Nets ink first-round picks Favors, James

Basketball Betting Lines

07/15/2010 - East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets signed 2010 first- round draft picks Derrick Favors and Damion James on Thursday.

The Nets selected Favors with the third overall pick after the 6-foot-10, 246- pound forward averaged 12.4 points, 8.4 rebounds and 2.1 blocks in 36 games for Georgia Tech during his only collegiate season.

James, the 24th overall selection, played four seasons at the University of Texas and set Big 12 Conference records for rebounds (1,318) and double- doubles (55). As a senior last season, the 6-foot-7, 225-pounder averaged 18.0 points and 10.3 rebounds in 34 games.

Socceronlinechance Basketball Betting News

<< Davydenko ousted in Stuttgart
Stuttgart, Germany (Sportsbook Betting Lines) - Top-seeded Nikolay Davydenko came up a second-round loser Thursday at the Mercedes Cup tennis event. Spaniard Daniel Gimeno-Traver upended the speedy world No. 6 Russian star in 7-6 (9-7), 2-6, 6-1

<< Hurricanes to retire Brind'Amour's number
Raleigh, NC (Sportsbook Betting Lines) - Rod Brind'Amour will have his No. 17 jersey retired by the Carolina Hurricanes prior to a February 18, 2011 contest against the Philadelphia flyers. Brind'Amour announced his retirement after a 20

<< Cubs should stop pretending they're contenders
Philadelphia, PA (Sportsbook Betting Lines) - It's been a typical summer along the North Side of Chicago. The sun is shining, the bleachers and rooftops that surround the incomparable Wrigley Field are packed to the gills, and the beer pours endlessly fr

<< Warriors sold for record price
Oakland, CA (Sportsbook Betting Lines) - The Golden State Warriors have been sold to Joseph Lacob for a record price of $450 million, according to a report Thursday from the Oakland Tribune. Chris Cohan, who had owned the team since 19

<< Verdasco, Robredo ease into Bastad quarters
Bastad, Sweden (Sportsbook Betting Lines) - Second-seeded Spaniard Fernando Verdasco and two-time champion Tommy Robredo of Spain were among Thursday's second- round winners at the Swedish Open. Fourth-seeded Nicolas Almagro was also a Spanish

Blue Jackets re-sign Sestito >>
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets have re-signed forward Tom Sestito to a one-year contract. Financial terms of the two-way deal were not disclosed. Sestito appeared in three games for the Blue Jackets last s

Oilers sign D Peckham >>
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers have signed defenseman Theo Peckham to a one-year contract. Peckham, 22, has played in 31 career NHL games with the Oilers, including a 15-game stint during the 2009-10 campaign.

Lightning re-sign C Jones >>
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Lightning added some depth to the forward position on Thursday by re-signing center Blair Jones to a one-year contract. Financial terms were not announced. The 23-year-old appeared in 14 g

Unga, Price-Brent taken in supplemental draft >>
New York, NY (Sportsbook Betting Lines) - The NFL's supplemental draft took place on Thursday and two players were taken -- running back Harvey Unga of BYU and defensive tackle Josh Price-Brent of Illinois. Unga was selected by the Chicago Be

All-UFA Team: The best of the leftovers >>
Philadelphia, PA (Sportsbook Betting Lines) - Despite his surprisingly deliberate search for a new team, Ilya Kovalchuk is still gaining headlines as the top free agent left on the NHL's open market. While it's certainly shocking that we are two weeks

Mens NCAA Basketball Tournament odds  
As of February 9, MySportsbook.com has released its coveted 2007 Mens NCAA Basketball Tournament betting odds. “March Madness betting ” only a month away, the top ranked Florida Gators are favorite at 7-2 to win it all. The defending champs have not disappointed at all this season and currently have a 22-2 record and are undefeated (9-0) in SEC play. The Gators’ thrive off of their extremely balanced, experienced and versatile attack. All five starters started in last seasons National Championship game. What is most impressive with this group is their balance; the five starters all average between 10.7 and 13.6 PPG. The Gators have been on an absolute roll having won 15 straight by an average of 16.4 PPG.

Right behind the Gators are the 5th ranked UNC Tar Heels at 9-2. The Heels (21-3, 7-2) are absolutely loaded with top notch talent and are as deep as any team in the country. A concern for the Tar Heels might be inexperience. Of their top four scorers/ minute earners, three are freshmen and the other is a sophomore. The rest of the regular season, the Tar Heels play only one team that is currently ranked (Duke). Their remaining opponents do combine for an impressive 107-58 record though.

Other teams that the MySportsbook.com members seem to believe will win it all include the west coasts’ top team #2 UCLA (6-1), #3 OSU behind man-child Greg Oden (8-1), and #4 Wisconsin (10-1) behind their defense which has given up 70+ points only three times all season.

Below is a list of some of the favorites to win the 2007 Men’s NCAA Basketball Championship lines. For the full list of teams and March Madness odds be sure to log onto MySportsbook.com. If you want to use your credit card to bet on college hoops or any other event, MySportsbook.com has the highest credit card acceptance rate in the industry.

Arizona 20-1

Butler 20-1

Duke 30-1

Florida 7-2

Georgetown 30-1

Indiana 35-1

Kansas 15-1

Marquette 25-1

Maryland 40-1

Memphis 50-1

Nevada 50-1

UNC 9-2

OSU 8-1

Oregon 30-1

Pittsburgh 15-1

Texas 30-1

Texas A&M 18-1

UCLA 6-1

Wisconsin 10-1

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook betting needs.

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.