James, Westbrook take home NBA weekly honors

Basketball Betting Lines

02/09/2010 - New York, NY (Sportsbook Betting Lines) - Cleveland Cavaliers forward LeBron James and Oklahoma City Thunder guard Russell Westbrook were named the Eastern and Western Conference Players of the Week, respectively, for the period ending February 7.

James led the league in scoring with 35.0 points per game, as the Cavaliers went 3-0. On Saturday, James set a franchise record by scoring 35 points in the first half of a win over New York. He also tied a career-high with 15 assists in a victory over Memphis on February 2.

This is James' fifth weekly award this season.

Westbrook averaged 19.7 points, 9.7 assists, 8.0 rebounds and 3.3 steals in a week where the Thunder went 3-0. In a win against Golden State on Saturday, Westbrook nearly had a quadruple-double with 21 points, 10 assists, seven rebounds and a career-high eight steals.

The second-year guard notched his first weekly award of the year and is the second consecutive Oklahoma City player to win the award, as Kevin Durant captured the honors last week.

Other nominees for the awards included Atlanta's Joe Johnson, Boston's Rajon Rondo, Charlotte's Stephen Jackson, Durant, Orlando's Dwight Howard, Philadelphia's Andre Iguodala, Phoenix's Amare Stoudemire and Utah's Andrei Kirilenko and Deron Williams.

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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 sportsbook got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.

MySportsbook.com week 1 NFL lines


Now that the 2008 NFL schedule is finally out, it is only matter-of-course for lines on “Week 1” to follow.  Of course MySportsbook.com is the first to churn out odds for the NFL’s inaugural week for the upcoming season.   Expect a lot of fireworks the first Thursday night of the season as the defending champion Indianapolis Colts face off against the surprise of the 2008 season, the New Orleans Saints.  These teams were ranked #1 and #3 in the NFL respectively a season ago so a high scoring affair could be in order.  As of now, the Colts will be giving 6 points to the Saints; keep in mind the Saints were one of the better road teams last season going 6-3 SU and 7-2 ATS.  The first Monday night of the season will again provide a “double feature”. Coming off a disappointing season, the Cincinnati Bengals will look to get back to playoffs and improve their public image as they take on the AFC North favorite Baltimore Ravens.  The second game features a couple of teams that haven’t had too much success recently but each could make some noise if the NFC is as weak as it was last year as the San Francisco 49ers host the Arizona Cardinals. The most interesting game of the opening week will feature the NFC champion Bears as they hit the road to take on the NFL’s top team during last year’s regular season, the San Diego Chargers.

MySportsbook.com Week 1 odds:

Saints +6 @ Colts -6

Falcons @ Vikings (pick ‘em)

Panthers @ Rams (pick ‘em)

Broncos -3.5 @ Bills +3.5

Chiefs -1 @ Texans +1

Dolphins +3 @ Redskins -3

Patriots -5 @ Jets +5

Eagles -3.5 @ Packers +3.5

Steelers -4 @ Browns +4

Titans +6 @ Jaguars -6

Bears +6 @ Chargers -6

Lions +3 @ Raiders -3

Bucs +6.5 @ Seahawks -6.5

Giants +4 @ Cowboys -4

Ravens +3 @ Bengals -3

Cardinals +3 @ 49ers -3

 Super Bowl line (2008)

NFC +6.5 vs. AFC -6.5

MySportsbook is a large, publicly traded company with strong financial backing. You will find their customer service is second to none and their web site is extremely user friendly and easy-to-use. All major professional sports games are available. Once you signup with MySportsbook, you may never use another online sportsbook again.

To visit this online sportsbook got to MySportsbook.com for all your football sportsbook needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.