02/08/2010 - Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns have officially parted ways with troubled wide receiver Donte' Stallworth, terminating his contract Monday less than 24 hours after his season-long suspension was lifted.
NFL Commissioner Roger Goodell said in the days leading up to the Super Bowl that Stallworth would be reinstated following Sunday's marquee event; Stallworth sat out the 2009 season for violating the league's policies on substances of abuse and personal conduct.
Stallworth served 24 days of a 30-day jail sentence and received 10 years of probation as part of a plea agreement on a DUI manslaughter charge from March. He was initially suspended indefinitely by Goodell.
On March 14, Stallworth struck and killed a pedestrian with his vehicle in Miami. His blood-alcohol level was .126 -- above Florida's legal limit of .08 -- at the time of the accident.
Stallworth joined the Browns for the 2008 season as a free agent and caught a career-low 17 passes for 170 yards with a touchdown in just 11 games. He was hampered by a quadriceps injury for much of the season.
<< Carr re-signs with Fire
Bridgeview, IL (Sportsbook Betting Lines) - Calen Carr has re-signed with the Chicago
Fire for his fifth season in Major League Soccer.
In four seasons in Chicago, Carr has appeared in 68 games, including 15
starts, while tallying six goals
<< Blue Bombers sign RB Marc
Winnipeg, MB (Sportsbook Betting Lines) - The Winnipeg Blue Bombers announced Monday
that they have agreed to terms with running back Emmanuel Marc.
Marc participated in Winnipeg's training camp in 2009 and graduated from
Delaware State in
<< Rachel Alexandra staying loose in Big Easy
New Orleans, LA (Sportsbook Betting Lines) - Less than 12 hours after the New Orleans
Saints captured Super Bowl XLIV, the other champion residing in the Big Easy
took to the track for a jog.
Horse of the Year Rachel Alexandra took a jog aroun
<< Yankees add Thames to outfield mix
New York, NY (Sportsbook Betting Lines) - The New York Yankees have reportedly added
Marcus Thames with a one-year contract worth $900,000 if he makes the team.
SI.com and the New York Post reported the signing. Thames is expected to
compete
Raiders name Pendergast assistant coach >>
Alameda, CA (Sportsbook Betting Lines) - The Oakland Raiders hired Clancy Pendergast as
an assistant coach on Monday.
Pendergast's role was not made clear in the team's release on the hiring.
Pendergast was fired as the defensive coordinator in
Saints' Super Bowl victory most watched event in TV history >>
New Orleans, LA (Sportsbook Betting Lines) - Approximately 106.5 million people tuned in
to watch Drew Brees and the New Orleans Saints win Super Bowl XLIV over the
Indianapolis Colts, making it the most watched event in television history.
The ga
Devils D Salmela leaves game on stretcher >>
Philadelphia, PA (Sportsbook Betting Lines) - New Jersey Devils defenseman Anssi Salmela
left Monday's game against Philadelphia on a stretcher early in the second
period.
Salmela, who rejoined the Devils from the Thrashers in the Ilya Kovalchuk d
Montanes eases into second round at Brasil Open >>
Costa do Sauipe, Brazil (Sportsbook Betting Lines) - Second-seeded Albert Montanes was a
first-round winner at the $500,000 Brasil Open on Monday.
The Spaniard needed just under 1 1/2 hours to dispose of German Simon Greul
6-2, 7-6 (7-2) on the red
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 sportsbook got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
2007 Academy Award Betting : Oscars odds
The 79th Annual Academy Awards odds , which will air February 25th, is sparking an interest throughout the nation with the announcement of its nominees. As the public chooses their favorites, sportsbooks are creating odds for one of the biggest entertainment betting nights of the year.
Whether its at a “Oscar Party” or in an on line sportsbook, entertainment gambling on award shows represent a huge increase in betting. As the public speculation mounts, MySportsbook.com, the largest and most respected sportsbook on the web, posted odds on who is going home with a “Golden Best Friend.”
“ We see a majority of our entertainment wagers come from the Academy Awards,” said MySportsbook.com spokesperson, Tim Dalton. “This is a competition that applies to everyone. These are the people that entertain us on a daily basis and you want to see them win.”
MySportsbook.com posted the following odds for Academy Awards:
Odds to win the Achievement in Directing:
Alejandro González Iñárritu "Babel": 8/1
Martin Scorsese "The Departed": 2/17
Clint Eastwood "Letters From Iwo Jima: 4/1
Stephen Frears "The Queen": 12/1
Paul Greengrass "United 93": 15/1
Performance by an Actor in a Leading Role:
Leonardo DiCaprio in "Blood Diamond": 11/1
Ryan Gosling in "Half Nelson": 20/1
Peter O’Toole in "Venus": 16/5
Will Smith in "The Pursuit of Happyness": 16/1
Forest Whitaker in "The Last King of Scotland": 1/11
Performance by an Actress in a Leading Role:
Penélope Cruz in "Volver": 18/1
Judi Dench in "Notes on a Scandal": 15/1
Helen Mirren in "The Queen": 1/50
Meryl Streep in "The Devil Wears Prada": 10/1
Kate Winslet in "Little Children": 20/1
Best Animated Feature Film:
"Cars": 1/3
"Happy Feet": 2/1
"Monster House": 20/1
Best Foreign-Language Film of the Year:
"Water" – Canada: 22/1
"The Lives of Others" – Germany: 7/2
"After the Wedding" - Denmark: 24/1
"Days of Glory (Indigenes)" – Algeria: 23/1
"Pan's Labyrinth" - Mexico: 1/10
Odds to win the Best Live-Action Short Film:
"Binta and the Great Idea (Binta Y La Gran Idea)": 6/5
"Eramos Pocos (One Too Many)": 7/2
"Helmer & Son": 5/2
"The Saviour": 6/1
"West Bank Story": 7/2
Odds to win the Best Original Screenplay:
"Babel": 7/4
"Letters From Iwo Jima": 3/1
"Little Miss Sunshine": 21/20
"Pan's Labyrinth": 11/4
"The Queen": 5/4
Best Motion Picture of the Year:
"Babel": 11/4
"The Departed": 1/2
"Letters from Iwo Jima": 15/2
"Little Miss Sunshine": 17/10
"The Queen": 20/1
Performance by an Actor in a Supporting Role:
Alan Arkin in "Little Miss Sunshine": 11/10
Jackie Earle Haley in "Little Children": 10/1
Djimon Hounsou in "Blood Diamond": 9/1
Eddie Murphy in "Dreamgirls": 2/5
Mark Wahlberg in "The Departed": 5/1
Performance by an Actress in a Supporting Role:
Adriana Barraza in "Babel": 14/1
Cate Blanchett in "Notes on a Scandal": 11/1
Abigail Breslin in "Little Miss Sunshine": 2/1
Jennifer Hudson in "Dreamgirls": 1/8
Rinko Kikuchi in "Babel": 11/1
Film To Win Most Oscars:
Dreamgirls: 2/3
Pans Labyrinth: 6/5
The Departed: 6/1
The Queen: 11/1
Babel: 15/1
Pirates of the Caribbean: Dead Man's Chest: 11/1
Little Miss Sunshine: 15/1
Additional sports and entertainment odds can be found at: www.MySportsbook.com
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
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