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03/11/2010 - Los Angeles, CA (Sportsbook Betting Lines) - Pro football Hall of Famer Merlin Olsen died early Thursday morning in California after a battle with cancer.
He was 69 years old.
Olsen was a two-time All-American at Utah State, playing both the offensive and defensive line, and won the Outland Trophy as the nation's outstanding interior lineman in 1961, then went on to star in the NFL for the Los Angeles Rams.
In 15 seasons with the Rams, Olsen was selected for 14 Pro Bowls and was part of the famed "Fearsome Foursome" defensive line with Deacon Jones, Rosey Grier and Lamar Lundy. He was selected as the NFL's Rookie of the Year in 1962 and was inducted into the Pro Football Hall of Fame in 1982.
"We are deeply saddened to learn of Merlin's passing. He was not only an extraordinary football player but just a superb human being," stated Hall of Fame President/Executive Director Steve Perry.
Olsen played in 208 NFL games with the Rams, helping the club to six division titles and three NFC Championship Game appearances. He was a member of two NFL All-Decade teams -- the 1960s and 1970s.
After his football career ended in 1976, Olsen made a smooth transition to the broadcast booth with NBC Sports. He also worked as an actor, first on "Little House on the Prairie" and then starring in "Father Murphy."
<< Panthers try to keep rolling in visit to Avalanche
(Sportsbook Betting Lines) - The Florida Panthers will try to win four straight games
for the first time this season when they visit the Colorado Avalanche tonight
at the Pepsi Center.
The Panthers come into this game six points back of a playoff spot
<< Sharks continue homestand with battle against Predators
(Sportsbook Betting Lines) - Having rallied in the third period in each of its last two
victories, the San Jose Sharks wrap their season series with the Nashville
Predators this evening at HP Pavilion.
Even though it is getting later in the season, th
<< Senators resume western swing with stop in Calgary
(Sportsbook Betting Lines) - Having just picked up their first win since the Winter
Olympics break, the Ottawa Senators will now try to pick up their first
victory in Calgary since 2003 when they visit the Flames tonight at Pengrowth
Saddledome.
The
<< Howard, Magic put streak on line vs. Bulls
(Sportsbook Betting Lines) - Dwight Howard and the surging Orlando Magic shoot for
their seventh straight win tonight in the conclusion of a three-game
homestand versus the Chicago Bulls at Amway Arena.
Orlando is riding a six-game
Chivas USA's Victorine retires >>
Carson, CA (Sportsbook Betting Lines) - Chivas USA midfielder Sasha Victorine has
retired from Major League Soccer after 10 seasons, the club announced on
Wednesday.
During his MLS career, Victorine scored 32 goals and 41 assists i
Red Bulls sign former TFC 'keeper Sutton >>
Secaucus, NJ (Sportsbook Betting Lines) - Red Bull New York signed goalkeeper Greg
Sutton, the Major League Soccer club announced on Thursday.
"We have been impressed with Greg's performances during his time with us in
preseason," New York
Report: Woods working with Fleischer on return >>
Orlando, FL (Sportsbook Betting Lines) - Tiger Woods may be returning to the PGA Tour in
two weeks at the Arnold Palmer Invitational at Bay Hill, according to a report
in the New York Post.
In a story Thursday, the Post credits "two sources in the gol
Tank Johnson re-signs with Cincinnati >>
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Bengals have re-signed
defensive tackle Tank Johnson.
Johnson originally signed with Cincinnati last offseason and recorded two
sacks and 29 tackles in 14 games last season.
"Si
Kansas City, MO - Kansas City has not officially named Matt Cassel its starting quarterback, but there can be no doubt now.
NFL Betting
After praising his leadership and work ethic through spring workouts, the Chiefs announced Tuesday they had signed the 27-year-old Cassel to a multiyear contract. Terms were not disclosed, but he will almost certainly be one of the highest-paid members of the team.
"We are excited to be able to reach a long-term agreement for Matt Cassel to be a Kansas City Chief for many years to come," owner and board chairman Clark Hunt said in a statement. "His proven leadership on and off the field will be a tremendous asset to the organization."
Patriots made him their franchise player, meaning his salary for this season will be about $15 million.
New head coach Todd Haley, taking over for Herm Edwards after a 2-14 season, refused to name a starter at any position during offseason workouts. But it was obvious to everyone the team belonged to Cassel.
"I go out there each and every day with that focus that I'm the starter," Cassel said during a June minicamp. "Competition brings out the best in everybody."
The signing will come as welcome news to Cassel's new coaches and teammates. Amiable and hardworking, online football betting he appeared to win over everyone at minicamp.
"I think he's got some unique leadership qualities. I think his teammates like him and have respect for him. I think he's doing a pretty good job on the field, too," Haley said last month. "He's doing everything that I'm asking him, that our coaches are asking him to do. I don't have one single complaint how he's carrying himself."
After one workout, wide receiver Devard Darling declared Cassel "a breath of fresh air."
"He has a lot of swagger, a lot of confidence. It's good for us," said Darling. "We trust in him that he's going to go out there and lead us all the way."
nse to accommodate his specific abilities.
Trapped on the bench behind Heisman winners Carson Palmer and Matt Leinart at USC and then unable to unseat Super Bowl MVP Brady at New England, Cassel seemed destined to be a backup all his life. As Brady was helped off the field last September, Cassel seized the opportunity he'd been waiting for since high school.
In his only sustained action since his teens, he hit 349 of 555 passes for 3,949 yards at New England. He had 23 touchdown passes and 13 interceptions as the Patriots, who had gone unbeaten through the regular season the year before, finished 11-5 and out of the playoffs.
Chiefs general manager Scott Pioli, who had been Bill Belichick's assistant in New England, engineered the trade after the Patriots became convinced that Brady would recover fully from his knee operation.
"Since Matt arrived in Kansas City, he has embraced the team and the community," Pioli said. "His work ethic, his ability and competitive presence is what we expect from our players."
To visit this sportsbook go to MySportsbook.com for all your college football betting needs.
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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