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08/17/2010 - Jackson, MS (Sportsbook Betting Lines) - Ole Miss men's basketball head coach Andy Kennedy has agreed to settle a lawsuit stemming from a December 2008 run-in with a cab driver in Cincinnati.
The Clarion-Ledger on Tuesday reported that Kennedy will pay an unspecified amount of money to drop a defamation lawsuit against Mohammed Jiddou and valet Michael Strother, if the two men in turn apologize to Kennedy and drop any potential countersuits.
The amount of the settlement will be confidential, according to the paper.
Kennedy was arrested when Ole Miss was in Cincinnati to play Louisville in the SEC-Big East Challenge. In the police report, Kennedy, who was arrested in the early morning hours, was alleged to have punched Jiddou while shouting racial slurs.
Witnesses to the events of that night have reported Kennedy may have been intoxicated, then was told to leave a bar called The Lodge in downtown Cincinnati before the incident occurred.
Kennedy, who was accused of verbal and physical abuse, eventually pleaded guilty to a reduced charge of disorderly conduct.
<< Jags sign LB Wilson
Jacksonville, FL (Sportsbook Betting Lines) - The Jacksonville Jaguars have signed
linebacker Rod Wilson. Terms of the deal were not disclosed.
Wilson, 28, spent last season with the Tampa Bay Buccaneers and played in
eight games before goi
<< Yankees' Pettitte to get MRI
Bronx, NY (Sportsbook Betting Lines) - New York Yankees pitcher Andy Pettitte is headed
for an MRI exam after throwing a bullpen session Tuesday.
Pettitte, who has been on the disabled list since July 19, threw about 40
pitches during his sessi
<< This Week in Auto Racing August 18 - 22
Bristol, TN (Sportsbook Betting Lines) - NASCAR roars into "Thunder Valley" as all
three of its national touring series run under the lights at Bristol Motor
Speedway this week. The IZOD IndyCar Series heads to California's wine
country
<< Mariners' Bradley has knee surgery
Baltimore, MD (Sportsbook Betting Lines) - Seattle Mariners outfielder Milton Bradley is
expected to miss four to six weeks after undergoing arthroscopic knee surgery
Tuesday.
Dr. Timothy Kremchek, the Reds' team physician, performed the surgery on
Trucks kick off NASCAR's week at Bristol >>
Bristol, TN (Sportsbook Betting Lines) - Series: NASCAR Camping World Truck. Date:
Wednesday, August 18. Race: O'Reilly 200. Site: Bristol Motor Speedway. Track:
.533-mile oval. Start time: 8:00 p.m. (et). Laps: 200. Miles: 106.6. 2009
winner: Kyle Busch
Seahawks release RB Peterson >>
Renton, WA (Sportsbook Betting Lines) - The Seattle Seahawks released running back
Adrian Peterson, less than a week after signing the former member of the
Chicago Bears.
Not to be confused with the Minnesota running back of the same name
IndyCar wraps up road/street course schedule at Sonoma >>
Sonoma, CA (Sportsbook Betting Lines) - Series: IZOD IndyCar. Date: Sunday, August 22.
Race: Indy Grand Prix of Sonoma. Site: Infineon Raceway. Track: 2.303-mile,
12-turn road course. Start Time: 5:45 p.m. (et). Laps: 75. Miles: 172.7. 2009
winner: Dario
Mets place Rodriguez on disqualified list after thumb surgery >>
Flushing, NY (Sportsbook Betting Lines) - The New York Mets took another step
towards distancing themselves from embattled closer Francisco Rodriguez on
Tuesday, placing him on the disqualified list.
The move came immediately followin
Super Bowl XLIII isn't even a week old yet and oddsmakers have already released Super Bowl XLIV odds.
Despite the Pittsburgh Steelers winning Super Bowl 43, the New England Patriots are 8/1 favorites to win Super Bowl 44.
Bet Super Bowl XLIV Future Odds
With their 27-23 victory over the Arizona Cardinals in Super Bowl XLIII, the Steelers became the latest NFL champion. But believe it or not, oddsmakers from online sports book MySportsbook.com don't have the Steelers the favorites to win Super Bowl XLIV next season.
That honor belongs to the New England Patriots, who are 8/1 favorites to win despite not even qualify for the postseason in 2008. The Pats also have a major decision to make regarding what to do with Matt Cassel, who played well in Tom Brady's (knee surgery) absence last year but is also a free agent this offseason.
Ironically, the Steelers aren't even oddsmakers second choice to win Super Bowl 44, as the Dallas Cowboys are listed right behind the Patriots at 9/1 despite not making the playoffs themselves. Clearly oddsmakers think the public will hop back on the Cowboys' bandwagon considering the immense talent they have and the opening of a brand new stadium.
After Dallas, then comes Pittsburgh at 10/1, but they share those odds with the New York Giants, who won Super Bowl XLII. The Indianapolis Colts and San Diego Chargers round out the top six teams at 12/1, while the Baltimore Ravens (14/1), Tennessee Titans (16/1), Carolina Panthers (18/1) and Philadelphia Eagles (18/1) complete the top 10.
The NFC Champion Arizona Cardinals got no love from oddsmakers as they were established as a 30/1 long shot to win next year's Super Bowl. They share those same odds with the Chicago Bears and Tampa Bay Buccaneers – two teams that didn't even qualify for the postseason. Other long shots are the Kansas City Chiefs (100/1), Detroit Lions (100/1), St. Louis Rams (75/1) and Oakland Raiders (75/1).
To see a complete list of all the team's odds to win Super Bowl XLIV, check below.
NFL TEAM FUTURE ODDS TO WIN SUPER BOWL XLIV
New England Patriots 8/1
Dallas Cowboys 9/1
New York Giants 10/1
Pittsburgh Steelers 10/1
Indianapolis Colts 12/1
San Diego Chargers 12/1
Baltimore Ravens 14/1
Tennessee Titans 16/1
Carolina Panthers 18/1
Philadelphia Eagles 18/1
New Orleans Saints 20/1
Atlanta Falcons 25/1
Denver Broncos 25/1
Green Bay Packers 25/1
Jacksonville Jaguars 25/1
Minnesota Vikings 25/1
New York Jets 25/1
Arizona Cardinals 30/1
Chicago BearS 30/1
Tampa Bay Buccaneers 30/1
Buffalo Bills 35/1
Houston TexaNS 35/1
Miami Dolphins 35/1
Washington Redskins 35/1
Seattle SeahawkS 50/1
Cleveland Browns 55/1
Cincinnati Bengals 60/1
San Francisco 49ers 60/1
Oakland Raiders 75/1
St. Louis Rams 75/1
Detroit Lions 100/1
Kansas City Chiefs 100/1
Odds as of: 2/2/09
Bet Super Bowl XLIV Future Odds
To visit this online sportsbook go to MySportsbook.com for all your NFL 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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