NHL veteran Keane won't return to Manitoba

Hockey Betting Lines

07/20/2010 - Winnipeg, MB (Sportsbook Betting Lines) - Long-time NHL forward Mike Keane won't return to the Manitoba Moose for the 2010-11 season.

Manitoba, the American Hockey League affiliate of the Vancouver Canucks, announced it won't renew the 43-year-old veteran's contract.

Keane played 1,161 NHL games with Montreal, Colorado, the New York Rangers, Dallas, St. Louis and Vancouver from 1988 until 2004. He spent the past five seasons with Manitoba.

The Winnipeg native was a member of Stanley Cup championship teams with Montreal in 1993, Colorado in 1996 and Dallas in 1999.

Wmajorleaguebaseball Hockey Betting News

<< Line of Scrimmage: NFL GameChangers '10: Specialists
Philadelphia, PA (Sportsbook Betting Lines) - Bill Belichick has achieved considerable success during his 10-season stint as head coach of the New England Patriots, but for those with the time or wherewithal to look at his resume' with a magnifying glass

<< Monty selects vice captains for Ryder Cup
Wentworth, England (Sportsbook Betting Lines) - European Ryder Cup captain Colin Montgomerie has selected Thomas Bjorn, Darren Clarke and Paul McGinley as his vice captains for this year's team. The 2010 Ryder Cup will be staged October 1-3 at the Cel

<< Miller expecting plenty of open looks with Heat
MIAMI (AP) -With just about every Miami Heat acquisition this summer, another recruiting story seems to emerge.Dwyane Wade helped lure LeBron James and Chris Bosh. James played a big role in talking Zydrunas Ilgauskas and Mike Miller into coming to

<< Giants subdue Dodgers
Los Angeles, CA (Sportsbook Betting Lines) - Nate Schierholtz's two-run homer in the fourth inning proved to be the difference, as the San Francisco Giants held off the Los Angeles Dodgers, 5-2, in the opener of a three-game series between these t

<< Diamondbacks pummel light-hitting Mets
Phoenix, AZ (Sportsbook Betting Lines) - Mark Reynolds tripled in a run as part of a big first inning and belted a three-run homer in the sixth, carrying Arizona to a 13-2 blowout win over the New York Mets. Chris Young had three hits and scored th

Cardinals seek seventh straight victory in clash with Phils >>
(Sportsbook Betting Lines) - Home runs are not easy to hit, but the St. Louis Cardinals made it their job in last night's win over the Philadelphia Phillies. The NL Central-leading Cardinals will try to go deep again Tuesday in the second installment of

Mets hope to find their road game in Arizona >>
(Sportsbook Betting Lines) - The road hasn't been too kind for the New York Mets and last night's embarrassing loss in Arizona was proof. The Mets will try to regroup on their 11-game, three-city tour out west tonight in the second portion of a three-gam

Dodgers' Kershaw goes for 10th win versus Lincecum-led Giants >>
(Sportsbook Betting Lines) - Los Angeles Dodgers young starter Clayton Kershaw has never reached double digits in wins and will get a chance tonight against the NL West-rival San Francisco Giants in the continuation of a three-game series from Chavez Rav

Rangers try to deal spiraling Tigers a seventh straight loss >>
(Sportsbook Betting Lines) - Tommy Hunter hopes to deliver Texas' first series win in Detroit since 2007 this evening, when the Rangers play the middle test of their three-game set with the Tigers at Comerica Park. Texas had lost 11 straight in Detroi

Reds hand ball to rookie Leake vs. Nationals >>
(Sportsbook Betting Lines) - The Reds are going to be careful with how many innings rookie Mike Leake racks up this season. They might be tempted to take the leash off tonight given how well he pitched against the Nationals last time. Leake

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.