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07/03/2009 - Columbus, OH (Sportsbook Betting Lines) - Columbus Blue Jackets forward Rick Nash was reportedly signed to an eight-year, $62.4 million contract extension.
The Columbus Dispatch reports Nash's deal means an annual salary cap hit of $7.8 million for the Blue Jackets. He'll earn $7 million for the upcoming season, the last year of his current contract. Nash will then make $7.5 million in 2010-11, according to the Dispatch, and the deal escalates until he makes $8.2 million in 2017-18.
The 25-year-old Nash, who is captain of the team, had 40 goals and 39 assists over 78 games last season. The first overall pick of the 2002 draft, Nash has spent his entire six-season NHL career playing for Columbus and has a franchise-record 194 goals to go with 161 assists over 441 games.
This past season, Nash helped Columbus to its first-ever postseason berth, although the Blue Jackets were swept by the Detroit Red Wings in the opening round.
Nash won the Maurice Richard Trophy for the most goals in the league with 41 during the 2003-04 season, which happened to be the first of his four All-Star appearances.
<< Diaz remains tied for Jamie Farr lead
Sylvania, OH (Sportsbook Betting Lines) - Laura Diaz birdied four of the last six holes
Friday to remain tied for the lead after two rounds of the Jamie Farr Owens
Corning Classic.
Diaz carded a four-under 67 to complete two rounds at 11-under-pa
<< Bowyer captures pole for Daytona Nationwide race
Daytona Beach, FL (Sportsbook Betting Lines) - After a lengthy rain delay, Clint Bowyer
won the pole for Friday's Subway Jalapeno 250 Nationwide Series race at
Daytona International Speedway.
Bowyer, the 2008 Nationwide champion, lapped the
<< Ramirez apologizes on night of return to Dodgers
San Diego, CA (Sportsbook Betting Lines) - Los Angeles Dodgers left fielder Manny
Ramirez spoke to the media Friday, prior to making his scheduled return to the
majors following his 50-game suspension.
Ramirez is expected to be in the starting
<< Woods shoots 66 to lead AT&T National
Bethesda, MD (Sportsbook Betting Lines) - Tiger Woods nourished his momentum with a
handful of scrambling par saves, shooting a four-under 66 on Friday to take
the second-round lead at the AT&T National.
Woods finished two trips around Con
Lopez solid on the mound as Phils handle Mets >>
Philadelphia, PA (Sportsbook Betting Lines) - The Phillies recalled Rodrigo Lopez from
Triple-A Lehigh Valley to start the opener of a three-game series with the
rival Mets, and the right-hander responded with a quality outing in a 7-2
Philade
Leaving a trail: Turkoglu breaks off talks with Blazers >>
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.
The Oregonian newspaper originally reported Tu
Stockton shares Edmonton Open lead with two others >>
Edmonton, AB (Sportsbook Betting Lines) - Brady Stockton posted a three-under 69 Friday
to remain a co-leader after two rounds of the Edmonton Open.
Stockton, who shared the first-round lead with Robert Gates, completed 36
holes at 10-under-par
Braves hold on to beat Nationals, extend win streak to five >>
Washington, DC (Sportsbook Betting Lines) - Brooks Conrad's first home run of his career
was a pinch-hit, three-run shot to help the Atlanta Braves take a 9-8 win over
the Washington Nationals in the opener of a three-game set.
Chipper Jones, Yunel Es
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.
American Idol odds : Blake Lewis the Early Standout
An important American Idol betting lines recap from February 20 Guys episode. The 12 men came out flat overall with Blake Lewis appearing to have the early edge after the first hour and a half.
Rudy - was quite good singing "Free Ride" to start off. Randy was not impressed though. Paula thought he started off fantastic. "Never had anyone stop off so lively" said Paula but Simon (who does not like Rudy) does not feel he has a distinct voice and was not impressed either.
Brandon was a little pitchy according to Randy and Paula agreed. Simon said he was a good singer but the song was "too safe" and he needs to make an impact. He was listed at +1200 odds or $1200 paid out on a $100 bet should he win the competition.
Big favorite Sundance came in with a flat version of "Knights in White Satin" and the judges let him have it, including Paula. Randy claimed the song was out of pitch throughout.
Korean American - and a Jenny Woo favorite - Paul Kim was up next. Another pitchy flat one but Randy said he still liked his potential. Kim at +3000 odds was said to have sung a "third rate version of that (George Michael) song" according to Simon Cowell. He sang "Careless Whisper".
22 year old Chris Richardson was up next. He was listed with +1100 odds coming in. He got the best response from the judges though Simon did not believe the vocal was that great.
Nick was boring and pitchy. Simon didn't think he was that bad though and predicted he would be back next week. Nick Pedro was a big +3000 dog coming into this competition.
Beat boxer Blake Lewis was listed with early +1000 odds or $1000 payout on a $100 bet if he were to become the next American Idol winner odds . These of course were the early odds. He was considered original for picking an "odd song". He did not beat box and the judges felt it was the best vocal of the night.
Sanjaya came in as the second biggest favorite after Chris Sligh but his performance Tuesday night was not very good.
Chris Sleigh was the early favorite at +450 odds. Great voice and a great sense of humor. He's a real standout. Randy felt it was on point but maybe ahead of the chorus a little bit. Simon Cowell said he felt like he was in some "sort of weird student gig".
Jared Cotter followed. He was listed with +2000 odds early on to win the competition. The judges felt he needs to take more risks but looked good.
22-year old AJ Talbado, who has tried out for American Idol five times, was up next. "Kind of a theme park performance" said Simon. Though the judges felt he performed okay. Simon did feel AJ might be better than he originally thought.
Phil - this season's military favorite - came into this competition with +1200 odds to win the competition. He was the last to perform. He was certainly strong enough to get through this stage of the competition and perhaps the best one after a shaky start.
Tomorrow night, the ladies perform and I sure hope they do a better job than the boys. Check out all the American Idol betting odds here.
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
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