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07/06/2010 - Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers have signed forward Luke Babbitt, the 16th overall pick in this year's NBA Draft.
Babbitt was selected by Minnesota, but was then traded on draft night, along with forward Ryan Gomes to the Blazers for swingman Martell Webster. Gomes was later waived by the Blazers.
The 21-year-old Babbitt averaged 21.9 points, 8.9 rebounds and 2.1 assists last season while earning WAC Player of the Year honors as a sophomore at the University of Nevada.
<< Nashville officially brings in Kostitsyn
Nashville, TN (Sportsbook Betting Lines) - The Nashville Predators officially locked
up restricted free-agent forward Sergei Kostitsyn on Tuesday.
The deal is worth $550,000 for the upcoming season.
Nashville acquired the embattled Kostitsyn
<< Phillies activate Happ, option him to minors
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies have
activated pitcher J.A. Happ from the 15-day disabled list and optioned him to
Triple-A Lehigh Valley.
Happ has been recovering from a strained left forearm and
<< Barca coach Guardiola set to sign extension
Barcelona, Spain (Sportsbook Betting Lines) - Barcelona President Sandro Rosell has
confirmed that he has agreed a new two-year verbal contract with coach Pep
Guardiola.
Guardiola, who has guided the Catalan club to back-to-back La Liga titl
<< Parma gets Bojinov from Manchester City
Parma, Italy (Sportsbook Betting Lines) - Manchester City has confirmed that Bulgaria
international Valeri Bojinov has joined Parma for an undisclosed transfer fee.
The Serie A side claimed earlier in the week that they had agreed a deal for
the
Blum to have surgery >>
Houston, TX (Sportsbook Betting Lines) - Houston Astros infielder Geoff Blum will
undergo arthroscopic surgery on his right elbow Wednesday morning.
The operation is scheduled to take place at the Texas Orthopedic Hospital and
will be perfor
Chicagoland kicks off the second-half of 2010 season >>
Joliet, IL (Sportsbook Betting Lines) - Series: NASCAR Sprint Cup. Date: Saturday, July
10. Race: LifeLock.com 400. Site: Chicagoland Speedway. Track: 1.5-mile oval.
Start time: 7:30 p.m. (et). Laps: 267. Miles: 400.5. 2009 winner: Mark Martin.
Televisio
Patrick not exactly feeling at home >>
Joliet, IL (Sportsbook Betting Lines) - Series: NASCAR Nationwide. Date: Friday, July 9.
Race: Dollar General 300. Site: Chicagoland Speedway. Track: 1.5-mile oval.
Start time: 8:00 p.m. (et). Laps: 100. Miles: 250. 2009 winner: Denny Hamlin.
Television:
Truck begin nine-week stretch at Iowa >>
Newton, IA (Sportsbook Betting Lines) - Series: NASCAR Camping World Truck. Date:
Sunday, July 11. Race: Lucas Oil 200. Site: Iowa Speedway. Track: .875-mile
oval. Start time: 2:00 p.m. (et). Laps: 200. Miles: 175. 2009 winner: Mike
Skinner. Television:
Recently I had an email debate with an angry reader who said I did not understand "the science of oddsmaking", as he called it.
He said I was wrong for suggesting oddsmakers care about who wins or loses games.
"Oddsmakers only care about splitting the betting public 50/50 on both sides of the line and keeping the commission (a.k.a. juice)," he wrote.
He might have been right about not understanding "the science of oddsmaking". After all, I'm not an oddsmaker. That said, I stick to my assertion that oddsmakers (a.k.a. sportbooks) often do care about who wins games.
Granted, as a general rule, sportsbooks try to balance their action so that they're not exposed to big losses. However, there are times when this is difficult to pull off, regardless of how much a line has moved. There are also times when that general rule is ignored and a book pursues risk.
Generally speaking, it's safe to say the books in Vegas are risk-adverse. Unlike in the past when the wise guys ruled the town, Vegas is now corporate and the goal of most casinos is to make as much money as possible with as little risk as possible.
Thus, Vegas sportsbooks try everything in their power to balance the action. They're satisfied simply collecting the juice. But these profits are small, especially compared to the take from other casino games, namely slot machines.
Because the profits at Vegas sportsbooks are so small, you could argue that many casinos operate sportsbooks simply as a novelty to keep the tourists happy.
With a growing aversion to risk, it should come as no surprise that Vegas bookmakers have been panicking this NFL season.
Despite huge pointspreads, a disproportionate percentage of bettors are still laying their money on favorites like the Eagles, Colts, Pats and Vikings rather than the dogs (a common trend for the largely recreational bettors that visit Vegas).
And much to the dismay of the books, those favorites are finding ways to cover the thick chalk. In fact, prior to Week 7, the four teams listed above are a combined 16-2-2 (88 percent) against the spread. (The tables turned dramatically in Week 7, but more on that later.)
The result has been an early-season beating for the books, and a bonanza for bettors.
While Vegas increasingly hates risk, it's no longer a major player in the sports betting world. Most of the betting action now takes place offshore where sportsbooks are not as obsessed about balance. In fact, some books encourage exposure to risk because the rewards can be so much bigger.
Consider MySportsbook.com. On its website, the book has odds pages which actually display the amount of action it's getting on games. In other words, you can see how much action the book is taking on both sides of a pointspread, moneyline or over/under.
One look at these numbers and it's obvious MySportsbook.com does not balance every game. In fact, far from it.
Take last weekend's matchup between St. Louis and Miami. By game time on Sunday, 83 percent of the betting action at MySportsbook.com was on the Rams; only 17 percent was on Miami.
What's interesting is that MySportsbook.com opened the pointspread with Miami at +6 1/2. By game time, the spread had lowered to +5.
That goes contrary to the balancing theory. If MySportsbook.com had wanted to balance the action, it would have given Miami more points; instead, it took away 1 1/2. World Series odds are now up as well.
MySportsbook.com exposed itself to even more to risk, and rolled the dice on the underdog Dolphins. Why? I contacted a representative with the book to find out. His answer was simple.
"The line moved early based on 'smart money' from sharp players," said Jeff Gilroy, a spokesperson for the book. "We also knew from early in the week that we would need Miami, therefore (we dropped) the spread to encourage Rams money.
"At the end of the day, we liked the home team."
So the conclusion is this: MySportsbook.com respected the sharp action, and gambled that the sharp bettors had a better take on the game than the recreational bettors, who were hammering the visiting Rams.
In the end, the gamble paid off. Miami, desperate for a win in front of its home fans, pounded the overrated Rams, who are terrible on the road and even worse on grass. Final score: 31-14 Fish.
MySportsbook.com was also heavily exposed on numerous favorites in Week 7, including Philadelphia, Seattle and Denver. All three failed to cover.
The fact that sportsbooks are exposed to risk on certain games is really nothing new. The fact, that Sportsbook.com is willing to show the public where it's exposed is intriguing.
Armed with this type of information, bettors can make more educated wagers. They can get an idea where the sharp money is going and conversely where the public money is headed.
MySportsbook.com is opening up its cashbox, letting bettors look inside and challenging them to take their best shot at grabbing the cash.
To visit this online football betting got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
New York, NY – October 3, 2007 – The dress rehearsal is over! The NHL preseason has ended and now that fans have had a glimpse of what is to come it is time to hit the book! Stanley Cup odds are live at MySportsbook.com, the world’s largest online sportsbook and casino.
The Ottawa Senators and Detroit Red Wings remain on top of the odds charts after an impressive start in the preseason. Betting lines opened for both teams at 6-1 in June. Since then the Sens have fallen to 7-1 and the Red Wings are now caught in a pack including the defending champion Carolina Hurricanes, the San Jose Sharks and the Anaheim Ducks, all at 10-1.
MySportsbook.com has also posted props on each team’s point total for the regular season. The Senators lead the charge at 108.5 followed by the Ducks at 106.5. Detroit will attempt a repeat for the prize as the Red Wings are deadlocked with the Predators at 104.5 a piece. The temporary loss of highly touted rookie Evgeni Malkin puts a lot of pressure on the stick of assistant captain Sidney Crosby - his lowly Pittsburgh Penguins are listed at 71.5.
Even if bettors are not brave enough to put their money on the underdog, an early bet on the favorites at sportsbook.com tends to produce bigger payouts than a mid-season wager. Placing a $1,000 bet last summer on the Detroit Red Wings or Ottawa Senators would have paid out to $8,000 and $10,000 respectively, opposed to a $2,500 or $3,000 payout at the beginning of the playoffs.
| Ottawa Senators Detroit Red Wings Carolina Hurricanes San Jose Sharks Anaheim Ducks Philadelphia Flyers Calgary Flames New Jersey Devils Buffalo Sabres Dallas Stars New York Rangers Nashville Predators Vancouver Canucks Colorado Avalanche Minnesota Wild Tampa Bay Lightning Boston Bruins Florida Panthers Montreal Canadiens Atlanta Thrashers Toronto Maple Leafs Edmonton Oilers Phoenix Coyotes Los Angeles Kings New York Islanders Columbus Blue Jackets St. Louis Blues Pittsburgh Penguins Washington Capitals Chicago Blackhawks |
7-1 10-1 10-1 10-1 10-1 12-1 12-1 12-1 12-1 15-1 15-1 15-1 20-1 20-1 25-1 25-1 30-1 30-1 30-1 30-1 30-1 30-1 40-1 40-1 50-1 50-1 80-1 80-1 100-1 100-1 |
NHL Regular Season Points - Team Must Play 82 Games
| Team Ottawa Senators Anaheim Ducks Detroit Red Wings Nashville Predators San Jose Sharks Calgary Flames Philadelphia Flyers New Jersey Devils Buffalo Sabres Carolina Hurricanes Dallas Stars New York Rangers Minnesota Wild Atlanta Thrashers Montreal Canadiens Team Los Angeles Kings Tampa Bay Lightening Vancouver Canucks Boston Bruins Colorado Avalanche Edmonton Oilers Phoenix Coyotes Toronto Maple Leafs Florida Panthers Columbus Blue Jackets New York Islanders Chicago Blackhawks St. Louis Blues Washington Capitals Pittsburgh Penguins |
Over/Under 108.5 106.5 104.5 104.5 103.5 101.5 100.5 99.5 97.5 97.5 97.5 95.5 94.5 93.5 92.5 Over/Under 91.5 91.5 91.5 89.5 89.5 88.5 88.5 86.5 84.5 82.5 80.5 72.5 72.5 72.5 71.5 |
To visit this online sportsbook got to MySportsbook.com for all your hockey sportsbook needs.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting