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02/08/2010 - Bridgeview, IL (Sportsbook Betting Lines) - Calen Carr has re-signed with the Chicago Fire for his fifth season in Major League Soccer.
In four seasons in Chicago, Carr has appeared in 68 games, including 15 starts, while tallying six goals and three assists.
The striker missed much of the 2008 and 2009 seasons with a reoccurring knee injury that limited him to 19 games and 364 minutes over the two seasons.
Carr notched three goals on the way to the Fire's 2006 Lamar Hunt U.S. Open Cup Championship and has appeared in five MLS Cup playoff games, tallying two assists.
<< Rachel Alexandra staying loose in Big Easy
New Orleans, LA (Sportsbook Betting Lines) - Less than 12 hours after the New Orleans
Saints captured Super Bowl XLIV, the other champion residing in the Big Easy
took to the track for a jog.
Horse of the Year Rachel Alexandra took a jog aroun
<< Yankees add Thames to outfield mix
New York, NY (Sportsbook Betting Lines) - The New York Yankees have reportedly added
Marcus Thames with a one-year contract worth $900,000 if he makes the team.
SI.com and the New York Post reported the signing. Thames is expected to
compete
<< Gainey steps down as Canadiens GM, Gauthier takes over
Montreal, QC (Sportsbook Betting Lines) - Montreal Canadiens general manager Bob Gainey
has decided to step down from his post and hand the reins over to Pierre
Gauthier, the club announced on Monday.
"After a long and difficult period of
<< Brewers to honor Selig with statue
Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers announced Monday that
they will honor former owner and current baseball commissioner Bud Selig with
a statue at Miller Park.
It will be the third statue built at Miller Park, joining
Browns release Stallworth >>
Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns have officially parted
ways with troubled wide receiver Donte' Stallworth, terminating his contract
Monday less than 24 hours after his season-long suspension was lifted.
NFL Commiss
Wizards/Hawks rescheduled for March 11 >>
Washington, DC (Sportsbook Betting Lines) - The Washington Wizards home game against
the Atlanta Hawks, postponed Saturday to a blizzard in the nation's capital,
has been rescheduled for March 11 at the Verizon Center.
Both teams were unable to
Raiders name Pendergast assistant coach >>
Alameda, CA (Sportsbook Betting Lines) - The Oakland Raiders hired Clancy Pendergast as
an assistant coach on Monday.
Pendergast's role was not made clear in the team's release on the hiring.
Pendergast was fired as the defensive coordinator in
Saints' Super Bowl victory most watched event in TV history >>
New Orleans, LA (Sportsbook Betting Lines) - Approximately 106.5 million people tuned in
to watch Drew Brees and the New Orleans Saints win Super Bowl XLIV over the
Indianapolis Colts, making it the most watched event in television history.
The ga
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.
The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game’s outcome (also called betting the side). College Football Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. ( See our article detailing how and why point spreads are made)
But you could also simply bet on the money line, or straight-up winner of the game. Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like boxing, tennis, golf and racing events such as NASCAR. ( More details on playing the Money Line)
Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.
The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under . So Under bettors won, and Over bettors lost.
Sports gambling doesn’t end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.
The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl odds might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
Involves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.
To visit this online sportsbook got to MySportsbook.com for all your football betting needs.
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