Oilers ship Staios to Flames

Hockey Betting Lines

03/03/2010 - Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers acquired defenseman Aaron Johnson and a third-round draft pick from the Calgary Flames in exchange for veteran rearguard Steve Staios.

Johnson appeared in 22 games this season for the Flames, collecting a goal and two assists.

Staios, meanwhile, recorded seven assists in 40 games with the Oilers. He has 52 goals and 199 points in 879 career games with Boston, Vancouver, Atlanta and Edmonton.

Cbsspoetsline Hockey Betting News

<< Thrashers acquire F MacArthur from Sabres
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Thrashers acquired forward Clarke MacArthur from the Buffalo Sabres for third and fourth-round picks in the 2010 draft on Wednesday. MacArthur, a third-round selection by Buffalo in th

<< Caps re-acquire D Jurcina
Arlington, VA (Sportsbook Betting Lines) - The Washington Capitals made another depth move on Wednesday, re-acquiring defenseman Milan Jurcina from the Columbus Blue Jackets in exchange for a 2010 conditional draft pick. Jurcina, who was ship

<< Oilers, Ducks swap defensemen
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers acquired defenseman Ryan Whitney from the Anaheim Ducks in exchange for defenseman Lubomir Visnovsky on Wednesday. In his first full season with the Ducks, Whitney posted four goals

<< Ducks receive G MacDonald from Leafs
Anaheim, CA (Sportsbook Betting Lines) - The Anaheim Ducks acquired goaltender Joey MacDonald from the Toronto Maple Leafs in exchange for a 2011 seventh-round draft pick. MacDonald has spent most of the 2009-10 campaign with the Toronto Mar

<< Gotham Stakes attracts 10 three-year-olds
Ozone Park, NY (Sportsbook Betting Lines) - A field of 10 Kentucky Derby hopefuls has been entered for Saturday's $250,000 Gotham Stakes at Aqueduct. The 1 1/16- mile Gotham is the final local prep before the $750,000 Wood Memorial on April 3

Bears tender contracts to eight players >>
Lake Forest, IL (Sportsbook Betting Lines) - The Chicago Bears tendered contract offers to eight free agents on Wednesday. One-year deals were tendered to restricted free agent linebackers Nick Roach and Jamar Williams, defensive end Mark

Blue Jackets send Modin to Kings >>
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets traded veteran forward Fredrik Modin to the Los Angeles Kings in exchange for a 2010 seventh- round draft pick. It has been an injury-plagued campaign for the Swede, who has

St Trinians tries boys in Saturday's Big 'Cap >>
Arcadia, CA (Sportsbook Betting Lines) - The 73rd running of the $750,000 Santa Anita Handicap (Big 'Cap) at Santa Anita Park has attracted 13 males and one female. The 14 thoroughbreds will be asked to run 1 1/4-miles Saturday on Santa Anita's

Boyd lands in Nashville >>
Nashville, TN (Sportsbook Betting Lines) - The Nashville Predators acquired forward Dustin Boyd from the Calgary Flames in exchange for a 2010 fourth-round draft pick. The 23-year-old Boyd has compiled eight goals and 11 assists in 60 games fo

Braves bring final 11 under contract >>
Lake Buena Vista, FL (Sportsbook Betting Lines) - The Atlanta Braves agreed to terms with the final 11 players on their 40-man roster Wednesday. One-year contracts have been granted to right-handers Jair Jurrjens, Kris Medlen and Luis Valdez

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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.

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