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07/21/2010 - (Sportsbook Betting Lines) - Two pitchers rumored to be on the trading block get together this afternoon in the Windy City, where Ted Lilly and the host Chicago Cubs take on Brett Myers and the Houston Astros at Wrigley Field in the finale of a three-game set.
Lilly is 0-2 with an 8.83 earned run average in his last three starts, but pitched well enough for the win his last time out in a 4-3 victory over Philadelphia last Thursday. He struck out 10 batters, allowed three runs and issued only one walk in six innings to remain at 3-8 in 16 starts to go along with a 4.07 ERA.
The veteran left-hander, who is just 2-4 in nine home starts, has enjoyed success against rival Houston in his career. Lilly is 7-1 with a 2.49 earned run average in 10 starts against the Astros.
Myers will try to push his winning streak to three straight starts when he takes the mound Wednesday. Myers hurled eight innings of one-run ball in a 4-1 win versus St. Louis on July 10, then held Pittsburgh to a pair of runs over 7 2/3 frames of his team's 5-2 victory last Thursday from PNC Park.
The right-hander, who is 7-6 in 19 starts with a 3.35 ERA, hasn't pitched so well on the road in his first season with Houston, going 2-6 in 10 starts away from Minute Maid Park. Myers beat Chicago in a 6-3 decision back on June 6 at home, as he fired 6 2/3 innings of two-run ball.
He is 8-3 with a 2.63 ERA in 14 career games (10 starts) against the Cubs.
Trying to slow down Cubs third baseman Aramis Ramirez may be tough since the slugger is coming off a three-homer game in last night's 14-7 blasting of the Astros. Ramirez, who racked up seven RBI in the lopsided win, owns seven home runs and 24 RBI this month, and has hit safely in 16 of his last 20 games.
Ramirez must have been motivated by the announcement that manager Lou Piniella will step down at season's end. Geovany Soto got into the act with a home run as well, while Starlin Castro posted three hits and Derrek Lee went 2-for-4 with three RBI and three runs scored.
"Watching from the bullpen and seeing the way Ramy's been swinging the bat, going all the way back to Arizona [series July 5-7], he's been seeing the ball well and he picked us up tonight," Cubs reliever Andrew Cashner said. "As soon as I got up, I thought I'd be going in and I just tried to keep it close."
Cashner tossed two innings of scoreless relief to pick up his first win in the majors and starter Ryan Dempster gave up seven runs -- four earned -- on eight hits in five innings of work for the no-decision.
The Cubs are 4-2 on their 10-game homestand and will also host St. Louis for three games at Wrigley Field. Piniella, meanwhile, is in his fourth season as Cubs manager. He guided the club to a winning record in each of his first three years, but the team is just 43-52. Piniella is the first Cubs manager in more than 70 years to post a record of .500 or better in each of his first three seasons with the team. He led the Cubs to NL Central titles in 2007 and 2008, but the team was swept in the Division Series both years.
Chicago has not won a World Series since 1908 and hasn't reached the Fall Classic since 1945.
Houston has lost three of four games and had a rough night on the mound. Starter Wesley Wright made his first career start and surrendered six runs, one of which was earned, and six hits in 4 2/3 innings in the no-decision. Brandon Lyon suffered the loss for permitting two runs in the eighth and Gary Majewski was reached for five runs in the ninth.
"I wish I could have executed a little bit better in that fifth inning and gave our team a chance to get over it and move forward, but I didn't," Wright said. "I wish I would have made a different pitch to Ramirez. I showed him the curveball a lot, and he got it up in the air and it just kept carrying."
Chris Johnson homered and finished with two RBI for the Astros, who scored four runs in the second inning and took a 6-0 lead in the fourth. Carlos Lee had two hits and an RBI in a losing outcome.
Houston has won five of eight matchups with Chicago this season, one year after the Cubs took 11 of the 17 matchups between the two clubs.
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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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