Basketball Betting








 

Basketball Betting


NFL Football
NCAA Football
NCAA Basketball
MLB Baseball
NHL Hockey
Soccer
Auto
Horse Racing
Golf
Tennis
 

NBA Basketball Betting

Report: Knicks agree with PG Felton

Basketball Betting Lines

07/09/2010 - New York, NY (Sportsbook Betting Lines) - The New York Knicks have reportedly come to terms on a multi-year contract with point guard Raymond Felton.

According to the New York Daily News, the three-year deal could be worth $25 million for the five-year veteran.

The Knicks were looking for a point guard after Chris Duhon signed with the Orlando Magic earlier in the week.

Felton played in 80 games for Charlotte last season and averaged 12.1 points, 5.6 assists and 3.6 rebounds in helping the team reach the postseason for the first time in its existence.

The North Carolina product has spent his entire career with the Bobcats and has averaged 13.3 points, 6.4 assists and 3.4 rebounds per contest over 399 games, including 369 starts.


<< Stockton takes lead at Dakota Dunes
Saskatoon, SK (Sportsbook Betting Lines) - Brady Stockton shot an eight-under 64 to take the midway lead Friday at the Canadian Tour's Dakota Dunes Casino Open. Stockton, a 30-year-old from Arizona, completed two rounds on the Dakota Dunes course wit

<< Buehrle, Pierzynski carry White Sox over Royals
Chicago, IL (Sportsbook Betting Lines) - Mark Buehrle spun seven scoreless frames and A.J. Pierzynski hit two home runs and drove in a season-high four runs to power the White Sox to an 8-2 victory over Kansas City in the opener of a three-g

<< Wainwright dominant as Cardinals blank Astros
Houston, TX (Sportsbook Betting Lines) - Adam Wainwright turned in eight scoreless innings while Albert Pujols collected two hits, including a two-run shot, and drove in three as St. Louis downed Houston, 8-0, in the first of three between

<< Isles ink D Reese
Uniondale, NY (Sportsbook Betting Lines) - The New York Islanders have come to terms on a one-year, two-way contract with defenseman Dylan Reese. The 25-year-old played in 19 games last season for the Isles and had two goals and a pair of assist

<< Red Sox go on the offensive in rout of Blue Jays
Toronto, ON (Sportsbook Betting Lines) - Bill Hall finished 3-for-4 with a pair of doubles, a two-run homer and drove in four as Boston torched Toronto, 14-3, in the opener of a three-game set from Rogers Centre. Mike Cameron went 3-for-4 with

Bosh arrives in Miami via sign-and-trade >>
Miami, FL (Sportsbook Betting Lines) - Chris Bosh officially joined the Miami Heat Friday night via sign-and-trade with the Toronto Raptors. The Raptors acquired two first-round draft picks and a trade exception from the Heat to facilitate th

Braun delivers in extras to end Brewers skid >>
Milwaukee, WI (Sportsbook Betting Lines) - Ryan Braun lined an opposite-field single over Ryan Church's head in right field to score Rickie Weeks with the game- winning run in the 10th inning, as the Brewers earned a 5-4 comeback win over the Pir

Busch denies Logano second straight Nationwide win at Chicago >>
Joliet, IL (Sportsbook Betting Lines) - Kyle Busch had the dominant car, but needed a little bit of luck at the end to win Friday's Dollar General 300 Nationwide Series race at Chicagoland Speedway. Despite leading a race-high 110 laps, Busc

Argos edge Blue Bombers >>
Winnipeg, MB (Sportsbook Betting Lines) - Cleo Lemon threw for 162 yards and ran for a touchdown as he helped lead the Toronto Argonauts to a thrilling 36-34 win over the Winnipeg Blue Bombers at Canad Inns Stadium. Also putting together a str

Orioles C Wieters leaves after injury >>
Arlington, TX (Sportsbook Betting Lines) - Baltimore Orioles catcher Matt Wieters left Friday's game against the Texas Rangers after stumbling while running the bases. Wieters was seen limping to third on a Scott Moore double and was forced o

It's less than a month until the NHL hockey betting season opens at MySportsbook.com and preparations are underway for another battle in the race to hoist Lord Stanley's mug in 2007.

As cup crazy fans prepare to place their bets, one online sportsbook ,MySportsbook.com, is offering hockey betting lines on the 2007/2007 Stanley Cup , who will bring it home this upcoming season.

Despite a poor showing in last season's playoffs and the loss of Steve Yzerman to retirement, the Detroit Red Wings are early favourites at this online sportsbook with wagering odds of 6-1. The Wings will look to offensive powerhouse Pavel Datsyuk and newly appointed captain Nicklas Lidstrom to lead one of the league's most prominent franchises.

Always a threat are the Ottawa Senators, with newly acquired goaltender Martin Gerber from the Stanley Cup champion ,Carolina Hurricanes. The Sens are second best in the rankings at a 7-1 bet, and odds makers at this sportsbook are optimistic that the Ottawa squad will fare better than last season's Eastern Conference semi-final upset to the Buffalo Sabres.

Also worth noting are the defending Stanley Cup champs Carolina Hurricanes, a 10-1 bet to repeat. Behind the Canes are the New Jersey Devils, Calgary Flames, Buffalo Sabres, Philadelphia Flyers, and Anaheim Mighty Ducks all sit at 12-1. In the basement are the Washington Capitals, Chicago Blackhawks, and St. Louis Blues who all have 100-1 odds to win.

To visit this online sportsbook got to MySportsbook.com for all your hockey betting needs.

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.