Sedin twins headline first day of NHL free agency
Hockey Betting Lines
07/02/2009 - Philadelphia, PA (Sportsbook Betting Lines) - Wednesday marked the beginning of the NHL's free agency period, and two of the biggest players on the open market opted to stay put.
The Vancouver Canucks re-signed forwards Daniel and Henrik Sedin to new five-year contracts. The contracts are identical and worth a reported $30.5 million for each player.
Daniel and Henrik have played their entire NHL careers with the Canucks after being drafted by Vancouver second and third overall, respectively, in the 1999 NHL Entry Draft.
The twin brothers led the Canucks in scoring last season with 82 points apiece. Daniel notched 31 goals and 51 assists, while Henrik posted 22 goals and 60 helpers. Henrik's goal and point totals represented career bests.
The other big free agent moved from the Motor City to the Windy City as forward Marian Hossa signed a 12-year deal with the Chicago Blackhawks.
Terms of the deal were not disclosed, but the contract is reportedly worth an average of $5.2 million per season. Hossa made waves last summer when he turned down a multi-year offer from Pittsburgh to sign a one-year deal with the Red Wings. He inked the deal with Detroit just weeks after losing to the Red Wings as a member of the Penguins in the 2008 Stanley Cup Finals.
This year, Hossa once again found himself on the losing end of the Cup Finals as the Penguins exacted revenge for the snub by downing Detroit in seven games. Hossa has yet to win a Stanley Cup title during his 11-year NHL career.
Hossa led the Red Wings with 40 goals in 2008-09 and was third on the team with 71 points. He added 15 points (6 goals, 9 assists) in 23 playoff games. The Slovakian native has recorded 719 points (339g, 380a) in 775 career games with Ottawa, Atlanta, Pittsburgh and the Red Wings.
The New York Rangers made a big splash on the first day of free agency, inking free agent forward Marian Gaborik to a five-year contract.
TSN Canada is reporting the deal is worth $7.5 million yearly.
Gaborik has spent his entire seven-year career with the Wild, totaling 219 goals and 218 assists in 502 games. This past season, he played in only 17 games due to various injuries and posted 13 goals and 10 assists.
In his last full healthy season, 2007-08, Gaborik recorded 42 goals and 83 points through 77 games. He was originally the third overall pick of the 2000 NHL Draft.
After losing Gaborik, the Wild turned around and came to terms with right wing Martin Havlat on a six-year contract, signing him away from the Blackhawks. The Minneapolis Star-Tribune reports the deal is worth $30 million, which is the richest total contract in team history.
Last season, Havlat led Chicago with a career-high 77 points (29 goals, 48 assists), while skating in a career-best 81 games.
The Montreal Canadiens have signed forward Brian Gionta to a five-year contract and defenseman Hal Gill to a two-year deal. Financial terms of both deals were not released, though Canada's TSN reported Gionta's deal is worth $25 million and Gill will make $4.5 million over the span of his contract.
Gionta, 30, had spent his entire seven-year career with New Jersey after the Devils selected him in the third round of the 1998 draft.
In 473 career games, Gionta has posted 152 goals and 160 assists. Last season he had 20 goals and 40 assists in 81 contests.
Gill, 34, spent last season with the Pittsburgh Penguins and had two goals and eight assists in 62 regular season games. He also added two assists in the playoffs, helping the Penguins win the Stanley Cup.
In 851 games over 11 NHL seasons with Boston, Toronto and Pittsburgh, Gill has recorded 31 games and 120 assists, and accumulated 800 penalty minutes.
The Florida Panthers re-signed forward David Booth to a six-year contract reportedly worth a total of $25.5 million.
Booth, a 24-year-old winger, had a breakout season in 2008-09, setting career- highs in goals (31), assists (29), points (60) and penalty minutes (38) while playing in 72 games with the Panthers. He led Florida in goals and was second on the club in points.
Booth was originally selected by Florida with the 53rd overall pick in the 2004 NHL Entry Draft and has recorded 56 goals and 54 assists in 193 career games with the Panthers.
The Carolina Hurricanes agreed to terms with forward Erik Cole on a two-year contract that will pay him a total of $5.8 million. Cole, 30, will make $2.8 million in 2009-10 and $3 million in 2010-11.
Cole was traded last offseason from Carolina to Edmonton, but returned to the Hurricanes in a March 4 trade that also included Los Angeles. Last season, for the Oilers and 'Canes, Cole netted 18 goals and registered 24 assists in 80 games. For his career with Carolina and Edmonton, Cole has recorded 147 goals and 322 points in 498 games.
The Anaheim Ducks agreed to a one-year contract with veteran defenseman Scott Niedermayer. The team announced last week that Niedermayer would be coming back for the 2009-10 campaign.
Niedermayer posted 14 goals and 59 points while playing in all 82 games for the Ducks a season ago. A four-time Stanley Cup champion, the venerable backliner helped lead the Ducks to their only Stanley Cup championship in 2007, winning the Conn Smythe Trophy as the most valuable player.
Since making his NHL debut in 1991-92, Niedermayer has scored 162 goals and accumulated 530 assists with New Jersey and Anaheim. He is also the only player in hockey history to have won a Stanley Cup, Olympic Gold Medal, World Championship, World Cup, Memorial Cup and World Junior title.
The Edmonton Oilers signed goaltender Nikolai Khabibulin to a four-year contract worth $15 million.
The 36-year-old netminder had a record of 25-8-7 with a 2.33 goals against average to go along with a .919 save percentage in 42 games with the Chicago Blackhawks last season. In 15 playoff games, he was 8-6 with a 2.93 goals against average and a .898 save percentage.
Other notable free agent signings on Wednesday saw goaltender Dwayne Roloson sign with the Islanders, goaltender Craig Anderson heading to Colorado, fighting forward Colton Orr sign with Toronto, Donald Brashear taking his fighting skills to the New York Rangers, defenseman Mattias Ohlund heading to Tampa Bay, forward Mike Knuble signing with Washington and defenseman Jaroslav Spacek and forward Mike Cammalleri heading to Montreal.
Bronx, NY (Sportsbook Betting Lines) - New York Yankees outfielder Xavier Nady will undergo ligament replacement surgery on his right elbow next Wednesday. The Tommy John surgical procedure will be performed by Dr. Lewis Yocum. "I'm extremely disa
<< Montreal beats Calgary in Grey Cup rematch
Calgary, AB (Sportsbook Betting Lines) - Chip Cox returned a fumble 81 yards for a
touchdown late in the fourth quarter, sealing Montreal's 40-27 win over
Calgary in the season opener for both teams, a rematch of last year's Grey Cup
matchup
<< Moehler, Astros dominate Padres
San Diego, CA (Sportsbook Betting Lines) - Veteran Brian Moehler, largely ineffective so
far this season, pitched six solid innings of one-run ball and a three-run
throwing error by Chase Headley opened the floodgates, as Houston buried San
Diego,
<< Wild land Havlat
St. Paul, MN (Sportsbook Betting Lines) - On the same day they lost forward Marian
Gaborik to free agency, the Minnesota Wild made a big splash by coming to
terms with right wing Martin Havlat on a six-year contract.
The Minneapolis Star-T
<< Blalock's HR in ninth lifts Rangers over Angels
Arlington, TX (Sportsbook Betting Lines) - Hank Blalock went 3-for-5 with a pair of home
runs, including a two-run blast in the bottom of the ninth inning, to lift the
Rangers past the Angels, 9-7, in the rubber match of a three-game series.
After th
Charlotte, NC (Sportsbook Betting Lines) - A federal judge lifted the NASCAR-imposed suspension on driver Jeremy Mayfield Wednesday, allowing him to race again, possibly as soon as this weekend at Daytona International Speedway. "This is huge for us.
Mets head to Pittsburgh for makeup with Bucs >>
(Sportsbook Betting Lines) - Before the New York Mets begin a critical three-game set in
Philadelphia this weekend, they must first play a makeup game in the Keystone
State against the Pittsburgh Pirates today at PNC Park.
Today's contest was original
Astros go for series win at Petco >>
(Sportsbook Betting Lines) - The Houston Astros shoot for a series win this afternoon
over the San Diego Padres at Petco Park, where the two ballclubs will wrap up
a four-game set.
Houston has won five of its last seven games, including two of the fir
Cubs, Brewers to begin key NL Central series >>
(Sportsbook Betting Lines) - If the Chicago Cubs are going to win a third straight
National League Central title, they are going to have to pick it up
offensively. This weekend would be a good time to get it going, as they return
home for the start of a
Braves hope to break out the brooms against Phils >>
(Sportsbook Betting Lines) - The Atlanta Braves are gradually working their way up the
NL East standings and will try to extend their winning streak to a season-high
four straight games tonight in the finale of a three-game series versus the
Philadelphia
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 sportsbook got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
Betting Football
NFL Football Betting OnlineIs there such a thing as a trap game in the NFL?
I once asked that question to Pete Korner, who at the time was office manager and a senior linesmaker for Las Vegas Sports Consultants.
Korner almost ripped my head off. There is no such thing as a trap game, he loudly berated me. It’s a myth. The numbers are made using power ratings, he said.
There are trap games, though. They just might not be what you think. The perception is of a good team, say Philadelphia, laying a small number against New Orleans.
Using the highly-respected power ranking from The Gold Sheet, you’d find the Eagles with a power rating of 4 and the Saints at 8. When you factor the game being played in New Orleans, you could see why the line opened so short at less than a field goal.
For some, this makes it enticing to take the Eagles. That’s not a real trap game, though.
A real trap game, says professional gambler Dave Malinsky, is thinking you’re getting value betting a bad team, which brings us to the Oakland Raiders-Denver Broncos matchup.
The Raiders are +15 in this long-standing division rivalry. Denver is on a short week having dispatched Baltimore Monday. However, the Raiders haven’t covered the spread their last 10 games.
Many bettors don’t trust the Raiders to give a full effort. Few think much of Art Shell and his Oakland’s coaching staff.
So oddsmakers have to do something to make Oakland attractive if they hope to get equal action.
Now Malinsky is a value shopper. But he won’t touch the Raiders even getting more than two touchdowns.
“I try to eliminate the undisciplined, unfocused teams because they’re the ones most likely to suffer the bad beats,” he said.
Near the top of Malinsky’s list of stay-away teams is the Miami Dolphins, who have yet to cover a spread this season.
“Whatever you think of Nick Saban, you have to look at the penalties and turnovers,” Malinsky said.
It’s easy to point out the Dolphins failed to get the money this past week against New England because Olindo Mare missed a field goal and had another field goal blocked. But even though the Dolphins outgained the Patriots, 283-213, they committed eight penalties.
Bad teams not only cost themselves victories, but pointspread covers as well. The Arizona Cardinals and Green Bay Packers are two more examples.
The Cardinals couldn’t have been in a better position this past Sunday, up 14-0 at home against a mediocre Kansas City Chiefs squad. But they couldn’t hold it. The Packers got a push against St. Louis, but also could have won losing by three when Brett Favre fumbled at the St. Louis 11-yard line with 44 seconds left.
“The Packers were in a position to beat Philadelphia, too,” Malinsky said. “But they couldn’t even cover double digits.
“These teams just make mistakes and it costs you … they always will look good from a value standpoint. They really will. But that’s the trap.”
Houston and Tennessee rank among the six-worst teams. Malinsky wouldn’t be afraid to take either of these teams, however, if the price were high enough.
The Texans are bad, Malinsky said, but they have some discipline. The Titans showed they could not only come up with an outstanding game plan, but execute it as well, losing by one to the Colts on the road as an 18 ?-point underdog this past Sunday.
“Jeff Fisher is a worker,” Malinsky said of the Titans coach. “I’m not sure how hard Art Shell wants to work when he gets out of bed.”
Fisher, though, could be out as Tennessee coach after this season. Is he still worth backing in the right spot, with the right price, as a lame duck coach?
“It’s in his nature to keep working hard and not worry about any possible lame duck status,” Malinsky said. “He’s coaching for his resume.”
Note: Monday night game will be picked Monday. Lines used are from football betting lines.