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06/23/2010 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls have named Celtics assistant Tom Thibodeau their new head coach, finalizing a move reported earlier this month.
Terms of the contract were not disclosed, but on June 5, the Chicago Tribune reported Thibodeau accepted the Bulls' offer of a three-year contract, with the move becoming official following the NBA Finals. Boston lost Game 7 of the Finals to the Los Angeles Lakers last Thursday.
"I am very excited to be here and to join the Bulls organization. Chicago is a great city with great fans and a storied history," said Thibodeau. "I would like to thank [owner] Jerry Reinsdorf and [general manager] Gar Forman for presenting me with such a terrific opportunity. We have a talented team with a good nucleus of players, and I am eager to get started."
This will be Thibodeau's first shot at a head coaching job after serving as an assistant for seven teams over 18 seasons. A defensive specialist, his teams have finished in the top 10 in team defense 16 times, including this year's Celtics, who were fifth in points allowed per game.
"As I went through the process to search for the next head coach of the Chicago Bulls, the longer the process went it became apparent that Tom was a perfect fit for the Bulls," said Forman. "He is a great communicator and teacher of the game, and he fits our organizational philosophy from a defensive standpoint. With his experience and knowledge of the NBA, I am confident he will be a great leader for our team."
Thibodeau, 52, began his NBA career as an assistant with the expansion Minnesota Timberwolves in 1989 and joined the Seattle SuperSonics in 1991-92 as a scout. He then worked for the San Antonio Spurs, Philadelphia 76ers, New York Knicks and Houston Rockets before joining Boston prior to the 2007-08 season.
Thibodeau will take over for Vinny Del Negro, who was fired on May 4 following two seasons in Chicago.
<< England advances on Defoe's goal
Port Elizabeth, South Africa (Sportsbook Betting Lines) - A first-half goal from Jermain
Defoe was enough to give England a 1-0 win over Slovenia at Nelson Mandela Bay
Stadium on Wednesday in the final match of Group C play for both teams,
allowin
<< Donovan's stoppage-time goal puts USA through
Pretoria, South Africa (Sportsbook Betting Lines) - The United States completed its FIFA
World Cup group stage with a 1-0 win over Algeria on Wednesday at Loftus
Versfeld Stadium thanks to a 91st minute winner from U.S. attacker Landon
Donovan
<< Angels hope to add to Dodgers' woes
(Sportsbook Betting Lines) - In addition to calling the same metropolitan area home,
both the Los Angeles Angels of Anaheim and Los Angeles Dodgers hold the title
of defending division champions. Only one of these teams has been playing like
a contender
<< Hudson, Buehrle square off in Windy City
(Sportsbook Betting Lines) - A matchup with one of the National League's top teams has
yet to slow down the surging Chicago White Sox, who'll put a seven-game
winning streak on the line when they resume a three-game series with the NL
East-leading Atlant
Italy still has work to do against Slovakia >>
Johannesburg, South Africa (Sportsbook Betting Lines) - All four teams are still alive
as Group F enters its final day of play on Thursday, but Italy has plenty of
work to do in order to reach the knockout round, which was unthinkable at the
start o
Surprising Kiwis hope to seize chance vs. Paraguay >>
Polokwane, South Africa (Sportsbook Betting Lines) - Group F was widely considered to be
the weakest group at this summer's FIFA World Cup, and while the action on the
field has not always been scintillating, it has been unpredictable.
Italy was wid
Lawrence Taylor indicted on rape charges >>
White Plains, NY (Sportsbook Betting Lines) - Hall of Fame linebacker Lawrence Taylor
was reportedly indicted on six charges, including rape, on Wednesday.
According to The Journal News, a Rockland County, New York grand jury indicted
Taylor on fel
Denmark, Japan clash with knockout spot on the line >>
Rustenburg, South Africa (Sportsbook Betting Lines) - Many times the build up to the
final match of the group stage is filled with various scenarios that would
determine what a given team would need to do in order to advance to the next
round.
MySportsbook.com Favors Fighting Irish to win College Football betting odds
According to odds makers at MySportsbook.com, on January 8, the Fighting Irish faithful may be toasting their 14th national title in Arizona – Notre Dame’s first national championship in close to 20 years.
Although MySportsbook.com has listed Notre Dame as the 5-1 favorite to win thecollege football College Football betting, fans in Columbus do not need to cancel their tickets to Glendale just yet. The Ohio State Buckeyes, listed right behind the Irish at 7-1, are also heavy favorites to win college football’s most coveted prize, while West Virginia, USC and the 2007 National Champion Texas Longhorns - all listed at 8-1 – are strong contenders as well.
MySportsbook.com has also posted gambling odds on the conference championships for the ACC, Big 12 and SEC. In the ACC – it could be anyone’s title, particularly for the two schools from the Sunshine State. Florida State and Miami, both listed at 2-1, are favored to win the ACC Championship Game odds, with the ‘Noles hoping to finish in the nation’s top 10 for the first time in five years, and the ‘Canes looking to avenge their 10-7 loss against FSU in last year’s ACC Championship betting.
Moving west to the Big 12, MySportsbook.com has betting lines listing Texas as 7-5 favorites to repeat as conference champions, even though the Longhorns lost their national championship-winning quarterback Vince Young to the NFL. In the south, the Auburn Tigers – led by Heisman-hopeful senior running back Kenny Irons – have been given the best odds to win the SEC Championship odds at 5-2.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Visa needs.
| Notre Dame Ohio State West Virginia Texas USC Florida California Auburn Oklahoma Iowa Louisville Florida State Michigan Miami (FL) LSU Penn State Virginia Tech Nebraska Tennessee Georgia Arizona State Oregon Clemson Texas A&M Texas Tech Alabama Arkansas Boston College Michigan State Maryland South Carolina Colorado Purdue Georgia Tech TCU UCLA Arizona Pittsburgh Iowa State Wisconsin North Carolina State Virginia North Carolina Fresno State Hawaii Northwestern BYU Oregon State UNLV Field (Any Other Team) |
5-1 7-1 8-1 8-1 8-1 12-1 15-1 15-1 18-1 20-1 20-1 20-1 20-1 20-1 25-1 40-1 40-1 50-1 60-1 60-1 60-1 70-1 70-1 100-1 100-1 100-1 100-1 100-1 150-1 200-1 200-1 200-1 200-1 200-1 250-1 250-1 300-1 300-1 300-1 300-1 300-1 300-1 400-1 500-1 500-1 500-1 500-1 1000-1 1000-1 40-1 |
| Miami (FL) Florida State Virginia Tech Clemson Georgia Tech Boston College Maryland Virginia North Carolina State North Carolina Wake Forest Duke |
2-1 2-1 3-1 7-1 15-1 15-1 15-1 30-1 30-1 30-1 50-1 500-1 |
| Texas Oklahoma Nebraska Texas Tech Colorado Iowa State Texas A&M Kansas State Missouri Kansas Baylor Oklahoma State |
7-5 9-5 9-2 12-1 14-1 15-1 15-1 30-1 30-1 35-1 100-1 100-1 |
| Auburn Florida LSU Georgia Tennessee Arkansas Alabama Mississippi South Carolina Mississippi State Kentucky Vanderbilt |
5-2 11-4 4-1 6-1 7-1 7-1 9-1 20-1 28-1 75-1 100-1 300-1 |
For complete NCAA football odds please visit Mysportsbook.com.
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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