07/08/2008 - St. Louis, MO (Hockey Betting) - The St. Louis Blues signed free agent forward Steve Bernier Tuesday to an offer sheet worth $2.5 million for next season.
Bernier spent last season with the Sharks and Sabres, tallying 16 goals and 32 points in 76 games. He was dealt from Buffalo to Vancouver last Friday for a third-round pick in 2009 and a second-round choice in 2010.
The 23-year-old Quebec native is a Group II free agent, which means the Canucks have seven days to match the offer or receive the Blues' second-round draft selection in 2009.
Over a three-year NHL career with San Jose and Buffalo, Bernier has recorded 45 goals and 90 points in 177 games.
<< Isner drops Hall of Fame opener
Newport, RI (Sportsbook Betting Lines) - Towering American John Isner was among
Tuesday's opening-round losers at the $385,000 Hall of Fame Tennis
Championships.
The 6-foot-9 fifth-seeded Isner succumbed to fellow American Jes
<< Braves sign P Tavarez
Los Angeles, CA (Sportsbook Betting Lines) - The Atlanta Braves signed pitcher
Julian Tavarez for the remainder of the season Tuesday, hoping to bolster a
banged up bullpen.
Tavarez, 35, is with his third team this season, having be
<< Loewen placed on DL for second time in 2008
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles placed pitcher Adam
Loewen on the 15-day disabled list Tuesday with a re-injury of the stress
fracture in his left elbow.
The left-handed, 24-year-old left Sunday's game agai
<< Raptors sign Adams
Toronto, ON (Sportsbook Betting Lines) - The Toronto Raptors signed free-agent guard-
forward Hassan Adams to a two-year contract Tuesday. Per team policy,
financial details were not disclosed.
The 6-foot-4, 220-pound Adams played in It
Tribe move Elarton to DL >>
Detroit, MI (Sportsbook Betting Lines) - The Cleveland Indians transferred Scott
Elarton to the 15-day disabled list with a non-baseball medical condition.
The right-hander was originally placed on the restricted list June 30 after
informin
Rezai, Wickmayer exit Palermo >>
Palermo, Italy (Sportsbook Betting Lines) - Third-seeded Frenchwoman Aravane Rezai
and sixth-seeded Belgian Yanina Wickmayer were among the first-round losers
Tuesday at the Palermo International tennis tournament.
Paraguay's Rossana De Los
Cubs acquire Harden from A's >>
Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs have acquired pitchers Rich
Harden and Chad Gaudin from the Oakland Athletics in exchange for pitcher Sean
Gallagher, outfielder Matt Murton, infielder Eric Patterson and catcher Josh
Donalds
Knicks sign top pick Gallinari >>
New York, NY (Sportsbook Betting Lines) - The New York Knicks signed forward Danilo
Gallinari on Tuesday. Per club policy, terms of the deal were not disclosed.
Gallinari was selected by New York with the sixth overall selection in the
2008
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.
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.
“You play to win the game!”
Those are the words of notoriously intense head coach Herman Edwards. Unfortunately, from a bettors’ perspective, most coaches don’t feel that way about the NFL preseason. August is a time to evaluate young players, finalize the depth chart and pray your star players stay healthy.
The trick to making money during the exhibition schedule is identifying coaches – like Edwards – who can’t stand losing even when there's nothing on the line.
The New York Jets betting won 15 of 21 preseason games and went 14-7 against the spread (ATS) during Edwards’s five-year tenure with the club. In his first season as the Kansas City Chiefs field boss, the team improved from 0-4 to 2-2.
Identifying win-a-holics like Edwards is a good start if you plan betting the preseason – even though most say you shouldn’t ... but what the hell do they know anyway?
Here’s a brief rundown of two teams that have a habit of winning during the second-stringers’ season, and another club that has a good chance of exceeding this year.
Playing in the media hub of North America can be stressful but the press can’t write anything negative about the way Tom Coughlin’s boys play in the preseason. The Giants won and covered all four games last summer, improving their record to 7-1 both straight up (SU) and against the spread over the last two years.
Coughlin has shown he’s not afraid to give his starters more time in the second preseason game than most of his colleagues, no doubt one of the reasons his team has been so dominant.
Bettors can count on America’s team early on. The Cowboys are 14-6 both SU and ATS since 2002 in warm-up contests. Former coach Bill Parcells, the coach of the team the last four years, has an intimidating, in-your-face presence – surely a reason Dallas has had so much early success.
The Big Tuna won’t be strolling the sidelines with looks of disgust, but new coach Wade Phillips will be anxious to make a good first impression for owner Jerry Jones.
Dallas plays the Indianapolis Colts and the Denver Broncos before things get serious. They then face the Houston Texans in their third contest (the game starters see most game time) and finish off with the Minnesota Vikings.
Expect a Dallas team able to walk away with another 3-1 preseason record.
This team scored a league-worst 12 offensive touchdowns last season, so the rookies and veterans each have something to prove. There’s a bounty of first-unit jobs up for grabs and plenty of bodies competing for those slots.
First-time head coach Lane Kiffin will be eager to impress an owner who employs the philosophy, “Just win, baby!”
The 32-year-old Kiffin has to command respect from a locker room full of players older than him. All of these factors should lead to purpose in preseason.
Don’t forget: before playing like a team that belonged in NFL Europe, Oakland went 4-1 (both SU and ATS) in exhibition games.
To visit this online sportsbook got to MySportsbook.com for all your football wagering needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
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