McCourty signs with Patriots
Football Betting Lines
07/28/2010 - Foxborough, MA (Sportsbook Betting Lines) - The New England Patriots have signed first-round draft pick Devin McCourty.
Terms of the deal for the former Rutgers cornerback were not disclosed, but the Boston Globe reported it to be a five-year pact.
The Patriots selected McCourty with the 27th overall pick in April's draft. All of New England's draft choices have now agreed to contracts.
McCourty was a First-Team All-Big East choice in 2009, finishing second on the Rutgers defense with 80 tackles to go along with 10 pass breakups and one interception. The 5-foot-10, 193-pound McCourty finished his career with the Scarlet Knights recording 238 stops and five fumble recoveries.
He had six picks during his career and also blocked seven kicks while adding a kickoff return for a touchdown on special teams.
The Patriots also released linebacker Shawn Crable, who they selected in the third round of the 2008 NFL Draft.
Crable was inactive for the first half of the 2008 season and finished the year on injured reserve, where he spent all of last season.
Kansas City, MO (Sportsbook Betting Lines) - Delmon Young hit a three-run homer and Jason Repko added a solo shot, as the Twins completed a three-game sweep of the Royals with a 6-4 win. It wasn't the same result as the past two days, when M
<< Ducks sign first-round choice Fowler
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks have signed defenseman Cam
Fowler, their first-round draft choice, to a three-year entry-level contract.
Per team policy, no financial details of the deal were released.
The 18-year-old
<< Bengals sign Dunlap
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Bengals have reportedly
signed rookie defensive end Carlos Dunlap.
The Cincinnati Enquirer is reporting that Cincinnati's second round pick has
signed for four years.
Last season w
<< Cardinals option P Salas, promote P MacDougal
Flushing, NY (Sportsbook Betting Lines) - The St. Louis Cardinals have optioned pitcher
Fernando Salas to Triple-A Memphis and recalled pitcher Mike MacDougal from
the same club.
Salas has bounced back and forth between the major and minor league
<< USA Basketball names 15 finalists for 2010 World Championship squad
Colorado Springs, CO (Sportsbook Betting Lines) - USA Basketball announced Wednesday the
15 finalists for its 2010 USA World Championship Team.
USA Basketball chairman Jerry Colangelo selected the finalists from a group
that assembled in Las Vega
Houston, TX (Sportsbook Betting Lines) - Carlos Lee slugged a pair of two-run home runs to back the solid pitching of Bud Norris in Houston's 8-1 win over Chicago to close a three-game set. Lee had his 19th career multi-homer game for the Astros,
Hendrick Motorsports >>
Promoted Marshall Carlson to president and COO.
Formula One >>
Agreed on a 10-year contract to continue the Monaco Grand Prix.
Saints sign TE Graham, QB Ramsey >>
New Orleans, LA (Sportsbook Betting Lines) - The New Orleans Saints signed tight end
Jimmy Graham and quarterback Patrick Ramsey on Wednesday.
Graham, a third-round pick out of Miami-Florida, played in 13 games for the
Hurricanes last season
Clippers re-sign Butler >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Clippers have re-signed
forward Rasual Butler, the team announced Wednesday. Terms of the deal were
not disclosed.
Butler, 31, averaged a career-best 11.9 points in 82 games for th
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.