11/18/2008 - Seattle, WA (Sportsbook Betting Lines) - New Mariners general manager Jack Zduriencik has reportedly settled on a new manager, and he has apparently raided the coaching staff of a division rival in the process.
The Seattle Times reported Tuesday night that Zduriencik has picked Don Wakamatsu to be Seattle's next manager, and the announcement will be made on Wednesday. Wakamatsu, 45, just completed his first season as bench coach for the Oakland Athletics after spending five seasons on the coaching staff of the Texas Rangers.
Zduriencik tabbed Wakamatsu out of a group of seven candidates -- White Sox third base coach Joey Cora, Red Sox bench coach Brad Mills, Diamondbacks third base coach Chip Hale, Triple-A Portland manager Randy Ready, Red Sox third base coach DeMarlo Hale and Cardinals third base coach Jose Oquendo -- none of whom had major league managerial experience.
A former catcher, Wakamatsu's playing career spanned 12 seasons with seven organizations. His only stint in the majors came in 1991, when he played in 18 games with the Chicago White Sox, batting .226 with no homers or runs batted in.
Born in Hood River, Oregon, Wakamatsu grew up in Hayward, California, and played collegiately at Arizona State before the Cincinnati Reds selected him in the 11th round of the 1985 amateur draft.
Prior to joining the Rangers coaching staff, Wakamatsu spent three years in the Angels organization, managing in the Arizona League, and for Single-A High Desert, Double-A Erie, and Double-A El Paso. He compiled a managerial record of 215-248.
Wakamatsu will take over for interim manager Jim Riggleman, who had been the bench coach when manager John McLaren was fired in June, after less than a year at the helm. McLaren was shown the door after the Mariners, a team expected to contend in the AL West, started the season 25-47. Seattle finished the campaign 61-101, the worst record in the AL.
McLaren's dismissal came three days after upper management fired general manager Bill Bavasi. The Mariners hired former Brewers executive Zduriencik as their new GM in October.
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Purdue crushes Loyola-Chicago >>
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Mackey
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Nowitzki, Dallas cruise past Bobcats >>
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Josh Howard scored 21 point
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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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