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07/12/2010 - Chicago, IL (Sportsbook Betting Lines) - The Blackhawks on Monday re-signed assistant coach Mike Haviland and named Mike Kitchen an assistant coach.
"Adding Mike Kitchen and bringing back Mike Haviland bolster what is already a tremendous coaching staff under (head coach Joel Quenneville's) guidance," said Blackhawks general manager Stan Bowman. "Mike Kitchen and Joel have a great track record of working together and Mike Haviland has had a major impact on our organization's success based on his work over the last five years."
Haviland, 43, has served as an assistant coach for the Blackhawks the past two years following a three-year stint as head coach of the club's American Hockey League affiliate in Norfolk (2005-07) and Rockford (2007-08).
The 54-year-old Kitchen joins the Stanley Cup champions after spending the previous three seasons as an assistant with the Florida Panthers. Kitchen also was an assistant under Quenneville in St. Louis from 1998-2004 before replacing the latter as head coach in February 2004.
<< American League mid-term grades
Philadelphia, PA (Sportsbook Betting Lines) - There have been plenty of storylines to
keep us busy during the first half of the American League schedule, and a
number of surprising ones at that.
From the travels of Cliff Lee to the exploits of Robinso
<< 139th British Open Championship Preview
Philadelphia, PA (Sportsbook Betting Lines) - Golf's most historic championship heads to
its most historic venue for the 139th playing of the British Open
Championship.
The championship is celebrating its 150th anniversary -- it was no
<< Pacers reach agreement with Indianapolis
Indianapolis, IN (Sportsbook Betting Lines) - The Indiana Pacers and the city of
Indianapolis have reportedly reached an agreement that will keep the team in
Conseco Fieldhouse for at least three more seasons.
According to the Indianapolis
<< NL Rookie Pitcher Gets All-Star Snub
New York, NY (Sportsbook Betting Lines) - For those of you still wrapped up in Strasburg-
mania, I have to regretfully inform you that he's not the pitcher referred to
in the above headline. As impressive as the Nationals' rookie has been, and as
much as
Jimenez, Price named starters for All-Star Game >>
Anaheim, CA (Sportsbook Betting Lines) - Colorado Rockies right-hander Ubaldo Jimenez
and Tampa Bay Rays lefty David Price have been selected as the starting
pitchers for the 2010 All-Star Game at Angel Stadium.
National League manager Cha
Creamer up to No. 7 in world rankings >>
Philadelphia, PA (Sportsbook Betting Lines) - Paula Creamer finally earned her first
major championship on Sunday at the U.S. Women's Open and the victory moved
her back into the top 10 of the world rankings.
Creamer vaulted up six places to se
Young replaces Beltre on AL All-Star team >>
Anaheim, CA (Sportsbook Betting Lines) - Texas Rangers third baseman Michael Young
became the latest injury replacement for the All-Star Game, named Monday to
take the spot of Boston's Adrian Beltre on the American League roster.
American Le
Two horse race continues in NTRA Poll >>
New York, NY (Sportsbook Betting Lines) - Following a one week break from voting in the
NTRA National Poll, the same two horses remain on top of the tabulation.
Champion mare Zenyatta holds a narrow lead over four-year-old colt Quality
Road.
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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