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06/22/2010 - Anaheim, CA (Sportsbook Betting Lines) - Scott Niedermayer has reportedly decided to announce his retirement after an 18-year NHL career.
The Anaheim Ducks have scheduled a press conference for Tuesday afternoon and the Orange County Register reported that Niedermayer will make it official at that time.
Niedermayer spent the past five seasons with the Ducks after 12 full seasons and part of another with the New Jersey Devils. He won three Stanley Cup titles with New Jersey and led the Ducks to the 2007 championship while winning the Conn Smythe Trophy as playoff MVP.
The Edmonton native will turn 37 years old in August and had previously hinted at retirement. He considered calling it a career after the Ducks' title run and again in the summers of 2008 and 2009, but in 2009-10 played in 80 games with Anaheim and registered 10 goals with 38 assists for 48 points.
Selected by the Devils with the third overall pick of the 1991 draft, behind Eric Lindros and Pat Falloon, Niedermayer made his NHL debut during the '91-92 season at age 18 and became a mainstay of the New Jersey blue line the following year. He helped the Devils to Stanley Cup titles in 1995, 2000 and 2003 and played one more season in New Jersey, winning his only Norris Trophy as the league's best defenseman in 2004, before moving on to Anaheim.
In addition to his Cup triumphs, Niedermayer also won an Olympic gold medal with Canada at the 2002 Games and has been a part of title teams at the World Championship, World Cup, Memorial Cup and World Juniors -- making him the only player in history with all six championships.
Niedermayer was selected to the All-Star Game six times, missing one contest because of injury, and was a First-Team NHL All-Star in 2004, 2006 and 2007 with a Second-Team selection in 1998.
In 1,263 regular-season games, Niedermayer scored 172 goals and added 568 assists for 740 points. He added 25 goals and 73 assists for 98 points in 202 playoff games.
<< Braves activate RHP Saito
Chicago, IL (Sportsbook Betting Lines) - The Atlanta Braves activated reliever Takashi
Saito from the 15-day disabled list Tuesday.
Saito felt tightness in his left hamstring while pitching in the ninth inning
of Atlanta's 4-3 win against the Dod
<< North America Cup at Mohawk set for Saturday
Campbellville, ON (Sportsbook Betting Lines) - Post positions have been drawn for
Saturday's $1.5 million North America Cup at Mohawk Racetrack. The mile race
has 10 three-year-old pacers.
Last Saturday night there were three elimination r
<< Serena, Sharapova roll; Stosur falls in Wimbledon opener
Wimbledon, England (Sportsbook Betting Lines) - Serena Williams began her quest for a
fourth Wimbledon title with an easy straight-set win over Portugal's Michelle
Larcher De Brito, while former champion Maria Sharapova also rolled, and
French Open r
<< 2010 NHL Entry Draft Preview
Philadelphia, PA (Sportsbook Betting Lines) - The National Hockey League will hold its
annual Entry Draft this weekend at the Staples Center in Los Angeles, and the
Edmonton Oilers, holders of this year's No. 1 overall pick, will get the event
started Fr
Quinn moves into front office, Renney named new Oilers coach >>
Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers announced Tuesday that
Pat Quinn will step down as head coach and take over as a senior hockey
advisor and Tom Renney will be the team's new head coach.
Quinn guided the Oilers
Athletics send Fox to Baltimore >>
Oakland, CA (Sportsbook Betting Lines) - The Oakland Athletics have traded utilityman
Jake Fox to the Baltimore Orioles in exchange for minor league pitcher Ross
Wolf and cash considerations.
Fox was designated for assignment by the Athletic
Northern Iowa adds trio of coaches >>
Cedar Falls, IA (Sportsbook Betting Lines) - University of Northern Iowa head football
coach Mark Farley has added three assistant coaches for the 2010 season.
Matt Entz worked with the team during spring practices and will be the
defensive line coach
Rollins returns; Ruiz placed on DL >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies have activated
shortstop Jimmy Rollins off the 15-day disabled list and have placed catcher
Carlos Ruiz on the DL.
Rollins had been sidelined since May 22 with a calf strain
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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