Suns add Babby to front office

Basketball Betting Lines

07/20/2010 - Phoenix, AZ (Sportsbook Betting Lines) - The Phoenix Suns introduced Lon Babby as the organization's next president of basketball operations at a news conference on Tuesday.

Babby joins the Suns as the successor to Steve Kerr, whose contract was not renewed and has since re-joined TNT as a game analyst. The Arizona Republic earlier reported the club is still likely to hire a new general manager. Kerr wore both hats during his tenure with the club, first joining the Suns as part-owner and consultant in 2004 before taking the reins as president and general manager in June 2007.

The addition of Babby to Phoenix's front office is a seldom-followed path, as the 59-year-old served as a player agent and practiced sports law for nearly 35 years with Williams & Connolly LLP. Most notably, Babby represented Suns forward Grant Hill, Spurs forward Tim Duncan, Rockets forward Shane Battier and Celtics guard Ray Allen after entering into player representation in 1994.

"Our organization is fortunate to have someone of Lon's experience and talent to head-up our basketball staff," said Suns managing partner Robert Sarver. "He brings with him a unique set of skills and a great reputation in the business."

Babby has also represented numerous professional baseball players and has served as club counsel, then general counsel for the Washington Redskins (1977-1980) and Baltimore Orioles (1979-1994). In addition, he is a member of the Board of Trustees of the Naismith Memorial Basketball Hall of Fame.

A graduate of Lehigh University and Yale Law School, Babby becomes only the fourth basketball president in the team's 43-year history.

Casinos--sportsbooks Basketball Betting News

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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.

NFL ODDSTop Football Betting Free Agents to Change Teams

NFL Betting

It’s time to see how the biggest NFL free agent signings will perform for their news teams. Some will work out and could be the difference that makes a difference in the win column.

We look at the best off-season signings and if they should influence your NFL betting this season. Julius Peppers – Peppers was the biggest prize available on the 2010 NFL free agent market and the Chicago Bears opened the bank to bring his talents to the south side.

Peppers is explosive, he can get around blockers and cause quarterbacks to lose their minds. We all remember the classic Peppers game last year against the Vikings where he hounded Brett Favre into his worst game of the season. Peppers joining the Bears could be the reason Favre retired for good Tuesday morning. In addition to Peppers, the Bears added Chester Taylor to back up Matt Forte, Forte didn’t have the same intensity in 2009 compared to 2008 and bringing in Taylor will challenge Forte to bring it every game or he’ll risk losing carries to Taylor.

Betting on the Bears is a good option this season because of Julius Peppers and to a lesser extent Taylor. Antonio Bryant and Terrell Owens – The Cincinnati Bengals signed two former number one wide receivers to line up with Chad Ocho Cinco. Antonio Bryant had a huge season in 2008 catching 83 passes for over 1200 yards but regressed last season. Playing for the Tampa Bay Bucs last season was a large part of the regression, everyone was bad in TB last season.

Bryant should have a bounce back season if he can win the number two spot from Terrell Owens. If Bryant wins the number 2 WR spot, it will open up a completely new set of problems for the Bengals. If Owens is forced to the bench in favor of Bryant, his attitude will create trouble for Carson Palmer and head coach Marv Lewis. If Owens is the number two receiver, it means Bryant can’t live up to his past numbers and the Bengals are still limited in the passing game. NFL bettors should be wary of laying their money down on what could potentially be the biggest gong show in the league in 2010. 2010 football betting lines for this can be found at this top online sportsbook. Karlos Danby – The Miami Dolphins have a great running back tandem in Ricky Williams and Ronnie Brown, a good young QB in Chad Henne and now the Bill Parcells regime is building a solid defense.

NFL bettors should be wary of laying their money down on what could potentially be the biggest gong show in the league in 2010. Karlos Danby – The Miami Dolphins have a great running back tandem in Ricky Williams and Ronnie Brown, a good young QB in Chad Henne and now the Bill Parcells regime is building a solid defense. They signed away the Arizona Cardinals top linebacker Karlos Danby. In the past two seasons, Danby has totaled 228 tackles, 5 sacks, 3 interceptions and 3 forced fumbles. The Dolphins are the forgotten team of the AFC East with the second longest odds to win the division but with the addition of Karlos Danby and a trade for WR Brandon Marshall makes the Miami Dolphins legitimate contenders in the AFC East and in the NFL’s Eastern Conference.

The Dolphins will make NFL wagering fans a lot of money this season, get in early and enjoy the cash.

NFL Wagering

To visit this sportsbook go to MySportsbook.com for all your college football betting needs.