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07/15/2010 - Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets have re-signed forward Tom Sestito to a one-year contract.
Financial terms of the two-way deal were not disclosed.
Sestito appeared in three games for the Blue Jackets last season and recorded seven penalty minutes. He had 10 goals and seven assists with 138 penalty minutes in 36 games at Syracuse of the American Hockey League.
The 22-year-old Rome, New York native was selected by Columbus in the third round of the 2006 Entry Draft. He also appeared in one game for the Blue Jackets during the 2007-08 campaign.
Sestito has career AHL numbers of 25 goals and 35 assists with 508 penalty minutes in 154 games.
<< Davydenko ousted in Stuttgart
Stuttgart, Germany (Sportsbook Betting Lines) - Top-seeded Nikolay Davydenko came up a
second-round loser Thursday at the Mercedes Cup tennis event.
Spaniard Daniel Gimeno-Traver upended the speedy world No. 6 Russian star in
7-6 (9-7), 2-6, 6-1
<< Hurricanes to retire Brind'Amour's number
Raleigh, NC (Sportsbook Betting Lines) - Rod Brind'Amour will have his No. 17 jersey
retired by the Carolina Hurricanes prior to a February 18, 2011 contest
against the Philadelphia flyers.
Brind'Amour announced his retirement after a 20
<< Cubs should stop pretending they're contenders
Philadelphia, PA (Sportsbook Betting Lines) - It's been a typical summer along the North
Side of Chicago. The sun is shining, the bleachers and rooftops that surround
the incomparable Wrigley Field are packed to the gills, and the beer pours
endlessly fr
<< Warriors sold for record price
Oakland, CA (Sportsbook Betting Lines) - The Golden State Warriors have been sold to
Joseph Lacob for a record price of $450 million, according to a report
Thursday from the Oakland Tribune.
Chris Cohan, who had owned the team since 19
Lightning re-sign C Jones >>
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Lightning added some depth to the
forward position on Thursday by re-signing center Blair Jones to a one-year
contract.
Financial terms were not announced.
The 23-year-old appeared in 14 g
Unga, Price-Brent taken in supplemental draft >>
New York, NY (Sportsbook Betting Lines) - The NFL's supplemental draft took place on
Thursday and two players were taken -- running back Harvey Unga of BYU and
defensive tackle Josh Price-Brent of Illinois.
Unga was selected by the Chicago Be
All-UFA Team: The best of the leftovers >>
Philadelphia, PA (Sportsbook Betting Lines) - Despite his surprisingly deliberate search
for a new team, Ilya Kovalchuk is still gaining headlines as the top free
agent left on the NHL's open market.
While it's certainly shocking that we are two weeks
Islanders sign Kohn >>
Bridgeport, CT (Sportsbook Betting Lines) - The New York Islanders signed defenseman
Dustin Kohn to a one-year, two-way contract.
Kohn appeared in 22 games with the Islanders last season, his first in the
NHL. He totaled four assists in those
Sportsbook betting odds favor Europe in Ryder Cup
September 19, – Despite holding a decided edge in the all-time series, with 24 wins, 2 ties and 10 losses, Team USA is the underdog again heading into the Ryder Cup in Kidare, Ireland this weekend, according to MySportsbook.com. The Europeans have captured four of the past five editions, including their largest victory ever, an 18 ½ to 9 ½ thumping in Michigan in 2004. Current Ryder Cup betting odds favor the Europeans to continue their winning ways; they are a 4-5 bet to take the title, compared to 6-5 for the Americans.
Despite being knocked out in the first round of World Match play by Shaun Micheel, Tiger Woods is predicted to lead the US charge and be their highest point scorer for the week, with odds listed at 9-4 that he outpoints all other American players, including Jim Furyk, Phil Mickelson and Chris DiMarco to name a few. Team USA has four relatively unknown players on the roster but all four are 2007 tournament winners and have posted some of season’s best performances, each earning over $1.5 million on the PGA TOUR. They include Zach Johnson, Vaughan Taylor, JJ Henry and Brett Wetterich.
The experienced European squad includes the likes of Luke Donald, Sergio Garcia, Padraig Harrington, Jose Maria Olazabal and Darren Clarke, who’s emotions will be tested after the passing of his wife to a battle with cancer. Donald and Garcia are in particularly good form and each is a 5-1 bet to lead the European squad in the points race. Donald has proven he can go head to head with Woods at a major event after a run for the $1.2 million purse at the PGA Championship. Garcia’s Ryder Cup credentials prove he’s ready for battle too.
To visit this online sportsbook got to MySportsbook.com for all your golf sportsbook needs.
Ryder Cup Odds| Europe Tie USA |
4-5 10-1 6-5 |
| Tiger Woods Jim Furyk Phil Mickelson Chris DiMarco David Toms Stewart Cink Chad Campbell Scott Verplank Zach Johnson Vaughan Taylor JJ Henry Brett Wetterich |
9-4 4-1 5-1 7-1 8-1 12-1 15-1 15-1 25-1 30-1 30-1 50-1 |
| Sergio Garcia Luke Donald Padraig Harrington Colin Montgomerie Darren Clarke David Howell Lee Westwood Paul Casey Henrik Stenson Jose Maria Olazabal Paul McGinley Robert Karlsson |
5-1 5-1 6-1 13-2 8-1 9-1 9-1 11-1 12-1 12-1 20-1 25-1 |
To visit this online sportsbook got to MySportsbook.com
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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