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08/06/2010 - Oklahoma City, OK (Sportsbook Betting Lines) - The Oklahoma City Thunder have signed first-round pick Cole Aldrich.
The 11th overall pick of this year's draft out of Kansas, Aldrich, the two- time Big 12 Defensive Player of the Year, averaged 11.3 points, 9.8 rebounds and 3.5 blocks in his junior year for the Jayhawks in 36 games.
Aldrich, who was traded from New Orleans to Oklahoma City on draft night, is expected to provide an inside presence for the Thunder as the club attempts to rise through the ranks of the Western Conference. The team finished 50-32 last season and earned the eighth seed in the playoffs before bowing out to the eventual champion Lakers in the first round.
<< Envy places The Big Journeyman in Boston
Philadelphia, PA (Sportsbook Betting Lines) - I must admit that I chuckled more than a
little bit when I saw some Boston-area writers proclaim that The Big Three in
Beantown is now an oversized Big Four after Shaquille O'Neal agreed to terms
with the Cel
<< Allmendinger extends contract with RPM
Watkins Glen, NY (Sportsbook Betting Lines) - A.J. Allmendinger has signed a multi-year
contract extension with Richard Petty Motorsports to remain as driver of the
No. 43 Ford in the Sprint Cup Series.
Allmendinger and RPM made the announc
<< Delpo eyeing return?
Philadelphia, PA (Sportsbook Betting Lines) - Earlier this week, 2009 U.S. Open champ
Juan Martin del Potro was spotted back on a tennis court with a racquet in his
hand.
That's very good news for the sport, especially if you're interested in seeing
<< Bills and Spiller agree to terms
Buffalo, NY (Sportsbook Betting Lines) - The Buffalo Bills and first-round pick C.J.
Spiller have reportedly agreed to terms, ending the running back's training
camp holdout.
According to the Buffalo News, it is a five-year deal for the Clemso
United acquires defender Zayner from Columbus >>
Washington, D.C. (Sportsbook Betting Lines) - D.C. United acquired defender Jed Zayner
and a fourth-round pick in the 2011 draft from the Columbus Crew for a
second-round pick in the 2012 draft, the Major League Soccer clubs announced on
Friday
Fire trade defender Ward to San Jose >>
San Jose, CA (Sportsbook Betting Lines) - The San Jose Earthquakes acquired defender Tim
Ward from the Chicago Fire in exchange for a conditional pick in the 2011
draft, the Major league Soccer club's announced on Friday.
"Tim is someone we thin
Jazic hopes to lead Chivas past TFC >>
Toronto, ON (Sportsbook Betting Lines) - Chivas USA travels north of the border to visit
Toronto FC on Saturday with the hope that the club can extend its unbeaten
streak to five games.
The Goats put together one of their best efforts of the sea
Olsen makes coaching debut for D.C. against Revs >>
Foxborough, MA (Sportsbook Betting Lines) - Ben Olsen makes his coaching debut Saturday
night for D.C. United, which fired coach Curt Onalfo earlier this week after a
3-12-3 start in his first season in charge.
Olsen retired following a 12-year caree
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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The MySportsbook.com March Madness contest is simple just Sign-up for the March Madness bracket contest and come back after Selection Sunday to submit your March Madness picks. Then place $20.00 in wagers during each round of the March Madness tournament. Even if your bracket is not perfect you could potentially still win $10,000.00.
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