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07/13/2010 - St. Louis, MO (Sportsbook Betting Lines) - Defenseman Darryl Sydor announced his retirement Tuesday after 18 seasons in the NHL.
Sydor, 38, played in 47 games for the Blues last season, posting eight assists.
"I've known Darryl for a long time and he is truly one of the classiest professionals I have seen in this league," said Blues general manager Doug Armstrong. "I wish nothing but success in the future for Darryl, his wife Sharlene and sons Parker, Braden, Dylan and Cooper."
Sydor played in 1,291 NHL games with Los Angeles, Columbus, Tampa Bay, Pittsburgh, Dallas, and St. Louis, recording 98 goals and 409 assists. His 1,291 games played currently ranks him 16th all-time among NHL defenseman.
The 6-foot-1, 211-pounder won Stanley Cups with Dallas in 1999 and Tampa Bay five years later. The Edmonton native spent most of his career in Dallas, playing nine seasons for the Stars.
Sydor, who was originally drafted by the Kings with the seventh overall pick in the 1990 NHL Entry Draft, appeared in 155 playoff games, accumulating nine goals and 47 assists.
<< Pennetta, hot Rezai, Errani move on in Palermo
Palermo, Italy (Sportsbook Betting Lines) - Top-seeded Italian favorite Flavia
Pennetta, last week's Bastad champion Aravane Rezai and 2009 Palermo runner-up
Sara Errani of the host nation posted first-round victories Tuesday at the
$220,00
<< MLS announces First XI for All-Star Game
New York, NY (Sportsbook Betting Lines) - United States star Landon Donovan highlighted
a list of four Los Angeles Galaxy players named to Major League Soccer's All-
Star First XI on Tuesday.
L.A.'s Edson Buddle, Omar Gonzalez and Donovan Ricketts
<< George Steinbrenner's best chance in Kentucky Derby
Philadelphia, PA (Sportsbook Betting Lines) - Tuesday the sports world lost one of its
most recognizable figures when a heart attack claimed the life of George
Steinbrenner. The owner of the New York Yankees passed away at the age of 80.
While best kn
<< Celtic's Boruc set to join Fiorentina
Glasgow, Scotland (Sportsbook Betting Lines) - Celtic has agreed to sell goalkeeper
Artur Boruc to Italian side Fiorentina.
The 30-year-old Poland international made more than 150 appearances since
arriving from Legia Warsaw in 2005 but
Bobcats trade Chandler to Mavericks in five-player deal >>
Charlotte, NC (Sportsbook Betting Lines) - The Charlotte Bobcats traded center Tyson
Chandler to the Dallas Mavericks on Tuesday in a five-player trade.
Along with Chandler, the Mavericks acquired center Alexis Ajinca, while the
Bobcats receiv
Spurs re-sign Bonner >>
San Antonio, TX (Sportsbook Betting Lines) - The San Antonio Spurs re-signed
center/forward Matt Bonner on Tuesday. Per team policy, terms of the deal were
not disclosed.
Bonner just finished his sixth season in the NBA and fourth with Sa
Stars sign RW Glennie >>
Frisco, TX (Sportsbook Betting Lines) - The Dallas Stars have signed right wing Scott
Glennie to a three-year, entry-level contract on Tuesday.
The eighth overall pick by Dallas in the 2009 draft, Glennie spent last season
with the Brandon Wheat
Bulls officially add Korver >>
Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls announced Tuesday they have
signed sharpshooter Kyle Korver.
Terms of the contract were not disclosed, but several days ago the Chicago
Tribune reported it was a three-year, $15 million
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.
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