Hughes named manager at Fulham
Soccer Betting Lines
07/29/2010 - London, England (Sportsbook Betting Lines) - Fulham named Mark Hughes its new manager on Thursday and signed him to a two-year contract.
The former Wales, Blackburn and Manchester City manager replaces Roy Hodgson, who left to join Arsenal this offseason. Fulham finished 12th last season and seventh the previous year.
"We have enjoyed two incredibly successful years, and my hopes and dreams for this club are for that journey to continue," Fulham chairman Mohamed Al Fayed told the club's website. "I am confident that with his Premier League and national team successes, Mark will be a great guy for the job."
Hughes enjoyed a long playing career for Wales and Manchester United. He also played for Barcelona, Bayern Munich and Chelsea, among others. He last coached Manchester City from 2008-09.
"I am joining on the back of two of the most successful seasons in the club's history, and that in itself brings with it the challenges of expectation and ambition," Hughes said. "I am confident that with some additions to the squad, hard work and commitment, we can move this club forward."
Hughes will coach his first EPL match at Fulham against Bolton on the opening day of the season Aug. 14.
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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.
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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’).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
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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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Why Sports Betting Lines Change
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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.
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