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07/19/2010 - 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.
Boston acquired the three-time NBA Slam Dunk champion in a five-player deal with the Knicks in February, and the 5-foot-9, 180-pound sparkplug proved vital off the bench for the Eastern Conference champions.
Though his minutes went down considerably following the trade, Robinson donated 6.5 points and 2.0 assists in 26 regular season games as a backup to Rajon Rondo.
The 26-year-old netted three double-digit scoring games in the postseason, including a 13-point effort in a series-clinching win over Orlando in the conference finals.
"It is great to have Nate back and we think that he can contribute more significantly this upcoming season after a full training camp with the team," said Celtics president of basketball operations Danny Ainge. "He helped us win some crucial playoff games this past postseason and we believe that we will see great things from him this coming season."
Robinson spent the first four-plus years of his career in New York. Over 338 career games, the Washington product has averaged 12.0 points and 2.7 assists per contest.
<< 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
<< AP Source: Rich Cho named new Blazers GM
PORTLAND, Ore. (AP) -A person with knowledge of the hiring process says the Trail Blazers have named Oklahoma City assistant GM Rich Cho as Portland's new general manager.The person spoke to The Associated Press on Monday on condition of anonymity b
<< Mainz seals Fuchs loan deal
Mainz, Germany (Sportsbook Betting Lines) - Mainz have completed the one-year loan
signing of Christian Fuchs from Bochum.
The Austrian midfielder has the option of making the deal permanent next year
following Bochum's relegation from the Bun
Hurricanes sign C Nash >>
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.
H
NL West: Injuries piling up in LA >>
(Sportsbook Betting Lines) - Imagine the San Diego Padres trying to stay atop the NL
West standings without Adrian Gonzalez, Chase Headley and Yorvit Torrealba.
The Los Angeles Dodgers would certainly enjoy seeing that happen, but they're
the one
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
With all the style and sex appeal of Las Vegas, MySportsbook.com is without a doubt the coolest online sportsbook on the Internet.
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Throughout MySportsbook, visitors and members are treated to informative sports news and sports betting stats Sports matchup reports and sports betting trends as well as entertaining columns written by colorful personalities.
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Thus, players at MySportsbook are assured of getting top notch customer service while having a wickedly good time.
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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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