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Celtics roll the dice with West

Basketball Betting Lines

09/02/2010 - Philadelphia, PA (Sportsbook Betting Lines) - The Miami Heat may have dominated the offseason headlines, but the Boston Celtics are still the top dogs in the East.

After taking the Los Angeles Lakers to seven games in the NBA Finals last season, the veteran-laden Celtics could have gone in two different directions. Coach Doc Rivers' contract was up, while veteran sharpshooter Ray Allen was a free agent and All-Star forward Paul Pierce could have opted out of his deal.

Basketball chief Danny Ainge could have pulled the plug and got started on the inevitable rebuilding process, or convinced the band to get back together to take one more stab at capturing the franchise's 18th NBA championship.

Ainge made his decision, booked the Hard Rock and convinced Rivers to return, while re-signing Allen and securing a still formidable but declining Pierce for another four seasons.

With his core four of Allen, Pierce, Kevin Garnett and Rajon Rondo back in the fold, Rivers certainly knows he has a contender but his club has already forfeited the make-believe mantle of favorite in the much-improved East. That now belongs to Pat Riley and the Heat, who brought in LeBron James and Chris Bosh to play alongside Dwyane Wade.

To fend off the Heat and solve the Lakers puzzle, the C's needed to sure up a shaky bench. Ainge has brought in veteran big men Shaquille O'Neal and Jermaine O'Neal to hold down the fort in the middle while Kendrick Perkins recovers from tearing the medial collateral and posterior cruciate ligaments in his right knee during Game 6 of The Finals.

Meanwhile, his latest move was bringing back troubled veteran guard Delonte West, the 24th overall by the Celtics back in 2004.

The 27-year-old West, who signed a non-guaranteed deal, spent the last two- plus years in Cleveland with James but was limited to 35 games in 2009-10 and 64 games a year earlier while dealing with an array of personal problems that included depression, along with legal issues stemming from an arrest on weapons charges in September of 2009.

After being stopped for a traffic violation while riding a 3-wheeled motorcycle, police found a Beretta pistol, .357 Magnum and a Remington 870 rifle in a guitar case West was carrying.

An underrated swing guard, West originally blamed the indiscretion on his failure to take his prescribed medication for bipolar disorder. He eventually pleaded guilty this past July to traffic and weapons charges, and was sentenced to electronic monitoring, unsupervised probation, and 40 hours of community service as well as psychological counseling.

The NBA piled on, suspending the St. Joseph's product for 10 games.

"I think we're getting Delonte at a good time in his life," Rivers wrote on Twitter. "He knows who he is now."

Rivers also understands bringing West in could go boom or bust. A healthy, well-adjusted West could provide solid minutes behind both Rondo and Allen, giving Boston one of the most impressive three-guard rotations in the league. On the other hand, a brooding, distant West could upset the balance of a delicate locker room.

"Chemistry is a delicate thing. I understand that, and I'm as cautious as anyone with it. I guarantee you, I'll be keeping my eye on it,"' Rivers told AOL FanHouse on Wednesday. "I don't know yet if we can make it work. It is going to be interesting, that's for sure."


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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.

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.

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.