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End in sight for Kovalchuk saga...maybeHockey Betting Lines09/01/2010 - Philadelphia, PA (Sportsbook Betting Lines) - It's shocking that Ilya Kovalchuk has not yet found a home for the 2010-11 season, and now it appears the biggest hockey story of the summer will linger on until at least the end of the week. The hockey world awaited the NHL's ruling on the New Jersey Devils' latest contract offer to the Russian winger, but that decision, which was supposed to be delivered by 5 p.m. (et) on Wednesday, has been postponed. According to a statement released by the league about an hour before that deadline, the NHL and the NHLPA mutually agreed to push the decision back until 5 p.m. (et) on Friday. The Twitterverse has already had fun with the cluelessness of the NHL's decision to possibly announce the biggest signing of the summer while most folks in the U.S. will have already shifted gears to their Labor Day weekend plans. But, in the age of the Blackberry, social networking and ESPN's bottom line, if you truly care about the Kovalchuk decision, then most likely you will come across the information at some point this weekend. Of course, the real story here is what this delay means in terms of the NHL's ultimate decision concerning Kovalchuk and the Devils. It could be good news for the Devils if the league likes what it sees, but just needs additional time to go over some finer points of the contract with the NHLPA. Or, maybe the NHL is closer to rejecting the deal and the players association is trying to convince league officials otherwise. It's all more or less speculation at this point because so much of the Kovalchuk story this summer has unfolded behind closed doors. Also, in order to truly understand the sticking points at the heart of the controversy one would be forced to sift through the legal gobbledygook that permeates the Collective Bargaining Agreement, a task I wouldn't wish on anybody. What we do know is that the NHL seems to hold the upper hand in this battle, since independent arbitrator Richard Bloch upheld the league's decision to void the previous contract agreed upon by the Devils and the superstar sniper. That deal was worth $102 million over 17 years while the contract that was submitted to the league last week is reported to be for 15 years and $100 million, according to Nick Kypreos of Sportsnet.ca. The real issue at hand is the NHL's insistence on stopping teams from deliberately circumventing the salary cap, and judging by the breakdown released by Kypreos, the Devils certainly took the league's concerns seriously this time around. The annual cap hit jumped from $6 million to $6.67 million and the new deal is not as dramatically front-loaded as the contract that was previously rejected by the league. If the deal is accepted, the Devils will obviously be happy to have landed Kovalchuk on a long-term basis, but they won't have ample time to celebrate. The winger's big contract will force New Jersey to make some moves to get under the salary cap by the last day of training camp, something the Devils will be more than willing to do to make room for a guy who has amassed 338 goals and 642 points over 621 NHL games. On the other hand, it's hard to say what Kovalchuk will decide to do if this latest deal is rejected. He may decide to jump ship for Russia and the KHL, which begins its season on September 8, or he could remain in North America and continue to try and work a deal out with the Devils or another NHL team. Although, at this point it appears that Jersey is the leader in a one-team race for Kovalchuk's services. If Kovalchuk does decide to play professionally next season in Russia, he is likely to remain in his home country for the entire campaign. Earlier reports indicating that he would have an NHL "out" clause if he signed with a KHL club in 2010-11 were refuted by Kovalchuk's Russian agent Yuri Nikolaev, who said his client would play at least a full season in the KHL if he went to play there at all. In the long run Kovalchuk will get what is coming to him. He is one of the supreme goal-scorers in the world, and at 27 years old, is simply trying to get paid accordingly for the special set of offensive skills he brings to the ice. The fact that his search for a fair free-agent deal has become bogged down in a battle between the NHL and the players association is unfortunate, but should not be blamed on Kovalchuk. Here's hoping Kovalchuk and the Devils get what they want Friday afternoon, because this is one saga that has gone on way too long.
<< Rangers' Lee has treatment for sore back
Kansas City, MO (Sportsbook Betting Lines) - Texas Rangers starter Cliff Lee underwent treatment for a sore back on Wednesday. Lee had complained of lower back soreness after Tuesday's 10-9 loss to the Royals, and was sent back to Arlington
<< Royals' Kendall set for shoulder surgery
<< Cardinals lock up DT Dockett
<< Oswalt solid as Phils down Dodgers
<< Iowa offensive lineman Hundertmark to leave Hawkeyes
Penn State names true freshman Bolden starting quarterback >>
University Park, PA (Sportsbook Betting Lines) - Penn State head coach Joe Paterno named true freshman Robert Bolden the starting quarterback for Saturday's season opener versus Youngstown State. The news came as a surprise considering Paterno
Big Ten announces realignment >>
Lowe to miss start Friday versus Florida >>
Jimbo Fisher anxious as coaching debut draws near >>
Seattle RHP Shawn Kelley gets good surgery news >>
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.
Sportsbooks to bet on footballRecently 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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