08/27/2008 - San Jose, CA (Sportsbook Betting Lines) - The San Jose Sharks signed defenseman Marc- Edouard Vlasic to a four-year contract extension, the team announced on Wednesday. Per club policy, financial terms of the deal were not disclosed.
Vlasic, 21, played in all 82 games for the Sharks last season, notching two goals and 12 assists in his second year with the club. A second-round choice (35th overall) in the 2005 NHL Draft, Vlasic was named to the All-Rookie team in 2006-07 after scoring three goals with 23 assists in 81 games.
"Marc-Edouard is one of the top young defensemen in the game and we are excited to have him in the fold for the next several years," said Sharks general manager Doug Wilson. "He has a tremendous future with this franchise and we look forward to watching his continued development."
The 6-foot-1, 200-pound Montreal native also ranked third on the team in blocked shots (85) and average ice time (21:36) last season.
<< Power outage has Marlins falling back
(Sportsbook Betting Lines) - In baseball's first half, the Marlins were the biggest fish
in the sea when it came to blasting home runs. However, since the break they
have become mere minnows in a pond.
Florida led the majors with 135 home runs in 95 g
<< Senderos joins AC Milan on loan
Milan, Italy (Sportsbook Betting Lines) - Arsenal have confirmed that Switzerland
international Philippe Senderos has joined AC Milan on a season-long loan
deal.
A brief statement on the Gunners' official website read: "Everyone at Arsena
<< Merriman to try to play without knee surgery
San Diego, CA (Sportsbook Betting Lines) - Linebacker Shawne Merriman told the San Diego
Chargers on Wednesday that he has elected not to undergo surgery on his
injured left knee, and instead will try to play this season despite reportedly
having
<< Kuznetsova, Dementieva reach third round in New York
Flushing Meadows, NY (Sportsbook Betting Lines) - Former champion and last year's
runner-up Svetlana Kuznetsova and Olympic gold medalist Elena Dementieva were
a pair of second-round winners Wednesday at the U.S. Open.
The third-seeded Kuznetsova w
Jankovic, Kuznetsova, Dementieva reach third round in Flushing >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Former world No. 1 Jelena Jankovic,
former champion and last year's runner-up Svetlana Kuznetsova, and Olympic
gold medalist Elena Dementieva were a trio of second-round winners Wednesday
at the U.S. O
Around FCS: New Name, New Teams For Missouri Valley >>
Philadelphia (Sportsbook Betting Lines) - There is no truth to the rumor that the name
of the Gateway Conference was changed to protect the innocent.
Patty Viverito is still the commissioner of the newly named Missouri Valley
Football Conference, not
Warriors' Ellis undergoes successful ankle surgery >>
Oakland, CA (Sportsbook Betting Lines) - Golden State Warriors guard Monta Ellis
underwent successful surgery Wednesday to repair a torn deltoid ligament in
his left ankle and will be sidelined a minimum of three-plus months.
Ellis suffere
Sakic decides to return for one more year with Avs >>
Denver, CO (Sportsbook Betting Lines) - Joe Sakic has decided to play at least one more
season and on Wednesday re-signed with the Colorado Avalanche.
Sakic had been deliberating about whether to return for a 20th NHL season. He
has inked a one-year
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 sportsbook 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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