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07/23/2010 - Englewood, CO (Sportsbook Betting Lines) - Denver Broncos linebacker Elvis Dumervil has agreed to a contract extension, just over a month after he signed his free agent contract tender.
Terms of Dumervil's extension weren't disclosed, but sources told ESPN it was a six-year deal worth $61.5 million that includes between $41 million and $43 million in guarantees.
"The way he has handled this lengthy negotiation this offseason is a great example of the type of player and person we want on our team," Broncos coach Josh McDaniels said. "We look forward to Elvis' impact for many years to come."
The fifth-year pro led the league in sacks last year with 17 and added 49 tackles over 16 games, including 14 starts.
Since being taken in the fourth round of the 2006 draft by Denver, the Louisville product has racked up 43 sacks and 129 tackles with one interception and 10 forced fumbles.
<< Duval boots 7 FGs as Als rout Hamilton
Montreal, QC (Sportsbook Betting Lines) - Montreal kicker Damon Duval tied a career-high
with seven field goals as he helped lead the Alouettes to a commanding 37-14
win over the Hamilton Tiger-Cats at Percival Molson Stadium.
Duval finished the n
<< Henry scores in New York debut
Harrison, NJ (Sportsbook Betting Lines) - Thierry Henry scored in his debut for Red Bull
New York on Thursday in a 2-1 loss to English Premier League club Tottenham in
the Barclays Challenge at Red Bull Arena.
Henry scored in the 25th minute to hand N
<< Lakers add Barnes, Ratliff
El Segundo, CA (Sportsbook Betting Lines) - The Los Angeles Lakers added depth to their
frontcourt by signing veterans Matt Barnes and Theo Ratliff.
The Thursday move for Barnes to sign with the Lakers came just three days
after he posted a me
<< Lee finally wins with Texas; Rangers edge Angels
Arlington, TX (Sportsbook Betting Lines) - Cliff Lee pitched 8 1/3 solid frames for his
first win in a Texas uniform, leading the Rangers past the AL West rival
Angels, 3-2, in the first of four games.
In just his third start for Texas since
Kuroda sparkles on mound as Dodgers blank Mets >>
Los Angeles, CA (Sportsbook Betting Lines) - Hiroki Kuroda threw eight scoreless frames,
stonewalling an already befuddled Mets offense, as the Dodgers blanked New
York, 2-0, in the first of four games at Chavez Ravine.
Kuroda (8-8) scattered fi
Red Sox blow lead, but top Mariners in 13 innings >>
Seattle, WA (Sportsbook Betting Lines) - Eric Patterson's two-run double in the 13th
inning lifted the Red Sox to a wild 8-6 win over the Seattle Mariners to open
a four-game series.
Boston's John Lackey came within four outs of a no-hitter, b
Kurt Thomas joining Bulls >>
Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls have reportedly come to terms
with veteran forward Kurt Thomas on a contract.
The Chicago Tribune was one source reporting the agreement Thursday night.
The 37-year-old Thomas, a first-rou
Armed men rob home of Bobcats' Stephen Jackson >>
CHARLOTTE, N.C. (AP) -Police are investigating a home invasion and armed robbery at the home of Charlotte Bobcats player Stephen Jackson.Multiple media organizations reported Friday that three masked gunmen entered Jackson's home in a gated communit
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.
Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.
Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.
MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.
"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."
Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs.
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