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07/30/2010 - Davie, FL (Sportsbook Betting Lines) - The Miami Dolphins have signed defensive end Charles Grant.
Terms of the deal were not released, but the Palm Beach Post reported Wednesday that the contract is for two years and is worth $4.5 million.
Grant was released by the Saints following their Super Bowl run. The 31-year- old veteran posted 5 1/2 sacks last season before suffering a triceps injury in Week 17.
In eight seasons (118 games) with New Orleans, the 6-foot-3, 285-pounder recorded 336 tackles, 47 sacks, and one interception.
Grant was originally selected with the 25th overall pick by the Saints in the 2002 draft.
Also on Friday, the team released guards Ray Feinga and Dimitri Tsoumpas and announced the official signings of draft picks Jared Odrick and Koa Misi.
Odrick, a defensive end from Penn State, was selected in the first round of April's draft. Misi, a linebacker out of Utah, was a second-round pick.
<< Revs searching for league success against Union
Chester, PA (Sportsbook Betting Lines) - New England has won four straight games without
allowing a goal, but just one of those matches was in Major League Soccer. The
Revolution hope to build on their SuperLiga success in league play Saturday at
PPL Par
<< AL Central: Twins putting the heat on Chicago
(Sportsbook Betting Lines) - The Minnesota Twins continue to prove that it takes more
than high-profile personnel moves to compete for a postseason berth.
While the Detroit Tigers inked Johnny Damon and Jose Valverde in the
offseason, Minnesota stayed
<< Niners ink draft picks Davis, Mays, Bowman
Santa Clara, CA (Sportsbook Betting Lines) - The San Francisco 49ers have signed three
of their first four picks from April's draft, including first-rounder Anthony
Davis.
In addition to a five-year deal for Davis, an offensive tackle from Rutger
<< K.C. hopes to build on win vs. Man United in league play vs. TFC
Kansas City, KS (Sportsbook Betting Lines) - It has been a disappointing season to so
for the Kansas City Wizards, but the Major League Soccer club is hoping it can
use a 2-1 win in an exhibition against English premier League side Manchester
United
White Sox pick up Jackson from Arizona >>
Phoenix, AZ (Sportsbook Betting Lines) - The Chicago White Sox have acquired pitcher
Edwin Jackson from the Arizona Diamondbacks in exchange for pitchers Dan
Hudson and David Holmberg.
Jackson was in his first year with Arizona after being
Oswalt a deflection, not redemption, for Amaro >>
Philadelphia, PA (Sportsbook Betting Lines) - When Roy Oswalt puts on his Phillies
uniform for the first time, he might have to check to make sure it is his name
on the back of the jersey rather than what everyone in Philadelphia will be
calling him for
Playoff or pay-off? MEAC decision a 'win-win' >>
Norfolk, VA (Sportsbook Betting Lines) - There's a difficult decision ahead for Mid-
Eastern Athletic Conference football, and there may not be a right or wrong
answer considering both of the given options have merit.
"A win-win situation," according
Celtic signs McCourt to new three-year contract >>
Glasgow, Scotland (Sportsbook Betting Lines) - Northern Ireland winger Paddy McCourt
signed a new three-year contract with Celtic on Friday.
McCourt, 26, had one year left on his current deal. He joined Celtic in 2008,
and has three goals in 19 a
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.
MySportsbook.com is considered one of the finest online sportsbook according to several surveys performed by independent industry analysts considering such factors as payout accuracy and timeliness, overall quality of website, and bettor satisfaction.
MySportsbook is offering a free printable NFL football office pool sheets. Run your own NFL Football Office Pool. Create your own pool, invite your friends to join. Compete with your with co-workers, friends or family for bragging rights every week. Exchange some hard hits without risk of injury. Trash Talk with your fellow co-workers.
To visit this online sportsbook got to MySportsbook.com for all your nfl football pool sheets needs.
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