Magic extend Van Gundy

Basketball Betting Lines

07/28/2010 - Orlando, FL (Sportsbook Betting Lines) - The Orlando Magic have extended the contract of head coach Stan Van Gundy through the 2012-13 season.

The team also announced Alex Martins has been promoted to team president and Otis Smith to president of basketball operations with those deals also running through the 2012-13 campaign.

"Alex, Otis and Stan have brought great energy, dedication, leadership and vision to our organization," said Magic CEO Bob Vander Weide. "As a team, both from a basketball and business standpoint, they have us moving in a very positive direction and toward our ultimate goal of winning an NBA Championship."

Van Gundy's contract was set to expire after the upcoming season. He has a career NBA head coaching mark of 282-149 and a 170-76 record with the Magic. During the last three seasons with Van Gundy at the helm, the Magic have won three straight Southeast Division championships, reached the Eastern Conference Finals in back-to-back seasons and captured the conference title in 2008-09.

Martins had been the team's chief operating officer. Since re-joining the organization in June of 2005, Martins has led the Magic in its business operations, while overseeing a ticket sales effort which saw the largest increase in attendance in the NBA. He also helped to secure the new state-of- the-art Amway Center in Orlando, which is scheduled to open this October.

Smith was originally promoted to general manager on May 3, 2006.

Socceronlinechance Basketball Betting News

<< Warriors' Lin hopes to beat Harvard stereotypes
TAIPEI, Taiwan (AP) -The first Taiwanese-American signed by an NBA team hopes to overcome the negative stereotype of playing college basketball at Harvard, and eventually wants to be a minister in an inner-city neighborhood.Undrafted point guard Jer

<< Bartoli, Sharapova reach second round in Stanford
Stanford, CA (Sportsbook Betting Lines) - Reigning champion Marion Bartoli and former World No. 1 Maria Sharapova were first-round victors Tuesday at the $700,000 Bank of the West Classic tennis event. The former Wimbledon runner-up Bartoli handl

<< Hot Fish pulls out of LA event; Blake advances
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 Beck

<< Jack Roush hospitalized following plane crash
Milwaukee, WI (Sportsbook Betting Lines) - Jack Roush, co-owner of Roush racing, was hospitalized Tuesday night following a plane crash at Wittman Air field in Oshkosh, Wisconsin. Roush was landing his Hawker Beechcraft Premier jet when the crash took

<< Lackey beats old team as Red Sox use late surge
Anaheim, CA (Sportsbook Betting Lines) - John Lackey returned to his former stomping grounds and pitched 7 1/3 quality innings to lead the Boston Red Sox to a 4-2 win over the Angels in the middle installment of a three-game series. Lackey (10-5

Panthers agree to terms with Clausen >>
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have reportedly agreed to terms with rookie quarterback Jimmy Clausen. According to the Charlotte Observer, Clausen has a four-year deal that could be worth as much as $6.3 million. T

McCourty comes to terms with Patriots >>
Boston, MA (Sportsbook Betting Lines) - The New England Patriots and first-round draft pick Devin McCourty have agreed to terms of a contract. McCourty's agent, Andy Simms, posted the news on his Twitter feed Wednesday morning. Terms of the

Blue Jackets re-sign Stralman >>
COLUMBUS, Ohio (AP) -The Columbus Blue Jackets and defenseman Anton Stralman have agreed on a one-year contract, just minutes before they were to go to arbitration on Wednesday morning.General manager Scott Howson announced the re-signing.Stralman,

White Sox, Buehrle hope to extend home streak versus Mariners >>
(Sportsbook Betting Lines) - Mark Buehrle tries to lead the Chicago White Sox to their 10th straight home win this evening when they resume their four-game series against the Seattle Mariners at U.S. Cellular Field. Buehrle has been a big reason behin

Astros vie to extend series win streak over Cubs >>
(Sportsbook Betting Lines) - The Houston Astros have yet to lose a series to the Chicago Cubs this year. Starting pitcher Bud Norris getting his first victory in well over two months would keep that stretch going. Norris and the Astros aim for a fourt

Sportsbooks to bet on football

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.

NFL Football Office Pools : NFL Football Contests

NFL Football Office Pool Printable Schedules

Welcome to our free football office pool page. Run your own NFL Football Office Pool. Create your own pool, invite your friends to join. Compete with your with co-workers, friends or family for bragging rights every week. Exchange some hard hits without risk of injury -- Trash Talk with your fellow co-workers.

Football Pickem Pools: Your basic office pool format, where you pick the winner of each game, either against the spread or straight up. Spice up your pool by using confidence ranks, key picks, and other options. Pick 5 pools available. You can print NFL Football Office Pools here. Custom ranks available. Custom point spreads. Use Pro and/or College games, even D1AA games can be included. Many many other options.

Football Survivor Pools: Also known as Knockout, Suicide, Eliminator, Survival and Loser pools. Pick one team each week. If they win you advance to the next round. If they lose, you're out. The catch: You can only pick a team once. Many options like Pick a Team Only [Once,Twice,Unlimited], [1,2,3,4,5] Strikes and You're Out, Double Picks, Bye Weeks, Alias Entries and more. Very easy to set up and manage.

Football Share Pools: Pick college and/or pro football game winners using Vegas odds in our own unique Share Pool format. Accumulate points by picking pointspread and over/under winners. Risk as many points as you want on any game. The person with the most points (shares) at the end wins. Perfect for the Playoffs and Bowl Seasons.

Fantasy Football Pools: Fantasy football pool managers love our easy to use interface and custom settings. Points and head to head leagues, custom points, offline drafts, live scoring, waiver wire, trades and more. Live customer service by email or phone. $50 flat fee.

To visit this sportsbook go to MySportsbook.com for all your NFL football betting needs.