Heat bring back Shavlik Randolph

Basketball Betting Lines

07/27/2010 - Miami, FL (Sportsbook Betting Lines) - The Miami Heat have re-signed free agent forward Shavlik Randolph to an undisclosed contract.

Randolph had two separate stints with the Heat last season. He appeared in two games after being signed as a free agent on September 28, then was waived on December 14. After a brief tenure with Portland, Miami re-signed him on April 6.

The Duke product appeared in six games for the Heat and Trail Blazers last season, averaging 2.3 points and 2.3 rebounds.

In 95 career NBA games, including seven starts, Randolph has averaged 2.4 points and 2.4 rebounds.

Wwwisland Basketball Betting News

<< Hannover names U.S. defender Cherundolo captain
Hannover, Germany (Sportsbook Betting Lines) - United States defender Steve Cherundolo was named captain of German Bundesliga club Hannover on Tuesday. Cherundolo, 31, has been with Hannover for more than a decade. He joined the club in 1999 and h

<< Jays face a major decision on Bautista
Toronto, Canada (Sportsbook Betting Lines) - It's safe to say Toronto Blue Jays General Manager Alex Anthopoulos had no idea heading into this year that he would have to make an important mid-season decision involving Jose Bautista. With the July 31st n

<< Celtic signs striker Hooper
Glasgow, Scotland (Sportsbook Betting Lines) - Celtic made its sixth signing of the offseason Tuesday, adding 22-year-old striker Gary Hooper on a four-year deal from Scunthorpe United. Hooper had 43 goals in 80 matches for Scunthorpe United, a

<< CFL West: Burris powers through errors in win over Riders
Toronto, Canada (Sportsbook Betting Lines) - While a home win by the Calgary Stampeders against the Saskatchewan Roughriders isn't completely surprising, that the win came by 20 points is not something many would have expected. Calgary put on a great sec

<< Braves, Ross agree to two-year extension
Washington, DC (Sportsbook Betting Lines) - The Atlanta Braves and catcher David Ross agreed to a two-year extension through the 2012 season. Financial terms were not available. Ross is currently batting .269 with 18 RBI in 35 games this sea

Pats sign rookie LB Spikes >>
Foxboro, MA (Sportsbook Betting Lines) - The New England Patriots agreed to terms with rookie linebacker Brandon Spikes on a contract on Tuesday. Details were not disclosed, but the Boston Herald is reporting that the deal is for four years and wo

Youzhny, Almagro win openers in Gstaad >>
Gstaad, Switzerland (Sportsbook Betting Lines) - Top seeds Mikhail Youzhny of Russia and Nicolas Almagro of Spain were a pair of first-round winners Tuesday at the Swiss Open. Youzhny rolled past French lucky-loser Marc Gicquel 6-2, 6-2 in 72 m

Ortiz, Greisen and Moye-Moore earn weekly AFL honors >>
Tulsa, OK (Sportsbook Betting Lines) - Tampa Bay linebacker ERIC ORTIZ, Milwaukee quarterback CHRIS GREISEN and Orlando linebacker MARLON MOYE-MOORE have been named the JLS Ironman, Russell Athletic Offensive Players and Riddell Defensive Player of the

Schiavone wins Istanbul opener >>
Istanbul, Turkey (Sportsbook Betting Lines) - It took two days, but French Open champion Francesca Schiavone finally posted a first-round victory at the $220,000 Istanbul Cup hardcourt tennis event. The top-seeded Schiavone was leadin

Former Dolphin Galbreath dead at 45 >>
Davie, FL (Sportsbook Betting Lines) - Former Miami Dolphins offensive lineman Harry Galbreath died Tuesday of an apparent heart ailment. He was just 45 years old. The Dolphins organization issued a release Tuesday saying Galbreath had been work

Sportsbooks to bet on football

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.

Credit Card Betting: Sportsbook accepts U.S. credit cards

Online Sportsbook accepts Visa and Mastercard

MySportsbook.com is the best at processing US credit cards for deposits. Welcome to the most player friendly online sportsbook on the planet!

The principals behind MySportsbook are obviously a management group that understands the players needs as evidenced by their commitment to provide easy depositing with their high credit card acceptance rate and free weekly $10 bets they offer to clients with active betting accounts.

The perks don't end there! MySportsbook offers casino, poker and horses as well. Twice named Best Sportsbook by eGaming Review, this place is rock solid financially so you don't ever have to sweat the payout as you may with some other online bookies operating with less betting volume and client base.

Sign up today and grab your share of a 10% bonus that is added instantly to your betting account. Enjoy 52 risk free bets throughout the year as well!

Reasons to Play There: You have to see their no hitter, cycle hitter and slaughter rule promos for baseball. Worth a laugh and probably a few bucks throughout the MLB season. They offer supersized bonuses of 15% if you up your minimum deposit to $500 or more. Lay -105 on Friday NBA! Contests during the NFL football season!