Cubs avoid arbitration with Garza
Baseball Betting Lines
02/03/2012 -
Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs avoided arbitration with Matt
Garza on Friday, signing the starter to a one-year contract.
Financial terms were not disclosed, but the Chicago Tribune reported the
settlement to be for $9.5 million. Garza had requested $12.5 million, while
the Cubs had offered $7.95 million.
The 28-year-old righty posted a 10-10 record with a career-best 3.32 earned
run average in 31 starts for the Cubs in 2011. His 197 strikeouts were a team
high.
Garza has compiled a 52-54 record with a 3.83 ERA in 152 games, including 149
starts, during his six-year major league career.
The former first-round draft pick (25th overall) by the Twins played two major
league seasons with Minnesota and three with Tampa Bay before joining the Cubs
in an eight-player trade in January 2011. In two postseasons with the Rays,
2008 and 2010, Garza was 2-1 with a 3.48 ERA.
<< Three-year-olds take spotlight at Tampa Bay
Oldsmar, FL (Sportsbook Betting Lines) - Tampa Bay Downs on Saturday gets solidly onto
the Kentucky Derby trail with the running of the $250,000 Sam F. Davis Stakes.
The 32nd edition of the 1 1/16-mile race has attracted a field of 11 three-
year-ol
<< Italians set to face Ukraine in Fed Cup QFs
Biella, Italy (Sportsbook Betting Lines) - Italy, which has won three of the last six
Fed Cup titles, will host Ukraine this weekend in a best-of-five World Group
quarterfinal.
First up on Saturday in Biella, Italian Sara Errani will face
<< Jankovic will open for Serbs against Belgium
Charleroi, Belgium (Sportsbook Betting Lines) - The 2012 Fed Cup quarterfinal between
Serbia and host Belgium will get underway Saturday with a singles match
between the visitors' former world No. 1 star Jelena Jankovic and Kirsten
Flipken
<< Kvitova ready for Fed Cup action against Germany
Stuttgart, Germany (Sportsbook Betting Lines) - Petra Kvitova will play in Saturday's
second opening singles rubber in the Fed Cup quarterfinal between her reigning
champion Czech Republic team and a host German squad.
Saturday's first singles bo
<< Irsay: Manning not yet cleared by Colts
Indianapolis, IN (Sportsbook Betting Lines) - Indianapolis Colts owner Jim Irsay said
early Friday morning that quarterback Peyton Manning has not yet been cleared
to play by the team.
Reports on Thursday indicated that Manning has been cleared by
U.S. men to face Canada in June friendly >>
Chicago, IL (Sportsbook Betting Lines) - The U.S. men's national team will be renewing
its rivalry with Canada on June 3 when the two sides meet up at BMO Field in
Toronto for a friendly.
The game will be part of the Centenary celebrations fo
Wizards visit ACC to take on Raptors >>
(Sportsbook Betting Lines) - The Toronto Raptors try to avoid a third straight loss
this evening when they welcome the woeful Washington Wizards north of the
border to the Air Canada Centre.
With star forward Andrea Bargnani sidelined with a calf inj
Nuggets entertain Lakers at Pepsi Center >>
(Sportsbook Betting Lines) - The Denver Nuggets shoot for a two-day sweep of Los Angeles
when they welcome a Lakers team that has struggled on the road this season to
the Rocky Mountains.
The Nuggets were in the City of Angels on Thursday and summari
Jennings, Bucks visit lowly Pistons >>
(Sportsbook Betting Lines) - Fear the deer.
Opposing teams are beginning to build some trepidation for Milwaukee Bucks
point guard Brandon Jennings too. Jennings and the resurgent Bucks will hit
the road tonight to take on the lowly Detroit Pistons an
Nets entertain improved Wolves >>
(Sportsbook Betting Lines) - Improved play on the road has kept the Minnesota
Timberwolves respectable this season and they'll try for a third straight
victory as the guest tonight against the New Jersey Nets.
Minnesota is 5-4 away from the Twin Citie
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Who Makes the Sportsbook Betting Lines?
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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’).
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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.
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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.
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.”
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Bonds nearly hits HR 751, SF wins
4 and drove in
a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat
1, in the middle contest of three at AT&T Park.
6) allowed five hits and one run over 6 2/3 innings, fanning
eight and walking three.
game slide.
Bonds, who came within five homers of Hank Aaron's record on Friday, went
1 with three walks, an RBI double and scored twice. The double ...
read more
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