Bengals make Owens signing official
Football Betting Lines
07/29/2010 - Georgetown, KY (Sportsbook Betting Lines) - The Cincinnati Bengals officially brought controversial wide receiver Terrell Owens into the fold on Thursday, signing a previously reported one-year contract.
It was reported earlier that the deal is worth up to $4 million, with $2 million guaranteed.
"The addition of Terrell brings another accomplished and productive player to our offensive team," said head coach Marvin Lewis. "When you add his kind of threat to your passing game, it helps your running game, too, because defenses have to account for it. We've witnessed it as a defense playing against him. We've been through the process of trying to prevent it."
Owens spent the last season in Buffalo, catching 55 passes for 829 yards and five touchdowns in 15 games. He spent the previous three seasons in Dallas and the two before that with Philadelphia, all while often getting caught up in public locker room spats, but also producing as one of the league's top receivers.
The five-year run with Dallas and Philadelphia saw Owens notch 1,000- yard seasons and double-digit touchdown receptions in all but one of those years. The Eagles suspended or left Owens inactive for the final nine games of the 2005 season because of constant problems with the team's front office, coach Andy Reid and teammates.
A six-time Pro Bowl selection and third-round draft choice of the 49ers in 1996, Owens played in San Francisco for eight seasons before joining the Eagles for the 2004 campaign.
In 205 career games spanning 14 years in the league, Owens has established himself as one of the best receivers of all-time. He ranks third in NFL annals with 14,951 receiving yards and 144 touchdowns receptions, while ranking sixth in catches with 1,006.
East Rutherford, NJ (Sportsbook Betting Lines) - The New York Giants have waived rookie safety Chad Jones with the intention of placing him on the reserve list. Jones was recently released from a New York hospital after a serious car accident
<< Compton, Every share Greenbrier lead
White Sulphur Springs, WV (Sportsbook Betting Lines) - Erik Compton, the two-time heart
transplant recipient, fired a seven-under 63 Thursday to share the first-round
lead with Matt Every at The Greenbrier Classic.
Playing on another sponsor's exem
<< Dolphins ink first-round pick Odrick
Davie, FL (Sportsbook Betting Lines) - The Miami Dolphins and defensive lineman Jared
Odrick have reportedly agreed to a five-year deal worth $13 million, including
$7.133 million guaranteed.
Additionally, second-round selection linebacker Koa M
<< Tribe pitcher Talbot leaves game
Cleveland, OH (Sportsbook Betting Lines) - Cleveland Indians starter Mitch Talbot left
Thursday's game against the Yankees with an undisclosed injury.
Talbot made his exit with a runner on first and none out in the third. Rafael
Perez entered the g
<< Vikings sign second-round pick Cook, three others
Eden Prairie, MN (Sportsbook Betting Lines) - The Minnesota Vikings have signed rookie
cornerback Chris Cook.
The Vikings selected the Virginia product in the second round (34th overall)
of the 2010 draft. Cook was an All-Atlantic Coast Conf
Omaha, NE (Sportsbook Betting Lines) - Steven Bowditch and Kyle Thompson fired rounds of eight-under 63 Thursday to share the lead after one round of the Cox Classic. Bowditch claimed his lone tour win in his homeland of Australia at the 2005 Jacob
Jets place McKnight on active non-football injury list >>
Florham Park, NJ (Sportsbook Betting Lines) - The New York Jets placed running back and
2010 draft pick Joe McKnight on the active non-football injury list Thursday
after he failed a conditioning test.
McKnight, who was taken by the Jets in the
Salazar, Padres take series from Dodgers >>
San Diego, CA (Sportsbook Betting Lines) - Pinch-hitter Oscar Salazar singled home the
winning run in the bottom of the ninth inning, and the San Diego Padres posted
a 3-2 victory over Los Angeles in the rubber match of a three-game series at
Petco P
Sharks sign D Demers to two-year extension >>
San Jose, CA (Sportsbook Betting Lines) - The San Jose Sharks signed defenseman Jason
Demers to a two-year contract extension on Thursday.
The 22-year-old Demers finished fourth among NHL rookie defenseman with 21
points (four goals, 17 assis
After Oswalt acquisition, Phillies win eighth straight >>
Philadelphia, PA (Sportsbook Betting Lines) - Wilson Valdez helped Philadelphia
celebrate its acquisition of pitcher Roy Oswalt with a game-winning RBI single
in the bottom of the 11th inning, as the Phillies completed a three-game sweep
and won
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.
It's less than a month until the NHL hockey betting season opens at MySportsbook.com and preparations are underway for another battle in the race to hoist Lord Stanley's mug in 2007.
As cup crazy fans prepare to place their bets, one online sportsbook ,MySportsbook.com, is offering hockey betting lines on the 2007/2007 Stanley Cup , who will bring it home this upcoming season.
Despite a poor showing in last season's playoffs and the loss of Steve Yzerman to retirement, the Detroit Red Wings are early favourites at this online sportsbook with wagering odds of 6-1. The Wings will look to offensive powerhouse Pavel Datsyuk and newly appointed captain Nicklas Lidstrom to lead one of the league's most prominent franchises.
Always a threat are the Ottawa Senators, with newly acquired goaltender Martin Gerber from the Stanley Cup champion ,Carolina Hurricanes. The Sens are second best in the rankings at a 7-1 bet, and odds makers at this sportsbook are optimistic that the Ottawa squad will fare better than last season's Eastern Conference semi-final upset to the Buffalo Sabres.
Also worth noting are the defending Stanley Cup champs Carolina Hurricanes, a 10-1 bet to repeat. Behind the Canes are the New Jersey Devils, Calgary Flames, Buffalo Sabres, Philadelphia Flyers, and Anaheim Mighty Ducks all sit at 12-1. In the basement are the Washington Capitals, Chicago Blackhawks, and St. Louis Blues who all have 100-1 odds to win.
To visit this online sportsbook got to MySportsbook.com for all your hockey betting needs.