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08/30/2010 - Toronto, Canada (Sportsbook Betting Lines) - The revolving door to the president's office at the National Hockey League Players' Association is once again in motion and the punditocracy is foaming with rumors that former baseball players' union boss Don Fehr will soon be shuttling into the wood-paneled inner sanctum.
Fehr has been acting as an unpaid adviser to the NHLPA for about a year after fighting baseball owners for 26 years - an often tumultuous tenure that included five collective bargaining agreements and one strike, in 1994 (for which Montreal Expos fans will never forgive the union).
Fehr can be as hard-line about not having a salary cap as Stephen Harper is on scrapping the long-form census. The New York Yankees 2010 payroll is $206.3 million. We're not sure what the Prime Minister's salary is since all stats are just a bunch of damn lies, anyway.
But back to pucks.
It seems the NHLPA, if it hires Fehr as its new president, is signaling that it is spoiling for a fight. I think the union should think twice before dropping the gloves with owners again.
First, players haven't exactly had to hold bake sales to pay their bills following the introduction of the salary cap before the 2005-06 season. In fact, the salary floor for this season is more than the salary cap of a few years ago, based on increased league revenues, but it may not be an ever- expanding pie.
After all, there was a worldwide financial meltdown between the last collective bargaining agreement, in July 2005, and its expiration date, in September 2012.
We're still recovering from one recession and, if U.S. housing foreclosure and unemployment stats are any indicator - patience, Mr. Harper! - we could be lurching toward another. It's the new normal and it's not pretty, especially if you're in a business that relies on consumers with discretionary spending money.
Sure, there are some Flyers fans who will forgo rent in order to buy tickets, but that's not the rule. With the exception of Toronto, where people eagerly surrender their wallets, credit cards and ATM PINs in exchange for an inferior product, those with less discretionary spending may cut back on luxuries like professional hockey.
With a salary cap already in place and the owners not about to surrender it, the hiring of Fehr, if it happens, will be an ideological move to fight over a few million here and a few million there, the pro sports equivalent of table scraps.
Sometimes, timing is everything and, if you support the NHLPA, the time to hire Fehr would have been in 2005, before the owners watched the players cave to the cap.
Bizarrely, whoever is the next president may find him/herself in the odd position of helping owners circumvent the CBA.
We're thinking here of the Ilya Kovalchuk case. The league rejected the 17- year, $102-million pact as a way of getting around the salary cap by amortizing the annual cap hit over a long period. The owners want the best labor for the cheapest price, so they did some creative math. The union wants job security for its members and didn't put up a whisper of protest against the Kovalchuk deal. If the Kovalchuk deal would have stood and thereby lowered average annual salaries in the process, shouldn't the NHLPA have come out against it, too?
Should a union stand by as management engineers contracts that lower the average salary of members when it comes time for them to negotiate?
If so, what's the point of having a union?
<< First-place Rangers, Royals square off in KC
(Sportsbook Betting Lines) - The first-place Texas Rangers can get their road record to
.500 and maintain a stranglehold on the American League's West Division
tonight, when they visit the Kansas City Royals in the opener of a three-game
series
<< Rays host Jays in series opener at the Trop
(Sportsbook Betting Lines) - Youngster Wade Davis makes his second start since returning
from the disabled list tonight, when the Tampa Bay Rays host the Toronto Blue
Jays in the opener of a three-game home series at Tropicana Field.
A soon-to-be 25
<< Nats hand ball to Marquis in Florida
(Sportsbook Betting Lines) - Despite pitching well over his last two starts, Nationals
hurler Jason Marquis is still searching for his first victory in nearly a
year. Unfortunately, tonight's opponent, the Marlins, have given him issues
over th
<< Pettitte's health the key to the Yankees repeating
New York, NY (Sportsbook Betting Lines) - If the New York Yankees hope to win a second
straight world championship they'll need a healthy and productive Andy Pettitte
on the mound come October. Before the 38-year old lefty went down with a
strained groin
Walcott putting World Cup snub behind him >>
Philadelphia, PA (Sportsbook Betting Lines) - The biggest decisions most 16-year-old
boys have to make involve a choice of which car to buy, which girl to ask to
the dance, or what their Facebook status will be.
But Theo Walcott was not your typic
Boston downs Philadelphia to edge closer to playoff berth >>
West Chester, PA (Sportsbook Betting Lines) - The Boston Breakers closed the gap on the
Philadelphia Independence in the race for second place in the Women's
Professional Soccer table with a 2-1 comeback win at John A. Farrell Stadium
on Sund
Arena to extend schedule to 18 games >>
Tulsa, OK (Sportsbook Betting Lines) - The Arena Football League will extend its
regular-season schedule from 16 to 18 games next season.
A 16-game schedule had been in effect since 2003.
"There has never been a better time for the Aren
Van Persie suffers minor ankle injury >>
London, England (Sportsbook Betting Lines) - Arsenal and Netherlands striker Robin van
Persie is set to miss a few weeks because of an ankle injury, according to the
Dutch football federation.
Van Persie missed five months last season because of
In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.
Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).
If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).
Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.
New England Patriots -7 vs. Philadelphia Eagles
The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)
In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:
There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.
The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:
Philadelphia Eagles +7 vs. New England Patriots
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.
Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.
Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
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.
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