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03/12/2010 - Conway, AR (Sportsbook Betting Lines) - The University of Central Arkansas has named former college and NBA standout Corliss Williamson as its next men's head basketball coach.
Williamson, who enjoyed a fruitful 12-year NBA career, played his college ball at Arkansas where he was an All-American forward. He spent the last three years as head coach of the men's team at Arkansas Baptist College in Little Rock.
"Coach Williamson made it clear from the beginning of this process that he wanted to be the head basketball coach at UCA," said UCA director of athletics Dr. Brad Teague. "Coach Williamson laid out a plan for UCA basketball with goals which align with our program and institutional goals. He made sure to absorb basketball knowledge from all the greats of the game in which he has been aligned."
Williamson takes over a program that was in the final year of a four-year transition to full NCAA Division I status. The Bears' ended their 2009-10 campaign with an overall record of 9-21, including a 3-13 mark in Southland Conference play. It led to Rand Chappell's ouster as head coach earlier this month with three years remaining on his contract.
Williamson is one of a handful of players to have won both an NCAA and NBA championship, having done so with Arkansas in 1994 and with the Detroit Pistons 10 years later. The two-time SEC Player of the Year was also named Most Outstanding Player of the 1994 NCAA Final Four.
<< Tennessee moves on in SEC Tournament
Nashville, TN (Sportsbook Betting Lines) - J.P. Prince scored 17 points and Wayne Chism
added 16 and 15 rebounds, as No. 15 Tennessee dismissed the Ole Miss Rebels in
the quarterfinals of the SEC Tournament with a 76-65 victory.
Cameron Tatum had fou
<< Els moves ahead at rainy CA Championship
Miami, FL (Sportsbook Betting Lines) - Ernie Els fired a six-under 66 on Friday to move
in front after the second round of the WGC-CA Championship at a rainy TPC Blue
Monster at Doral.
Els, a three-time major winner, finished 36 holes at 10-under 1
<< Auburn dismisses Lebo
Auburn, AL (Sportsbook Betting Lines) - Auburn University has dismissed its head men's
basketball coach.
The school announced on Friday that Jeff Lebo, who has helmed the program for
the last six seasons, will no longer be behind the Tigers' bench.
<< Masoli, Embry the latest Ducks to enter guilty plea
Eugene, OR (Sportsbook Betting Lines) - On Friday, the same day teammate LaMichael James
was sentenced on a misdemeanor harassment charge, Oregon quarterback Jeremiah
Masoli and wide receiver Garrett Embry pled guilty to charges of burglary.
Masoli
Redskins bring in RB Johnson >>
Ashburn, VA (Sportsbook Betting Lines) - The Washington Redskins signed running back
Larry Johnson on Friday.
Terms of the deal were not announced, but a report in the Washington Post says
the contract is for three years and a total of $12 million
Blake advances at BNP Paribas Open >>
Indian Wells, CA (Sportsbook Betting Lines) - Former top-five American James Blake was
an easy first-round winner Friday at the $4.5 million BNP Paribas Open, an ATP
World Tour Masters event.
Blake cruised past Spaniard Daniel Gimeno-Traver 6-3, 6-2
Chiefs sign veteran center Wiegmann >>
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs have signed
veteran center Casey Wiegmann.
The 14-year pro spent the last two seasons with Denver and started in all 32
regular season games. He has gone the last eight
Schalke edges Stuttgart to grab first >>
Gelsenkirchen, Germany (Sportsbook Betting Lines) - Kevin Kuranyi scored his 14th goal
of the season to lead Schalke to a 2-1 win over Stuttgart on Friday and into
first place in Germany's Bundesliga.
Schalke moved one point ahead of Bayern Munich
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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