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07/04/2009 - Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Kings boosted their offense on Friday, acquiring All-Star forward Ryan Smyth from the Colorado Avalanche in a three-player deal.
Smyth, 33, tied for the Avalanche lead in points last season with 59, posting 26 goals and 33 assists. Last season marked the ninth 20-goal season he has recorded in his 14-year career.
"Ryan is the type of player who fits with our team," said Kings general manager Dean Lombardi. "He fills an important need, as he is a competitive, gritty scoring left winger, and he fits with the overall identity we continue to build here."
In his career, including stints with the Avs, Isles and Oilers, Smyth has 310 career goals and 350 career assists in 920 regular season games. He also has 25 goals and 52 points in 81 career postseason games.
Heading to Colorado are defensemen Kyle Quincey, Tom Preissing and a 2010 fifth-round selection. The 23-year-old Quincey led all LA defenseman last season with 38 points in 72 games, while Preissing, 30, had seven points in 22 games last season with the Kings.
"We are pleased to be adding two quality NHL defenseman," said Avs general manager Greg Sherman. "Kyle and Tom are both versatile players who can contribute at both ends. They will add defensive depth to our lineup."
For his career, Preissing has 131 points in 322 games with San Jose, Ottawa and LA. In parts of four seasons with Detroit and LA, Quincey has 39 career points in 85 games.
<< Late miscue forces 'Quakes to share points with RSL
Sandy, UT (Sportsbook Betting Lines) - The San Jose Earthquakes and Real Salt Lake
battled to a 1-1 draw in Major League Soccer action at Rio Tinto Stadium on
Friday night.
Arturo Alvarez scored the game's first goal for San Jose before a Chr
<< Bowyer wins crash-filled Nationwide race at Daytona
Daytona Beach, FL (Sportsbook Betting Lines) - Clint Bowyer held off Kyle Busch and Carl
Edwards in a green-white-checkered finish to win Friday's Subway Jalapeno 250
and record his first victory at Daytona International Speedway.
Bowyer, the 2008
<< Rangers get just enough offense to top Rays
Arlington, TX (Sportsbook Betting Lines) - Hank Blalock belted a two-run homer and
Tommy Hunter pitched 5 1/3 strong innings to collect his first win in the
majors on his 23rd birthday, as the Texas Rangers downed the Tampa Bay Rays,
3-1, in
<< Rockies blank Diamondbacks
Denver, CO (Sportsbook Betting Lines) - Jorge De La Rosa blanked the Diamondbacks
through eight innings, and Joel Peralta and Huston Street finished off
Colorado's 5-0 shutout of its NL West rival.
De La Rosa (5-7) won his third straig
Roughriders hang on to top Lions in season opener >>
Regina, SK (Sportsbook Betting Lines) - Darian Durant threw for 313 yards and had a
rushing touchdown to help the Saskatchewan Roughriders to a 28-24 win over the
British Columbia Lions in the season opener for both clubs.
Durant went 18-for-32
Leaving a trail: Turkoglu snubs Portland, to sign with Raptors >>
Portland, OR (Sportsbook Betting Lines) - Sharp-shooting forward Hedo Turkoglu appeared
headed to the Portland Trail Blazers on Friday afternoon, but by nightfall
those talks apparently broke off.
In the latest turn of events, TNT basketball an
Ramirez quiet in return but Dodgers still double-up Padres >>
San Diego, CA (Sportsbook Betting Lines) - Manny Ramirez returned from a 50-game
suspension and played only 5 1/2 innings, going 0-for-3 with a walk, two
groundouts and a pop out, but the rest of his Dodger teammates picked up the
slack
Huff leads O's past Angels >>
Anaheim, CA (Sportsbook Betting Lines) - Aubrey Huff went 2-for-4 with a three-run home
run, as the Baltimore Orioles hung on to edge the Los Angeles Angels of
Anaheim, 6-4, in the second test of a four-game series.
Luke Scott stroked a two-ru
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 sportsbook 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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