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07/15/2010 - Washington, DC (Sportsbook Betting Lines) - Cleveland Cavaliers guard Delonte West pled guilty to weapons and traffic charges stemming from his arrest last September, according to a report in the Washington Post.
The judge in Prince George's County Circuit Court sentenced West to eight months of electronic monitoring and home detention, two years of probation, 40 hours of community service and psychological counseling. He will be allowed to attend practices, home games and away games, the paper said.
West was indicted on two counts of carrying a dangerous weapon, two counts of carrying a handgun, two counts of transporting a handgun, one count of reckless driving and one count of negligent driving.
West, 26, faced up to three years in jail for each weapons charge and a $2,500 fine per offense.
In September, he was arrested following a traffic stop on his motorcycle for allegedly carrying a 8.5-inch Bowie-style knife, a 9mm Beretta, a Ruger .357 and a shotgun inside a guitar case that was hanging on his back.
During the 2008-09 season, West left the Cavaliers during training camp to be treated for what he later said was bipolar disorder, according to The Cleveland Plain Dealer at the time.
The St. Joseph's product, a six-year pro, missed the first three games of the 2009-10 season before returning and averaging 8.8 points and 3.3 assists in 60 regular season games for the club.
<< Braves place LHP O'Flaherty on DL, recall Dunn
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Braves placed left-handed reliever
Eric O'Flaherty on the 15-day disabled list on Thursday with a viral
infection.
O'Flaherty has been a stalwart out of the Atlanta bullpen this s
<< Mariners sign P Wright among roster moves
Seattle, WA (Sportsbook Betting Lines) - The Seattle Mariners signed free agent pitcher
Jamey Wright on Thursday, one of three roster moves made by the club.
Pitcher Chris Seddon also had his contract selected from Triple-A Tacoma,
while pitche
<< All eyes on Colangelo, Bargnani
Toronto, Canada (Sportsbook Betting Lines) - With a hot summer in full swing, it's no
surprise that Bryan Colangelo has been busy working up a sweat.
After sending Chris Bosh to the Miami Heat in a sign-and-trade deal that netted
the Toronto Raptors
<< Islanders sign Kohn
Bridgeport, CT (Sportsbook Betting Lines) - The New York Islanders signed defenseman
Dustin Kohn to a one-year, two-way contract.
Kohn appeared in 22 games with the Islanders last season, his first in the
NHL. He totaled four assists in those
Rezai, Errani land in Palermo quarters >>
Palermo, Italy (Sportsbook Betting Lines) - Hot Frenchwoman Aravane Rezai and
former champion and 2009 runner-up Sara Errani recorded second-round victories
Thursday at the $220,000 Palermo International tennis tournament.
The second-seede
Browns' Rogers to enter diversion program, avoid trial >>
Cleveland, OH (Sportsbook Betting Lines) - Browns defensive lineman Shaun Rogers will
enter a diversion program and avoid trial after carrying a concealed weapon
through security at Cleveland Hopkins International Airport, according to a
report
Beltran (finally) returns for Mets >>
San Francisco, CA (Sportsbook Betting Lines) - The New York Mets will get a much-needed
boost on Thursday when they welcome back perennial All-Star outfielder Carlos
Beltran from the 60-day disabled list.
Beltran has not seen the field for the
McIlroy's 63 ties record; Woods four back >>
St. Andrews, Scotland (Sportsbook Betting Lines) - Rory McIlory has gone lower in his
career, just not in a major championship.
On Thursday at the British Open, McIlroy matched the lowest round in major
championship history with a nine-under
With all the style and sex appeal of Las Vegas, MySportsbook.com is without a doubt the coolest online sportsbook on the Internet.
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Throughout MySportsbook, visitors and members are treated to informative sports news and sports betting stats Sports matchup reports and sports betting trends as well as entertaining columns written by colorful personalities.
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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.
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