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07/27/2010 - Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Kings have agreed to terms with left wing Alexei Ponikarovsky on a contract for the next season.
Ponikarovsky had spent his entire NHL career with the Maple Leafs before being dealt to Pittsburgh late last year in the midst of his ninth season. He combined to score 21 goals and added 29 assists in 77 games.
The 30-year-old native of the Ukraine has netted 20 or more goals four times and had his best season in 2008-09 when he compiled 23 goals and 38 assists for 61 points -- each career bests.
Drafted in the fourth round in 1998 by Toronto, Ponikarovsky has amassed 116 goals and 150 assists over 493 career regular-season games. He's added nine points in 34 playoff tilts, including five in 11 games for the Pens last year.
The club made the move for Ponikarovsky just hours after the Kings saw longtime left winger Alexander Frolov sign with the Rangers.
<< Schiavone wins Istanbul opener
Istanbul, Turkey (Sportsbook Betting Lines) - It took two days, but French Open
champion Francesca Schiavone finally posted a first-round victory at the
$220,000 Istanbul Cup hardcourt tennis event.
The top-seeded Schiavone was leadin
<< Ortiz, Greisen and Moye-Moore earn weekly AFL honors
Tulsa, OK (Sportsbook Betting Lines) - Tampa Bay linebacker ERIC ORTIZ,
Milwaukee quarterback CHRIS GREISEN and Orlando linebacker
MARLON MOYE-MOORE have been named the JLS Ironman, Russell
Athletic Offensive Players and Riddell Defensive Player of
the
<< Youzhny, Almagro win openers in Gstaad
Gstaad, Switzerland (Sportsbook Betting Lines) - Top seeds Mikhail Youzhny of Russia and
Nicolas Almagro of Spain were a pair of first-round winners Tuesday at the
Swiss Open.
Youzhny rolled past French lucky-loser Marc Gicquel 6-2, 6-2 in 72 m
<< Pats sign rookie LB Spikes
Foxboro, MA (Sportsbook Betting Lines) - The New England Patriots agreed to terms with
rookie linebacker Brandon Spikes on a contract on Tuesday.
Details were not disclosed, but the Boston Herald is reporting that the deal
is for four years and wo
Player of the 3/4 Year >>
Philadelphia, PA (Sportsbook Betting Lines) - Can you believe that the FedEx Cup
Playoffs begin four weeks from Thursday?
You probably can - you understand time at this point in your life - but the
regular season in golf is almost over. Do we have a l
Hot Fish pulls out of LA event >>
Los Angeles, CA (Sportsbook Betting Lines) - Red-hot American Mardy Fish pulled out of
the $700,000 Farmers Classic tennis event on Tuesday, citing fatigue and an
ankle injury.
An eighth-seeded Fish was scheduled to meet German Benjamin Becker in an
Giants S Jones released from hospital >>
East Rutherford, NJ (Sportsbook Betting Lines) - New York Giants rookie safety Chad
Jones was released from the Hospital for Special Surgery Tuesday after
spending nearly a month there following a serious car accident last month.
Jones is
Petzschner, Stakhovsky fall in Umag >>
Umag, Croatia (Sportsbook Betting Lines) - Seeded players Philipp Petzschner and
Sergiy Stakhovsky were a pair of first-round upset victims Tuesday at the
clay-court Croatia Open.
Belgian Olivier Rochus, a runner-up on the grass in Newport two week
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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