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05/07/2010 - Nashville, TN (Sportsbook Betting Lines) - Lipscomb University forward Adnan Hodzic has withdrawn from the 2010 NBA Draft and will return to the school for his senior season.
Hodzic had entered the draft on April 8, but did not hire an agent.
"By declaring for this year's draft, I was able to learn more about the draft process while getting my name in front of scouts and team management," Hodzic said. "I'm thankful for the support of the Lipscomb family and I look forward to working hard with my teammates to accomplish great things next year."
The Bosnia native was the nation's second-leading scorer with 22.7 points per game, earning Atlantic Sun Conference Player of the Year honors. He was also named an Honorable Mention All-American by the Associated Press.
<< Penn National joins MID in Maryland Jockey Club
Wyomissing, PA (Sportsbook Betting Lines) - Penn National Gaming and MI Development
(MID) announced Friday morning the establishment of a joint venture to own and
operate the Maryland Jockey Club.
The Maryland Jockey Club conducts thoroughbred
<< Canucks host Hawks in pivotal Game 4
(Sportsbook Betting Lines) - The Chicago Blackhawks will try to grab a 3-1 series lead
in the Western Conference semifinals when they visit the Vancouver Canucks for
tonight's pivotal Game 4 battle at General Motors Place.
The second-seeded Blackhawks
<< UConn's Calhoun receives five-year extension
Storrs, CT (Sportsbook Betting Lines) - The University of Connecticut handed longtime
men's head basketball coach Jim Calhoun a five-year contract extension running
through the 2014 season on Friday.
The deal is effective retroactively from July
<< Aussie great Newcombe has skin cancer surgery
Sydney, Australia (Sportsbook Betting Lines) - Former world No. 1 John Newcombe
underwent surgery to have a cancerous growth removed from the right side of
his nose.
"It's a cancerous growth so he (the doctor) had to cut...and finish
Lipscomb F Hodzic withdraws from NBA Draft >>
Nashville, TN (Sportsbook Betting Lines) - Lipscomb University forward Adnan Hodzic has
withdrawn from the 2010 NBA Draft and will return to the school for his senior
season.
Hodzic had entered the draft on April 8, but did not hire an agent.
"By
Motherwell eyes Europa League spot >>
Glasgow, Scotland (Sportsbook Betting Lines) - Motherwell needs a win over Rangers on
Sunday to clinch fourth place in the Scottish Premier League and secure a spot
in the Europa League for next season.
But if they are successful, they can point
Morneau healthy and carrying Twins >>
Toronto, Canada (Sportsbook Betting Lines) - American League pitchers and a nagging back
haven't been able to slow down Justin Morneau, and Joe Mauer's heel injury
likely won't either.
The first baseman's production didn't suffer last season while Mau
Get on Board with Untested Pitchers >>
Philadelphia, PA (Sportsbook Betting Lines) - When it comes to wagering on baseball,
gamblers usually shy away from the unknown. It's easy to back the likes of Tim
Lincecum and Roy Halladay, but putting your money on rookies is another story.
However,
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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