Chelsea. The German giants revealed their interest in the Portugal right-back last month and chairman Karl-Heinz Rummenigge stil

<< O's Reimold selected as AL's top rookie for June
New York, NY (Sportsbook Betting Lines) - Baltimore Orioles outfielder Nolan Reimold has been selected as the American League Rookie of the Month for June. The 25-year-old hit .320 for the month, leading all Junior Circuit rookies with

New York hopes to snap losing skid at Dallas >>
Frisco, TX (Sportsbook Betting Lines) - Red Bull New York ends a tough seven-match streak Saturday night at FC Dallas, hoping to snap a nine-game winless skid and a road losing stretch that dates back to last season. New York (2-12-4) contests its six

Reds activate 3B Encarnacion from DL >>
Cincinnati, OH (Sportsbook Betting Lines) - Cincinnati third baseman Edwin Encarnacion was activated from the 60-day disabled list prior to Friday's game against the St. Louis Cardinals. Encarnacion had been on the DL since late April due to a chip

Turkoglu to join Blazers >>
Portland, OR (Sportsbook Betting Lines) - Sharp-shooting forward Hedo Turkoglu is leaving Orlando for the Great Northwest, reportedly coming to terms on a five- year, $50 million contract with the Portland Trail Blazers. The Oregonian newspap

Cano, A-Rod homer as Yankees top Toronto >>
Bronx, NY (Sportsbook Betting Lines) - Robinson Cano and Alex Rodriguez each homered as the New York Yankees doubled up Toronto, 4-2, in the opener of a four-game set. Mark Teixeira added a hit and an RBI for the Yankees, who have won eight of

D.C., Columbus clash for top spot in East >>
Columbus, OH (Sportsbook Betting Lines) - D.C. United coach Tom Soehn was excited to have last weekend off in MLS and thinks the Eastern Conference leaders are refreshed for Saturday's trip to the Columbus Crew, even though they continued defense of thei

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.”

To visit this internet sportsbook got to MySportsbook.com for all your sports betting needs and World Series odds.