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07/12/2010 - Vancouver, BC (Sportsbook Betting Lines) - The Vancouver Canucks on Monday announced the signing of defenseman Shane O'Brien.
O'Brien, 26, had two goals and six assists with a plus-15 rating in 65 games for the Canucks last season. He has eight goals and 47 helpers over 299 career contests with Anaheim, Tampa Bay and Vancouver.
The Canucks also signed forwards Tanner Glass and Alexandre Bolduc and goaltender Tyler Weiman.
<< AL Notebook: Cano finally starting to 'get it' with Yankees
(Sportsbook Betting Lines) - It wasn't long ago that there were some people inside the
New York Yankees organization who wanted to deal Robinson Cano.
Some felt he was too lazy in the field. Others didn't like his approach at the
plate. His harshest c
<< ESPN's Berman honored with Pete Rozelle Award
Canton, OH (Sportsbook Betting Lines) - ESPN host Chris Berman has been recognized as
the 2010 recipient of the Pro Football Hall of Fame's Pete Rozelle Radio-
Television Award.
The award recognizes long-time exceptional contributions t
<< Henry to New York exactly what MLS needs
(Sportsbook Betting Lines) - In one of the worst-kept secrets in soccer, French striker
Thierry Henry will be announced as Red Bull New York's second designated
player at a press conference on Thursday at Red Bull Arena in Harrison, N.J.
What
<< Three advance in Prague
Prague, Czech Republic (Sportsbook Betting Lines) - A trio of unseeded women, including
Slovenian Polona Hercog, posted first-round wins Monday at the $220,000 Prague
Open tennis event.
Hercog humbled German Tatjana Malek 6-4, 6-2 on the red clay at
The 'wow' factor in horse racing >>
Philadelphia, PA (Sportsbook Betting Lines) - This past Saturday had three stakes races
that were the equal of any last-second result in the more popular sports in
the world. The word 'wow' had to be shouted by anyone who watched the races as
they hap
Montana's Wilson to play after murder acquittal >>
Missoula, MT (Sportsbook Betting Lines) - Jimmy Wilson plans to rejoin the University of
Montana football team after the NCAA granted him another year of athletic
eligibility following his acquittal on murder charges.
Wilson was tried in Southern Cali
Blackhawks to match San Jose's offer sheet for D Hjalmarsson >>
Chicago, IL (Sportsbook Betting Lines) - Despite noted salary cap problems, the Chicago
Blackhawks announced Monday that the club will match San Jose's offer sheet
for restricted free agent defenseman Niklas Hjalmarsson.
The Sharks signed the 2
Canada well-represented at 2010 MLB All-Star Game >>
Toronto, Canada (Sportsbook Betting Lines) - The Toronto Blue Jays will send three of
their starting nine to the 81st MLB All-Star Game, after hitting a major-league
leading 136 home runs in the first half.
Toronto's All-Star representatives of Verno
Now, it's okay to call the league hypocritical when it releases injury reports, which players have told me only helps bettors. And it's okay to mutter something obscene when the league pretends gambling doesn't help drive TV ratings and fan interest and put money in owners' pockets. But when it supports other forms of gaming? Big Deal. The Bears should put an orange "C" on every deck of cards dealt at Harrah's in Joliet; the Eagles should slap their logo on roulette wheels at the Borgata in Atlantic City; the Dolphins should hold training camp at the El San Juan in Puerto Rico.
Seriously.
The NFL's problem, when it comes to the gambling world, isn't hypocrisy, it's worse: The bosses lack vision. That's why the league is picking unwinnable fights in Delaware and taking pot shots from critics after making smart sponsorship deals. Roger Goodell and his gang are acting and thinking locally rather than globally, which is rare for them, especially compared to their professional (and amateur) counterparts.
The NBA held its All Star game in Las Vegas and David Stern's kingdom didn't crumble (although the town did bring plenty of players to their knees.) I'd say it's 6 to 5 and pick 'em that Lebron will make a road swing through Sin City before his career is over.
Even the NCAA College Football Betting is more progressive on this issue than the NFL. Several years ago Rachel Newman Baker, college sports' gambling czar, opened a dialogue with Vegas bookmakers to learn about how they do business. She's visited Nevada sports books, studied their operations and listened to how they regulate action. Now she knows she can expect a call from bookmakers, who lose money when sports are fixed, if they think something sketchy is going on in NCAA games. She's not in favor of sports betting, but, as she once told me, "I know it's not going away, either."
The NFL can't seem to accept that. And until it can find peace with the idea, it'll get flack, even when it's right.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts MasterCard needs.
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.
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