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07/07/2010 - Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes have brought back defenseman Joe Corvo with a two-year contract.
The pact will pay Corvo $2 million in 2010-11 and $2.5 million in 2011-12. The veteran blueliner was dealt to the Capitals at last year's trade deadline for defenseman Brian Pothier, forward Oskar Osala and a 2011 second-round draft pick.
Corvo spent the equivalent of nearly two seasons in Carolina after being acquired from Ottawa late in the 2007-08 season. During that time he racked up 25 goals and 46 assists while posting a minus-three rating over 138 games.
"Joe has been a really good player for us over the last three seasons, and we feel that this solidifies our defense," said Carolina president and general manager Jim Rutherford. "We appreciate him working with us to get this deal done. He said that he really wanted to stay in Carolina and this commitment confirms that."
Corvo potted two goals and added four assists for the Caps in 18 regular- season games after the trade, then recorded a goal and an assist in the playoffs as Washington was eliminated in seven games in the first round by Montreal.
The Oak Park, Illinois native totaled six goals and 12 assists in 52 regular- season games in 2009-10, missing 28 games from December to February after being cut on the right leg by a skate in a game on November 30.
The 33-year-old has skated in 486 career NHL contests, registering 68 goals and 150 assists with a plus-39 rating for the Kings, Senators, Hurricanes and Capitals.
<< Rose, Fowler, Watson in...Kim and Toms out at British Open
St. Andrews, Scotland (Sportsbook Betting Lines) - Fresh off his second PGA Tour win of
the season at the AT&T National, Justin Rose earned a spot in the 150th
staging of the Open Championship at the Old Course at St. Andrews.
Rose, who b
<< Tough times continue at Turfway Park
Florence, KY (Sportsbook Betting Lines) - In an effort to maintain daily purses equal to
last year's, Turfway Park president Robert N. Elliston announced Wednesday
that the track has asked the Kentucky Horse Racing Commission to approve a
request
<< In the FCS Huddle: Bucknell's Susan making up for lost time
Philadelphia, PA (Sportsbook Betting Lines) - That Bucknell's football team is
undergoing change with a new head coach basically coincides with the clock in
the Bison's locker room, which is counting down the days, hours, minutes and
seconds to their sea
<< 2010 FBS Positional Analysis: Wide Receivers
Philadelphia, PA (Sportsbook Betting Lines) - They are often the brashest of players,
but it seems these days those who play with a swagger elevate their game and
by nature their teams to new heights. Whether they go by wide receiver,
flanker or any othe
Report: Former Sharks G Nabokov heading to Russia >>
Toronto, ON (Sportsbook Betting Lines) - Multiple media outlets are reporting that
former San Jose Sharks goaltender Evgeni Nabokov has signed to play in Russia.
TSN.ca is reporting Nabokov signed with SKA St. Petersburg of the Kontinental
Hock
Pirates acquire P Gallagher from Padres >>
Houston, TX (Sportsbook Betting Lines) - The Pittsburgh Pirates acquired reliever Sean
Gallagher from the San Diego Padres on Wednesday for cash considerations.
The right-handed Gallagher has spent four seasons in the majors and in the
2010 cam
Puyol's header powers Spain past Germany and into final >>
Durban, South Africa (Sportsbook Betting Lines) - Carles Puyol's 73rd-minute header was
enough for Spain to claim a 1-0 win over Germany at Moses Mabhida Stadium on
Wednesday in a FIFA World Cup semifinal.
The win allows Spain to reach its first
White Sox put Peavy on DL >>
Chicago, IL (Sportsbook Betting Lines) - The Chicago White Sox have placed right-hander
Jake Peavy on the 15-day disabled list with a detached latissimus dorsi muscle
in his right posterior shoulder.
Peavy came down with the injury during Tuesday
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.
Huskers' Lucky hospitalized for undisclosed reason
LINCOLN, Neb. -- Nebraska running back Marlon Lucky was hospitalized Monday for undisclosed reasons after Lincoln police responded to a call at his residence.
The Nebraska athletic department said in a release Monday that Lucky was admitted Sunday night.
MySportsbook.com has the Cornhuskers listed at +2500 to win the BCS National Championship odds.
A nursing supervisor at the hospital said all questions about Lucky were being referred to the athletic department. The athletic department said there would be no further comment from the department or Lucky's family.
A Lincoln Police spokesman said officers responded to a call at Lucky's residence 11:30 p.m. Sunday. The spokesman said he didn't know Lucky's condition at the time he was taken to the hospital.
Lucky, from North Hollywood, Calif., started six games last season as a sophomore and was the team's second-leading rusher, with 728 yards and six touchdowns. He also caught 32 passes for 383 yards. He averaged 19.1 yards on eight kickoff returns.
To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.
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