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NBA salary cap set at $58.044 million

Basketball Betting Lines

07/07/2010 - New York, NY (Sportsbook Betting Lines) - The NBA has set the salary cap for the 2010-11 season at $58.044 million.

This year's cap marks a surprising increase from 2009-10, when it was $57.7 million. The current figure is higher than the $56.1 million projected in April by commissioner David Stern.

With the salary cap in place, teams can start to officially sign players and make trades at 12:01 a.m. (et) on Thursday, July 8. The tax level for teams is $70.307 million.

In addition, the mid-level exception for next season is set at $5.765 million, while the minimum team salary, which is 75 percent of the cap, is set at $43.533 million.

Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $70.307 million.

Some teams have already verbally agreed to deals with the New York Knicks set to get Amare Stoudemire, the Heat coming to terms with Dwyane Wade and Chris Bosh, and the Chicago Bulls reportedly landing Carlos boozer.

The biggest name in free agency, LeBron James, is set to announce his decision Thursday night.


<< Clippers introduce Del Negro
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Clippers introduced Vinny Del Negro as their next head coach. The team held a press conference Wednesday for the 43-year-old Del Negro, who had one season and about $2 million remaining on h

<< Cubs put RHP Schlitter on DL
Phoenix, AZ (Sportsbook Betting Lines) - The Chicago Cubs have placed right-handed pitcher Brian Schlitter on the 15-day disabled list with a right shoulder impingement. Schlitter had his contract selected by the Cubs June 26 and made thre

<< Speculation building on LeBron's decision
Akron, OH (Sportsbook Betting Lines) - The speculation has been building and on Thursday night at 9 p.m. (et), two-time reigning MVP LeBron James will disclose his decision of where he'll play next. Will he remain with the Cavaliers? Better yet,

<< Thrashers re-sign Boulton
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Thrashers re-signed forward Eric Boulton on Wednesday. Terms of the deal were not disclosed by the club, but the Atlanta Journal- Constitution reported it is for one year and worth $650,000.

<< Kings ink Cousins
Sacramento, CA (Sportsbook Betting Lines) - The Sacramento Kings signed center DeMarcus Cousins, the fifth overall pick in the 2010 draft, on Wednesday. Terms of the deal were not released. Cousins, 6-foot-11, 270 pounds, averaged 15.1 points,

Jags release DE Hayward >>
Jacksonville, FL (Sportsbook Betting Lines) - The Jacksonville Jaguars have released defensive end Reggie Hayward, who spent nearly all of the 2009 season on injured reserve. The club had just re-signed him on April 1. Hayward suffered a

Dodgers put Belisario on restricted list; re-instate Monasterios >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Dodgers placed pitcher Ronald Belisario on the restricted list Wednesday due to personal reasons. Belisario had been a lynchpin in the Dodgers bullpen, posting a 1-1 mark with a 3.79

Raiders blast media with regard to Russell issue >>
Alameda, CA (Sportsbook Betting Lines) - The Oakland Raiders issued a statement on Wednesday saying they tried to assist JaMarcus Russell prior to releasing him two months ago. He was arrested on Monday for possession of codeine syrup without

Leafs ink blueliner Lebda >>
Toronto, ON (Sportsbook Betting Lines) - The Toronto Maple Leafs have signed unrestricted free agent defenseman Brett Lebda to a two-year contract. The 28-year-old Lebda had a goal and seven assists while playing 63 games for Detroit las

Scherzer dominant as Tigers top O's >>
Detroit, MI (Sportsbook Betting Lines) - Max Scherzer threw seven solid innings as the Detroit Tigers completed a three-game sweep of the Baltimore Orioles with a 4-2 win. Scherzer (6-6) retired the first 11 batters he faced and was charged with

2007 Academy Award Betting : Oscars odds

The 79th Annual Academy Awards odds , which will air February 25th, is sparking an interest throughout the nation with the announcement of its nominees. As the public chooses their favorites, sportsbooks are creating odds for one of the biggest entertainment betting nights of the year.

Whether its at a “Oscar Party” or in an on line sportsbook, entertainment gambling on award shows represent a huge increase in betting. As the public speculation mounts, MySportsbook.com, the largest and most respected sportsbook on the web, posted odds on who is going home with a “Golden Best Friend.”

“ We see a majority of our entertainment wagers come from the Academy Awards,” said MySportsbook.com spokesperson, Tim Dalton. “This is a competition that applies to everyone. These are the people that entertain us on a daily basis and you want to see them win.”

MySportsbook.com posted the following odds for Academy Awards:

Odds to win the Achievement in Directing:

Alejandro González Iñárritu "Babel": 8/1

Martin Scorsese "The Departed": 2/17

Clint Eastwood "Letters From Iwo Jima: 4/1

Stephen Frears "The Queen": 12/1

Paul Greengrass "United 93": 15/1

Performance by an Actor in a Leading Role:

Leonardo DiCaprio in "Blood Diamond": 11/1

Ryan Gosling in "Half Nelson": 20/1

Peter O’Toole in "Venus": 16/5

Will Smith in "The Pursuit of Happyness": 16/1

Forest Whitaker in "The Last King of Scotland": 1/11

Performance by an Actress in a Leading Role:

Penélope Cruz in "Volver": 18/1

Judi Dench in "Notes on a Scandal": 15/1

Helen Mirren in "The Queen": 1/50

Meryl Streep in "The Devil Wears Prada": 10/1

Kate Winslet in "Little Children": 20/1

Best Animated Feature Film:

"Cars": 1/3

"Happy Feet": 2/1

"Monster House": 20/1

Best Foreign-Language Film of the Year:

"Water" – Canada: 22/1

"The Lives of Others" – Germany: 7/2

"After the Wedding" - Denmark: 24/1

"Days of Glory (Indigenes)" – Algeria: 23/1

"Pan's Labyrinth" - Mexico: 1/10

Odds to win the Best Live-Action Short Film:

"Binta and the Great Idea (Binta Y La Gran Idea)": 6/5

"Eramos Pocos (One Too Many)": 7/2

"Helmer & Son": 5/2

"The Saviour": 6/1

"West Bank Story": 7/2

Odds to win the Best Original Screenplay:

"Babel": 7/4

"Letters From Iwo Jima": 3/1

"Little Miss Sunshine": 21/20

"Pan's Labyrinth": 11/4

"The Queen": 5/4

Best Motion Picture of the Year:

"Babel": 11/4

"The Departed": 1/2

"Letters from Iwo Jima": 15/2

"Little Miss Sunshine": 17/10

"The Queen": 20/1

Performance by an Actor in a Supporting Role:

Alan Arkin in "Little Miss Sunshine": 11/10

Jackie Earle Haley in "Little Children": 10/1

Djimon Hounsou in "Blood Diamond": 9/1

Eddie Murphy in "Dreamgirls": 2/5

Mark Wahlberg in "The Departed": 5/1

Performance by an Actress in a Supporting Role:

Adriana Barraza in "Babel": 14/1

Cate Blanchett in "Notes on a Scandal": 11/1

Abigail Breslin in "Little Miss Sunshine": 2/1

Jennifer Hudson in "Dreamgirls": 1/8

Rinko Kikuchi in "Babel": 11/1

Film To Win Most Oscars:

Dreamgirls: 2/3

Pans Labyrinth: 6/5

The Departed: 6/1

The Queen: 11/1

Babel: 15/1

Pirates of the Caribbean: Dead Man's Chest: 11/1

Little Miss Sunshine: 15/1


Additional sports and entertainment odds can be found at: www.MySportsbook.com

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.

2007 Academy Award Betting : Oscars odds

The 79th Annual Academy Awards odds , which will air February 25th, is sparking an interest throughout the nation with the announcement of its nominees. As the public chooses their favorites, sportsbooks are creating odds for one of the biggest entertainment betting nights of the year.

Whether its at a “Oscar Party” or in an on line sportsbook, entertainment gambling on award shows represent a huge increase in betting. As the public speculation mounts, MySportsbook.com, the largest and most respected sportsbook on the web, posted odds on who is going home with a “Golden Best Friend.”

“ We see a majority of our entertainment wagers come from the Academy Awards,” said MySportsbook.com spokesperson, Tim Dalton. “This is a competition that applies to everyone. These are the people that entertain us on a daily basis and you want to see them win.”

MySportsbook.com posted the following odds for Academy Awards:

Odds to win the Achievement in Directing:

Alejandro González Iñárritu "Babel": 8/1

Martin Scorsese "The Departed": 2/17

Clint Eastwood "Letters From Iwo Jima: 4/1

Stephen Frears "The Queen": 12/1

Paul Greengrass "United 93": 15/1

Performance by an Actor in a Leading Role:

Leonardo DiCaprio in "Blood Diamond": 11/1

Ryan Gosling in "Half Nelson": 20/1

Peter O’Toole in "Venus": 16/5

Will Smith in "The Pursuit of Happyness": 16/1

Forest Whitaker in "The Last King of Scotland": 1/11

Performance by an Actress in a Leading Role:

Penélope Cruz in "Volver": 18/1

Judi Dench in "Notes on a Scandal": 15/1

Helen Mirren in "The Queen": 1/50

Meryl Streep in "The Devil Wears Prada": 10/1

Kate Winslet in "Little Children": 20/1

Best Animated Feature Film:

"Cars": 1/3

"Happy Feet": 2/1

"Monster House": 20/1

Best Foreign-Language Film of the Year:

"Water" – Canada: 22/1

"The Lives of Others" – Germany: 7/2

"After the Wedding" - Denmark: 24/1

"Days of Glory (Indigenes)" – Algeria: 23/1

"Pan's Labyrinth" - Mexico: 1/10

Odds to win the Best Live-Action Short Film:

"Binta and the Great Idea (Binta Y La Gran Idea)": 6/5

"Eramos Pocos (One Too Many)": 7/2

"Helmer & Son": 5/2

"The Saviour": 6/1

"West Bank Story": 7/2

Odds to win the Best Original Screenplay:

"Babel": 7/4

"Letters From Iwo Jima": 3/1

"Little Miss Sunshine": 21/20

"Pan's Labyrinth": 11/4

"The Queen": 5/4

Best Motion Picture of the Year:

"Babel": 11/4

"The Departed": 1/2

"Letters from Iwo Jima": 15/2

"Little Miss Sunshine": 17/10

"The Queen": 20/1

Performance by an Actor in a Supporting Role:

Alan Arkin in "Little Miss Sunshine": 11/10

Jackie Earle Haley in "Little Children": 10/1

Djimon Hounsou in "Blood Diamond": 9/1

Eddie Murphy in "Dreamgirls": 2/5

Mark Wahlberg in "The Departed": 5/1

Performance by an Actress in a Supporting Role:

Adriana Barraza in "Babel": 14/1

Cate Blanchett in "Notes on a Scandal": 11/1

Abigail Breslin in "Little Miss Sunshine": 2/1

Jennifer Hudson in "Dreamgirls": 1/8

Rinko Kikuchi in "Babel": 11/1

Film To Win Most Oscars:

Dreamgirls: 2/3

Pans Labyrinth: 6/5

The Departed: 6/1

The Queen: 11/1

Babel: 15/1

Pirates of the Caribbean: Dead Man's Chest: 11/1

Little Miss Sunshine: 15/1


Additional sports and entertainment odds can be found at: www.MySportsbook.com

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.