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<< Chiefs pick up DB McCarthy
Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Chiefs have signed free agent defensive back Kyle McCarthy, the team announced Tuesday. The 25-year-old McCarthy went undrafted out of Notre Dame, but was signed as a free agent by

<< Hurricanes' Ruutu to miss time with upper-body injury
Raleigh, NC (Sportsbook Betting Lines) - Carolina Hurricanes forward Tuomo Ruutu is expected to miss three weeks with an upper-body injury. Ruutu suffered the injury, revealed by an MRI, in the first period of Monday night's game in Montreal.

<< B's reward Boychuk with 3-year extension
Boston, MA (Sportsbook Betting Lines) - The Boston Bruins on Tuesday signed defenseman Johnny Boychuk to a three-year contract extension through the 2014-15 season. The 28-year-old Boychuk is in the midst of his second full season with the Bruin

<< Bulls ink Mike James to 10-day contract
Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls signed guard Mike James to a 10-day contract on Tuesday. Per team policy, the terms of the contract were not disclosed. James has appeared in three games for the Bulls this season, aver

Notre Dame rolls over Providence >>
South Bend, IN (Sportsbook Betting Lines) - Skylar Diggins and Devereaux Peters scored 19 points apiece to lead fourth-ranked Notre Dame past Providence, 66-47, at Purcell Pavilion. Peters added a game-high 11 rebounds and Diggins dished out sev

Kovalchuk, Brodeur lead Devils over Sabres >>
Buffalo, NY (Sportsbook Betting Lines) - Ilya Kovalchuk posted his 12th career hat trick with an assist and Martin Brodeur made 29 saves as New Jersey topped Buffalo, 4-1, on Tuesday. Petr Sykora scored the other goal while Adam Herique added two ass

Anderson, Spezza lift Sens over Lightning >>
Tampa, FL (Sportsbook Betting Lines) - Craig Anderson made 28 saves en route to his second shutout of the season, while Jason Spezza recorded his fourth career hat trick as the Ottawa Senators took a 4-0 decision over the Tampa Bay Lightni

Heat down Pacers for third win in as many nights >>
Indianapolis, IN (Sportsbook Betting Lines) - Entering this lockout-shortened season, many expected games on consecutive nights to wear down even the league's most athletic players. Not so for the Heat on Tuesday. LeBron James netted 23 point

Horse Betting

(This is an update of a sportsbook for the May 4th issue of ESPN The Magazine).

The Kentucky Derby's post-position draw happened on Wednesday. And, as is always the case, shortly afterwards, a buzz raced around Churchill Downs. It was a low rumble at first, nothing that the squares in the mint julep crowd pick up right away. But by the time the sun set over the twin spires, the chatter was impossible to ignore. Everyone -- sharps, trainers, owners -- was talking about one thing: the wise guy horse, the pre-draw long shot us mopes didn't have on our radar until it was too late.

"You think you're hearing the scoop," says handicapper Lane Gold. "Then you get to the window, the odds are short, and you missed it."

Recognizing a wise-guy horse early is as hard as picking a Derby bonnet. That's because handicappers don't like hype (see ya, I Want Revenge). They want Thoroughbreds who look good losing prep races like the Santa Anita Derby. They eye horses who ate up the field after starting wide or made an easy transition from synthetic tracks to dirt. They look for ponies who showed muscle gain race to race and those who ran hard after several weeks' rest.

"A wise guy," says John Avello, a bookmaker at Wynn Las Vegas, "looks for a horse who can improve."

When I first wrote Horse Betting for The Mag, which I turned in a three weeks before Wednesday's draw, I predicted these three horses had wise guy potential:

CHOCOLATE CANDY (15-1 in mid-April, currently 20-1 according to Avello): His second-place finish at Santa Anita, following a seven-week layoff, proved two things: He can run after resting, and -- by losing a high-profile prep race -- he wouldn't be overhyped.

DESERT PARTY (15-1; 15-1): He was upset in the UAE Derby by a horse he had beaten twice. The public remembers his loss, but the wise guys his wins.

PIONEEROF THE NILE (8-1; 4-1): The big favorite at Santa Anita struggled to win, so he initially got less hype than Quality Road and I Want Revenge.

You may have noticed that the odds on Pioneerof the Nile have been cut in half, from 8-1 to 4-1. Which means the wise guys took a shine to him long before the post-position draw. But, to be honest, this is one of those years with four elite horses getting everyone's attention, squares and sharps alike.

"You're not gonna get a lot of chatter about a horse that isn't in that group, which includes Pioneer, I Want Revenge, Dunkirk and Friesan Fire," Avello told me Wednesday. "We don't have a group of horses behind those top four who look like real legit contenders."

Come Derby week, the final two elements in picking a wise guy horse are how he's working out and what gate he's coming out of.

(By the way, picking a Preakness favorite is a whole different bale of hay, partially based on how horses finish in the Derby. You can see my analysis of who has the best shot at Pimlico on Insider Sunday morning.)

Well, early in the week I Want Revenge, Pioneerof the Nile and Friesan Fire were working out better than anyone. Some thought Friesan Fire, currently 6-1, might have run too fast, burning a five-furlong run in :57 4/5. "When you are running that fast you have the sense that it took something out of him," says Gold. "The Derby is longer than any horse has run, and if they need that extra surge you worry they won't have it because they burned it in the workout."

But, Gold points out, Friesan Fire's trainer is Larry Jones, Two years ago his horse Hard Spun did a five-eighths workout in :57 3/5 and then went on to finish second, behind Street Sense, in the Derby. "Every trainer has different methods," says Gold. "And clearly he knows what he's doing."

Now, as for starting position, Gold says to remember this: Churchill Downs traditionally has 14 starting gates. For the Derby, it brings out auxiliary gates and between the original 14th gate and the new 15th gate, there is a little more space than there is between gates 1-14. "That 15 position will give you a precious second or two to sort out what's happening to your inside," says Gold. "Sixteen is also okay because you can follow the horse in front of you."

Dunkirk, one of the race favorites, is coming out of gate 15. In 16 is Baffert's Pioneerof the Nile. I Want Revenge drew 13, where Smarty Jones won from in 2004, and Friesan Fire picked the sixth position. "He doesn't have a lot of speed to the inside of him," says Gold. "So he will get a clear shot to be near the front."

All the jibber-jabber means this: Pioneerof the Nile has leapfrogged from 8-1 to being the second favorite, along with Dunkirk, behind I Want Revenge. Meanwhile, Friesan Fire, with a good trainer, a strong week of training and a decent post position, is still at 6-1. "By Saturday, it's possible he could go from fourth to the favorite," says Gold.

In other words, meet Friesan Fire, your 2009 wise guy horse.

"Now," says Avello, "it's time for action."

To visit this horse betting site go to MySportsbook.com for all your horse racing betting needs.

2007 Academy Award Betting : Oscars odds

The 79th Annual Academy Awards odds , which will air February 25th, is sparking an interest throughout the nation with the announcement of its nominees. As the public chooses their favorites, sportsbooks are creating odds for one of the biggest entertainment betting nights of the year.

Whether its at a “Oscar Party” or in an on line sportsbook, entertainment gambling on award shows represent a huge increase in betting. As the public speculation mounts, MySportsbook.com, the largest and most respected sportsbook on the web, posted odds on who is going home with a “Golden Best Friend.”

“ We see a majority of our entertainment wagers come from the Academy Awards,” said MySportsbook.com spokesperson, Tim Dalton. “This is a competition that applies to everyone. These are the people that entertain us on a daily basis and you want to see them win.”

MySportsbook.com posted the following odds for Academy Awards:

Odds to win the Achievement in Directing:

Alejandro González Iñárritu "Babel": 8/1

Martin Scorsese "The Departed": 2/17

Clint Eastwood "Letters From Iwo Jima: 4/1

Stephen Frears "The Queen": 12/1

Paul Greengrass "United 93": 15/1

Performance by an Actor in a Leading Role:

Leonardo DiCaprio in "Blood Diamond": 11/1

Ryan Gosling in "Half Nelson": 20/1

Peter O’Toole in "Venus": 16/5

Will Smith in "The Pursuit of Happyness": 16/1

Forest Whitaker in "The Last King of Scotland": 1/11

Performance by an Actress in a Leading Role:

Penélope Cruz in "Volver": 18/1

Judi Dench in "Notes on a Scandal": 15/1

Helen Mirren in "The Queen": 1/50

Meryl Streep in "The Devil Wears Prada": 10/1

Kate Winslet in "Little Children": 20/1

Best Animated Feature Film:

"Cars": 1/3

"Happy Feet": 2/1

"Monster House": 20/1

Best Foreign-Language Film of the Year:

"Water" – Canada: 22/1

"The Lives of Others" – Germany: 7/2

"After the Wedding" - Denmark: 24/1

"Days of Glory (Indigenes)" – Algeria: 23/1

"Pan's Labyrinth" - Mexico: 1/10

Odds to win the Best Live-Action Short Film:

"Binta and the Great Idea (Binta Y La Gran Idea)": 6/5

"Eramos Pocos (One Too Many)": 7/2

"Helmer & Son": 5/2

"The Saviour": 6/1

"West Bank Story": 7/2

Odds to win the Best Original Screenplay:

"Babel": 7/4

"Letters From Iwo Jima": 3/1

"Little Miss Sunshine": 21/20

"Pan's Labyrinth": 11/4

"The Queen": 5/4

Best Motion Picture of the Year:

"Babel": 11/4

"The Departed": 1/2

"Letters from Iwo Jima": 15/2

"Little Miss Sunshine": 17/10

"The Queen": 20/1

Performance by an Actor in a Supporting Role:

Alan Arkin in "Little Miss Sunshine": 11/10

Jackie Earle Haley in "Little Children": 10/1

Djimon Hounsou in "Blood Diamond": 9/1

Eddie Murphy in "Dreamgirls": 2/5

Mark Wahlberg in "The Departed": 5/1

Performance by an Actress in a Supporting Role:

Adriana Barraza in "Babel": 14/1

Cate Blanchett in "Notes on a Scandal": 11/1

Abigail Breslin in "Little Miss Sunshine": 2/1

Jennifer Hudson in "Dreamgirls": 1/8

Rinko Kikuchi in "Babel": 11/1

Film To Win Most Oscars:

Dreamgirls: 2/3

Pans Labyrinth: 6/5

The Departed: 6/1

The Queen: 11/1

Babel: 15/1

Pirates of the Caribbean: Dead Man's Chest: 11/1

Little Miss Sunshine: 15/1

Additional sports and entertainment odds can be found at: www.MySportsbook.com

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.