Pens re-sign Conner

Hockey Betting Lines

07/13/2010 - Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Penguins have re-signed forward Chris Conner to a one-year, two-way contract.

The deal is for $550,000 at the NHL level.

Conner, 26, has spent four seasons in the NHL, the first three with Dallas and last season with Pittsburgh.

Over 79 games, he has nine goals and 15 assists.

Casinos--online Hockey Betting News

<< AL puts All-Star unbeaten streak on the line at Angel Stadium
(Sportsbook Betting Lines) - The American League will try to stretch its unbeaten streak to 14 games over the National League when the respective All-Star teams battle Tuesday in the 81st edition of the Mid-Summer Classic at Angel Stadium. This marks

<< Yankees' owner George Steinbrenner dies
Tampa, FL (Sportsbook Betting Lines) - New York Yankees owner George Steinbrenner died Tuesday morning. He was 80 years old. "It is with profound sadness that the family of George M. Steinbrenner III announces his passing," a statement from the

<< Report: Steinbrenner suffers heart attack
Tampa, FL (Sportsbook Betting Lines) - New York Yankees owner George Steinbrenner has reportedly suffered a heart attack. According to the Tampa Tribune, emergency crews responded to Steinbrenner's home late Monday night and took him to a hospit

<< Twins stagger into All-Star break in 3rd place
MINNEAPOLIS (AP) -With a payroll swelling to nearly $100 million and a spectacular new open-air ballpark, this was supposed to be the season the Minnesota Twins took hold of the AL Central from the start and challenged the New York Yankees for the A

<< AP source: Yankees' George Steinbrenner dies at 80
NEW YORK (AP) -A person close to George Steinbrenner tells The Associated Press that the New York Yankees' owner died Tuesday morning.The person spoke on condition of anonymity because the team had not yet made the announcement.Copyright © 2005

Taylor pleads not guilty to rape charges >>
New City, NY (Sportsbook Betting Lines) - Hall of Fame linebacker Lawrence Taylor has pleaded not guilty to rape charges that were brought against him this past May. He pleaded not guilty at a Rockland County courthouse on Tuesday as he was

Steinbrenner's death casts pall over All-Star festivities >>
(Sportsbook Betting Lines) - If there was ever a baseball story that could steal the spotlight from the All-Star Game, this was it. George Steinbrenner passed away early Tuesday morning following a massive heart attack in his Tampa home. The longtime

AL West: Lee deal shakes up AL West >>
(Sportsbook Betting Lines) - We know this much is true about the Texas Rangers: on paper, they are a better ballclub than they were before Friday. When the Rangers traded for Seattle Mariners' ace Cliff Lee, they effectively complemented their potent

Habs sign Lapierre, two others >>
Montreal, QC (Sportsbook Betting Lines) - The Montreal Canadiens signed forward Maxim Lapierre to a one-year contract on Tuesday, and also signed defenseman Mathieu Carle and forward J.T. Wyman to one-year, two-way contracts. Lapierre finished his

Nets-Warriors make sign-and-trade deal for Morrow >>
EAST RUTHERFORD, N.J. (AP) -The New Jersey Nets have acquired guard Anthony Morrow in a sign and trade deal with the Golden State Warriors.The Nets say the deal was completed on Tuesday, just a day after they handed Morrow an offer sheet on a three-

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.