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07/19/2010 - Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes have signed center Riley Nash to a three-year, entry-level contract.
The deal will pay Nash $550,000 in 2010-11, $600,000 in 2011-12 and $700,000 in 2012-13 at the NHL level.
He will be paid $65,000 at the American Hockey League level in all three seasons and will also receive a $262,500 signing bonus.
The 21-year-old Nash scored 12 goals and added 23 assists in 30 games as a junior at Cornell last season. In his three seasons with the Big Red, the Consort, Alberta native recorded 37 goals and 65 helpers in 102 games.
"Riley has excellent playmaking ability from the center position, and was a consistent point-producer at Cornell," said assistant general manager Jason Karmanos. "He'll have an opportunity during training camp to earn a spot on our NHL roster."
He was originally selected 21st overall by Edmonton in the 2007 NHL Entry Draft and was acquired last month by the Hurricanes in exchange for the 46th overall pick in the 2010 NHL Entry Draft.
<< Celtics re-sign Nate Robinson
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have re-signed guard Nate
Robinson.
Terms of the deal were not released, but the Boston Herald reported last week
that the diminutive guard agreed to a two-year, $8 million pact.
Bosto
<< Padres extend manager Black's contract
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres announced Monday that
they have extended manager Bud Black's contract through the 2013 season with
club options for the 2014 and 2015 campaigns.
"I am really happy to announce that
<< Liverpool wins race to sign Joe Cole
Liverpool, England (Sportsbook Betting Lines) - Former Chelsea midfielder Joe Cole has
agreed to sign a four-year contract with Liverpool, the club announced on
Monday.
The 28-year-old Cole left the Blues last month after he was not offered a
<< Kovalchuk heading back to New Jersey
Newark, NJ (Sportsbook Betting Lines) - Ilya Kovalchuk is heading back to New Jersey and
will re-sign with the Devils.
According to the team's website, the Devils will hold a Tuesday afternoon
press conference at the Prudential Center to make it
Zenyatta continues in first, Life At Ten enters NTRA Poll >>
New York, NY (Sportsbook Betting Lines) - As the 2010 thoroughbred racing season enters
the heart of the summer programs, Zenyatta remains the leader in the NTRA
National Poll for week 20. The top 10 features one new addition with five-
year-ol
Cho named new Blazers general manager >>
Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers have named Rich Cho
as the team's new general manager.
No financial terms of the deal were announced.
Cho had spent the past nine seasons as assistant GM of the Seattle
Arena fills out MLS All-Star roster >>
New York, NY (Sportsbook Betting Lines) - MLS commissioner Don Garber and MLS All-Star
Team head coach Bruce Arena of the Los Angeles Galaxy made their selections to
complete the 23-man 2010 MLS All-Star roster on Monday.
The MLS All-Stars will take
Miyazato replaces Kerr as women's No. 1 >>
Philadelphia, PA (Sportsbook Betting Lines) - Ai Miyazato has replaced Cristie Kerr atop
the world rankings for women's golf.
The two players are just about tied, with Miyazato holding a lead of 0.0006
average points over Kerr.
Kerr snatched t
Rule No. 1 in the gamblers' handbook states, "Avoid sports betting on meaningless games."
When you're drowning in a sea of baseball monotony, however, things change. Even a hint of pro football betting can persuade the most disciplined bettor to break a few rules.
The NFL preseason is around the corner, with a tempting Hall of Fame match kicking off on Sunday. But bettors must stay vigilant. Wagering on NFL exhibition games is an entirely different beast than the regular season. Most fans don't recognize the players on the field because starters get as much action in August as Warcraft fans get on Prom night.
The only certainty about the NFL this time of year is uncertainty – and yet there are some who say betting in August can be a gold mine.
“I actually feel the NFL preseason presents solid profit opportunities for sharp bettors and handicappers,” Sports Expert Steve Merril explains. “My experience has been that the sportsbooks fear the preseason, which is evident by lower limits and massive moves.”
The line moves are attributed to the limited knowledge available regarding playing-time distribution. One team’s top unit out on the field for one more series has an impact on the pointspread. Setting lines in the preseason often is a shot in the dark.
“We base the betting lines mostly on public perception,” Pete Korner, founder of the Sports Club in Las Vegas, says. “It’s very tough to predict, almost a guessing game.”
The preseason is all about figuring out who’s in and for how long.
“It becomes a race between bettors and oddsmakers to find out how long the quarterbacks are going to stay in,” Korner admits. “If a sharp gets the information first, he could exploit an early line. I’m a full believer in moving the line in the preseason if the books find out something late in the week.”
Determining what each team’s motive is can help bettors handicap. To do this you must pay close attention to the philosophies head coaches employ in exhibition play.
“You need to know what a coach is trying to accomplish,” says Covers Expert Bryan Leonard. “Sometimes a new coach will want to instill a winning attitude. Others just want to make sure their starters don’t get hurt."
So how do you distinguish who’s playing scared and who’s playing for keeps?
“Head coaches on the hot seat or new coaches trying to implement a winning attitude usually try harder to win in the preseason,” Merril says.
Cleveland Browns head coach Romeo Crennel fits this criteria. He’s entering his third season as the sideline boss and has yet to lead the Browns to more than six wins.
Cleveland is an enticing bet as well because of the unresolved quarterback situation. General manager Phil Savage sacrificed the Browns’ first-round pick in next year’s draft for Brady Quinn, but the former Notre Dame quarterback hasn’t signed or reported to training camp yet.
Charlie Frye and Derek Anderson split time at QB last season and it looks like either player (or even Quinn) could be the opening-day starter.
“If a team has quarterback depth and the pecking order hasn’t been decided, it’s a big advantage,” Leonard says.
Even in the third week of the preseason when starters generally play the most, the final outcome of the game is in the hands of fringe players. A team's talent, all the way down to the last man on the roster, is something to consider.
The New England Patriots have long been considered one of the deeper teams in the NFL and coach Bill Belichick has said in the past he’s unafraid of stars getting hurt in games with nothing on the line. He shocked his colleagues in 2003 by playing some of his starters on special teams in the preseason.
“We want to have the team ready to play a tough, physical game and preparation has to go into that and I imagine a certain amount of injuries go with it,” Belichick told the Providence Journal in August 2003.
Bettors can only hope to find more teams that share the Pats' business-like approach to the preseason (New England is 17-9-3 against the spread since 2000) and take advantage of teams who detest the exhibition schedule.
To visit this online sportsbook got to MySportsbook.com for all your bet on football needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
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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