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03/03/2010 - New York, NY (Sportsbook Betting Lines) - The New York Rangers added some depth to the blue line by acquiring veteran defenseman Anders Eriksson from the Phoenix Coyotes prior to the trade deadline on Wednesday.
Eriksson was sent to the Rangers' American Hockey League affiliate in Hartford.
In return, New York gave up goaltender Miika Wiikman and a seventh-round pick in the 2011 draft.
The 35-year-old Eriksson, a former first-round selection by Detroit in the 1993 draft, had three assists in 12 games with the Coyotes this season. Over 11 NHL seasons, spanning 564 contests, the journeyman has compiled 22 goals and 152 assists with Detroit, Chicago, Florida, Toronto, Columbus, Calgary and the Coyotes.
<< Hurricanes deal Alberts to Canucks
Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes dealt defenseman Andrew
Alberts to Vancouver on Wednesday in exchange for the Canucks' third-round
draft pick in 2010.
Alberts posted two goals and 10 points in 62 games for Caroli
<< Braves bring final 11 under contract
Lake Buena Vista, FL (Sportsbook Betting Lines) - The Atlanta Braves agreed to terms
with the final 11 players on their 40-man roster Wednesday.
One-year contracts have been granted to right-handers Jair Jurrjens, Kris
Medlen and Luis Valdez
<< Boyd lands in Nashville
Nashville, TN (Sportsbook Betting Lines) - The Nashville Predators acquired forward
Dustin Boyd from the Calgary Flames in exchange for a 2010 fourth-round draft
pick.
The 23-year-old Boyd has compiled eight goals and 11 assists in 60 games fo
<< St Trinians tries boys in Saturday's Big 'Cap
Arcadia, CA (Sportsbook Betting Lines) - The 73rd running of the $750,000 Santa Anita
Handicap (Big 'Cap) at Santa Anita Park has attracted 13 males and one female.
The 14 thoroughbreds will be asked to run 1 1/4-miles Saturday on Santa
Anita's
Lightning sale completed >>
Tampa, FL (Sportsbook Betting Lines) - The sale of the Tampa Bay Lightning to a local
group headed by businessman Jeff Vinik has been completed.
Vinik controls Tampa Bay Sports and Entertainment, LLC, and becomes
chairman of the team
Browns release OL Fraley >>
Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns have terminated the contract
of offensive lineman Hank Fraley.
Fraley spent the last four years with the Browns and started 52 of a possible
63 games over that period. In 2009, he appeared i
Flames acquire Delmore from Detroit >>
Calgary, AB (Sportsbook Betting Lines) - The Calgary Flames acquired defenseman Andy
Delmore from the Detroit Red Wings in exchange for forward Riley Armstrong.
Delmore has been assigned to the Abbotsford Heat of the American Hockey
League.
Moore paces Purdue over Hoosiers >>
West Lafayette, IN (Sportsbook Betting Lines) - E'Twaun Moore led Purdue with 21 points
and had six rebounds as the seventh-ranked Boilermakers won their first game
since losing Robbie Hummel for the season, 74-55 against the Indiana
Hoosier
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.
Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.
Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.
MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.
"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."
Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs.
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