Colts name Telesco VP of football operations

Football Betting Lines

02/08/2012 - Indianapolis, IN (Sportsbook Betting Lines) - The Indianapolis Colts have promoted Tom Telesco to vice president of football operations.

Telesco, who spent 14 years in the personnel department, was promoted by new general manager Ryan Grigson. The announcement was made Wednesday.

With the Colts since 1998, Telesco spent the last six years as the team's director of player personnel.

Grigson called the promotion "well deserved" and said Telesco has a "bright football mind, conveys his points well and is highly respected in and around league circles."

Telesco was formerly a scouting assistant for the Carolina Panthers for two years, then an area scout.

Mysportsbiik Football Betting News

<< Yankees sign veteran INF Branyan
Bronx, NY (Sportsbook Betting Lines) - The New York Yankees signed veteran infielder Russell Branyan on Wednesday. The minor league deal includes an invitation to spring training. Branyan, 36, has played for 11 teams since appearing in his first

<< Sharapova, Goerges reach QFs in Paris
Paris, France (Sportsbook Betting Lines) - Top-seeded Russian Maria Sharapova and six- seed Julia Goerges of Germany were second-round winners Wednesday at the Open GDF Suez. Sharapova, who withdrew from this event last year due to illness, advanc

<< Air Force fires basketball coach Reynolds
Colorado Springs, CO (Sportsbook Betting Lines) - Air Force men's basketball coach Jeff Reynolds was fired Wednesday with the team in the midst of a six-game losing streak. Athletic director Dr. Hans Mueh made the announcement. Associate head co

<< Celtic topples Hearts to extend SPL lead
Edinburgh, Scotland (Sportsbook Betting Lines) - Celtic moved four points clear of second-place Rangers on Wednesday after securing a 4-0 win over Hearts at Tynecastle Stadium. The Hoops charged out to a three-goal lead in the first 30 min

<< Flames give D Smith two-year deal
Calgary, AB (Sportsbook Betting Lines) - The Calgary Flames signed defenseman Derek Smith to a two-year contract worth $1.55 million on Wednesday. "Derek came to training camp this year on a two-way contract and played his way into our startin

Heat G Chalmers inactive vs. Magic >>
Orlando, FL (Sportsbook Betting Lines) - Miami Heat guard Mario Chalmers was inactive for Wednesday night's game at Orlando because of a left hand sprain. The Heat said Chalmers, who has played all 25 games this season, was day-to- day with the i

Alouettes release Stewart, Desriveaux >>
Montreal, QC (Sportsbook Betting Lines) - The Montreal Alouettes released two long- time players Wednesday, cutting ties to defensive end Anwar Stewart and wide receiver Danny Desriveaux. "On behalf of the Montreal Alouettes, I would like to

St. John's G Stith leaves team >>
Queens, NY (Sportsbook Betting Lines) - Junior guard Malik Stith is leaving St. John's because of personal reasons, head coach Steve Lavin announced Wednesday. The university said Stith would remain a part of the St. John's program as a student-wo

Coastal Carolina to host five in Moglia's first season >>
Conway, SC (Sportsbook Betting Lines) - Coastal Carolina will open the Joe Moglia era by hosting North Carolina A&T and has four other home games as part of a 2012 football schedule announced on Wednesday. Moglia was hired in December as the secon

Astros and SS Lowrie agree to terms >>
Houston, TX (Sportsbook Betting Lines) - The Houston Astros and shortstop Jed Lowrie agreed to terms on a one-year contract Wednesday, avoiding arbitration. He was acquired from Boston in a trade in December that saw Houston also get pitcher Kyl

Chiefs' Treen Green out for Sunday's game

How long Trent Green will remain sidelined is unknown. Coach Herm Edwards said Monday he will miss a second straight start Sunday when the Chiefs host the San Francisco 49ers.

A two-time Pro Bowler, Green was going into a feet-first hook slide when he was knocked unconscious by a thunderous, head-snapping hit from Cincinnati's Robert Geathers.

Oddsmakers at online sportsbook MySportsbook.com currently have the Chiefs listed as 7-point favorites versus the 49ers.

The 49ers got beat by Philadelphia 38-24 as a 6.5-point underdog last week. The combined score went OVER the posted over/under total (42.5).

Alex Smith completed 27-of-46 passes for 293 yards with a touchdown. Michael Robinson rushed for 29 yards and a pair of touchdowns on five carries.

The Chiefs lost 9-6 to Denver last week as an 11-point underdog. The combined score was well UNDER the posted over/under total (38).

Larry Johnson rushed for 126 yards on 27 carries. Damon Huard completed 17-of-23 passes for 133 yards with no touchdowns and no interceptions.

To visit this online sports book got to MySportsbook.com for all your football betting needs.

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.